Weekly Notices
October 6, 2017
       
 
   
2018 SAR Initial Slate of Candidates

  
 
 
 
 
Your SAR Nominating Committee is pleased to announce its initial slate of candidates for 2018 SAR leadership:  
 
PRESIDENT-ELECT
No qualified nominations submitted
          
TREASURER
David Crosby , EXP Realty
 
SECRETARY
Jack Kestell , Kestell Company
 
DIRECTORS
Eric Etzel , Choice Realty
Cynthia Gustafson , John L. Scott Spokane, Inc.
Britney Inglis , Real Estate Marketplace NW, Inc.
Lee McIntyre , 4 Degrees Real Estate
Gina Mosey , RE/MAX Inland Empire
Abbey Parsons , Coldwell Banker Tomlinson  
Bill Richard , Keller Williams Spokane - Branch
Taylor Ward , Synergy Properties
            
   
In accordance with Article XV, Section 15.2 of the Association Bylaws, additional candidates may be nominated by the REALTOR® members. 
 
For those wishing to nominate a REALTOR® member for an Association Officer or Director position, Nominating Petitions will be available from the Association office Monday, October 2nd, through Monday, October 16th. Deadline to return petition is Monday, October 16th!
 
    
ALL VOTING WILL BE DONE ELECTRONICALLY!

You will receive Notice on Friday, October 20th, of the "Final Slate of Candidates." 

Voting begins on Monday, October 23rd.

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 8th, 4:30 p.m.
 
Our new leaders will be announced at our Annual Membership Meeting on Thursday, November 9th, at CenterPlace Regional Event Center.

 
 
  
REALTOR® Party Mobile Alerts 








 
            
     
  
Lunch & Learn: Home Warranties  

 
            
What is a Home Warranty and how can it help your business?  We're glad you asked.  The answer will be revealed at the next Lunch and Learn!
 
Monday, October 23rd
Noon to 1:30 p.m. - free lunch!
with Russel Frans, Old Republic Home Protection 
 
 
 
See the event flyer (pictured above), online here.
     
 
    
Lunch & Learn: Business Tax Strategies
 
 
 
 
 
Join us for a "Breakfast and Learn" about proven business tax strategies for the real estate professional on Thursday, November 16th!
 
9 a.m. to 11:30 a.m. at the SAR. 
 
Learn how to keep more commissions and pay less taxes this year. 
 
Coffee, water, and donuts will be provided - or bring your own to enjoy while you feed your mind.
 
 
 
See the event flyer (pictured above), online here
 
 
    
The Little Red Book of Safety
 
   
 
 
The popular Little Red Book of REALTOR® safety rules is newly updated and available, now, in the REALTOR® store.
 
This product was created with input from nearly 1000 NAR members.  
 
Tips are presented in a fun, light-hearted way with realistic advice from REALTORS® that can be used by new agents or the seasoned professional.   
 
It includes:
  • *Safety Philosophy -10 Tips
  • *Identity Protection -18 Tips
  • *Cyber Safety -13 Tips
  • *Personal Safety Protocol -14 Tips
  • *Open House Safety -19 Tips
  • *Safety and Your Clients -12 Tips
  • *Best Advice You've Ever Received -17 Tips

 
Visit the REALTOR ® store now for this and other exclusive products, online here
  
  
  
Education Excellence & Quarterly Meeting

 
 
 
 
Thursday, November 9th
 
National Speaker
REALTOR®
Instructor
Social Media
Technology Devotee 
 
It's "not your typical technology class."  That, and our final Quarterly Membership Meeting of the year.
 
Learn about customer/client service through use of technology and mobile apps, online service and communication, video and its use in real estate business model, and community service.  It's a 7.5 clock hour class with lunch break.   
 
$40 for everything - if you register by November 3rd.  Or, join us just for lunch and the meeting for $20.
 
There's much more, so check out the details in the class flyer (pictured above), online here.
 
 
 
 
 
 
  
  
  
New NAR Member Benefit

 
 
 
NAR is proud to announce that your member benefit package is now expanded to include discounts on select Alfa Romeo vehicles.  
 
