The Alaska Real Estate Commission held it’s final meeting of 2014 on December 3rd. at the Atwood Building in Anchorage.
The initial rewrite of the Alaska Real Estate Commission Consumer Pamphlet and Waiver of Right to Be Represented proposed in June generated considerable public comment at the September 12, 2014, meeting. As a result, the Commission held a special work session on November 12, 2014, to address concerns that were raised.
The revised versions, were adopted, have been noticed for written public comment, and will be considered at the next meeting. Any person who submitted written or oral comments previously does not need to resubmit them as those comments are a part of the record and will be reviewed during the Real Estate Commission’s deliberation on February 25, 2014.
Discussion was also held regarding advertising of a business name. Initial consideration was given to a proposed regulation change at the September meeting and the conversation continued during this meeting. Concerns were raised, include the “branding” many licensees have undertaken for name recognition, as well as confusion at the consumer level when it comes to identifying the brokerage. The discussion will continue at the next meeting.
The status of Errors and Omissions insurance is still on hold while the office of Procurement for the State of Alaska develops an Invitation to Bid to solicit proposals for coverage.
Finally, it is renewal time for real estate instructors. All instructor certifications expire on April 1, 2015. Renewal information and forms are available on the Real Estate Commission website. Instructors are encouraged to submit their renewal applications well in advance of expiration.
The next meeting of the Alaska Real Estate Commission will begin at 9:00 a.m., February 25, 2014, at the Atwood Building,, 550 W. 7th, Avenue, Room 1270, in Anchorage.
By Anita Bates, Bates & Associates, REALTORS®