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Supporting the REALTORS® Relief Foundation |  | |
In the aftermath of Hurricane Helene and with Hurricane Milton threatening communities along the Gulf Coast, the REALTORS® Relief Foundation (RRF) is once again stepping up to provide critical assistance to those in need. The destruction and displacement caused by these events have left many families without homes or basic necessities, and RRF's commitment to helping impacted communities has never been more vital.
RRF was present at our Idaho REALTORS® Convention this year, where we reaffirmed our support for the foundation’s mission. During the week of convention, Idaho REALTORS® agreed to match up to $2,500 in member donations to RRF. Not only did individual members donate more than $2,500 for the match, organizations such as LCAR, BRR, GPAR, and IMLS all made their own significant contributions to assist RRF. These funds from donations will go directly toward providing relief for those affected by the hurricanes and other significant disasters this year.
Idaho REALTORS® is proud to partner with RRF, and we encourage our members to support their efforts. You can contribute to ongoing relief efforts and help families recover by visiting REALTOR® Relief Foundation’s website and making a donation. Every contribution, big or small, helps rebuild lives and strengthens communities.
| 2024 General Election and Wednesday Webinar with Idaho Secretary of State Phil McGrane |  | |
As the 2024 General Election approaches on November 5th, it's essential to stay informed and take advantage of your opportunity to shape the future of Idaho and our communities. Idaho REALTORS® has released its list of endorsed candidates for the upcoming election, providing guidance on those who will best represent the interests of our industry and the state.
Early voting begins on October 21st, offering a convenient way to cast your vote before Election Day. If you prefer to vote absentee, make sure to request your ballot by October 25th to ensure your vote is counted. To learn more about your local voting requirements and making a voting plan visit voteidaho.gov.
In addition, Idaho REALTORS® is excited to host a special Wednesday Webinar on October 30th at 1:00 pm MT featuring Idaho Secretary of State Phil McGrane. This webinar will offer an in-depth preview of the upcoming General Election, covering topics such as voter registration, creating a voting plan, and how you can promote voter engagement within your community. Secretary McGrane will also share key voting statistics and provide valuable insights to help you feel prepared and informed as Election Day approaches.
Join us on Wednesday, October 30th, at 1:00 pm MT for this Webinar on the election process in Idaho. Don't forget to sign up for the webinar, check your voter registration status, and make your general election voting plan. Together, let’s make REALTOR® voices heard this election season!
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This year’s Idaho REALTORS® Convention, held from October 1-4 at the Boise Centre East in downtown Boise, was a tremendous success! We were thrilled to see record attendance and to share in the excitement of our REALTOR® community coming together for an incredible week of learning, networking, and celebration.
We want to extend our sincere thanks to everyone who joined us for this year’s convention and helped make it such an incredible experience. To continue improving our future events, we want to hear from you! Please take a moment to complete our convention survey and share your thoughts on what we did well and what we can do better. Your feedback is invaluable as we start planning for 2025.
| Be On the Lookout for the 2025 Convention Pre-Sale! | |
Additionally, we have some exciting news to share—stay tuned for a special flash sale THIS FRIDAY! We will be offering a limited number of pre-sale passes for the 2025 Idaho REALTORS® Convention before they officially go on sale next year. This is a unique opportunity to secure your spot at next year’s convention, so keep an eye on your inbox and be ready to act fast!
Thank you once again for your support and for making this year’s convention one for the books. We look forward to seeing you next year in Coeur d'Alene!
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Join the Cooperative Compensation PAG!
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Idaho REALTORS® President Katrina Wehr announced the formation of a new Cooperative Compensation Presidential Advisory Group (PAG) during the General Membership Meeting on October 4th. This important initiative will begin in November and run through May 2025, providing a platform for in-depth discussion and analysis of cooperative compensation practices in Idaho.
The PAG will meet approximately once a month, either virtually or in conjunction with other in-person events, and will be composed of 13 members - chaired by Todd Davis. The PAG’s scope of work includes:
- Defining cooperative compensation.