The program is the first of its kind and includes a $500 cash allowance on the purchase or lease of the all-new Alfa Romeo Giulia and Stelvio (pictured above).  
 
REALTORS®, Association staff and eligible family members are able to take advantage of this exclusive $500 savings opportunity.
 
Find out more online here.
 
 
 
  
  
  
2017 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 2017.

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.
 
 
   
   
 
Core Curriculum 
Core Curriculum
 
NEXT WEEK!  
 
Tuesday, October 10 - Core Curriculum - with Sabrina Jones-Schroeder.
 
Check-in: 8:15 a.m.
Class: 8:30 - 11:30 a.m.
at the SAR
 
3.0 clock hours
 
 
 
 
The Nekkid Truth - Six Principles for Building a Real Estate Business for a Fulfilling Real Estate Career 
The Nekkid Truth
Six Principles for Building a Real Estate Business
for a Fulfilling Real Estate Career
 
 
 NEXT WEEK!
 
Wednesday, October 11 - The "Nekkid" Truth: Six Principles of Building a Real Estate Business - with Linda Miller Sheets.
 
Check-in: noon
Class: 12:30 p.m. - 4:30 p.m. at the SAR
4.0 clock hours 
 
 
 
 
 
 
NEXT WEEK!
 
Friday, October 13 - Power of Strategy - know the options available and profit (1031 Exchange) - with Annamarie Kooning, Northwest Division Manager with Asset Preservation, Inc..
 
Check-in: 8:30 a.m.
Class: 9:00 a.m. to noon
at the SAR
 
3.0 clock hours
 
 
 
 
 
Land and Rural Acreage 200: Rural Land
Land and Rural Acreage 200: Rural Property
 
Tuesday, October 17 - Land and Rural Acreage 200: Rural Property - with Jim Palmer, Jr.
 
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 430 p.m.
at the SAR
 
7.5 clock hours 
 
 
 
 
 
The Truth about Negotiating
The Truth about Negotiating
 
 
Wednesday, October 25 - 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
 
 
 
 
 
In This Issue
2018 SAR Initial Slate of Candidates
REALTOR® Party Mobile Alerts
Lunch & Learn: Home Warranties
Lunch & Learn: Business Tax Strategies
CRS Sell-a-bration
Education Excellence & Quarterly Meeting
New NAR Member Benefit
2017 REALTOR® Education
SAR CALENDAR
Police Impersonator
Seller's Remedies Provision
Clubhouse Winner
CRS Sell-a-bration
Don't Raise Taxes on Homeowners
Market Activity Report - September - NEW!
Member Roster Update - September

SAR CALENDAR

 

Click on the calendar image below to see

the current SAR calendar showing dates and times

of classes, committees and events. 

 
 
 
 
 
Police Impersonator 






The Spokane Police Department shares word that it is getting reports of police impersonators operating in North Spokane.

The two male suspects are said to ring on front doors, display wallets with flip-out badges, inform homeowners of recent burglaries in the area, then ask to come in and look around.

The department says its Police Officers will not come to your house and simply ask to "look around." 

If you ever have any question as to the legitimacy of the Police Officers you have contact with, please call Crime Check at (509) 456-2233.

Read the city news release on this matter online here.


 
            
     
  
Seller's Remedies Provision 





Washington REALTORS ® Legal Hotline attorney Annie Fitzsimmons begins a four-part video series, this week on Financing Provisions.

In this first video, Annie discusses the Seller's Remedies Provision - what it does and what it would be like without it.

See the seven-minute video online here:


 
            
Seller's Remedies Provision
Seller's Remedies Provision

     
  
Clubhouse Winner


 
     
SAR member Mike Crowley is this month's winner of three-months complimentary MLS fees.  His name was drawn from all September volunteers at the Children's Clubhouse at Sacred Heart Medical Center.

"The clubhouse takes just three hours a month, they are flexible with your schedule, make it easy to park for free, and the families and children are always thankful - that is what makes it worth the effort."
 
