LATEST NEWS & ARTICLES

MOST RECENT NEWS

  • Update: Now, the negotiations begin...

    Summary:

    The House and the Senate have each released their initial budget offers. Like all budgets there are aspects we like and aspects we don’t like in both. The House Budget is much worse for the real estate community however.

  • February Housing Sales Surprise With Upswing

    Summary:

    The REAL Trends Housing Market Report for February 2015 shows that housing sales increased 6.6 percent from the same month a year ago. All four regions reported unit sales had increased from a year ago, a drastic change from the previous month’s decline in housing sales in three out of four regions.

  • Call for Action!

    Summary:

    In Olympia today, the House of Representatives released a proposed new budget and tax plan that includes significant new taxes on both REALTORS® and real estate.

  • This week marks the halfway point...

    Summary:

    This week marks the halfway point for policy bill review. House and Senate committees are working quickly to hear and move bills out of committee prior to the House releasing its budget next week.

  • Legislative Progress Report

    Summary:

    Yesterday we passed a major cutoff in the state legislature. All bills had to be out of their originating house by 5:00pm, so we spent the last 3 days doing everything we could to get bills pulled from rules and on the floor calendar and then voted on in their respective chambers.

  • House of Origin Cutoff Deadline

    Summary:

    This Wednesday, March 11, is the house of origin cutoff deadline. This means that all bills must be passed out of their house of origin by this date- House bills out of the House, and Senate bills out of the Senate - to remain alive.

  • Attention Moves to the Floor

    Summary:

    For the next nine days all attention moves to the floor of the House and the Senate. In order to remain alive the bills must be voted out of their house of origin by March 11th.

  • The Budget Battles Are About to Begin

    Summary:

    Every week during the Legislative Session one of the Washington REALTORS® contacts on the Hill will give you a brief update on what is happening in Olympia and how it affects you...

  • FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO

    Summary:

    The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by Congress in two recent laws but lacks resources and data to completely implement others, a government report says. [See copy of report at end of story.]

  • Understanding RESPA/TILA Changes

    Summary:

    RESPA/TILA changes, including the elimination of the Good Faith Estimate (GFE) and the Truth In Lending Act (TILA) disclosure form, take effect August 1st, 2015. To address questions and concerns regarding the changes, the National Association of REALTORS has created some resources for REALTORS.

MOST RECENT ARTICLES

  • A Different View: Will Tech Kill The Industry?

    Summary:

    I had a conversation with a young woman who has a senior level position in our industry and almost 12 years of experience in our business. I asked her what she thought about the screaming voices about how technology will kill the industry in some fashion or another. She had an interesting view.

  • Comments About 8 Industry Trends

    Summary:

    On The Subject of Compass Again… Apart from raising over $700 million to purchase management, teams and agents, Robert Reffkin, who leads Compass, has been making several predictions about the future of his company and the industry. We review a few of them and pose some questions.

  • Brokerage Firms Dead? Why The Predictions Are Wrong

    Summary:

    We read recently that Robert Reffkin, founder and CEO of Compass said that, essentially, brokerage firms as we know them would be dead and gone in ten years, that technology and agent teams will become the prevalent model at that time and that Compass will be a market leader. This comes on the heels of Reffkin saying last fall that Compass would have "a 20 percent market share in 20 large markets by 2020." We weren't at Inman recently where Reffkin supposedly commented on the future of brokerage, but we will accept the written words and recollections of an Inman writer on this issue.

  • The Age of Amazon, Lesson 2: Commoditized Products and Services

    Summary:

    If you offer commoditized services and products, expect to be treated as such by your customers -- and by Amazon. Online shopping isn't new. I can recall seeing ads for online merchandise on television 40 years ago -- call this toll-free number and order today. Amazon certainly isn't the only online merchant out there. Today, there aren't many products you can't order online.

  • Legal Hotline - Antitrust and Social Media

    Summary:

    Real estate brokers must maintain a constant vigil against inadvertent violations of antitrust laws. Legal Hotline Lawyer Annie Fitzsimmons helps explain why...

  • REALTORS® as Change Agents

    Summary:

    FAIR HOUSING CONVERSATIONS - By creating a safe and welcoming space for Lesbian, Gay, Bisexual, Trans and Queer (LGBTQ) homebuyers and renters, Washington real estate brokers can make a difference in their own communities and statewide.

  • REALTOR® PROfile, Eric Etzel

    Summary:

    A Spokane REALTOR® with a passion for community work, classic cars, and his extraordinary referral based business.

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