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
March 25, 2022
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SAR Launches New Member Benefit:
Domus Analytics
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Spokane Association of REALTORS® members now enjoy full use of Domus Analytics at no additional member cost.
The new service was announced at the Quarterly Membership meeting this week.
"It's always a pleasure to give members more value for their money," says 2022 SAR President Eric Etzel. "Association leadership has been testing this service for some time. It is an incredibly powerful tool and, we trust, a valuable addition to the Spokane REALTOR® toolbox."
From the company:
In today's competitive market, it's essential for REALTORS® to show the value they bring to every transaction through subject matter expertise.
Your knowledge needs to be a mile wide and at least a foot deep. And that's a lot. Let us make your job easier.
Domus Analytics dashboards are the most powerful, accurate and easy to use market stats tools available today.
We do all the heavy lifting so that you can quickly zero in on your client's concerns, and be the expert they need.
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Domus Analytics / sample SAR screen. |
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Intersection of Trent Avenue and Freya Street. |
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Things are looking up for Spokane REALTORS® - no, really - look up next time you're near any of these intersections in the Spokane area to see the new REALTOR® advocacy messages designed by NAR and deployed by your SAR Communications Committee:
1 Maple & Sharpe
2 Division & Gordon
3 Francis & Cincinnati
4 NW Blvd & Elm
5 Market & Lincoln
6 Trent & Byrd
7 Pines & Olive
8 Sprague & McCabe
9 Nevada & Lincoln
10 Trent & Freya
11 Sprague & Gillis
These billboards will be up through spring, supporting your work as a REALTOR® and highlighting the REALTOR® difference.
Maybe you could (safely) get a picture of yourself near one of these and post it on your social media channels - just sayin'!
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NAR has created a brochure to tell your clients about "The REALTOR® Advantage."
This brochure (pictured) was created with support from the That’s Who We R® campaign and helps support the messaging that whether buying or selling, REALTORS® bring value to the process.
The brochure was designed for you to provide to your clients to share who you are as a REALTOR® and what you stand for, with sections on:
- What it means to be a REALTOR®
- Asking your REALTOR® the right questions
- Honesty and Integrity, Insights and Expertise
- Plus, it highlights the value that REALTORS® bring to the home buying and selling process.
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Fully nominate someone (more than just a name, must include reasons) for a 2022 SAR REALTOR® Award and qualify for a drawing to receive complimentary MLS fees for one quarter!
Watch this two-minute video to learn more:
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2022 SAR REALTOR® Awards
Accepting Nominations Now!
Deadline: Friday, April 15
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Applications are now being accepted for all 2022 SAR REALTOR® Awards!
You and your REALTOR® colleagues will decide who will be our honorees for:
2022 REALTOR ® of the Year
Steve Flinn REALTOR ® Achievement
REALTOR ® Community Service
Affiliate of the Year
Partner of the Year
Spokane's Citizen of the Year
The deadline by which you must submit nominations to the SAR for them to be considered is Friday, April 15th.
The 2022 SAR REALTOR® Awards will be announced and presented on Thursday, May 19th, at the SAR's annual REALTOR® Awards Luncheon at Ruby River Hotel
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2022 SAR Legacy of Service Award
Deadline: April 15th
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Your SAR is now accepting nominations for its 2022 SAR Legacy of Service Award.
This award is created as a "Lifetime Achievement" award to honor those REALTOR® members who are respected in our profession by colleagues and serve our profession through various Association committees.
Additionally, this award honors those who spend the majority of their years as active REALTORS® mentoring newer members, helping to define regulations within our field, all the while giving back to the community.
Nominations are due Friday, April 15th.
The 2022 SAR Legacy of Service Award will be presented at the SAR Awards Luncheon on Thursday, May 19th.
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2022 Gary Fox Memorial Award
Deadline: April 15th
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Nominations are now being accepted for the 2022 Gary Fox Memorial Designated/Managing Broker Award.
