Agenda Association Executives Committee HAWAI‘I ASSOCIATION OF REALTORS® July 21, 2020 Via Zoom 10:00 a.m. – 11:30 a.m.

I. Call to Order Kehau Costa, Vice Chair

II. Roll Call

III. Any corrections to the Minutes of April 21, 2020 as circulated

IV. HAR Updates from HAR Staff Liaisons (10 minutes total)

A. Report from HAR CEO Nancy Donahue-Jones

B. Education & Real Estate Commission Ethel Keyes

C. Chapter Institute Events Crystal Lancaster

D. Public Relations Committee Kristina Lum

E. Standard Forms Andrew Nguyen

F. Government Affairs Ken Hiraki

G. RPAC Aron Espinueva

H. YPN Aron Espinueva

V. HAR President’s Update (3 – 5 minutes) Jack Legal

VI. NAR Updates From Committee Members (5 minutes total)

A. NAR

B. Professional Standards

C. MLS Policy & Issues

VII. Other Updates (5 minutes total)

A. MLS - Local

B. Professional Standards & Arbitration – State

VIII. Local Board Reports/Updates (10 minutes total)

A. Island REALTORS® B. Honolulu Board of REALTORS® C. Kauai Board of REALTORS® D. REALTORS® Association of Maui E. West Hawaii Association of REALTORS®

IX. Old Business

X. New Business

XI. Next Meeting –November 24, 2020 via Teleconference

XII. Adjournment

*** Subject to Approval at the AEC meeting on 07.21.2020 *** Minutes

Association Executives Committee HAWAI‘I ASSOCIATION OF REALTORS® April, 21 2020 Via Zoom

A meeting of the Association Executives Committee of the HAWAI‘I CALL TO ORDER ASSOCIATION OF REALTORS® was called to order by Chair David Belew at 10:01 a.m.

AEC Chair David Belew, AEC Vice Chair Kehau Costa, Karen Ono, Karin Shaw, ATTENDANCE Suzanne Young, HAR President Jack Legal and Nancy Donahue-Jones Staff Liaison: Yvonne Stout, Chatney Higa-French

Guests: Aron Espinueva, Ken Hiraki, Ethel Keyes, Crystal Lancaster, Kristina Lum, Denise Motohiro, Andrew Nguyen

The minutes for February 18, 2020 were accepted as circulated. MINUTES

CEO Nancy Donahue-Jones’ written report was received by the committee REPORT FROM CEO and placed on file.

Ethel Keyes’ written report was received and placed on file. Mrs. Keyes HAR UPDATES FROM STAFF LIAISONS/ reported that the Education Committee held a meeting on April 15th. EDUCATION Strategies of Finance: Know the Borrower was revised and submitted to be standardized and modernized. The REC are allowing current approved CE courses to be held virtually and divided into two segments.

Crystal Lancaster’s written report was received and placed on file. Ms. HAR UPDATES FROM STAFF LIAISONS/ Lancaster reported that RRC and REBI were discussing the future for the CHAPTER INSTITUTES upcoming live classes. REBI has a lot of free webinars not just for members but for all REATORS®.

Kristina Lum’s written report was received and placed on file. Ms. Lum HAR UPDATES FROM STAFF LIAISONS/ highlighted that the deadline for schools to submit their application for RAD PUBLIC RELATIONS has been extended until June 30th.

Andrew Nguyen’s written report was received and placed on file. Mr. Nguyen HAR UPDATES FROM STAFF LIAISONS/ advised the committee that SFC will hold a short meeting via Zoom at the end STANDARD FORMS of the month to discuss the use of the CODVID-19 Addendum/Amendment form.

Ken Hiraki’s written report was received and placed on file. Mr. Hiraki HAR UPDATES FROM STAFF LIAISONS/ discussed the Legislative Session still being postponed. Discussion was held. GOVERNMENT AFFAIRS

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*** Subject to Approval at the AEC meeting on 07.21.2020 ***

Aron Espinueva’s written report was received and placed on file. Mr. HAR UPDATES FROM STAFF LIAISONS/ Espinueva highlighted that all RPAC Fundraisers have been postponed. RPAC

Aron Espinueva’s written report was received and placed on file. Mr. HAR UPDATES FROM STAFF LIAISONS/ Espinueva reported that YPN has been very creative conducting virtual coffee YPN hours and open houses.

CEO Nancy Donahue-Jones reported to the Committee that the virtual NAR NAR UPDATES/ Mid-Year meeting registration will open on April 24th. If you serve on a NAR committee you will receive a special invite to register for your meeting.

Written reports were submitted by each of the following local LOCAL BOARD REPORTS boards/associations: Honolulu, Kauai, Maui and West Hawaii.

Kehau Costa gave an oral report. Ms. Costa reported that Hawaii Island REALTORS® holds a virtual coffee hour once a week. They also hold a virtual caravan every Wednesday.

There being no further business, the meeting was adjourned at 10:50 a.m. ADJOURNMENT

Submitted by

Chatney Higa-Freench

Chatney Higa-French Executive/Governance Assistant

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Report Chief Executive Officer: Nancy Donahue Jones Reports to: HAWAI‘I REALTORS® Board of Directors Information Group: Association Executives of Hawai‘i REALTORS® Date: July 21, 2020

I am presenting two action items for your consideration along with an update on various items.

Action Items –

Action 1:

• Per the HAWAI’I REALTORS® Policy Statement Manual – BOARD, Policy Statement 30.00102 reads as follows:

Budget Approval Prior to August 1 of each fiscal year, the CEO, in consultation with the Board Leadership Team, shall prepare and submit to the Board of Directors for its approval or modification, a budget for the next succeeding fiscal year.

The CEO shall not cause or allow financial planning for any fiscal year or the remaining part of any fiscal year to deviate materially from the Board’s Strategic Priorities and risk financial jeopardy.

Accordingly, the CEO shall not:

1. Risk incurring those situations or conditions described as unacceptable in HAR’s Policy Statement Manual – Financial. 2. Omit credible projections of revenues and expenses, separation of capital and operations items, cash flow, and the disclosure of planning assumptions.

Based on this policy statement, the Leadership Team and I recommend to the Board of Directors the following action that should be made at the July 23rd meeting.

 Postpone the approval of the 2021 Budget until the September 24, 2020 Board of Directors meeting

Background: The Leadership Team and I after discussion, are recommending approval to postpone this item so that the Budget and the revised Strategic Plan can be presented together. In the past, the Strategic Plan was often approved after the annual budget was approved causing the budget to be out of step with the plan. The Strategic Plan should always work hand in hand with the Budget so that the association can move forward with the necessary resources in the areas that are considered priorities.

Action 2:

• Per the HAWAI’I REALTORS® Policy Statement Manual – BOARD, Policy Statement 30.00100 reads as follows:

Setting the Annual Dues Amount The amount of the annual dues for each class of membership shall be approved by the Board of Directors no later than August 1 of the immediately preceding year.

Based on this policy statement, the Board of Directors have two options that should be considered at the July 23rd meeting.

 Option 1 – Set the dues amount at its current amount of $225 for the calendar year of 2021

 Option 2 – Postpone the approval of the dues amount for the calendar year of 2021 until the September 24, 2020 Board of Directors meeting

Background – this policy statement was established with this specific deadline date due to the fiscal year of the REALTORS® Association of Maui which bills membership dues in August/September for October through September time frame. This avoids the possibility of having to bill twice by a local board whose billing cycle is different than the state association.

CEO recommends – the annual dues for HAWAI’I REALTORS® should remain at $225 for 2021.

Report Items –

• As of July 14, 2020, HAR has hosted nine virtual sessions on a variety of topics from legal and economic updates, business tools and cyber security. We had more than 2500 members register for these sessions and over 2100 YouTube views of these sessions. We continue to plan more virtual information sessions for our members throughout the balance of 2020. (With so much of our world in a digital environment, I hope you had a chance to watch our recent session on Cyber Security. What a reality check!)

• HAR has contracted with Lee Grossman to be our facilitator/consultant for the revision to our Strategic Plan. You may recognize Mr. Grossman’s name as he was our consultant for our recent Governance restructure that took place in 2019. As of this message, Lee has met with the members of the Strategic Planning Task Force as well as the Board of Directors and is meeting now with members of HAR’s designated staff. In our effort to be as transparent as possible with this process in a virtual world, we will be providing an update to the Board of Directors on July 30th at 10:00 a.m. The final revision of the plan will be presented to the Board of Directors at the September meeting. We will also be providing you with periodic updates between July and September.

