Weekly Notices

Friday, August 21, 2015

Quarterly Meeting/Education Excellence

NEXT WEEK!

The SAR third quarter membership meeting and Education Excellence (three clock hours) is next week:

Thursday, August 27th at Center Place in Spokane Valley (pictured above).

8:30 a.m.

Education Excellence: R.I.P. HUD-1 with instructor Angie DeArth. See class/event flyer (pictured above), online here.

11:30 a.m.

Luncheon and Quarterly Membership Meeting

SPECIAL FEATURE: see a demonstration of our coming forms software - Instanet Transaction Desk (see next story below for more information)!

We will be selecting three REALTORŽ members who would like to serve on the SAR's Nominating Committee for our 2016 leadership elections.

We will also be voting on proposed association bylaw revisions.

All this - class, lunch, and meeting with software demo - is only $25! Register online for class with lunch now:

Yes, you may attend just the luncheon. The cost for that alone is $20. Contact Angie at the SAR to reserve your seat: 326-9222 or by email here.

New Forms Software Coming Soon!

The SAR leadership has approved moving our electronic form solution from zipForm to Instanet. Instanet's Transaction Desk form solution provides not only form access, but also document storage, transaction management, and digital signatures!

The new solution is expected to be available to members in November and will feature direct integration within Paragon (auto-populate from listings), as well as Single Sign On. (When logged in to the MLS, members won't need to log in to Instanet with a separate username and password!)

See the one-page FAQ (Frequently Asked Questions) document for Brokers online here.

See a brief (two-minute) product demo online here:

https://vimeo.com/user18881949/review/135982857/90d76ba373

All members are encouraged to attend our Quarterly Membership Meeting and Education Excellence event (see details in story item above) where an expanded demo will be presented.

Look for further communications in future editions of the Weekly Notices!

Statewide Forms Revisions Video Series

The Statewide Forms and the NWMLS Forms changed last month.

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 sixth video, Annie discusses the changes in forms 1A, 1B and 41C.

See the six-minute video online here:

Statewide Forms Revisions - #6

NOTE: Washington REALTORSŽ offers seven videos in this series. We are up to video #6 this week in the Weekly Notices.

If you would like to watch the remaining videos now, or see the earlier videos in this series, please visit the WR YouTube page directly, online here.

The Voice for Real Estate #28

The National Association of REALTORSŽ presents here its bi-weekly roundup of the news that affects the industry and your business.

Featured Segments in this edition:

Millennials increasingly seek walkable communities, NAR research says
Pending home sales slip in June, but remain high, with good projections for the rest of the year
NAR steps up to help curb photo scraping

Watch the five-minute video online here:

The Voice for Real Estate #28

TRID Guide

The Consumer Financial Protection Bureau (CFPB) has published a new guide for real estate agents detailing all the changes with the upcoming "Know Before You Owe" mortgage initiative, which goes into effect October 3rd.

The guide aims to help ensure "smooth and on-time closings" when the new TRID (TILA-RESPA Integrated Disclosure) rules are implemented.

CFPB's new toolkit for agents includes sections on how to have on-time closings, an overview of what has changed and the new loan documents, and the ability to share resources with your clients about the new rules.

See the TRID rule guide online here.

Washington Housing Market Stays Strong

Washington state's housing market remained strong in the second quarter of 2015.

Home sale prices, the number of sales and the number of new building permits were all up compared with a year ago, according to the Runstad Center for Real Estate Studies at the University of Washington.

Read the UW Today article 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

CRS Courses in Tri Cities

The Tri Cities Association of REALTORSŽ invites SAR members to participate with its members in two CRS classes on Monday, August 31.

"It's a Price War to the Door" and "Negotiations: The Games People Play," with Jackie Leavenworth.

See class details and registration information in the event flyer (pictured above), online here.

Lunch & Learn: TRID-TILA-RESPA

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.

Lunch & Learn: Renovation Loans

Come and find out why renovation loans are so important on homes needing a little TLC.

Join us Monday, September 21st, to learn about this product that allows your clients to finance both the purchase price and any required repairs/upgrades on a property so they can move in with financing in place for their chosen improvements.

See the event flyer, pictured above, online here.

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.

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

Code of Ethics: Standards for Success

Tuesday, September 15 - Code of Ethics: Standards for Success - with Linda Miller Sheets.

You are required by NAR to complete a Code of Ethics
class once in every four-year cycle. The current cycle began January 1, 2013, and will end December 31, 2016.

Registration: 8:!5 a.m.

