Weekly Notices
Friday, April 16, 2021
   
 
   
 
QUICK LINKS: 

SAR Releases Housing Needs White Paper 
         
 
 
NEW!

The housing supply in the Spokane continues to fall to record low levels at all pricing points.

In February of 2021, we gathered the top minds in the industry at the national, regional, and local levels to provide a market-based analysis of housing needs for our region.

This white paper serves as a guidepost that provides a full picture of the true need for housing, the impacts of housing policies in our region, the needs of Spokane, what residents want, the influence of buyer migration from larger metro markets, a history of under-supply and the social impacts to our community.

Learn the key findings and meet the experts behind the White Paper online here.










A recording of the Spokane Region Housing Needs Summit is online here:

The Spokane Region Housing Needs Summit
The Spokane Region Housing Needs Summit




    
2021 SAR REALTOR® Awards Nominations 
         
  
NEW!
Deadline: June 1st
 
 
Applications are now being accepted for all 2021 SAR REALTOR® Awards!  
 
You and your REALTOR® colleagues will decide who will be our honorees for:
 
2021 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
   
The deadline by which you must submit nominations to the SAR for them to be considered is Tuesday, June 1st.
   
 
 
 
   
 
 
 
The 2021 SAR REALTOR® Awards will be announced and presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.  
 
More details to come! 
 

 
 
 
2020 Gary Fox Memorial Award 
         
  
 
NEW!
Deadline: June 1st
 
Nominations are now being accepted for the 2020 Gary Fox Memorial Designated/Managing Broker Award.
 
This award recognizes a Designated Broker or Managing Broker who serves as an example of loyalty, ethical behavior, and leadership in the real estate profession.
 
The deadline to submit applications to the SAR is Tuesday, June 1st.
 
 
 
 
 
The 2020 Gary Fox Memorial Designated/Managing Broker Award honoree will be announced and presented  at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.  
 
More details to come! 
 
 
 
 
2021 James S. Black Memorial Scholarship 
         
 
 
NEW!
Deadline: June 1st
 
Applications are now being accepted for the 2021 James S. Black Memorial Scholarship.

This scholarship helps members pay for tuition and expenses leading to professional designations such as GRI, CRS, CPM, SIR, or MAI. 
The deadline to submit applications to the SAR is Tuesday, June 1st.
 
 
 
 
 
 
The 2021 James S. Black Memorial Scholarship will be announced and presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.
More details soon! 

   
 
 
2021 SAR Legacy of Service Award 
         
SAR-100-Badge
   
 
NEW!
Deadline: June 1st
 
Your SAR is now accepting nominations for its 2021SAR Legacy of Service Award.
 
This award is created as a "Lifetime Achievement" award to honor those REALTOR® members who are respected in our profession by colleagues and serve our profession through various Association committees.
 
Additionally, this award honors those who spend the majority of their years as active REALTORS® mentoring newer members, helping to define regulations within our field, all the while giving back to the community.
 
The deadline to submit nominations to the SAR is Tuesday, June 1st.
   
 
 
 
 
 
 
 
The 2021 SAR Legacy of Service Award will be presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th    
 
We'll have more details to share soon! 
     
 
 
April is Fair Housing Month 
         
  
NEW!
 
 
 
Rolling through your day on autopilot?

Just because it's second nature, doesn't mean it's right.

Slow down and make sure you're providing equal service to all.

April is Fair Housing Month and a great time to affirm you're helping to build thriving, inclusive communities. Fair housing impacts all NAR members, all markets, and all neighborhoods.

Check yourself. Educate yourself. Hold yourself accountable.

Because That's Who We R®.

 
 
Download the 2021 Fair Housing poster (pictured above), suitable for posting in your office, online here.
 
 
Visit NAR's Fair Housing page online here.  
 
 
 
Forms Revisions: Form 35E and Form 22AD 
         
 
 
NEW!
 

Annie Fitzsimmons breaks down the 2021 New Forms and Forms Revisions in this new video series.      
   
In Part 5, Annie covers revisions to the Form 35E and 22AD - both have NEW revisions that were released this past Monday, April 12th.
 
Annie breaks down what those specific changes are.  
 
