Get the Facts - Member Updates

  • by Washington REALTORS®
  • Mar 8, 2024, 15:27 PM

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March5, 2024Edition

Member Updates

Draft Like a Lawyer April 23 and 24 9am to 430pm at Centerplace Regional Event Center in Spokane Valley WA.

Draft Like a Lawyer Seats are Filling up Fast!

Join us April 23rd -24th, 2024 at the Center Place Regional Event Center in Spokane for Draft Like a Lawyer!

This two-day in-person course is designed to teach you the necessary drafting skills and integrated use of the most popular statewide forms! Not only will you improve your drafting skills, but you'll also earn 16CE credits as you learn about real estate forms and how to use them in your business. Additionally, the course allows you to catch up on high-demand topics taught by Legal Hotline Lawyer, Annie Fitzsimmons!


Second Century Ventures Opens Applications for 2024 REACH Commercial Program

 

NAR's REACH Commercial program aims to scale the most promising new technology companies in real estate including brokerage, developer, housing, and financial solutions. Program participants receive premier access to things like mentorship from real estate, venture capital and technology sector leaders, education on how to navigate the trillion-dollar global property industry from top experts, exclusive opportunities at the most impactful conferences, trade shows, networking events, and much more!

Applications for the 2024 REACH Commercial program will be accepted through April 15, 2024.


March is Women's History Month

Women's History Month is a time to acknowledge the important contributions of women in shaping the real estate industry. From shattering glass ceilings to charting new territories, women have continuously propelled the field forward!Take, for instance, the trailblazing Corinne Simpson of Seattle, who made history in 1910 as the FIRST-ever woman to join NAR®! Despite encountering obstacles, her resilience and determination paved the way for generations of women in real estate... Read more about Corinne and Women's History Month at the link below.


Register for SBC Before April 6th to Get Early-Bird Pricing!

Mark your calendars and get ready for an eventful conference experience at the Marriott Tacoma Downtown from Wednesday, April 17th to Friday, April 19th, 2024!

Be a part of your association! Join us for governance and committee meetings that help elevate real estate. Plus, enjoy networking opportunities, our annual leadership elections, and the REALTOR® Awards ceremony, where we'll honor outstanding achievements within our community. We look forward to seeing you at this event! Register today for discounted pricing.


Struggling to Navigate the Latest Agency Law Changes? Register for Operation Evolve 2.0!

The revised Agency Law took effect January 1, 2024, and changed existing law, practices and forms within the Washington real estate industry. The changes were dramatic and impacted substantially, the way that brokers engage with consumers, how brokers are compensated, how brokers memorialize compensation agreements, and how consumers view the industry and their involvement in residential and commercial real estate transactions.

Take this course and expect to learn more about why the evolution is necessary, what forms changed & how to use them to reach consumer goals, create transparency for consumers, and examine real-life scenarios while practicing writing and reviewing offers. Don't miss out on this opportunity to stay ahead of the curve!

Upcoming Classes:

 

Did You Know?

ICYMI: NAR is Providing ABR® Coursework for FREE!

One of the many valuable resources that NAR provides is education to help members better run their businesses and support their clients amid an ever-evolving real estate landscape—including communicating value and walking buyers through written buyer representation agreements. That’s why, in partnership with the Center for REALTOR® Development, NAR is making the popular Accredited Buyer’s Representative (ABR®) Designation Course, which is typically $295, available to REALTORS® at no cost starting Feb. 27th.See available options following the link below!

Legal Hotline Q&A of the Week

Question

When filling out a form 34 to change the name of the buyer should you still use the name on the original contract at the top of the form naming the parties or should you use the name that it is being changed to in the notes below?

Answer

It is not clear how a Form 34 can be used to change the name of the buyer. Is the Form 34 changing the identity of the buyer or truly making a correction to the spelling of buyer's name only? If it is the latter, then Form 34 can be used to correct the spelling and the introductory paragraph of Form 34 should be consistent with the PSA to which the Form 34 is attached. If the purpose of the Form 34 is to change the identity of the buyer, then Form 34 is not sufficient. Instead, buyer should assign buyer's interest in the PSA using a Form 32.Assuming seller did not consent to buyer's assignment in the original PSA, then seller will have to consent to the buyer's assignment of the PSA to the new buyer. Form 34 can be used to evidence seller's consent to the assignment.

The Legal Hotline Lawyer does not represent Washington REALTORS® or its members. The advice contained herein does not constitute legal counsel. To browse through our database of past Q & A’s, visit warealtor.org/legal-hotline. Attorney Annie Fitzsimmons writes the Legal Hotline Question and Answer of the Week. This is a WR members-only benefit so you will be prompted to log in with your M1 number and password. Your Designated Broker is cc’d on Legal Hotline inquiries.

MARK YOUR CALENDAR

Mark Your Calendar for Spring Business Conference April 17th-19th, 2024!

WR Spring Business Conference

April 17th-19th, 2024

Marriott Downtown Tacoma

NAR Legislative Meetings

May 4th-9th, 2024

Washington, DC.


Graph showing Mortgage Rates from Jan 30 2024


EDUCATION OPPORTUNITIES



2024 Professional Standards Training
Wed. March 6th - Thur. March 7th, 2024(9:00am to 1:00pm) 7CE Total

Live Webinar
Learn More & Register

 

Current Issues in WA Residential Real Estate

Thursday, March7th, 2024(9:00am to 12:00pm) 3CE Hours

Live Webinar
Learn More & Register

 

NAR Code of Ethics

Thursday, March 21st, 2024(9:00am-12:00pm) 3CE
Tri-City Association of REALTORS®, Kennewick, WA.

Learn More & Register

 

Operation Evolve 2.0: Adapting to New Legal Requirements and Consumer Expectations
Thursday, March 21st, 2024(9:30pm-1:00pm) 3.5 CE Hours

Live Webinar

Learn More & Register

 

Professional Standards Express

Thursday, February29th, 2024(9:00am-12:30pm) 3.5 CE Hours

Tri-City Association of REALTORS®, Kennewick, WA.

Learn More & Register

 

View All Upcoming Classes...

 

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WASHINGTON REALTORS® MEMBER!

 

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