Weekly Notices

Friday, July 31, 2015

SAR Endorsements

Your SAR is pleased to announce that it endorses these candidates for the City of Spokane Primary Election, next week, August 4th:

David Condon, Mayor, City of Spokane

Mike Fagan, Spokane City Council, Position 1

Evan Verduin, Spokane City Council, Positon 3

The names of two SAR members will be on the General Election ballot in the City of Spokane Valley, this fall. Your SAR endorses these candidates:

Arne Woodard, City of Spokane Valley, Position 3

Sam Wood, City of Spokane Valley, Position 6

Special thanks to our SAR Government Affairs Committee for its recommendations on these REALTORŽ-friendly candidates (photo above, left to right): Sam Wood, Arne Woodard, and Michael Baker, committee chair.

REMEMBER TO MAIL YOUR COMPLETED BALLOT ON OR BEFORE TUESDAY, AUGUST 4TH.

Statewide Forms Revisions

New and revised statewide forms became available last week. You should be using these forms now.

You can see/download these forms by logging in to your MLS Dashboard and selecting Printable RE Forms from the dashboard (see image above).

Go there now: http://sar.paragonrels.com

Statewide Forms Revisions Video Series

The Statewide Forms and the NWMLS Forms changed last week.

To help you get acquainted with the new forms, your Washington REALTORŽ Legal Hotline Attorney Annie Fitzsimmons presents a series of videos to explain the impact of the changes on your business.

In her third video, Annie discusses the changes to the purchase/sales agreement: FIRPTA, DOL license numbers and the disposition of earnest money.

Watch the ten-minute video online here:

Forms Revisions #3

The second video in this series covers Form 17.

Watch the four-minute video online here:

Forms Revisions #2

The first video in Annie's series covers changes to Form 22A.

Watch the 12-minute video online here:

Forms Revisions #1

NOTE: Washington REALTORSŽ typically posts its weekly videos every Friday afternoon. This happens after we send you the Weekly Notices every Friday morning.

If you are eager to get these videos the minute they are posted online, please visit the WR YouTube page directly, online here.

We will continue to feature these videos, as they become available, here in the Weekly Notices so you won't miss them either way.

Notification of Bylaws Vote

The Board of Directors of the Association is submitting to the membership at the August 27, 2015, general membership meeting a proposed Bylaw change.

The proposed Bylaw amendment revises the qualifications for running for the position of SAR Director.

See a redline markup of the proposed changes (pictured above), online here.

TRID-RESPA-TILA Webcast

REALTORŽ Magazine presented a live webcast on July 16, 2015, to help real estate professionals understand the changes to the closing process that are scheduled to go into effect later this year.

The program featured attorney Phil Schulman, a partner with K&L Gates and former official with the U.S. Department of Housing and Urban Development, who specializes in federal closing rules, and NAR Senior Counsel Finley Maxson.

See a recording of that one-hour webcast online here:

The New Closing Rules

Lunch & Learn: TRID-RESPA-TILA

OK, so we have a little more time (October 3rd) now, but the TRID - TILA RESPA Integrated Disclosures - are still on the track and they're coming our way!

Join us Tuesday, September 8th, at your SAR for a Lunch & Learn that will share what every REALTORŽ needs to know about TRID.

See the event flyer, pictured above, online here.

WR Tech Symposium

The Washington REALTORSŽ Tech Symposium is an education event for REALTORSŽ and real estate licensees.

Technology is integrated into almost every facet of real estate today. Learn from the experts what's expected of you from your clients, how to best utilize the tools available, and how to choose what technology is right for you.

September 30, 2015 | 8:30am-5:00pm

Confluence Technology Center
285 Technology Center Way
Wenatchee, WA 98801

2015 REALTORŽ Education

CONTINUING EDUCATION

Quality of Education

through SAR/WR Education Instructors

Here is the latest class listing of your SAR - offering the best live and local continuing real estate education classes for 2015.

Click on each class title, underlined in blue, to bring up a flyer for that class - suitable for posting in your office.

Register for these classes online here:

Please be in touch with Debbie at the SAR if you have any questions about these classes or your license education requirements, by phone at 326-9222 or by email.

Code of Ethics - Standards for Success

NEXT WEEK!

Thursday, August 6 - Code of Ethics - Standards for Success - with Linda Miller.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR

7.5 clock hours

Statewide Purchase and Sale Agreement

Thursday, August 13 - Statewide Purchase & Sale Agreement - with Sabrina Jones-Schroeder.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 5:00 p.m.
at the SAR

7.5 clock hours

Land and Acreage 200 - Rural Property

Friday, August 14 - Land and Acreage 200 - Rural Property - with Jim Palmer, Jr.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR

7.5 clock hours.

Current Issues in Washington Residential Real Estate

Thursday, September 3 - Current Issues in Washington Residential Real Estate - with Sabrina Jones-Schroeder.

