HUD has recently released its revised rule on FHA insured condominium loans. The new rule allows FHA borrowers to obtain “single unit approval” on non-FHA approved condominium properties that meet certain requirements. Such approvals had been suspended during the recession. The revised rule makes additional changes that hold the promise… Read more
Georgia Stevens, 2020 President of Seattle King County REALTORS®, has been appointed Vice Chair of the National Association of REALTORS® Young Professionals Network (YPN). This national position will give Georgia, a broker with Compass, the opportunity to use her leadership skills and experience to assist YPN networks across the country.… Read more
iOi Summit 2019: Registration Now Open August 21-22 Hyatt Regency Seattle Calling all real estate innovators, entrepreneurs, investors and executives! The National Association of REALTORS® second annual iOi Summit, which stands for Innovation, Opportunity & Investment, brings together over 500 real estate technology minds, investors, and real estate brokers to… Read more
Patti Hill, a managing broker and endorsed branch manager of John L. Scott Seattle Northeast, has been elected to serve on the National Association of REALTORS® Board of Directors for a two-year term. Hill, the 2016 President of Seattle King County REALTORS®, was elected by the local Board to this… Read more
In March, a class action lawsuit was filed in the Northern District of Illinois against the National Association of REALTORS® (NAR) and four large brokerage companies alleging that the defendants conspired to restrain price competition among buyer brokers via promulgation of NAR’s MLS rules. NAR filed to dismiss the Moehrl… Read more
The Board has announced July 10, 2019 as the date when Seattle King County REALTORS® will elect representatives of the Association to the National Association of REALTORS® (NAR). The Association will elect one of our three representatives to the NAR Board of Directors this year. These Board representatives serve two-year… Read more
On March 6, a class action lawsuit was filed in the Northern District of Illinois against the National Association of REALTORS® (NAR) and four large brokerage companies alleging that the defendants conspired to restrain price competition among buyer brokers via promulgation of NAR’s MLS rules. Below is NAR’s official statement:… Read more
The National Association of REALTORS® political action committee (RPAC) consistently ranks among the most well-funded PACs that contribute to federal candidates, thanks to the investments of its REALTOR® members. According to Thoughtco.com, “RPAC enables REALTORS® to support candidates that support the issues that are important to their profession and livelihood.”… Read more
The National Association of REALTORS® launched a new consumer advertising campaign today designed to distinguish REALTORS® from other agents and tell the REALTOR® story. In King County, REALTORS® make up about half of all real estate licensees but close well over 80 percent of all residential transactions, according to data… Read more
The recent tax reform package, in effect for your 2018 taxes, could give you a new break. The qualified business income (QBI) deduction allows those eligible to deduct an extra 20% of certain business income from their taxable income. Sole proprietors and pass-through business owners below the taxable income thresholds… Read more