Weekly Notices
December 10, 2021
NEW!

Realtor.com® Forecasts the
Top Housing Markets of 2022

Salt Lake City, Utah; Boise, Idaho and Spokane, Wash. are anticipated to see the highest home price appreciation and sales growth in 2022
Driven by strong local economies, tech sector job growth and relative affordability, Realtor.com® forecasts its Top Housing Markets of 2022 will lead the nation in listing price appreciation and home sales growth next year.

Concentrated in the Mountain West, Midwest and New England, this year's top 10 in rank order are: Salt Lake City, Utah, Boise, Idaho, Spokane, Wash., Indianapolis, Ind., Columbus, Ohio, Providence, R.I., Greenville, S.C., Seattle, Wash., Worcester, Mass. and Tampa, Fla. 

Based on the 2022 Realtor.com® local housing forecast, the areas on this list are expected to see the strongest combined growth in home sales and listing prices among the 100 largest U.S. metros.

In fact, home sales across the top 10 markets are forecasted to grow by 11.6% year-over-year in 2022, which is nearly two-times the national home sales growth projection (6.6%).

Additionally, average home prices in the top 10 are expected to increase 7.4% – more than double the national pace (+2.9%).
Here are links to local news coverage on this:
The Spokesman-Review
KREM-TV
KXLY-TV
COMING MONDAY!

The SAR Governental Affairs Committee shares word that the the Counselors of Real Estate will release its study Action Steps to Increase Spokane’s Housing Supply this coming week:

Monday, December 13th, at 11:00 a.m.

Over 30 local housing leaders, builders, developers, policy makers and elected officials in the Spokane region took part in the study.
Action Steps to Increase Spokane's Housing Supply
The study reports “It is obvious from our findings that Spokane has a substantial housing shortage problem,” in making their assessment which identifies the “missing middle” housing problem in the Spokane region, and offers a series of solutions based on success stories from across the country. The Counselors of Real Estate will present their findings in a public Q and A session.



Join us live on Zoom and be among the first to hear what the Counselors of Real Estate have to say:
Topic: Counselors of Real Estate Release
Time: Dec 13, 2021 11:00 AM Pacific Time (US and Canada)
Join Zoom Meeting:
Meeting ID: 889 6788 3620
Passcode: 540678
2022 SAR Leadership Voting
Open Now!
 
Voting for your 2022 SAR Leadership is easy.
 
If you haven't voted already, you may do so right from the MLS Dashboard - look for a VOTE icon like the one pictured here:
You may complete your online ballot between now and Wednesday, December 15th at 4:30 p.m.  
 
We are honored to have such great candidates for the 2022 SAR Elections.
NEXT WEEK - Deadline to Vote
Wednesday, December 15th
4:30 p.m.
The SAR has created a Candidate Information Page for each candidate and made it available online for the positions of President-Elect, Treasurer, Secretary and five (5) Director positions.
To vote, you may log in to your MLS Dashboard (pictured) and choose the SAR Voting icon to be automatically logged in - or - click on the button below:
The members of your 2022 SAR leadership team will be announced at the Association's Holiday Gathering and Annual Membership Meeting on Thursday, December 16th at Center Place Event Center, 9:30 a.m.
2022 SAR Dues Due
Your 2022 SAR annual dues are due January 1st, 2022.

You should have received an email regarding this.   
 
If you did not receive this email, please call the SAR at 326-9222 or continue with the online payment process here. 
 
To pay your 2022 SAR annual dues online, click on the graphic below, which will bring up the login screen for the SAR member portal:  
Once online, use the Review and Pay Balance section to make your payment online.   
 
Alternately, you may retrieve an invoice while online to pay by mail send to 1924 North Ash Street, Spokane WA 99205.
 
Thank you for your continuing membership in your SAR!  
2022 First Quarter MLS Fees Due
1st Quarter MLS Fees for 2022 have been invoiced and posted to the SAR Member Portal.  
 
Payment must be received on or before December 30, 2021.
To pay your 1st Quarter MLS Fees online, click on the button above, or go to the MLS Dashboard and click on the SAR Payments icon.  
 
When paying online, please do not combine your Annual SAR Dues with your Quarterly MLS Fees.  
 
These must be paid separately.
2022 SAR Leadership Installation and Member Luncheon

Thursday, January 6th

RSVP Deadline:
Wednesday, December 22nd
Meet your association of leaders and hear your president’s 2022 message (2022 SAR President Eric Etzel pictured)!
 
Where:
Double Tree City Center 
322 N Spokane Falls Blvd
 
Time:   
Noon – 2pm
 
Cost:    
$40
 
Complimentary self-parking available.
 
ALL MEMBERS WELCOME!


No actual ticket required – check in at the door.
 
Reserved/group seating available - email names to [email protected].

Please inform us of any special dietary requests - we'll be happy to accommodate you.
 
Please Join Us!
REALTOR® Code of Ethics
Are you ready for next year?


All REALTORS® are required to complete ethics training within three-year cycles. The current cycle ends December 31 this year.

499 SAR members have yet to complete NAR-required Code of Ethics training in this cycle.

If you remain out of compliance at the end of the year, your REALTOR® membership and MLS access will be turned off.
UPCOMING LIVE
CODE OF ETHICS TRAINING
LIVE WEBINAR FORMAT | 3.0 CE

Multiple Dates Available - View Calendar and Search by "Code of Ethics" to view all COE class dates.

The CODE is what sets REALTORS® apart!

Check it out here:
Join us for “Homesnap Showings”
a live interactive webinar:

Wednesday, December 15th
2:30 PM – 3:30 PM
Come learn about
this brand-new feature!
Homesnap Showings is a modern showing management tool that is built into the existing Homesnap Pro platform and available across desktop, mobile web, iOS, and Android.