• Membership numbers for the year prior to the COVID-19 pandemic were promising. At the end of the 2nd quarter, paid membership was at 9931 with 489 new members. (HAWAI’I REALTORS® tracks new members by the number of application fees paid).

For comparison of new members from 2019 to 2020:

2019 2020  January 146 76  February 181 117  March 202 95  April 85 45  May 109 53  June 181 103

Total: 904 489

We should continue to see changes to the membership for the rest of the year. As a trade association, HAWAI’I REALTORS® and the local Boards are unique in that they have received their REALTOR® dues money for the year already. The challenge for all will be in the prediction of membership for the 2021 budget cycle and beyond.

• As you may be aware, the PPP (or better known as the Paycheck Protection Act) is also available for non-profit organizations. Non-profits that have an IRS code of 501©3 and 501©19 (Veteran’s Group) are eligibly to apply. All other non-profits like 501©6 organizations are not. HAR is a 501©6 and is not eligible to receive these funds. Many associations across the country including NAR and ASAE (American Society of Association Executives) are working hard to have this segment of the non-profit community included in the next Congressional Legislative Package. HAR together with other non-profits in Hawai’i have signed letters to our Congressional delegation urging them to include this segment of the non-profit community.

• As of this report, HAR has received two secondary memberships or direct memberships from two brokers. Both brokers completed a detailed application, submitted current letters of good standing from their primary associations as well as current broker’s license from the State of Hawai’i. They are:

. Brad Letourneau, He’e Nalu Properties . Gary S. Roberts, Island Style Properties

• Treasurer Julie Meier and I will be presenting a revised mid-year 2020 budget to the Board at July meeting with the focus on reallocating resources from unused program areas due to COVID-19 into other areas of the association. Both the Treasurer and I felt this was important because with the reduction in revenue, there must a reduction in expenses.

• The 2020 REALTOR® of the Year for HAWAI’I REALTORS® will be announced via a special live presentation on July 31st. You don’t want to miss this event and the special recognition awarded to one of our outstanding members. The event will be live but we aren’t telling you where it will be held….you’ve got to watch to find out. While under normal circumstances, we would recognize our ROTY in a meeting, we will be coming up with alternative ways in which to recognize this individual. 😊😊

• NAR was seeking members to volunteer for their committees for 2021. The deadline to submit an application plus all applicable endorsements was June 1, 2020. Members appointed to NAR Committees for 2021, should be notified by NAR in late September/early October. Congratulations to our own Shannon King, who will be serving as one of the Vice Presidents at NAR in 2022 under the leadership of NAR President, Leslie Rouda Smith (Texas).

• Due to ongoing impacts from COVID-19 across the country, NAR has cancelled their face to face events in August (Leadership Summit Week) and in November (Annual Meeting & Conference in New Orleans). Both events will be held in a virtual format similar to the RLM in May. The virtual formats have been well received as attendance was much higher for the RLM and many members indicated that they were able to attend more meetings and sessions without the expense of travel. In addition, just announced by Charlie Oppler (NAR’s PE for 2020), NAR’s Leadership Summit will be held August 17, 18 & 19. Each day the sessions will be three hours and will cover a variety of topics. The great news about this format (besides no travel) is that the session usually open to only the AE and the incoming Presidents, will now be open to all “elected” officers of the association. The key words are “elected” and “officers”. This event will not be open to the general membership. Registration will open in early August. Local Board AEs should be receiving information in the near future about how to register and who is eligible to register.

• HAWAI’I REALTORS® has learned that the REALTOR® Leadership Program (Series 100, 200, 300 & 400) will no longer be offered by NAR as their licensing agreement for the program with CREA (Canadian Real Estate Association) will end as of August 31st. NAR is working on a new Leadership Program and it should be available for pilot testing in October. This will be good news for Hawai’i as I have volunteered our state to be one of the first to test this program in a 100% virtual environment. More details to follow once we learn more.

• As of today, I have attended more than 200 virtual meetings via platforms like Zoom, WebEx and Go To Meetings since we began to remote work in March. These virtual meetings include staff, AE and NAR check-ins, LT meetings, individual staff discussions, committee meetings and vendor meetings to just name a few. In addition, I’ve attended education sessions and events with NAR, ASAE, the Chamber and various local groups including HEA and HSBP. Everyone is Zooming! While I do miss much of the face to face interaction that can come from these meetings and events, we have shown as a community, that we can get the work done in a virtual environment. I think that this will have an impact on our ways of doing business both personally and professionally in the future. It has been a great way to stay connected with people across town, across our state, across the country and even with our friends and colleagues in Guam. I would like to extend my thanks and appreciation to all of the local Association Executives and their staff, for almost instantly changing the way they do their normal operations. They are doing a great job and all of their efforts including those that have been a bit more challenging, have been greatly appreciated. More importantly, the more that they continue to find new and innovative ways in which to do the business for our members, the better. HAWAI’I REALTORS® continues to hosts a weekly check in for all of the AEs to share island specific information and discuss any issues.

• On July 15th, both First Vice President Kelly Liberatore and I had the opportunity to attend a special edition of ASAE’s CEO Symposium for Chief Staff Executives & Chief Elected Officers. Normally, this program is offered only in a F2F environment but through the direction of the Center for Association Leadership, they contracted with the Tecker International Group who rewrote the program for a one-day virtual environment. Topics discussed were: Addressing Essential Decisions, Short-term and Adaptive Strategy & Leadership Strategy.

I would again like to extend my personal thanks and appreciation to the HAWAI’I REALTORS® Leadership Team. They continue to add insight & perspective to our questions, participated in meetings at the last minute and provided support when needed. I would also like to thank the many members who continue to volunteer for HAWAI’I REALTORS®. With little effort, you quickly adapted to a virtual world. Without your efforts and your dedication to this industry, we could not function and move HAWAI’I REALTORS® forward.

I would also like to extend my personal thanks and appreciation to the staff of HAWAI’I REALTORS®. We continue to describe our team of 11 as small but mighty. Never has this been truer. They continue to amaze me. They look for new solutions to some new and old problems. They collaborate with one another via technology. They seek knowledge and information and don’t hesitate to share what they learn. They laugh with one another and consistently remind one another that we're all in this together. While a team can work well in the best circumstances, a true test of the team is how they react under challenging or unusual circumstances.

I would also like to extend my thanks and appreciate to my industry colleagues, our local Association Executives. They continue to work every day, adjusting when and were needed to meet the needs of our members. We have some of our industry’s best here in Hawai’i and I hope that you take a few moments when possible, to extend your thanks and appreciation. A special thank you to David Belew, CSE at the REALTORS® Association of Maui until July 15th. David has accepted a position as the CEO with Upstate Alliance REALTORS® in Ft. Wayne, Indiana. Amy Johnson, RAM’s Director of Professional Standards & Board Relations will serve as the Interim CSE until a new CSE is named.

"Unprecedented" is a term we continue to use to describe the current COVID-19 pandemic and the long road to recovery. This crisis is truly unlike any we have experienced before.” Words from a community leader and no truer words have ever been spoken. Things continue to change on a daily basis. Just as you think you have mastered new processes; things change and we (all of us) continue to adjust. While today we have no immediate answers, we have no crystal balls laying out the future for us, we simply have each other and together we will continue to get through this.

As always, should you have any questions or if I can be of any assistance, please do not hesitate to contact me.

Continue to be well. Stay safe. Be kind.

Nancy Report

Committee Name: Education Committee (“EdC”) Reports to: CEO of HAR Information Committee: Association Executive Committee

Date: July 21, 2020

Mission Statement: Works in partnership with government agencies, local boards/associations, state and national associations to provide exceptional educational products and services to our members; to be the driving force for higher education for Hawai‘i’s real estate industry.

Committee Members: Chair Eren Look, GRI; Vice Chair Gae Callaway, GRI, SRS; Rowena Cobb, CRB, CRS, GRI, ePRO, SFR; Kehau Costa; Jodee Farm; Trude Fawson; Rhonda Lee Hay, SFR; Daryl Nishizawa; Cherie Tsukamoto, ABR, CRB, CRS, GRI, SRES; Aileen Wada, GRI, SRES. Leadership Team Liaison, Kelly Liberatore.

