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SAR HOLIDAY HOURS/CLOSING
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TODAY!
Your SAR will close at 1:00 p.m today -
Friday, December 23rd - and be closed on
Monday, December 26th to keep the Christmas holiday.
Merry Christmas to you and those you hold dear!
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2017 SAR Leadership Installation
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Be there when your SAR installs its 2017 leadership team at luncheon on
Thursday, January 5th, at the Hotel RL (Red Lion Hotel at the Park) Skyline Ballroom.
Download the event flyer (pictured above),
online here.
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WR Government Affairs Update
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Nathan Gorton, Washington REALTORS® Government Affairs Director, provides the latest updates as we prepare for the next Legislative Session and explains why Washington REALTORS® are so involved in politics.
See the four-minute video online here:
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Government Affairs Update
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NAR Priorities for 115th Congress
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NAR shares that among its priorities for the 115th Congress are regulatory reform, tax reform, National Flood Insurance Program re-authorization, housing finance reform (Fannie Mae and Freddie Mac) and other housing and real estate issues that may arise.
Republican leadership has identified several priorities for 2017. These are not listed in any particular order, but rather are intended to provide a snap-shot of what issues are going to be looked at early in the new Congress.
While the media has made much of the "the First 100 Days" agenda of the incoming Administration, Congress
is going to evaluate progress throughout 2017.
In order to use Budget Reconciliation both chambers must pass the same Budget. It is the leadership's intention to pass both an FY17 Budget and an FY18 Budget so that they can use Budget Reconciliation twice, one time to repeal the Affordable Care Act and the second for Tax Reform.
Regulatory reform is expected to be high on the list of Congressional action. This is a reaction to the large number of executive orders issued in the Obama Administration. Congress will flex its muscles as a co-equal branch of government.
Job Creation. It is expected that the GOP will claim most recent job creation was the result of regulatory compliance and not added demand for workers.
Immigration. GOP will push for border security measures including the Southern Border Wall.
Additionally, the US Senate will have more than 1,200 nominations to process, potentially slowing down legislative activity.
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No Quick End in Sight for Housing Shortage
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The bottom line is that we need a few years of above-normal construction activity, say 1.7 million housing starts per year. Only then will we see a slight rise in vacancy rates to help lessen the rent growth pressure and bring the inventory of homes for sale to a more balanced market. However, based on various economists' consensus projections of housing starts of 1.3 million in 2017 and at best 1.4 million in 2018, if proven true, then we are in for a housing shortage for at least four more years.
Read the entire article
online here.
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Great Real Estate Articles from 2016
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With more than 2.5 million blog posts being published every day, it can be difficult to sort through the noise.
Now that the year is coming to an end, here are some of the year's best real estate articles rolled into one large round-up post for you.
North Carolina REALTOR
®
Ryan Fitzgerald reached out to some great real estate blog authors to ask them to summarize their article in five to 10 sentences, and he's also summed up a few articles that he really liked as well, and he'll tell you why.
Read his excellent blog post, 28 Great Real Estate Articles From 2016, online here.
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| 2016 REALTOR® Education |
CONTINUING EDUCATION
Quality of Education
through SAR/WR Education Instructors
Here is the latest class listing of your SAR - offering the best live and local continuing real estate education classes for 2016.
Click on each class title,
underlined in blue, to bring up a flyer for that class - suitable for posting in your office.
Register for these classes
online here:
Please be in touch with
Debbie at the SAR if you have any questions about these classes or your license education requirements, by phone at
326-9222 or by
email.
IMPORTANT!
REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within four-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®.
The current four-year cycle will end Dec. 31, 2016.
Check your COE status -
log in to your member portal page to verify your member profile or call us at the SAR:
326-9222.
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Code of Ethics for Real Estate Professionals
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Tuesday, January 10 -
Code of Ethics for Real Estate Professionals - with
Linda Miller Sheets.
This class is for renewing REALTORS®.
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 12:30 p.m.
at the SAR
4.0 clock hours
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Code of Ethics: Standards for Success
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Thursday, January 12 -
Code of Ethics Standards for Success - with
Linda Miller Sheets.
This class is for new and renewing REALTORS®.
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR
7.5 clock hours
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Purchase & Sale Agreement
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Tuesday, January 17 -
Purchase & Sale Agreement - with
Sabrina Jones-Schroeder.
