#IAmYourREALTOR: Share Your Story with Us | |
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How do you go above and beyond for your clients? In this first video in our new #IAmYourREALTOR campaign, Idaho REALTORS® 2024 President Katrina Wehr, invites all Idaho REALTOR® members to showcase the extraordinary lengths they go to for their clients. What is the extra value, care, and support that REALTORS® give their clients? Idaho REALTORS® aren't just real estate professionals. They are YOUR REALTORS®.
This campaign encourages REALTORS® to share their stories of going above and beyond, using the hashtag #IAmYourREALTOR, to highlight the invaluable role they play in bringing transactions to a successful close while fostering genuine care for both buyers and sellers. Join us in telling the world about the difference you make every day in the lives of your clients.
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Join Us for the April Wednesday Webinar: NAR Litigation Settlement Update | |
Join Idaho REALTORS® for our next NAR Litigation Update Webinar - April 10th, at 1:00 pm MT. This session will be hosted by 2024 President Katrina Wehr, with discussions from Legal Counsel Jason Risch and Past President Tracy Kasper. This session will dissect the recent NAR settlement's implications, the changes regarding compensation offers on MLS, and requirements for buyer representation agreements starting mid-July 2024.
This webinar is an opportunity for our members to discuss the settlement's impact and understand compliance strategies. Idaho REALTORS® remains dedicated to supporting our members through this developing environment. Register today and join us for this critical webinar.
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ICYMI: NAR SETTLEMENT AGREEMENT OVERVIEW PRESENTATION with David Hensley | In this video update from Idaho REALTORS®, CEO - David Hensley - shares an overview of the recent proposed NAR Settlement Agreement. This presentation is based on his understanding and opinion of the NAR Settlement Agreement, and its impact on REALTORS® in Idaho. David also outlines the settlement's terms, its implications for real estate practices, and provides an explanation of NAR's timeline for implementation. It is the aim of this presentation to address common misconceptions about the settlement agreement and offer insights into the path forward for REALTORS® in Idaho. If you have any additional questions or want to know more about the developing NAR Settlement please visit the resources available on NAR's website at Facts.Realtor OR Competition.Realtor, or visit the Idaho REALTORS® litigation information page at https://idahorealtors.com/nar-settlement. | |
April 2024 Board of Directors Meeting Is Right Around the Corner! | |
The 2024 Board of Directors Meeting will be held on Thursday, April 25th, 2024 at the Grove Hotel in Boise. Mark your calendars for IR's first major business meeting of the year. | |
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Idaho REALTORS® is pleased to announce that Robert Spendlove, Senior Economist at Zions Bank and member of the Utah House of Representatives, will be speaking during our Board of Directors Keynote lunch at the April Board Meeting. Robert is a distinguished expert in economic trends and public policy. Renowned for his ability to clearly articulate complex economic issues, he brings a wealth of knowledge from his experiences in policy advising, legislative roles, and media analysis. His expertise encompasses macroeconomics, demographics, financial markets, and public policy. We are looking forward to his insights as our keynote speaker regarding real estate trends and developments in Idaho.
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Idaho REALTORS® Scholarship Applications Are Now Available | |
Idaho REALTORS® are awarding two $2,500 scholarship, and five $1,500 scholarships in 2024. Scholarship opportunities are available to high school seniors and full-time students (12+ credits) enrolled in a college, university, or equivalent full-time students in a vocational-technical school, for the 2024-2025 school year. Students must be a United States citizen to apply.
Preference will be given to students:
- Studying real estate or a related field
- Attending colleges and universities within the state of Idaho
- Past or present employees of a REALTOR® office or Affiliate business
- Family members of Affiliates or REALTORS® that are active members of Idaho REALTORS®
*Deadline for applications is June 17, 2024 at 5:00 pm (MT)*
Submit completed applications and required attachments to:
Idaho REALTORS® Communications Director, Nick Stout nstout@idahorealtors.com.
