July Edge Newsletter-The Market is getting Hot, Hot, Hot!

July 2013

Kristina Farrell

From Your President, Kristina Farrell

July Edge Video

Click here for a video message! 

Where is Kristina? Send answer to to be entered in the contest! 

Thank you to all who entered in June. Carla Parks was our winner! Kristina was at Tanglewoof. Congratulations! 

Glenn Cobb

Glenn Cobb, RCE | Chief Staff Executive

I hope all of you are having a productive and fun summer so far. This month, I thought it might be helpful to highlight a few issues that I am sure are of interest to each of you.  Follow the hyperlinks below to get more information on any of these issues.  If you have questions or comments, please let me hear from you.  Happy summer!

Existing Home Sales Surge
Existing home sales in the greater Winston-Salem area continue to improve.  Existing home sales soared to 686 in May, compared to 582 in April (an 18% increase) and 523 in May of 2012, a 31% increase.  The average price of those existing homes also increased.  The average price in May of 2013 was $159,276, compared to $151,218 in April of 2013 and $153,600 in May of 2012.

Winston-Salem Northern Beltway
The Winston-Salem Northern Beltway is a multi-lane freeway that will loop around the northern part of Winston-Salem. Click here for more information and maps.

Forms Changes effective July 1
Summary of Forms Changes-Residential

Summary of Forms Changes-Commercial

WSRAR Calendar of Events

Calendar of Events

Click here to register for any of these events:
Click on the events below for more information. 
  • WSRAR Office Closed Thursday, July 4
  • July 11 REALTOR-Appraiser Valuation Forum
  • July 17 Learn @ Lunch
  • July 25-Night with the DASH 

Save The Dates:

September 5, 2013
Tee Off Against Child Abuse

September 24, 2013
YPN Technology & Business Expo

November 1, 2013
ReStore Spaces Event

December 5, 2013
WSRAR Bus Trip

Triad MLS
New Short Sale Contingent Status!

Effective Thursday, June 27th, a new status, "Short Sale Contingent", will be available in our MLS systems.

This new status will function as follows:

  • Short Sale Contingent will be in Residential, Vacant Land, and Multi-Family Property Types.
  • The status will be treated as an “Active-type” listing.
    • In other words, for IDX purposes, this would be an Active Type listing just like PendingAB, DDP.
  • When changing a listing to the status of Short Sale Contingent, no entry will be required in any fields under the “Comparable Information” section.  (Selling Office, Selling Agent, Contract Date, etc.)
  • A listing can go from “Active” to “Short Sale Contingent” AND from “Short Sale Contingent” to “Active, Pending, PendingAB, Withdrawn or Temporarily Off-Market”.
  • In order to move a listing to ‘Closed’ from this status, you would first need to change to Pending or PendingAB.
  • If the listing is in “Short Sale Contingent” status and it reaches the Listing Expiration date, it will stay in “Short Sale Contingent” status just as it does when it’s in a “Pending” status.
    • When the listing is edited for any reason after the expiration date is reached, it would also follow the same rules as a “Pending” listing in the same situation.


Coming Soon!

2013-2014 CE Schedule

Event Photo Recap
Event Photos Recap *You do not have to have a facebook account to view these photos. 
Good To Know

Good To Know

Triad MLSTriad MLS New Website  
The new MLS consumer portal gives you free lead generation, free open house promotion and free "New to Market" listing promotion.  Check out today! 

Discount Program
WSRAR Local Discount Partner Program: Are you saving money?



RPAC Fair Share Campaign

Click here for a pledge form and invest today!
GOAL: $20,000
Contributions to date: $8,863

$99 and Up Contributions as of 6-24-13

Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your state PAC reaches its RPAC goal 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.

Membership Report & Birthdays

Click here for the full Membership Report & Birthdays
WSRAR July Membership Report

Looking Back
Looking Back ArticleThe Pilot Company-1929
Click here for the Looking Back Article


RCA June Wrap Up

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Our mailing address is:
195 Executive Park Blvd., Winston-Salem, NC 27103
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