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Volume 25, Issue 7 — july 2018 |
Realtor News | Education | Events | Government Affairs | MLS | Membership | Appraiser | Commercial |
Top StoriesMark your Calendar for our 2018 RANW Golf Outings Registration Open - FALL Residential CE - Appleton & Green Bay Thank You for Making Our June 8th Timber Rattlers Game/Fundraiser Such a HUGE Success! Mark your Calendar for Remaining 2018 RANW Golf Outings REALTOR Ethics Requirement Deadline is 12-31-18 Scroll down for additional stories- REALTOR NEWSMark your Calendar for our 2018 RANW Golf OutingsJoin us this summer for our Annual RANW Golf Outings! NAR's REALTORS® Conference & Expo ~ November 2-5, BostonThe REALTORS® Conference & Expo is the largest annual event for the most successful real estate professionals. The event will be in Boston this year, from November 2nd to the 5th. Registration is now open! *UPDATED 7/6/18: WRA Condition Report Updates - Required July 1stRecent legislation has required changes to a number of forms created by WRA. Below, please see a brief summary of those forms. ImportantCorrection: Updated Info from WRA: New versions of the RECR and VLDR with the updated content must be used when condition reports are furnished to buyers on or after July 1, 2018. For any reports already given out to buyers before July 1, there is no need to go back and provide a new form. If the buyer has been provided the RECR or VLDR before July 1, 2018, no further action need be taken. If the seller has completed the old RECR or VLDR before July 1, 2018, and the buyer will not be provided the RECR or VLDR until July 1, 2018, or after, then the seller must complete a new RECR or VLDR. Brokers with existing listings should be going back to the sellers and having them complete one of the new versions of the RECR/VLDR and use that starting July 1.All sellers required to complete a RECR or VLDR must use the new report as of July 1, 2018. Any seller who has completed a RECR or VLDR prior to July 1, 2018 is not required to amend or complete a new report; only those who are completing a RECR or VLDR on July 1, 2018 and forward. If a listing is signed prior to July 1, 2018 but is not effective until July 1, 2018, then the seller would need to complete the RECR or VLDR effective July 1, 2018. Seller Refusal/Statement Regarding the Condition Report (SRR) This form often serves as written evidence, when license law requires licensees shall ask the seller to provide written responses to the licensee's inquiry about the condition of the property. Generally, this response takes the form of a RECR or a seller disclosure report. However, when a seller refuses to complete a report and sell "as is," best practice for the listing firm would be to obtain written evidence that the licensee asked about the condition of the property and the seller refused to answer. This form has been subtly updated to reflect terminology update and entity signatures and acknowledgements. Real Estate Condition Report - Farm (Farm RECR) The Farm RECR, based off of the RECR includes the revisions to the RECR as well as few additional farm-centric disclosures. For instance, the farm RECR includes: Property definition: provides the report applies to the land, dwellings, barns and outbuildings; Adds to storage of hazardous or toxic substances on neighboring properties: including dumpsites on the property where pesticides, herbicides, fertilizer or other toxic or hazardous materials or containers for these materials were dispose of in violation of manufacturer's or government guidelines or other law regulating said disposal; Wells adds: out-of-service wells and cisterns not closed/abandoned according to applicable regulations, and atrazine; Encroachments: references noncompliance with fence laws (See Wis. Stat. Ch. 90); Federal, state, or local regulations: includes and livestock siting violations (Wis. Admin. Code Ch. ATCP 51); Other defects: adds substantial crop damage from disease, insects, soil contamination, wildlife or other causes, diseased trees, or substantial injuries or disease in livestock on the property or neighboring properties; and Includes the Note: Any sales contract provision requiring inspection of a residential dumbwaiter or elevator must be performed by a state-licensed elevator inspect Executive Summary Separate legislation also effective July 1, 2018 made modifications to the Condominium Executive Summary. The revised Executive Summary includes new legislatively required items: the date of preparation, whether the association has a first right of purchase, any transfer fee, any disclosure material fee and any payoff statement fee. For more information about the changes, here are some links for the WRA's forms related articles: • Main magazine: www.wra.org/WREM/June2018 • RECR article: www.wra.org/WREM/June18/RECR • VLDR article: www.wra.org/WREM/June18/VLDR • Executive Summary: www.wra.org/WREM/July2018 • Hotline