August 2024 - VOLUME 29 - NUMBER 8 | |
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Bocce Ball &
Backpacks Tournament
Wednesday, August 14
1:00-4:00pm
East Side Club, Madison
SOLD OUT!
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Sauk Columbia Chapter
Gyros For Heroes Fundraiser
Wednesday, August 28
11:00am-6:00pm
Sauk County Fairgrounds, Baraboo
MORE DETAILS
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REALTOR® Safety Month Program
Wednesday, September 11
Time TBD
WRA Education Center, Madison
SAVE THE DATE
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Handbags For Homes Fundraiser
Thursday, October 17
4:30-10:00pm
Garver Feed Mill, Madison
SPONSOR NOW
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Cindy Strange Memorial Golf Outing | |
Thank you to everyone who attended last month's Cindy Strange Memorial Golf Outing at Hawks Landing in Verona. It was the perfect day for golf, networking, and raising money for this year's RASCW Good Neighbor Award - $10,000 was raised! Thanks also to our sponsors and the Membership Networking Committee for your work in planning this great event. | |
RPAC Golf Outing & Live and Silent Auction | |
Members who attended the recent RPAC Golf Outing & Live and Silent Auction enjoyed gathering together and the chance to invest in the REALTORS® Political Action Committee (RPAC) to help back candidates who support issues important to the real estate industry. Thank you to our event sponsors and those who donated and purchased auction items in support of RPAC - more than $20,000 was raised! | |
Southwest Chapter Home Inspector Panel | | |
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Southwest Chapter members, if you missed it live, watch this recording of the recent Southwest Chapter Home Inspector Panel to hear two local home inspectors answer a variety of home inspection related questions from Southwest members. Thanks to our panelists, Doug Nelson of Nelson Inspection Services and Rich Reinart of The Home Inspector, for sharing your knowledge and expertise with us! | |
Young Professionals Network (YPN) Social | |
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Thanks to everyone who came out for last week's kickoff event for the newly created RASCW Young Professionals Network! YPN seeks to foster the growth and development of "young" real estate professionals to help them excel in the industry, and this networking event was a great way to start that. Click here if you'd like to sign up to be on the YPN email list to stay up to date on their upcoming events - there's much more to come!
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2025 Board of Directors Nominations & Petition Notice | |
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The Leadership Nominating Committee of the REALTORS® Association of South Central Wisconsin announces the following nominees for the open seats on the 2025 RASCW Board of Directors. The new Directors will be elected in September to serve three-year terms beginning in January 2025.
Hannah Haas, Wisconsin.Properties Realty; Class II Broker, Grant County
Ryan Oliversen, Bunbury & Associates; Class I Non Broker-Owner, Dane County
Phani Palety, Big Block Midwest; Class II Non Broker-Owner, Dane County
Click here for more information about the nominees and how they meet the Board of Director's desired competencies.
The Leadership Nominating Committee was charged with selecting one nominee for each directorship to be filled on the Board. Additional members meeting the criteria for a Director position to be filled may appear on the ballot if they agree to the time commitment involved and are supported by a petition signed by 25 or more members (no more than ten from their own company). Ballots will be made available to all members in good standing by September 1, 2024. If there are no contested directorship positions, ballots will not be made available and the Leadership Nominating Committee's nominees shall be declared duly elected by the RASCW Board of Directors at their September business meeting.
Petitions must be received at the RASCW office before August 15, 2024. Click here for the Petition form and Board time commitment information. If you have questions on the petition process, please contact Tanja Washburn at tanja@wisre.com or 608-240-2800 ext 0206.
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Lawsuit Settlement Changes Reminder From NAR | |
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For months, we've been talking about changes coming to the real estate industry as a result of the national settlement agreement related to broker commissions. That time is finally upon us. Starting August 17, there are two important changes going into effect related to how we do our business.
First, offers of compensation will be prohibited from appearing on Multiple Listing Services (MLS's). It's important to understand that home sellers and brokers may still offer compensation off MLS's. Compensation can include a range of options, including a fixed-fee commission paid directly by consumers, concessions from the seller such as buyer closing costs, or a portion of the listing broker’s compensation. What doesn’t change is that commissions and fees have been and continue to be negotiable.
The second change will require that agents working with a buyer enter into a written agreement before touring a home. The agreement must clearly and specifically set out the amount or rate of compensation. The written agreement requirement does not require any type of professional relationship between real estate professionals and buyers.