- Assessing whether Idaho REALTORS® has the authority to eliminate cooperative compensation, absent any external factors such as court decisions or actions by the Department of Justice.
- Evaluating the justifications for maintaining or eliminating cooperative compensation.
- Considering any unintended consequences of eliminating this practice.
- Conducting surveys, polls, and outreach to gather member and broker sentiment on this issue.
- Providing recommended actions to the Idaho REALTORS® Executive Committee regarding cooperative compensation in Idaho.
This is your opportunity to get involved and help shape the future of real estate practices in Idaho. If you’re interested in participating, please sign up and let your voice be heard.
Sign up today and join the conversation! Stay tuned for more details on how you can get involved and be a part of this vital discussion.
| Introducing the 5x25 PAG—Shaping the Future of Idaho REALTORS® Facilities |  | |
During the General Membership Meeting on October 4th, IR President Katrina Wehr introduced the new 5x25 Presidential Advisory Group (PAG), which will focus on planning and optimizing Idaho REALTORS® facilities to support our organization’s growth and evolving needs.
The purpose of the 5x25 PAG is to address five critical questions about our current and future facilities before December 31, 2025. The group will work to assess our needs, explore renovation options for the existing building, and determine if purchasing a new facility would be more beneficial in the long term. The PAG’s findings and recommendations will help guide Idaho REALTORS® in making strategic decisions to better serve our members for years to come. The 5x25 PAG will be chaired by Mark Jones and consist of 3 REALTORS® from each of Idaho’s districts. The PAG will address the following key questions:
- What are our current facility needs?
- What are our future or projected facility needs over the next 25 years?
- Is renovation of the existing building a viable option? Are previous renovation plans still relevant, and under what scenarios would renovation be the better option?
- Under what scenarios should Idaho REALTORS® purchase a new building?
- What is the PAG’s recommendation? What are the next steps we should take?
This is an exciting opportunity for Idaho REALTORS® to proactively plan for the future and ensure our facilities can support us for decades to come. Sign up today to volunteer to join the 5x25 PAG.
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Upcoming Courses
December 3rd-4th
GRI 202 - Contracts in Real Estate Transactions; Negotiations
Hosted at Pioneer Title Company, Boise ID
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This course offers an extensive understanding of basic contract law and its relevance to real estate professionals. Key topics include the unauthorized practice of law, various types and validity of contracts, and a detailed exploration of contract elements. It also delves into the parole evidence rule, requirements for legally competent parties, distinctions between unilateral and bilateral contracts, mutual agreement, and concepts of assignment/novation. Additionally, the course covers contract breach, misrepresentation, and practical aspects of real estate contract preparation, equipping participants with vital legal knowledge for their field.
| Code of Ethics Reporting Due December 31st | REALTORS®, the deadline to complete your NAR Code of Ethics training is approaching fast—December 31st, 2024. This training is a vital part of maintaining your REALTOR® membership, ensuring that all members uphold the highest standards of professionalism and ethics in the industry. Failing to meet this requirement could result in suspension or termination of your membership. Stay compliant and check your training status today. Visit our website for more details on how to complete your ethics training. | |
ACCEPTING Applications: Apply for an IR Committee Today | |
Are you interested in serving on an IR Committee in 2025? Please complete and submit a committee application form to get involved in making a difference in your association!
Submission Deadline is Tuesday, November 1st, 2024 at 5pm MT
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Sign Up for REALTOR® Party Mobile Alerts! | |
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REALTOR® Party Mobile Alerts, NAR’s advocacy texting platform, offers REALTOR® Associations and REALTORS® a way to stay connected directly from their cell phone or tablet.
When a national or state legislative call for action is launched, subscribers get a short text message, containing information to take action.
REALTORS® can sign up for REALTOR® Party Mobile Alerts using this form or by texting the word REALTORS to 30644.
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Mortgage rates rise again as consumer confidence in housing hits highest level in over two years | | |
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By CNBC News
October 7, 2024
CNBC’s Diana Olick joins ‘The Exchange’ to report on mortgage rates rising again after a surge on Friday.
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Stay Connected With Us on Social Media! | | | | |
