Weekly Notices
Friday, September 13, 2019
 
Market "Bustling with Activity" 
        
 
The Spokesman-Review photo
 
   
 
The Spokane County real estate market was bustling with activity in August, but not enough to drive up home sales, as persistently high demand and low inventory continued to be the norm.
 
Home sales declined 5% last month compared to August 2018, according to data from the Spokane Association of Realtors.
 
More than 869 single-family homes and condominiums on less than 1 acre sold last month, down from 915 homes in August 2018, according to the Realtors association.
 
"Every month this year we've had sales down compared to the same month last year," said said Rob Higgins, executive officer for the Spokane Association of Realtors.
 
 
 
 
Read the full article in Tuesday's edition of The Spokesman-Review (pictured above), online here
 
 
 
 
 
 
 
   
SAR Food Drive - Thank You! 
     
   
 
 
THANK YOU!   
  
 
THANK YOU to all Spokane REALTORS® who donated their time and talents, last week, for making our 2019 Food Drive for 2nd Harvest such a success!
 
THANK YOU, too, to the many who donated food and/or made a cash donation during our event.
 
Pictured above (left to right): Rob Higgins, SAR Executive Vice President; Marilyn DeMier-Colson, Exit Real Estate Professionals; Jennifer Shupe, Century 21 Beutler and Associates; Elaine Edwards, Realty ONE Group Eclipse; Julie Humpreys, 2nd Harvest; Gina Mosey, 2019 SAR President; Shannon Kinney, 2nd Harvest; Judy Flemmer, Exit Real Estate Professionals; and Tami Peterson, SAR Education and Event Coordinator.  
  
2019 SAR President Gina Mosey (to the right of the check) presents our first of several cash donations to 2nd Harvest - this one totaled more than $2,400, collected from our recent SAR Golf Tournament.
 
Your generous efforts are much appreciated and will be put to good use in providing food security to thousands of local individuals and families.

  
 
 
 
 
 
The Crowdrise link to make donations that will be counted in our grand total for 2nd Harvest will be up through the end of the month - plenty of time to challenge another office to join you in making a donation - let us know if you do and we'll include a mention of it here in the Weekly Notices!  
 
 
Click on the Crowdrise logo below to make your 2nd Harvest donation:
 
 
 
 
 
 
 
 

Remember for every $1 donated, Second Harvest provides 6 pounds of food - the equivalent of 5 meals for hungry people.
 
The gift of food changes lives and gives people an opportunity to succeed and thrive!
 
Thank you for your donation!
       
 
 
RE Commisioner Meeting 
        
 
 
 

Open to all Licensees
 
DOL Real Estate Commissioner Meeting
 
Wednesday, September 25th
 
9:00 a.m. - Noon
 
Hilton Garden Inn Spokane Airport
9015 W. Sunset Hwy.
 
 
 
 
 
 
   
WR Legal Hotline: Form 22A Revisions 
         
 
 
NEW!  
 
 
Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons is back with a new video to talk about the forms revisions that took place in July 2019.  
 
In this video, Annie covers revisions to Form 22A, the Financing Addendum.
 
Watch Annie's new four-minute video online here: 
 
 
 
Form 22A Financing Addendum 2019 Revisions
Form 22A Financing Addendum 2019 Revisions
   
      
 
 
The Voice for Real Estate  
        
 
 
NEW!

 
Big changes to FHA condo loans coming in October; a look inside NAR's 2nd Innovation, Opportunity & Investment Summit; and a new effort to reduce food waste and feed the hungry.  
 
This week's video is sponsored by the REALTOR® Benefits Program. 
 
See the new seven-minute video online here:  
 
 
 
The Voice for Real Estate: September 3, 2019
The Voice for Real Estate: September 3, 2019
 
 
 
   
Upcoming CRS Classes



 
 
 
   
 
   
 
October 7
 
Increase Wealth With Rentals

Class: 8:30 a.m. to 5:00 p.m.
 