Meetings (since last report) April 15, 2020 (GoToMeeting/Teleconference); June 3, 2020 (Zoom)

Recommendations

1. Action Item: None for CEO approval.

2. Report Items April 15, 2020 meeting • Rescheduled IDW dates: o Hawaii Island: August 25 o Maui: August 26 o Kauai: August 28 o Oahu: August 31 • Increasing interactivity for CE class The REC is requiring additional interactivities for CE course beginning with the upcoming biennium. HAR courses were identified that needed additional interactivities and EdC members will be working on them. • Outcome of EdC recommendation to CEO The EdC’s recommendation from its March meeting was approved by the CEO. • Review of Strategies of Finance Loan Choices The EdC completed its review and approved the revised PowerPoint. The PowerPoint will forwarded to the individual contracted to modernized and standardized the materials. • Standardize and Modernize Strategies PowerPoints The EdC approved the standardized Strategies of Finance: Know the Borrower PowerPoint. It will be forwarded to the Local Boards by the end of April. The interactivities for the Strategies of the Purchase Contract was assigned to a member to review and incorporate within the course. • For June meeting Review of Mary Begier’s Instructor Application. Mary will be notified that the EdC recommends she audit one of the Local Board’s Broker Awareness two day classes schedule in June.

June 3, 2020 meeting • Standardize and Modernize Strategies PowerPoints The EdC reviewed the Strategies of the Purchase Contract again and approved to forward it to the Local Boards for use. The EdC member assigned will continue to work on the interactivities and present them at the next meeting. • New Instructor Application The EdC accepted Mary Begier’s Instructor Application subject to auditing a Broker Awareness Part 1 and 2 course by the end of 2020. After Mary audits the courses she will be eligible to teach the Broker Awareness courses on her own. The EdC was made aware that the originally scheduled Broker Awareness courses offered by two Local Boards were cancelled. The EdC decided that HAR will look into scheduling a state wide course for Broker Awareness Part 1 & 2. • HAR Courses Going Virtual Most Local Boards have begun Strategies courses via Zoom. Several GRI courses will also be offer by Local Boards within the next few months. The EdC will continue discussion regarding going virtual. • Archiving HAR Courses The EdC decided that potential instructors will continue to attend an in person or virtual class for auditing purposes. Recordings will not be done.

For more information, please visit: https://www.hawaiirealtors.com/resources/resources-volunteer then select “Education” Institute Report (Hawaii RRC Continued) July 21, 2020  AE Committee July 20, 2020 RRC Book Club discussion with author, Mark Givens (Zoom) 10:00 a.m. - 11:00 a.m. Book Title: Trust Based Leadership - July 10, 2020 Proven Ways to Stop Stressing and Start Webinar: Everything About 1031 Exchange Living 2:00 p.m. - 3:00 p.m. Speaker: Walton Liu, ESQ, CPA CRS Week September 21 - 25, 2020 August 4, 2020 A week of live streamed sessions available Webinar: Global Taxation to all real estate agents for free. Scheduled 10:00 a.m.—11:00 a.m. will be released shortly. Speaker: Brad Konishi, CPA

September 14, 2020 Webinar: Immigration Strategies for Foreign Real Estate Investors 10:00 a.m. - 11:00 a.m. Speaker: David Garfield, Esq July 22, 2020 Webinar: Considerations in Re-Opening Your Office 10:00 a.m. - 11:00 a.m. Speaker: Sanjay Mirchandani of Talent H.R. Solutions

July 15-16, 2020 CRS Course: Turning Difficult Situations In- to Profitable Deals 7:30 a.m.—12 noon 8 elective CE credits, and 8 CRS credits/2 CRS designation maintenance credits. Submitted by: Crystal Lancaster Instructor: Lee Barrett Director of Industry Relations Report

Committee Name: Public Relations Committee Reports to: Hawai‘i REALTORS® CEO Information Committee: Association Executive Committee Date: July 21, 2020

Mission Statement: Hawai‘i REALTORS® conveys a positive image of its value to members and consumers.

Committee Members: Erin Clapper, Kyle Nishiyama, Rochelle Augustin Beck, Roberta Charles, Kelsey Daimon, Dani Dooley, Grant Kanoho, Troy Krill, Kristin Moreland, Rachel Ball Phillips, Kristina Lum

Meetings (since last report): April 15, 2020; May 27, 2020; June 24, 2020

Recommendations:

1. Action Items: N/A

2. Report Items:

April 15, 2020

• Committee members provided updates on respective schools. • Revised deadline for RAD application to June 30.

May 27, 2020

• Committee members provided updates on respective schools and discussed COVID-19 challenges of this year’s RAD event. • Held discussion of potential financial literacy programs for future partnerships.

June 24, 2020

• Committee provided updates on respective schools. Kekaha (Kauai) and Jefferson (Oahu) were the only applications received. • Committee members to send message to RAD schools notifying them of Hawai‘i REALTORS® willingness to work on projects to assist with COVID-19 issues (e.g. donating PPE), not only campus beautification projects. • Held further discussion of local companies providing financial literacy education. Report

Committee Name: Standard Forms Reports to: Board of Directors of Hawai‘i REALTORS® Information Committee: Association Executives Committee of Hawai‘i REALTORS® Date: July 21, 2020

Mission Statement: Create and review all HAR contracts and addenda that deal with many aspects of real estate to determine whether changes, additions or deletions are appropriate due to legislative or industry practice. HAR General Counsel reviews all forms through the revision process.

Committee Members: Chair, Lori Kaizawa; Vice Chair, Dusty Woodstock; Sharon Brown; Arabel Camblor; John Connelly; Carol Cummings; Beth Daily; Patti Ichida; Liz Moore; Phoebe Nikolakakis; Anthony Pace; Roy Sakamoto; Jeannie Wenger. Ex Officio: First Vice President, Kelly Liberatore; YPN Liaison, Olivia Schubert; HAR Liaison, Frank Goodale

Meetings (since last report): May 21 and July 9, 2020

1. Report Items:

• The SFC continued to work through video conferences to continue its agenda items. • The SFC has worked on RR109 – Seller’s Real Property Disclosure Statement and is getting closer to completion and release to the membership for comment. • The SFC is working on new forms as approved by the Board of Directors, such as Back Up Offer Addendum and 1031 Exchange Addendum.

Page 1 of 1 Report Committee Name: Government Affairs Committee Reports to: HAWAI‘I ASSOCIATION OF REALTORS® Board of Directors Date: July 21, 2020 Mission Statement: The Hawai‘i Association of REALTORS® Government Affairs Committee (“GAC”) is responsible for protecting, promoting, and advancing the public policy interests and objectives of REALTORS® through political advocacy.

The primary effort of the GAC is at the state level, including but not limited to the Legislature, Executive Branch and State Agencies. However, the GAC may, from time to time, be involved with issues at the federal level through the National Association of REALTORS® and at the county level through the Local Boards. Committee Members: Chair Peter Davis, Vice-Chair Kasandra Shriver, Mary Begier, Arabel Camblor, Dale Bordner, Jennifer Andrews, Bill Bondanza, Kathy Davey, Karen Cardoza, Amanda Han, Steven Dutcher, Jody Libed, James Stone, Dianne Willoughby, Jason Economou, Lawrence Carnicelli, Roy Vandoorn, Michael Curtis, Justin Marshall and Glennon Gingo. Ex-Officio: President Jack Legal and President-Elect Derek Lau. Staff Liaisons: Ken Hiraki and Aron Espinueva.

Meetings (since last report): The GAC met weekly (12 times) while the Legislature was on Recess. After session started: June 25, 2020; July 2, 2020; July 9, 2020 and July 16, 2020.

II. Action Item(s) – There are no action items to report.

II. Legislative Update

On March 13, 2020, we provided a Halftime Report to membership of bills that HAR tracked that were alive or blocked. At that point, we were in a very good position as many of the bills that we opposed were sidelined.

Since then, the world has changed so quickly and rapidly due to the COVID-19 pandemic. While the Legislature was on recess the GAC still met weekly to provide any updates on the Legislature and Governor. Session started up again on June 22, 2020. While only written testimony was being collected, your Government Affairs team continued to advocate for REALTORS® to ensure no unintended consequences. The Governor has until August 31, 2020, to veto a measure.

For details of the GAC’s efforts, please refer to the Post-Session Report.

Additional Motions by the GAC: 1 The GAC discussed that the Department of Public Safety told the YWCA it was ending its contract for the Fernhurst work furlough program because it is facing budget cuts.

A motion was made and carried that the GAC recommends to create a position paper to support funding for the YWCA program.

Status Update: A position paper was crated. The Legislature funded this program.

The GAC discussed House Bill 460, HD1, Proposed SD1, which provides the counties with authority to: regulate hosting platforms; require owners or operators to list certain property information on any hosting advertisement or post on a hosting platform; establish short-term rental registries to prohibit hosting platforms from completing booking transactions unless the rental is listed in the registry; prohibit hosting platforms from collecting fees through an agent or intermediary for short‑term rental ancillary services; subpoena records from hosting platforms. Requires persons arriving in any county to declare their place of stay for short-term rental enforcement purposes. A motion was made and carried to oppose House Bill 460 to address the issues that infringe on private property rights.

