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2019 Legislative Day
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Washington REALTORS® photo
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Over 500 REALTORS® adorned with "Unlock the Door for Affordable Home Ownership" scarves converged on Olympia for the Washington REALTORS® Legislative Day event, last week.
Over the course of two days, REALTORS® participated in governance meetings, installed our 2019 Leadership, networked and met with Legislators to discuss solutions for the acute housing affordability crisis in Washington State.
Read the Washington REALTORS® summary report on this year's Legislative Day (pictured above),
online here.
The SAR delegation from Spokane included about 20 members (some pictured above), many of whom are Key Contacts who keep in touch with our Legislators throughout the year.
These local relationships, paired with Washington REALTORS® staff and resources on the ground in Olympia, create one of the best and strongest constituent voices in our state legislature.
This year, the Washington REALTORS® Legislative Day theme was "Unlock the Door for Home for Affordable Home Ownership."
Radio and television spots across the state announced our campaign for days before we set foot in Olympia.
Legislators knew we were coming, and what we wanted to talk about.
At the end of the day, Spokane REALTORS® met with more than a dozen Senators and Representatives from throughout eastern Washington - many of whom now have blue and white "Unlock the Door" scarves as reminders of our visits.
Watch a four-minute video scrapbook of the SAR's participation in the 2019 Legislative Day, online here:
One of the Members we visited was Senate Majority Leader
Andy Billig from Spokane's 2rd Legislative District.
Billig's Key Contact, this year, is
Cynthia Gustafson; last year, it was
Marianne Bornhoft. The two of them and SAR Governmental Affairs consultant
Darin Watkins met with Sen. Billig in the Senate Majority Leader's office on Thursday morning (photo above).
Sen. Billig featured our visit in his constituent newsletter (below), under the headline "Spokane Comes to Olympia."
See the full version of Sen. Billig's constituent newsletter (pictured above)
online here.
SAR Immediate Past President
Ken Sax found a quiet spot behind one of the large columns of the Legislative building to step away from his Legislative Day appointments and do an interview with
Steve Jackson of Spokane Public Radio (KPBX-FM).
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2019 James S. Black Memorial Scholarship
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DEADLINE: February 22nd
Applications are now being accepted for the 2019 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 Friday, February 22nd.
The scholarship will be awarded
March 21st at the SAR's quarterly membership meeting at Centerplace Regional Events Center.
Download the scholarship information/application packet (pictured above)
online here.
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Commercial Investment
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February 25-28
Bellevue, WA
CI 101: Financial Analysis for Commercial Investment Real Estate
CI 101 is a bedrock class for real estate practitioners at a time when risk mitigation, pricing, and cycle assurance have become critical to investors.
CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals.
During the course, you will learn how to use key financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments.
This course will teach you how to:
- make informed investment decisions using the CCIM Cash Flow Model;
- measure the impact of federal taxation and financial leverage on the cash flow from the acquisition, ownership, and disposition phases of real estate investment; and
- use real estate analysis tools to quantify investment return.
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2019 Real Estate Market Forum
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Register online now for the 32nd annual Real Estate Market Forum, covering trends in real estate, construction, and the local economy in the Spokane-Kootenai-Bonner County area.
This much-anticipated and well-attended event will be held, this year, on Thursday, February 21st, at the Spokane Convention Center.
A
dvance registration ends at noon on Friday, February 15.
Share the word with your colleagues and associates! Download the event flyer (pictured above) suitable for posting in your office
online here.
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Using Incentives
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NEW!
Can you offer some sort of payment back to the buyer or seller, such as covering closing costs, appraisal fees, inspection reports, staging, etc.?
What about making contributions to charity in your client's name as an incentive?
Can you offer to pay a referral fee to an unlicensed entity?
Can you incentivize the sale of your seller's property by offering a Buyer Brokers Bonus?
Washington REALTORS® Legal Hotline attorney Annie Fitzsimmons covers what the Department of Licensing, state law, and RESPA (Federal Law) says about this in her continuing series, Real Estate Fundamentals You Should Know.
See Annie's new 10-minute video online here:
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The Voice for Real Estate
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NAR looks at IRS guidance just released on applying rental income to the new 20 percent business income deduction.
It also looks at NAR's efforts to get processing of Rural Housing Service loan processing, which has been stalled since the federal government shutdown.
Also covered is the March 1 start date for your members to submit applications for a spot on an NAR committee.
In addition, the video excerpts from testimony before the House Financial Services Committee last month by NAR President-elect Vince Malta on why it's crucial the federal government maintain an explicit guarantee of conventional conforming loans backed by Fannie Mae and Freddie Mac.
Watch the new eight-minute video online here:
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Voice for Real Estate 94:
Shutdown, Rental Income, Committees
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| 2019 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 2019.
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
Tami at the SAR if you have any questions about these classes or your license education requirements, by phone at
326-9222 or by
email.
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Purchase and Sale Agreement
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NEXT WEEK!
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 5:00 p.m.
at the SAR
7.5 clock hours
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Code of Ethics for Real Estate Professionals
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NEXT WEEK!
