Weekly Notices
Friday, February 8, 2019  
 
     
New SAR Website Live Now! 
 



LIVE NOW!


The SAR website - spokanerealtor.com - has an all-new look and feel!

The new website, launched this week, is easier to navigate and find what you're looking for, configures automatically to both desktop and mobile users, and generally is 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.




2019 James S. Black Memorial Scholarship 
 
 
 
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






Commercial Investment 
 






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.







2019 Real Estate Market Forum 
 



Thursday, February 21st


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.



REDCON  
 



 
 

Thursday, March 7
Doubletree Downtown Hotel  


The Spokane Association of REALTORS® is Signature Sponsor to the Spokane Home Builders Association Real Estate Development and Construction Conference - REDCON - on March 7th.
 
Join us at this informative panelist discussion to learn more about our areas biggest challenges in front of new development.  
 
Panels will include elected officials, government planners and administration along with members of the development community in the Spokane area.  
 
This forum is an opportunity in our region to ask questions and discuss current development, planning and construction issues.

Attendees will also hear from NAHB Chief Economist, Robert Dietz who will speak on national housing trends and give an economic update.
 
 
 
 
 

 
 
 





Record Retention  
 


 
NEW!

Sometimes it pays to be a packrat.  
 
When you're a REALTOR®, sometimes it's required by law.
 
Our Washington REALTORS® Legal Hotline attorney Annie Fitzsimmons, this week, begins a new video series on record retention requirements for firms and brokers. 
 
Some things have changed (and the Department of Licensing is auditing for this right now), so it's more important than ever to understand the requirements surrounding record retention.
 
See Annie's new 11-minute video online here:
 
 
Record Retention - Part 1
Record Retention - Part 1
 





Risk Management   
 


 
 
NEW!


What legal risks are you, as a real estate professional, facing today, and how can you reduce your liability?
 
NAR General Counsel Katie Johnson shares some thoughts in a new video: "Hot Topics in Risk Management."
 
It only takes five minutes to watch her new video.  
 
What do you risk if you don't watch it?
 
 
 
Top Risk Management Issues
Top Risk Management Issues
 





Accredited Buyer's Representative 
 



 
 

February Promotion

25% Off
Accredited Buyer's Representative (ABR®) Designation Course


The Accredited Buyer's Representative (ABR®) Designation Course establishes a foundation of training, skills, and resources to help you succeed as a buyer's representative.

This course is specifically designed to help you:
  • Conduct a buyer counseling session
  • Sign buyer clients to a written buyer representation agreement
  • Provide exceptional service
  • Negotiate buyer clients' offers
  • Bring the transaction to a successful close

This two-day online course incorporates peer-to-peer discussion forums and a downloadable Student Manual, which includes buyer representation checklists, forms, and worksheets that can help students organize and streamline their day-to-day buyer representation tasks and responsibilities.

This course also features specific guidance from leading buyer representation experts Lynn Madison, Adorna Carroll, and Robert Morris.

End-of-module quizzes reinforce key concepts and help students prepare for a completion exam at the end of the course.




 
 
 
 





Veteran's Chronicle - Reserve your Space! 
 


 
 

Deadline: March 8th


Here is an excellent place to market your listings that accept VA-Financing!

The Spokesman-Review special monthly insert, Veterans Chronicle, delivers your listing to every print and online reader of The Spokesman-Review, with a unique veteran-centric audience on Friday, March 15th.

This insert is the result of an SAR Work Group that has worked the past two years to move the association closer to a more friendly relationship with our regional veterans.

 
 
 





Lunch & Learn: The ABCs of 1031  
 


L&LLogo
 

Wednesday, February 27th 

FREE AT THE SAR!


Welcome to the first SAR Lunch and Learn of 2019: The ABCs of 1031 with Rosemary Warnick, President, Certified Exchange Specialist CES™.

Rosemary will cover: How to determine whether a real estate sale could be a 1031 exchange; basic requirements of a 1031 exchange; stages of the exchange; and answer your questions!












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.
  
 
 
 
 
 
 
Spokane Association of REALTORS(R) - Continuing Education 
Code of Ethics: Standards for Success
 
 
NEXT WEEK!
FOR NEW MEMBERS 
 
Thursday, February 14 - 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 
 
 
 
 
 
Core Curriculum - Current Issues in Washington Residential Real Estate 
Core Curriculum
Current Issues in Washington Residential Real Estate
 
 
Tuesday, February 26 - Core Curriculum - with Sabrina Jones-Schroeder.
 
