Royse Report

ContinuingEducation-1-300x248

CE Live
Now Available

Get in and get it done!

Don't miss the opportunity to learn from the best.

8 Hours DCE and 12 Hours ECE

Upcoming classes:

Saturday-Sunday December 14-15
Monday-Tuesday December 16-17
Saturday-Sunday December 28-29

See our full schedule

 

Sales PreLicening

Get the best PreLicensing value at a price that's right.

Anchorage February 7-9, 2020

Friday 5pm-9pm Saturday and Sunday 9am-5pm

Compare our classes and get the best value from the number 1 Real Estate school for 25 years.

Classes can be taken in classroom and/or by correspondence and get started now.

See our full schedule

November 25, 2019

Great Opportunity for Licensee looking to become involved in Commercial Real Estate.

PROPERTY MANAGER for Downtown Executive Office Center

The position is full time, includes benefits and salary is DOE.

POSITION DUTIES

* Oversee office support staff

* Recruit new tenants, both physical and virtual

* Maintain tenant satisfaction

QUALITIES

* Professional, excellent customer service skills and detail oriented.

EXPERIENCE, EDUCATION AND CERTIFICATIONS

*High school diploma or equivalent

*Licensed driver with reliable transportation

*Preferred licensed Real Estate agent with the Alaska Real Estate Commission or become licensed within (6) months of hire.

*Familiar with payables, receivables and profit/loss statements

*Marketing

*Proficient in Microsoft Office (Word, Excel, Outlook, etc.)

If you are interested and would like to learn more, submit your resume to: Randa@Alaskatraining.com

November 22, 2019

The Education Committee for the Alaska Real Estate Commission met yesterday. There were a number of recommendations to move areas of interest forward to the Real Estate Commission to get approval to empower the education committee to focus on a number of issues they believe are important to the industry.

  • Review and reach out to industry to review and redesign pre-licensing and post licensing education curriculum for brokers and salespeople and identify subject matter and specific measurable learning objectives.
  • Identify real estate industry education goals.
  • Training session at committee meetings to define recommended mission and goals
  • Receive information on what specific regulations and statutes are being violated to help pinpoint education topic/subject areas.
  • Beginning dialog on Train the Trainer Workshop

The next real estate commission meeting is scheduled for December 15, 2019, and the next education committee meeting is scheduled for February 5, 2020. Both meetings will be available both live and the teleconference. Look for announcements on how you can join and have your voice heard.

I had the privilege of speaking at the last Alaska State Home Inspector meeting last Friday. In addition to my presentation, Robert Doehl, Director and Building Official for the Municipality of Anchorage Development Services, addressed the subject regarding smoke alarm requirements. There seems to be confusion on the requirements for interconnected smoke alarms on remodels and what building codes must be followed and when the building codes are grandfathered in.

Click here for Black Friday Savings

The trigger date relates to when the building was built. It is the building codes that were in place at the time, the property was built that apply, and do not need to be brought to current code under normal circumstances.

However, there are two exceptions. Smoke alarms and CO2 alarms in the new code requires that those detectors must talk to each other in the house. One way to tell whether they are connected is by pressing the test button on one, which should simultaneously make the other alarms ring. It is not necessary to rewire the property with the Bluetooth functionality that is available. However, it is important for real estate licensees, if they are paying attention, to make sure that there is an underwriting laboratory approval and not a cheap imported noncompliant alarm to reduce risk.

November 15, 2019

Two upcoming meetings for the AREC Education and AREC Property Management Committees next Thursday November 21, 2019.

Email us at randa@alaskatraining.com for details.

 

November 7, 2019

You may have seen on the recent listserv announcement that the two new committees for the Alaska Real Estate Commission met last week and elected to chairpersons. Both of the chairpersons work in the field of residential and commercial property management, which will enable the focus of those committees to address both residential and commercial sales and property management, including association management. The chairperson of the property management committee is Kassandra Taggart. The chairperson for the education committee is Tammy Krous. Congratulations to both of them and I know they are both committed to making the industry better

Other recent news includes the appointment of Jerry Royse to the Association of Real Estate License Law Officials (ARELLO) Education Compliance Committee. He is the first Alaska real estate broker appointed to this prestigious committee. It adds to his previous appointments to the National Association of REALTORS Education Committee for two years, the NAR Commercial Education Committee, the Alaska Association of REALTORS Education Committee, the Anchorage Board of REALTORS Education Committee, and the Education Chairman for the Alaska Real Estate Commission serving in that role for two years. He is also been reelected as the Education Liaison for the Alaska Real Estate Commission where he also serves as a Commissioner.

