WEEKLY NOTICES - May 4, 2018 - Open House Weekend Award Winners!

Weekly Notices

May 4, 2018

2018 Open House Weekend Award Winners!

We had 196 participating open houses in our Open House Weekend this past weekend.

This exceeds last year's open house count of 156.

We had 551 certified eligible contest entries.

Congratulations to all members who participated in our eighth-annual event!

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THANK YOU

to our generous sponsors!

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PRIZES

Congratulations to this year's prize winners:

$1,000 public grand prize (drawn from among all contest entries), gift card from The Tin Roof:

Mechelle Doughty from Spokane

$500 REALTOR® grand prize, for the listing broker of the open house from which the public grand prize is drawn, as a gift card from The Tin Roof:

Cathy Thomas, Exit Real Estate Professionals

$500 public secondary prize, drawn from among all contest entries, as a VISA gift card sponsored by Spokane Federal Credit Union:

Martha Thornton from Spokane

$100 REALTOR® participation prizes will be given to 10 members drawn from all brokers who held open houses during the event:

Mark Mors, Kestell Company REALTORS

Tanya Tyler, Keller Williams Realty Spokane

Ginifer Wallace, Keller Williams Realty Spokane

Gwen Arrand, Exit Real Estate Professionals

Kristine Hanson, Coldwell Banker Tomlinson Valley

Steve Ranniger, Coldwell Banker Tomlinson Valley

Corrie MacAllister, Exit Real Estate Professionals

Molody Dodderer, Keller Williams Realty Spokane

Ryan Gustafson, Windermere Liberty Lake
Patti Boyd, Century 21 Beutler and Associates

The winners were drawn from a basket at the Washington REALTORS® Road Show at CenterPlace in Spokane Valley on Wednesday, May 2nd.

Watch the Facebook Live video of the drawings online here:

The Spokesman-Review created two special editorial sections for its Saturday and Sunday editions over our Open House weekend.

Both are chock-full of fresh articles and new photographs created exclusively around the event.

See both inserts online here (click on each image to load that document):

The Voice for Real Estate

Brokers and associations face changes to their websites and other data collection activities as a European Union rule to protect privacy takes effect.

AMC-ordered appraisals don't overvalue property at a higher rate than appraisals ordered by lenders.

A two-year goal for federal environmental reviews for infrastructure projects are ambitious.

Sales are up for the second month in a row.

REALTORS® will be focusing on tax policy changes, Fair Housing, Net Neutrality, and flood insurance on their visits to members of Congress in mid-May for the REALTORS Legislative Meetings in Washington.

Watch the latest edition of The Voice for Real Estate (eight minutes) online here:

The Voice for Real Estate #85

Legal Hotline: Winning the Offer Battle

NEW!

Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons is back with Part 4 of her new video series: Winning the Offer Battle Without Losing the War.

In this video, Annie discusses buyers who need financing but don't want to include a financing contingency in their offer in order to make the offer more attractive.

What are the risks to buyer and buyer's broker?

Annie gives points to consider before proceeding in this manner.

Her nine-minute video is online here:

The Risks of Not Including Financing Contingency when Buyer is Reliant Upon Financing

PART 3:

Brokers have been writing some pretty unrealistic closing dates (a "fast" closing) on their Buyer's offers in the hopes of making their offer stand out to the Seller.

In this episode, Annie goes over potential risks for the Buyer.

Watch the six-minute video online here:

Brokers Writing Unrealistic Closing Dates
on Buyers' Offers

PART 2:

In this video, Annie talks about which line on Page 6 of Form 17 buyer should sign.

Watch the 10-minute video online here:

Winning the Offer Battle without Loosing the War

Part 2

PART 1:

In part 1 of this series, imagine that your buyer cast too much caution to the wind and found themselves forfeiting earnest money, or maybe regretting having paid too much for the property, or possibly found that the property was riddled with conditions that they weren't aware of.

If your buyer loses that battle, you as the agent could be the collateral damage in the loss of that war.

Buyer might be likely to blame you saying that you failed to caution them sufficiently about the risk they were undertaking.

Annie wants to talk about some of the standards that are considered to be buyer protections.

See Annie's new seven-minute video online here:

Winning the Offer Battle without Losing the War
Part 1

Lunch & Learn: Home Warranties

Monday, May 14th

Join an informative and fun mid-day panel discussion on home warranties, featuring three of the most knowledgeable local experts in the business: Russel Frans, Beale Luebben, and Kelly Quinn.

Monday, May 14th at noon at the SAR.

See the event flyer with more information online here.

