Member Updates

250 Years of Housing Policy—and What Comes Next

As the nation prepares to celebrate America’s 250th anniversary this weekend, a new report from Realtor.com® takes a big-picture look at how federal housing policy helped shape today’s $48.7 trillion housing market—and what it means for the next generation of buyers. While historic efforts expanded access to homeownership, today’s challenges center on affordability and housing supply.

Read more to explore how past policy continues to influence the market today—and what potential solutions could help open the door for future homeowners.

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DOWNLOAD INDEPENDENCE DAY GRAPHICS HERE

Computation of Time Reminder: Independence Day Observed

Independence Day (July 4) falls on a Saturday this year and will be observed on Friday, July 3. This means Friday is considered a legal holiday under the Computation of Time provision. Be sure to account for this when calculating contract deadlines that fall within this timeframe.

Read more about computation of time here.

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2026 MEMBER PROFILE NOW AVAILABLE

REALTORS® Show Resilience in a Changing Market

A new report from the National Association of REALTORS® shows how members are adapting and staying strong despite ongoing market challenges. The newly released 2026 Member Profile reveals a profession anchored by experience, repeat business, and evolving strategies—demonstrating the staying power of today’s REALTORS®.

Dive in to see how members nationwide are navigating today’s market and positioning themselves for long-term success.

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Prioritize Your Health This Summer with Active & Fit Direct™

Washington REALTORS® can take advantage of the Active & Fit Direct™ Program, offering discounted access to thousands of gyms, fitness centers, and premium studios nationwide. With flexible options designed to fit your schedule and lifestyle, it’s an easy way to stay active—whether you’re at home or on the go.

Members can also benefit from digital workouts, wellness tools, and educational webinars, making it simple to support your health, manage stress, and stay energized in a demanding real estate career.

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Did You Know?

You Can Promote Both Homeownership and Inclusivity Year-Round!

As we wrap up Pride Month and National Homeownership Month, your messaging doesn’t have to stop here. Washington REALTORS® and NAR offer graphics and resources to help you showcase your commitment to inclusivity and homeownership all year long.

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Legal Hotline Q&A of the Week

Question

I am the firm DB and am concerned that we may not receive compensation as a buyer's representative. A broker in my office wrote an offer using Form 21, leaving 17a and 17b blank, but the "Addendum for Buyer Credit" was checked. The PSA includes a signed around Form 41C with a check mark for seller's credit-to-buyer option and entered X% of the sale price. We have a signed Form 41 with the buyer agreeing to pay X% compensation to our office. Does 41C obligate the seller to automatically cover the compensation owed to our office?

Answer

No. Form 41 obligates buyer to pay the firm X%. Form 41C obligates seller to pay X% as a credit to buyer at closing, assuming buyer's lender will allow seller to credit X% to buyer. Nothing about the PSA obligates buyer or seller to direct payment from the transaction to the firm. However, buyer retains an obligation to pay X% to the firm based on the Form 41. If buyer's lender will allow buyer to pay the firm's compensation and will allow seller to credit X% to buyer at closing, then there is an easy solution. The firm should submit a Form 40A to escrow, instructing escrow to pay X% to the firm from buyer's column on the settlement statement. Buyer should sign the Form 40A indicating buyer's consent to the payment.

Where the firm will encounter a problem, potentially, is if the buyer's lender's loan restrictions will not allow buyer to pay buyer broker's compensation. Based on the current drafting, the only way that the firm is getting paid is from buyer's column of the settlement statement. If buyer's lender will not allow that and if the parties are willing to modify the PSA, then the solution is to amend the PSA to remove the Form 41C and to complete Form 21, paragraphs A and B to properly reflect seller's offer of compensation and agreement to pay the buyer brokerage.

If the buyer's lender will not allow buyer to pay the compensation and if the parties will not amend the PSA, then the firm is unlikely to be paid and buyer will receive a windfall. This is an excellent opportunity for DB to engage in a teaching moment. BB demonstrates a lack of knowledge regarding: the state law requirement to disclose seller's offer of compensation; proper drafting to obligate seller to pay BB's compensation through completion of paragraph 17B; and a lack of understanding regarding the "Addendum for Buyer Credit" check box which has no relevance if the blanks on paragraph 17A and 17B are not completed.

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