SPRING 2016 EDITION

  • Ask the Home Inspector

    Summary:

    What's the best way to educate a first-time home buyer about inspections? Why do buyers need to get a home inspection? A home inspection is one of the most important steps in the homebuying process because it brings any issues present in the home to the buyer's attention. Without a proper inspection, significant issues might be discovered after a home closing and your clients could find themselves in an unfortunate financial position.

  • YPN Members Speak Up

    Summary:

    REALTOR® Magazine launched the Young Professionals Network (YPN) in 2006 as a way to help the younger generation of REALTORS® build a stronger link with the magazine and the real estate industry. Through networking events, a lively blog, and an engaged YPN Advisory Subcommittee, the program gives its members the tools they need to advance their careers—and have fun in the process. Many state and local REALTOR® associations have already started a Young Professionals Network. Three members of Local YPN's within Washington State share their thoughts on the value of membership, how they participate in their groups, and their visions for the future of real estate as a whole.

  • Practice Law Much? Of Course You Do! So Do It Right!

    Summary:

    In 1985, the Washington Supreme Court determined that real estate brokers may practice law, to the extent that brokers complete simple, printed, standardized, lawyer-approved forms in simple real estate transactions. There is no doubt that when a person drafts a contract between two third parties, a contract that controls legal rights and obligations, the drafter practices law. The Washington State Supreme Court has exclusive authority to determine who, in Washington, is allowed to practice law and under what circumstances. Read on to learn more!

  • REALTOR® PROfile: Rocky DeVon

    Summary:

    This issues' REALTOR® PROfile features Orville REALTOR Rocky DeVon. Continue reading to learn more about Rocky.

  • The Tipping Point: A Guide to Cultivating Sellers

    Summary:

    Homeowners have different tipping points that move them into action and even in a neighborhood of similar homes with similar values, the tipping point for one homeowner may be drastically different than their neighbors. Perhaps one homeowner loves the neighborhood, is close friends with all her neighbors, has children that are friends with the neighbor children and she wants to live in that neighborhood forever. However, just two doors down, there is a retired, empty nest couple who is ready to downsize and move to a condo on the golf course. These homeowners' motivations are clearly different.

  • Property Management Q&A - Spring 2016

    Summary:

    Question: I took over management of a building where we "inherited" some illegal aliens. Am I as the manager (or the owner) at any risk for allowing them to continue to live there? Continue reading to find out how Chris Benis answers.

  • Just the Tech - The Future of Real Estate

    Summary:

    It is not exactly a new observation to point out that virtually all of the most successful REALTORS® are good with people. However, while people skills will always be important, it is not the human element that is having the greatest impact on the industry today—it is technology. The expansion and adoption of new, innovative technologies is becoming an increasingly integral piece of the real estate process, and it is impacting the way that agents and brokers work with clients in profound and formative ways. From the influence of millennials to the rise of newly coordinated and efficient systems and software, agents and brokers are finding that the influence of technology and new tech tools is one of the most important new features on the professional landscape.

  • Sensibility to Survive a Fantastic Inventory Crunch

    Summary:

    The lack of inventory in most of our markets is becoming less of an interesting headline and more of an extended, unfortunate reality. From Spokane to Seattle, in cities and towns across the state, we're experiencing a dearth of available homes. Inventory can't keep up with the demand of our buyers. This environment has helped many homeowners gain back some of the equity losses from the 2007-2012 downturn. At the same time, it's constricting ready-and-willing buyers' ability to purchase. It's also making REALTORS®' lives more difficult. Listings that sell quickly are welcome. One home with many offers creates one happy seller, but it also creates many unhappy buyers and REALTORS®. Competition like this in a real estate market with five months of inventory is healthy. In a market with one or two months of inventory, it's inefficient. So where should REALTORS® in today's market be looking to guide their businesses through the next year?

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