Having trouble viewing the REALTOR Agenda? View it online at www2.ranw.org/newsletter/2020/december. |
Volume 27, Issue 12 — december 2020 |
Realtor News | Education | Events | Government Affairs | MLS | Membership | Appraiser | Commercial |
Top StoriesDSPS Real Estate License Renewal Deadline ~ Monday, December 14th FINAL RANW Dues Deadline is Thursday, Dec 31st Thank You to All RANW Neighborhood Outreach Volunteers & Sponsors! RPAC - Have You Backed Your Industry This Year? Realtor.com COVID-19 Housing Market Update How the Pending Status Affects Your DOM New Member Benefit! Introducing REALTORS Group Life Insurance Scroll down for additional stories- REALTOR NEWSDSPS Real Estate License Renewal Deadline ~ Monday, December 14thThe Wisconsin Department of Safety & Professional Services (DSPS) license renewal deadline is fast approaching! FINAL RANW Dues Deadline is Thursday, Dec 31stThe final dues deadline is Thursday, December 31st. The easiest way to pay is online at www.ranw.org. The red dues button links to a new member portal, but the process is the same: just use your member ID or NRDS number and follow the steps. More features of the member portal will be launched in the next few months. Watch www.ranw.org and the newsletter for updates. NAR Approves Changes to Code of Ethics Article 10 and Statement of Policy 29NAR's Board of Directors on November 13th approved a series of recommendations that extend the application of Article 10 of the Code of Ethics to discriminatory speech and conduct both related to and outside of members' real estate practices, strengthening REALTORS®' commitment to upholding fair housing ideals. RANW Directors ElectedThe following slate of nominees previously presented by the Nominating Committee for election to the RANW Board of Directors has been deemed by the Board to be uncontested and elected to the 2021 RANW Board: Michael Sewell, Pat Kaster, Diane Campshure-Walczyk, K.C. Maurer. The members are elected for a three-year term effective January 2021. Thank you for your service to RANW! EventsThank You to All RANW Neighborhood Outreach Volunteers & Sponsors!Thank you to all the volunteers for RANW's 13th Annual Neighborhood Outreach Day! A total of 154 members were able to help 39 elderly and disabled homeowners through Northeast Wisconsin!! Click here for pictures! RANW Holiday Parties Canceled for 2020Reposting in case you missed it that the 2020 RANW Holiday Parties were canceled due to the ongoing pandemic. We know how much planning goes into these annual events and we thank our members and our holiday committees for being so understanding. We'll hope for better days in 2021! Government AffairsRPAC - Have You Backed Your Industry This Year?RPAC is critical to REALTORS®. Each session there are up to 4,000 bills introduced in the state legislature, and many of them impact the real estate industry, property owners, and the quality of life in communities across Wisconsin. MLSMLS RULE: Report Offer Statuses Within 24 HoursSection 4.15 Contingencies Applicable to Listings-Reporting of Offer Statuses reads, in part: All Offer Status changes … shall be specified and reported to the MLS … within 24 hours (excepting weekends, holidays, and postal holidays)…. Listings that include a provision that such disclosures may not be made through MLS, even if directed by the seller, are ineligible for inclusion in MLS. Listings stating such a restriction will not be accepted, and if amended with such restrictions after filing, listing will be withdrawn by MLS. When all contingencies to the Accepted Offer have been met, the listing should be placed in the Pending status until it closes. Days on Market is calculated from the List Date to the Pending Date. NAR & DOJ Settlement on MLS PoliciesThe National Association of REALTORS (NAR) recently advised members of a lawsuit filed by the Department of Justice against NAR over certain MLS policies; a settlement was subsequently reached by both parties. NAR President Charlie Oppler and NAR General Counsel Katie Johnson issued a statement regarding the settlement. The intro to the statement follows. MLS Policy Changes Approved by NAR - Effective Early 2021NAR's Board of Directors approved eight recommendations (unrelated to the DOJ settlement) on November 13th aimed at bringing more consistent standards to REALTOR®-owned MLSs across the country regardless of size. The