Built for the Productive Agent. Homesnap Showings allows Brokers and Agents to seamlessly schedule and manage showings with clients.

In this webinar we will walk through the Homesnap Showings tool covering the both the Listing and Buyer's agent experience.
I am here to report that your clients, who are selling real property, don't have to worry about the new state capital gains tax.

Last session, Washington REALTORS® worked tirelessly to make sure that the sale of real property was exempted from the new state capital gains tax.

So, make sure to let your clients know that property has become an even better investment now that it is exempt from that state capital gains tax.

Nathan Gorton, Government Affairs Director
Washington REALTORS®
NEW!

Legislative Update
Join us for the latest update in our legislative efforts with Nathan Gorton (WR's Government Affairs Director).

In today's update, Nathan discusses the Capitol Gains Tax, Housing Inventory, and the upcoming event: Legislative Days (January 18 - 20).

The video runs three minutes.
NEW!

Now Upgraded
to high-resolution files!
Larger, clearer images!
Online now!

By member request, your SAR Communications Committee has arranged for larger, clearer high-resolution image files for the SAR Member Photo Archive.

The first generation files are perfect for digital and online use, but some members tell us they prefer to use these images in print pieces where more robust files are necessary.

Our Member Photo Archive holds 20 images taken from across the Spokane area by Nick Brommer Photography (sample at left).

Our perpetual license allows you, as a member, to use these images however you choose in your real estate business - please don't share these with non-members or use them outside of your real estate business.
NEW!

Part 3:
Stuff you have to do,
so you might as well know
how to do it well.

Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons and Spokane REALTOR®/Instructor Sabrina Jones-Schroeder JD, have been working on a seven-part video series on real estate issues regulated by the DOL.
In part two, Annie and Sabrina talk about Transaction Folders and all the important things you'll need to include to avoid any pitfalls… some recommendations might even surprise you.

See the all-new 16-minute video online here:
SAR Blood Drive
Tuesday, December 28th
Join your SAR colleagues in donating blood at the North Vitalant Donation Center on Tuesday, December 28th, from 1:00 p.m. to 4:00 p.m.

Donations times are scheduled so you don't have to wait in line.

Choose your most convenient time and schedule your donation now.

Because of you, like doesn't stop.
Planning Commission Vacancies
The City of Spokane Valley is seeking individuals to serve on the city's Planning Commission

The Commission studies and makes recommendations to the City Council for future planned growth as directed by the City Council.
 
Qualifications include having an interest in planning, land use, transportation, capital infrastructure, and building and landscape design as evidenced by training, experience, or interest in the City of Spokane Valley.
 
Members are selected without respect to political affiliations and serve without compensation. Members must reside within the city limits of Spokane Valley.

Applications should be submitted to the City Clerk by 4 p.m. Monday, December 20, 2021.
20% Off Select Products
in the REALTOR® Store!
Have you heard?

Your REALTOR® Store is offering 20% off select products during its end-of-the-year 2021 Winter Sale.  

Get a strong start in 2022 with important resources from the REALTOR® Store, including social media, Fair Housing, advocacy, and broker management resources.

Enjoy exclusive pricing on products designed just for your needs.

Shop today for additional member discounts available until December 15.
Includes great team-building gifts like Safety Rules to Live By for REALTORS® - now 20% off!
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.
  Code of Ethics cycle ends
December 31, 2021
 

Your Code of Ethics status will appear in the top-left corner on your home screen if you've completed the class.

You can also check your Code of Ethics status on the NAR website: https://www.nar.realtor/my-account?tab=term-My-Education
 

All brokers must take this class once every three years. 
 
We're currently in the cycle 1/1/2019-12/31/2021

Please note for new agents, completing your first two-year renewal, you must first take the 7.5-hour Code of Ethics and Fair Housing class, within 3 months of joining the SAR, and then you will be eligible for ethics training of not less than three hours of instructional time during the next two-year cycle. 
 
The NAR Code of Ethics Class offered at the SAR is a 3.5-hour class called "Code of Ethics for Real Estate Professionals". 
 
Your membership will be suspended, until the class is completed, if this requirement is not met.
 
Please call Tami at 326-9222 with any questions.
NEW - 2022 Classes!

Code of Ethics -
Our Promise to Professionalism with Karene Loman  
 
(Zoom class) 
 
Tuesday, Jan. 4th
9:00 a.m. - 12:30 p.m. 
3.5 clock hours
 
This half-day Ethics class is for those that are past their first license renewal. 
 
Remember, you must take a Code of Ethics class once between January 1, 2022 and December 31, 2024
 
This class meets those requirements.
 
New members must first take a 7.5 hour Code of Ethics class before taking this 3.5 hr class.
Code of Ethics -
Our Promise to Professionalism with Mike Crowley
(Zoom class) 
 
Monday, Jan. 10th 
1 p.m. - 4:30 p.m. 
3.5 clock hours
 
This half-day Ethics class is for those that are past their first license renewal. 
 
Remember, you must take a Code of Ethics class once between January 1, 2022 and December 31, 2024
This class meets those requirements.
 
New members must first take a 7.5 hour Code of Ethics class before taking this 3.5 hr class.
Purchase & Sale with Sabrina Jones Schroeder 
 
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!
 
Two day Zoom class - both days required
 
Tuesday, Jan. 11th 
8:30 a.m. - 12:30 p.m.
- and -  
Thursday, Jan. 13th            
8:30 a.m. - Noon
 
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.
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.
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!
Current Market and Membership Information from your Association:
NEW!
November 2021
Market Snapshot Report
NEW!
Year-to-date
Market Snapshot Report
NEW!
November
Member Roster Update
See the full member-exclusive Market Activity Report online here.
SAR and Community Calendars: