Business & Real Estate

SILVAR meets with Filipino American real estate group's new leadership

The Silicon Valley Association of Realtors congratulated the 2017-2018 co-presidents, officers and board directors of the Filipino American Real Estate Professional Association Silicon Valley chapter at a ceremony in Santa Clara last week.

Members of the Filipino American realtor association’s leadership team include SILVAR Global Business Council chairwoman Tess Crescini (Heritage Homes & Investments) and Wilma Baltar (Keller Williams Silicon City), co-presidents; Cheryl Javier (CBC Realty), vice president; Mark Taylan (Direct Mortgage Funding), treasurer; and Gelda Lopez (Wells Fargo Home Mortgage), secretary. SILVAR president Denise Welsh installed the new officers.

The 2017-2018 Filipino American Real Estate Professional Association Board of Directors, installed by Rick Smith, president of the Santa Clara County Association of Realtors, includes Dexter Lat (Realty World One Alliance), Tessie Figueroa (Akimax Realty), Dan Ramas (Keller Williams Silicon City), Robert Balina (Synergize Realty), Anna Truong Lopez (Bank of America Home Mortgage), Divina Parreno (WFG National Title Insurance Co.) and Edelith Obas (WEST).

California Bureau of Real Estate Commissioner Wayne Bell and California State Senator Jim Beall delivered keynote speeches at the event.

Bell thanked realtors for raising the standard of the real estate profession.

“It’s a team that makes real estate work in California,” he said.

Bell urged licensees to follow the Realtor Code of Ethics, encouraging them to continue building their practices by creating high expectations, adding value and “telling clients the value of what you do.”

Beall commended the real estate community for its support and advocacy for housing. He noted that California Gov. Jerry Brown recently signed Senate Bill 3, a bill he authored that would place a $4 billion bond on the November 2018 ballot. If approved by voters, $1 billion would be used to help military veterans purchase homes with low or no down payment at below-market interest rates. The other $3 billion would fund housing development programs.

“I’m proud to be part of the legislation that makes a significant contribution to housing in the state of California,” he said, exhorting realtors to stand with him and continue to move forward on housing.

Baltar said she and Crescini are “excited” to serve the community and are prepared to “play a big role in the real estate industry.”

“With our dedicated and strong leaders we can accomplish many goals,” she added.

Crescini accepted the Founder’s Award in honor of her and her late husband, Paul Stewart, for co-founding the Filipino real estate association in 2002.

“It is wonderful to behold that since the original (association’s) inception in 2002, we are still thriving and evolving,” she said. “With new and younger leadership from our board of directors, my greatest hope is that we will keep going forward with renewed enthusiasm using new tools and creativity.”

The Silicon Valley Association of Realtors provided information for this article. For more information, email Rose Meily at This email address is being protected from spambots. You need JavaScript enabled to view it. or visit

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