Weekly Notices
Friday, May 28, 2021
   
 
   
The SAR will be closed Monday, May 31, to keep the Memorial Day Holiday.
 
QUICK LINKS: 

Luau on the Bluff 
 
 
 
 
   
NEXT WEEK!
Thursday, June 3
First Live Gathering of 2021!
  
   
Thank you to our Sponsors:  
Banner Bank
Condron Homes
Flagstar Bank
Spokane County Title
Spokane Teachers Credit Union
Synergy One Lending
WFG National Title Company of Eastern WA
 

 
The SAR proudly presents the Luau on the Bluff - our first live REALTOR® event of 2021!

The evening will include some great Pacific Island-inspired food, live music, silent auction, door prizes, a "best-dressed" contest, and a gorgeous sunset view of the valley!  
 
Tickets $35 through May 26th; or at the door on June 3rd - $50.
 
REMEMBER to social distance and wear your face-mask.  
  
    
 
 
 
 
Proceeds from our event will be going to Family Promise of Spokane.
 
 
 
Member Alert! 
 
    
NEW!
  
It has been brought to our attention that there is an email circulating to some real estate brokers that seems to come from Washington REALTORS® asking you to download a "WR Document".  
 
This is not from Washington REALTORS® and if you look at the "From" email address, it was sent from a Yahoo email address, not WR.  
 
If you receive this email, please do not open the document, click any links in the email, and please delete the email altogether. 
 
Email scams, phishing attempts, email spoofing and identity fraud continue to become more sophisticated and the frequency that members receive them have increased.  
 
Emails often look legitimate when they borrow, or scrape, images off your website - even including logos, branding elements, and etc. 
 
These emails will often seem "off" or ask you to do unusual things.  
 
When in doubt, contact Washington REALTORS® at [email protected].
 
 
 
 
 
WR has created a graphic How do you tell if an email from WR is legitimate? (pictured above). 
 
Download this WR graphic online here
 
 

Top Ten Ways to Generate Listings 
       
 
 
 
 
NEXT WEEK!
Tuesday, June 1st at 11:00 a.m. 
 
 
We know it's a tough market to find listings so we've tapped two market experts to help bring our members some tips on how to generate them!
 
Join Chris Smith (co-founder of Curaytor) and Andrew Dorn (VP, realtor.com) to learn successful strategies from top agents across the country that are CURRENTLY securing more listings in this market.  
 
This webinar is free for WR members and is designed to educate and inspire real estate professionals - there is no selling of either Curayator or realtor.com products or services. 
 
Several hundred attendees have been surveyed and over 97% would recommend this webinar to their fellow realtor.   
 
Attendees will leave this dynamic webinar with several proven tactics that will help them win more listings in 2021.  
  
 
Join us on June 1st at 11:00 AM PST.
 
  
   
 
 
 
 
 
 
NWMLS/WR COVID-19 FAQs - NEW! 
 
 
 
 
    
NEW!
    
All Washington State counties are now at Phase 3 of the Healthy Washington - Roadmap to Recovery plan and under new CDC masking guidance that allows fully-vaccinated people to no longer wear a face covering (with certain limitations).  
 
In Phase 3, the following protocols apply to the real estate industry:
 
  • Capacity for real estate offices, including guests, is limited to 50% or lower. Appointments are not required for clients to visit real estate offices. Remote meetings with clients are encouraged.
  • In-person brokerage activities at the property (showings, inspections, etc.) are permitted by appointment with no more than ten (10) people on site, in addition to the broker.
  • In-person open houses are permitted with no more than ten (10) people are on site, in addition to the broker.  
 
As a reminder, the following protocols continue to apply to all in-person activities (previews, showings, listing appointments, inspections, walk-throughs, appraisals, etc.):
 
  • In-person activities must be by appointment only;
  • Face coverings are required to be worn at all times by real estate brokers, their clients, and industry partners (e.g. appraisers, inspectors, photographers, stagers, etc.). Brokers may not provide services to any client who does not wear a face covering; and
  • Those persons must strictly follow social distancing guidelines by remaining at least six feet apart at all times.
 
