Weekly Notices

Friday, October 9, 2015

Form Revisions

Your association Board of Directors has approved revisions to the following forms:

SAR-ELA - Exclusive Right to Sell - Redline Version

SAR-BR - Buyer Representation Agreement - Redline Version

Form 4145 - Termination/Temporary Suspension of Listing Agreement - Redline Version

View the redline copies of each form (click on each above) so you can easily see the changes.

ZipForm and Express Form platforms posted the revisions last week.

Please remember that if you have templates with any of these forms, you will want to remove them from the template and re-add them to have the current version.

2016 SAR Leadership Candidates

Your SAR Nominating Committee is pleased to announce its slate of candidates for 2016 SAR leadership:

PRESIDENT-ELECT

Ken Sax, Keller Williams Spokane - Main

Jennifer Valerien, RE/MAX Inland Empire

TREASURER

Chris Bornhoft, Windermere Manito
Doug Hagood, Hagood Real Estate and Mortgage

SECRETARY

Tom LaLone, John L. Scott Spokane, Inc.

DIRECTORS

Michael Baker,

Century 21 Beutler & Associates Spokane

Bart Cloninger, Windermere Manito

Eric Etzel, Choice Realty

Ken Garceau, Windermere Manito

Steve Hagen, Keller Williams Spokane - Main

Wendy Kennedy, Windermere North

Karene Loman, Coldwell Banker Tomlinson S

Ron McIntire, Choice Realty

Gina Mosey, John L. Scott Spokane, Inc.

In accordance with Article XV, Section 15.2 of the Association Bylaws, additional candidates may be nominated by the REALTORŽ members.

For those wishing to nominate a REALTORŽ member for an Association Officer or Director position, Nominating Petitions will be available from the Association office Tuesday, October 6th through Tuesday, October 27th. Deadline to return petition is Tuesday, October 27th!

ALL VOTING WILL BE DONE ELECTRONICALLY!!

You will receive Notice on Friday, October 30th of the "Final Slate of Candidates". Voting also begins on Monday, November 2nd. You will receive an email invitation to vote. When you click on the link for the ballot, it will take you to the Member Portal. You will need to sign in with your user name and password and then it will take you to the ballot.

Deadline to fill out ballots will be Wednesday, November 18th, 4:30 p.m.

Our new leaders will be announced at our Annual Membership Meeting on Thursday, November 19th at CenterPlace.

See a printable list of our 2016 candidates (pictured above) online here.

Leadership Survey

Your REALTORŽ Association is the largest, most influential trade organization in Washington State. We are governed and directed by REALTORSŽ just like you. We have new committees and short term advisory groups where you can make an impact and have your voice heard. You can help direct the Association and benefit while doing so:

Getting involved in your REALTORŽ Association is a pathway to a better understanding of real estate issues impacting your business.
You will have an opportunity to utilize your leadership skills and to develop new skills.
You will network with other leaders and expand your referral base.

Interested? Take the first step by registering for a leadership role & answering 10 questions about your skills and background.

Click here to go to the leadership survey.

TRID Now Law

Richard Cordray (left), the Director of the Consumer Financial Protection Bureau (CFPB), spoke last week at the National Association of REALTORSŽ on the newest of the bureau's mortgage reform rules: the TILA-RESPA Integrated Disclosure (TRID) rule or, the name the CFPB prefers, The Know Before You Owe Initiative.

In addition to explaining the basics of the rule, which combines the required Truth in Lending Act and Real Estate Settlement Procedures Act disclosures when obtaining a mortgage loan, Cordray took a swipe at those he said were spreading "misinformation" about the three-day closing aspect of the rule.

Read more about Mr. Cordray's remarks online here.

REALTORŽ magazine offers a collection of resources to help you transition to the new rule.

Find its TILA-RESPA resource page online here.

Danger Report Video

Washington REALTORSŽ may now download one of the most talked-about reports NAR has produced.

Take a quick look at what the DANGER Report is all about.

See the three-minute video online here:

Danger Report Video

Visit the DANGER Report website, online here.

HUD Home Selling Training

Enjoy FREE HUD Home Selling Training, Thursday, October 22nd, at your SAR.

See the event flyer with time and registration information (pictured above), online here.

Lunch & Learn: Home Warranties

Home warranties - what are they and what do they do?

Uncover the coverage of home warranties at a Lunch and Learn at your SAR on Monday, October 19th.

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.

Statewide Purchase & Sale Agreement

NEXT WEEK - CLASS FULL!

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

NEXT WEEK!

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

Land and Acreage 101: Rural Property

Tuesday, October 20 - Land and Acreage 101: Rural Property - with Jim Palmer Jr.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 12:30 p.m.
at the SAR

4.0 clock hours

Code of Ethics: Standards for Success

Friday, October 23 - Code of Ethics: Standards for Success - with Linda Miller Sheets.

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

7.5 clock hours

The "Nekkid" Truth:
Six Principles of Building a Real Estate Business

Tuesday, October 27 - The "Nekkid" Truth: Six Principles of Building a Real Estate Business - with Linda Miller Sheets.

