January 2024 Newsletter
Over 5 years ago, NAAR’s Board of Directors voted to start setting money aside for the purchase of a new building and created a New Building Task Force. We have outgrown our current location due to classroom size and concerns over parking safety and are currently in escrow on a building in Downtown Flagstaff. Please take the time to watch Jessica’s comments above and please reach out regarding any questions/concerns.
REALTOR® Day at the Capital
Every year, Arizona REALTORS® from across the state to join together at the State Capitol for the annual REALTOR® Day at the Capitol Luncheon. This day gives our NAAR members the opportunity to sit down face-to-face with their member of the legislature to discuss private property rights and issues that are important to our industry. Thank you to those who were able to attend!
January Member Luncheon Recap
NAAR kicked off 2024 with our January Member Luncheon featuring guest speaker Aaron Green, Arizona REALTORS®️ General Counsel. While we were unable to video his portion of the presentation, Emily Melhorn, Water Conservation Specialist with City of Flagstaff Water Services, shared lots of helpful tips for our agents to pass onto our clients and start using in our own homes.
Learn more about Flagstaff’s Water Conservation Residential Rebate Program by watching the livestream on our NAAR Facebook Page or by clicking the link below.
Change to MLS Rules
The following change to the MLS Rules and Regulations was approved by the NAAR Board of Directors on January 24, 2024:
Division of Commissions
SECTION 6.3: ACCEPTABLE OFFERS OF COMPENSATION: The Listing Participant shall specify, on each Listing that is filed with the NAMLS, the compensation being offered to Participants for their services in the sale of such listing. The offer of compensation shall be either a percentage of the gross selling price or a definite dollar amount. The dollar amount entered shall be any value from zero to greater. Compensation amounts that are not based on the gross sales price (e.g., compensation is based on the base price of a new construction) must be shown as net sale price, with the net sales price defined as the gross price minus buyer upgrades and seller concessions (1/24)
Open to the Public: We Need Your Help!
NAAR Committees are working hard to get members of the public involved in the real estate conversation happening in Northern Arizona, especially around Fair Housing and how real estate professionals are perceived within our community. Join us by inviting the public to participate in any of the upcoming opportunities and consider attending one of the events with a friend!
Sign up to join a NAAR Committee for 2024
To accomplish NAAR’s Mission, we rely on the experience and expertise of our volunteer members. There are lots of opportunities to serve:
Advocacy Committee: Protect private property rights, champion REALTOR® Party initiatives and advocate for homeownership and real estate investment.
EDI Committee: Strives to increase equity, diversity, and inclusion within the association and its leadership, build and expand relationships with multicultural real estate organizations, and address fair housing issues and fair housing planning within our community.
MLS Committee: Promote sharing of accurate information to advance member cooperation and enhance knowledge, skills, and client engagement related to Multiple Listing Systems.
Outreach Committee: Engage in efforts to support and contribute to our local communities through member involvement.
Professional Development Committee: Promote and support member advancement through professional development, training, and personal wellness.
RAPAC Committee: A member-sponsored effort organized to financially support candidates running for local, state, and federal office whose position on real estate regulation and free-market business environment represent the initiatives of the Arizona REALTORS®.
Wellness Task Force: Committed to providing classes on topics that benefit members with their overall health and wellness.
Join Us for Coffee with REALTORS®
NAAR Office, Wednesday, February 21st, 10:30am-noon
1515 E. Cedar Ave, Suite #C4, Flagstaff, AZ 86004
Guest Speaker:
Joe Galli, Greater Flagstaff Chamber of Commerce, Sr. Advisor Public Policy
RSVP to judyj@nazrealtor.com
Upcoming Events
Register for NAAR events directly on our website using the button below. If you’re interested in volunteering with NAAR next month, contact Community Outreach Chair, Alison Rucker at alison.rucker@wvmb.com for more information.
2/7 – Adapt: Changes to Buyer Representation
2/19 – NAAR Office Closed (Presidents' Day)
2/21 – Coffee with REALTORS®
MLS Complaint Summary
November 28 - January 23
Click to view AAR Disciplinary Actions
MLS Rules and Regulations Reminder:
SECTION 1.16: CHANGE OF STATUS OF LISTING: The Listing Brokerage must input any change in listed price or other change in the original listing agreement, only when authorized 9 in writing by the Seller(s) and within 72 hours (excluding holidays and weekends) after the Listing Brokerage receives the authorized change. SECTION 1.16.1: LISTING STATUSES: Northern Arizona MLS uses the following status types to indicate a property’s availability: ACTIVE, ACTIVE CONTINGENCY REMOVAL, PENDING TAKE BACKUPS, PENDING, CLOSED and EXPIRED.
*Please note: NAMLS Member participants will have 24 hours to respond to the FlexMLS Error Report. Failure to make the appropriate listing corrections will receive a fine per the NAMLS Penalty Policy. For further assistance regarding error reports, please contact Ventrice McMaster at naarflag@nazrealtor.com.
Note: Violation fines collected by NAAR are used to fund community support activities. NAAR does not benefit from MLS fines and would like to see the number of fines reduced!
Please take a moment to review our NAAR MLS Rules and Regulations HERE and our NAAR Penalty Policy HERE.