You are required to take this class once between 2013-2016. This January class meets this requirement.
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 5:00 p.m.
at the SAR
7.5 clock hours
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Current Issues in Washington Residential Real EState
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3.0 clock hours
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Purchase & Sale Agreement
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Tuesday, January 24 -
Purchase & Sale Agreement - with
Sabrina Jones-Schroder.
You are required to take this class once between 2013-2016. This January class meets that requirement.
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 5:00 p.m.
at the SAR
7.5 clock hours
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SAR CALENDAR
Click on the image below to see the current SAR calendar
showing dates and times of classes, committees and events.
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2017 First Quarter MLS Fees Due
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2017 First Quarter MLS fees have been posted to the SAR member portal. Click on the button above to pay yours now. This is due by December 30th.
Please contact Brenda, SAR bookkeeper and membership administrator, if you have a question about your fees by email here or contact her by phone at 326-9222.
Thank you for your prompt payment and for being a valued member of your SAR!
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Q3 2016 Business Barometer
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Greater Spokane Incorporated - the region's Chamber of Commerce - is just out with its Business Barometer for the third quarter of this year:
another strong quarter for the Spokane economy.
"The 3rd Quarter of 2016 continued to demonstrate the strength that has characterized the Spokane regional economy this year-strength that should continue not only into the 4th quarter, but also into next year," says
Shaun O'L. Higgins, Managing Principal of The Oxalis Group LLC, and a longtime observer of the regional economy.
"Contrary to the U.S. economy, which has been growing more slowly than in previous years, Spokane's economy is having a very good year," says
Steve Scranton, Chief Investment Officer for Washington Trust Bank.
"The region is ending 2016 on an economic high note," says Avista Chief Economist
Grant Forsyth. "Going into the holiday season with a good economic foundation is important because it means retailers have a better chance of a successful holiday season which is key to their sales for the year."
Doug Tweedy, Regional Economist for Washington State Labor Market & Economic Analysis, says, "We have a good foundation of employment in many sectors and I expect the growth rate in job creation to remain about the same as it has been the past three years."
Read the full report, which shares residential housing statistics provided by your Spokane Association of REALTORS® (chart above),
online here
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Update your DOL Information
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The Washington Department of Licensing shares word that it needs your action by
December 31st -
update your information with the new online system.
You can update your email addresses and contact information online here.
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WR Legislative Day
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Join hundreds of REALTORS® from around the state for two days of networking and change-making!
This legislative session will be pivotal for REALTORS® in Washington.
Show up, talk to REALTORS®, talk to staff, get on the bus and meet with legislators on the hill!
Read more
online here.
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Home Drone Conference & Expo
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SAVE THE DATE - Tuesday, March 21st, 2017 - to attend Home Drone Conference and Expo 2017 at the Spokane Convention Center.
This home-grown effort will be the first commercial drone event in the Pacific Northwest, convened by your Spokane Association of REALTORS®.
Anyone wishing to explore the use of drones for commercial purposes will want to attend this event!
Download the announcement flyer (pictured above), online here.
To learn about sponsorship opportunities, recommend a guest speaker, or inquire about booth space, click here.
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| Mobius Day Passes |
Looking for something to do as a family or small group this winter?
Your SAR has day passes available for loan to members which permit complimentary admission for four guests.
Current exhibits include Bodies Human and Winter Workshop in the Lab (snowman spray dough, squishy circuits, and liquid nitrogen cooking).
Please see Angie at the SAR front desk to check out your pass(es).
Check out the Mobius website to learn more.
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| ListHub Report for November |
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| Market Activity Report - November |
The SAR Market Activity Report for
November is now online.
See the latest full report -
a member-exclusive product - and archived full reports -
online here.
See the November 2016 Snapshot Report (pictured above) online here.
See the 2016 Year-to-date Snapshot report (pictured above) online here.
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Member Roster Update
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Click here to view the latest Member Roster Update - listing new and resigned members and companies.
Click here to view the latest list of MLS Subscription Waivers - approved by the Board of Directors.
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| Suggestion Box |
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Presented by your Spokane Association of REALTORS® 
See what's NEW at
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2016 Officers & Directors
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Susie Luby
2016 SAR President
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868-9468
SECRETARY:
John L. Scott Spokane
990-1326
TREASURER:
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