Friday Video Update

Our Legal Hotline Series, Perspectives on a Transitioning Market Returns with Part 3, The Lending Perspective! Annie Fitzsimmons (WR's Legal Hotline Lawyer) has returned with returning guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) and guest Jevon Domench (Academy Mortgage Corporation / Domench Team) to discuss the state of things in the current market from a lender's perspective. Don't miss this compelling content. Be sure to like, share and follow!

Annie Fitzsimmons (WR's Legal Hotline Lawyer) returns with guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) to discuss the "Perspectives on a Transitioning Market" from a Designated Broker. Listen in as Annie and Shelly go over working with Buyers in the current housing market. Be sure to like, share and follow!

In part four of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss how to draft the purchase and sale agreement to ensure a payment for the buyer broker. Additionally, they discuss how to use the new forms appropriately and navigate the challenges involved. Tune in to tomorrow's video to continue the conversation and be sure to like, follow and share!

In part four of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the last of ten specific factors that it is important to discuss with a buyer, and how important developing relationships with brokers and clients will be going forward.

In part two of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the first of ten specific factors that it is important to discuss with a buyer, to articulate the value that a buyer broker brings to the transaction. Tune in to tomorrow's video to continue the conversation and be sure to like, follow and share!

In part one of our Conversations on Buyer Broker Compensation series, Annie Fitzimmons and Davina Clardy, Managing Broker/Owner of John L. Scott Dupont, discuss the new changes to form 41 and what the conversations between buyer brokers and buyers may actually look like going forward. Additionally, Annie and Davina discuss the importance of becoming familiar with the changes prior to October 3rd. Be sure to like, follow and share!

In Part six of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, wrap up the changes to Forms 41 A & B and discuss the application of the new addendum that will be the new compensation agreement, rather than commission agreement. Additionally, Annie and Eric discuss a sub provision that deals with unrepresented buyers and dual agency. Be sure to like, follow and share!

In Part five of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss Form 41 C, an addendum to the purchase and sale agreement that deals with buyer broker compensation. Please watch Part 4 of this series to better understand the changes to Form 41 that are referenced, before you move on to this video. Be sure to like, follow and share!

In Part four of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss statewide forms revisions going live on October 3rd. In this fourth video in the series, Annie and Eric discuss the exclusive buyer agency agreement that will now become Form 41, and replace Form 41 A & B. Also discussed are the conceptual changes in the industry driving the evolution in the buyer/broker agreement.

In Part three of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss statewide forms revisions going live on October 3rd. In this third video in the series, Annie and Eric discuss the forms language on Form 21, new paragraph 16, and how it changes the way buyer broker is compensated in a real estate transaction. Also discussed is the reasoning behind the change, and the goal of greater transparency for consumers in the transaction process.

In Part two of our Industry Evolutions Series, Annie Fitzsimmons and Eric Johnson sit down and further discuss the upcoming forms changes on October 3rd. In this video, Annie and Eric dive into the changes and the language REALTORS will need to get accustomed to after October 3rd of this year, particularly when it comes to buyer broker compensation and consumer transparency regarding buyer broker commissions. Be sure to like, share and subscribe!

In Part 1 of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss the new forms changes going live on October 3rd. This forms change is specific to buyer brokers compensation and will change the was you do business. In this introduction to the series, Annie and Eric discuss the national landscape that is propelling this industry evolution forward. Be sure to share and subscribe!

Annie Fitzsimmons (WR's Legal Hotline Lawyer) starts off a new Legal Hotline series called "Perspectives on a Transitioning Market" with this week's guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners). In this first episode Annie & Shelly introduce the multi-part series which focuses on the perspectives, observations, and concerns, of a variety of industry professionals (ranging from Lenders, Brokers, Inspectors, and more), on our current housing market. Stay tuned for what is sure to be a very enlightening series.

In today's Legal Hotline, Annie Fitzsimmons (WR's Legal Hotline Lawyer) answers a question she's been receiving more and more frequently... Did the Buyer Broker waive the Buyer's Inspection Contingency by providing a copy of (blank)? The "blank" could be a number of things, such as, the Inspection Report as a whole, a copy of a page from the Inspection Report, or even a Roof Inspector's Report... each example being information that should not be provided to the Listing Broker or the Seller. Watch for Annie's explanation of why this is important along with what you can provide. Please like, share, and subscribe today!

Today's Legal Hotline video reviews a question that Annie Fitzsimmons (WR's Legal Hotline Lawyer) receives on a daily basis... "Do I have to disclose" (from the Broker) or "Must Seller disclose that... ?" — typically regarding some sort of material information about the Seller's property, such as, being haunted, the location of a suicide, near a homeless camp, or near unpermitted construction work... Listen in as Annie explains how this situation could make you run afoul of your Agency Law duties (along with details of the Seller Disclosure Act). Be sure to like, subscribe, and share!

In this week's Legal Hotline, Annie Fitzsimmons, WR's Legal Hotline Lawyer, discusses Nanny Cams and Door Bell Cameras (that record audio and video) in and on the Seller's property and how that technology can have a risky impact, especially when conversations get recorded without knowledge/consent. Listen in as Annie explains what could happen in this scenario. Be sure to like, subscribe, and share!

Mistaken Identity: Forms is back with part 7 (the series finale episode!)... Annie Fitzsimmons, WR's Legal Hotline Lawyer, returns to further discuss forms 35R (Inspection Response) and 51 (Rescission Agreement) as they relate to a buyer or seller's "unilateral right" to terminate the transaction based on their specific contingencies. Having a "unilateral right" to terminate the agreement would mean that only the signature of the terminating party would be needed to effectively end this agreement. Watch now for Annie's breakdown of why it's important to utilize a proper "notice" form. Be sure to like, subscribe, and share!

WR Past President Tom Hormel explains some of the important changes that are taking place for our NAR Director Election/Selection Changes. This video is for NAR Director Candidates and those wishing to apply.

Annie Fitzsimmons, WR's Legal Hotline Lawyer, is back for episode 6 of "Mistaken Identity: Forms" to talk about the mistaken use of Form 22Q (Sale Pending) when working with a home sale contingent buyer (a 22B buyer) ...after they've sold their home! Listen in as Annie breaks down this mistaken use of NWMLS forms.

The issues that REALTORS® fight are constantly evolving and changing every year. Whether it be flood insurance, interest rates, FEMA issues, property taxes, capital gains taxes, 1031 exchanges and more - RPAC enables REALTORS® to continue to fight for property owners everywhere.