HUD Homes Sales Training Event

Monday, May 21st

The U. S. Department of Housing and Urban Development (HUD) invites you to a free HUD homes sales training event on Monday, May 21st, at the SAR.

This local training will touch on the Good Neighbor Next Door program, new e-signature process, and financing as-is homes with FHA or conventional financing.

Afternoon snacks provided; drawing for a $100 VISA gift card!

See the event flyer with more information online here.

Lunch & Learn: Manufactured Homes

Monday, June 4th

Brokering the purchase and sale of a manufactured homes puts you in a different world than traditional site-built homes.

Find out more about manufactured homes with Angie DeArth at our next Lunch & Learn at the SAR on Monday, June 4th.

Find out more online here.

Real Estate Survey

Our friends at The Spokesman-Review would like to hear your opinions on real estate!

This survey is aimed at understanding the advertising wants and needs for REALTORS ® in the Spokane area.

The Spokesman Review want to know how it can best serve you in your search for the right buyers.

This survey should only take about 5 minutes to complete.

Be assured that all answers you provide will be kept in the strictest confidentiality..

2018 REALTOR® Education

CONTINUING EDUCATION

Quality of Education

through SAR/WR Education Instructors

Here is the latest class listing from your SAR - offering the best live and local continuing real estate education classes for 2018.

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.

The U. S. Department of Housing and Urban Development (HUD) invites you to a free HUD homes sales training event on Monday, May 21st, at the SAR.

This local training will touch on the Good Neighbor Next Door program, new e-signature process, and financing as-is homes with FHA or conventional financing.

Afternoon snacks provided; drawing for a $100 VISA gift card!

See the event flyer with more information online here .

What Else Do We Need - PSA Addenda

Tuesday, May 22 - What Else D o We Need...PSA ADDENDA - with Sabrina Jones-Schroeder.

Check-in: 8:15 a.m.
Class: 8:30 a.m. to 3:30 p.m.
at the SAR

6.0 clock hours

The Truth about Negotiating

Wednesday, May 23 - The Truth About Negotiating - with Linda Miller Sheets.

Check-in: 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

Thursday, May 24 - Code of Ethics Standards for Success - with Linda Miller Sheets.

Check-in: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR

7.5 clock hours

Code of Ethics - Standards for Success

Thursday, June 7 - Code of Ethics Standards for Success - with Linda Miller Sheets.

Check-in: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR

7.5 clock hours

The "Nekkid" Truth

Friday, June 8 - The "Nekkid" Truth: Six Principles of Building a Real Estate Business - with Linda Miller Sheets.

Check-in: 8:15 a.m.
Class: 8:30 a.m. to 12:30 p.m.
at the SAR

4.0 clock hours

Core Curriculum

Friday, June 8 - Current Issues in Washington Residential Real Estate - with Sabrina Jones-Schroeder.

Check-in: 1:00 p.m.
Class: 1:30 p.m. to 4:30 p.m.
at the SAR

3.0 clock hours

SAR CALENDAR

Click on the calendar image below to see

the current SAR calendar showing dates and times

of classes, committees and events.

Other regional calendars:

VisitSpokane Events Calendar

Spokane Diversity/Cultural Calendar (MAY)

The Spokesman-Review Events Calendar

Inlander Events Calendar

Condolences

The SAR extends its sympathy and condolences to the friends and family of Steve Flinn (pictured), formerly with Coldwell Banker Tomlinson North.

Always very involved in association leadership, Steve was President of the Spokane Association of REALTORS® in 2001, was a Washington REALTORS® state director for 12 years, and was an NAR director for 3 years.

Steve was a past recipient of the Washington REALTOR® of the Year award.

Services will be held on Sunday, May 6, 2018 at 4:30pm at Foothills Community Church, 11102 N Forker Rd.

The SAR extends its sympathy and condolences to the friends and family of Delana Erickso n (McKenzie) (pictured), formerly with Kestell Company.

Delana passed suddenly on April 13, 2018.

There will be a celebration to honor and remember her at Darcy's Restaurant in the University city mall at Sprague and University on Sunday, May 20th, from 11:00 a.m. to 1:00 p.m.

RSVP's would be appreciated through FaceBook, either through Denise or Misty Kestell or Kathrynn Bryant.

The Question #1 - Results

THANK YOU to the 731 members who responded to our first edition of "The Question!"

We asked:

THE QUESTION - MARCH/APRIL

Of these three things, what is the most important to you?

Technology

Legal, Governmental / Public Policy, Regulatory Issues affecting REALTORS®

Effective Communication between the SAR and Membership

Your top answer: Technology (see graph below).

