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Forms Classes
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NEXT WEEK!
SOLD OUT!
Friday, March 12th
All scheduled forms classes with WR are full, as is next week's SAR class with Annie on Friday, March 12th.
Send an email if you'd like to be put on the wait list for future classes:
Forms revisions were published for use by members on March 3rd.
Washington REALTORS® offers a recording of one of Annie's recent forms classes - it's the same content as a live class but does not qualify for clock hours.
If you'd like to watch it, the three-hour class is online here:
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New Forms, Hot Topics & Other Industry Fun
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Forms Changes
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Many revised and new NWMLS/Statewide forms were released this week, on Wednesday, 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Other forms revisions are not substantive and include minor clarifications and updates to outdated vernacular.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 are available for order in hard copy from NWMLS - please allow extra time for printing and shipping.
The forms were published for use on TransactionDesk on March 3, 2021.
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RPR®: Redisigned, Reorganized, Refreshed
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NEW!
Based on input from REALTORS® like you, RPR® has launched a refreshed and simplified version of its website.
Experience the updated RPR® today!
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RPR: Refreshed Version Live Now!
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Tech HelpLine: Save Time with Three Apps
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Face masks, hand sanitizer, PPE packs, and other REALTOR®-branded items are in stock and available now from the REALTOR® Team Store.
Check out the entire inventory of REALTOR® COVID-19 tools 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 6 of this series, Annie and Paul talk about seeing instructions from Listing Broker that the buyer write their offer to include a term that the buyer's earnest money will be released to the seller upon mutual acceptance. They'll cover the inherent risks in this practice.
The 11-minute video is online here:
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Dangerous Business Practices
in a Sellers Market, Part 6
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In Part 5 of this series, Annie and Paul discuss the practice of listing brokers with offer instructions suggesting that the buyers remove the "Information Verification" paragraph from Form 21. Contrary to what some brokers believe, they explain WHY the Information Verification Provision is actually beneficial to the seller.
The video runs about 10-minutes:
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Dangerous Business Practices in a Sellers Market, Part 5
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The fourth video in this series is online here - 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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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!
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 3/9 8:30 am - 12:30 pm
Thursday 3/11 8:30 am - 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.
Success Basics for Landlords and Property Managers with Eric Bessett (Zoom class) Wednesday 3/17 1:00 pm - 4:00 pm THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED! This course is divided into three distinct sessions: (1) Landlord-Tenant Law (including SB5600), (2) Forms, Notices & other documents (3) Practical, Real-World Best Practices. Come receive a comprehensive overview of how to property navigate the legal, practical and technical landscapes within this housing segment. 3.0 clock hours
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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MLS Fees Due
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DUE MARCH 30TH!
Second Quarter MLS fees have been posted to the SAR member portal.
They are due by March 30th.
Please email Brenda at the SAR if you have a question about your fees or contact her by phone at 326-9222.
Thank you!
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Shocking History of Real Estate
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Thursday, March 11
FREE 90-minute Presentation
The Residential Real Estate Council of Washington presents: Shocking History of Real Estate that All Agents Need to Know - Thursday, March 11th, at 5 p.m.
What's so shocking about the history of real estate?
Look at this - a 1946 Deed of Sale from here in Washington state with these words: "This property shall not be resold, leased, rented or occupied except to or by persons of the Aryan race."
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SAR Quarterly Blood Drive
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Choose your time/place to give:
Thursday, March 25 (downtown)
Tuesday, March 30 (north)
The Spokane-Eastern Washington Women's Council of REALTORS®, the Spokane Association of REALTORS®, and the Spokane REALTORS® YPN are partnering with Vitalant for an SAR Quarterly Blood Drive!
Donating blood is one of the easiest ways to give back to your community - donate today!
Download the event flyer (pictured above) for posting
in your office and sharing with your colleagues online here.
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Remote Audits
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NEW!
Starting next week!
The Washington State Department of Licensing (DOL) Real Estate Audit Unit has announced that it will begin conducting audits remotely starting on March 8, 2021.
Until further notice, audits will be conducted remotely, instead of in-person at its license location.
Read an FAQ (Frequently Asked Questions) document about this online here.
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Member Value Plus
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Register for Buffini & Company's Weekly Digest brought to you by REALTOR® Benefits Program partner Buffini & Company.
GET THIS!
Brian Buffini's Real Estate Report - a $295 value!
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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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2021 NAR Legislative Days
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May 3-14
Registration Open Now!
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 is open now!
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SAR Member Roster Update - February
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NEW!
Updated for February
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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