Status Update: A letter to Chair Sylvia Luke (House Finance Committee) was crafted and sent.

For more information, please visit: https://www.hawaiirealtors.com/resources/resources-volunteer

2 BILLS THAT PASSED THE LEGISLATURE *The Governor has until August 31, 2020, to submit his intent to veto.

Senate Bill 126, CD1 Appropriates $636 million of CARES Act funds. The appropriations will provide direct financial assistance to Hawaii residents. UHERO estimates that this spending plan will generate up to 6,500 jobs and $1 billion in gross domestic product.

PURPOSE: TARGET: $ AMOUNT: Status: Unemployed $100 weekly benefit 117,000 UI persons $230,000,000 Sent to Governor Rental assistance up to $500 per month 34,000 families $100,000,000 PPE distribution system $100,000,000 Airports screening, testing, monitoring $90,000,000 Workforce development 2,000 – 4,000 jobs $36,000,000

Innovation grants for cleaning supplies/PPE 30 companies $15,000,000 Childcare facilities subsidy 900 facilities $15,000,000 Food distribution matching grant $5,000,000 Fishing industry subsidy $3,000,000 2020 graduate education support 11,000 high school seniors $2,000,000 Governor’s discretionary funds $40,000,000 TOTAL: $636 Million Senate Bill 2275, HD2 Updates the laws regarding notaries public to conform to the Revised Uniform Law on Notarial Acts (2018), the Hawaii Uniform Electronic Transactions Act, other state notary laws, and current notary practices. As part of this measure, it authorizes notaries public to perform notarial acts for persons not in physical presence of the notaries public and outlines the Status: manner in which notaries public may perform such notarial acts, including through the use of Sent to Governor authorized technologies and electronic stamping. Effective January 1, 2021. Senate Bill 2871, HD3 Allows the Real Estate Commission and Contractor’s Licensing Board to adjust Recovery Fund Status: and Education Fund fees to maintain a reasonable relation between the fees generated and Sent to Governor the cost of services rendered by the funds. Caps the funds at amounts determined biennially by the Real Estate Commission and Contractor’s Licensing Board. According to the Department of Commerce and Consumer Affairs testimony, “the Board and Commission hope to use this new authority to suspend collection of some of these fees during the next renewal period.” Applies retroactively to 7/1/2020.

Status: Senate Bill 2060, HD2 Passed Final Amends the Coastal Zone Management laws to protect against impacts of sea level rise and Reading coastal erosion. Effective upon approval.

1259 A‘ala Street, Suite 300 ● Honolulu, HI 96817 ● www.hawaiirealtors.com

BILLS THAT DID NOT PASS

BILL # & DESCRIPTION: POSITION:

Senate Bill 126, SD1 Provides the counties with authority to: regulate hosting platforms; Oppose require owners or operators to list certain property information on any hosting advertisement or post on a hosting platform; establish short-term Sent Letter rental registries to prohibit hosting platforms from completing booking transactions unless the rental is listed in the registry; prohibit hosting DEAD platforms from collecting fees through an agent or intermediary for short-term rental ancillary services; subpoena records from hosting platforms. Requires persons arriving in any county to declare their place of stay for short-term rental enforcement purposes.

Senate Bill 2697, SD1 Strongly Oppose Disallows the dividends paid deduction for Real Estate Investment Trusts, except for real estate investment trusts that provide affordable housing in Testimony the State. DEAD

Senate Bill 2697, SD1 Opposed / Requested Requires that mandatory seller disclosures in real estate transactions Amendment include identification of residential real properties lying within the sea level rise exposure area as designated by the Hawaii Climate Change Testimony + Mitigation and Adaptation Commission or its successor. Worked w/ Chair on Amendments

DEAD

1259 A‘ala Street, Suite 300 ● Honolulu, HI 96817 ● www.hawaiirealtors.com Report Committee Name: REALTORS® Political Action Committee of Hawai‘i Reports to: HAWAI‘I ASSOCIATION OF REALTORS® (HAR) Board of Directors Date: July 21, 2020

Mission Statement: The REALTORS® Political Action Committee of Hawai‘i (“RPAC”) Board of Trustees shall have complete supervision and control over the affairs and funds of RPAC and shall establish and carry out all policies and activities of RPAC. The Board of Trustees may, from time to time, adopt policies and procedures or amend existing policies and procedures to govern RPAC’s fundraising efforts in conformance with all applicable laws, the making of contributions and other expenditures in furtherance of its purposes, and the duties and responsibilities of members of the Board of Trustees. Chair Darryl Macha, Vice Chair Tim Stice, Immediate Past Chair C. Kapono Pa, Mary Begier, Grace Reinhard, Stephanie Doughty, Judy Sykes, Arlene Kim-Kawamoto, F. Lee Morey, Donna Rice, Laurie Lowson, Marilyn Griffin, Lynette Pendergast, Kelly Shaw and Lance Owens. Ex-Officio: HAR President Jack Legal and Government Affairs Committee Chair Peter Davis. Staff Liaisons: Ken Hiraki and Aron Espinueva.

Meetings (since last report): May 21, 2020 and June 26, 2020

I. ACTION ITEMS:

There were no action items.

II. REPORT ITEMS

Congressional Races (Hawaii Congressional District 1) Congressman Ed Case (D) has and continues to be a REALTOR® Champion in D.C. He also has an open door policy with Hawai’i REALTORS® and has been communicating and providing updates to HAR and his constituents.

By direction of the REALTORS® POLITICAL ACTION COMMITTEE OF HAWAI‘I, it recommends to the National Association of REALTORS® full RPAC funding ($5,000) for both the primary and general election ($10,000 total) for Congressman Ed Case. Motion carried.

Special Guest Judy Zeigler NAR Region 13 Disbursement Trustee provided an update and noted that on May 16, 2020, NAR RPAC approved HAR RPAC’s recommendation of $2,000 for Congressman Case which is the maximum for the primary election.

1 Congressional Race (2nd Congressional District)

Since Congresswoman Tulsi Gabbard (D) is leaving her seat, after running in the Democratic Presidential primary. Candidate questionnaires were circulated to all eligible open seat candidates in the race, which is part of the National Association of REALTORS® process.

Special Guest Kristian Hoysradt, NAR Political Representative for Hawaii, provided a presentation to the RPAC Trustees regarding the process.

By direction of the RPAC of Hawaii, it recommends to the National Association of REALTORS® to support Hawaii State Senator for the maximum of $5,000 for the primary election.

State Legislative Races RPAC held its candidate interviews virtually via Zoom due to the pandemic and travel restrictions. HAR reached out to candidates for all Open Seat races. HAR collected 32 questionnaires. HAR also Zoomed with 13 open seat candidates plus 9 incumbents and the following is a summary of the open seat races:

Kailua to Waimanalo 1. Representative (R) is retiring. This opens House District 50 representing Kailua and Kaneohe Bay after many years of service. 2. Senator (D) is also leaving office. Senate District 25 represents Kailua, Lanikai, Enchanted Lake, Keolu Hills, Maunawili, Waimanalo, Hawai‘i Kai, Portlock. 3. Representative Chris Lee (D) representing House District 51 (Kailua and Waimanalo) is running for Senator Thielen’s seat.

Kaimuki to St. Louis Heights Area

1. Speaker Emeritus Calvin Say (D) is running for the Honolulu City Council. That leaves an open seat spot for House District 20 representing St. Louis Heights, Palolo, Maunalani Heights, Wilhelmina Rise, and Kaimuki.

Puna to K’au

1. Senator (D) is not seeking reelection. He represents Senate District 2 (Puna and Ka’u). 2. Representative (D) is running for the Senate seat. She represents Puna. Kailua-Kona to Naalehu 1. Representative Richard Creagan (D) is also not seeking reelection. He represented House District 5 - Naalehu, Ocean View, Capt. Cook, Kealakekua, and Kailua-Kona.

RPAC took a data driven approach this election cycle for incumbents and created a Legislative Scorecard of bills that we strongly opposed.

2 By direction of the RPAC of Hawai‘i, it approves the Hawai‘i State Senate RPAC disbursement recommendations as circulated. Motion carried.

By direction of the RPAC of Hawai‘i, it approves the Hawaii House of Representative RPAC disbursement recommendations as circulated. Motion carried.

By direction of the RPAC of Hawai‘i, it approves the Open Seat races and an additional Senate race recommendation for RPAC disbursement as circulated. Motion carried. C. Kapono Pa disclosed a conflict and recused himself from the vote.