Location: Oak Harbor, WA  
 
8.0 clock hours     
 
 Click here to view flyer.
  
 
 
   
   
 
October 8 
 
Tax Strategies

Class: 8:30 a.m. to 5:00 p.m.
 
Location: Oak Harbor, WA  
 
8.0 clock hours     
 
   
 
 
    
 
October 17-18
 
NOTE LOCATION CHANGE: 
at the SAR   
 
If you've been in the business for at least 10 years and you take this class, you meet the requirements to get your CRS Designation.   
 
MEMBERSHIP SPECIAL!  
 
If you're a First-time new member you get your first year's RRC membership for FREE when you attend this class (a $195 value)!
 
 
Building an Exceptional Customer Service Referral Business

Class: 8:30 a.m. to 5:00 p.m.
 
At the SAR   
 
16.0 clock hours     
 
    

Commercial Investment  

September 30 - October 3
 

The Washington State chapter of Certified Commercial Investment Member (CCIM) invites all SAR members to participate in its Financial Analysis for Commercial Investment Real Estate event in Spokane, September 30th - October 3rd.
 
This course will teach you how to:
 
  • make informed investment decisions using the CCIM Cash Flow Model
  • measure the impact of federal taxation and financial leverage on the cash flow from the acquisition, ownership, and disposition phases of real estate investment
  • use real estate analysis tools to quantify investment return
 
 
 
 
 
 
Tax-Reduction Strategies 





Tuesday, October 15th
 

Learn how REALTORS® can slash their taxes by thousands each year at this complimentary seminar for SAR members.
 
Two sessions - 9 a.m. and 1 p.m. at the SAR!
 
 
 
 
 
2019 REALTOR® Education

CONTINUING EDUCATION
 
Quality of Education 
through SAR/WR Education Instructors


Here is the latest class listing from your SAR - offering the best live and local continuing real estate education classes for 2019.

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 Tami at the SAR if you have any questions about these classes or your license education requirements, by phone at 326-9222 or by email.
  
 
 
 
 
 
 
 
 
NEXT WEEK! 
    
 
Monday, September 16 - Transaction Desk - with Eric Johnson
 
Check-in: 8:45 a.m.
Class: 9:00 a.m. to noon
at the SAR
 
3.0 clock hours 
 
 
 
 
 
 
 
Sabrina Jones-Schroeder - Purchase and Sale Agreements instructor 
Purchase and Sale Agreement
 
 
NEXT WEEK!  
 
 
Tuesday, September 17 - Statewide Purchase & Sale Agreement - with Sabrina Jones-Schroeder.
 
Check-in: 8:15 a.m.  
Class: 8:30 a.m. to 5:00 p.m.
at the SAR
 
7.5 clock hours 
 
 
 
 
    
 
Spokane Association of REALTORS(R) - Continuing Education 
Code of Ethics for Real Estate Professionals 
 
 
 
FOR CONTINUING BROKERS 
 
Monday, September 23 - Code of Ethics for Real Estate Professionals - with Linda Miller Sheets
 
Check-in: 11:45 a.m.
Class: Noon - 4:00 p.m.
at the SAR
 
4.0 clock hours  
 
 
 
 
 
 
 
Land and Acreage 200 
Land and Acreage 200
 
 
 
Thursday, September 26 - Land & Acreage 200 - with Jim Palmer, Jr.
 
Check-in: 8:15 a.m.
Class: 8:30 to 4:30 p.m.
at the SAR
 
7.5 clock hours 
     
 
 
 
 
 
 
This class will teach you how to put together your own Business Budgeting Plan so you can have a stronger real estate business. 
   
Thursday, October 3 - Business Budgeting Basics - with John Trent
 
Check-in: 12:45 p.m.
Class: 1:00 p.m. to 4:00 p.m.
at the SAR
 
3.0 clock hours  
 
 
 
 
    
Monday, October 7 - Transaction Desk - with Eric Johnson.
 
