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SMDRA WEEKLY NEWS & EVENTS • FEBRUARY 23, 2024 |
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FROM SMDRA PLATINUM CORPORATE SPONSOR STERLING RANCH:
Sterling Ranch New Homes Preview
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Get to know Sterling Ranch, ranked the best-selling master-planned community in Colorado and #39th in the nation. With nine acclaimed home builders and 70+ home designs starting from the high $400s, Sterling Ranch offers your buyers limitless opportunities to find their next home. |
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SMDRA classes are offered IN-PERSON and on the ZOOM ONLINE platform in a live, online, instructor led format. Be sure to note where each class is held. Visit smdra.com for details.
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IN-PERSON GRI 106: Ethics & Prof. Practice
Feb 27 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Jack O'Connor
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IN-PERSON New Member Orientation
Feb 27 - 2pm to 3:30pm
Members Free
0 CE Credits
Instructor: SMDRA Staff
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ZOOM 2024 Contract/ Form Changes
Feb 28 - 10am to 12pm
Members Free / $30 Others
2 CE Credits
Instructor: Doug Emmerich
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IN-PERSON Broker Compensation Changes
Feb 28 - 1pm to 4pm
Members Free / $45 Others
3 CE Credits
Instructor: Larry McGee
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ZOOM NAR
Code of Ethics
Feb 29 - 1pm to 4pm
Members Free / $45 Others
3 CE Credits
Instructor: Tod Franklin
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IN-PERSON Contracts 101 Line by Line
Mar 5 - 1pm to 4pm
Members Free / $45 Others
3 CE Credits
Instructor: Donna Evins
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FREE EDUCATION FOR SMDRA MEMBERS!
ALL CLASSES except designations and certifications are FREE for SMDRA members.
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UPCOMING DESIGNATIONS & CERTIFICATIONS |
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Seller Representative Specialist
SRS Designation
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DATE: Wed & Thu, March 6&7, 2024
TIME: 9:00am to 5:00pm
COST: $195 Members / $215 Others
FORMAT: Zoom Online Format
CE CREDITS: 14
INSTRUCTOR: Mickey Sanders
DESCRIPTION: The Seller Representative Specialist (SRS) designation, recognized by the National Association of REALTORS®, is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. SRS is a global community of REALTORS® who use their ideas and expertise to professionally and ethically represent sellers. To learn more about the SRS designation and the requirements, click here.
Topics covered include:
- Developing your value proposition and crafting your message
- Prospecting tactics & tools to generate business
- How to effectively prepare for the listing appointment and meeting with the seller
- Tools and strategies to market the listing
- Understanding different offers and the presentation of offers
- Understanding and application of the Code of Ethics
- Tools and techniques providing support and services the seller wants and needs.
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Accredited Buyer's Representative (ABR) Designation |
DATE: Wed & Thu, March 27&28, 2024
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
FORMAT: Zoom Online Format
CE CREDITS: 12
INSTRUCTOR: Rich Sands
DESCRIPTION: If you are working with buyers be sure to take advantage of any resources and educational opportunities that will help you better represent them. And what better way to start than with a designation that was specifically designed to help you help buyers? Your buyers will thank you!
Earning an Accredited Buyer's Representative (ABR®) designation may be just the thing you need to stake your claim as a local real estate market expert and give you an edge over your competition.
Reasons to Earn Your ABR®:
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Build your credibility. When you focus your real estate business on one type of customer, the homebuyer, you gain a reputation as the local expert for homebuyers in your community.
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Build a referral network in your local market. You can build a referral network among listing agents by becoming an ABR®. They see you as an ally and not a competitor. Homebuyers view you as having the "inside scoop" on the available housing inventory because of your referral network.
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Become a buyer's advocate. Become your client's advocate by using your skills to search for homes beyond traditional MLS services and opening a wider range of options for your clients
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Real Estate Negotiation Expert - RENE Certification |
DATE: Wed & Thu, April 24&25, 2024
TIME: 9:00am to 5:00pm
COST: $195 Members / $215 Others
FORMAT: Zoom Online Format
CE CREDITS: 14
INSTRUCTOR: Rich Sands
DESCRIPTION: The Real Estate Negotiation Expert (RENE) certification is for real estate professionals who want to sharpen their negotiation skills. The RENE certification program gives Realtors® the tips and tools they need to be skillful advocates for their clients. This two day, interactive experience will help negotiators elevate their game. The course examines all types of negotiation formats and methods so that today's negotiators can play the game to win. A full spectrum of tips, tools, techniques, and advantages are provided so that negotiators can provide effective results for their clients. The second day of the course will focus on real-world field scenarios to help negotiators apply the power tools, techniques and tactics learned on the day one. Understanding the tactics and techniques is one thing, but learning how to recognize them and using them effectively requires practice.
