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Get the Facts 06.011.24

Last Chance to Sign Up... See You at the Ballpark, Volunteers! 

WR has partnered with Junior Achievement of Washington for the Seattle Mariners 50/50 Raffle Night this Thursday, June 13th! We need volunteers to help sell raffle tickets and support this great cause. Enjoy a free meal, watch the game, and make a difference! Friends and family are welcome. 

Sign up ASAP by emailing frontdesk@warealtor.org with your name, phone, email, and company. Let's make it a night to remember!

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SURVEY AND LISTENING SESSION INFO

The WA State RE Commission Would Like to Hear From You - SSB 5399

The Commission is collecting information to assess impacts related to Substitute Senate Bill (SSB) 5399 – Concerning future listing right purchase contracts (RCW – 61.38.901), formerly known as 40-year listings.  
 
This is the third and final survey in this series. The survey is anonymous. The information you give will be analyzed to provide recommendations for consumer protections and potential regulations, including potential licensing requirements. The findings will be reported to the state legislature at the end of the year.  
 
The survey will close on June 24, 2024 at 9:29 a.m. PST. For questions, comments, or concerns, please email DOLBoards@dol.wa.gov. 

Survey & Listening Session Details 
 

The 4th Annual LGBTQ+ Real Estate Alliance Report is Here! 

Discover the profound impact Baby Boomers, including LGBTQ+ trailblazers, have had on real estate in the 2024 LGBTQ+ Real Estate Alliance Report!

This report discusses their unique challenges, retirement trends, and the significant transfer of wealth impacting future generations. Learn more about the evolving needs and opportunities for older LGBTQ+ individuals in today's housing market & access the report today! 
  
Access the Report 

NAR Applauds VA Announcement of Home Loan Benefit Changes

Current National Association of REALTORS® President, Kevin Sears commended the Department of Veterans Affairs (VA) for its temporary policy allowing veterans to directly compensate buyer brokers, aligning their benefits with those of other buyers. This change, resulting from NAR's advocacy efforts, aims to ensure veterans have equal opportunities in the real estate market.

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Recognize a Fair Housing Champion in Your Community!

The National Association of REALTORS® is seeking to honor community leaders and advocates who have made significant contributions to promoting fair housing and expanding homeownership opportunities. This is an excellent opportunity to acknowledge individuals who embody these values and have made a substantial impact in their communities!

Winners will be awarded $5,000 to donate to a housing-related nonprofit organization of their choice. Submit your nominations by May 31, 2024 at the link below! 

Submit Nomination Here

Curious to Know the Latest on the NAR Settlement? 

Check out the National Association of REALTORS® Window to the Law Q&A video series! An entire selection of videos dedicated to settlement details is now available for your convenience. Tune in as NAR's team of legal experts discuss new practice changes and MLS rules that you should be aware of. 
 
Watch Videos 

Legal Hotline Q & A of the Week 

06.11.24 Q&A 

This Q&A is intended for the use of active Washington REALTOR® members only. If you have further questions on this topic or others, please direct your questions to the Legal Hotline here.