Check-in: 8:45 a.m.
Class: 9:00 a.m. to noon
at the SAR
 
3.0 clock hours  
 
 
 
 
 
 
Code of Ethics - Standards for Success 
Code of Ethics - Standards for Success
 
 
FOR NEW REALTORS®!  
 
Tuesday, October 8 -   Code of Ethics - Standards for Success - with Linda Miller.
 
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR
 
7.5 clock hours  
 
 
 
 
 
 
Code of Ethics - Standards for Success 
Code of Ethics - Standards for Success
 
FOR NEW REALTORS®! 
 
 
Wednesday, October 9 - Code of Ethics - Standards for Success - with Linda Miller.
 
Check-in: 8:15a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR
 
7.5 clock hours  
 
 
 
 
 
 
Statewide Purchase and Sale Agreement 
Statewide Purchase and Sale Agreement
 
 
Thursday, October 10 - Statewide Purchase and Sale Agreement - with Sabrina Jones-Schroeder.
 
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 5:00 p.m.
at the SAR
 
7.5 clock hours  
 
 
 
 
 
 
Core Curriculum 
Core Curriculum
 
Tuesday, October 29 - Core Curriculum - with Sabrina Jones-Schroeder.
 
Check-in: 8:00 a.m.
Class: 8:30 a.m. to 11:30 a.m.
at the SAR
 
3.0 clock hours   
 
 
 
 
  
  
 
In This Issue
Market "Bustling with Activity"
SAR Food Drive - Thank You!
RE Commisioner Meeting
WR Legal Hotline: Form 35 Revisions
The Voice for Real Estate
Upcoming CRS Classes
Commercial Investment
Tax-Reduction Strategies
2019 REALTOR® Education
SAR CALENDAR
REALTOR® Safety Month
WR Fall Business Conference
Assessor's Letter to REALTORS®
WR Fall Business Conference
SAR Leadership Nominations Open
Candidate Forum
SAVE THE DATE: SAR Oktoberfest
Member Roster Update - September - NEW!
Market Activity Report - August - NEW!

SAR CALENDAR
 
Click on the calendar image below to see
the current SAR calendar showing dates and times
of classes, committees and events. 
REALTOR® Safety Month 


 



NEXT WEEK!
11 a.m. Tuesday
September 17th
 
   
You are invited to participate in a free NAR webinar on REALTOR® safety: Prospect or Predator? Reduce the Risk of Being Targeted.
 
The event will be led by Dave Legaz, REALTOR® and retired NYPD Police Sergeant, who will explain how real estate professionals can reduce the risk of being targeted by predators.

Dave will discuss various predatory behaviors, and steps agents can take to reduce the likelihood of getting into an unsafe situation while on the job.

   
 
 
 
 
 
 
 
 
NAR is just out with its 2019 Member Safety Report.
 
It reports 33% of REALTORS® have experienced a situation that made them fear for their personal safety or safety of their personal information.   
 
Common situations that caused fear: open houses, vacant homes/model homes, meeting clients alone, properties that were unsecured or inhabited, buyers who refused to meet in public places, properties in remote areas.  
 
Download the complete report (pictured above) online here




 
Fall Festival of Homes 





Tuesday, October 1

 
Sign up now for the Fall Festival of Homes VIP Realtour!
 
This event is FREE to REALTORS® ($20 for everyone else) - and includes lunch!
 
Come meet the builders, get tips on selling new construction, and receive prizes and giveaways.   
 
 
 
 
Assessor's Letter to REALTORS® 
        
 
 
 
 
Your Association received, last week, a letter from Spokane County Assessor, Tom Konis, addressing an evolving legal opinion that affects his office and, ultimately, all REALTORS® in Washington state.
 
An August 1, 2019, Washington State Attorney General Opinion says an existing law which prohibits the release of owner names in property records for commercial purposes must extend to electronic data.
 