Congratulations to member Alex Biggs, Kelly Right Real Estate of Spokane, who wins complimentary 3rd Quarter MLS Fees ($132.00), as drawn at this week's Board of Directors' meeting from among all answers to the question.

NEXT STEPS:

A Presidential Advisory Group (PAG) is now reading through all of the narrative responses and will forward those to appropriate committees and staff for follow-up.

Then, the PAG will draft a new question to help us continue to improve your association!

Spring Business Conference Report

Washington REALTORS® held its 2018 Sprint Business Conference at the Seattle Airport Marriott, last week.

Members in attendance elected 2019 association leadership, announced 2018 Washington REALTORS® Awards, and met in various committees to discuss association business.

See the full conference report (pictured above), online here.

Bloomsday

Spokane's traditional right of spring returns this weekend with the 42nd running of the Bloomsday road race.

Much of downtown Spokane will be closed beginning Saturday evening as the city prepares to welcome nearly 50,000 people to run, walk, and roll their way through the 12K (7.46 mile) race course.

The VisitSpokane Bloomsday site is online here.

Visit the Bloomsday website online here.

Code of Ethics

CODE OF ETHICS

24% compliance

Only about 1/4 of all SAR members are currently in compliance with NAR's two-year Code of Ethics requirement.

That means 75% of all SAR members are not!

A Code of Ethics class is required by the National Association of REALTORS®, to be completed once every 2 years.

This latest 2 year cycle started on January 1, 2017 and runs through December 31, 2018.

New SAR Members must take the 7.5 hour Code of Ethics class at the SAR.

Existing members may take any Code of Ethics class at the SAR or through NAR.

NAR offers Code of Ethics classes online at no charge however no clock hours on the free classes but the free classes fulfill the 2 year requirement - online here.

NAR also offers a clock hour Code of Ethics class for a fee and that class also fulfills the 2 year requirement.

If you take the COE class through an online school,
besides NAR, then we will need you to submit a copy of your completion certificate to the SAR so we can document that you have completed the requirement.

2018 SAR REALTOR® Awards

NEXT WEEK!
Thursday, May 10th

The winners of the 2018 Spokane REALTOR® Awards will be announced at the association's annual Awards Luncheon on Thursday, May 10th, at the Red Lion River Inn.

The winners of our Third Grade Essay/Poster contest will be announced along with these REALTOR® awards:

2018 REALTOR® of the Year
Steve Flinn REALTOR® Achievement
REALTOR® Community Service
Affiliate of the Year
Partner of the Year
Spokane's Citizen of the Year

Registration is available now, online here:

Legislative Reception

Thursday, May 17th

The Spokane Association of REALTORS® will be partnering with its friends at the Spokane Home Builders Association on a Legislative Reception Thursday, May 17th.

This is your opportunity to talk directly with local elected officials about the most pressing issues facing the real estate and homebuilding industries - issues that directly affect your business and your bottom line.

Read more about this event and register online here.

REALTORS® Conference and Expo

Registration open now!

The REALTORS® Conference & Expo is the largest annual event for the most successful real estate professionals.

The event takes place every November across a four-day weekend, Friday through Monday.

This year's event is November 2-5 at the Boston Convention & Exhibition Center (BCEC) in Boston, Massachusetts.

Visit the event website to learn more and to register online here.

10 Minute Class

Ten minutes is all that stands between you and an understanding of how REALTOR® Property Resource (RPR) can boost your business - and you can do it online, whenever you wish!

RPR is an exclusive benefit of your NAR membership.

Find out more online here.

Member 2 Member

Vista Title & Escrow invites you to help welcome Danielle Van Riper to Team Vista!

Danielle is born and raised in Spokane and has two boys, two dogs, and a passion for going off the grid.

Danielle will be our newest LPO/Closer with over 10 years experience in title, escrow, closings, real estate, lending, and superb customer service.

Welcome to the team Danielle - we are so thrilled to have you!

Also, help welcome their newest team member Dawn Hale.

Dawn is born and raised in Spokane and has 15 years of local escrow experience.

She comes from a family who have all made careers in our industry.

Dawn has been married nearly 23 years with 3 children.

To wind down, she likes to read, travel to the Oregon coast, and attend concerts.

Dawn joined Team Vista because of the forward-thinking positive attitudes of the people that work here.

She looks forward to helping you and your clients getting deals closed and achieve the dream of homeownership!

Saturday, May 19th

Windermere North shares word that it will be holding a Meals on Wheels Pet Food Drive on May 19th.

The event will raise awareness of this community need, as well as secure donations of pet food and cash to support the pet food needs of nearly 100 local seniors.

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

Member Roster Update - April