The Spokane Association of REALTORS®:
ENGAGES its members, ENCOURAGES professional excellence and cooperation,
ADVOCATES for real property rights, and PROMOTES strong, sustainable communities.
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Weekly Notices
September 9, 2022
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Forms Changes
Coming October 3, 2022
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This newsletter includes important information about upcoming form changes, including: Legal Bulletin 222 from NWMLS and a redlined Purchase & Sale Agreement along with sample copies of other forms offered (e.g. 1ASWF-Exclusive Sale & Listing Agreement, 41-Exclusive Buyer’s Agency Agreement and 41C-Buyer Brokerage Firm’s Compensation Addendum).
Please note that your SAR Exclusive Right to Sell and Buyer Representation Agreements are not changing at this time.
Your local Forms Committee will be looking at a few possible changes in the future.
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The revised Form 21-Purchase and Sale Agreement, along with other NWMLS forms, are being released on October 3, 2022.
There are significant revisions to the Purchase and Sale Agreements.
Legal Bulletin 222, which summarizes the forms revisions, redline Purchase and Sale, and SAMPLE versions of the revised forms are linked below for review purposes:
Please read through the information carefully.
The forms will be published for use on TransactionDesk on October 3, 2022.
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Legal Hotline:
Industry Evolution
Part 4:
Form 41 - Buyer Agency Agreement
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"You must be aware - in fact, I would say, like no other change in the past - you must prepare for forms changes that are coming."
Annie Fitzsimmons, attorney
Washington REALTORS® Legal Hotline
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Washington REALTORS® Legal Hotline attorney Annie Fitzsimmons begins a new video series on Industry Evolution with Spokane broker, instructor, and SAR past-president Eric Johnson, who chairs the Washington REALTORS® Presidential Advisory Group charged with looking over the horizon to help members identify and prepare for changes in the real estate industry.
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Past videos in this series are online here:
Forms Change - Buyer Brokers Compensation
Buyer Broker Compensation & Transparency for Buyer Broker Commissions
Statewide Forms Revisions
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New!
Forms Revisions
with Annie Fitzsimmons
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Do you want to continue to get paid?
Do you want to continue to evolve within the industry?
Then this class is for you!
October 3rd, 2022, there will be forms change that will unquestionably change the way you do business.
The coming forms change bears directly on buyer broker compensation and your ability to get paid for the work that you do.
In this class, we will discuss the facts that are driving this significant shift within the industry, why it is important, and what brokers need to do now, to be prepared and what brokers will need to do on and after October 3, 2022.
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New Forms, Hot Topics,
& Other Industry Fun
with Annie Fitzsimmons
Three live webinar's this month:
September 12, 15, 19
3.0 CE
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New!
Opportunity to Testify at
City Hall Monday night.
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The Spokane City Council will be hosting a hearing this Monday night on the emergency zoning and building changes it has passed.
We could use all the voices we can get to help support these efforts.
Testimony sign up is open from 5:00-6:00 p.m. on Monday, August 29, 2022.
You must sign up by 6:00 p.m. to be called on to testify.
Sign up forms will be available outside of Council Chambers for in-person attendees.
Those wishing to give testimony virtually can sign up between 5:00-6:00 p.m. at
(If you are unable to access the form by clicking the hyperlink, please copy and paste the link address into your browser window.)
Instructions for participation are provided on the form when you sign up.
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Among the key talking points for us:
- Spokane is facing its most critical housing crisis.
- Recent census data shows Spokane should have 114,000 housing units. Instead, we have only 89,000
- This lack of supply has driven up prices dramatically over the past few years
- Opportunities for workforce or entry level income homes are needed immediately
- These zoning and building changes are a great first step towards solving this problem
- No neighborhood value was ever hurt from building new homes people buy
Hope you can join us!
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Washington REALTORS®
Fall Business Conference
in Spokane!
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Join us September 21st-23rd for our annual
Fall Business Conference in Spokane!
Help shape the future of your association, hear from influential guest speakers, and network with REALTORS® from all over Washington State.
Additionally, The Spokane Association of REALTORS® warmly welcomes you to their charity event “A Night at the Carrousel!” Proceeds from this event go to 2nd Harvest.
Get your tickets early when you register for the Fall Business Conference with Washington REALTORS®.
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Fall Business Conference
Fun Night
The Spokane Association of REALTORS® warmly welcomes you to its charity event “A Night at the Carousel”!
They will be sponsoring, carousel rides, food & drink, music, and gondola rides, so it is sure to be a great time to network and just have FUN!
Proceeds from this event go to 2nd Harvest. Tickets are $65 through September 12th (at the door $85). Get your tickets early when you register for the Fall Business Conference with Washington REALTORS®
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Stacey Overtoom and Gina Mosey offer a personal invitation live from the scene of Fun Night - the world-famous Looff Carrousel in Riverfront!
The video runs about 30-seconds.