See her new eight-minute video online here:
 
 
 
Forms Revisions, Part 5: Form 35E and Form 22AD
Forms Revisions, Part 5: Form 35E and Form 22AD
 
 
 
 
 
 
See previous videos in this series on the Washington REALTORS® YouTube channel, online here
  
 
 
 
 
NAR: Tech Edge 

 
Tuesday, April 27th  
 
 
Get the edge on tech for your real estate business with Tech Edge from the National Association of REALTORS®!
 
This event typically adds the cost of travel, lodging, and meals to gain the experience, but not this year - it's virtual! 
 
NAR is excited to bring back Virtual Tech Edge on April 27, 2021 - don't miss your chance to attend before we go back live!  
 
This event will teach REALTORS® to become tech-savvy in today's quickly changing digital and tech world.  
 
It will cover topics such as:
  • Wire fraud
  • Data privacy
  • Phishing, vishing, and smishing
  • Best practices for virtual showings and open houses
  • Using virtual reality technology
  • Social media platforms
  • Efficient online content creation
  • Using video
  • Podcasting



SAR Professional Development 

 
SAR Professional Development 
 
   
 
Please be in touch with Tami at the SAR if you have any questions about classes or your license education requirements, by phone at 326-9222 or by email.
 
 
 
 
 
 
NEXT WEEK! 
 
 
Purchase & Sale with Sabrina Jones Schroeder 
 
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!
 
Two day Zoom class - both days required
 
Tuesday, April 20th; 8:30 a.m. - 12:30 p.m.
- and -    
Thursday April 22nd; 8:30 a.m. - Noon
 
This mandatory course will include: An introduction and discussion of intentions, goals and purposes in properly completing the new Purchase & Sale Agreement; the deposit, parties and property; financing and the financing contingencies, title insurance and transfer and inspections; representations and disclosure; and remaining provisions.
 
This class must be taken once every four years. 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Power of Strategy: Build Real Estate Wealth with 1031 Exchanges!  
(Zoom class)
 
Wednesday, April 28 th
9:00 a.m. - 12:00 p.m.
3.0 clock hours
 
Annemarie Kooning with TriCity Association of REALTORS® will share how you can win more business and earn more commissions:
 
* What is a Section 1031 Exchange
* Exchange Trends: The Perfect Storm
* Exchange Misconceptions
* 4 levels of Capital Gains Taxes
* How Equity Grows with a 1031 exchange
* Qualifying properties: more than you think
* How long to Hold
* Rules and Restrictions
* Moving into an exchanged property
* The Super Tax Break
* How to unlock a Sale 
 
 
 
 
 
 
 
 
 
What Else do we need.. PSA Addenda with Sabrina Jones-Schroeder
 
Tuesday, April 27th - 9 a.m. to noon
- and -  
Thursday, April 29th - 9 a.m. to noon
6.0 clock hours 
 
This course focuses on the addenda which might be added to a Purchase & Sale Agreement - the foundation of the transaction between the buyers and sellers of real estate. Understand the importance of using our local forms including the Spokane Addendum & the Spokane Buyer Representation Agreement. Plus, much more.
 
 
 
 
 
 
   
 

 
 
Enter code 199WB and get
all of 2021's webinars for $199!
 
 
 
   
 
 
 
 
In This Issue
SAR Releases Housing Needs White Paper
2021 SAR REALTOR® Awards Nominations
2020 Gary Fox Memorial Award
2021 James S. Black Memorial Scholarship
2021 SAR Legacy of Service Award
April is Fair Housing Month
Forms Revisions: Agency Disclosure
NAR: Tech Edge
SAR Professional Development
SAR CALENDAR
Condolences
SAR Advocacy Campaign
WR Spring Business Conference
Demand is Overwhelming
HUD REALTOR® Case Studies
Implicit Bias
2021 NAR Legislative Days
RPR®: Geographical Farm
WCR: Top Golf Swing Suite
SAR Member Roster Update - March
SAR Market Activity Report - March

SAR CALENDAR
 
Click on the image below to see
the current SAR calendar showing dates and times
of classes, committees, and events. 
Condolences 


The SAR family sends its condolences to the family and friends of Richard "Dick" Barrett (pictured at left), who passed away this week (April 12th).

Dick was the SAR Executive Officer for 13 years, from 1970-1983. He was instrumental in securing the building the SAR calls home today.


Read an article about Dick's life in The Spokesman Review online here, and Dick's obituary online here.




