Weekly Notices
November 19, 2021
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First “FREE” SAR Holiday Gathering
and Annual Membership Meeting
Making Spirits Bright
Thursday, December 16th @ 9:30 a.m.
Centerplace Event Center in Spokane Valley
Watch for more details to come!
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NEW!
Part 1:
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.
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In this first video in the series, Annie and Sabrina discuss the "stuff" you need to know if you receive a letter from the Department of Licensing regarding a complaint against you.
See the all-new 11-minute video online here:
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NAR’s Yun Says Housing Market Doing Well, May Normalize in 2022 |
The outlook for the residential real estate market, which performed exceptionally well during the height of the pandemic, continues to be promising, according to NAR Chief Economist Lawrence Yun.
Yun delivered the assessment at the National Association of Realtors®' 2021 REALTORS® Conference & Expo in Sand Diego, California.
"All markets are seeing strong conditions and home sales are the best they have been in 15 years, Yun said. "The housing sector's success will continue, but I don't expect next year's performance to exceed this year's."
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An unknown, he said, is how remote work opportunities will play out in the future and advised that the industry keep that in mind.
"We are only in the first innings of work-from-home options," Yun said. "People have not fully digested the work-from-home-flexibility model yet in determining home size and locational choice."
Dr. Yun was interviewed about his remarks on the convention floor.
Watch that five-minute video online here:
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NAR Announces New Guidance
that Reinforces Greater Transparency for Consumers
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The National Association of Realtors® announced, this week, the adoption of changes to its guidance for local Multiple Listing Service broker marketplaces that reinforce greater transparency for consumers.
The changes ensure disclosure of compensation offered to buyer agents, ensure listings are not excluded from search results based on the amount of compensation offered to buyer agents, and reinforce that buyer brokers do not represent their services as free.
The NAR Board of Directors adopted the changes to take effect January 1, 2022.
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Share this week's
Advocacy Message
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The Spokane Association of REALTORS® has created a program to get the housing advocacy conversation going and invite the community to take action through our “Together Stronger” campaign.
This week's message is on the SAR Face Book Channel now.
Click on the "share" button, add your personal comments if you like, then share it with your social network.
Together we are stronger!
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2022 SAR
Initial Slate of Candidates –
Petition for Nomination
Now Available
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Initial Slate of Candidates
from the Nominating Committee:
PRESIDENT-ELECT:
· Tom Hormel, RE/MAX of Spokane
TREASURER:
· No Specified Nominee
SECRETARY:
· Ron McIntire, Choice Realty
DIRECTORS:
· Bree Campana, 4 Degrees Real Estate
· Judy Flemmer, EXIT Real Estate Professionals
· Britney Inglis, Real Estate Marketplace NW, Inc.
· Katie McDaris Marks, EXIT Real Estate Professionals
· Ron McIntire, Choice Realty
· Barb Pielli, Professional Realty Services
· Matt Side, Realty One Group Eclipse
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Petition for Nomination of Additional Candidates Available Now
In accordance with Article XIII, Section 13.2 of the Association Bylaws, additional candidates may be nominated by the REALTOR® members.
For those wishing to nominate a REALTOR® member for an Association Officer or Director position that is not on the initial Slate of Candidates, petitions are now available (included with this document).
Deadline to return petitions is end of business day
Monday, November 22nd.
You will receive Notice on Wednesday, November 24th, of the "Final Slate of Candidates."
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Deadline to return petitions is end of business day Monday, November 22nd.
ALL VOTING WILL BE DONE ELECTRONICALLY!
Voting begins on Monday, November 29th.
You will receive your ballot via email.
Deadline to fill out ballots will be Wednesday, December 15th, 4:30 p.m.
Our new leaders will be announced at our Annual Membership Meeting/Holiday Gathering on Thursday, December 16th, at Center Place Regional Event Center.
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RPAC Online Auction
November 14-19
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ENDS TODAY!
Come join the fun and support a great cause!
Your Spokane Association of REALTORS® RPAC committee is hosting an online auction this week - November 14th through the 19th - and ends today!
Open to all REALTOR® members.
How about a Premiere Lake Tower "Night on the Lake" Package at the Coeur d'Alene Resort (pictured at left).
Includes: One night Premiere Lake Tower Accommodations and $100 Dining Credit at the Resort Restaurants.
Just one of the many items up for auction.
And remember – every dollar you spend counts towards your RPAC contribution.
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2022 SAR Committee Service
DEADLINE: Friday, December 3rd!
Your association runs on volunteer power. Here's your chance to plug in and make a difference!