For more information, please visit: 1. https://www.hawaiirealtors.com/resources/resources-volunteer

3 RPAC GOAL DASHBOARD (as of June 30, 2020)

TRIPLE CROWN TRACKER (NAR AWARD) - OVERALL $ Fundraising Goal Participation Goal Major Investor Goal President Circle Goal $264,505 37% or 3,662 members 73 7 $162,707 4127 27 6 62% 113% 37% 86% $(101,798) 465 -46 -1

LOCAL BOARD PERFORMANCE HIR HBR KBR RAM WHAR Hawai‘i Island REALTORS® Honolulu Board of REALTORS® Kauai Board of REALTORS® REALTORS® Association of Maui West Hawai‘i Assoc. of REALTORS®

$ Raised % Goal $ Raised % Goal $ Raised % Goal $ Raised % Goal $ Raised % Goal $13,457 83% $88,273 52% $14,328 90% $36,890 87% $8,715 42% Goal = $16,221 -$2,764 Goal = $169,424 -$81,151 Goal = $15,874 -$1,546 Goal = $42,276 -$5,386 Goal = $20,710 -$11,995

# Invested: % # Invested % # Invested % # Invested % # Invested %

LocalBoard 290 48% 2,810 44% 247 42% 550 35% 228 29%

Triple Crown Award Goal is 225 65 Goal is 2346 464 Goal is 220 27 Goal is 585 -35 Goal is 287 -59

# MI Goal % of # MI Goal % of # MI Goal % of # MI Goal % of # MI Goal % of 3 4 67% 12 47 26% 3 4 68% 7 12 60% 1 6 17% # President Circle # President Circle # President Circle # President Circle # President Circle 1 2 0 3 0 LEGEND: 2019 2020 Legislators: Up for Reelection Bill Links: SB767 SB2216 SB3110 SB2996 SB2032 SB2032 HB = House Bill Bills SB = Senate Bill Y = Agreed w/ HAR Position Votes N = Did not Agree E = Excused Increase Handyman Exemption LAST NAME FIRST NAME Homes (Vacant) Empty Tax Prohibiting Foreigners to Buy Residential Real Estate Landlord Habitability; Can't Evict Section 8; Protected Class Conveyance Tax Increase; $2 million+ SENATORS Baker Roz Y N N N N N Chang Stanley Y N N N N N Dela Cruz Donovan Y N N N N N English Kalani Y N N N N N Fevella Kurt N N N N N N Gabbard Mike Y N N N N N Harimoto Breene E N N N N N Ihara, Jr. Les Y N N N N N Inouye Lorraine Y N N N N N Kahele Kai Y N N N N N Kanuha Dru Y N N N N N Keith-Agaran Keith Y N N N N N Keohokalole Jarrett Y N N N N N Kidani Michelle Y N N N N N Kim Donna Mercado Y N N N N N Kouchi Ron President Moriwaki Sharon Y N N N N N Nishihara Clarence Y N N N N N Rhoads Karl Y N N N N N Riviere Gil Y N N N N Y Ruderman Russell Leaving Y N N N N N Shimabukuro Maile Y N N N N N Taniguchi Brian Y N N N N N Thielen Laura Leaving Y N N N N N Wakai Glenn Y N N N N N LEGEND: 2019 2020 Bill Links: SB767 HB1990 HB = House Bill Bills SB = Senate Bill Y = Agreed w/ HAR Position Votes N = Did not Agree E = Excused

LAST NAME FIRST NAME Increase Handyman Exemption GET Surcharge to State (2031 to 2035) REPRESENTATIVES Notes: Aquino Henry Y N Belatti Della Au E N Brower Tom Y N Cabanilla Arakawa Rida Senate Race Y E Cachola Romy Y N Creagan Richard Leaving Y N Cullen Ty Y N DeCoite Lynn Y N Eli Stacelynn Y Y Gates Cedric Y Y Har Sharon Y N Hashem Mark Y N Hashimoto Troy Y Y Holt Daniel Y Y Ichiyama Linda E N Johanson Aaron Ling Y N Kitagawa Lisa Y Y Kobayashi Bertrand Y N Kobayashi Dale Y N Kong Sam Y N Lee Chris Senate Race Y N Lowen Nicole Y Y Luke Sylvia Y N Matayoshi Scot Y N Matsumoto Lauren Y Y McDermott Bob Y Y McKelvey Angus Y N Mizuno John Y N Morikawa Dee Y N Nakamura Nadine Y N Nakashima Mark Y N Nishimoto Scott Y N Ohno Takashi Y N Okimoto Val Y N Onishi Richard Y N Perusso Amy Y N Quinlan Sean Y Y Saiki Scott Speaker San Buenaventura Joy Y N Say Calvin Running for Council Y N Takayama Gregg Y N Takumi Roy Y N Tarnas David Y N Thielen Cynthia Retiring Y Y Todd Chris Y Y Tokioka James Y N Ward Gene Y Y Wildberger Tina Y N Woodson Justin Y N Yamane Ryan Y N Yamashita Kyle Y N SENATE RECOMMENDATIONS

Nov. 9, 2016 -2018 2019 2020 District: Last: First: Total: Total: Total: CURRENT: RECOMMEND: TOTAL: Notes: 6 Baker Roz $ - $ - $ - $ - 9 Chang Stanley $ 200.00 $ 250.00 $ 1,000.00 $ 1,450.00 $ 500.00 $ 1,950.00 22 Dela Cruz Donovan $ 450.00 $ 250.00 $ 250.00 $ 950.00 $ 1,000.00 $ 1,950.00 7 English Kalani $ 250.00 $ 250.00 $ 500.00 $ 500.00 19 Fevella Kurt $ 250.00 $ - $ 250.00 $ - $ 250.00 20 Gabbard Mike $ - $ - $ - $ 1,000.00 $ 1,000.00 16 Harimoto Breene $ - $ - $ - $ - 10 Ihara, Jr. Les $ - $ - $ - $ 500.00 $ 500.00 4 Inouye Lorraine $ 250.00 $ 250.00 $ 500.00 $ 500.00 1 Kahele Kai $ - $ - $ - $ - 3 Kanuha Dru $ 500.00 $ 250.00 $ 750.00 $ 750.00 5 Keith-Agaran Keith $ 250.00 $ 250.00 $ 250.00 $ 750.00 $ 500.00 $ 1,250.00 24 Keohokalole Jarrett $ 500.00 $ 250.00 $ 750.00 $ 750.00 18 Kidani Michelle $ - $ - $ - $ - 14 Kim Donna Mercado $ - $ - $ - $ 500.00 $ 500.00 8 Kouchi Ron $ 300.00 $ 300.00 $ 600.00 $ 1,000.00 $ 1,600.00 12 Moriwaki Sharon $ 500.00 $ - $ 500.00 $ 500.00 17 Nishihara Clarence $ - $ - $ - $ - 13 Rhoads Karl $ - $ - $ - $ 500.00 $ 500.00 23 Riviere Gil $ - $ - $ - $ - 2 Ruderman Russell $ - $ - $ - $ - open Retiring 21 Shimabukuro Maile $ - $ - $ - $ - 11 Taniguchi Brian $ 250.00 $ - $ 250.00 $ 500.00 $ 750.00 25 Thielen Laura $ - $ - $ - $ - Retiring 15 Wakai Glenn $ 500.00 $ - $ - $ 500.00 $ 500.00 $ 1,000.00 open $ 3,550.00 $ 2,800.00 $ 7,750.00 $ 6,500.00 $ 14,250.00 RPAC RECOMMENDATIONS (2020 ELECTION) HOUSE OF REPRESENTATIVES