recommendations strengthen accountability on the part of both MLSs and their Participants (broker members) and subscribers (agents or brokers affiliated with a participant) in four areas: Compliance, Data, Governance and Services. Under NAR policy, Participants are required to submit accurate listing data and correct known errors. The new standards emphasize this obligation and outline specific administrative and other enforcement procedures of MLS Rules regarding data accuracy, as well as cooperation. Realtor.com COVID-19 Housing Market UpdateClick HERE for the Housing Market Recovery Index (Updated Weekly) How the Pending Status Affects Your DOMDOM (Days on Market) for RANW MLS listings is calculated from the List Date to the Pending Date, which would be the date any/all contingencies to an accepted offer have been met, and the listing is no longer taking offers (see definition from MLS Rules below). The status change from an Active status to the Pending status must, by MLS Rules, be submitted to MLS or entered into LIM immediately upon occurrence. When a listing is put into the Pending status, the clock stops on the DOM calculation. If something were to happen at that last minute that caused the sale to fall through, the listing can be brought back to Active and the time spent in the Pending status would not be counted in the DOM. Transfer Earnest Money Electronically with TrustFunds!How does it work? Realtor.com December Training SessionsPlease visit Realtor.com for the most recent on-demand and scheduled live training. If you see a subject that interests you, click on the title on the page and register! On demand videos are recorded and available at anytime. RANW MLS Stats at a GlanceClick HERE for RANW MLS Stats at a Glance! Homesnap December Training CalendarVisit the Homesnap Training Calendar for December Webinars! https://blog.homesnap.com/livestream-training-with-ana/ Free RPR Webinars for Residential and Commercial Agents and BrokersJoin these workshops to learn how to leverage these two powerful REALTOR® business tools to your advantage. Learn to easily set-up and connect your RPR and zipForm accounts, and then how to improve your business efficiencies by moving seamlessly between the two. FREE Live Paragon Webinars!Black Knight (Paragon) has brought back a regularly scheduled series of webinars. These FREE, live webinars will help you get much-needed information to continue being productivity in an ever-changing work environment. Click here for the webinar calendar. Please visit or follow on Facebook @ParagonMLS. Lockbox ProgramWelcome to the Lockbox Program
Showing Notes in SupraWEB and Supra eKEYSupra's monthly how-to video is here! MembershipRANW Membership ChangesTo view all the current membership changes for RANW click here. Sincere CondolencesRANW would like to extend its sincerest condolences to the family, friends, and co-workers of: Congratulations on Your Retirement!RANW congratulates the following REALTOR® and Affiliate members on their recent retirement: Ethics Deadline is 12-31-21-Report Crs 4 EarlyA new three-year ethics cycle began January 1, 2019, and the Congratulations on Your Wedding!Congratulations to the following REALTOR® member on their recent wedding: BUSINESS RESOURCESNew Member Benefit! Introducing REALTORS Group Life InsuranceHelp safeguard your family's future. Group term life insurance is now available for NAR members through the REALTOR Benefits® Program and NAR's REALTORS® Insurance Place platform: NAR Teams with Buffini & Company to Offer Exclusive Member PricingAnnouncing 100 Days to Greatness®, a unique training program offered through NAR's REALTOR Benefits® Program. COVID-19 Resources for REALTORSWRA & State of Wisconsin WRA Offers "Thursday Takeaways" Free Video SeriesTake a Quick Break for Quick Insight Save on GE Appliances with Your NAR Member BenefitsExclusive for REALTORS®! Receive exceptional savings on GE Appliances’ extensive line of high-quality home appliances to fit your budget and style. This new REALTOR Benefits® Program offer provides savings on popular products, including Profile™, Cafe™, GE®, Monogram®, Haier, and Hotpoint® appliances:
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2020 RANW & MLS RANW & MLS Executive Committee President Elect Past-President RANW Directors MLS Directors Executive VP |
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