Day 1: The Power Negotiator’s Playbook
Day 2: Advanced Field Negotiations
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SUPPORT THOSE WHO SUPPORT YOU!
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This edition of the SMDRA Weekly Newsletter is made possible by the following businesses: |
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“Member Dues dollars do not pay for SMDRA Events – these are paid for
by sponsorships from your Affiliate and Industry Business Partners.
Please thank them by using their services to support our Association."
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March Town Hall Talks -
Topic: Legislative Update
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DATE: Friday, March 1, 2024
TIME: 8:30am to 9:30am – Doors Open at 8:15am
TOPIC: March Monthly SMDRA General Membership Meeting / Legislative Update
SESSION INFORMATION: Town Hall Talks are the first Friday of every month. This will be a general SMDRA membership meeting, similar to Friday Fuze and Marketing Meetings of the past. An opportunity to catch up on what’s happening at SMDRA, a brief informational presentation, property marketing, buyers and sellers needs, networking with fellow SMDRA members and OF COURSE DONUTS!
The topic for March, will be a Legislative Update with Nick Bokone, SMDRA's Pubic Affairs and Outreach Consultant.
DONUT SPONSOR:
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International Women's Day Panel |
DATE: Friday, March 8, 2024
TIME: 11:00am-1:00pm
TOPIC: International Women's Day Panel
Moderated by Women's Council of REALTOR - Mile High Chapter
LOCATION: SMDRA Event Center
SESSION INFORMATION: Join us Fri, Mar 08, 2024 in Collaboration with the South Metro Denver REALTOR® Association for our 3rd Annual gathering as we celebrate women's achievements as professionals.
This year's panel of women vary in experiences and insights but all have one thing in common. Saying "YES" to what scared them, launching them into the next level of success. This event offers a unique opportunity to learn from their stories and gain valuable advice.
Whether you're a professional, an entrepreneur, or simply interested in women's empowerment, this panel discussion promises to be engaging and thought-provoking. Don't miss out on the chance to connect with like-minded individuals and celebrate the achievements of women.
Your ticket includes lunch, gifts, a welcoming community of peers, and and opportunity to leave full of motivation and excitement!
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SMDRA Affiliate Meet and
Greet Orientation
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DATE: Thursday, March 14, 2024
TIME: 2:30am – 3:30pm
SPEAKERS: SMDRA Staff & Affiliate Committee
TOPIC: Benefits of Affiliate Membership – Get Connected!
SESSION INFORMATION: The SMDRA Affiliate Committee wants to help you get the most out of your Affiliate Membership.
This is an opportunity to learn about the ins and outs of the SMDRA Affiliate Program and how to get connected, to maximize your SMDRA membership.
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March Power Lunch:
Broker Compensation Changes and Selling Your Value
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DATE: Tuesday, March 19, 2024
TIME: 11:00am-11:20am – Lunch and Networking
11:20 Welcome Announcements & Sponsor
11:30am-1:30pm – Program
TOPIC: Broker Compensation Changes and Selling Your Value
LOCATION: SMDRA Event Center
SPEAKER: Larry McGee, CRB - Certified Real Estate Brokerage Manager, CRS - Certified Residential Specialist, REALTOR®
CE CREDIT: 2
SESSION INFORMATION: In this class, you will learn about the antitrust laws, current litigation and how these may affect the way we do business. You will learn how to demonstrate your value, define the change, and best explain it to the consumer/client.
POWER LUNCH SPONSOR:
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2024 Diamond Circle Awards & Charity Silent Auction |
DATE: Friday, April 19, 2024
TIME: 5:30pm-10:00pm
Cocktails & Silent Auction: 5:30pm to 7:00pm
Dinner & Awards: 7:00pm to 9:30pm
Winner Photos: 9:30 to 10:00pm
LOCATION: Hyatt Regency DTC
7800 E Tufts Ave, Denver, CO 80237
303-779-1234
EMCEE: Scott Peterson
COME CELEBRATE YOU! Don’t miss the biggest event of the year as we honor the top producers in the South Metro Denver REALTOR® Association.
We will be awarding the prestigious Diamond Circle Club status to all of the REALTORS® whose pursuit of excellence has placed them above and beyond their peers. REALTORS® who are putting in the work, redefining brilliance, and excellence in real estate. This event recognizes REALTORS® for their accomplishment of outstanding levels of production in real estate transactions during the calendar year of January 1, 2023 to December 31, 2023.
INTERESTED IN BECOMING A SPONSOR?
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for January 2024 |
CLICK THE IMAGE to visit the Housing Market Trends and Statistics Resources page on the SMDRA website for the latest statistics resources.