2019 2020 District: Last: First: Total: Total: CURRENT: RECOMMEND: TOTAL: GET Surcharge 38 Aquino Henry $ 200.00 $ - $ 200.00 $ 500.00 $ 700.00 24 Belatti Della Au $ - $ - $ - $ 1,000.00 $ 1,000.00 22 Brower Tom $ 850.00 $ 1,150.00 $ 2,000.00 $ 2,000.00 41 Cabanilla Rida $ 100.00 $ 100.00 $ 200.00 Open $ 200.00 30 Cachola Romy $ - $ 250.00 $ 250.00 $ 1,250.00 $ 1,500.00 5 Creagan Richard $ 200.00 $ 200.00 $ 400.00 Open $ 400.00 39 Cullen Ty $ 200.00 $ - $ 200.00 $ 800.00 $ 1,000.00 13 DeCoite Lynn $ 150.00 $ 250.00 $ 400.00 $ 1,600.00 $ 2,000.00 Opposed 43 Eli Stacelynn $ 500.00 $ 1,000.00 $ 1,500.00 $ 500.00 $ 2,000.00 44 Gates Cedric $ 150.00 $ 150.00 $ 300.00 $ 500.00 $ 800.00 Opposed 42 Har Sharon $ 250.00 $ - $ 250.00 $ 1,250.00 $ 1,500.00 18 Hashem Mark $ 150.00 $ 150.00 $ 300.00 $ 500.00 $ 800.00 8 Hashimoto Troy $ 500.00 $ 500.00 $ 1,000.00 $ 500.00 $ 1,500.00 Opposed 29 Holt Daniel $ 150.00 $ 150.00 $ 300.00 $ 500.00 $ 800.00 Opposed 32 Ichiyama Linda $ 500.00 $ 500.00 $ 1,000.00 $ 500.00 $ 1,500.00 31 Johanson Aaron Ling $ 500.00 $ 1,000.00 $ 1,500.00 $ 500.00 $ 2,000.00 48 Kitagawa Lisa $ 500.00 $ 1,500.00 $ 2,000.00 $ 2,000.00 Opposed 19 Kobayashi Bertrand $ 200.00 $ - $ 200.00 $ 500.00 $ 700.00 23 Kobayashi Dale $ - $ - $ - $ 500.00 $ 500.00 33 Kong Sam $ 500.00 $ - $ 500.00 $ 500.00 $ 1,000.00 51 Lee Chris $ - $ - $ - Open $ - 6 Lowen Nicole $ 200.00 $ 200.00 $ 400.00 $ 1,000.00 $ 1,400.00 Opposed 25 Luke Sylvia $ 500.00 $ 1,000.00 $ 1,500.00 $ 500.00 $ 2,000.00 49 Matayoshi Scot $ 500.00 $ 500.00 $ 1,000.00 $ - $ 1,000.00 45 Matsumoto Lauren $ 100.00 $ - $ 100.00 $ 500.00 $ 600.00 Opposed 40 McDermott Bob $ 100.00 $ - $ 100.00 $ 1,400.00 $ 1,500.00 Opposed 10 McKelvey Angus $ 200.00 $ - $ 200.00 $ 500.00 $ 700.00 28 Mizuno John $ 200.00 $ 200.00 $ 400.00 $ 500.00 $ 900.00 16 Morikawa Dee $ - $ - $ - $ 500.00 $ 500.00 14 Nakamura Nadine $ 200.00 $ 200.00 $ 400.00 $ 500.00 $ 900.00 1 Nakashima Mark $ 200.00 $ - $ 200.00 $ 500.00 $ 700.00 21 Nishimoto Scott $ 500.00 $ 500.00 $ 1,000.00 $ 500.00 $ 1,500.00 27 Ohno Takashi $ - $ 200.00 $ 200.00 $ 500.00 $ 700.00 36 Okimoto Val $ - $ - $ - $ 1,500.00 $ 1,500.00 3 Onishi Richard $ - $ - $ - $ 500.00 $ 500.00 46 Perusso Amy $ - $ 100.00 $ 100.00 $ - $ 100.00 47 Quinlan Sean $ 100.00 $ 100.00 $ 200.00 $ 500.00 $ 700.00 Opposed 26 Saiki Scott $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 2,000.00 4 San Buenaventura Joy $ - $ - $ - Open $ - 20 Say Calvin $ 200.00 $ 200.00 $ 400.00 Open $ 400.00 34 Takayama Gregg $ 200.00 $ 200.00 $ 400.00 $ 500.00 $ 900.00 35 Takumi Roy $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 2,000.00 7 Tarnas David $ 100.00 $ 500.00 $ 600.00 $ 500.00 $ 1,100.00 50 Thielen Cynthia $ - $ - $ - Open $ - 2 Todd Chris $ 150.00 $ 150.00 $ 300.00 $ 500.00 $ 800.00 Opposed 15 Tokioka James $ 100.00 $ - $ 100.00 $ 500.00 $ 600.00 17 Ward Gene $ 200.00 $ 200.00 $ 400.00 $ 1,000.00 $ 1,400.00 Opposed 11 Wildberger Tina $ - $ 150.00 $ 150.00 $ 150.00 $ 300.00 RPAC RECOMMENDATIONS (2020 ELECTION) HOUSE OF REPRESENTATIVES

9 Woodson Justin $ 200.00 $ 200.00 $ 400.00 $ 500.00 $ 900.00 37 Yamane Ryan $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 2,000.00 12 Yamashita Kyle $ 100.00 $ 100.00 $ 200.00 $ 1,300.00 $ 1,500.00 $ 12,650.00 $ 14,600.00 $ 27,250.00 $ 25,750.00 $ 53,000.00 Open HOUSE District Last First Recommended 41 (Cabanilla) LoPresti Matt $ 500.00 5 (Creagan) Open 51 (Lee) Marten Lisa $ 1,000.00 4 (San Buenaventura) Ilagan Greggor $ 2,000.00 20 (Say) Ishibashi Jay $ 1,000.00 50 (Thielen) Branco Patrick $ 2,000.00

Open SENATE District 2 (Ruderman) San Buenaventura Joy $ 1,000.00 25 (L. Thielen) Lee Chris $ 1,000.00

Other Senate Race 19 (Fevella) Cabanilla Arakawa Rida $ 3,800.00 Report Committee Name: Hawai‘i REALTORS® Young Professional Network Committee Reports to: HAWAI‘I ASSOCIATION OF REALTORS® Chief Executive Officer

Date: July 23, 2020

Mission Statement: Connecting, empowering and engaging young real estate professionals.

Supporting REALTORS® by giving them the tools and encouragement to become involved in three core areas: real estate industry, community and REALTOR® Associations.

Committee Members: Chair Kamalani Duerksen, Vice Chair Troy Krill, Immediate Past Chair Kanani Ching, Olivia Schubert, Troy Krill, Christina Appleby, Sharon Gibson, Jaime Moniz, Alina Spatariu, Sara Fox, Rich Wu, Kyle Nishiyama and Trey Livingston. Ex-Officio: President Jack Legal and Liaison Rachel Ball Phillips. Staff Liaison: Aron Espinueva.

Meetings (since last report): May 6, 2020; June 3, 2020; July 1, 2020

1. Action Item(s)

2. Report Items

In-person events and activities have been postponed indefinitely.

Honolulu Board of REALTORS® (“HBR”) YPN of O‘ahu

YPN of Oahu have been meeting via Zoom or communicating via mass text. Regional meetings are also held through Zoom every week.

Also, they held a 3 Speaker Zoom event with Trivia Questions and Sponsors time between each speaker. Attendees dressed in costume. It was following by music from a DJ.

They are using this time to also update their governing documents.

Hawai‘i Island REALTORS® (“HIR”) YPN

HIR holds YPN Zoom meetings. Increased Committee to 8 members. HIR hosts a Virtual Coffee Hour for REALTORS® on Monday. YPN held a YPN Coffee Hour via zoom for seasoned brokers to provide YPN with perspectives on past real estate challenges and recessions. They also have a presence at New Member Orientations to promote YPN.

1

Kauai Board of REALTORS® (“KBR”) YPN

The KBR August 15th Habitat Build Day is still on. They will find out if the Oktoberfest fundraiser for Habitat is still on at a later date.

Additionally, for the Maheloha Tree Decoration event, while they are meeting to determine whether it will happen, but there may be an opportunity to do the decorations but the tree lighting ceremony may not happen.

KBR YPN would like to utilize its HAR Event sponsorship to provide juices to first responders. YPN and KBR Board members will be dropping off juices at first stations, police stations, and hospitals, due to physical distancing rules.

REALTORS Association of Maui (RAM) YPN

RAM YPN held its Top Producer panel through Zoom. RAM YPN is discussing whether next technology panel event will be held either virtual or in-person pending guidelines. YPN to host GAD Jason Economou for an advocacy meeting in-person in August pending guidelines.

West Hawai‘i Association of REALTORS® (“WHAR”) YPN

WHAR YPN at its April meeting shared podcasts and books. At the May Zoom meeting, it was discussed to wait to do the top producer panel in-person in June pending government order. From there, it will also like to do a Back to School Bash, RPAC awareness event and REALTOR® Action Day.

WHAR YPN has found success by assigning members of its YPN Committee to different roles, such as Events, Membership etc. Kyle Nishiyama serves as HAR PR Committee Vice Chair and will provide updates to YPN on REALTOR® Action Day.