In response, the Spokane County Assessor's office has removed owner names from downloadable property information available through its website. 
 
Read the Assessor's letter to Spokane REALTORS® explaining its position on this issue (pictured above), online here
 
 
 
 
 
 
   
WR Fall Business Conference 



NEXT WEEK!
September 18-20 
 
Washington REALTORS®️ Fall Business conference is an opportunity for members from all over Washington State to gather in one location, network, develop leadership skills and be a part of association governance.  
 
Members come to this event to help shape the association that works on their behalf and on behalf of property owners all across the state!  
 
 
 
 
SAR Leadership Nominations Open 






DUE BY TUESDAY, OCTOBER 1st
 
Nominations are open for directors to serve on your association board for 2020-2021.
 
There are five, two-year terms available on the board.

Nominees for directorships must be REALTOR® members of the Association who have: (i) served on a minimum of two (2) standing committees within the seven (7) years prior to the time of the election; (ii) served on one (1) standing committee within the three (3) years prior to the time of the election; or (iii) who are currently serving, or within the one (1) year prior to the time of the election have served, as President of the Young Professionals Network or President of the Women's Council of REALTORS®.
 
If a candidate has served on only one (1) standing committee within the three (3) years prior to the time of the election, that candidate must also attend two (2) Board of Directors meetings within the twelve (12) months prior to running for Director.
 
Candidate committee attendance must be at a minimum of 80%, inclusive of excused absences, in order for service on said committee to be used to meet eligibility requirements.

To place a name in nomination with the Nominating Committee, please complete the application, offered below.
 
You may FAX your completed form to the SAR at 324-8650, mail to:  SAR, 1924 N Ash, Spokane, WA 99205, or Email to Sharon@SpokaneRealtor.com by 
Tuesday, October 1st .
 
If you have questions, please contact Gina Mosey at 953-3410 or Sharon Houston at 326-9222.  
 
 
Thank you for participating in the leadership of your association!     





Download the 2020-2021 SAR Director nomination form (pictured above), online here  .   


 
Candidate Forum 



Tuesday, October 1st

The Downtown Spokane Partnership will hold a Candidate Forum on Tuesday, October 1st, to help city voters decide for whom they wish to vote in the General Election in November.
 
This unique forum will feature General Election candidates for all major races in Spokane, including candidates for Spokane City Council, Council President, and Mayor.  
 
This forum offers a chance to hear from all the final candidates in one place, providing a venue for each candidate to offer their vision and demonstrate a deep understanding of downtown. 
 
Read more about this online here.


SAVE THE DATE: SAR Oktoberfest       
 





Thursday, October 24th!


The SAR Christmas Party committee has decided to re-invent our annual member gathering, move it earlier in the year, and change the name.




Welcome to the first-annual SAR Oktoberfest - Thursday, October 24th!





Member Roster Update - September
 




Updated for September

Click here to view the latest Member Roster Update - approved by the Board of Directors.

   
Send a message to Brenda at the SAR with any changes.  





Market Activity Report - August 
         

Market Activity Reports  
 
   
NEW!
Updated for August
  
 
The SAR Market Activity Report for August is now online.
 
 
See the latest full report - a member-exclusive product
- and archived full reports, online here .
   
 
   




See the August 2019 Market Snapshot Report
(pictured above) online here.






See the 2019 YEAR-TO-DATE Market Snapshot Report (pictured above),   online here.




Presented by your

Spokane Association

of REALTORS®  

 

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Quick Information
   
Tech Helpline: 866-610-8939
 
Legal Hotline: 800-562-6027

Washington State Legislature Hotline: 800-562-6000
 



2018 NAR New Member Orientation
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2019 SAR Leadership
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This weekly newsletter is a member benefit of the

SPOKANE ASSOCIATION OF REALTORS®
  1924 North Ash Street 
Spokane, Washington 99205
T: 509. 326.9222
F: 509. 324.8650

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