article (covers RECR): www.wra.org/WREM/June18/Hotline To view a sample of the changes please click HERE. Professional Standards Committee Training ~ Wednesday, August 22ndJust Announced! Professional Standards Committee training will be August 22nd! Watch the newsletter and our website for additional information. We are actively looking for Brokers and REALTORS® that are interested in joining our committee. Please contact Casey at cradtke@ranw.org if you would like additional information about the Professional Standards Committee. RANW Bylaws Changes Approved by RANW Board of Directors June 26, 2018These RANW Bylaws amendments were approved by the RANW Board of Directors on June 26, 2018. EducationResidential CE Scheduled for October- Appleton & Green Bay Locations- Register Today!Residential CE will be offered this October in both Appleton & Green Bay! ALL Real Estate Licenses will expire at the end of 2018. In order to renew by the Dec.14th deadline you must complete the (4) Mandatory Courses and (2) Elective Courses. We will be offering these courses LIVE during the month of October. EventsFox Valley Golf Outing- August 7th - Register Today!Registration is now open for this year's RANW Fox Valley Golf Outing! Green Bay Golf Outing- Wednesday, July 18th at Brown County Golf Course- Register Today!Registration is now open for this year's RANW Green Bay Golf Outing! Women's Council of the Fox Valley Hosts "Wine on the Water" ~ Fri, July 27thJoin the Women's Council of the Fox Valley (WCR) at Wine on the Water!
Fond du Lac Golf Outing- Thursday, August 23rd- Register TodayRegistration is now open for this year's RANW Fond du Lac Golf Outing!
Date: Thursday, August 23rd
Location: Rolling Meadows Golf Course
Shotgun Start: 1:00 p.m.
Cost: Member $25 Non-Member $35
Come in your favorite farmer themed attire! Award given to Best Decorated Cart & Best Dressed Golfer. This event SOLD OUT last year- don't wait to register!
Thank You for Making Our June 7th Timber Rattlers Game/Fundraiser Such a HUGE Success!For the 2nd year in a row The SOLD OUT RANW Timber Rattlers Fundraiser raised over $30,0000 for Make-A-Wish Wisconsin. Thank you to the generous sponsors, those who donated prizes, the committee and the 800 people who purchased a ticket to help support this great cause!
WRA 2018 Annual Convention ~ Sept 17-18thSave the date for the WRA's showcase event of the year! The WRA Annual Convention is back in Wisconsin Dells on September 17-18, 2018. During two jam-packed days, hundreds of REALTORS® will gather together from all corners of the state for classes, networking and fun! With the "It's Time to Shine" theme for the convention, you'll learn how to put your best foot forward and shine in your market. You'll leave the convention with good vibes so you'll be ready to take the lead and boogie your way to success. Click here for details. Mark your Calendar for Remaining 2018 RANW Golf OutingsJoin us this summer for our Annual RANW Golf Outings! Government AffairsCall for Action Seeks Flood Insurance ExtensionThe National Flood Insurance Program expires July 31st. Last week, NAR Summer is Here - Time to Give to Direct Giver Program!Summer is RANW's Direct Giver Fundraising period, and we are far short of meeting our goal. Given the importance of the upcoming November elections and pending issues such as reauthorizing the National Flood Insurance Program, we need your support now more than ever. So please send in your Direct Giver checks today. Weekly Electronic Government Affairs Report - It's free!Sign up for an email update each week which includes RANW meeting reminders, REALTORS® issue updates as well as links to news articles relevant to the real estate industry from national, state and local newspapers. If you would like to receive the report, contact Jennifer at jsunstrom@ranw.org. MLSAgent Photos in Paragon - 3 Places to Upload/Check ImageWithin the Paragon program, there are three different places where Agent Photos can be uploaded to appear on displays/reports/spec sheets, to the Email Signature, and to the Collab Center. Each photo placeholder is slightly different in size. When uploading the agent photo initially (under Preferences), the following apply: On Collab Center, the image is stretched to fit the 100 x 100 image box, which can cause distortion on a rectangular image. The Collab Center image pulls from the user's Collab Center Preferences > About Me. Collab Center is the only location where the image proportions are absolute and can't currently be changed, so if an agent wants to have a single agent photo that works in all locations they will want to go with a photo that is more square than rectangular. MLS Basics Class Offered ~ Tuesday, July 10thEvery MLS does things a little bit differently, so learn what RANW MLS needs you to know! The MLS Basics class will cover our rules and recommended listing procedures, offer a review of listing data and forms needed to complete