Click the button below to download the latest statistic files.
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Racial Minority Groups Increased Their Homeownership Rates
While Still Facing Significant Homebuying Challenges
National Association of REALTORS®
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Homeownership rates for racial minorities increased in 2022, with Asian and Hispanic Americans achieving historic peaks.2 Despite these advancements, disparities persist among racial and ethnic groups, notably with Black homeownership lagging. People of color continue to endure significant buying challenges throughout and after their home purchases, according to a report released today by the National Association of Realtors®. |
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House Sellers Re-Engaged in January and Buyers Responded
Conditions Set the Stage for a
Busy, Competitive Spring
Colorado Association of REALTORS
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With the turn of the calendar and a dip in interest rates improving both attitude and buying power, sellers re-engaged, and buyers responded, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons across the state. The near immediate reaction from both sides of the transaction leaves REALTORS® feeling optimistic about the spring housing season as a spark for the year ahead. |
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NeighborhoodIntel How to Videos
REcolorado
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Watch all of the how-to videos in the playlist above, or use the icon in the upper right-hand corner of the video player to view a list of available views. |
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Construction Defects to
Remedy Construction Defects
Nick Bokone, SMDRA's Public Affairs and Outreach Consultant and NAR
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Sponsors: Sen. Zenzinger, Sen. Coleman, and Rep. Bird
We are working in support of this bill along with other like-minded organizations through a coalition, Homeowner Opportunity Alliance. This bill will help to increase the supply, quality, and accessibility of affordable housing units and create more opportunities for Coloradans to build wealth through homeownership. This bill will:
• Right-to-remedy – If a construction professional is notified of a defect claim, this provision gives the property owner the choice to either have the original contractor make the repair, or work with the contractor to find someone acceptable to perform the remedial work. If there are problems with the remedial work, they can determine how to proceed with the entity responsible for providing the remedial work.
• Informed consent – This consumer protection provision ensures the disclosures required in statute are honored and that homeowners receive their disclosures prior to providing their written consent to litigate a construction defect claim by a homeowner’s association, and it requires consent of 67% of the actual unit owners prior to pursuing litigation. This threshold is consistent with every other required vote under the Colorado Common Interest Ownership Act (CCIOA) to encumber common elements or to repair or replace common elements. Additionally, the provision requires homeowner’s associations to retain notices, and if a notice of claim changes, they are required to again inform homeowners and receive their consent.
• Negligence per se – Under current law, claims often contain technical code violations that do not harm the performance of a home or affect its structural integrity, functionality, or create a health and safety issue. In this provision, no claims for negligence can be asserted for noncompliance with technical code violations, unless those violations cause actual damages to real or personal property within a home or complex, cause bodily harm or wrongful death, or an imminent and unreasonable threat to life.
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SUPPORT THOSE WHO SUPPORT YOU!
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This edition of the SMDRA Weekly Newsletter is made possible by our Platinum Corporate Sponsors: |
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AVOID LISTING A PROPERTY as "vacant" as it could be an open invitation to criminals.
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SMDRA REALTOR Member
Benefit - Forewarn!
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SMDRA is thrilled to announce a COMPLIMENTARY proactive safety and lead intelligence service for all SMDRA REALTOR Members!
Quickly becoming the industry standard for safety and prospect intelligence, FOREWARN is a revolutionary application that allows agents to have instant due diligence on prospects. In seconds, with as little information as a phone number or name, SMDRA REALTOR Members can verify a prospect’s identity, criminal records, bankruptcies, liens, judgments, address history and property records all in one place, leading to safer and more productive interactions.
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SMDRA Event & Meeting Rentals |
Are you looking for a venue to:
- Host your company's annual meeting?
- Have your holiday party or event?
- Teach an educational class for your employees?
- Hold a wedding celebration?
- Or a place to just meet, whatever your reason might be!
- SMDRA Member discount available
The South Metro Denver REALTOR® Association's Event Center, Lobby, Patio, Legacy Room, Board Room and Training Room are available for day, evening and weekend rentals. Contact us today for rental rates and space availability
Email Susan Cooper at susan@smdra.com for questions and additional information.
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SENTRILOCK @ YOUR SERVICE |
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SentriLock Resources
at Your Fingertips!
SentriLock®
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Did you know there a HUGE LIBRARY of information right at your finger tips for all things SentriLock? Here's a few links to check out:
For Lockbox Support:
513-618-5800
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Need HELP with Your
SentriLock Lockboxes?
Call the SMDRA Office at 303-797-3700
WE CAN HELP TOO!
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CORPORATE SPONSORS & PARTNERS |
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Interested in advertising in our newsletter?
DOWNLOAD the current SMDRA Scoop Rate Sheet for information!
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