Change can be tough, but these new rules help move our industry in a positive direction. They raise the bar on transparency and fairness, and emphasize the importance of clear, negotiated agreements that protect both agents and buyers.
Something that won’t change per this agreement is that REALTORS® will continue to provide invaluable services, guiding clients through complex and emotional transactions with expertise and dedication. REALTORS® have been and will always remain committed to offering exceptional service and building trusted relationships with their buyers and sellers, and now with even clearer guidelines to support us.
Please click here for a list of the changes coming to the SCWMLS and related FAQ's.
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RASCW Affiliate Membership
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Affiliate Membership is an extremely important and mutually beneficial part of RASCW’s membership. Affiliates do not hold a real estate license but work in industry adjacent fields including lending, title, law, home warranty, home inspection, moving, and property management. By joining RASCW they establish relationships with REALTORS® and other industry partners that can help grow their career and businesses.
The first member in the company to join is the State Affiliate, is the responsible party for the company, and pays higher dues, but also has access to both local (RASCW) and state (WRA) Affiliate benefits. Additional members with the company that join under the State Affiliate are known as Local Affiliates and are eligible for local (RASCW) benefits only.
If you know someone in your community that would make an excellent addition to RASCW as an Affiliate Member, please ask them to consider joining us - it’s never been easier! Our application can be filled out online and the 2024 Affiliate dues schedule can be found here. Looking for a current RASCW Affiliate Member? Click here! Questions? Please email them to Jen@wisre.com.
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RASCW Good Neighbor Award Recipient: Bobbi Brandt & Castle Rock Realty | |
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RASCW knows community is everything to our members and that everyday acts of kindness are part of who they are. To shine the spotlight on our members’ commitment to service, we brought the NAR Good Neighbor Award local for a third year and announced this year's recipients in March.
The fourth and final recipient, Bobbi Brandt and the Castle Rock Realty Team, has always believed in the importance of community service. In sharing their story, they highlighted outreach in Adams and Juneau Counties, which are the 5th and 12th poorest counties in Wisconsin. For years Bobbi and the Castle Rock Realty team have dedicated themselves to making a positive impact on the lives of neighbors, especially children and teachers in their local public schools.
Some of their efforts include providing mittens and winter clothing for children in need, organizing school supply drives to properly equip students and teachers with essential tools for learning, and providing financial contributions to ensure that all children can enjoy the benefits of participating in sports. They also matched the monetary donation made through this award, providing additional support to area school districts. Bobbi and the Castle Rock Realty Team, we applaud your dedication to your community's well being - thank you for being part of a brighter future for all!
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August Member Spotlight: Liz Ortgiesen | |
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Through our Member Spotlight Series, RASCW highlights members and their personal stories to help members connect and empower others to successfully pursue a real estate career. If you'd like to be considered for one of our Member Spotlights, click here to complete the online form.
Our August Spotlight is Liz Ortgiesen, a REALTOR® with Bunbury & Associates who has been in the industry for two years. Liz enjoys working with and helping people from different backgrounds, and recommends that those new to the industry "be honest, have integrity and be open-minded" to help find success. She feels being a part of RASCW has helped her be successful through the connections she has made with other Realtors® as well as Affiliate members who can be additional resources and sources of support for her clients. Click here for Liz's full spotlight!
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RASCW Member Receives WRA Award | |
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Let's congratulate RASCW member Jacci See for receiving the WRA 2024 Distinguished Service Award, the highest honor bestowed on a member who has made exceptional contributions to the association and the real estate industry. Jacci has been a REALTOR® member for more than 30 years, and amongst many other impressive industry and community leadership roles, was RASCW President in 2000, currently serves on the RASCW Housing Foundation Board of Directors, is a major supporter of RPAC, and was recently nominated for the RASCW Good Neighbor Award for her work with Horizon High School, the only recovery high school in Wisconsin. Congrats, Jacci - this was so deserved!
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July 2024 Membership Updates | Click Image Above for Larger View | |
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RASCW Involvement Opportunities
Click here to learn more about each of our committees. By joining a committee in the new year, your industry knowledge will increase, your networking skills and connections will grow, and you'll have the opportunity to make a real and positive impact on the local real estate community.
If you'd like more information about getting involved, please contact Erin Volland at erin@wisre.com.
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Click Above for Asking Lease Rates | |
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