REALTORS® Donate to Those Impacted by Local Tragedies

Thank you, Boise Regional REALTORS® (BRR) members, for stepping up and supporting the families hurt in the brutal attack at a child’s birthday party several weeks ago. Because of your generous donations, the REALTORS® Community Foundation was able to make a $10,000 online contribution to the International Rescue Committee (IRC). While we are still heartbroken and discouraged by this tragic event, we are grateful that our REALTOR® family was able to join together, along with a long list of other organizations and individuals, and demonstrate that our community is one that helps others in need and will not be defined by senseless acts of violence.

A very special thank you to Thayne Barrie, REALTOR® with Coldwell Banker Tomlinson Group, and First Story, the 501(c)(3) non-profit organization founded by Hayden Homes, for each making generous contributions of $1,000. While all donations are appreciated and were matched by the foundation, these two really helped move the needle toward reaching our goal of raising $10,000.

And in honor of the injured Meridian Police Officer — who is also the husband of one of our REALTOR® members – BRR made a separate donation of $1,500 to the Fraternal Order of Police Treasure Valley Lodge Foundation/Benevolent Fund.

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Member Spotlight: Scott Swan

Member Spotlight Slider - Scott Swan

“Scott is well-respect, runs his business relationally, and is always a welcome face to see across the file. He is focused on education, not only with himself and his team but also with the community! He understands how important it is to bring solid, truthful information to the consumer.”

— Jeffrey Wills, BRR Director and REALTOR® with Amherst Madison Real Estate Advisors

Seeking Donations for the “More Than School Supplies Drive”!

More Than School Supplies Drive FlyerSEEKING DONATIONS!
The RCF is working to fill the supply closets at Community School sites in the Boise, West Ada, and Emmett School Districts. A Community School is both a place and a set of partnerships between the school and other community resources. One of the services provided through a Community School is help for families in need to get food, clothing and necessary household and hygiene products…. all the life supplies to help kids be successful in school.

Contest: If your office brings in the most donations you’ll win lunch for 10 from Baja Fresh!

The contest prize will be announced on Facebook LIVE during our donation Sorting Day on Friday, August 17th.

Need a donation box for your office? Email Shari Fernandez and let her know! Download the flyer for your office!

 

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Sorting Day Volunteers Needed!
Join us to sort and package all the donations from the More Than School Supplies Drive for delivery to community schools in the Boise, West Ada, and Emmett school districts!

When: Friday, August 17, 2018
Time: 10:00 a.m.
Location: Boise Regional REALTORS (9550 W Bethel Court, Boise 83709)
SIGN UP today!

2018 Mid-Year Housing Summit Recap

Thanks to everyone who attended the 2018 Mid-Year Housing Summit from Boise Regional REALTORS®. If you missed the event, don’t worry! A summary of the discussions and links to the various presentations are available here.

Links and resources referenced at the Mid-Year Housing Summit:

FH ClassInvest in RPACAmm

**Please note: The RPAC investment information on this page is only intended for BRR members.

2017 Boise School District Bond Update

2017 Boise School District Bond Update

Coby Dennis, the Deputy Superintendent of the Boise School District, provided a progress report on the various projects funded by the 2017 school district bond. Boise Regional REALTORS® endorsed and supported this successful campaign last year.


Fair Housing Update

Fair Housing Update

Debbi Myers, certified real estate instructor and BRR Director, discussed the importance of understanding fair housing in our industry and gave a teaser on the upcoming fair housing class that was refreshed in honor of the 50th anniversary of the Fair Housing Act.

Ready to learn more about fair housing? Join us for a Lunch & Learn: That’s Not Fair! How to Avoid Fair Housing Violations, on Tuesday, October 23, from 12:00 p.m. – 2:00 p.m. Register today!


2018 Mid-Year Residential Real Estate Update

2018 Mid-Year Residential Real Estate Update

Breanna Vanstrom, Chief Executive Officer for Boise Regional REALTORS®, dug into the data and identified the trends regarding price, supply, demand, inventory, and strategies for building your business during the 2018 Min-Year Residential Real Estate Update. You can watch her full presentation on Facebook Live below. Thank you to our Facebook Live Sponsor, Idaho Housing and Finance Association.

“Getting to Solutions” Listening Session on Growth

Getting to Solutions

Soren Dorius, Director of Government Affairs for BRR, started the listening session by sharing some key findings from the Second Annual Treasure Valley Survey a survey conducted by BSU to explore public opinion on growth, transportation, and other issues. This project was funded in part by a $15,000 Smart Growth Grant secured by BRR.

