The Spokane Association of REALTORS®: ENGAGES its members, ENCOURAGES professional excellence and cooperation, ADVOCATES for real property rights, and PROMOTES strong, sustainable communities.

Daylight Savings Time ends this weekend. Remember to set your clocks back one hour before you go to bed Saturday night.

Weekly Notices November 4, 2022

Right Now! The Spokane Association of REALTORS® Grateful for RPAC Silent Auction is now OPEN! View items and start bidding here:

Assure that you are ready to bid by inputting your payment card information on GiveSmart. On the homepage, press “My Info,” then press “Add Card on File.” Input your card information and you will be all set to start bidding!   You can browse all items on the auction site and press the star under the items you plan to bid on to "watch" the bid activity. Once you start bidding, you will receive text messages (unless you have turned that setting off) regarding bidding activities on items that you have bid on. Bidding on the Online Silent Auction ends at 6 pm on Saturday, November 5, 2022. Live Auction items can be previewed on the site and are marked as Live Items. These items will only be open for bids at the event on Saturday (see below). 

Tomorrow (Saturday)!

You are cheerfully invited to participate in our first post-pandemic RPAC event on Saturday, November 5th, beginning at 5 p.m. - an auction and evening of fundraising. Come learn about RPAC, find out what RPAC has done for you, and what you can do for your RPAC. Our venue is a new-construction house with all the comforts of a modern home. It's a perfect example of what unites us as local residents, independent business owners, and REALTORS®. This is why we're grateful for RPAC. Join us for an evening of food, celebration, and of course the live auction! Saturday, November 5th | 5-7 PM 2643 South Fairmont Estates Drive, Spokane Valley, WA

Click on the image above to open the flyer as a PDF document.

Deadline to fill out ballots is Wednesday, November 16th 4:30 p.m. The SAR has created a Candidate Information Page for each candidate.   Click here to see the Candidate Information Page ahead of time to help you make your ballot decisions.

Your SAR Nominating Committee is pleased to announce its final slate of candidates for 2023 SAR leadership:    PRESIDENT-ELECT Elizabeth Beatty, Coldwell Banker Tomlinson V            SECRETARY Abbey Parsons, Coldwell Banker Tomlinson V   DIRECTORS Julie Dean, Coldwell Banker Tomlinson S Dezda Finn, Dezda Finn Properties, LLC Doug Hagood, Hagood Real Estate and Mortgage Mary Marr, Windermere Manito Keri McCombs, RE/MAX of Spokane Lee McIntyre, 4 Degrees Real Estate Heather Schelling, Haven Real Estate Group      Voting for this ballot began on Monday, October 31st.   You have been sent an email invitation to vote, which includes a link to your electronic ballot. ALL VOTING WILL BE DONE ELECTRONICALLY!   Deadline to fill out ballots will be Wednesday, November 16th, 4:30 p.m.

2022 General Election SAR Endorsed Candidates Members of your association Governmental Affairs Committee have interviewed all of the candidates for major office on this year's local ballot and endorsed those most favorable to home ownership, private property rights, and REALTOR® industry protections. We encourage you to consider first these candidates as you make your decisions. SAR Endorsed Candidates. WR Endorsed Candidates. Not registered? There is still time to register to vote online here.

Annual Membership Meeting and two great classes with our WR Legal Hotline Attorney Annie Fitzsimmons!   Thursday, November 17th 8:30 a.m. to 5:00 p.m. CenterPlace Regional Event Center When you register for Don’t get Whacked, you will automatically be registered for the second class of the day. SAR members may register here: SAR Member Registration Non-SAR members are welcome! The event location is just off I-90 at the Sullivan Road exit; near many hotels, restaurants, and the Spokane Valley Mall. Join us! Non-SAR Member Registration. Just want to attend the annual meeting with lunch? Here is your link to register: Annual meeting and lunch only.

“Don’t Get Whacked by the WACs” (3.5 clock hours) 8:30am-Noon (check-in starts @ 8am). Brokers should learn from recent DOL disciplinary trends and that inattention to detail is often a violation of law and the basis for license suspension. Brokers will be advised of current DOL trends and reminded of the importance to adhere to state laws and regulation. Annual Membership Meeting & Lunch Noon - 1:30pm “Wow...What Just Happened?” (3.5 clock hours) 1:30pm-5:00pm Holy smokes! Did you get the license plate off that bus? Sometimes that is the way this industry feels. In the last several years, issues of huge significance have rocked the peaceful foundation of our industry and created turbulence out of what many of us knew, for decades, to be still waters. This class examines the most weighty and significant issues of the last 12 months and places them in perspective. How do those issues affect brokers in their day-to-day sales? What can brokers do to avoid problems created by recent statutory case law? Sometimes, understanding the underpinnings of a problem can make the solution more manageable. This class studies current issues and problems and reveals the most effective solutions and strategies in easy-to-understand language.

