BROKERS NEED TO KNOW OCTOBER 2015 PLEASE VOTE! Please remind every member of your team to vote! Ballots were mailed to every one of Spokane County’s 280,000 voters this week. To count, all ballots must be returned by close-of-business on Tuesday, November 3rd. Your SAR Government Affairs Committee strongly recommends a NO vote on Proposition 1 in the City of Spokane. Read more about Proposition 1 (a City Charter Amendment to establish a Worker Bill of Rights) online here: https://greaterspokane.org/blog/2015/09/protect-spokane-jobs-vote-no-on-prop-1/ See one of the 30-second informational spots about this issue online here: https://www.youtube.com/watch?v=17Xl7LSnatg Your SAR Government Affairs Committee endorses these candidates for the upcoming November General Election: David Condon, Mayor, City of Spokane Mike Fagan, Spokane City Council, Position 1 Evan Verduin, Spokane City Council, Position 3 The names of two SAR members will be on your General Election ballot in the City of Spokane Valley. Your SAR endorses these candidates: Arne Woodard, City of Spokane Valley, Position 3 Sam Wood, City of Spokane Valley, Position 6. Page 1 of 12 CALL FOR ACTION Congress is considering a proposal that would create a tax on all potential homeowners and consumers looking to purchase or refinance a mortgage. By increasing Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs, Congress would disturb the housing recovery. Now is not the time to raise the cost to purchase or refinance a home. NAR strongly believes that taxing homeowners to pay for transportation programs places an unnecessary long-term burden on consumers and this action will disproportionately impact low and moderate income borrowers, as well as first-time homebuyers. Tell Congress to stop taxing homeowners to fund transportation projects: http://www2.realtoractioncenter.com/site/R?i=n-msn2GJK9hRbMPyfAwZ5Q NEW FORMS Your association Board of Directors has approved revisions to the following forms – see the redline copies of each form (offered among the supporting documents to this newsletter) to easily see the changes: SAR-ELA - Exclusive Right to Sell - Redline Version SAR-BR - Buyer Representation Agreement - Redline Version Form 4145 - Termination/Temporary Suspension of Listing Agreement - Redline Version ZipForm and Express Form platforms have already posted the revisions. Please remember that if you have templates with any of these forms, you will want to remove them from the template and re-add them to have the current version. Page 2 of 12 TRANSACTIONDESK UPDATE TransactionDesk is the new Forms solution that will be replacing zipForm. (Please see the FAQs below for more information). The SAR has beta-test trainings and some preliminary training sessions that have been filled. November. Our timeline is to complete testing and setup and integration by the end of October and announce a full launch schedule for members the first week of During this launch week, we will be offering many more live training opportunities. Please see below for a chart of the classes and dates. (See a larger version of this chart among the supporting documents to this newsletter). Registration for these sessions will be available online beginning Monday, October 19th, through the SAR Education portal. Later in November, there will be an opportunity to attend clock hour trainings on this new platform! Please watch the Weekly Notices for more updates. See the Broker FAQ and Managing Broker FAQ among the supporting documents to this newsletter. Page 3 of 12 2016 SAR LEADERSHIP CANDIDATES Your SAR Nominating Committee is pleased to announce its slate of candidates for 2016 SAR leadership: PRESIDENT-ELECT Ken Sax, Keller Williams Spokane - Main Jennifer Valerien, RE/MAX Inland Empire TREASURER Chris Bornhoft, Windermere Manito Doug Hagood, Hagood Real Estate and Mortgage SECRETARY Tom LaLone, John L. Scott Spokane, Inc. DIRECTORS Michael Baker, Century 21 Beutler & Associates Spokane Bart Cloninger, Windermere Manito Eric Etzel, Choice Realty Ken Garceau, Windermere Manito Steve Hagen, Keller Williams Spokane - Main Wendy Kennedy, Windermere North Karene Loman, Keller Williams Ron McIntire, Choice Realty Gina Mosey, John L. Scott Spokane, Inc. In accordance with Article XV, Section 15.2 of the Association Bylaws, additional candidates may be nominated by the REALTOR® members. For those wishing to nominate a REALTOR® member for an Association Officer or Director position, Nominating Petitions will be available from the Association office Tuesday, October 6th through Tuesday, October 