2020 Spring Governance Going Virtual
|
|
The 2020 OAR Spring Governance meetings are moving forward using virtual technology.
On April 8, 2020 all Key Committee meetings will be held via Zoom teleconferencing, see schedule below. On April 9, 2020 OAR will host the Finance Forum through a conference call and the Board of Directors meeting through Zoom.
OAR members are welcome to join the virtual meetings. Please see all details below or on the
OAR website
.
The
administrator will be muting all but the committee members and OAR staff liaison, as OAR will be following normal governance meeting protocols.
|
|
|
|
Professional Development Key Committee
4/8 8:30am
Diversity Committee
4/8 10:15am
GAKC/PAKC Joint Meeting
4/8 12-1:30pm
ORPAC Trustees
4/8 2-3:30
Closed Meeting
Business Issues Key Committee
4/8 2-3:30
Finance Forum
4/9 8:30am
Call Instructions:
Dial 1 (888) 466-9863
Enter Passcode: 7995740
Board of Directors
4/9 9:30am
|
|
Oregon Monthly Market Stats
|
|
Oregon Association of Realtors® is providing a state-wide market report and graphic for OAR members to share with their clients. Please visit
OAR website
to find the full report and more. The March report will be posted by April 10, 2020.
|
|
RPR Market Data Reports:
RPR Federal Economic Reports
|
|
Instant Showings for Buyers
|
Virtual showings are taking center stage for the industry. OAR has partnered with award-winning Kleard smart technology to bring members streamlined tools to conduct business. In May Kleard is launching a new product, Kleard Now, that allows buyers to enter a vacant home and self-tour. Inman recently did an article on the product,
read here
.
“This is a huge opportunity for buyers, sellers and agents,” said Jonathan Martis, CEO and co-founder of Kleard. “22 percent of homes sold in 2018 were vacant, while in some parts of the U.S., over 50 percent of homes sold were vacant.”
OAR members will have access to the new product in May. You currently have access to the open house safety and lead automation technology.
|
|
|
5 Home Remodeling Projects
with Best Returns
|
This is a great time to do some home remodeling projects. Many have extra time on their hands and need some inspiration. Here are five projects that can give your clients the best returns!
- New roof
- Hardwood floors
- Replace garage door
- Update insulation
- New siding
|
|
|
FREE CE Through April 18!
|
|
OAR members now have access to the entire library of archived webinars.
You Won’t Be Bored!
- Over 55 Archived Webinars
- 1-2 hour CE Credit courses FREE
- 3+ hour CE Credit Courses 50% Off
Variety of Relevant Topics Available!
- 2020 Forms Change
- Buckets of Money
- The Truth about Rent Control
- New Technologies for Homes
- Plus….More!
|
|
Oregon
Principal
Broker Academy
|
Are you a Principal Broker looking for professional development? Join the Principal Broker Academy. This new OAR program is receiving great reviews and already has 60 graduates! We have two sessions remaining in 2020!
Next upcoming session:
Only 5 seats remaining!
- Thursday, May 21, 2020 to Friday, May 22, 2020
14 CE hours
- Thursday, June 25, 2020 to Friday, June 26, 2020
14 CE hours
|
|
The Oregon Legislature will not convene for a special session to address the coronavirus outbreak, at least not yet. Over the past two weeks, as the 16-member
Joint Special Committee on Coronavirus Response
met in Salem to discuss the pandemic, the Committee worked quickly to formulate a list of
policy proposals
– their outline for what was thought to be an imminent special session. Since the Committee’s final meeting on March 24, OAR has been monitoring legislative announcements closely to keep members informed. On Tuesday evening, the Oregonian published an
article
saying the Governor may wait until mid-May (after the next state revenue forecast) to convene a special session.
|
|
Oregon's Eviction Moratoriums
|
The evictions of tenants from homes with federally-backed mortgages was temporarily halted by last Friday’s signing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The state of Oregon and several local jurisdictions have passed additional laws to keep affected renters in their homes during the crisis. Portland and Multnomah County’s
moratorium
allows tenants who have suffered a substantial loss of income due to the outbreak to defer rent payments until after the county-declared state of emergency is lifted. Tenants must inform their landlords of their inability to pay due to COVID-19 on or before the day rent is due.
