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,…
Home In Tacoma Passes, Ensuring More Affordable Housing
On Tuesday evening, Tacoma City Council voted 7 – 2 in favor of Phase 1 of the City’s “Home in Tacoma” plan. Home In Tacoma aims to achieve a shared vision of all Tacomans having an opportunity for home ownership in a thriving, diverse, and growing city. Home in Tacoma creates a new vision for…
Read MoreChanges to Insurance Regulations May Delay Closings
At Cross Insurance Agency we believe in “Insurance with no surprises.” With that in mind, we felt it was essential to reach out to our partners and friends in the Mortgage and Real Estate industry with an update on some recent changes in the insurance marketplace in Washington state that may impact you and your…
Read More10 Dos and Donts for New Homebuyers with Septic Systems
Inspect your system annually. Routine maintenance allows you to catch issues before they become emergencies. Pump your tank every 3-5 years or as frequent as your service provider suggests, based on technology and system usage. Spread out your laundry loads over the course of the week. Excessive water discharge into the septic system is known…
Read MoreTPCAR Primary Election Candidate Endorsements
Tacoma-Pierce County Association of Realtors is proud to announce its candidate endorsements for this year’s August 3 Primary Election. The below list of candidates were interviewed by our Endorsement Advisory Committee and received TPCAR support based on their understanding and acknowledgement of the importance real estate plays in our communities, their support of REALTOR issues,…
Read MoreTPCAR Seeks Volunteers for Grievance ad Professional Standards Committee
The Tacoma-Pierce County Association of Realtors is seeking volunteers to serve on its Grievance and Professional Standards Committees. Each volunteer will be considered based upon their good standing in Tacoma/Pierce County Association of Realtors®-including compliance with NAR’s required Code of Ethics training. Their experience and knowledge in the different facets of our profession will also…
Read MoreTPCAR Endorsed Candidates Fare Well in August Primary
Thanks to the good work and effort of our volunteer members who participated, TPCAR fielded a strong slate of endorsements for the Primary Election on August 3. All but one of our endoresed candidates were able to advance to the General Election and are well positioned to win office. The below list of candidates received…
Read MoreTPCAR 2021 General election Endorsements
Tacoma-Pierce County Association of Realtors is proud to announce its candidate endorsements for this year’s General Election on November 2nd. The below list of candidates were interviewed by our Endorsement Advisory Committee and received TPCAR support based on their understanding and acknowledgement of the importance real estate plays in our communities, their support of REALTOR…
Read MoreGuides to Help Prepare for the Winter Season
In the Pacific Northwest, we know a thing or two about severe weather. Wind, rain, ice, and snow – We get it all. In preparation for the winter season, we have prepared a series of guides to help people protect their home. These guides are everything you need to know about how to prepare your…
Read MoreWashington is Open for Business
Washington is Open for Business Washington REALTORS and the NWMLS are excited to announce that effective Wednesday, June 30th, Washington State will lift the majority of restrictions imposed on businesses, including those restrictions affecting the real estate industry. However, certain face covering requirements still apply to real estate firms and sellers may impose their own…
Read MoreReal Estate Professionals Classification as Independent Contractors
Real Estate Professionals Classification as Independent Contractors Of the 1.4 million members of the National Association of REALTORS® (NAR), approximately 87 percent are classified as independent contractors. This classification is essential to the real estate industry, homeowners across the country, and to boosting the economy. The ability to work as an independent contractor is recognized…
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