Check-in: 8:30 a.m.
Class: 8:30 a.m. to 11:30 a.m.
at the SAR
 
3.0 clock hours
 
 
 
 
 
 
Thursday, March 21 - Quarterly Membership Meeting and Education Excellence - Professional Apps, Scripts, and other Tools to Aid the Client and Real Estate Professional - with Mike Selvaggio
 
Check-in: 8:00 a.m.
Class: 8:30 a.m. to 12:30 p.m.
with break at 10:00 a.m. for breakfast and meeting
 
at CenterPlace Event Center in Spokane Valley 
   
3.0 clock hours 
 
 
 
   
 
 
Spokane Association of REALTORS(R) - Continuing Education
Training Superior Instructors 
 
   
 
Tuesday, March 26, and Wednesday, March 27 - Instructor Development Workshop - Training Superior Instructors - with Linda Miller Sheets.
 
Check-in: 8:00 a.m.
Class: 8:30 a.m. to 4:30 p.m. both days
at the SAR
 
15 clock hours
 
 
 
 
 
 
 
 
 
 
 
  
In This Issue
New SAR Website Live Now!
2019 James S. Black Memorial Scholarship
Commercial Investment
2019 Real Estate Market Forum
REDCON
Record Retention
Risk Management
Accredited Buyer's Representative
Veteran's Chronicle
Lunch & Learn: The ABCs of 1031
2019 REALTOR® Education
2019 SAR Dues PAST DUE!
SAR CALENDAR
Education Excellence/Quarterly Meeting
REALTOR® Code of Ethics
RPR: Don't Blend In!
Marketing Jam
Enhance your Business with Video
Instagram in your Business
Member 2 Member
Member Roster Update - January...NEW!
Market Activity Report - January - NEW!
2019 SAR Dues PAST DUE!  


 
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.
 
 



SAR CALENDAR
 
Click on the calendar image below to see
the current SAR calendar showing dates and times
of classes, committees and events. 
Education Excellence/Quarterly Meeting 
 
 
   
 
Thursday, March 21
(Early-bird Registration through March 17) 
 
Education Excellence and
Quarterly Membership Meeting
 
 
 
Professional Apps, Scripts, and other Tools to Aid the Client and Real Estate Professional - with Mike Selvaggio
 
 
Check-in: 8:00 a.m.
Class: 8:30 a.m. to 12:30 p.m.
with break at 10:00 a.m. for breakfast and meeting
 
at CenterPlace Event Center in Spokane Valley 
   
3.0 clock hours  
 
 
 
 
   
 
 
REALTOR® Code of Ethics 
 

 
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),
online her e
 
 
 





RPR: Don't Blend In! 
 
 

Online Workshop
Tuesday, February 12th
11 a.m.



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
 



Marketing Jam 
 





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!

 
 
 




Enhance your Business with Video 
 
 
 
No matter what the stage of your business, you can always get started using video in your business.  
 
There are several ways to consider using video in your business: to film an intro, open houses, to go live on Facebook, or connect with local businesses.     
 
 
  Woman recording video in living room
 
 
NAR's Center for REALTOR® Development is out with a new podcast to discuss these different ways to use video in your business, as well as what equipment to use.
 
All of these discussion points can help you improve and strengthen your connections with your clients.  
 
Click here to start the podcast now:
 
 
 
 
 
 

Instagram in your Business  
 
 
 
 
Instagram is a social media app that is entirely based around photography.  
 
It allows you to share pictures and short videos with people who like what you share and follow you.  
 
The percent of adults using Instagram, has grown from 28% in 2016 to 35% in 2018.   
 
21% of Baby boomers and 34% of US millennials use Instagram, and overall, Instagrammers are the social networkers most likely to follow brands.
 
With these statistics in mind, our TechHelpline folks put together the basics to help you enhance your Instagram game and close your listings faster.
 



Member 2 Member 
 




Member 2 Member is a regular feature here in the Weekly Notices to help you share your news with your fellow members.

Got a new office, new staff, new hours, or a new product/service?

Tell your fellow SAR members about it here!

Member 2 Member is a member benefit (no charge), and should be submitted the week before you wish the item to start here in the Weekly Notices.

Submit a text item or - better - a one-page PDF flyer that we can share here.

Submit the item as you want it shared - we will do no editing, graphics, or correcting spelling/grammar.

Items will run for two consecutive weeks for maximum exposure.



Submit your Member 2 Member item here.






Member Roster Update - February
 




NEW!
Updated for February

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.  


Market Activity Report - January   
         

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




See the JANUARY 2019 Market Snapshot Report
(pictured above)   online here.








See the 2018 YEAR END Market Snapshot Report (pictured above), online here.



Presented by your

Spokane Association

of REALTORS®  

 

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Quick Information
   
Tech Helpline: 866-610-8939

Legal Hotline: 800-562-6027

Washington State Legislature Hotline: 800-562-6000
 



2018 NAR New Member Orientation
2018 NAR New Member Orientation



 

2019 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

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