Forms Revisions
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Effective Next Week!
Monday, August 16th
Residential Landlord Tenant Act
& Seller Disclosure Act
Legal Bulletin 220 summarizes revisions to the Residential Landlord Tenant Act (RCW 59.18) ("RLTA") and related changes to NWMLS's lease and rental forms.
The bulletin provides general information about the revisions to the RLTA and does not address specific scenarios that may arise with the landlord/tenant relationship.
If a landlord or tenant has questions about their rights or obligations under the RLTA, you should advise them to speak with an attorney.
This bulletin also summarizes revisions to the Seller Disclosure Act (RCW 64.06) and the related changes to the Seller Disclosure Statement - Improved Property (Form 17) and the Seller Disclosure Statement - Unimproved Property (Form 17C).
Legal Bulletin 220 and SAMPLE versions of the revised forms are linked below for review purposes - in both clean and redline formats: The revised forms are currently available as SAMPLE forms for review purposes only.
The forms will be published for use on TransactionDesk and Xpress Forms on Monday, August 16th.
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DOL Fee Increase
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The Washington State Department of Licensing (DoL) recently announced it will be increasing its real estate license fees in late August or early September.
This announcement has caused some questions.
To answer them, the DoL has released a Frequently Asked Questions handout for real estate brokers to address common questions, such as why they are raising fees and when these fee increases go into effect.
If brokers have further questions, call the Real Estate unit at the Department of Licensing at 360.664.6500 or email
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SAR Leadership Nominations Open
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DUE BY FRIDAY, AUGUST 27th Nominations are open for directors to serve on your association board for 2022-2023. There are five, two-year terms available on the board.
Nominees for directorships must be REALTOR® members of the Association who have:
(i) served on a minimum of two (2) standing committees within the seven (7) years prior to the time of the election;
(ii) served on one (1) standing committee within the three (3) years prior to the time of the election; or
(iii)who are currently serving, or within the one (1) year prior to the time of the election have served, as President of the Young Professionals Network or President of the Women's Council of REALTORS®.
If a candidate has served on only one (1) standing committee within the three (3) years prior to the time of the election, that candidate must also attend two (2) Board of Directors meetings within the twelve (12) months prior to running for Director.
To place a name in nomination with the Nominating Committee, please complete the application, offered below. You may Email your completed form to Sharon@SpokaneRealtor.com, FAX to the SAR at 324-8650 ormail to: SAR, 1924 N Ash, Spokane, WA 99205, by Friday, August 27th. If you have questions, please contact Eric Johnson at 951-9331 or Sharon Houston at 326-9222. Thank you for participating in the leadership of your association!
Download the 2022-2023 SAR Director nomination form (pictured above), online here.
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Legal Hotline: Don't Do It!
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Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons and Spokane Broker and SAR Member Ken Sax offer a new video series titled "Don't do it!"
This three-part series addresses some industry confusion from both listing and buyer brokers on recent revisions to Form 35 (Inspection Contingency).
When in doubt, don't do it!
All three segments are offered here, in order.
Each video runs about ten minutes.
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Legal Hotline Series: Don't Do It! (Series Introduction).
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iOi Summit
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NEW!
August 17-18
Dallas, TX
NAR's Innovation, Opportunity & Investment Summit will take place August 17-18 in Dallas, Texas, this year.
At the iOi Summit, PropTech leaders are at the forefront of the industry sharing leading-edge information, insights, and products you won't hear or see anywhere else.
It's where technologists and investors connect to fund new ideas and propel the ever-changing real estate industry into the future.
This August, join over 500 real estate practitioners, technologists, and investors at this go-to event to address concerns regarding the future of real estate.
At iOi, your tech leader peers join ranks to pool talents and resources, and discuss and develop essential PropTech strategies and solutions that will revive the industry and drive it forward.
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C2EX
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Washington REALTORS® challenge - Which Association Will Win?
C2EX Contest Runs Through August 31
The local association with the highest percentage of increase of C2EX completions based on the local association size by August 31 will win a FREE WR class!
This includes:
- Instructor fees
- Certificate fees
- Location fees
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.
It looks like we have 147 SAR Members that have started their C2EX training, with 16 SAR Members that have completed their C2EX training.
Congrats to those 16 members!
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Anne
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Anderson
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Bree
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Campana
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Grace
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Chiquette
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Tom
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Clark
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Kim
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Cooper
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Julie
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Cope
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Cynthia
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Gustafson
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Steve
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Hagen
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Kristy
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Hamby
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Tom
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Hormel
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Eric
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Johnson
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Karene
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Loman
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Gina
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Mosey
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Miranda
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O'Callaghan
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Jennifer
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Shupe
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Lexi
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Witherwax
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We hope you'll be one of those who will complete your training by the end of August.
