Industry News

Schwarzenegger appoints new real estate commissioner

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California Governor Arnold Schwarzenegger has appointed Jeff Davi as the Commissioner of the Department of Real Estate. Davi succeeds Paula Reddish Zinnemann, who left the post in October 2003, when state voters recalled Gov. Gray Davis and appointed Schwarzenegger to replace him. Davi is broker/owner of A.G. Davi Ltd., in Monterey, and most recently served as president of the Monterey Association of Realtors and chairman of RE InfoLink MLS. He served on the Affordable Housing Steering Committee of Monterey County, as well as numerous charitable and community organizations in the state. Davi is a member of the California Association of Realtors, and serves on its board of directors. He has 15 years experience in real estate sales, leasing, management and financing. The Real Estate Commissioner's role is to administer and enforce real estate law, as well as subdivided lands law. The Commissioner has the authority, if supported by the evidence obtained, to hold formal hearings to deci...