Weekly Notices
Friday, July 24, 2020
 
 
 
PHASE 1 -> PHASE 2 -> PHASE 3 -> PHASE 4
 
 

 

NEW!

Face coverings will be required everywhere outside your home across Washington State beginning tomorrow - Saturday, July 25th.

Governor Inslee announced a handful of new restrictions, this week, in an effort to stem the rising number of COVID-19 infections.

"We do not take these steps lightly," Inslee said at a Thursday news conference. "We know every prohibition is a challenge for individuals and business owners. But we know that if we fail to act, we expose people and businesses to even greater risk down the line."

Among the new restrictions: wedding and funeral receptions are prohibited entirely, indoor restaurant patrons must be of the same household in order to sit together, and indoor entertainment and recreation centers must close.


Read the latest in The Spokesman-Review online here.









Spokane County remains paused at Phase 2 in the governor's Safe Start recovery plan; Washington state continues to require face coverings in places of public gathering across the state.   
View the full Face Covering Requirements document from the governor's office (pictured above) online here.   
 
 
 
     
 
Updated July 23, 2020
 
 
Spokane County remains in Phase 2 of the governor's Safe Start Recovery Plan.
 
Each county's status is based on five risk assessment areas: COVID-19 activity, testing, healthcare system readiness, case investigations and contact tracing, and the protection of populations at higher risk.
 
You can check the status of any county, any time, on the state's COVID-19 Risk Assessment Dashboard, online here.
   
 
 
 
 
 

 
Updated July 7th 
 

Washington REALTORS® and the Northwest Multiple Listing Service continue to revise the FAQ guidance document for Brokers as information changes.
 
The current version of this document is new as of July 7th.
    
Download this document (pictured above) online here  

 
 
 
All Washington REALTORS® COVID-19 resources are online here.
 
 

Housing Market Strong Despite Pandemic
 
 
NEW!  
 
Spokane County's housing market showed little sign of slowing in June despite the coronavirus pandemic as pent-up demand and low inventory continued to push up prices.

The median closing price in Spokane County increased 11.1% in June to $295,000, compared with $265,623 in June 2019, according to the Spokane Association of Realtors.


The article continues in The Spokesman-Review online here.

 
 
 
 
Nationally, NAR is out with a news release to announce existing-home sales climb record 20.7% in June.
 
 "The sales recovery is strong, as buyers were eager to purchase homes and properties that they had been eyeing during the shutdown," said Lawrence Yun, NAR's chief economist. "This revitalization looks to be sustainable for many months ahead as long as mortgage rates remain low and job gains continue."
 
In a regional breakdown for our part of the country, NAR says: Existing-home sales in the West ascended 31.9% to an annual rate of 950,000 in June, a 13.6% decline from a year ago. The median price in the West was $432,600, up 5.4% from June 2019. 
 
 
 
 
 
INW Fair Housing Conference - 3.0 Clock Hours! 
         

 
   

2020 Inland Northwest
Fair Housing Virtual Conference


 
FAIR HOUSING FOR REAL ESTATE BROKERS 
 
Wednesday, August 12th
9 a.m. to noon 
 
Approved for 3.0 WA DOL Real Estate Clock Hours!
 
Proudly sponsored by Washington REALTORS® 
 
 
 
 
 
SAR 2020 Endorsements
You should, by now, have received your 2020 Primary Election Ballot in the mail. 
 
Your SAR Governmental Affairs Committee is pleased to announce its endorsements, and encourage your support, 
for these candidates in the upcoming 2020 election:
 
Washington State Legislature  
Sen. Andy Billig                            
Sen. Mike Padden                         
Sen. Mark Schoesler                    
Rep. Marcus Riccelli                       
Rep. Jenny Graham                      
Rep. Mike Volz                              
Rep. Jacquelin Maycumber     
Leonard Christian  

Spokane County Commissioner
Josh Kerns
Mary Kuney





See the SAR formal news release (pictured above) online here.  
   
These endorsements are based on in-person interviews with each endorsed candidate and careful discernment of each candidate's position on REALTOR® issues such as home ownership, private property rights, and small business advocacy.  
 
 
The 2020 Primary Election Day is August 4th. 
 
 

 
SAR Leadership Nominations Open
    
 
   
DUE BY FRIDAY, JULY 31ST
 
Nominations are open for directors to serve on your association board for 2021-2022.
 