Registration: 8:15 a.m.
Class: 8:30 a.m. to 12:30 p.m.
at the SAR

4.0 clock hours

Wednesday, October 28 - Smart Growth for the 21st Century - with Washington REALTORSŽ instructor Mike Flynn.

Registration: Noon to 12:25 p.m.
Class: 12:30 p.m. to 4:30 p.m.
at CenterPlace Event Center in Spokane Valley

4.0 clock hours

Home Inspections for REALTORSŽ and Appraisers

Thursday, October 29 - Home Inspections for REALTORSŽ and Appraisers - with Matthew Pedersen.

NOTE: This class is approved for REALTORŽ and Appraiser Clock Hours.

Registration: 8:15 a.m. to 8:25 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR

7.5 clock hours

In This Issue

Form Revisions

2016 SAR Leadership Candidates

Leadership Survey

TRID Now Law

Danger Report Video

HUD Home Selling Training

Lunch & Learn: Home Warranties

2015 REALTOR® Education

SAR CALENDAR

Setting Expectations in your Marketing

Crime Prevention Conference

Wellness Celebration

Member 2 Member

Are you a Desktop or Mobile Reader?

ListHub Report for August

Market Activity Report - September

You Be The Judge - September/October

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.

Setting Expectations in your Marketing

RE Technology returns this week with the fifth in its series of articles on REALTORŽ safety: Setting Expectations in your Marketing.

The words you use in your marketing messages have connotations, which is to say that they have emotional value over and above their literal meaning. Those who commit crimes with a power motive are attracted to subservience and weakness because the "power high" is what they seek. Those who commit crimes with a profit motive are also attracted to subservience and weakness because it represents lower risk.

Read the rest of this article on the RE Technology website, online here.

Crime Prevention Conference

The Spokane County Sheriff's office is holding its 8th annual Crime Prevention Conference on Tuesday, October 27th.

This all-day event includes sessions on personal safety, active shooter survival, legal use of force, and carrying firearms, among others.

See the event flyer (pictured above), suitable for posting in your office and sharing with your friends, online here.

See the event registration form, with a schedule of all events, online here.

Wellness Celebration

NEXT WEEK!

The Spokane - Eastern Washington Chapter of Women's Council of REALTORSŽ invites you to its fifth annual Wellness Celebration and Rally on October 15th.

This year we are doing things a little differently.

We contacted organizations in our area that help women in transition: Anna Ogden Hall, YWCA & Catholic Charities. We asked each of these groups to nominate women who have gone through, or are going through, their programs and are getting ready to enter the workforce.

We selected five women and they have been working with an image consultant. As part of the makeover they will be getting new clothing, hairstyles and makeup lessons.

We are excited to be reaching out to women in our community!

Local companies are helping to sponsor the women and we welcome your sponsorship. We invite you to purchase tickets or a table and join us in celebrating the women in our community.

See the event flyer (pictured above), suitable for posting in your office and sharing with your friends, online here.

Member 2 Member

NEXT WEEK!

Ticor Title Spokane welcomes all SAR members to the grand opening of its Spokane operation, Wednesday, October 14th.

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

Stewart Title invites all SAR members to its Fine Wine, Food & Friends, event on Thursday, October 22nd.

See the event flyer (pictured above) with more details, 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

Are you a Desktop or Mobile Reader?

Do you read this e-newsletter, the Weekly Notices, on your desktop computer or on your mobile device?

A new metric, offered by Constant Contact (our e-newsletter delivery service), last week, shows

71% read the Weekly Notices on a desktop computer,

29% read it on a mobile device.

Washington REALTORSŽ Communications Director Steve Klanieki said recently, "Spokane has the best e-newsletter I've seen for a local." He should know - he sees most of them from across the country.

The Weekly Notices is just one of many member resources managed by your SAR Communication and Member Services committee.

ListHub Report for August

See the August ListHub report, now featuring data from Zillow and Trulia, online here.

Market Activity Report - September

The SAR Market Activity Report for September is now online.

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

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

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

You Be The Judge - September/October

Here is You Be The Judge for September/October:

Case #1-10: Obligations Under Exclusive Listing

Read the case and submit your judgement online here.

NOTE: This edition of You be the Judge covers two months, September/October. Those who decide correctly on this one will be entered in a drawing for two (2) Starbucks coffee cards!

Winner to be announced next month.

Congratulations to Mary Guderjohn, Exit Real Estate North, our July/August Starbucks card winner!

JULY/AUGUST ANSWER:

The Hearing Panel disagreed with Seller S's contentions. It noted that while REALTORSŽ do, in fact, have an obligation to preserve confidential information gained in the course of any relationship with the client, Standard of Practice 1-9 specifically provides that latent material defects are not considered "confidential information" under the Code of Ethics. Consequently, REALTORŽ A's disclosure did not violate Article 1 of the Code of Ethics.

From Case #1-25: Disclosure of Latent Defects

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

Member Roster Update