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So, is it spelled "carousel" or "carrousel?" We use "carrousel" in Spokane because Riverfront does. The spelling of the word is as diverse as the attraction. Learn more online here.
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2019 SAR Citizen of the Year,
2020 WR Citizen of the Year,
Dies in Airplane Accident
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Sandy Williams, a long-time partner of the Spokane Association of REALTORS®, died this week in an airplane accident near Whidbey Island.
Sandy was founder/editor/publisher of the Black Lens newspaper and executive director of the Carl Maxey Center.
The SAR named Sandy its 2019 Citizen of the Year; Washington REALTORS® named Sandy its 2020 Citizen of the Year (pictured) - the first year of the pandemic, therefore the masks.
The SAR was in the middle of planning a Spokane home-ownership event with Sandy at the Maxey Center for the fall - those plans will continue in her memory.
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September is REALTOR® Safety Month.
Knowledge. Awareness. Empowerment. These are the core components of REALTOR® Safety.
Watch the SAR FaceBook channel all this month for daily tips on REALTOR® safety - https://www.facebook.com/SpokaneRealtor
For more resources to help keep you safe, check out the REALTOR® Safety Program, online here:
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Fourth Quarter MLS Fees Due:
September 30th
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Fourth Quarter MLS fees have been posted to the SAR member portal.
Please email Brenda at the SAR if you have a question about your fees or contact her by phone at 326-9222.
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On Now!
It's Time for our
Friendly, Fun, Food Fight!
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This year's event started this week (Thursday, August 18th), and runs through Friday, September 30th.
We hope your office will participate in a "Friendly, Fun, Food Fight" competition.
The winning office that brings in the most money will be presented a nice wall plaque that the office can keep for the year!
Excited yet?
Our food drive is one of the largest of the year for 2nd Harvest.
They are very much depending on the Spokane Association of REALTORS®.
With your help, we can make "Friendly, Fun, Food Fight 2022” the biggest yet!
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Office Challenges
If your office would like to participate in a challenge to other offices, just give Tami a call.
No hassle, no fuss we’ll get you all set up.
Tami Peterson at the SAR 509-326-9222.
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New!
"Thank you" Rob Higgins
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Rob Higgins - the association's executive vice-president - participated in his last board meeting, this week, as he retires from 37-years at the SAR.
The board celebrated the occasion with lunch and cake (pictured) - followed by a round of singing "For He's a Jolly Good Fellow."
Rob's successor - Tiffany Claxton - will begin her role as Chief Executive Officer of the association on September 19th.
Thank you, Rob!
Welcome, Tiffany!
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Landlord/Tenant Law -
from the Landlords Point of View
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Next week! Free!
Wednesday, 9/14 Noon-1pm
at the SAR (1924 North Ash Street)
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This lunch and learn is free to attend. Join Steven Schneider Attorney at Law for an hour. He’ll cover these hot topics:
- Pandemic, Moratorium and Just Cause Eviction Law
- Landlord’s Rights and Remedies under the new laws
- Avoiding liability representing sellers and buyers of rental property
- Managing rental property
- Step by Step Evictions: Notices to Sheriff
He has a lot to cover in only 60 mins. Be ready to take notes of all the things you don't want to forget.
Bring all your questions and scenarios for the Q&A at the end.
Steven has been practicing in real estate and landlord tenant law for over 30 years. He teaches landlording classes, along with serving the members of the Landlord Association of the Inland Northwest.
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Decoding Real Estate:
Social Media Marketing
with Travis Thom
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For many agents, social media and digital marketing as a whole are tough concepts to grasp, and they tend to have more questions than knowledge:
- How do I get started?
- Where do I get started?
- How much should I spend?
- What techniques help drive lead generation?
One listen to Travis Thom, and you’ll have the answers. He’s the founder of Elevated REM, a full-service, digital marketing agency that specializes in helping real estate agents find their voice in the social/digital world.
In our latest episode, Travis gives tips and shares strategic insight on how to break into social media marketing, what platforms to adopt early (hint: the clock is Tik-ing), and breaks down digital terms such as pixels, code, cookies, funnels, retargeting, discovery cycles and storytelling.
It’s everything you need to know to start or fine-tune your real estate digital marketing plan.
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Professional Development
The SAR offers a full schedule of virtual classes to help members satisfy their professional development requirements to keep their REALTOR® status current.
Please be in touch with Tami at the SAR if you have any questions about classes or your license education requirements, by phone at 326-9222 or by email.
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Not an SAR member? We'd love to have you join us! Please click on the door (above) to register. |
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Next week!
Purchase & Sale with Sabrina Jones Schroeder
Tuesday, 9/13 8:30-12:30
&
Thursday, 9/15 8:30-Noon
Zoom class - two-day class - both days required
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!
