Weekly Notices
July 23, 2021
   
 
 
QUICK LINKS: 

Document Recording Fees Increase
 
   
NEW!
Fees Increase July 26th
 
Buying a home is about to get a little bit more expensive.
 
On July 26, recording fees at the Spokane County Auditor's Office will increase $100.  
 
It's a change brought on by House Bill 1277, which the state legislature passed this year.  
 
The purpose of the bill, and the fee increase it requires, is to generate more money for affordable housing and ending homelessness.
 
 
Read this article in The Spokesman-Review,  online here. 
 
   
 
 
    
The county warns that documents received without the proper fee on and after July 26th will be returned to the submitter.   
 
Read more about this on the Spokane County website, online here.   
 
 
 
   
More Important than Ever
 
 
 
 
  
NEW!
 
 
Leaders of the Spokane Association of Realtors and its affiliated political action committees say it's more important than ever to invest, and invest early, in the council races.
 
Realtors hope the candidates they're backing - Jonathan Bingle in the northeast council district and Mike Lish in the northwest - will bring balance to a City Council they believe has become one-sided.
 
"We're putting the full force of the PAC behind them," said Tom Hormel, the Spokane-based president of Washington Realtors and member of the Washington Realtors Political Action Committee's legislative steering committee.
 
 
 
 
Read this article in The Spokesman-Review, online here. 
 
    
   
  
 
We might write the headline this way: Realtors spend big on housing - again.
 
As we said in our headline on the SAR Facebook channel: This is right where Realtors need to be.
 
 
REALTORS® Endorse Housing Advocates 
 
SAR photo
 
The Spokane Association of REALTORS® (SAR) and the Washington REALTORS® Political Action Committee proudly endorse three Spokane City Council candidates, all of whom will advocate for housing and home ownership in the 2021 Elections:
 
Spokane City Council
Dist. 1 Jonathan Bingle
Dist. 2 Betsy Wilkerson (incumbent)
Dist. 3 Michael Lish
 
Each of the candidates met with a team of REALTOR® member volunteers, who made a unanimous choice of those selected. "There has never been a more critical time in our city's history for issues surrounding housing," said SAR President Eric Johnson. "We believe these candidates represent Spokane's best chance at repairing 10 years of under-building in our region."
 
 
2021 Primary Election ballots were mailed on July 14th.
 
2021 Primary Election ballots are due August 3rd. 
 
 
 
 
 
See the SAR news release (pictured)online here. 
 
 
 
 
 
 
 
 
 
 
 
Sign the letter!
 
Tell Spokane city leaders
to allow more homes...now!" 
 
 
SIGN THE LETTER
by July 26th! 
 
Tell the City of Spokane to allow more homes...now!
 
For more than a decade, Spokane has failed to build enough homes to meet the demands of our growing community.  
 
As a result, housing prices are increasing at a never-before-seen pace.  
 
On July 26th, the Spokane City Council will vote on its Housing Action Plan - one we believe is based on out-of-date housing information and will NOT adequately address the severe housing shortage we now face.
 
Sign the letter. Tell our city leaders their Spokane Housing Action Plan fails to address our immediate housing crisis.  

 
 
    
 
 
 
Ask your clients and business associates to sign the letter, too!
 
Forward this link so they may be included in our Call for Action:
 
 
 
 
Form 22E FIRPTA Certificate
 
 
 
NEW!
 
Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons answers a question she's received regarding FIRPTA (Foreign Investment in Real Property Tax Act).  
 
In the 2021 version of Form 21, Buyers are given the right to deliver a notice of Right to Terminate if seller has not delivered a signed FIRPTA Certificate to Escrow (Form 22E).  
 
The question is this: if seller has not delivered the certificate but has identified in the MLS the citizenship status or it has been marked on the face of Form 21, is that sufficient to eliminate the Buyer's Right to Terminate?  
 
Annie clarifies the documentation needed in her new four-minute video:  
 
   
Legal Hotline: Form 22E FIRPTA Certificate
Legal Hotline: Form 22E FIRPTA Certificate
 
    
 
SAR Professional Development 

 
 
SAR Professional Development 
 

The SAR offers a full schedule of virtual classes to help members satisfy their professional development requirements to keep their REALTOR® status current.
 
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.
   
 
 
 
 
 
 
REALTORS® Code of Ethics that will help you . . .
 