Read full article.
|
|
Senate Passes $2 Trillion Aid to Include Independent Contractors
|
|
Last week, Congress passed a $2 trillion COVID-19 economic relief package which includes coverage for independent contractors and those living on a commission-based income. Under the bill, Realtors® and brokerages may be eligible for no interest or forgivable loans and unemployment insurance that could provide benefits for up to 39 weeks.
|
|
OAR's Guide for Navigating COVID-19
|
As we are in the midst of changing actions by Federal, State, and local governments with their responses to the COVID-19 pandemic, OAR is sharing information to help you and your clients navigate the impacts on the real estate industry. OAR will continue to provide relevant updates over the next several weeks.
|
|
|
|
|
Realtors® Partner with Census Bureau
|
NAR is partnering with the Census Bureau for the 2020 Census. The Bureau is seeking to enlist the support of various national organizations. NAR is asking the 1.4 million Realtors® nationwide to help drive Census participation in their respective communities.
|
|
Question:
If I am representing the buyer and we receive a Seller’s Property Disclosure Statement (SPDS) that contains errors and omissions, should I advise the buyer not to sign the SPDS until those items have been corrected? Does the 5 day review and acceptance time frame start when the SPDS was received from the listing broker/seller even if the SPDS wasn’t fully completed or is missing information? Does the time frame start when the buyer receives the completed/corrected SPDS?
Answer:
None of the above. There really is nothing that “requires” a seller give the SPDS to the buyer. They either do or don’t as they see fit. If they do give the buyer the SPDS, the 5 days runs from the delivery of the statement. If they don’t, the buyer can withdraw from the transaction at anytime prior to closing. That’s it. That’s the whole thing! There is nothing about “completing” or “amending” or “correcting” or anything like that. Since the revocation period is triggered by the seller’s delivery of the statement, not the buyer signature acknowledging delivery, not signing has no legal effect. If your client doesn’t think what they got was sufficient, they can revoke their offer. That’s the safest course. The buyer could also say they don’t consider the seller to have complied and believe they have the right to withdraw all the way to closing, but that is a statement of legal consequence that is uncertain. It is uncertain because we don’t know how a court would rule in such a situation. We know the buyer can revoke if they don’t like what they get, but beyond that no one really knows.
The buyer has no independent right to force the seller to fill out the statement in a particular manner. The seller may want to complete the disclosure to keep the buyer from revoking, or they may believe they have done enough to to meet the statute, none of which changes anything as far as the buyer’s statutory right to revoke within five days of delivery of the SPDS. The best approach, if it is what your buyer’s want, would be to tell the seller to get you a completed disclosure or you’re client my feel they have to revoke to protect themselves from the uncertainty the seller has created. If the seller wants the deal, they will comply. If the seller doesn’t comply and your buyer wants the deal anyway, they won’t revoke. It’s just business, which still mostly depends on who wants what more. Caution your client that the safest course is to revoke if the seller won’t fully disclose. Document their decision. As always, don’t play lawyer yourself. Recommend a lawyer if this can’t be resolved between the buyer and the seller.
|
|
In our new Risk Management video series, The Legal Brief, OAR CEO, Jenny Pakula, reviews the importance of the Buyer's Advisory and why it's such a useful tool for Brokers and their clients. Please see the video below or on the
OAR Youtube c
hannel. More episodes coming soon!
|
|
Legal Hotline Subscription
|
|
Looking for legal guidance? Sign up today for the Legal Hotline.
The cost for a one-year Legal Hotline subscription is $125 per individual/ prorated per calendar year.
The Legal Hotline is open Monday – Friday, 9:00 a.m. to 12:00 p.m. for calls and 8:00 a.m. to 5:00 p.m. for emails (except on holidays and during NAR and OAR conventions).
|
|
|
Member Feature: Laurie Thiel
|
Laurie Thiel is President and Principal Broker with RE/MAX Equity Group in Beaverton. Laurie has been in the real estate business for over 27 years.
"I was looking for a career that I could do anywhere, be in control of my destiny and do while raising a family." After being inspired by her mother-in-law, "who worked real estate in Newberg, OR" as well as "having the desire to work with people," real estate seemed the most ideal career path.