your listings, cover some of the basics of using Paragon, and provide info on the Supra lockbox program. Listing Maintenance Class ~ Thursday, July 19thLIM (Listing Input and Training) class will be offered on Thursday, July 19th, from 10 am - 12 pm at our RANW office in Appleton. More information on the LIM program can be found on RANW's website here. RPR Form Builders & Resources Now AvailableThe process of building lead forms and pages can be complex. Form builders and other resources from RPR® can make it easier. The link will take you to "8 Powerful Resources for Building a Lead Capture System" article. MLS Note: Real Estate Condition Reports (RECR) and Vacant Land Disclosure Reports (VLDR) ChangesParagon has a new document slot titled: July 2018 RE Condition Report 2017 Wis. Act 338, which is effective July 1, 2018, and updates the contents of the Real Estate Condition Reports (RECR) and Vacant Land Disclosure Reports (VLDR). The legislation focuses on when a report is furnished to the buyer and tells us a report needs to be on an updated form if the buyer is furnished with the report on or after July 1, 2018. Sellers should not provide buyers a copy of the new form until July 1, 2018. Paragon 5.65 Release - New ItemsThe 5.65 release is here! Check out the new features below. Paragon NewsThis new widget will help highlight new and existing Paragon functionality available to all users. Here you will find "did you knows?", tipsand tricks, as well as new features and updates designed to help you create a more efficient workflow and improve your experience in Paragon. Quick Link to Last Searched Address By popular request, Paragon now has the ability to select from the last five addresses pinned on the map. Just click the down arrow next to address and users can also select from key default addresses including Agent physical address, Agent mailing address, Agent office address, and board address (where applicable). Long Description of Lookup Values In order to aid new Agents who haven't yet memorized lookup codes, users now have the ability to enable long descriptions of lookup values. This option is off by default and can be enabled in the search options section of your user preferences. Secured URL for Paragon and Email Notifications In keeping with internet and security standards, Paragon and email notifications (Publink) are being upgraded to display in full SSL throughout those applications. In a future release, additional features such as Mobile, IDX, and the Client Collaboration Center will also be enhanced to full SSL. For the non-techies, Paragon is upgrading its security to protect you and your Clients' data. New Construction Options ExplainedRANW MLS now has 3 separate Yes/No fields that can be used to describe new construction listings. Of the 3 different options, only one can be marked as a Yes on any individual listing. See below for details on when each item would be used: Hotsheet vs. Market MonitorParagon has provided some details for RANW MLS members on the differences and similarities between the Hotsheet and the Market Monitor. The Listing Visibility field (Unconfirmed vs. Confirmed) and the definition of "New" for each tool are the items that can make these confusing. WIREX and Door County MLSThe Door County MLS recently voted to cease participation in WIREX. Effective July 1st, all Door County listings, offices and agents will be removed from WIREX. Lockbox ProgramJammed Key Containers - Tips and TricksRANW has had a number of jammed key containers reported and returned. Here are some tips to prevent jamming the key container: MembershipRANW Membership ChangesTo view all the current membership changes for RANW click here. Congratulations on Your Retirement!RANW congratulates Jerry Alderton, REALTOR® Emeritus, with Coldwell Banker The Real Estate Group in Green Bay on his recent retirement. Sincere CondolencesRANW would like to extend its sincerest condolences to the family, friends, and co-workers of: ~ Frank Fameree, in the his recent passing. Frank was a REALTOR® for many years, most recently with Coldwell Banker The Real Estate Group in Green Bay. REALTOR Ethics Requirement Deadline is 12-31-18REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within two-year cycles. BUSINESS RESOURCESNew Fair Housing ResourcesNAR opposes discrimination in housing based on race, color, religion, sex, handicap, familial status sexual orientation, gender identity, and national origin. This policy is embodied in NAR's Code of Ethics. NAR also authorizes sanctions in response to a finding that a member has violated any fair housing law, including local and state laws that prohibit discrimination based on sexual orientation or gender identity. NAR policy is to support equal opportunity on the basis of sexual orientation and gender identity and the NAR Code of Ethics was amended in 2010 and 2013, to include this updated policy.
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