Code of Ethics cycle ends
December 31, 2021
 
 
Check your Code of Ethics status online now:
 
Click on the GO button below - your Code of Ethics status will appear in the top-left corner on your home screen if you've completed the class.  

 
 
 
You can also check your status on the NAR website: https://www.nar.realtor/my-account?tab=term-My-Education
 
All brokers must take this class once every three years.  
 
We're currently in the cycle 1/1/2019-12/31/2021.  

Please note for new agents, completing your first two-year renewal, you must first take the 7.5-hour Code of Ethics and Fair Housing class, within 3 months of joining the SAR, and then you will be eligible for ethics training of not less than three hours of instructional time during the next two-year cycle.  
 
The NAR Code of Ethics Class offered at the SAR is a 3.5-hour class called "Code of Ethics for Real Estate Professionals".  
 
Your membership will be suspended, until the class is completed, if this requirement is not met.
 
Please call Tami at 326-9222 with any questions.
 
 
  
 
 
 
 
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, July 27th
8:30 a.m. - 12:30 p.m.
- and -    
Thursday, July 29th            
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.   
 
   
 
 
 
 
 
 
NEXT MONTH!

What Else do we need.. PSA Addenda with Sabrina Jones-Schroeder
 
Tuesday, August 3rd - 9 a.m. to noon
- and -  
Thursday, August 5th - 9 a.m. to noon
6.0 clock hours   
 
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!
 
Two day Zoom class - both days required.
 
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.
 
 
 
 
 
 
 
 
In This Issue
Document Recording Fees Increase
More Important than Ever
Sign the letter!
Form 22E FIRPTA Certificate
SAR Professional Development
SAR CALENDAR
COE Class and SAR Awards Luncheon
C2EX
SAR Partners with Habitat for Humanity
Supra Training Resource Page
SAR Member Roster Update - June
SAR Market Activity Report - June

SAR CALENDAR
 
Click on the image below to see
the current SAR calendar showing dates and times
of classes, committees, and events. 
COE Class and SAR Awards Luncheon
 
 
 
Thursday, August 19th 
 
Join your friends and colleagues  
for the SAR's Education Excellence featuring the Code of Ethics class  
followed by the SAR Awards  
and Quarterly Membership Meeting
 
 
Thursday, August 19th
at Centerplace in Spokane Valley
 
Registration accepted through August 12th!
 
This event is bundled with three main events:
 
Code of Ethics (required for all REALTORS® before the end of the cycle this year)
in the morning 8:30-Noon
 
Buffet Lunch starting @ noon
 
Quarterly Membership Meeting & SAR Awards Presentations  
Come honor the 2021 Award Recipients:
  • Steve Flinn REALTOR® Achievement
  • REALTOR® Community Service
  • REALTOR® of the Year
  • Affiliate of the Year
  • Partner of the Year
  • Citizen of the Year
  • Legacy of Service
  • Gary Fox Award
 
Attend the day and go home with 3.5 clock hours!
 
Attendance for clock hours will be proctored - extended absence from class will disqualify you from credit.  
 
 
 
Or, if you need any help, call Tami at the SAR @ 326-9222.
 
 
 
 
   
C2EX 
 
 

Commitment to Excellence empowers you to enhance and showcase your high level of professionalism.  
 
It gives you an advantage in our highly competitive market and shows consumers you're committed to conducting business at the highest standard.
 
Download the poster (pictured above) online here.
 
Get started on your C2EX online here.  
   
 
 
SAR Partners with Habitat for Humanity
 
 
 
  
Wednesday, August 18th
 
The SAR is partnering with Spokane's Habitat for Humanity for the first time in a long time.
 
Join your colleagues and friends (family members welcome, too) one Wednesday a month through the summer - August 18, and September 15.
 
No experience necessary; all abilities welcome! 
 
This effort will help build decent and affordable homes for those in need.
 
 
See the event flyer (pictured above) online here.
 
 
The link included in the flyer is online here. 
   
 
Supra Training Resource Page 
 
   
 

Supra - our lockbox vendor - offers an online resource page brim-full of tips, videos, training sessions, and information to help keep you and your business humming along.
 
Check it out now, then save the link for future reference.
 
It's like keeping a Supra tutor in your computer.
 
 
 
  
SAR Member Roster Update - June

 
 
Updated for June  
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 - June 
        

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

See the June 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

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