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Forms Changes
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NEW!
This newsletter includes important information about upcoming forms changes, including: Legal Bulletin, Samples of Revised Forms, & Forms Update Classes.
Please read through this information carefully and be in touch with your SAR if you have any questions.
There are many NWMLS/Statewide forms being revised and several new forms that are being released on March 3, 2021. There are significant revisions to the Purchase and Sale Agreements, the Financing Addendum, the Inspection Addendum, and the Escalation Addendum. Other forms revisions are not substantive and include minor clarifications and updates to outdated vernacular.
Legal Bulletin 219, which summarizes the forms revisions, and SAMPLE versions of the revised forms are linked below for review purposes - in both clean and redline formats:
Many forms will be available for order in hard copy from NWMLS on February 23, 2021 - please allow extra time for printing and shipping. The forms will be published for use on TransactionDesk on March 3, 2021.
Washington REALTORS® is offering a series of online, interactive classes with our Legal Hotline lawyer that will go over what you need to know for the new 2021 forms revisions. Forms revisions will be published for use by members on March 3rd so register today! Upcoming Dates for this class: February 23, February 25, March 1, March 2, March 4, March 9, March 11. 3.0 clock hours Some dates are already full - register now! If your choice of date/dates is/are not available, you may add your name to the wait-list by sending an email to:
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Black History Month
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NEXT WEEK!
Tuesday, February 23rd, at 10 a.m.
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That's Who We R
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NEW!
The National Association of Realtors®, this week, unveiled the newest iteration of its successful "That's Who We R" national branding campaign.
Created in partnership with Havas Chicago, the series of television spots emphasize the positive impact Realtors® have on their clients and the communities they serve.
The campaign advances NAR's advertising strategy to further distinguish Realtors® - members of the National Association of Realtors® and guided by the association's Code of Ethics - from non-member agents and listing apps.
Enjoy the new 2021 television and radio spots online here.
NOTE: Because of licensing restrictions, this content is not available for local association or member use.
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That's Who We R - Digital Assets
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NEW!
The National Association of REALTORS® has created a variety of digital assets to support the That's Who We R campaign with members in the field.
You are free to use this image on your social media channels, website, or as you may otherwise choose.
Check out the entire library of shareable campaign assets online here.
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Dangerous Business Practices
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Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons is seeing some dangerous business practices occurring in this seller's market.
So, this week, Annie continues a new video series with RE/MAX Integrity Owner Broker Paul Blumenstetter to focus on these dangerous practices with a goal of helping us all avoid them.
In part four of this series, Annie and Paul talk about the risks for both sellers and buyers who have pre-inspections performed on properties for sale.
The video runs about 15-minutes:
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Dangerous Business Practices in a Sellers Market, Part 4
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The third video in this series is online here - Annie and Paul discuss the dangerous practice of buyers, who are often frustrated that they're unable to get a property, who choose to make offers that waive all inspections. They'll cover risks to the buyer, buyer's broker, and listing broker.
The video runs about 17-minutes:
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Dangerous Business Practices in a Sellers Market Part 3
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The second video in this series is on-line here - in this video, Annie and Paul discuss dangerous practices on behalf of buyer broker's and how to protect yourself and your firm from future lawsuits if your buyer decides to make risky offers.
The video runs about nine-minutes:
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Dangerous Business Practices in a Sellers Market Part 2
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The first video in this series is online here - it covers things Annie is seeing from listing brokers.
The video runs about 20-minutes:
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Dangerous Business Practices in a Sellers Market, Part 1
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WR Spring Business Conference
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The Washington REALTORS® Spring Business Conference will be virtual and will take place
April 19-23, 2021.
The Conference will include guest speakers open to the entire membership, the WR Awards Ceremony, and our association business meetings.
Mark your calendars and stay tuned for more details in the coming weeks!
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SAR Professional Development
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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!
Tuesday, February 23th
-AND-
Thursday, February 25th
9 a.m. to noon both days
What Else do we need . . . PSA Addenda
This is a six (6) hour course focusing 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.
NEXT WEEK! Tuesday, February 23rd 1:00 p.m. to 4:30 p.m. Code of Ethics for Real Estate Professionals During this Pandemic this half-day Code of Ethics class will meet the NAR Code of Ethics requirement. Remember, you must take a Code of Ethics class once between January 1, 2019 and December 31, 2021.
Successfully Selling HUD Homes
Friday, February 26
9 a.m. to noon
This course will prepare you to successfully sell HUD Homes. You'll learn the NAID application portal; how to find inventory and place bids; bidding tips and understanding bidding timelines; how to understand HUD's contract and addendum's and so much more.