This award recognizes a Designated Broker or Managing Broker who serves as an example of loyalty, ethical behavior, and leadership in the real estate profession.
Nominations are due Friday, April 15th.
The 2022 Gary Fox Memorial Designated/Managing Broker Award will be presented at the SAR Awards Luncheon on Thursday, May 19th.
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If you have clients hoping to purchase a home, but are struggling to save for a down payment, they're not alone. Access to down payment still remains the number one obstacle for home-buyers.
You, as a Spokane REALTOR®, can give your clients some good news - down payment help is available (for eligible buyers)!
Your new member benefit - Down Payment Resource - can help you determine whether you have clients who are eligible for down payment assistance and how that could apply to listings right here in Spokane!
Click on the button for a quick and easy questionnaire you can complete with your clients to learn right away if there is something out there for them.
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Spokane Association of REALTORS® rolls out Down Payment Resource to help subscribers connect homebuyers with down payment assistance.
DPR analysis finds that 70% of SAR MLS listings may be eligible for homebuyer assistance.
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“Spokane has become a hot market, so more buyers are looking for valuable information that will help them save on their home loan and down payment,” said 2022 SAR President Eric Etzel. “We are proud to provide DPR tools to our MLS subscribers so they can help families access the down payment help they need to start building wealth as homeowners.”
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Second Quarter MLS fees have been posted to the SAR member portal.
They are due by March 30th.
Please email Brenda at the SAR if you have a question about your fees or contact her by phone at 326-9222.
Thank you!
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WCR April Event:
Friday, April 8th / Noon to 4 p.m.
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Come join us at Prohibition Gastropub to hear top leaders in our industry discuss the relevant topic Landlord Tenant Laws & Early Possession.
We are so excited to bring you Dezda Finn - Broker/Owner at Dezda Finn Properties , Ken Sax - WA Designated Broker at Professional Realty Services & Tyson A. Carson, J.D. Attorney-at-law at Law Office of Tyson A. Carman, Esq as our panel speakers.
There will be heavy apps & great networking!
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New!
NAR Report Shows
Share of Millennial Home Buyers
Continues to Rise
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The share of millennial home buyers increased significantly over the past year.
They are also the most likely generation to use the internet to find the home they ultimately purchase and most likely to use a real estate agent.
This is according to the latest study from the National Association of Realtors®, the 2022 Home Buyer and Seller Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations.
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New!
4 Ways to Prep
for the Spring Real Estate Market
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First off, our title is a tad misleading.
Prepping for the spring “selling” season might actually be a thing of the past.
The demand for inventory combined with rising interest rates, means spring may have already spring (sorry Punxsutawney Phil!).
That means to stay competitive, you need to plan and prep for February and March, not April and May.
And to help you do that, RPR (Realtors Property Resource) is teeing up four ways for you to get going and get clients in 2022.
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Upcoming events from Realtor.com® Industry Relations for REALTOR® members
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These webinars are offered at several times on various dates to fit your busy schedule.
Click on any topic that interests you for details:
Successfully Leveraging Video
Dos and Don'ts of Social Media in Real Estate
Local Expert Best Practices
Achieve Omnipresence and Master Your Hyperlocal Market
Technology that Boosts Productivity and Saves Time
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Two months free TeleHealth
for new members!
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Special Limited-Time Offer |
For a limited time, REALTORS® Insurance Place, powered by SASid, is funding 2 months of this service for members who are new to Members TeleHealth.
The significantly reduced rate of $7 for access to the Members TeleHealth plan will be waived for a period of 60 days from your subscription date.
As an additional benefit, the prior activation fee has also been waived.
Must be a first-time Members TeleHealth subscriber.
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Save the Date
Washington REALTORS®
Spring Business Conference
April 20-22 at Suncadia in Cle Elum!
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Washington REALTORS® is excited to announce that the Board of Directors meeting, the Core Committee meetings, and several other events at The Washington REALTORS® Spring Business Conference WILL BE LIVE AND IN PERSON!