Bylaws Vote - Thursday, November 17th The Board of Directors of the Association is submitting to the membership at the November 17th Annual Membership meeting proposed Bylaw changes.

Redline versions of the summary of the proposed Bylaw amendments as well as a full redlined copy of the proposed Bylaws are attached below for your review.Get the Fullopy Here. Get the Summary Here. Get the Full Copy Here. Annual Membership Meeting Thursday, November 17, 2022 CenterPlace Regional Event Center 2426 N. Discovery Place Drive Spokane Valley

2023 SAR Leadership Opportunities DEADLINE: Thursday, December 15th! Your association runs on volunteer power. Here's your chance to plug in and make a difference!    2023 SAR President Tom Hormel invites you to join him in volunteering to lead our association in the new year.   If you'd like to talk with Tom before you decide how you'd like to volunteer, call him at: (509) 879-1128 or email him at [email protected] Here are just some of the volunteer opportunities where you can help get the work done:     Budget & Finance  Communication Diversity-Equity-Inclusion Food Drive Forms Golf Governmental Affairs Grievance Luau on the Bluff Membership Oktoberfest Party & Auction Professional Development   SOS (Serving Our Spokane) Special Events Technology Third Grade Essay/Poster Contest   Submit your application by Thursday, December 15th! PDF application. Online application.

Next week! Tax Reduction Strategies for the Real Estate Professional (Virtual Program) with Kari Hagensmith with Bradford Tax Solutions. Monday – November 7, 2022 10:00 a.m. - 11:00 a.m.   Starts Promptly at 10:00 a.m.! Register.

Keep More of Your Income in 2022! In this 60-minute interactive ZOOM seminar you will learn:   HOW to take advantage of last-minute tax deductions before the end of the year!  HOW to POWER BOOST Your NEW 2022 deductions: Best business practices to optimize tax benefits and understand your elite status as a taxpayer. Why your accountant can’t "just take" these deductions for you. HOW TO bullet-proof your deductions: simple and safe time-saving techniques for precise tax records that will hold up in an IRS audit. HOW TO deduct your Home Office...simplified, made safe, and expanded to multiple deductions! Learn the rules to INCREASE this deduction! WHY you may want to buy a new or pre-owned car sooner than you think...the great new "makeover" of the CAR DEDUCTION rules you will want to take advantage of!  THE New...and Improved...food and beverage deductions for real estate professionals that you probably don't know about.    After this seminar, you'll have what you need to bring to your tax accountant, so you can keep more of your income this year and beyond! Busy? The short time you invest in this seminar will translate immediately to money, your money!

Next week! Wednesday 11/9 Noon-1pm This lunch and learn is free to attend. Join Cody Kerr with American Home Appraisals for an hour.

Hot topics that will be discussed, you won't want to miss out on:   Selecting comparables. What's a good comp? Credibility... what is it? Appraisal concepts for agents How to read an appraisal Appraiser myths Appraiser obligation 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.   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. Register for in-person class. Register for on-line class.

Washington State Commercial Association of REALTORS® Commercial Real Estate Education Day Next week - in Spokane! Thursday, November 10th 9:30 a.m. to 4:00 p.m. DoubleTree by Hilton Spokane City Center

The only WSCAR Education Day in Washington this year! ·   9:00 a.m.: Registration Opens   ·   9:30 a.m. - 12:30 p.m.: Commercial CORE – Chris Osborn | Partner, Stoel Rives  ·   12:30 - 1 p.m.: Lunch   ·   1 - 2 p.m.: Economic Update – Steve Scranton, CFA | Senior Vice President, Chief Investment Officer & Economist, Washington Trust Bank   ·   2 - 3 p.m.: The Economic Impact of the North Bank Sports Complex – Ashley Blake | Vice President, Spokane Sports   ·   3 - 4:00 p.m.: Industrial Projects in Washington State, and National Comparisons – Donnie Belk | Senior Development Manager, Panattoni   4 - 6:00 p.m.: Happy Hour Sponsored by Panattoni Register.

Major Medical Open Enrollment began this week - November 1st. The annual Open Enrollment Period is a set window of time when you can enroll in various major medical health insurance plans or ACA-compliant health insurance plans. During this time, not only can you sign up for health insurance, you can also make adjustments to your current plan, or even cancel your plan. Do it now.