Bonus - WR will send a free lapel pin to all WR members who complete C2EX!
Download the poster (pictured above) online here.
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Best Practices: Love Letters
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NEW!
Buyers competing in a hot real estate market might try to stand out from the crowd by sending a "love letter" to the seller.
Real estate professionals can use these best practices to help both buyers and sellers avoid potential fair housing violations that love letters can trigger.
Watch the new four-minute video online here:
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Window to the Law: Best Practices for Buyer Love Letters
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NAR Conference and Expo - Rise and Shine
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It's time to rise and shine for the 2021 National Association of REALTORS® Conference and Expo in San Diego, California.
Join NAR November 12-15 at the REALTORS® Conference & Expo, the largest annual event for the most successful real estate professionals.
Since 1908,REALTORS® have come together to share and explore key industry insights, advancements, and practical applications across the real estate industry.
Visit the conference website for in-person and virtual passes, online here.
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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, Aug 24th
8:30 a.m. - 12:30 p.m.
- and -
Thursday, Aug 26th
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!
Core Curriculum with Sabrina Jones Schroeder
(Zoom class)
Thursday, Sept. 2nd
9 a.m. - noon
3.0 clock hours
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!
The Washington State Real Estate Commission and Department of Licensing require the completion of 3 clock hours of prescribed core curriculum.
The 3 mandatory core clock hours must be included in the 30 clock hours required for active licensees.
"Current Issues in Washington Residential Real Estate 2020-2021" is the Core Curriculum course required by DOL.
Remember, you must take this class every 2 years for your license renewal. We are now in the 2020-2021 two-year cycle.
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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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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
NEXT WEEK!
Thursday, August 19th
at CenterPlace in Spokane Valley
(registration closed)
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 @ 326-9222.
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Another Record High
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NEW!
While Spokane County's median home price surged to another record high in July, a slight uptick in inventory and cooling sales may be signs of a market beginning to normalize, local Realtors say.
Spokane County's median home price spiked to $395,000 in July, up 31% compared to the $301,509 median in July 2020, according to data from the Spokane Association of Realtors.
The article continues in The Spokesman-Review online here.
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SAR Advocacy: One-minute Video
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NEW!
This week's Housing Advocacy question:
Why are home prices going up so fast in Spokane?
Watch this one-minute video for the answer:
This video is one in a series of SAR Housing Advocacy minutes currently appearing on various social media platforms to select viewers in the Spokane area.
Members are invited and encouraged to share this video on their own social media channels and websites to help continue the housing conversation in our area.
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Open Enrollment
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Open Enrollment Open Now!
Closes Sunday, August 15th
The current open enrollment period for health insurance closes this weekend.
Open Enrollment is a period during which one may freely enroll in or change one's selection of a health insurance plan or other benefit program that is ordinarily subject to restrictions.
Explore your options for health insurance for yourself and your family within the REALTORS® Insurance Place online here.
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SAR Partners with Habitat for Humanity
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NEXT WEEK!
Wednesday, August 18th
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 - 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 Blood Drive
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Thursday, September 16th
12:45 - 3:45 p.m.
The SAR is delighted to partner, once again, with Vitalant, the region's blood bank, for a donation event in the SAR parking lot on Thursday, September 16th.
The need for blood hasn't gone away because of the pandemic, in fact, it's more important now than ever that Spokane residents donate.
However, people aren't signing up or showing up and it could cause an even bigger problem within weeks.
Watch the story on KHQ6 News online here:
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SAR Oktober Fest
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Early Bird Tickets through September 22nd
Your SAR will be holding an Oktoberfest party/fundraiser as the big social event of the fall, this year - replacing the Christmas party/fundraiser.
Enjoy relaxed conversations with your friends and colleagues, silent auction, door prizes, photo booth, music, dancing, and delicious authentic German food catered by Das Stein Haus.
Download the event flyer (pictured above) online here.
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WCR Golf Tournament
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Join Women's Council of REALTORS® for a swashbuckling event!
Grab a friend (or three) and sign up!
Lots of excellent prizes, drinks, and dinner!
See the event flyer (pictured above) for more information, online here.
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WR Fall Business Conference
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September 22-24 in Wenatchee
Washington REALTORS® will be holding its FIRST IN-PERSON business conference since COVID!
Registration is open now. The room block is full but you can add your name to the wait list - or choose other accommodations.
A registration link, the full conference schedule, and pages of supporting information are all available on the conference website online here.
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SAR Member Roster Update - July
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Updated for July
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 - July
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The SAR Market Activity Report for July is now online.
See the latest full report - a member-exclusive product
See the July 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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