Class: 8:30 a.m. to 4:30 p.m.

at the SAR

7.5 clock hours

Mortgage Awareness for REALTORSŽ

Thursday, September 17 - Mortgage Awareness for REALTORSŽ - with Cristi Zacherle.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 11:30 a.m.
at the SAR

3.0 clock hours

Statewide Purchase & Sale Agreement

Tuesday, October 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

The Code of Ethics for Real Estate Professionals

Wednesday, October 14 - The Code of Ethics for Real Estate Professionals - with Linda Miller Sheets.

A Code of Ethics course is required as a condition of retaining REALTORŽ membership with NAR & must be repeated every four years. January 1, 2013 thru Dec. 31, 2016 is the current cycle. Don't delay, sign up today!

Registration: noon
Class: 12:30 p.m. to 4:30 p.m.
at the SAR

4.0 clock hours

SAR CALENDAR

Click on the image below to see the current SAR calendar

showing dates and times of classes, committees and events.

NEXT WEEK!

SAR Third Quarter Membership Meeting and

Education Excellence coming

Thursday, August 27th

Spokane Air Quality

KXLY-TV graphic

Air monitors show unhealthy air across our area due to more than two dozen wildfires burning across the Pacific Northwest.

The Spokane Regional Health District is recommending people think twice before heading outside and delay strenuous outdoor activity until the air clears.

See the Washington State Department of Ecology air monitoring map, on which you can click where you are and see your current air quality reading (pictured above), online here.

Call for Action - Patent Trolls

Washington REALTORSŽ are just 335 action takers away from reaching the 20% participation goal established by NAR.

Please help us reach this important goal and take action!

It will only take a minute to tell Congress to support H.R. 9 - "The Innovation Act of 2015." This vital legislation is being debated in the Halls of Congress and we cannot stress enough how important this issue is to our industry.

Click here for a one pager on H.R. 9.

Click here to watch a video further detailing why REALTORSŽ should care about patent trolls.

It may not be obvious, but patent trolls are targeting REALTORSŽ, brokers and Multiple Listing Services at alarming rates for simply using common business technologies like dropdown menus and search functions on websites or scan-to-email technologies found in every office scanner.

Patent trolls exist solely to purchase old patents and to use the threat of expensive lawsuits to extort money from legitimate businesses. Without menaingful reform, REALTORSŽ will remain targets of extortion. It's incredibly alarming and something we all should be concerned about.

Be one of the Washington REALTORSŽ that helps propel the state to the 20% participation goal. Take Action Today!

Pack the Pantry - Volunteer Now!

Our 2015 SAR Pack the Pantry Food Drive is just around the corner!

Mark your calendar now for Thursday and Friday, September 10th and 11th, to participate in this valuable and heartwarming community event.

Our partner again, this year, will be Albertsons. Collection events will be held at all eight local stores.

Contact the store captain of the location nearest you to sign up for a two hour volunteer shift. The shift is easy - all you need to do is collect donations of food and/or money that are brought to the event table, and represent your SAR!

See the list of stores and store captains (pictured above), online here.

We're trying something new this year - Crowdrise!

With Crowdrise, anyone can donate through the SAR Food Drive directly to 2nd Harvest.

What's especially exciting, your office can set up its own account on the SAR Crowdrise page so that donations through your office can be tracked as they come in and sub-totaled when the event ends.

To set up your office on the SAR Pack the Pantry Crowdrise page, see the instruction flyer (pictured above), online here.

WCR Wellness Celebration

The Spokane - Eastern Washington Chapter of the Women's Council of REALTORSŽ invites you to its annual Wellness Celebration, Thursday, September 3rd.

See the event flyer, pictured above, for details - online here.

Member 2 Member

Home Warranty of America (HWA) announces its "Miracle Month," August 13th to September 13th, during which you can join them in supporting Children's Miracle Network Hospitals.

Contact Beale Leubben, local HWA account executive, at 509-551-0256 for information on their partnership with Children's Miracle Network Hospitals, and for information on HWA's 13 month home warranty programs.

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

2015 WR Fall Business Conference

The Washington REALTORSŽ 2015 Fall Business Conference will be in Wenatchee, Washington, this year, at the Wenatchee Conference Center, September 16-18, 2015.

Visit the event website, with the latest conference information and online registration, online here.

ListHub Report for July

See the July ListHub report, online here.

Market Activity Report - July

The SAR Market Activity Report for July is now online.

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

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

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

You Be The Judge - July/August

Here is You Be The Judge for July/August:

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.

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