27th. Deadline to return petition is Tuesday, October 27th! ALL VOTING WILL BE DONE ELECTRONICALLY!! You will receive Notice on Friday, October 30th of the "Final Slate of Candidates". Voting also begins on Monday, November 2nd. You will receive an email invitation to vote. When Page 4 of 12 you click on the link for the ballot, it will take you to the Member Portal. You will need to sign in with your user name and password and then it will take you to the ballot. Deadline to fill out ballots will be Wednesday, November 18th, 4:30 p.m. Our new leaders will be announced at our Annual Membership Meeting on Thursday, November 19th at CenterPlace. See a printable list of our 2016 candidates among the supporting documents to this newsletter. REAL ESTATE IN A DIGITAL AGE House-hunters are increasingly turning to the Internet for their home search, but they still say they need a real estate agent's expertise, according to the National Association of REALTORS® Real Estate in a Digital Age report. estate agent. Forty percent of buyers surveyed said they looked for properties online as the first step in their house-hunt, according to NAR. But 88 percent of buyers last year purchased their home with the assistance of a real As consumers get more tech-savvy, real estate professionals say they are too. 80% of REALTORS® surveyed now say they use the social media platform Facebook. 93% say they prefer to communicate with their clients via email. See the entire report online here: http://www.realtor.org/reports/real-estate-in-a-digital-age D.A.N.G.E.R. REPORT Washington REALTORS® may now download one of the most talked-about reports NAR has produced. Take a quick look at what the DANGER Report is all about. Page 5 of 12 See the three-minute video online here: https://www.warealtor.org/leadership-survey Visit the D.A.N.G.E.R. Report website, online here: http://dangerreport.com/ YOU BE THE JUDGE – SEPTEMBER/OCTOBER Here is the You Be The Judge for September/October: Case #1-10: Obligations Under Exclusive Listing. Those who decide correctly will be entered in a drawing for a Starbucks coffee card! The winner will be announced next month. Read the case and submit your judgment online here: http://www.spokanerealtor.com/information-center/code-of-ethics-/you-be-thejudge Congratulations Mary Guderjohn, Exit Real Estate North, our July/August Starbucks card winner! JULY/AUGUST ANSWER The Hearing Panel disagreed with Seller S's contentions. It noted that while REALTORS® do, in fact, have an obligation to preserve confidential information gained in the course of any relationship with the client, Standard of Practice 1-9 specifically provides that latent material defects are not considered "confidential information" under the Code of Ethics. Consequently, REALTOR® A's disclosure did not violate Article 1 of the Code of Ethics. From Case #1-25: Disclosure of Latent Defects Last month's case is online here: Page 6 of 12 http://www.spokanerealtor.com/information-center/code-of-ethics-/prior-monthyou-be-the-judge LEADERSHIP SURVEY Your REALTOR® Association is the largest, most influential trade organization in Washington State. We are governed and directed by REALTORS® just like you. We have new committees and short-term advisory groups where you can make an impact and have your voice heard. You can help direct the Association and benefit while doing so: Getting involved in your REALTOR® Association is a pathway to a better understanding of real estate issues impacting your business. You will have an opportunity to utilize your leadership skills and to develop new skills. You will network with other leaders and expand your referral base. Interested? Take the first step by registering for a leadership role & answering 10 questions about your skills and background. Find the Leadership Survey online here: https://www.warealtor.org/leadership-survey Page 7 of 12 PACK THE PANTRY Your SAR placed this display ad in The Spokesman-Review this past Sunday. Thank you to our great member volunteers for making this event possible! Page 8 of 12 SEPTEMBER MARKET STATISTICS This is an excerpt of the Spokane Association of REALTORS® July 2015 Residential Market Activity Report. Access to the full report each month is a benefit of your association membership. See the full report online here (after you log in to the member portal): https://www.spokanerealtor.com/Market%20Activity/Market%20Activity%20051 5.pdf SEPTEMBER LOCKBOX STATISTICS Page 9 of 12 Page 10 of 12 Page 11 of 12 Page 12 of 12
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