Industry News
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Register for the IR Health Insurance Plan Webinar
Join Us to learn More About the IR Health Insurance Plan before the December 14th enrollment’s deadline. Idaho REALTORS® and Decisely are hosting a Wednesday Webinar at 1:00 pm next week – Wednesday, December 13th – to discuss the IR Health Plan ahead of the open enrollment deadline. If you are interested in the new health plan and have any questions about enrollment, this webinar is for you. Register today to join, and Join us December 13th at 1:00 pm MT to learn more. Register for the Webinar HERE If you are an Idaho REALTOR® and would like to see if you are eligible for open enrollment, visit the Idaho Real Estate Benefits Center to view model plan designs and learn more about the program options. Visit IRHealthbenefits.com to Learn…
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In Case You Missed It: NAR Litigation Update Recording with IR Legal Counsel Jason Risch
Thank you to everyone who joined us for the NAR Litigation Update with IR Legal Counsel, Jason Risch. We understand that not everyone could attend, so we’re sharing our recording of the session along with a few highlights the highlights. For those who missed the event or would like to review the discussions, a recording of the session is now available to watch on our YouTube channel. Further Reading for Members: To further assist in your conversations with clients and to ensure you’re equipped with the latest information, we’ve compiled a list of resources: Competition In Real Estate: For talking points on offering choices to consumers, visit competition.realtor Understanding Real Estate Commissions: To help explain compensation options to clients, bookmark realestatecommissionfacts.com.
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IDAHO REALTORS® HONORS BART COCHRAN OF LEAP HOUSING WITH INAUGURAL GOOD NEIGHBOR AWARD
NEWS RELEASE: IDAHO REALTORS(R) HONORS BART COCHRAN OF LEAP HOUSING WITH INAUGURAL GOOD NEIGHBOR AWARD Media Contact: Nick Stout,IR Communications Director(208) 342-3585FOR IMMEDIATE RELEASE:Tuesday October 31, 2023 (Boise, Idaho) – Demonstrating an unyielding commitment to community service and positive change, Bart Cochran of LEAP Housing has been chosen as the first-ever recipient of the Idaho REALTORS® (IR) Good Neighbor Award. Bart Cochran, LEAP Housing The IR Good Neighbor Award is a newly instituted honor designed to spotlight REALTORS® who, through voluntary efforts, make considerable impacts on their communities. Beyond being members in good standing of IR, nominees are evaluated based on their individual volunteer contributions, the broadness and depth of their impact, and their role model potential for fellow REALTORS®. This year IR received 19 nominations from various organizations across Idaho. Bart…
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Kristie Mattoon selected as new Federal Political Coordinator (FPC)
We are thrilled to announce that Kristie Mattoon has been selected as the new Idaho REALTORS® Federal Political Coordinator (FPC) to Congressman Russ Fulcher. Kristie is a REALTOR® from Moscow, Idaho, and brings with her a wealth of experience, dedication, and passion. Previously Kristie has served as an State Political Coordinator for Brandon Mitchell. She currently holds the position of Secretary of Latah County Board of REALTORS®. Additionally she has held the position of Latah County Board of REALTORS® RPAC chair, and as the North District RPAC Corporate Ally Program Liaison. Kristie is also an Idaho REALTORS® Leadership Academy graduate – class of 2021. She is currently the vice chair for the Idaho REALTORS® Convention Committee. Kristie has expressed a strong commitment to ensuring property rights, ownership, and other priorities…
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NAR’s Ignite Others Initiative Focuses on Youth Financial Literacy
The National Association of REALTORS® (NAR) is gearing up to introduce the Ignite Others initiative, set to culminate at the NAR NXT event in Anaheim, California. 2024 NAR President Tracy Kasper unveiled the Ignite Others initiative at the 2023 Leadership Summit in Chicago earlier this week. This endeavor aims to extend the message of the “Riding with the Brand” tour into tangible activities. Ignite Others will revolve around events and projects spotlighting members’ roles as mentors and community leaders. A cornerstone of this initiative is youth education. NAR is looking for member volunteers to help with teaching high school students about financial literacy and homeownership, with an aim to inspire future homeowners and potential real estate professionals. To bolster REALTORS®’ financial insight, NAR will be releasing a range of resources, to…
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Protecting Clients in Crypto Transactions
As digital currencies like cryptocurrencies become more prevalent in certain real estate markets, agents and professionals need to be aware of their unique challenges and risks. Here are a few things to keep in mind: Nature of Cryptocurrency: Cryptocurrency operates as a digital payment that bypasses traditional banks. Transactions with it are stored in a digital blockchain ledger. Risks Involved: The main risks associated with cryptocurrency in real estate transactions include its volatile nature and the potential depreciation between the signing of the contract and the settlement. Additionally, converting crypto to cash may introduce settlement delays. Protection for Sellers: Agents working with sellers can request buyers to provide proof of cash funds or a lender letter. This ensures that buyers have the ability to complete the purchase even without relying…
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Idaho REALTORS® Elections: 2023 Candidate List
We’re excited to announce the official candidate list for the IR 2023 elections. These candidates are running for First Vice President, West District Vice President, South District Vice President, and two State Allocated NAR Director positions. Online voting for the NAR Directors will be open from August 25th through September 4th. The NAR Director Elections results will be disclosed on September 8th. NAR Directors will take office December 1st. In-person elections for First Vice President and District Vice President positions will be held during the Idaho REALTORS® Board of Directors meeting at the Convention in Sun Valley on October 13th. FVP and DVPs will take office January 1st. Please remember to visit our website to find the comprehensive election guide. Please reach out to the Idaho REALTORS® office for any…
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Housing Shortages Impact REALTORS® Closing Deals
A housing shortage is causing difficulties for REALTORS® in finding suitable listings for their clients. The lack of inventory, which reached its lowest level since 1999 in 2022, is making it challenging for agents to serve their clients effectively. A recent NAR report indicates that 30% of the over 1.5 million REALTORS® in the United States are struggling to find appropriate housing options due to the limited supply. The housing market is currently experiencing high demand, with homes selling rapidly. In May, 74% of properties sold in less than a month, and the average time on the market was only 18 days. Each listing received an average of 3.3 offers during this period. The shortage of available properties is compounded by potential sellers hesitating to trade their existing low mortgage…
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Accepting IR ROTY 2023 Nominations!
Accepting Idaho REALTORS® REALTOR® of the Year 2022 Nominations!
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