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SAVE THE DATE: Idaho REALTORS® Convention | |
Save the date for the Idaho REALTORS® 2024 Convention, taking place in Boise at the Boise Centre, this October 1st through 4th! This week-long event will feature a variety of educational classes, keynote address, a board of directors and membership meeting, and the inaugural celebration for IR President Elect - Julie Anglesey.
This is a must-attend event for all Idaho REALTORS® looking to stay up-to-date on the latest trends and developments in the industry, network with fellow professionals, and participate in the governance of the organization.
Stay tuned for more announcements and information about early bird registration and convention details. We can't wait to see you there!
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This course will teach you how to guide your buyers through the mortgage preapproval process. The course also covers resources for addressing low credit scores, alternative financing options like first-time homebuyer assistance or low down payment programs, and how to avoid the most common mortgage sticking points in a transaction. For example, the mortgage preapproval—not just prequalification—has become key for buyers competing against multiple offers in today’s market. With the skills that you gain from this course, you will also be equipped to provide guidance on navigating mortgage applications and alternative financing options for all types of buyers. Be one of the first to earn the brand new Home Finance Resource (HFR) certification!
This course is brought to you in partnership between Idaho REALTORS® and Boise Regional REALTORS®.
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This real estate course emphasizes ethical practices and risk management, crucial for a successful career in the industry. Over two days, it offers engaging sessions on the National Association of Realtors® Code of Ethics, focusing on its enforcement and practical application in everyday scenarios. The course includes "The Fork in the Road," which explores ethical obligations, dispute resolution between agents and clients, and upholding professional standards. Another key component, "Real Estate is Risky Business," educates participants on identifying and mitigating common risks like inadequate disclosure, negligence, and misrepresentation, through proactive strategies to protect client interests and manage potential risks effectively. | | |
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GRI 101 Taxation and Investment is a crucial course for REALTORS®, covering key tax-related issues. It includes the latest updates on deductibility of real estate taxes for primary residences, changes in mortgage and home equity loan interest deductibility due to 2017 tax reforms, and revisions to IRC 1031 Exchange tax rules. The course also addresses how these changes affect deductions for real estate investment properties, vital knowledge for REALTORS® to assist their clients and manage their own finances. Additionally, GRI 101 offers strategies for buying, holding, and selling investment real estate and outlines major tax deductions for self-employed individuals, including the new 20% Qualified Business Income Deduction available from 2018.
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The Real Estate Negotiation Expert (RENE) certification is designed for real estate professionals aiming to enhance their negotiation skills. This program equips REALTORS® with advanced techniques and tools to become effective negotiators on behalf of their clients. Benefits of this certification include improved negotiation skills, insights into underlying issues in negotiations, strategies to deal with various personalities and situations, and the ability to navigate through the different objectives of parties involved in a transaction. It's an ideal program for those in real estate looking to become adept at handling complex negotiation scenarios. | | |
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The GRI 201 course, led by Rich Sands, MS, CRS, is a comprehensive program divided into two key segments: Business Planning & Technology and Sales & Marketing. In the Business Planning & Technology section, participants will learn to develop a business plan tailored to their individual style and goals, exploring the latest technology and media tools to enhance communication and efficiency in their business operations. The Sales & Marketing segment focuses on identifying new business sources by understanding consumer needs and cultural differences. It covers specialization, expertise, and resources, aiming to improve interactions with buyers and sellers. Participants will also learn to craft effective marketing strategies targeting specific consumer demands, and develop counseling techniques for client needs. The course concludes with strategies for securing repeat and referral business, equipping participants with a well-rounded skill set for success in real estate. | |
U.S. housing prices are likely to enter a long period of decline, advisory firm CEO says | | |
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By CNBC
April 2, 2024
Meredith Whitney, founder and CEO of Meredith Whitney Advisory Group, says supply-demand dynamics will probably “invert,” with supply set to exceed demand.
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