City Manager panel welcomes Realtors to our new home.

Yesterday our Association held our inaugural event in our brand new home. We closed escrow back in March and have been doing the TI’s  since then  and completed our move just last week. There’s still a couple areas under construction and we’ll bring you more photos when we’re all done.

mgrBut timing presented a terrific opportunity for our association to acquire a new facility, to own our own home free and clear and have a great place for our members to meet, to learn and to shop. As I tell folks, it’s always a good market for somebody and in this case, what was a bad market for the Jaguar dealer that previously owned the place turned out to be heaven-sent for Realtors. Big facility, lots (but never enough) parking, nice high-tech gadgetry, a huge meeting room with food prep facilities that can be rented out – a win-win for SRCAR.

mgrSo for our kick-off event, we did an RAF fundraiser featuring a panel of four of our local city managers moderated by yours truly. Temecula’s Shawn Nelson, Murrieta’s Rick Dudley, Menifee’s Steve Harding and Wildomar’s Frand Oviedo joined us for the morning providing city updates and fielding questions from over 150 Realtors.

mgrWe started the morning with a breakfast put on by our affiliates – including fresh-made strawberry waffles by the one and only Billy McDougal, eggs, sausage & bacon prepared by Judy Edgerton, plus fresh fruit, muffins, juices and coffee from our terrific support team of affiliates. Waffles were so popular we set up back-up waffle irons in the board room to meet demand.

mgrThe facility seats nearly 200 at tables, well over 300 in conference seating. The front of the room features two large projection screens to present slides, overheads, video or live feed directed from the media center. There are also 55″ screens strategically placed in the lunch room, the board room and behind the front desk so live events can be played throughout the facility, webinars can be conducted or calendars of coming events and other promotions can be played during normal business hours. For us that’s all pretty cool stuff.

mgrAs I noted in my remarks, we are indeed fortunate to have the city managers in place we do. With 5 cities in close proximity, the potential is there (and has been in the past) to compete for housing, compete for businesses and work counter-productively to the well-being of the region. Our city managers and councils have adopted a more cooperative mode the past few years understanding that each location may be a better fit for one particular venue and that a win for one is a win for our region.

mgrEach Manager gave a 15-20 minute overview of where their city is financially, what they have planned, how the housing crisis has both hurt and helped them, how they’re coping with budgetary restrictions, how they’re working with businesses and attracting new jobs to the area. The Managers were uniformly upbeat believing we’ve been through the worst for our area, we’ve adjusted to that decline and are poised to benefit from the pending up cycle. With continued strong demand for housing, inventories of 3 months or less and stable to slight price appreciation for the past 18 months, they are well supported in their idea that, at least for us, the worst may be over.

Questions from members covered a range of topics from healthcare to builder fees to infrastructure improvements. Our cities continue to move forward with civic projects and substantial highway improvements funded by local redevelopment fees because – as one manager put it, if we don’t use it the state will just steal it – as they have done the past couple years.

mgrA great morning was capped by an opportunity drawing including a flight over the valley, a day at Disneyland and an iPad. Everyone who attended took home something from the event, some a little more than others. Welcome members to our new Realtor home.

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