There are five, two-year terms available on the board.

Nominees for directorships must be REALTOR® members of the Association who have:
(i)     served on a minimum of two (2) standing committees within the seven (7) years prior to the time of the election;
(ii)   served on one (1) standing committee within the three (3) years prior to the time of the election; or
(iii)who are currently serving, or within the one (1) year prior to the time of the election have served, as President of the Young Professionals Network or President of the Women's Council of REALTORS®.

If a candidate has served on only one (1) standing committee within the three (3) years prior to the time of the election, that candidate must also attend two (2) Board of Directors meetings within the twelve (12) months prior to running for Director.
 
To place a name in nomination with the Nominating Committee, please complete the application, offered below.
 
You may FAX your completed form to the SAR at 324-8650, mail to:  SAR, 1924 N Ash, Spokane, WA 99205, or Email to Sharon@SpokaneRealtor.com by Friday, July 31st.
 
If you have questions, please contact Tom Clark at 499-9999 or Sharon Houston at 326-9222. 

Thank you for participating in the leadership of your association!     
 
 
 
   
Download the  2021-2022 SAR Director Nomination Form (pictured above)   online here.
 
 
Legal Hotline - Buyer Agency Agreements 
         

NEW!
     
Washington REALTORS® Legal Hotline lawyer Annie Fitzsimmons is on a mission to answer all the questions on the Designated Broker Wish List.  
 
We asked DBs around the state to submit questions or topics of discussion to her via email so she could address them and share them as a Friday Video.  
 
TODAY'S QUESTION: "I'm getting more and more buyer agency agreements turned into my office...it has the buyer's signature and the broker's signature, but nothing filled in under the compensation or the area. Can you help explain to brokers the importance of this and what the repercussions are if it is not filled out?"
 
  
If you or your Designated Broker would like to have a question addressed, email legalhotline@warealtor.org
 
Here's Annie's new video - it runs about seven minutes:  
 
     
 
 
DBs Wishlist Q&A: Buyer Agency Agreements 
DBs Wishlist Q&A: Buyer Agency Agreements
 
 
 
 
 
 
 
 
RPR Quick Tips 
         
   
Introducing RPR Quick Tips.
 
Every weekday in June, our awesome training team walked viewers (via Facebook) through a valuable RPR skill in one quick session, anywhere from two to seven minutes.  
 
These are now a video collection where you can easily learn how to create a property flyer, generate mailing labels, refine a home's value, and so much more.
 
It's a concise way to introduce or reacquaint yourself with the power of RPR, the nation's largest property database that gives REALTORS ® access to real estate data, tools and reports.
 
Try watching a tip per day or take them all in at once, it's up to you!  
 
You won't spend a ton of time, but you'll learn some heavyweight skills, shortcuts and strategies.
 
 
See 22 Things to do in RPR online here.
 
 
Right Tools, Right Now 
         
Right Tools, Right Now
 
   
The National Association of REALTORS® has relaunched its Right Tools, Right Now program which offers several business resources - many of which are free to members to help them in their businesses.
 
Right Tools, Right Now offers access to webinars, tips for managing finances, educational resources, and more.
 
 
 
SAR Professional Development 

 
SAR Professional Development 
 
Your SAR Professional Development Committee is pleased to announce we will be holding two virtual classes with local instructors this month - see details below.   
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!  
 
What Else do we Need - PSA Addenda with Sabrina Jones Schroeder.  
 
Two day Zoom class - both days required
 
Tuesday 7/28 - 9am-Noon
Thursday 7/30 - 9 am-Noon
 
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.
 
6.0 hours 
 
 
 
 
 
 
 
 
 
Core Curriculum with Sabrina Jones Schroeder
 
Zoom class  
 
Tuesday, August 4th 
9:00 a.m. to noon
 
3.0 clock hours
 
 
 






Tax-Reduction Strategies for the Real Estate Professional - with Maine Shafer with Bradford Tax Solutions.
 
FREE Zoom class

Thursday, August 13
9:30 a.m. - 12:00 noon
No clock hours but great information!

After this seminar, you'll have what you need to bring to your tax accountant, so you qualify for thousands of dollars more in deductions.

Please plan to log in at 9:15 a.m. in case you have to download an app or encounter any login issues. Seminar begins promptly at 9:30 a.m.