Enter code 199WB and get
all of 2021's webinars for $199!
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SAR CALENDAR
Click on the image below to see
the current SAR calendar showing dates and times
of classes, committees, and events.
Other regional calendars:
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Top Doc Meets with SAR GA Committee
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NEW!
Spokane County's top public health officer was guest speaker at this week's SAR Governmental Affairs Committee meeting (pictured above).
Dr. Francisco R. Velázquez (pictured above) told members Spokane is unique because of its capacity for medicine. As the center for medicine for much of the region, we have roughly 2 ½ times the medical capacity as other cities our size.
As such, Dr. Velázquez believes we have the resources to mobilize quickly to begin vaccinating ten times what is currently being done.
Dr. Velázquez's remarks were quite informative and enlightening. So much so, SAR Governmental Affairs Director Darin Watkins wrote up a report for members who were not able to make the meeting.
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Spokane County Eases to Phase 2
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Spokane County Eases to Phase 2
Governor Jay Inslee, Thursday, eased the East Region (Spokane County) to Phase 2 - effective Sunday (2/14).
 Governor Jay Inslee on Twitter 2/11:
Those regions progressing will be able to do so starting Sun., Feb. 14. This creates more options for restaurants to make Valentine's Day special for couples who hoped they could have a night out. (And if it's a first date that doesn't go well, remind them to stay 6 feet away).
Opening indoor dining, museums, and concert halls is the biggest change, though these will be limited to 25% capacity.
Limited, in-person open houses will now permitted.
Brokers must ensure that no more than ten (10) people are on site, including the broker, and that all other required protocols are followed (face coverings, social distancing, sanitation, etc.).
For clarification on which real estate activities will be permitted (beginning Sunday), and the protocols required for permitted activities, please consult the new WR FAQ - REVISED FEBRUARY 2 document (pictured above) online here.
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SAR 2021 Dues Past Due!
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Your SAR dues for 2021 are now past due.
Thank you if you have already paid them!
Annual Dues must be received or postmarked by February 28th, and must include the 10% late penalty, in order to retain your membership and access to the MLS system.
Click on the image above to pay your SAR dues for 2021 online now.
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WCR: Diversity and Inclusion
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Diversity and Inclusion: Fair Housing for All, the February program of the Spokane-Eastern Washington Women's Council of REALTORS®, is available for viewing online.
The all-star panel shared experiences with, and reactions to, racial covenants, protected classes, and how to be the best advocate for property ownership and all of your clients.
Here are a few of the post-event comments:
Congratulations Spokane-Eastern Washington Women's Council. You and the panelists totally knocked it out of the park today! Well done.
Incredible conversation, thank you for sharing this nationwide.
Thank you WCR for bringing forward this conversation.
I wish we had all realtors on this zoom. You guys really shared yourselves with us and MAN does it make a difference!!! Thank you so very much!
This is the recording of last week's event. The video runs about two hours.
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Diversity and Inclusion: Fair Housing for All
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2021 NAR Legislative Days
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May 3-14
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.
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2021 REALTORS® Legislative Meetings Going Virtual
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Registration opens February 24.
We look forward to welcoming you!
The event website is online here. More content will be added as the event draws nearer.
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2021 Code of Ethics
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"Under all is the land."
Do you recognize that sentence opens our Code of Ethics?
"The Code," as it's often called, is newly updated for 2021 - adding the Code of Ethics' applicability to discriminatory speech and conduct.
Download your copy of the 2021 National Association of REALTORS® Code of Ethics and Standards of Practice (pictured above) online here.
The deadline for staying current with your Code of Ethics requirement in the current cycle is December 31st - the end of this year. Check your status and sign up for virtual Code classes online here.
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SAR Member Roster Update - January
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Updated for January
Click here to view the latest Member Roster Update (pictured above) - approved by the SAR Board of Directors at its most recent meeting.
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SAR Market Activity Report - January
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The SAR Market Activity Report for January is now online.
See the latest full report - a member-exclusive product
See the January 2021 Market Snapshot Report
See the 2020 Year End Market Snapshot Report (pictured above), online here.
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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
MLS Weekly News & Info
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2021 SAR Leadership
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|  | 2021 SAR PRESIDENT
Eric Johnson | |
Coldwell Banker Tomlinson
PRESIDENT ELECT:
Choice Realty
995-2833
IMMEDIATE PAST PRESIDENT:
Kestell Company
499-9999
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