Next week! NAR NXT - The REALTOR® Experience November 11-13, Orlando, FL NAR’s flagship event, REALTORS® Conference & Expo, has been re-imagined, retooled, and reinvented to better meet your needs, bring more value, and exceed expectations. Join us at the all-new NAR NXT, The REALTOR® Experience, to explore what’s new and what’s NXT, as you exchange ideas and info, experiment with cutting-edge innovations, and get insights from top experts. It’s a can’t miss experience designed to help you expand your mind, business, and dreams and put you on a path to exponential growth! Learn more and register.

Bring on the Positive Vibes Persistent inflation. The end of ultralow market rates. High-profile layoffs by large real estate companies. Is it any wonder some agents are on edge? Brokers and coaches say they’re helping agents combat uncertainty and fear with a combination of historical perspective, training and facts. “When you feel that moment of fear, remember that’s how others feel, too,” says Jared James, founder and CEO of Jared James Enterprises, a coaching and training company. “This is literally the moment where you get ahead of them, because you did it when they wouldn’t.” The “it” James refers to is taking the actions necessary to generate business. That starts with separating fact from fiction. Read the article.

When it comes to real estate technology, Realtors® said that eSignature, lockbox, and apps and technology from their local multiple listing service were the most impactful tools for their businesses this past year. These findings appear in the 2022 Technology Survey from the National Association of Realtors®. The survey examined NAR members' current tech usage and attitudes about the future of real estate technology. Respondents said that during the past 12 months, eSignature (79%), lockbox (67%), and local MLS apps and technology (67%) were very impactful tools used in their businesses.  When asked to predict which emerging technology tools will be very impactful over the next two years, members stated they believe that cyber security (31%), 5G (30%) and drones (27%) will have the most significant impact. Get the report.

Window to the Law: Reduce the Risk of Misrepresentation Claims Misrepresentation of a property’s condition is consistently among the top claims against real estate professionals. To reduce the risk of a costly misrepresentation claim, it’s essential to be familiar with applicable property disclosure laws.

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. TransactionDesk Class with Eric Johnson   Monday, 11/21 1:00-4:00   3.0 clock hours In-person at the SAR   Eric Johnson will be teaching his TransactionDesk on Basic Sale/Listing Creation.   You won't want to miss this class!   You'll learn all you need to know about the TransactionDesk.   Here are some of the highlights he'll cover in class: Introduction to key features and how to become a paperless office, System Navigation, Settings & Templates, Creating a Sale Transaction, Uploading Signed Documents, Creating an Authentisign Electronic Signing, Archiving Transactions and Receiving & Counter offering an offer. Register for in-person class. What Else do we Need… PSA Addenda with Sabrina Jones-Schroeder   Tuesday 11/15   9:00-4:00pm 6.0 clock hours     You can sign up to take this class in-person at the SAR or you can zoom in for this full day class.   This course focuses on the addenda which might be added to a Purchase & Sale Agreement - the foundation of the transaction between the buyers and sellers of real estate. Understand the importance of using our local forms including the Spokane Addendum & the Spokane Buyer Representation Agreement. Plus, much more. Register for in-person class. Register for on-line class. Purchase & Sale with Sabrina Jones Schroeder    Tuesday, 11/22 8:30-5:00   7.5 clock hours   You can sign up to take this class in-person at the SAR or you can zoom in.   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. Register for in-person class. Register for on-line class. Code of Ethics - Our Promise to Professionalism with Karene Loman     Tuesday, 11/29 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. Remember, you must take a Code of Ethics class once between January 1, 2022 and December 31, 2024. This class meets those requirements.   This class will include the following objectives: Heighten awareness of the key tenets of the Code of Ethics. Appreciation for the role the Code can and should play in professional lives. Enhances professionalism and competency. Encourages REALTORS® to view their Code of Ethics as a living, viable guide in their daily dealings with clients, customers, and the public Register for in-person class. Register for on-line class. 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.

Current Market and Membership Information from your Association:

September 2022 Home Sales Report

September 2022 Year-to-Date Home Sales Report

October 2022 Member Roster Update

See the Members-only market information online here.

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! Read it.

SAR and Community Calendars:

Spokane Association of REALTORS® Calendar Washington REALTORS® Calendar Spokane Diversity Calendar - November Visit Spokane Calendar The Spokesman-Review Calendar Inlander Calendar

2022 Leadership Directory 2022 Organizational Chart Mission/Vision/Values 2022 Strategic Plan

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