The group shared ideas and solutions about how to maintain the quality of life during this time of growth, thoughts on what area would be the next good candidate for higher density projects, what features and places need to be “off limits” to development, the role of transportation, how REALTORS® can participate in public meetings, and much more.

PHOTO GALLERY

Thanks to our event sponsor and annual sponsors for making this event possible!

FB Live sponsor

2018 Annual Sponsor Poster v3 - compressed

 

Member Spotlight: Stacie States

Member Spotlight Slider - Stacie States

“Stacie is a leader in the community and is always striving to make our industry a better place.”

— Michelle Bailey, BRR Vice President and REALTOR® with Keller Williams Realty Boise

Disclosing Surveillance on Listings

video surveillance tentWhat responsibility do agents have to disclose and/or advise their clients about video and audio surveillance and recordings of listed properties?

IREC added a note in the Agency Disclosure Brochure which reads: “Audio/Video Surveillance — Use caution when discussing anything while viewing a property; audio or video surveillance equipment could be in use on listed properties.” Be sure you highlight this when reviewing the brochure – maybe even having you and your clients initial next to that line indicating it was reviewed.

There is some debate about how Idaho law applies to surveillance/recording of listed properties as it’s being done in someone’s personal residence. One way to avoid any issues – for you or your clients – is to incorporate some safeguards into your business practices:

  • Listings Agents Should Always Disclose — If your seller tells you they have audio and/or video surveillance or recording equipment of any kind (security cameras, baby monitors/nanny cams, video doorbell, etc.), you should disclose that information. We’ve seen some agents note that in the private MLS remarks, hang a notice on the front door, or place signage in the property. It may be worth creating a policy and form where you can document how your seller responded when you asked about this, including a way to show how you’ve disclosed this information if needed.
  • Buyers Agents Should Always Forewarn — Whether or not disclosure is made by the listing agent or seller, or if surveillance equipment is obvious or not, it’s worth reminding buyers to not talk about likes, dislikes, pricing, etc., until away from the home. This may be difficult – especially when they find “the one,” but let them know that if a seller overhears, or sees an excited reaction, it could affect their ability to negotiate. Do this verbally and in writing and throughout the home buying process. (And don’t forget it’s on IREC’s Agency Disclosure Brochure.)
  • Obtain Written Consent for Out-of-Town Buyer or Open House Videos — It’s worth it for buyer’s agents to obtain written consent from a seller directly or through their listing agent, before recording or live streaming a property for out-of-town buyers.
  • Obtain Written Consent for Video Tours, Virtual Tours, and Open House Promos — It may even be a good practice for listing agents to obtain separate, written consent for video and virtual tours that will be shared publicly online as part of your marketing plan, as well as any open house promo videos shared to social media, done by you or another agent who may be holding the property open for you.

These tips are not meant to be comprehensive, legal advice, or even requirements, but they can be a great starting point to protect yourself and your clients when it comes to video and audio recordings or surveillance. Here are three other resources:

BRR Membership Now Available to Unlicensed Admins and Staff

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Unlicensed admins and staff working with REALTOR® members of BRR, either as an employee or through an independent contractor agreement, now have the option to join BRR! Admins are often the go-to person for information and assistance by many teams and busy real estate professionals. Because of their important role in the real estate office, it makes sense to give them the option to become BRR members, connecting them with association services and benefits.

Through this voluntary membership option, unlicensed admins and staff receive access to a variety of benefits:

There is no application fee for this membership option, and dues are just $200 per year and prorated based on the month you join:

January
$200.00
February
$183.33
March
$166.67
April
$150.00
May
$133.33
June
$116.67
July
$100.00
August
$83.33
September
$66.67
October
$50.00
November
$33.33
December
$16.67

 

To get started, simply fill out the Unlicensed Admin/Staff Membership Application and drop it off at BRR in person, weekdays between 9:00 a.m.–4:30 p.m., or email it to info@boirealtors.com. Please call us with any questions and thanks for joining!

Please note, this option is for BRR membership only and does not extend to membership or benefits with Idaho REALTORS® or the National Association of REALTORS®. Because of this, unlicensed admin or staff members are not “REALTORS®” and therefore unable to use the term or logo to identify themselves as such in any marketing or communication. They are also not part of a solicitable class for RPAC. Finally, while unlicensed admins or staff may be eligible for administrative access through IMLS, that is separate from this membership.