Get your copy of the latest NWMLS/WR COVID-19 FAQ document - pictured above - online here
 
 
Northwest MLS and Washington REALTORS® will publish updated information, including best practices for real estate brokers, when the state fully reopens on June 30th (or sooner).
 
 
 
Legal Hotline: Real Estate Transactions 
       
 
 
NEW!
 

Washington REALTORS® Legal Hotline attorney Annie Fitzsimmons is joined by John Manning, the Designated Broker of RE/MAX On Market, in part two of the series called: "Negotiating Real Estate Transactions."
 
In today's video, they do a deeper dive into what John calls the four pillars of real estate negotiation and what that looks like within the transaction: Communication/Relatedness, Professional Credibility, Promise of Trust, and Clarity of Outcome.  
 
See the new 21-minute video online here:
 
  
Negotiating Real Estate Transactions, Part 2
Negotiating Real Estate Transactions, Part 2
 
 
 
 
Previous parts of this series are on the Washington REALTORS® YouTube channel, online here.
 
 
NAR Membership Hits Record High 
       
 
 
 
NEW!
 
The COVID-19 pandemic and a booming housing market have led to a rising number of professionals entering the real estate business.  
 
The National Association of REALTORS®' membership grew to 1.48 million at the end of 2020, up from 1.4 million at the end of 2019 - a record high - according to the association's newly released 2021 Member Profile.  
 
While the number of professionals is increasing, the housing inventory is not, and that is pressing on some real estate pros' ability to grow their sales and businesses. REALTORS® cited a lack of inventory as the leading reason limiting their clients from completing a transaction.
 
 Overall, the median gross income for REALTORS® was $43,330 in 2020, down from $49,700 in 2019.  
 
  
 

 
 
 
 
2021 SAR REALTOR® Awards Nominations 
         
  
Deadline: June 1st
 
 
Applications are now being accepted for all 2021 SAR REALTOR® Awards!  
 
You and your REALTOR® colleagues will decide who will be our honorees for:
 
2021 REALTOR ® of the Year
Steve Flinn REALTOR ® Achievement 
REALTOR ® Community Service
Affiliate of the Year
Partner of the Year
Spokane's Citizen of the Year
   
The deadline by which you must submit nominations to the SAR for them to be considered is Tuesday, June 1st.
   
 
 
 
   
 
 
 
The 2021 SAR REALTOR® Awards will be announced and presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.  
 
More details to come! 
 

 
 
 
2020 Gary Fox Memorial Award 
         
  
 
Deadline: June 1st
 
Nominations are now being accepted for the 2020 Gary Fox Memorial Designated/Managing Broker Award.
 
This award recognizes a Designated Broker or Managing Broker who serves as an example of loyalty, ethical behavior, and leadership in the real estate profession.
 
The deadline to submit applications to the SAR is Tuesday, June 1st.
 
 
 
 
 
The 2020 Gary Fox Memorial Designated/Managing Broker Award honoree will be announced and presented  at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.  
 
More details to come! 
 
 
 
 
2021 James S. Black Memorial Scholarship 
         
 
 
Deadline: June 1st
 
Applications are now being accepted for the 2021 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 Tuesday, June 1st.
 
 
 
 
 
 
The 2021 James S. Black Memorial Scholarship will be announced and presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th.
More details soon! 
    
 
 
2021 SAR Legacy of Service Award 
         
SAR-100-Badge
   
 
Deadline: June 1st
 
Your SAR is now accepting nominations for its 2021SAR Legacy of Service Award.
 
This award is created as a "Lifetime Achievement" award to honor those REALTOR® members who are respected in our profession by colleagues and serve our profession through various Association committees.
 
Additionally, this award honors those who spend the majority of their years as active REALTORS® mentoring newer members, helping to define regulations within our field, all the while giving back to the community.
 
The deadline to submit nominations to the SAR is Tuesday, June 1st.
   
 
 
 
 
 
 
 
The 2021 SAR Legacy of Service Award will be presented at the SAR's Quarterly Meeting & Luncheon at Centerplace - August 19th    
 
We'll have more details to share soon! 
     
 
 
SAR Professional Development 

 
SAR Professional Development 
 
    
The SAR continues to offer a full schedule of virtual classes to help members satisfy their professional development requirements to keep their REALTOR® status current.
 