NAR YPN Advance The YPN Chair discussed how valuable the YPN Leadership Retreat was. The Retreat will be held virtually.

RPAC The YPN discussed that YPN was awarded $250 because it reached 100% RPAC Committee participation in 2019. The YPN will discuss in more detail via e-mail.

A motion was made and carried to use the award from reaching 100% RPAC participation from HAR to donate to a charity in John Harris’ honor.

For more information, please visit: https://www.hawaiirealtors.com/resources/resources-volunteer (then click, YPN)

2

Honolulu Board of REALTORS®

1136 12th Avenue, Suite 200 • Honolulu, HI 96816-3796 • TEL: 808.732.3000 • FAX: 808.732.8732 • www.hicentral.com

AE Report – July 2020 2020 Board of Directors

President Tricia Nekota, R Membership ABR, BPOR, CRS, SRES . Membership Report as of June 2020. Our membership reflects: President-Elect 6,391 R/RA members, 242 Affiliates – total of 6,633 Shannon M. Heaven, R o ABR, AHWD, CRS, GRI, MRP, SFR o 41 New and 13 Reinstating R/RA members – total of 54

Secretary . Derek C. Lau, R Education CRS, RSPS, SFR, SRES, e-PRO Beginning May 2020, free and discounted online CE webinars are being offered to

Immediate Past President HBR members. Class offerings include free Code of Ethics classes, with most CE Jenny L. Brady, R classes offered at $5/credit. CRB, CRS

Directors . Virtual Events Our annual Town Hall meetings Shannon P. Among, RA o Regional Town Hall Meetings (May 2020): SRS with each of our six regions. Topics included: COVID-19 Updates,

Erin Cooper, R Professionalism and REALTORS® Care Grant Awards and Campaign . CRS, SRES, e-PRO Candidate Town Hall Series (July 2020): Candidates running for City Lorraine M. Fukumae, R o CRS, GRI, e-PRO Council Districts, Honolulu Mayor, and Prosecuting Attorney shared their positions and answered questions about issues relevant to the REALTOR® Fran Gendrano, R ABR, AHWD, GRI, SRES community and housing on Oahu. We also completed a Voter Guide which we will promote along with the videos of our candidate interviews to share Patrick T. Graham, R ABR, CRS, SFR, SRS with members starting July 21 when ballots are being mailed.

Barbie Y. Hee, R AHWD, CIPS, CRB, CRS, GRI, o Summer General Membership Meeting (June 15-19, 2020): SRES, e-PRO Approximately 400 members and affiliates registered for the Virtual GMM

Joshua Horita, R Event. Members were able to join the Morning Mix and Mingle networking AHWD, BPOR, SFR opportunities and GMM Pau Hana each day.

Kevin K. Inn, RA CRB, SFR Virtual GMM educational sessions offered helpful and timely information.

Duke Kimhan, R Topics included: technology, social media, PPP/EIDL, cyber security, ABR, AHWD, BPOR, CRS, CRS, economic recovery, lending, property management and tenant assistance, GRI, RENE and sustaining your business. GMM culminated with innovation keynote Chad M. Takesue, R speaker Duncan Wardle, former Head of Innovation and Creativity at Disney.

Aaron Tangonan, RA CRS Lastly, we spontaneously raised funds to pay off a Hawaii Community Lending loan for a teacher who had previously been the beneficiary of our REALTORS® Fran Villarmia-Kahawai, R CRS, GRI, MRP Care Fund grant. We also raised an additional $28,000 for our REALTORS® Care Fund. Lael Wheeler, R CRB

Chief Executive Officer Suzanne Young

REALTOR® is a registered collective membership mark that may be used only by real estate. Professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics.

REALTOR® Cares Campaign

Hawaii Food Bank HBR, in partnership with the Kawakami Family Foundation, is proud to announce a matching campaign to purchase 100,000 meals for Hawaii families. Every dollar donated by members during the campaign will be matched by the Kawakami Family Foundation. Our goal? To raise $40,000 total, equaling 100,000 meals!

REALTORS® Care Fund Through the generous donations by the HBR members, HBR donated $60,000 to the following charities:

. Catholic Charities Hawaii . Hawaiian Community Assets . Domestic Violence Action Center

HBR Survey: Rentals and Property Management

HBR conducted a Flash Survey: Rentals and Property Management from June 17-22. 186 useable responses were received from HBR members. This is the 3rd consecutive month for the survey which we started in April to monitor rental activity via our property managers.

Survey found that 37% of tenants were not able to pay rent in the month of June because of the COVID-19 pandemic, while more than 40% said they had tenants who asked for a payment plan or for a discount or rent reduction. Survey also found that 45% of tents will not be able to pay rent for the month of July.

REALTOR® respondents were also given the opportunity to highlight any other issues they’ve experienced with tenants, owners, or rental assistance due to COVID-19.

Submitted by, Suzanne Young, CEO

Kauai Board of REALTORS® 4359 Kukui Grove Street #103 Lihue, HI 96766 Phone: 808.245.4049 Fax: 808.246.0409 E-mail: [email protected]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

July 13, 2020

TO: HAR Association Executives

FROM: Karen Ono, Executive Officer

One simple word sums it up it …… WOW!

Like all of you, this year started off as a normal year and bam, COVID hit the “world” and everything went upside down.

Although we have seen a number of major disasters and crisis on Kauai, COVID tops it all. With everything in shutdown, and misinformation flying all around us, a shuffle had to be made immediately. How was the Association going to open safely and how do we provide programs, products and services that are members want, need and deserve as REALTORS?

Communication became a necessity. Delivery had to be instantaneous and dependability on the available broadband. We instantly implemented a weekly Wednesday Bulletin that was electronically sent to the members with links to the most current information. The homepage of the website contained all the information that was being changed daily. Life was different.

Other than West Hawaii REALTORS, the KBR staff was back in the office by June 1, 2020 with some adjustments to the schedule. Today although we are open, the sign remains “CLOSED” to the public. CE is now being offered via ZOOM as well as the Committee Meetings.

Membership is up to 600 from the March count of 586.

The KBR GAC committee continues to monitor and submit testimony on the proposed Housing Policy. KBR maintains our position opposing the proposed mandates of a 2 to 1 construction of affordable units to each hotel/resort room; exemption on affordable housing requirements within the Urban Core or Walkable Communities (Lihue, Kalaheo, Koloa); Increasing the county residential buy back period from 20 years to 50 years; and removing the 140% AMI retaining the 80, 100, and 120% AMI. KBR submitted testimony in April, May and June and obtained the NAR Land Use Initiative Review in March 2020. It’s been a tough road. I am enclosing an article recently written by the Housing Policy Chair and Housing Director.

Education has been rough and straining on staff. Classes are now limited in size with the delivery via ZOOM. Marion Haller is scheduled to start offering the Strategies courses for our new members and CE credits. Other CE offerings are being presented by Beth Holiday and Kimo Stone.

The second PB/BIC forum, which we now open to the Membership via ZOOM will be held on July 23, 2020 with Andrew Nguyen who will provide a brief update on the HAR Standard Forms as well as the HAR Legal Kokua Hotline and Kim Hester will present on the County of Kauai Real Property Tax Exemptions and the new Real Property Tax Website.

Dr. Chip Fletcher, Dean at the University of Hawaii has been invited to be our guest speaker on Tuesday, August 11th starting 9:30 a.m. – 11:00 a.m. on “Climate Change: You Haven’t Been Told the Whole Story”. Topics will include the “greenhouse effect; food chain; water crisis; global military concerns; and creating a life boat community in Hawaii” for our Summer Educational event.

KBR has partnered with Kukui Grove Shopping Center and other businesses to provide financial support to purchase School Supplies for needy families. Supplies will be distributed at the Kukui Grove Shopping Center.

The Kauai Board of REALTORS and the Honolulu Board of REALTORS are assisting UHERO in obtaining rental property statistical information.

Hawaii Information Services in partnership with the Kauai Board of REALTORS; Hawaii Island REALTORS; and the West Hawaii Association of REALTORS are in discussions to host a Technology Mini Conference with Nobu Hata and other guest speakers.

Give and take needed on affordable- housing bill

Sunday, July 12, 2020, 12:05 a.m. Upon its anticipated passage in the next couple months, Council Bill 2774 will bring forward a much-needed update to our County’s Housing Policy, which has provided very little new workforce housing or affordable housing for those folks who make too much money to qualify for federally-subsidized housing but not enough to afford market-rate housing.

A work in progress since last summer and first appearing on the council’s agenda in January of this year, Bill 2774 is a package of 30 or so proposed amendments. Of these, two-thirds are non- substantive, including housekeeping or grammatical changes, as well as relocating language or removing duplicative language.

