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February 2025 - VOLUME 31 - NUMBER 14

UPCOMING EVENTS

 

Monday, February 17th

5:30 p.m. - 8:30 p.m.

800 W Broadway Suite 640 Monona, 53713

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Tuesday, February 18th

12:00 p.m. - 1:30 p.m.

RASCW Headquarters

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Wednesday, February 19th

9:00 a.m. - 3:00 p.m.

WRA Education Center

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Thursday, February 27th

11:30 a.m. - 1:00 p.m.

Baraboo Area Chamber of Commerce

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Monday, February 24th

 9:00 a.m. - 11:30 a.m.

RASCW Headquarters

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Thursday, March 13th

2:30 p.m. - 4:30 p.m.

RASCW Headquarters

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NEWS

 

RASCW & SCWMLS proudly present NextKeyâ„  our groundbreaking learning center designed to revolutionize the way you connect with the real estate industry.


From emerging leaders to seasoned experts, our programs empower you to unlock your full potential with tailored education, cutting-edge tools, and meaningful connections.

LEARN MORE

RASCW President, Sona Olson, Speaks About NextKeyâ„ 

"NextKeyâ„  learning center gives real estate professionals the tools, knowledge, and resources they need to thrive in a fast-changing market. It creates opportunities for growth, collaboration, and staying ahead, ensuring success for everyone involved in the real estate industry. RASCW is doubling down on making sure that we add value and continue to add value for every one of our members."



NextKeyâ„  Upcoming Events:


2024 Annual Report

The 2024 Annual Report is here! RASCW and SCWMLS are proud to share how we’ve supported our members, championed advocacy efforts, and navigated key industry changes over the past year. Dive in to see the impact we’ve made together!

READ NOW

Government Affairs: Upcoming Budget Address, Key Issues & More

As 2025 starts off strong, our Government Affairs team is ready to face the challenges that come with a new slate of legislative priorities. On February 18th, Governor Evers will host his biannual Budget Address to the Wisconsin Legislature. He is expected to discuss lowering costs for Wisconsinites, addressing childcare shortages, and keeping our communities safe.


A key issue we will be monitoring closely this year is protection of the Tax Levy Freeze. With property taxes being the highest tax in Wisconsin, maintaining this freeze is crucial for supporting affordable housing and sustaining business profitability. In addition to this freeze, RASCW will continue to monitor legislation and local proposals to make our communities better for everyone.



New NAR Fair Housing Requirement

In 2023, the NAR Board of Directors approved a motion requiring all active REALTORS® to take a fair housing course every 3 years. This requirement began January 1st, 2025 and will be due on December 31st, 2027. Members that do not meet this requirement by the deadline, will have their membership suspended. REALTOR® Emeritus are exempt starting the year after approval from the NAR Board of Directors. Fair housing courses taken before Jan. 1st, 2025 will not be counted towards this new requirement. Courses will only count towards one cycle and will need to be retaken after their due date.


Fair Housing Course Options:

  • Fair Haven (Course Code FHVN) This is a online, free, self-paced course hosted by NAR. NAR will add these records to M1.
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  • Bias Override (Course Code BOVR) This is live and offered both in-person and online. It is created by NAR and they will add these records to M1.
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  • At Home with Diversity Course Only (Course Code HWD) Members can take the NAR AHWD course without earning the certification. The "course only" option will count as a fair housing course. NAR will add these records to M1.
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  • At Home with Diversity Certification (Course Code AHWD) NAR certification NAR will add certification in M1. Note: this can only be used once per cycle.
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  • Fair Housing Course (Course Code FAIRH) Your association can develop their own fair housing course for this requirement. However, they are then responsible for adding this course code to M1. Please email member@wisre.com to have your completion added to your record.
Email Member Services

*Please Note: C2EX Endorsement alone is not an option for this requirement. However, completing the Fair Haven course is part of the C2EX Endorsement.


Learn More  

NAR Releases 2024 Year in Review The National Association of REALTORS® (NAR) announced their 2024 Year in Review report is live. Learn more about the industry changes this past year and what NAR is doing to protect the real estate industry.

Read Now

NAR's Latest Consumer Guides

The National Association of REALTORS® (NAR) is proud to release their latest consumer guides that are available for download. Recent topics covered include: preparing to sell your home, fire damage & policy coverage, flood insurance, homeowners insurance, and home inspections.

Visit NAR's Website to Download the Guides

2025 WMBA Scholarship Program - Accepting Applications

The Wisconsin Mortgage Bankers Association (WMBA) presents their 2025 Scholarship Program for high school seniors, adults returning to school, and current students in: The Financial Service Industry, Real Estate Industry, or Construction/Trades Industry.

 
Apply Now

December Market Statistics

The December housing marketing across the 18-county region has shown notable shifts compared to Dec. 2023. New listing inventory experienced a decline compared to 2023, with fewer homes coming onto the market. Despite this, the number of sales rose, reflecting continued buyer activity and demand in the region.

VIEW FULL MARKET STATS REPORT

New Agents, Offices & Transfers

February Lease Asking Rates Greater Madison, WI

In Memoriam: Gary Thomas Lukens (1951-2025)

We are saddened to share the passing of Gary Thomas Lukens, a respected leader and a mentor to many throughout his impressive career. His impact on our community will not be forgotten. Our thoughts are with his family, friends, and colleagues during this time. View his obituary here.

RASCW | rascw.org
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