Happy February!

In this edition of The Title Rep Round Up, I'm bringing you a bouquet of market insights and valuable resources to help you navigate this market. As always, me and my team are here to serve as your trusted title partner, offering personalized guidance and unparalleled expertise. I am invested in your success and have so many tools and resources to help you grow your business. Reach out today and let's grab coffee or lunch.

Strong Spring Selling Season Predicted

Buyers are ready to start putting themselves back in the real estate market and we predict a strong selling season on the horizon! New listings rose 96.3% month over month. However, while this number is encouraging, keep in mind that December is traditionally when we see the lowest inventory, making this number slightly skewed. When compared to January of 2023, new listings still rose 16.4%, a more accurate reading.

Closed listings were down 21.7% month over month, but this number lags by a month and reflects homes that sold in January and went under contract in December.

Staying informed in today's market is key for effective seller and buyer strategies.

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Industry Hot Topic: How To Calculate Prorated Property Taxes

Using Mill Levy and Assessed Value

Have you ever wondered how we come up with the prorated property tax amount you see on a settlement statement? In section 16.1 on the contract to buy and sell real estate, there are two options when determining the proration calculation for property taxes. In most cases, we typically see the second option checked for “Most Recent Mill Levy and Most Recent Assessed Valuation”. Being able to calculate these taxes can help both your sellers and buyers. The assessed value of a property and the county Mill Levy can all be found on the county assessor page by searching the property address, PIN or parcel number.

Marketing Tips and Tools

Share Your Listing's Journey On Social

If you aren't marketing your new listing on social, it's time to start! Capture a huge audience for free by posting our social bundle to Instagram and Facebook through every stage of your listing's journey! Let us handle the design work so you can focus on getting your listing under contract.

The Social Media Bundle Includes:

1 Just Listed Image
1 Open House Image
1 Just Sold Image

Our team of graphic designers will work to ensure your brand is cohesive throughout all three images to elevate the professional appeal. Get the bundle for your next listing for just $15.00!

Interested? Email MarketingSupport@FirstIntegrityTitle.com with your logo, professional headshot and any brand guidelines you would like us to adhere to.

Upcoming February Classes

As always, we strive to provide you value through everything we offer! We have a variety of informative and relevant classes throughout the year, so sign up today!

Military and Veterans Housing Certification Course (MVHC)

Wednesday, February 14th

8:00 AM to 3:00 PM

Presented by Sean Selters of VAREP

First Integrity Title DTC Office

4600 S Ulster St - Blue Spruce Room

Denver, CO 80237

7 CE for Colorado Agents | $99 Per Person

2024 Redline Contracts and Forms Webinar

Thursday, February 15th

10:00 AM to 12:00 PM

Presented by Beth Anne Demeter of A+ Real Estate School

2 CE for Colorado Agents | $20 Per Person

Agent YouTube & Video Workshop: Mastering Real Estate Content Creation Course

Thursday, February 15th

11:00 AM to 4:00 PM

Presented by the Colorado Mortgage Team

8510 S Oak Cir - Conference Room

Littleton, CO 80127

0 CE | No Cost

ELEVATION Presents: Fix & Flip Live On-Site Class

Thursday, February 16th

10:00 AM to 12:00 PM

Presented by ELEVATION Invest

1642 Zenobia St

Denver, CO 80204

0 CE | No Cost

FirstIntegrityAgent ONE Webinar

Thursday, February 22nd

10:00 AM to 10:45 AM

Presented by Michael Pyburn of PalmAgent

0 CE | No Cost

The Loan Process (Behind the Scenes) Webinar

Wednesday, February 28th

10:00 AM to 1:00 PM

Presented by Todd Pazol of Supreme Lending

3 CE for Colorado Agents | No Cost

2024 Annual Commission Update Course Webinar

Thursday, March 7th

10:00 AM to 2:00 PM

Presented by Beth Anne Demeter of A+ Real Estate School

4 CE for Colorado Agents | $40 Per Person

ELEVATION Academy Full Day Fix & Flip Training

Friday, March 22nd

8:30 AM to 4:30 PM

Presented by ELEVATION Invest

Thrive Workspace

9200 E Mineral Ave

Centennial, CO 80011

0 CE | $997 Per Person

Visit Our Website For The Full List of Upcoming Classes

Kate Murphy | Senior Account Manager | 720-351-4408 | KMurphy@FirstIntegrityTitle.com