Inside the WRA


 November 11, 2019
Inside the WRA

WRA Holiday Hours

The WRA Thanksgiving holiday hours are as follows:

  • Thursday, November 28: Closed
  • Friday, November 29: Closed

Enjoy your pumpkin pie! The WRA wishes all of our members a very happy and safe Thanksgiving. Regula business hours resume on Monday, December 2.

Additional office closures surrounding future holidays are as follows:

  • Tuesday, December 24: Closed
  • Wednesday, December 25: Closed
  • Tuesday, December 31: Closed
  • Wednesday, January 1: Closed

Updated WB-11 Now Available

The 2020 version of the WB-11 Residential Offer to Purchase is now available. The optional use date wa November 1, 2019, and the mandatory use date is January 1, 2020.

The 2020 form differs from the previous form in many ways, and you can learn about the form modification in the new 23-part LegalTalks video series. Twenty-three short videos, hosted by WRA staff atorneys, highlight each section of the WB-11 that has been updated or is new in the 2020 version. You don’t have to watch all 23 videos; instead, simply watch the video(s) you find mos relevant. In just a few short minutes, you learn about a new provision or a revised contingency.

Watch now: www.wra.org/WB11changes

WRA Releases Economic Report

The impact of construction and real estate services on state GDP, personal income and employment is very large and spread widely across the state, second only to manufacturing in its impact on the state’s economy. However, construction employment in the state has declined since 2001, and new construction is failing to provide adequate shelter for residents and productive workplaces for employers relative to the nation as a whole.

The WRA‚Äôs newest special report, ‚ÄúThe Impact of Real Estate on Wisconsin‚Äôs Economy,‚ÄĚ authored by Dr. Eppli, the director of the Graaskamp Center for Real Estate at the UW-Madison School of Business, explores these impacts in detail. See the full report at www.wra.org/EconomicReport.

Upcoming Key Dates

  • Broker Summit in Milwaukee: December 12, 2019
  • Revised WB-11 Mandatory Use Date: January 1, 2020 (optional use date: November 1, 2019)
  • Winter Convention in Lac du Flambeau: January 28-29, 2020
  • Destination CE in Las Vegas: February 17-19, 2020
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