Third Quarter 2021

Indoor Mask Mandate 
Beginning Friday, August 13, Oregonians, regardless of vaccination status, were required to wear masks in all indoor spaces open to the public. REALTORS® should ensure that they and their clients wear masks during home showings, open houses and in offices that are open to the public.
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Oregon REALTORS Fall Convention
The Oregon REALTORS® Convention is right in our backyard this year!  In an effort to encourage members to take advantage of this opportunity and to support one of our local businesses, the COAR Executive Committee has approved a $50 rebate for any of our COAR members who attend the conference.  We will issue checks after the convention once we receive the attendee list from the state association.  September 21-24, Sunriver Resort.  Sign Up Today!
How to Pay Your MLSCO Bill
Confused how to pay your bill online? Click here to learn how.

Next Managing Principal Broker Forum
Do you have issues, questions, topics that you would like discussed at our next forum? (Date TBD). Please send your ideas to: casie@coar.com.

Pre-Licensing Education
Please share this info with anEnroll with the best Pre-Licensing real estate education with The CE Shop. Their award-winning courses and nation-leading pass rates are just some of the reasons why a successful new career in real estate is right around the corner. Visit coar.theceshop.com and use the promo code NEWCAREER to save 30% on your Pre-Licensing education!

Pricing Strategy Advisor Certification
This course is offered during Oregon REALTORS® Fall Convention. To attend this course in person, select the "in person" registration option and pay the $175 registration fee, otherwise select the "Zoom virtual class" option and pay the $135 registration fee.
 
Class Date: September 21st from 9am to 4pm.
The key to competitive home pricing is becoming proficient at comparative market analyses (CMAs).
The Pricing Strategy Advisor (PSA) certification is specifically designed to enhance your skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values. Want to take the guess work out of valuing a property and creating CMA’s. Then the PSA Certification is for you. Being able to accurately and efficiently value a property is crucial towards ensuring that you help make your clients happy. In this course you will learn:
  • The purpose and benefits of CMAs, and how to guide clients through them
  • Terminology of pricing and valuation
  • The Code of Ethics as it relates to pricing
  • How to identify appropriate comparables, and where to find information about them
  • The role of supply and demand in pricing
  • How to adjust comparables
  • Specific challenges and special situations in making adjustments
  • How to work with appraisers
  • How to hone your pricing sk
  • How to hone your pricing skills and practices
  • 6 Hours of CE Available 
Register here
 
Mid Year Market Report
As we are now well beyond a year into the pandemic and the associated economic recession, the housing market has shown few signs of cooling off. Broadly, the economy is slowly recovering, and as of early July, fully open. Government programs and stimulus are winding down, as is the eviction moratorium and extended unemployment coverage. There is looming uncertainty about new strains of COVID-19, as well as the long-term efficacy of vaccinations, and what that means from a public health perspective as well as for reinstituting social distancing requirements and restrictions on businesses.

Despite the continued high rate of unemployment and uncertainty across a broad range of areas related to the housing markets, a question often being asked is: are we building another housing bubble? If you look at the change in median sale price in the region over the last year, you might come to a misleading conclusion.
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Code of Ethics 2019-2021
As a reminder, all REALTORs must complete the NAR Code of Ethics requirements by December 31st. We are sending monthly reminders to members if they have not completed the course. If you would like a list of those in your office that still need to complete the course, email Ashley@coar.com. For options to take the course, click here.

Important Upcoming Events

September 21 - 24: Oregon REALTORS Fall Convention
November 2 - Building a Better Central Oregon Awards
December 10 - COAR Holiday and Installation Party
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