FOR RENEWING MEMBERS
Check-in: 8:15 a.m.
Class: 8:30 a.n. to 12:30 p.m.
at the SAR
4.0 clock hours
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Code of Ethics: Standards for Success
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FOR NEW MEMBERS
Check-in: 8:15 a.m.
Class: 8:30 a.m. to 4:30 p.m.
at the SAR
7.5 clock hours
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Core Curriculum
Current Issues in Washington Residential Real Estate
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Check-in: 8:30 a.m.
Class: 8:30 a.m. to 11:30 a.m.
at the SAR
3.0 clock hours
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2019 SAR Dues PAST DUE!
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Your SAR dues for 2019 are now past due.
Thank you if you have already paid them!
Dues may still be paid until February 28th but must, now, include the 10% late penalty.
Click on the image above to pay your SAR dues for 2019 online now, or print your invoice and pay by mail, or pay in person at the SAR: 1924 North Ash Street, Spokane WA 99205.
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New SAR Website to Debut NEXT WEEK!
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NEXT WEEK!
The SAR website -
spokanerealtor.com - will have an all-new look and feel starting next week.
The new website will be easier to navigate and find what you're looking for, configure automatically to both desktop and mobile users, and generally be a better resource to support your business as a REALTOR®.
The redesign work and programming was handled in-house with the time and talents of members of the SAR Technology Committee, SAR IT Director
Edward Chovgan, and SAR staff.
We encourage you to take it for a test drive and
report here your feedback on what you like and think could be improved.
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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:
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Spokane in Top Ten
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Realtor.com recently released
a list of 10 metro areas that experienced double-digit growth in housing prices last year.
The price growth in the Spokane area and the other markets came as 70 percent of the U.S.'s 200 largest housing markets experienced a slow down.
Spokane-area homes for sale in December had a median list price of $299,100,
representing a 15 percent increase from the previous year, according to Realtor.com.
The price quoted by Realtor.com seemed high to
Rob Higgins, executive officer for the Spokane Association of Realtors. He said it may have included properties with acreage.
(NOTE: REALTOR.COM® looks at median list prices. The SAR looks at median closed sales prices).
Read the full article in
The Spokesman-Review,
online here.
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REALTOR® Code of Ethics
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NEW!
Updated for 2019
NAR's
Code of Ethics and Standards of Practice, adopted in 1913, was one of the first codifications of ethical duties adopted by any business group.
The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients' best interests.
Download the text version of our
Code of Ethics and Standards of Practice (pictured above),
online here.
Download the poster version of our
Code of Ethics and Standards of Practice (pictured above),
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RPR: Don't Blend In!
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Looking for some ideas on how to better promote yourself and your REALTOR
® expertise?
We'll give you ideas on how to make the most of your market knowledge and help make you the go-to REALTOR
® in your area.
You'll learn to ...
- Provide clients (and potential clients) with neighborhood demographic data
- Send weekly market activity reports to contacts
- Insert your bio into every RPR report
- Market listings on Facebook, Twitter and Instagram
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WCR: Five Love Languages
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NEXT WEEK!
Thursday, February 7th
Join WCR-Spokane at Darcy's on February 7th, 11:30 - 1:30 P.M. to hear Guest Speaker, Rikki Gruen.
The conversation will be about the 5 Love Languages and learning to communicate both personally and professionally to each person you encounter.
See the event flyer (pictured above) for more information,
online here.
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Marketing Jam
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Tuesday, February 12th
11:00 AM - 11:30 AM
What's your 2019 Marketing Jam?
Join realtor.com's infamous name
in lights, Kristi Kennelly, as she divulges clever tips and tricks to lambaste your '19 marketing goals and battle a shifting landscape!
Kristi comes to us with a colorful palette of creative marketing experience, Broadway star, record breaking sales star and master at effectively utilizing resources to maximize brand exposure.
Don't miss her live!
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Member Roster Update - November
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Click here to view the latest list of
MLS Subscription Waivers - approved by the Board of Directors.
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Market Activity Report - December
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Updated for December
The SAR Market Activity Report for
DECEMBER
is now online.
See the latest full report -
a member-exclusive product
See the
DECEMBER
2018 Market Snapshot Report
See the 2018 YEAR END Market Snapshot Report (pictured above), online here.
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Presented by your Spokane Association of REALTORS® 
See what's NEW at
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Quick Information
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Tech Helpline: 866-610-8939
Legal Hotline: 800-562-6027
Washington State Legislature Hotline: 800-562-6000
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2018 NAR New Member Orientation
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2019 SAR Leadership
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Gina Mosey
2019 SAR President |
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2019 PRESIDENT:
Gina Mosey
RE/MAX Inland Empire
953-3410
SECRETARY:
Century 21 Beutler & Associates Spokane
979-6027
TREASURER:
American Dream Homes
994-1479
Kestell Company
499-9999
IMMEDIATE PAST PRESIDENT:
Keller Williams Realty
879-1636
Executive Vice President
Rob Higgins
Spokane Association of REALTORS®
326-9222
2019 SAR Leadership Directory
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