In the recent announcement through the listserv a reminder of the requirement to renew your E&O insurance policies for all licensees is fast approaching. After doing extensive research looking for alternatives, we have found E&O insurance options that cost less and have better coverage than the Rice Group policy. Many of our students have taken advantage and saved hundreds of dollars in their E&O policies. If you’d like to get a no obligation bid it’s really very fast and easy.

Fill out the form to request information about an alternative E&O insurance carrier.

Upcoming CE Classes:

Saturday-Sunday Nov 9-10

Thursday-Friday Nov 14-15, Special Property Management Focus

Saturday-Sunday Nov 16-17

Tuesday-Wednesday Nov 19-20, Special Teams Focus

November 4, 2019

Last renewal cycle we offered several specialized CE programs recognizing that different licensees have different business models and need updated information to know what to do to avoid risk and increase profits. These programs were a great success. So we are offering them again by popular demand. We are offering specialized live classes with attendees from around the state where you can network with peers and share their secrets and strategies for success, problem resolution, and growth strategies.

While our 20 hour live CE programs are relevant generally to all professions, these specialized programs allow us to drill down and really get into the details of specialized practices.

1. Specialized Broker CE Tomorrow Still Room.
Join brokers from around the state in this exciting CE program. By tailoring both required and elective classes specifically to brokers needs. You’ll learn some great secrets that you can immediately employ in your brokerage to increase profit and reduce risk. This gourmet program includes prime rib, you just can’t beat, so join us and learn from brokers around the state.

2. Custom Property Management CE Nov 14-15.
This is an exciting program we offer twice last license renewal cycle to great reviews. So we are bringing it back. Because property managers have their own needs. This program allows you to drill down and get the newest updates for your particular field. With property managers from around the state, managing both residential and commercial property, you will gain secrets from practitioners who have been there and face some of the issues that you face. Gain from the solutions they have come up with to make your property management practice better.

3. Specialized Team CE Nov 19-20
Teams have become a major component in the real estate industry in Alaska. But without much direction, best practices are sometimes are hard to find. This 20 hour CE program focuses specifically in the issues that teams need to consider or people who are considering putting a team together need to understand. It will be an exciting class. Be sure to join us if you’re considering a team or you want to refine the team that you already have.

4. Maui Registrations over 125 Strong & Growing
Our 21st annual EDGE Maui CE program is more exciting than ever. Enjoy advanced tax strategies that will help you become more valuable to yourself and your clients. Networking events are amazing and you will meet with the industry leaders from around the state. These are the people to do the business and you want to develop deeper relationship from them and learn from their success.

5. 2 Great AREC Committee Meetings: Watch for updates later this week
Last week we had 2 meetings for newly formed committees for the Alaska Real Estate Commission. Chairpersons were elected for both the education committee and the property management committee. Significant discussions occurred and it is exciting to see the work that will be done through these two committees. Look for updates later this week and I will outline some of the major talking points that were discussed in the direction the real estate commission is heading to help deliver better solutions for the industry.

The Alaska Real Estate Commission has scheduled 2 important meetings this week where you can make your voice heard.

The Property Management meeting will review current property management regulations and look for recommendations and problem areas where you think the Real Estate Commission should focus.

Property Management Regulation Committee, October 29, 2019 @ 2:00pm. Suite 1560

ZOOM Info: Join ZOOM meeting: https://zoom.us/j/436590011

 Meeting ID: 666 987 700, Call-In: +1 669 900 6833

The AREC Education Committee Meeting will be meeting the following day and to join that teleconference use the login credentials below. The focus of this meeting will be to review the sales and broker prelicensing and post licensing curricula to make recommendations on areas that are not being addressed in those respective classes.

For 25 years people have known that the prelicensing class for salespeople does not really teach people what they need to know and we are committed to move forward to make the subject matter more relevant in both the prelicensing and post licensing classes for both salespeople and brokers.

Now is your chance to be heard. Both of these meetings include a public comment section at the beginning of the meeting. Because these meetings and their content must be approved by the real estate commission, ahead of time, we are restricted somewhat in these first meetings to focus only on that which is been approved by the full commission. However, with the public comment section at the beginning of both meetings, we will have an opportunity to address industry concerns so that we can add further agenda items to these committees at the next full real estate commission meeting on December 18. We can begin to address the challenges the industry faces and began to create solutions that help the industry and consumers alike.

Tentative REC Education Committee

Teleconference Meeting Agenda

October 30, 2019

ZOOM Info: Join ZOOM meeting: https://zoom.us/j/666987700

Meeting ID: 666 987 700, Call-In: +1 669 900 6833

I will be attending both meetings and hope to see and hear you online to hear your concerns and ideas to make this industry better.

