Home Price Strikes Record High
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NEW!
Buyers looking for a home in the Spokane area could be paying nearly 30% more than last year.
Spokane County's median home price soared to another record-breaking high in June, hitting $380,000.
The median closing price last month was 28.8% greater than the $295,000 median in June 2020, according to the Spokane Association of Realtors.
Spokane's housing market reflects what is occurring across the country, as homebuyer demand continues to outpace the supply of homes on the market.
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Spokane: "Highest Bidding-war Rate"
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NEW!
Remote workers and out-of-area buyers have been fleeing larger metro areas to what they consider more affordable cities like Spokane and that has fueled fierce bidding wars.
Spokane's real estate market had the highest bidding war rate of 50 metro areas nationwide in May, according to a Redfin analysis released last month.
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Sign the letter!
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Tell Spokane city leaders
to allow more homes...now!"
SIGN THE LETTER
by July 26th!
Tell the City of Spokane to allow more homes...now!
For more than a decade, Spokane has failed to build enough homes to meet the demands of our growing community.
As a result, housing prices are increasing at a never-before-seen pace.
On July 26th, the Spokane City Council will vote on its Housing Action Plan - one we believe is based on out-of-date housing information and will NOT adequately address the severe housing shortage we now face.
Sign the letter. Tell our city leaders their Spokane Housing Action Plan fails to address our immediate housing crisis.
Ask your clients and business associates to sign the letter, too! Forward this link so they may be included in our Call for Action:
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Seller Doesn't Want Escalation Addendum
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NEW!
Buyer makes an offer with an escalation addendum and seller responds that they don't want an escalation addendum.
The question Annie received is, "Doesn't seller have to disclose that they don't want an escalation addendum up front?"
Lawyer Annie Fitzsimmons discusses.
Watch Annie's newest video online here - it runs about five minutes:
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Legal Hotline:
Seller Doesn't Want Escalation Addendum
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C2EX
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Commitment to Excellence empowers you to enhance and showcase your high level of professionalism.
It gives you an advantage in our highly competitive market and shows consumers you're committed to conducting business at the highest standard.
Download the poster (pictured above) online here.
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Supra Training Resource Page
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Supra - our lockbox vendor - offers an online resource page brim-full of tips, videos, training sessions, and information to help keep you and your business humming along.
Check it out now, then save the link for future reference.
It's like keeping a Supra tutor in your computer.
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SAR Professional Development
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SAR 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.
REALTORS® Code of Ethics that will help you . . .
Code of Ethics cycle ends
December 31, 2021
Check your Code of Ethics status online now:
Click on the GO button below - your Code of Ethics status will appear in the top-left corner on your home screen if you've completed the class.
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!
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, July 27th
8:30 a.m. - 12:30 p.m.
- and -
Thursday, July 29th
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.
NEW!
What Else do we need.. PSA Addenda with Sabrina Jones-Schroeder Tuesday, August 3rd - 9 a.m. to noon - and - Thursday, August 5th - 9 a.m. to noon 6.0 clock hours THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED! Two day Zoom class - both days required. 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.
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SAR CALENDAR
Click on the image below to see
the current SAR calendar showing dates and times
of classes, committees, and events.
Other regional calendars:
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COE Class and SAR Awards Luncheon
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NEW!
Thursday, August 19th
Join your friends and colleagues
for the SAR's Education Excellence featuring the Code of Ethics class
followed by the SAR Awards
and Quarterly Membership Meeting
Thursday, August 19th
at Centerplace in Spokane Valley
Registration accepted through August 12th!
This event is bundled with three main events:
Code of Ethics (required for all REALTORS® before the end of the cycle this year)
in the morning 8:30-Noon
Buffet Lunch starting @ noon
Quarterly Membership Meeting & SAR Awards Presentations
Come honor the 2021 Award Recipients:
- Steve Flinn REALTOR® Achievement
- REALTOR® Community Service
- REALTOR® of the Year
- Affiliate of the Year
- Partner of the Year
- Citizen of the Year
- Legacy of Service
- Gary Fox Award
Attend the day and go home with 3.5 clock hours!
Attendance for clock hours will be proctored - extended absence from class will disqualify you from credit.
Or, if you need any help, call Tami at the SAR @ 325-9222.
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SAR Partners with Habitat for Humanity
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 NEXT WEEK! Wednesday, July 21
The SAR is partnering with Spokane's Habitat for Humanity for the first time in a long time.
Join your colleagues and friends (family members welcome, too) one Wednesday a month through the summer - July 21, August 18, and September 15.
No experience necessary; all abilities welcome!
This effort will help build decent and affordable homes for those in need.
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SAR Member Roster Update - June
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Updated for June
Click here to view the latest Member Roster Update (pictured above) - approved by the SAR Board of Directors at its most recent meeting.
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SAR Market Activity Report - June
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The SAR Market Activity Report for June is now online.
See the latest full report - a member-exclusive product
See the June 2021 Market Snapshot Report
See the 2021 Year to Date Market Snapshot Report (pictured above), online here.
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Quick Information
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Tech Helpline: 866-610-8939
Legal Hotline: 800-562-6027
Washington State Legislature Hotline: 800-562-6000
MLS Weekly News & Info
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2021 SAR Leadership
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|  | 2021 SAR PRESIDENT
Eric Johnson | |
Coldwell Banker Tomlinson
PRESIDENT ELECT:
Choice Realty
995-2833
IMMEDIATE PAST PRESIDENT:
Kestell Company
499-9999
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