The content is much the same as you have enjoyed in the past. The instructor and students are together in real time, just not in person, and are able to engage in questions and answers to make the material most relevant to each individual.  
 
 
SAR photo
 
 
Classes are monitored to ensure attendance and attention so that credit is earned for actual participation and not just for connecting to the class (see photo above).
 
We expect to maintain virtual classes through the summer, though may begin offering a hybrid live-virtual experience in coming weeks. 
 
 
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!
 
Core Curriculum with Sabrina Jones Schroeder 
(Zoom class)
 
Tuesday, June 1st
9 a.m. - noon
3.0 clock hours 
 
THIS CLASS REQUIRES A SPEAKER & YOU TO BE ON CAMERA. BE PREPARED!  
 
The Washington State Real Estate Commission and Department of Licensing require the completion of 3 clock hours of prescribed core curriculum.   
The 3 mandatory core clock hours must be included in the 30 clock hours required for active licensees.   
"Current Issues in Washington Residential Real Estate 2020-2021" is the Core Curriculum course required by DOL.  
 
Remember, you must take this class every 2 years for your license renewal. We are now in the 2020-2021 two year cycle.
 
 
 

 
 
NEXT WEEK! 
 
 
Code of Ethics our Promise to Professionalism with Mike Crowley
 (Zoom class)  
 
Thursday, June 3rd  
9:00 a.m. - 12:30 p.m. 
3.5 clock hours
 
This half-day Ethics class is for those that are past their first license renewal.  
 
Remember, you must take a Code of Ethics class once between January 1, 2019 and December 31, 2021.  
This class meets those requirements.
 
New members must first take a 7.5 hour Code of Ethics class before taking this 3.5 hr class.
 
 
 
 
 
 
In This Issue
Luau on the Bluff
Member Alert!
Top Ten Ways to Generate Listings
NWMLS/WR COVID-19 FAQ - NEW!
Legal Hotline: Real Estate Transactions
NAR Membership Hits Record High
2021 SAR REALTOR® Awards Nominations
2020 Gary Fox Memorial Award
2021 James S. Black Memorial Scholarship
2021 SAR Legacy of Service Award
SAR Professional Development
SAR CALENDAR
YPN: Fresh Friday
SAR Blood Drive
Pride Month Events
Property Values Jump 12.6%
Housing Crisis Discussions
Fairhaven Congrats!
SAR Golf Tournament - SAVE THE DATE!
Retirement Summit
2021 REALTORS® Conference and Expo
SAR Member Roster Update - April
SAR Market Activity Report - April

SAR CALENDAR
 
Click on the image below to see
the current SAR calendar showing dates and times
of classes, committees, and events. 
YPN: Fresh Friday 
 
       
TODAY AT NOON!
 

 
Fresh Friday with Steve Francks - the Washington REALTORS® CEO.
 
Steve will talk with us about some benefits of being part of Washington REALTORS® and National Association of REALTORS® and what WR is doing on a state level with some housing issues.
 
This is an online event via ZOOM, and our Fresh Fridays series will be held every 2nd Friday of the month.
 
 
 
 
 
 
 
SAR Blood Drive 
 
 
 Tuesday, June 8th!
   
Our next blood drive will be June 8th at the SAR on the bus!  
 
Ready to make your appointment?
 
 
 
 
Pride Month Events
 
 
 
NEXT WEEK! 
Thursday, June 3rd, 10-11 a.m.
    
  
Please join us for a Q & A with LGBQT+ Real Estate Alliance CEO Ryan Weyandt to learn more about the alliance, the LGBTQ+ Real Estate Community, LGBTQ+ Real Estate Issues and more.

The LGBQT+ Real Estate Alliance is a non-profit member organization dedicated to empowering the LGBTQ+ community on their path towards and enjoyment of homeownership.

With Alliance chapters across North America, we are an all-inclusive and all-embracing organization which will enhance the lives of the LGBTQ+ community. We strive to improve the professional lives of our members while providing consumers the necessary resources to assist in all facets of the homeownership experience.

The Alliance is also a leading advocate for the LGBTQ+ community in real estate and housing policy, working on behalf of all LGBTQ+ people on their housing needs. The LGBTQ+ Real Estate Alliance has a mission to advocate, elevate, and celebrate.
 
