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Get the Facts 08.20.24

Forms and Practice Changes Now in Effect 

On August 17, 2024, the practice changes following NAR's Proposed Settlement Agreement that would resolve claims brought on behalf of home sellers related to broker commissions were implemented across the country and Washington state. 
 
Washington REALTORS® and NAR have resources and education available to help you navigate and implement these changes confidently. Explore today to stay confident & informed: 
 
Resources:

How Do You Use Form 21 to Document Compensation? 

The newest version of Form 21 has a revision date of August 2024 and should be used by brokers immediately. There are some major changes to this form centered around documenting broker’s compensation. But, not to worry, Annie and Washington REALTORS® are here to guide you through these changes!

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DOL Open Recruitment - Real Estate Programs Investigator 3

The Department of Licensing currently has an open recruitment for an Investigator 3 for their Real Estate Programs. The recruitment is now live and if you or someone you know is interested in applying, you can find the announcement here.
 
This recruitment will close on August 27, 2024, at 11:59 PM Pacific.

Nykia Wright Named Permanent CEO for the National Association of Realtors®

NAR has named Nykia Wright its permanent Chief Executive Officer, effective August 19, 2024! Wright, an executive with vast experience driving organizational transformation, has served in NAR's interim CEO role since November 2023. Learn more about Nykia and read the full announcement below. 

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Get Involved at our Upcoming Fall Business Conference!

Join us in Kennewick at the Three Rivers Convention Center September 18th – 20th 2024!
 
Our annual Fall Business Conference event brings together 250+ passionate REALTORS® from all corners of our stunning state to shape the future of the association, set new directions, and drive success. Network, participate in leadership elections, and take part in engaging discussions like the Member Forum that will elevate WR and your real estate career to new heights!
 
Plus, pack a little fun into your conference experience and join us for Fun Night hosted by the Tri-City Association of REALTORS®.... more details to come, so stay tuned. 
 
Seize this opportunity to connect with fellow leaders and leave your mark at the 2024 Fall Business Conference - register today! 

Registration closed. 

Legal Hotline Q & A of the Week

08.20.24 Q&A