2022 SAR President Eric Etzel invites you to join him in volunteering to lead our association in the new year.
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If you'd like to talk with Eric before you decide how you'd like to volunteer, call him at 995-2833 or email him at eric@ericetzel.com
Here are just some of the volunteer opportunities where you can help get the work done:
Budget & Finance
Communication
Professional Development
Forms
Governmental Affairs
Grievance
Membership
SOS (Serving Our Spokane)
Special Events
3rd Grade Poster Contest
Golf
Food Drive
Holiday Party & Auction
Technology
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Here's the full list of 2022 SAR Committee Service Opportunities: |
Submit your application by
Friday, December 3rd!
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Women's Council of REALTORS®
Light It Up Blue
Installation and Awards Gala
December 2nd
5 p.m. to 8 p.m.
Mirabeau Park Hotel
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Holly Jolly Dinner Buffet
and Holiday Attire.
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Please join Women's Council of REALTORS Spokane Eastern Washington as we Light It Up Blue for our 1st Annual Installation and Awards Gala at Mirabeau Hotel and Convention Center.
We will be supporting The ISAAC Foundation with our Purse Raffle and Guest Speaker, Holly Goodman.
Installation of our incoming governing board will be performed by Rep. Jenny Graham.
Holly Jolly Dinner Buffet and holiday attire. Dress up as much as you want and please wear blue for Autism Acceptance!
The Battle of The Brokerages Purse Raffle will benefit The ISAAC Foundation in support of their new Clubhouse.
We will also be presenting awards for 2020 and 2021 to our honored recipients and our top producing members.
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SAR Blood Drive
Tuesday, December 28th
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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.
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NEW!
Legal Hotline Mailbag:
Sellers Go Silent After Failed Closing
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Washington REALTORS® Legal Hotline attorney Annie Fitzsimmons is back with a new letter from the Legal Hotline Mailbag:
In a matter where the sellers go silent after a failed closing.
Now, you're attempting to get back earnest money after the transaction is terminated.
The buyer gets no response from seller.
What should you do?
Watch Annie's 10-minute answer online here:
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Tax Reduction Strategies
for the Real Estate Professional
(Virtual Program) with Maine Shafer, JD, with Bradford Tax Solutions.
Monday - December 6, 2021
9:30 a.m. - 12:00 p.m.
Starts Promptly at 9:30 a.m. PST!
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Keep More of Your Income in 2021!
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In this 150-minute interactive ZOOM seminar you will learn:
*HOW to POWER BOOST and OPTIMIZE your 2021 tax deductions: Learn the best business practices and strategies to get the most out of new deductions!
*WHY New COVID-19 Law reinforces the need to claim all business tax deductions, always!
*HOW to deduct all your FAMILY’S MEDICAL EXPENSES - even dental - as a real estate BUSINESS expense!
*HOW to safely qualify your Home Office for big tax deductions, even if you spend most of your office time at a branch office-one of the most important deductions this year.
*WHY you may want to buy a new, or pre-owned, car sooner than you think…the great “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.
AND SO MUCH MORE!
After this seminar, you’ll have what you need to bring to your tax accountant, so you'll qualify for more deductions and increase your spendable income, this year and beyond!
Busy? The short time you invest in this seminar will translate immediately to money, your money!
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Make a Lasting Impression With Your Listing Presentation |
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FREE WEBINAR:
Tuesday, December 7th, at 9 a.m.
In this 45 minute webinar, you’ll gain the skills necessary to put together a winning listing presentation, by:
- Helping your sellers digest information in a way that helps them make better decisions
- Interpreting data and identifying trends
- Exploring RPR’s two CMA tools to guide you in preparing a complete listing packet
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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.
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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.
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.
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NEW!
What Else do we Need?
PSA Addenda
with Sabrina Jones-Schroeder
Tuesday, Nov 30th - 9 a.m. to noon
- and -
Thursday, Dec 1st - 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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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, Dec 7th
8:30 a.m. - 12:30 p.m.
- and -
Thursday, Dec 9th
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.
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NEW!
Code of Ethics -
Our Promise to Professionalism with Mike Crowley
(Zoom class)
Monday, Dec 20th
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, 2019 and December 31, 2021.
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.
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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.
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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!
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Current Market and Membership Information from your Association: |
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October 2021
Market Snapshot Report
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Year-to-date
Market Snapshot Report
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October
Member Roster Update
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See the full member-exclusive Market Activity Report online here.
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SAR Leadership Information |
NEW - UPDATED 10/21
The 2021 Leadership Directory for your association is online here.
This document contains names and contact info for your elected officers and directors.
Please be in touch any time you have a comment or question about your association.
Thank you for being a member of the Spokane Association of REALTORS®!
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SAR and Community Calendars: |
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Connect with us any time on these social media channels: |
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