Member Spotlight: Linda Young

Member Spotlight Slider - Linda Young

“Linda is extremely gracious with her time. She has supported so many local community organizations, including but not limited to; the Boys and Girls Club, Women’s and Children’s Alliance, and many others. Linda has been in the Treasure Valley for most of her life and a licensed agent for 13 years. She is passionate about helping others in her community and will give the shirt off her back to do so!”

— Krista Deacon, BRR Director and Broker for Silvercreek Realty Group

First Friday Broker Forum Recap – May 4, 2018

Thanks to those of you who attended our second “First Friday Broker Forum” on May 4, 2018. Another great discussion, with lots of ideas, resources, and insights shared. The following is a summary of that discussion for the benefit of all brokers.

Coming Soon and Office Exclusives

We heard that many brokers and agents would use the “Coming Soon” status if CDOM wasn’t calculated. Because of this, many instead opt for the office exclusive option, basically recreating the issue the Coming Soon rule was trying to solve. That feedback will be shared with the IMLS Coming Soon Task Force for consideration.

The question was raised, “Then why even offer the option of office exclusives?” MLSs affiliated with the National Association of REALTORS® (like IMLS) must allow this option in accordance with NAR’s 2018 Handbook on Multiple Listing Policy’s MLS Antitrust Compliance Policy (on Part Two Section A; page 7). According to that policy, not allowing a brokerage to have office exclusive listings (or pocket listings) could be seen as an MLS interfering in a broker/client relationship or restricting how a broker conducts their business.

However, we know not all agents submit the Waiver of Benefits form required by IMLS on office exclusive listings — possibly assuming an office exclusive does not require notice to IMLS. That is incorrect. NAR policy (Section 5 Policy Statement 7.63) allows MLSs to require certification from the seller or their agent that a property is being withheld from the MLS, which the IMLS Rules and Regulations do (Page 4 of the FAQs).

This is a complicated topic and one that the IMLS Board of Directors and Rules Committee will continue to discuss and refine. Please feel free to share your feedback with IMLS CEO Glenn Christoph and check out these related articles and resources for more: NAR “Coming Soon” Information and Resources and IREC “Coming Soon Listings” Guideline #8.

Home Inspector Keys — No Agent, No Buyer Present

A recent legal review of the IMLS Home Inspector Key Agreement reconfirms that home inspectors “shall not allow third parties into the home” and that homebuyers are considered third parties in this situation. Homebuyers, of course, can attend a home inspection, but only with a real estate agent present. If the real estate agent leaves, so must the buyer. We know some brokers do not allow their real estate agents to attend home inspections for liability purposes, just know this may also prohibit the buyer from attending the inspection. BRR recommends brokers speak to legal counsel to create their own policy around home inspections, to clarify rules regarding agents’ presence at a home inspection and, further, that homebuyers are only allowed at an inspection when a real estate agent is present.

“Seller will only pay if ABC Title is used…”

The question about MLS remarks like the one above popped up and (luckily?) it’s one we’ve shared info on previously. In the blog post “RESPA Section 9 & Title Company Selection,” Hawley Troxell (BRR’s legal counsel who researched this per our request), they do conclude the following…

A seller can stipulate they will only pay for a title insurance policy if ABC Title is used, however, a seller cannot require ABC Title to be used solely as a condition of the sale. If the buyer doesn’t want to use ABC Title, that’s fine, but they understand then the seller may not the pay for that title insurance policy. It’s a tricky situation for sure, and one that you may want to consult your own legal counsel on (as this is not meant to be legal advice in and of itself).

Another safeguard for agents in and out of the MLS remarks is to avoid referring to any vendor as “preferred,” “partners,” or something similar. Agents can make recommendations to clients about certain vendors, though. Semantics are fun!

One more tip (based on a practice from my former broker in Minnesota) is to disclose to clients any marketing partnership, service arrangements, in-house affiliations, etc., you or your brokerage may have with any vendors, whether or not your clients choose to use them. It’s a good CYA practice that I implemented, in which my clients sign a form stating I disclosed that information to them.

“I exclude my listings from AVMs when inputting listings, but still see an AVM on my listing when it hits the portals. What’s up?”

Selecting this option only excludes your listing data from being used in the AVM algorithm used to produce an AVM on the portals. It does not exclude your portal listing from having an AVM on it.

Other IMLS Tips… use the Collab Center, Homesnap Pro Mobile, CRS Tax, and ShowingTime. As one broker said, “It’s life-changing.” You’ll just have to try them all to see which one she was talking about!