Mark your calendars to join us at the beautiful Suncadia Resort in Cle Elum from April 20-22, 2022.
You're not going to want to miss this event.
We'll be offering a fun - and long overdue - Opening Night Celebration & Dinner, an Awards Luncheon, Candidate Forum, and a Guest Speaker/Town Hall during the in-person event.
Come be part of the conversation, help shape your association, and have a little (or a lot of) fun while doing it!
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New!
Legal Hotline:
Should We Direct All Communications to the Transaction Coordinator?
with Washington REALTORS®
Legal Hotline Attorney
Annie Fitzsimmons
The Firm with which we have a cross-sale wants us to direct all correspondence to its Transaction Coordinator, who is not a part of the contract.
Should we refuse?
Washington REALTORS® Legal Hotline attorney, Annie Fitzsimmons, is back with a new video to discuss what to do in this scenario.
Think about your answer, then listen to hers.
The video runs about four minutes.
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April 11 & 12
Have you been to law school?
Probably not… yet you are expected to draft and use purchase agreements with the same expertise as a lawyer when preparing and using real estate forms to create contracts between buyers and sellers.
Complicating that task, you have over a hundred forms at your disposal through the statewide forms system and you must be able to navigate the forms and know which form to use when and how one form impacts another.
Enjoy Draft Like a Lawyer in person over two days in Kennewick, WA.
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Draft Like a Lawyer
Back Live and In-person!
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Featuring a curriculum that teaches drafting skills and integrated use of the most popular statewide forms, this class offers 16 clock hours to students as they learn about real estate forms and how to use them in their business.
Draft Like a Lawyer allows for students to catch up on high demand topics taught by the Legal Hotline Lawyer, Annie Fitzsimmons!
We highly recommend you attend both days, the curriculum is integrated together over two days and if you only attend one, you may get lost.
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REALTORS® know the importance of adapting and remaining relevant in today’s marketplace. By developing a business practice rooted in inclusion and equality, REALTORS® can help buyers of all cultural backgrounds achieve the dream of home-ownership. |
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FREE!
At Home with Diversity with
WR Past-president Margo Wheeler
April 14th & 15th 9-12 via Zoom
6.0 CE
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Fair Housing Month
Coming in April
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April is Fair Housing Month!
To celebrate, Washington REALTORS® would like to share real life stories from our members on Fair Housing wins you have been a part of, or Fair Housing challenges that you have had to negotiate.
Please share your story to be featured during Fair Housing Month.
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The National Association of REALTORS® has created an all-new poster (pictured) to commemorate Fair Housing in 2022.
It includes the text: "Let's Make Unfair Housing History," and reminds that "April is Fair Housing Month."
Get your copy online here - as a PDF - suitable for printing and posting in your office.
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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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NEXT WEEK!
Code of Ethics & Fair Housing
with Karene Loman
Tuesday 4/5 8:30am-5pm
This is our first scheduled hybrid class. You can sign up to take this class in-person at the SAR or you can zoom in for this full day class.
This class is required for all NEW Brokers.
7.5 clock hours
Why Ethics?
Professionalism means conducting yourself ethically and with integrity and competence.
It results in satisfied clients and customers.
It's good business!
You will gain knowledge of the REALTOR® Code of Ethics that will help you . . .
· Fulfill your essential responsibilities as a REALTOR®
· Enjoy a successful career based on the highest principles of your profession, and
· Develop appropriate responses and solutions to the most pressing dilemmas you will face as a REALTOR®.
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New!
Purchase & Sale with Sabrina Jones Schroeder
Tuesday 4/12 8:30am-5pm
You can sign up to take this class in-person at the SAR or you can zoom in for this full day class.
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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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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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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February 2022
Market Snapshot Report
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2022 Year-to-date
Market Snapshot Report
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February
Member Roster Update
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See the full member-exclusive Market Activity Report 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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