As the council’s Housing &Intergovernmental Relations Committee chair, I took on the responsibility of seeing that a bill would get drafted and introduced. Knowing that it would be the most-important bill that we’d work on this term, I asked Council Chair Arryl Kaneshiro to co-sponsor.

After a few planning discussions last fall between the two of us, the mayor and a few others from his administration, the bill was drafted by the County Housing Agency director. The bill was drafted based on those discussions, on goals and strategies from the 2018 Kaua‘i County General Plan and on the Workforce Housing Nexus and Financial Feasibility Analysis.

Although prior year’s efforts had resulted in the commissioning of that study, there had been no bills put before council for consideration. Because of that, instead of reinstating the housing task force from the prior council under the leadership of the then-Housing Committee chair, I decided to put our draft bill before the council for full consideration in our legislative process.

My thinking was that the public deliberation of the bill could happen simultaneously with us doing further outreach and getting input from stakeholders and the public.

Prior to the bill’s first reading in late January of this year, we sent a letter and draft of the bill to all the folks who served on the housing task force in the past, asking for their input, inviting their testimony and offering to meet.

To quickly recap the scheduling of the bill so far, we had first reading on Jan. 29, public hearing on Feb. 19, and committee meetings on Feb. 26, April 8, May 6 and July 8. All of these meetings were noticed and open to the public. Because of the COVID-19 pandemic, testimony was received by email, telephone and over Microsoft Teams instead of in-person. Some of the larger gaps between the committee meetings were at the request of stakeholders who wanted more time to review the bill and meet with us. My goal was always to work on the bill slowly in committee while continuing to do outreach so that we could garner support for the bill over time. We received testimony from several stakeholders. However, there are also many we haven’t yet heard from. We remain available to them.

As for testimony from individuals, last week we got a flood of over 100 emails, almost entirely against the bill. This was not unexpected because of the newspaper’s “Other Voices” opinion piece on Sunday, July 5, which expressed many inaccurate and misleading statements regarding the bill.

Most notably were claims that the bill would “exempt developers from the need to build affordable housing for an entire decade,” and that “every location on the island where a developer builds 10 residential units or more per acre none will need to be sold at affordable rates.”

These are the facts about some of the substantial proposed amendments: 1) The proposed design-districts exemption is limited to multi-family projects developed in Lihu‘e, Koloa and Kalaheo’s special planning areas, where there is a significant demand for housing;

2) The proposed special zoning exemption is limited to R-10-zoned lands, which are almost nearly all located in the greater Lihu‘e area.

Note: After my amendment passed last week, we now have a proposed price limit of 120% AMI (annual median income), which guarantees that 100% of projects that utilize these exemptions will be affordable. While we’re still cleaning up the language in this proposed amendment, I’m confident it will retain this affordable guarantee. I’ve asked the housing director to look at possibly renaming these “partial exemptions” to what they really are, which are “multi-family workforce housing special assessments;”

3) The term of affordability for housing developed under the policy is proposed to be increased from 20 years to 50 years;

4) The definition of “workforce housing” is narrowed to those making 120% AMI or less, rather than 140% AMI or less. For reference, a three-bedroom home at 140% AMI is $645,000. That pricing more or less has been what homes have been selling for in the market. We are lowering this because we don’t need to incentivize developers at that level or price. This will also net us more of our 30% assessed workforce units at the levels of 120% AMI, 100% AMI and 80% AMI

5) An alternative proposal is in the works for resort developments that will allow them the following options when it comes to meeting their workforce housing assessment: a) A 50% workforce housing assessment, or; b) Conduct an independent analysis that may result in a workforce-housing assessment of less than 50% for consideration by the housing agency. However, the resulting workforce assessment shall not be lower than 35%.

This bill includes many proposed amendments. They are all intended to improve and update the housing policy to support the building of affordable homes and rentals that we so desperately need for our people.

To affordable-housing advocates, surely there are amendments in this bill you don’t support. But, I’m hopeful there are other amendments that you do support, like the one that increases the term of affordability from 20 years to 50 years, or the one that removes “140% AMI or less” from the “workforce housing” definition. Please be willing to give up a little for the greater good of our local families needing affordable housing.

Contractors, developers and Realtors, there may be amendments in this bill you don’t support, but I’m hopeful there are other amendments that you do support, like the one that provides a multi-family, workforce-housing special assessment for special zoning and design districts. Again, please be willing to give up a little for the greater good of our local families needing affordable housing.

This bill is neither a giveaway to developers nor a giving in to the housing advocates. It is a complex, careful and thoughtful attempt to incentivize the building of the hundreds and thousands of affordable units we need. It’s a bill that, following our General Plan and community plans, incentivizes that building activity in our town-core areas supporting the likes of rental- apartment complexes where units are priced below market value.

We’ve been working on Bill 2774 since late January, and I expect we’ll be working on it for a few months more. The bill we be heard again in committee on Wednesday, July 22, and probably every couple weeks until we complete our work. We invite you to engage with us and learn about the facts of the bill. And, we’d love to hear from you on ways to make the bill better. Please send your testimony to us at: [email protected]. Mahalo.

••• KipuKai Kuali‘i is a member of the County Council and chair of the Housing &Intergovernmental Relations Committee.

441 Ala Makani Place Kahului, Maui, HI 96732-3507

Phone: 808-873-8585 ~ Fax: 808-871-8911 Direct Line: 808-270-4602 E-mail: [email protected]

RAM Report to HAR AEC – July 21, 2020

Membership – 1,718 REALTORS® (591 BROKERS, 1,127 Salespeople), 109 Affiliates

Education – We are currently offering a robust schedule of CE courses through Zoom. We do not plan to host live classes at least through the summer. Our first Core B class is scheduled for Tuesday, June 14. Registration has been solid for our Zoom classes.

RAM Governance Task Force – The Task Force continues to meet and formalize the recommendation we’ll present to the Board. The Task Force is currently reviewing all of RAM’s governing documents before passing them on to Elizabeth Mendenhall, who will be molding all of our current documents into one cohesive Policies and Procedures manual. Mike O’Malley reviewed the by-laws, and Walter Clur, a local Accountant and REALTOR, is reviewing the Financial Policies.

Candidate Interviews – Instead of our usual Speed Candidating with the candidates for Maui County Council, we are doing Zoom interviews with candidates this year. Registration is open for those sessions, and we are getting some good traction with the registration so far. Our GAD has done a great job of finding ways to move all of our candidate work online. All 9 Council seats are being contested.

RAM Caravan Task Force – A task force has been formed to review how RAM handles Caravans. There has been some conflict amongst the Affiliates about the fairness of the Caravan process, so we are taking a closer look at it. Currently, 3 Affiliate companies handle the Caravans on a regular basis, and RAM has very little to do with the process. The Task Force will decide if RAM needs to take a more active role in Caravan.

Chief Staff Executive Search Task Force – President Mike Trotto has selected President-Elect Joe Hogin to head the task force that will search for a new Chief Staff Executive at RAM. Currently, the task force consists of Joe Hogin, Lisa Oyama and Rachel Ball Phillips. That group will be presented to the Board of Directors for final approval.

RAM Board Elections – The slate has been sent to members for this year’s RAM Board elections. Keone Ball is running unopposed for President Elect. The positions of Treasurer-Elect, Secretary, Board Member at Large and Regional Representatives are all contested positions. Balloting will open on Thursday, July 23, and ends at noon on Friday, August 7.

RAM Office - RAM Staff are all back in the office on a full time basis. We are still restricting member and guest access to the public areas, and we have restrictions on how many people can be in each room. Anyone visiting the office must wear a mask, use hand sanitizer, and refrain from visiting the staff area of the office. We will continue to monitor the situation and make changes to our procedures as the situation dictates.

RAM AEC Report 1-28-20 /doc 1 of 2

441 Ala Makani Place Kahului, Maui, HI 96732-3507

Phone: 808-873-8585 ~ Fax: 808-871-8911 Direct Line: 808-270-4602 E-mail: [email protected]

New Member Orientation – Our Membership Manager did a great job of building a virtual program for our New Member Orientation, and we will use that online program until we can safely present it live again. New members are given the web address for the site, and must complete all sections of the orientation. There is a Zoom segment that completes the orientation.

Thank you – Finally, I want to thank everyone for being such great teammates during my time at RAM. I will miss you all, and I hope we continue to meet up at NAR meetings once we can gather together in person again. Please stay in touch.

Sincerely,

David Belew Chief Staff Executive

RAM AEC Report 1-28-20 /doc 2 of 2