7.5 clock hours
This mandatory course will include: An introduction and discussion of intentions, goals, and purposes in properly completing the new Purchase & Sale Agreement; the deposit, parties and property; financing and the financing contingencies, title insurance and transfer and inspections; representations and disclosure; and remaining provisions.
This class must be taken once every four years.
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Biggest Bloopers & Blunders we make in our Statewide Forms with Ken Sax
Tuesday, 9/20 9:00-12:30
3.5 clock hours
You can sign up to take this class in-person at the SAR or you can zoom in.
You'll want to check out this class and learn what the bloopers are and how to avoid making the same mistakes!
Don't be that broker!
Ken Sax has been teaching the Purchase & Sale class since 2010.
He's very passionate about REALTORS® being experts on this... after all, your clients think you are!
Ken will be discussing Forms - 21, 50, 51, 22A. 22EF, 22B, 39, 22Q, 35/35R, 35E and 36.
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Instructor Development Workshop/Training Superior Instructors
with Linda Miller Sheets
Weds 9/28 & Thurs 9/29
Both days are required
8:30-5:00pm
15 clock hours
Two-day Training Superior Instructors/Instructor Development Workshop with WA state approved instructor Linda Miller. 15.0 clock hours. This is the 2-day course you'll need to apply to DOL to become a WA state approved instructor.
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Everything you Wanted to Know about Mobile Homes
with Angie DeArth
Tuesday, Oct 4 1-4
3.0 clock hours
You can sign up to take this class in-person at the SAR or you can zoom in.
This is the class you've been asking from: A Manufactured home on land or a leased lot in a park? Who holds the title? Elimination - is it needed or was it done? Labor & Industries inspections? Where is the VIN number? Sales tax & excise tax? Closing costs, who pays for what? And, all the pesky forms from so many different agencies: DOL, DOR, LPO, NWMLS, UCC, L&I.
Don't miss out on this very informational class on Mobile Homes!
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Class Cancellation Policy:
A refund will be granted until 3:30 p.m. three days prior to the class, after which time there will be a 50% refund.
Anyone not showing up for class will not be given a refund.
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Next week!
Washington Real Estate
Fair Housing
Tuesday, September 13 9-noon
-and-
Wednesday, September 14 9-noon
6.0 CE Hours
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New DOL Mandatory Education – Fair Housing Requirements
Effective: June 1, 2022
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Effective June 1, 2022, the WA Department of Licensing (DOL) has implemented SB 5378.
This bill requires ALL Brokers and Managing Brokers to take a Fair Housing class.
Brokers and Managing Brokers licensed BEFORE June 1, 2022, will be REQUIRED to take the “Washington Real Estate Fair Housing (6-hr)” before June 1, 2023.
New agents licensed AFTER June 1, 2022 will be REQUIRED to take the “Washington Real Estate Fair Housing (3-hr)”.
Each subsequent renewal will REQUIRE a 3-hour Fair Housing Class. Just like Current Issues in Washington Residential Real Estate, this 3-hours will be INCLUSIVE of your regular 30-hours required for each renewal.
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2023 SAR
Initial Slate of Candidates
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This information is shared with members here in compliance with association bylaws which require notice of initial slate of candidates not less than three months prior to the annual meeting of the membership. |
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Your SAR Nominating Committee is pleased to announce its initial slate of candidates for 2023 SAR leadership:
PRESIDENT-ELECT
Elizabeth Beatty, Coldwell Banker Tomlinson V
SECRETARY
None Specified
DIRECTORS
Elizabeth Beatty, Coldwell Banker Tomlinson V
Doug Hagood, Hagood Real Estate and Mortgage
Mary Marr, Windermere Manito
Keri McCombs, Haven Real Estate Group
Heather Schelling, Haven Real Estate Group
Additional Candidates
In accordance with Article XIII, Section 13.2 of the Association Bylaws, additional candidates may be nominated by the REALTOR® members.
For those wishing to nominate a REALTOR® member for an Association Officer or Director position, Nominating Petitions will be available from the Association office Monday, October 10th through Monday, October 24th.
Deadline to return petitions is Monday, October 24th!
ALL VOTING WILL BE DONE ELECTRONICALLY!
You will receive Notice on Friday, October 28th of the "Final Slate of Candidates".
Voting begins on Monday, October 31st.
Deadline to fill out ballots will be Wednesday, November 16th, 4:30 p.m.
Our new leaders will be announced at our Annual Membership Meeting on Thursday, November 17th, at CenterPlace Regional Event Center.
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MLS Weekly News and Information |
Keep up with rule changes, get tips and tricks and see the monthly MLS totals.
Don’t forget to check this valuable resource!
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Current Market and Membership Information from your Association: |
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New!
August 2022
Home Sales Report
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New!
August 2022
Year-to-Date Home Sales Report
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New!
August 2022
Member Roster Update
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See the full member-exclusive Market Activity/MLS Statistics online here.
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SAR and Community Calendars: |
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Connect with us any time on these social media channels: |
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