SAR Advocacy Campaign 

NAR photo
 
 
NEW!
Seeking clients to appear on TV 
 

 

Your SAR is working with KXLY-TV to create and share a series of client vignettes on home ownership.

Specifically, we'd like to find a half-dozen recent homeowners to talk about why they chose home ownership and what about it they find satisfying and enjoyable.

Please check with your client(s), then email name(s)  and contact information - and a brief description of why they would be good to feature - to:
WR Spring Business Conference 

 
  NEXT WEEK!
FREE!
April 19-23

 

 

Register for the Virtual Spring Business Conference for FREE!

Registration, meeting times, guest speakers, and conference events have been posted to our website.

Please note that links to join specific meetings will not be posted until the week before conference.

WR will also email attendees a daily schedule with links and meeting materials.

All available details and a registration link are online here:



Demand is Overwhelming 

 
 
NEW!
 
Right now, local realtors are weighing in saying one of the biggest factors as to why home prices are skyrocketing is because the demand is overwhelming and the supply just cannot keep up.

Spokane County's median home price soared to its highest level in history in March 2021.

Right now, the median home price in Spokane County is just under $342,000 which is nearly a 18% increase since March 2020 when it was just $289,000.

Watch the report on KHQ-TV online here.



HUD REALTOR® Case Studies 

 
 
 
FREE!
Tuesday, April 27th; 10 a.m.
 
 
Washington REALTORS® continues its Fair Housing Series with a FREE event to share HUD REALTOR® case studies.  
 
Lynn Grosso and James Kordich from U.S Department of Housing and Urban Development (HUD) will cover recent REALTOR® issues and case studies as well as new issues such as sex/gender protections.  
 
The webinar is free and open to all members.
 
 
 
   
Implicit Bias 

 
 
 
FREE!
Thursday, April 29th; 10 a.m.
 
 
Washington REALTORS® continues its Fair Housing Series with a FREE event to explore the issue of implicit bias.   
 
Jerod Grant with Cultures Connecting will cover what implicit bias is and why it matters to real estate professionals.
 
 
 
    
 
   
2021 NAR Legislative Days 

 
 
May 3-14
Registration Open Now! 
 
 
 
After careful consideration, the 2021 REALTORS® Legislative Meetings, now scheduled for May 3-14, 2021, will be virtual this year.  
 
Please view this video message from NAR President Charlie Oppler for more information surrounding this decision.   
 
 
2021 REALTORS® Legislative Meetings Going Virtual 
2021 REALTORS® Legislative Meetings Going Virtual
 
 
Registration is open now! 
 
The event website is online here.
    
 
   
RPR®: Geographical Farm 

 
 
NEW! 
 
A farmer is someone who plants seeds today, tends that soil over time, and looks forward to a harvest in the future.

REALTOR® Property Resource applies this principle to farming leads.

Learn how you can generate more listings by selecting a farm area with good turnover rates.

Click on the image below to see the five-minute video:

 
   
 
WCR: Top Golf Swing Suite


TODAY!
Friday, April 16th
6-8 p.m.


Join us for an "Epic" night out at the Northern Quest Casino Epic Bar brought to us by Kelly Bass!  
 
Friday, April 16th, 6:00 PM - 8:00 PM 
 
We will start with a social time and drinks and for the first 20 lucky registrants, simulators will be available to either golf or play dodgeball Zombie style!
 
Thank you to our Event Sponsor - Kelly Bass with Country Financial for hosting this event for us!
 
Space is extremely limited so please register early: 
 
 
 
Golf, not your thing? Let's get those zombies with a round of virtual dodge ball or simply hang out and let us enjoy your company at Epic!   
 
   

SAR Member Roster Update - March

 
 
Updated for March 
Click here to view the latest Member Roster Update (pictured above) - approved by the SAR Board of Directors at its most recent meeting.
   
Send a message to Brenda at the SAR with any changes.  
 

SAR Market Activity Report - March 
        

Market Activity Reports  
 
   
Updated for March 
 
The SAR Market Activity Report for March is now online.
 
See the latest full report - a member-exclusive product
- and archived full reports, online here.
 
 
 
 
    
 

See the March 2021 Market Snapshot Report
(pictured above) online here.





See the 2021 Year to Date Market Snapshot Report (pictured above),  online here.



Quick Information
2021 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