Laurie serves as a State Director, and has participated in the Principal Broker Forums. She was part of a work group for the Principal Broker Academy, and also serves on the Business Issues Committee this year. Laurie has earned the GRI designation and recently completed the OAR Leadership Academy.
She is serving as Chair of the Taste of Oregon committee for 2020.
Her advice to those just starting out, "Get your GRI designation. Create a plan, continually update your plan and work the plan. Work hard, be nice and have fun!"
Outside of real estate, Laurie loves to spend time with her family: her husband of 30 years in November, and 2 daughters. She also likes to be crafty: replicating her daughters dance team costume for 25 teddy bears. She is also one of the founders of the Sherwood Cruiser’s Car Club attending events and car shows.
On her bucket list? Laurie would love to tour Italy, take a glass blowing class, buy a beach front home on the Oregon coast. Here's to enjoying that seaside view!
|
|
"Get your GRI designation. Create a plan, continually update your plan and work the plan. Work hard, be nice and have fun!"
Laurie Thiel,
President, Principal Broker
RE/MAX - Equity Group
|
|
Oregon Leadership Academy Graduate Program
APPLICATION DEADLINE EXTENDED!
|
|
Join OAR for an exciting new program exclusive for Oregon Leadership Academy Graduates. The OLA Graduate Program draws on adventure based learning techniques and highlights courage as the most important leadership and business virtue.
Key Takeaways:
- Bolder Leadership
- Better Team Building
- Higher Morale
- Smarter Risk-Taking
- Renewed Sense of Purpose
- Greater Momentum Toward Shared Vision
Apply online today! Applications due May 1, 2020.
|
|
|
Volunteer for an OAR Committee
|
|
Committee assignments are made every year in early September by the President and President-Elect with the input of senior staff. At least 1/3 of the existing members of key committees shall be reappointed in each successive year.
If you are currently serving on an OAR Committee, you will receive an informational email by April 10, 2020.
|
|
|
GOLF TOURNAMENT TICKETS ON SALE!
|
|
Please join us at Langdon Farms Golf Club in Aurora for the 2020 Driving it HOME Golf Tournament.
July 16, 2020
Registration opens 10:45 a.m.
Shotgun start 12:45 p.m.
Enjoy an afternoon of golf and networking with your colleagues and industry professionals, all while raising funds to support the OAR HOME Foundation.
Meet with our sponsors at each of the 18 holes and purchase raffle tickets for a chance to win their prizes.
|
|
|
|
13th Annual Taste of Oregon
"The Roaring 2020's"
Join us for the 13th Annual Taste of Oregon at Castaway in Portland on Thursday, September 10, 2020 from 6pm-9pm.
Enjoy fine food and drinks, all to raise money for the HOME Foundation, supporting affordable housing in Oregon.
|
|
SAVE THE DATE
2020 FALL CONVENTION
|
|
|
|
OAR FALL CONVENTION
September 22-25, 2020
Sunriver, OR
Come join us for:
- OAR Key Committee Meetings
- Bi-Annual Board of Directors Meeting
- CE offerings including OREF forms panel, fair housing policy, legislative update and much more!
- 2020 Distinguished Service Award Luncheon
- 2021 OAR Presidential Installation Dinner
- HOME Foundation Dessert Auction
Don't miss the highly engaging keynote address with
Rashmi Airan.
Key takeaways:
- Learn the principles of ethical leadership
- Create a corporate culture of integrity and courage
- Create an active commitment to ethical decision-making
- Create the safe space for vulnerable conversations at home and work
|
|
REGISTRATION OPENS MAY 1st.
$185-$255/ night plus tax and fees
|
|
|
|
Register For 2020 TechXspo
|
Are you ready to exceed the expectations of today’s tech-savvy consumer? Real estate professionals will leave with the tech tools necessary to provide exceptional service, communicate more effectively, and conduct business while on the go.
Date: October 5, 2020
Sessions: 9AM-4:30PM
Cost: $89 per person*
CE Hours: 7.5
Location: Oregon State Bar
16037 SW Upper Boones Ferry Rd, Tigard, OR 97224
*No Refunds
|
|
Oregon Association of REALTORS
®
2110 Mission Street SE, #230 Salem, OR 97302
|
|
|
|
|
|
|
