Buyer Financing and Commission Financing After the Settlement
The below information was shared by NAR in The Hub. We strongly encourage all members to create your Hub account to track updates and information provided by NAR. The recently announced settlement raised several questions regarding access to mortgages and the ability to finance agent commissions. In short, under the settlement, buyers still have the same…
Update Regarding NAR Proposed Settlement in Class-Action Lawsuit
Following up on NAR’s March 15 announcement of a proposed settlement to end the Sitzer/Burnett class-action lawsuit, Washington REALTORS® has released a video update breaking down the three aspects of the proposed settlement and what their impacts are likely to be for real estate practitioners in Washington State. At a fundamental level, the proposed rules…
In the Mood for a Little Spring Cleaning?
In the mood for a little spring cleaning? Whether you hire a house cleaning service or you prefer DIY, you know why a good “Spring Cleaning” is so important. Spring is when we come out from the dark shroud of winter into the light and enjoy the blossoming trees and flowers. Spring is the season…
Battling the Downpour: How Western Washington’s Rainy Season Impacts Homes and the Importance of a Home Inspection
Written by Herb Daniels Battling the Downpour: How Western Washington’s Rainy Season Impacts Homes and the Importance of a Home Inspection As the lush green landscape of Western Washington transforms into a canvas painted in myriad shades of gray, residents brace themselves for the onslaught of the rainy season. While the rain brings its own…
Unlocking the Power of Pre-Inspections
Unlocking the Power of Pre-Inspections: A Strategic Approach for Sellers By: Jon Teabo, President of A-Pro Home Inspection Services In the ever-evolving landscape of real estate, sellers are constantly seeking innovative ways to stand out in a competitive market. While the legal requirement to disclose property conditions is well established, savvy sellers are increasingly turning…
What Comes Next After Verdict in Burnett v. NAR?
What comes next after verdict in burnett v. nar? After an 11-day trial in the case of Burnett v. NAR et al, and only 2.5 hours of deliberation, the eight-person jury found the National Association of REALTORS® and other corporate defendants liable in the case with a recommendation that the defendants must pay $1.78 billion…
Navigating the Home Inspection
Navigating the Home Inspection Process By: Jon Teabo, President of A-Pro Home Inspection Services The journey of buying or selling a home is an intricate dance, and one crucial partner in this endeavor is the home inspector. As REALTORS, you play an essential role in helping your clients prepare for a home inspection and facilitating…
Tacoma Measure 1 Will Hurt Providers, Renters
Tacoma Measure 1 will hurt providers, renters regina madiera-gorden, realtor Like many of Tacoma’s housing providers, my husband and I are small-scale providers of rental units in the City of Tacoma. Our margins exist in the hundreds of dollars, not millions. Our existence as housing providers in the City, as well as our renters’ home,…
Tacoma Measure 1’s Impacts to Housing Market
tacoma measure 1 will hurt renters, providers Tacoma Measure 1 Will Hurt Small Housing Providers, Renters Tacoma Measure 1 presents an existential threat to rental housing providers in the City of Tacoma as it poses risks which will be too costly to bear for many, particularly small housing providers. Small “mom and pop” providers are…
Cleaning Your Home: Keeping it Simple!
Cleaning Your Home: Keeping it Simple! Who doesn’t LOVE a clean house? There are a lot of new house-cleaning products that advertise to be “the best” and to “work miracles,” but in our experience, the simple, basic products that have been around forever might be the most effective to get the job done: baking soda,…
Tacoma-Pierce County REALTORS announce endorsement of Bethel Schools Levy Renewal
TACOMA, Washington (April 18, 2022) – Bethel School District’s 2022 Levy Renewal has earned and endorsement from the Tacoma-Pierce County Association of REALTORS® (TPCAR). The proposals on the April 26 ballot seek to extend funding for an educational programs and operations levy, as well as a technology levy, for the district which serves more than…
Read MoreNAR Study Shows Lack of Affordable Housing Biggest Obstacle to Home Buying
WASHINGTON (April 12, 2022) – The lack of affordable homes is the top obstacle holding back potential home buyers of all races, but other obstacles to homeownership varied by race/ethnicity according to a new report released today by the National Association of Realtors®. NAR partnered with Morning Consult for its latest study, 2022 Obstacles to Home…
Read MoreRealtors Property Resource
Realtors Property Resource (RPR) is the nation’s largest property database, exclusively for REALTORS®. RPR is a one-stop-shop which puts public and MLS data, tools, and reports at your fingertips so you can respond to questions and requests instantly, and position yourself as an essential part of every transaction. Attached are three sample reports for the…
Read More1031 Exchangers Can Help Their Kids Buy a House
As house prices and mortgage rates rise, young couples struggle with down payments and loan qualifications. 1031 parents who have business or investment real estate can help them purchase a principal residence while still receiving all the advantages of being a real estate investor and completing a 1031 exchange. The investor-parents (the exchangers) can exchange…
Read MoreNAR Focuses on Fair Housing During Black History Month
As NAR recognizes Black History Month, we honor the legacy of great black leaders by carrying on their fight to eliminate housing discrimination, expand homeownership, and reduce wealth inequality. While the long-lasting impact of historical discrimination would make closing the homeownership gap in America challenging enough, fallout from the pandemic is likely to exacerbate that…
Read MoreUpdate on HB 1951
Thank you all for your response to the Washington REALTORS® Call to Action on HB 1951. Across the State, WR Members sent Legislators over 8,000 emails asking them to not pass HB 1951! While the Consumer Protection and Business Committee made significant changes to the bill at the REALTORS ® request, including removal of the…
Read More2022 Hill Day Recap
On January 20, TPCAR joined with other local REALTORS® around the state for the Washington REALTORS® Hill Day. This year’s event was, again, held virtually and offered the opportunity to learn more from our keynote speaker, Lt. Gov. Denny Heck, about housing issues and other policies being considered by the legislature. In the time following…
Read MoreSafeShowings App Now Available
Introducing SafeShowings! SafeShowings Keeps Real Estate Professionals Safe! The number of crimes and murders committed against real estate professionals continues to increase every year. This is why all real estate professionals must put their safety first! Watch the video below for information on how to use your NEWEST member benefit to deter criminal behavior against Real Estate…
Read More5 Tips to Kick Off 2022
We are only 11 days into 2022, and between holidays, weather, and closures, it has been quite a year already! Aegis Land Group Title Company has compiled 5 Tips to Kick off 2022! Check them out to ensure a successful New Year! Shift your attitude Attitude controls everything. Start your day deliberately with the…
Read MoreTPCAR Meeting with Rep. Kilmer Spotlights Homebuyer Issues
TPCAR Meeting with Rep. Kilmer Spotlights Homebuyer Issues On Wednesday, December 22, US Rep. Derek Kilmer met with TPCAR members, led by incoming Government Affairs Chair and FPC to Rep. Kilmer, Elaine Hilton, to share more about his current projects in Congress, Federal legislation currently being worked on which could impact housing, and to hear…
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