 
 
 
 
  
 
 
 
Property Values Jump 12.6% 
 
   
    
NEW!
 

 
At this point, the increases are almost starting to feel normal.

Spokane County single-family residential property values rose 12.6% this year, according to the assessor's office.

That's a big jump, but county appraisal supervisor Joe Hollenback said it's about the same as last year.

Hollenback said single-family homes have risen by roughly that amount each of the last four years.

That means the average single-family home is about 1.5 times as valuable today as it was four years ago.



Read the entire article in The Spokesman-Review online here.

 
 
 
 
Housing Crisis Discussions
 
 
       
NEW!
 

 
Allowing for a variety of housing in areas that currently prohibit it, advocates argue, could help stem the rise in housing prices that feel nearly exponential and provide more opportunities for homeownership.  
 
The average sale price of $356,500 for a home in Spokane County in April was a record high, and a 27.3% increase over April 2020.

"If my son moved home and wanted to be part of the Spokane workforce, he couldn't buy a house here," said Councilwoman Karen Stratton.  
 
"If we want people to come into our community and work and live, we've got to have opportunities that are not just single-family homes."
 
 

Read the entire article in The Spokesman-Review online here.

 
   
 
 
 
 
Fairhaven Congrats! 
 

 
 
 
2021 SAR President Eric Johnson offers congratulations to SAR members who helped us win a recent contest for turning out the highest percentage increase in Fairhaven member participation from across the state!
 
See his personal one-minute message online here: 
 
 
 
 
Farihaven Congrats 
Fairhaven Congrats
 
  
 
 

Fairhaven is a virtual place, but the lessons you learn there can make a real difference in your business.  

The platform takes real estate professionals to the fictional town of Fairhaven, where agents work to close four deals while confronting situations in which discrimination is a factor.

As agents advance through the simulation, they receive feedback on their performance that they can use in real-life situations.


The course takes 60 to 100 minutes to complete and can be paused or retaken as necessary.
   
Visit Fairhaven now:

 

 
 
 
SAR Golf Tournament - SAVE THE DATE! 
 
 
 
 
SAVE THE DATE:
Thursday, July 15th!
   
 
The 2021 SAR Golf Tournament is scheduled at Down River Golf Course Thursday, July 15th.
 
More details to come in our Weekly Notices Friday, June 4th.
 
  
 
 
 
Retirement Summit 
 
 
 
NEW!
Every Wednesday in July
 

Are you set for retirement?
 
Each REALTOR® has a unique vision for retirement.  
 
Proactive planning is the first step towards bringing that vision to life.  
 
Register now to attend NAR's Center for REALTOR® Financial Wellness Retirement Summit, featuring Morgan Stanley® experts.  
 
This four-part virtual series in July will help you shape your vision for retirement and develop steps to ensure your finances are set for the long-term.
 
Join Mike Engel, Institutional Consulting Director and Director of Corporate Retirement, and Jim Phillips, SVP Wealth Management Financial Advisor and Senior Investment Management Consultant, as they talk about retirement basics, tips for pre-retirees, and investment strategies for independent contractors.  
 
The event consists of four one-hour webinars, every Wednesday in July, starting at 11 a.m. 
 
 
 
  
 
 
 
2021 REALTORS® Conference and Expo 
 
 
 
 
 
November 12-15
Registration Open Now!
   
 
Attend NAR's 2021 REALTORS® Conference & Expo, and make an investment in yourself and your business that will pay off in dividends for years to come.  
 
Your conference experience includes learning and networking sessions where you can easily engage session leaders and connect with like-minded participants about issues that are relevant to your goals, ask questions, and share real solutions with your peers.
 
Browse the industry's largest trade show
, with over 250 exhibitors, to find products and services that will help you conduct business more efficiently.  
 
Special events 
provide a fun way to network with peers in a casual atmosphere.  
 
You will return home with the knowledge, tools and connections to be successful in this competitive business.
 
Attend on line or in person! 
 
Find more information and the link to register here: 
 
 
 
  
 
 
 
SAR Member Roster Update - April

 
 
Updated for April  
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 - April 
        

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

See the April 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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