Mike Crowley
Spokane Home Buyers
 
 
If you're a Clubhouse volunteer, be sure to sign in at the Clubhouse each time you volunteer to be included in next month's drawing.
 
If you're not a Clubhouse volunteer, contact Tom Clark for more information.

 
  
  
  
CRS Sell-a-bration

 
 
 
 
The brightest stars in residential real estate will head to Dallas, Texas, February 5-6, 2018, for two days of unparalleled networking opportunities, business-building strategies, and the chance to hear insights from the top-producing agents and industry leaders.
 
Sell-a-bration is the only event in the industry that is specifically for CRS Designees and Candidates, as well as anyone interested in world-class real estate education.  
 
This annual event attracts hundreds of top-producing REALTORS® seeking to improve their business and increase their referral networks through high-quality education and networking. 
 
Find out more online here.
 
 
  
  
  
Don't Raise Taxes on Homeowners 





As Congress begins to reform our tax code - remember - homeowners already pay 83% of all federal income taxes.

Download this new poster from NAR, online here.

       





     
NAR shares these facts on the Mortgage Interest and Real Estate Tax Deductions in Washington state
 
Of the approximately 1,655,000 owner-occupied houses in Washington in 2014, 1,142,000 or 69% had a mortgage.
 
In 2014, 826,200 taxpayers in Washington claimed a deduction for mortgage interest (MID). The total amount deducted was $8,538,526,000. This means that the average taxpayer claiming the MID subtracted $10,350 from taxable income in 2014 as a result of the MID.
 
At a marginal rate of 25 percent [1], this means that the average taxpayer saved $2,580 in taxes as a result of the MID. The total tax savings from the MID in Washington in 2014 was $2,134,631,500.
 
In 2014, 930,000 taxpayers in Washington claimed a deduction for real estate taxes. The total amount deducted was $4,128,491,000. This means that the average taxpayer claiming the real estate tax deduction subtracted $4,450 from taxable income in 2014.
 
At a marginal rate of 25 percent [2], this means that the average taxpayer saved $1,110 in taxes as a result of the real estate tax deduction. The total savings from the real estate tax deduction in Washington in 2014 was $1,032,122,750.
 
If the MID and real estate tax deductions were eliminated, the loss would not be a one-year event; homeowners lose out on these potential savings each and every year. The present value [3] of these lost savings could total $81,198,826,900.  
 
The value of all owner-occupied real estate in Washington in 2014 was $538,574,942,200. If the lost tax savings are fully capitalized into the price of houses, the average decline in value in Washington could be 15%.  
 
From the individual perspective, the median priced home in Washington in 2014 was $283,200. A decline in value as projected could mean a loss in home value of $42,700 for the typical home owner.
 
 

[1] Marginal rates range from 10 to 35 percent.
[2] Ibid.
[3] Present value calculation assumes 3.9 percent discount rate and 1000 year time horizon.
 
Sources for the data above include: Internal Revenue Service 2014, American Community Survey 2014, National Association of Realtors® 2014; All calculations are by the National Association of Realtors® Research Division, July 2017.
   

Market Activity Report - September      

    
 
NEW!
   


The SAR Market Activity Report for September is now online.
 


See the latest full report - a member-exclusive product - and archived full reports - online here.



 
     
 
 
         

See the September 2017 Snapshot Report (pictured above) online here.

  

 

 

 

 

   



   

See the 2017 Year-to-date Snapshot Report (pictured above), online here.

 

 

 

   

   

 

Member Roster Update - September   
 

Updated September 2017

Click here to view the latest Member Roster Update - approved by the Board of Directors.


Click here to view the latest list of MLS Subscription Waivers - approved by the Board of Directors.  


   
Send a message to Brenda at the SAR with any changes.  



Presented by your

Spokane Association

of REALTORS®  

 

Find us on Facebook 

 

 
See what's NEW at
    
 
Click here!  
  
Quick Information
2017 SAR Leadership


This weekly newsletter is a member benefit of the

SPOKANE ASSOCIATION OF REALTORS®
  1924 North Ash Street 
Spokane, Washington 99205
T: 509. 326.9222
F: 509. 324.8650

REALTOR Logo