October 22, 2019

Elections for Vice Chair and Education Liaison were held

Vice Chair Margaret Nelson
Education Liaison Jerry Royse

E&O Update

Since joining the commission I requested an audit of the Rice insurance group policy for the industry that they are required by contract to provide on a quarterly basis. The contract is been in place for 18 months, but it seems no one was looking very closely at the cost versus the benefits of the program. In reviewing the last 18 months of claims, here are the facts: $508,000 paid in premiums, $2,000 in claims paid.  Do you think we should consider other approaches like self insurance with a secondary insurance to cover against large losses?

Regulations Update

There were 69 pages of almost unanimous opposition to the proposed regulations related to education, generated by the previous commission, that were to be decided at our last commission meeting. Much of the public testimony pointed out conflicts of interest, violations of the Ethics Law and Anti Trust elements that many people felt were designed to benefit one member of the commission at the expense of consumers and the industry.  The proposed regulations were soundly defeated by the current AREC.

Education Committee has been authorized and invites will be going out on the List-serv.

We are looking for Volunteers
Initial Agenda Item authorization from the Board
Redesign of Pre and Post Licensing Curriculum
Defining measurable Learning Objectives in DCE

Sept 13, 2019

Next AREC Meeting September 25, 2019

10:30am

Atwood Building

Because written testimony is the only way to have your voice heard, read the regulations for yourself and any written comments need to be submitted to:

RegulationsAndPublicComment@alaska.gov

Additional agenda items open to discussion in writing and possible oral testimony include the new AREC Disclosure Document and the Waiver of Right to be Represented Drafts.

News Update:

I wanted you to be among the first to know that those individuals seeking to obtain a real estate license for the first time in AK can now apply online through MyLicense. It went live this week. Candidates can upload their documents (exam score sheet, education certificate, etc.), however, unfortunately they would be required to submit their notary page to the REC office either by mail and drop it off at the AREC office.

I am following up to try to overcome the requirement to drop things off at AREC, citing the Electronic Transaction Act. I am asking: Who made the decision that we can't upload a document with a notary seal? Because that decision seems to violate state statutes and makes the upload capability much less useful for the industry.

Chapter 09.80. Uniform Electronic Transactions Act

Sec. 09.80.040. Legal recognition of electronic records, electronic signatures, and electronic contracts.

(a) A record or signature may not be denied legal effect or enforceability solely because it is in electronic form.(b) A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation.(c) If a law requires a record to be in writing, an electronic record satisfies the law.(d) If a law requires a signature, an electronic signature satisfies the law.

Sec. 09.80.080. Notarization and acknowledgment.

If a law requires a signature or record to be notarized, acknowledged, verified, or made under oath, the requirement is satisfied if the electronic signature of the person authorized to perform those acts, together with all other information required to be included by other applicable law, is attached to or logically associated with the signature or record.

Sec. 09.80.150. Acceptance and distribution of electronic records by governmental agencies.

(a) Except as otherwise provided in AS 09.80.090 (f), each governmental agency of this state shall determine whether, and the extent to which, the governmental agency will send and accept electronic records and electronic signatures to and from other persons and otherwise create, generate, communicate, store, process, use, and rely upon electronic records and electronic signatures.

(b) To the extent that a governmental agency uses electronic records and electronic signatures under (a) of this section, the governmental agency, giving due consideration to security, may specify(1) the manner and format in which the electronic records must be created, generated, sent, communicated, received, and stored and the systems established for those purposes;(2) if electronic records must be signed by electronic means, the type of electronic signature required, the manner and format in which the electronic signature must be affixed to the electronic record, and the identity of, or criteria that must be met by, a third party used by a person filing a document to facilitate the process;(3) control processes and procedures as appropriate to ensure adequate preservation, disposition, integrity, security, confidentiality, and auditability of electronic records; and(4) any other required attributes for electronic records that are specified for corresponding nonelectronic records or that are reasonably necessary under the circumstances.

(c) Except as otherwise provided in AS 09.80.090 (f), this chapter does not require a governmental agency of this state to use or permit the use of electronic records or electronic signatures.

Your thoughts?

-Jerry

I want information about an alternative E&O insurance carrier.

Broker Training

Handshake

Monday-Tuesday

February 10-11

Reserve your spot today!

Join fellow licensees for a 2 day intensive that is sure to be fun and easy.

See our full schedule

qtq80-zrCi0J

EDGE Maui CE and Asset Protection Conference

Dec 5-6 and 9-10, 2019

Special Price ends September 30

Hurry and get $50 off!