Electrification and the Future
Dear SAR REALTOR®and Affiliate Members,
Local cities and counties in our region are implementing policies to shift from use of natural gas in residential homes to going ALL-ELECTRIC. "Electrification!" You have probably heard this word thrown around a lot lately -- but what does it really mean as it relates to our profession and our region? Well... it means A LOT. And I would strongly encourage you to attend the "Electrify Your Education" event coming up on August 30th to learn about the coming required changes. What does this mean for your own home? What does this mean for our clients and transactions? The implications are far reaching.
I am connected to many REALTOR® colleagues on various social media channels, and my feeds are full of real estate-related content. A really neat, FREE, and totally underutilized member benefit available from NAR is use of personalized social media content using the Photofy App.
Our upcoming main membership meeting on Tuesday, August 2nd at 9am is indeed the TRIPLE THREAT! This is one meeting you do not want to miss. First, as our new SAR CEO Jessica Coates starts this coming week our main meeting will be many of our members' first opportunity to say hello!
Do you ever wonder what SAR does to serve our members and the community? Ever thought about getting involved but you were not sure where to start? For the month of August, seven SAR committees are opening the doors to you! 
Forms, forms, forms! You may have noticed logging into your ZipForm account that as of this week C.A.R. has released several new and updated forms. Probably one of the most notable new forms is the Fair Appraisal Act Addendum, aka form FAAA.
Let's talk about the elephant in the room: while mortgage interest rates have been on a steady, upward trajectory all of this first half of 2022, you have probably noticed that there was a rather abrupt increase in interest rates late last week to early this week. To support our SAR members and to provide some helpful context for how these rate increases may affect your clients --AND our business-- tomorrow SAR will email to all members a short video where 2022 SAR Affiliate Chair, Cam Villa, and I discuss just what’s happening in the financial markets, how you may help your buyers navigate rate and payment increases, how you may coach your sellers during this time, what questions you may want to ask loan officers when working with buyers or receiving offers on your listings, and more.