   


 
 
 
 
 
To stay current with your continuing education requirements, please visit The CE Shop - Washington REALTORS®' preferred vendor for online continuing education. 
 
These are state-approved, self-paced courses that you can take in the comfort of your own home or anywhere you have internet access.   





In This Issue
Face Coverings Required Everywhere Outside you Home
Housing Market Strong Despite Pandemic
INW Fair Housing Conference
SAR 2020 Endorsements
SAR Leadership Nominations Open
Legal Hotline - Buyer Agency Agreements
RPR Quick Tips
Right Tools, Right Now
SAR Professional Development
SAR CALENDAR
Public Health Alert
SAR REALTOR® Blood Drive
PPP Extension
SAR 3rd Grade Essay/Poster Contest
Member Roster Update - June
Market Activity Report - June

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:
 
    
 
 
 
    
Public Health Alert
 
 
 
   
The Washington Poison Center has issued a Public Health Alert concerning hand sanitizers: 
 
Some alcohol-based hand sanitizers that were manufactured in Mexico have been found to contain a significant amount of methanol, also known as wood alcohol. Due to its toxic effects, methanol is not an accepted ingredient in hand sanitizers, and is dangerous to use-recent updates from the FDA report adverse events among adults and children exposed to contaminated hand sanitizer products, including blindness, hospitalizations, and death.
 
Download the alert - suitable for sharing and posting in your office (pictured above) - online here. 
 
 
SAR REALTOR® Blood Drive
   
 
   
The Inland NW is in critical need of blood donations.   
Because of the shortage, the Spokane Association of REALTORS® will be hosting a  blood drive to help our community.
 
To participate, please click on the button below.  
 
Then, in a few days, you will be sent another link to schedule a time that works for you on the Realtors assigned blood drive day.
 
Thank you!
 
Your SAR SOS (Serving our Spokane) Committee  
Spokane REALTORS® YPN (Young Professionals Network) 
 
 
 
 
 
 

 
NEW!
 
 
Erin Stackley, Senior Representative of Commercial Legislative Policy, shares updates on the PPP extension and new loan forgiveness rules. 

See his new four-minute video online here:

The PPP Extension and New Loan Forgiveness Rules
The PPP Extension and New Loan Forgiveness Rules








The PPP Loan Forgiveness Application Application - Form 3508EZ (pictured above) is pretty straightforward, but it may be helpful to have someone talk you through it.

NAR offers a video to do just that.

Download the form here, then follow along with the 14-minute video, online here:









See NAR's  SBA CARES Act FAQ (pictured above) to find out more about the Paycheck Protection Program (PPP).




All National Association of REALTORS® COVID-19 resources are online here.



WCR: Multiple Offer Madness 


 

NEXT WEEK!

Thursday, July 30th
8:30 AM - 12:00 PM


WCR invites all SAR brokers to its July program: Multiple Offer Madness with Eric Johnson.
 
This is a 3.5 hour CE course for real estate licensees that addresses best practices for parties when submitting or reviewing multiple offers.  
 
This class is a mix of interactive discussion regarding pros and cons of different methodology and how we communicate them to our clients.  
 
We will also go in depth into the statewide addenda pertaining to multiple offer situations and how they should be used.
 
 
 
 
 
Download the event flyer (pictured above) online here
 
This is a virtual event; members are free, non-members are $20 - must register and pay in advance.  
 




SAR 3rd Grade Essay/Poster Contest 
 

The Spokane Association of REALTORS® is pleased to announce the winners of its 3rd Grade Essay/Poster Contest for 2020 on the theme "What my home means to me."  
 
This annual event attracts dozens of students from public and private elementary schools throughout Spokane County.  
This year's contest included a new challenge of coordinating the creation and submission of the entries during a global pandemic when local schools were closed to in-person classes.  
 
The association particularly appreciates the additional effort both teachers and students put forward to make this year's contest such a success.  
 
Thank you to all who entered and our SAR committee members who judged them - and congratulations to our contest winners!
 
See the top-four essay/poster entries in this year's contest (pictured above) online here
    
Member Roster Update - June        
 


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


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 2020   Market Snapshot Report
(pictured above) online here.







See the 2020 Year to Date Market Snapshot Report (pictured above),   online here.




Presented by your

Spokane Association

of REALTORS®  

 

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Quick Information
2020 SAR Leadership
2020 SAR Committee Chairs

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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