Registration: 1:15 p.m.
Class: 1:30 p.m. to 4:30 p.m.
at the SAR

3.0 clock hours

In This Issue

SAR Endorsements

Statewide Forms Revisions

Statewide Forms Revisions Video

Notification of Bylaws Vote

TRID-RESPA-TILA Webcast

Lunch & Learn: TRID-RESPA-TILA

WR Tech Symposium

2015 REALTOR® Education

SAR CALENDAR

REALTOR® Attacked

"Thank you" Golf Tournament sponsors!

WR Summer Social

Member 2 Member

ListHub Report - June

Market Activity Report - June

You Be The Judge - July

Member Roster Update

Suggestion Box

SAR CALENDAR

Click on the image below to see the current SAR calendar

showing dates and times of classes, committees and events.

REALTORŽ Attacked

Atlanta area police have arrested a man who allegedly wore a woman's dress and wig and attacked a female real estate professional during a home showing, last week.

Atlanta-area real estate companies were placed on alert following the attack.

Police have arrested 38-year-old Jeffrey Shumate, who faces charges of false imprisonment, battery, and aggravated assault.

Read more in REALTORŽ magazine, online here.

"Thank you" Golf Tournament sponsors!

The SAR thanks - and encourages you to thank - the generous sponsors of the 2015 SAR Golf Tournament.

Their support makes the event possible in so many ways and is an encouraging measure of the support REALTORSŽ and others in the real estate industry enjoy in this community.

Academy Mortgage

All American Home Inspection

Banner Bank

Fidelity Home Warranty

First American Title

Gustafson Law, Inc., P.S.

Heritage Home Loans

HomeStreet Bank

Home Warranty of America

Inland Northwest Bank

Inland Professional Title

Mountain West Bank

Move in Home Inspection

Northwest Fence Company

Pillar to Post Home Inspection

Spokane County Title Co.

Spokane Teachers Credit Union

Stamp of Approval

Stewart Title of Spokane

Summit Funding, Inc.

The Spokesman-Review

Ticor Title Co.

Umpqua Bank

Wells Fargo Home Mortgage

WR Summer Social

NEXT WEEK!

The Spokane-Eastern Washington chapter of the Women's Council of REALTORSŽ invites all SAR members to its Summer Social at Arbor Crest Wine Cellars' Cliff House.

Thursday, August 6th, at 4:00 p.m.

See event flyer (pictured above) for more information, online here.

This is a stunning venue (see photo above) which crowns the brow of a sheer cliff high above the Spokane river and boasts panoramic views from Spokane to Liberty Lake. It was built in 1924 by inventor and mechanical genius, Royal Riblet, of Riblet Tramway fame. It is a National Historic Landmark and certainly one of the treasures of our area.

Member 2 Member

The National Association of Professional Mortgage Women (NAPMW) invites all SAR members to its fourth annual Trap Shoot on Tuesday, August 11th.

Entry deadline is Wednesday, August 5th.

See the event flyer (pictured above), online here.

Member 2 Member is a member benefit of the SAR. It is intended to announce a new product, service, location or affiliate event. If you are a member who wishes to share a message with your fellow members, please email it to Debbie at the SAR:

debbie@spokanerealtor.com

ListHub Report for June

See the June ListHub report, online here.

Market Activity Report - June

The SAR Market Activity Report for June is now online.

See the latest report - and archived reports - online here.

See the June 2015 summary report (pictured above) online here.

See the 2015 year-to-date summary report (pictured above) online here.

You Be The Judge - July

Here is You Be The Judge for July:

Case #1-25: Disclosure of Latent Defects.

Read the case and submit your judgement online here.

Those who decide correctly will be entered in a drawing for a Starbucks coffee card!

Winner to be announced next month.

Congratulations to Cathy Elmore, Coldwell Banker Tomlinson North, our June Starbucks card winner!

JUNE ANSWER

The Hearing Panel concluded that REALTORŽ B had adequately respected the agency of REALTORŽ A as interpreted by Standard of Practice 16-4. The panel's decision indicated that a listing broker should recognize that his refusal to disclose the type and expiration date of a listing to an inquiring broker frees the inquiring broker to contact the seller directly. If the contact with the seller is made under the provisions of Standard of Practice 16-4, the REALTORŽ is also able to discuss the terms of a future listing on the property or may enter into a listing to become effective upon the expiration of the current listing. The panel found REALTORŽ B not in violation of Article 16.

From case #16-7: REALTORŽ's Refusal to Disclose Nature and Current Status of Listing to Another REALTORŽ.

See the full text of last month's case, online here.

Member Roster Update

Click here to view the latest Roster Update - listing new and resigned members and companies.

Click here to view the latest list of MLS Subscription Waivers approved by the SAR Board of Directors.

Send a message to Angie at the SAR with any changes.

Suggestion Box