Red Alert! C.A.R. OPPOSES Point-of-Sale Mandate!!

 Call Assembly Member Betty Karnette

to Ask that

the Point-of-Sale Provision be Removed from AB 2678!

C.A.R. is OPPOSING AB 2678 (Núñez) which among other things, requires that ALL homes and commercial property in California have an energy audit at point-of-sale and that mandatory energy efficiency investments be made. While C.A.R. appreciates the goal of AB 2678 C.A.R. strongly opposes the point-of-sale requirements in AB 2678 because they fail to achieve the bill’s objectives and, such mandates will further weaken the housing market.  If enacted, AB 2678 could add thousands of dollars to the cost of purchasing a home, including up to $400 just to have a home audited. AB 2678 will be voted on in the Assembly Appropriations committee this Wednesday. Assembly member Karnette is a member of that committee.

ACTION ITEM

Call Assembly member Betty Karnette at

1-800-961-3302

and enter your NRDS 

Urge her to OPPOSE AB 2678 unless the point-of-sale requirement is removed.

Call between 9am and 5pm.

AB 2678 will require a state agency to set up a process to require point-of-sale energy efficiency audits that will cost up to $400 and ultimately will require point-of-sale energy efficiency retrofits that may cost THOUSANDS of dollars.

Don't let this happen to your transactions or your clients -- call Assembly member Karnette TODAY!

While C.A.R. has no objection to increasing energy efficiency, AB 2678 will be both dangerous to the real estate market and grossly ineffective. Here’s why AB 2678 is a bad idea:

• AB 2678 will hurt your business. Heaping costly requirements on all sales will slow every residential AND commercial transaction, further weakening the real estate market and the economy.

• Point-of-sale approaches take too long. Research shows that only 22% of the properties most in need of energy efficiency retrofits will actually be sold by 2020. AB 2678 will be grossly ineffective in achieving its goals.

• AB 2678 will hurt housing affordability. The mandatory audit and retrofit requirements ultimately created could add THOUSANDS of dollars to every transaction. And every $1,000 increase in the price of a home disqualifies 26,600 families from owning.

• Politicians want to make an end-run around you! They know REALTORS® will fiercely oppose point-of-sale mandates. By passing the buck to a state agency, they hope to make this proposalmore acceptable to other legislators. But be forewarned: once the legislation is passed and the bureaucrats take charge, you will have NO SAY.

FOR MORE INFORMATION

Contact DeAnn Kerr at deannk@car.org.

This author sees that as usually Governor Schwartznegger is happy to sign in more Laws that will cost us more money and problems.

He has done a great job of damaging the education system with his 14 Million dollar cuts to the schools this year but remember he increased 330 million to fix the roads.  So the uneducated can drive safely!

and if this bill passes he will open more jobs for the blue collar environment he has created by cutting Californians education. 

Keep us down and working, Don't let anyone be educated in California unless they can afford it..Only the Wealthy,,,,Thank You Governor Schwarztnegger.... You really know how to de-educate Californians

When is the California Governor going to Pass a law to send the Millions in Lotto Money to the schools and stop the administrators of lotto and education from filling their pockets?...But that is another blog.