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SMDRA WEEKLY NEWS & EVENTS • JANUARY 12, 2024
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FROM 5280 MAGAZINE:
Denver Neighborhood Guide
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For years, Denver’s housing market has been hot, hot, hot. And it still is. But, finally, in 2023, we’re seeing median home prices cool a little (at least, in the first half of the year). It’s still a seller’s market, but there’s plenty of inventory for those looking to move around the city or settle in for the first time.
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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 Radon Environmental Issues
Jan 16 - 1:30pm to 3:30pm
Members Free / $30 Others
2 CE Credits
Instructor: Mike Barnhill
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ZOOM GRI 110: Investments & Mgmnt.
Jan 17 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Mike Moger
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IN-PERSON The ABCs of Statistics & Why They Matter
Jan 17 - 10am to 12pm
Members Free / $30 Others
2 CE Credits
Instructor: Stats Committee
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ZOOM NAR Code
of Ethics
Jan 18 - 1pm to 4pm
Members Free / $45 Others
3 CE Credits
Instructors: Ray Sherman
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IN-PERSON 2024 Contract/Form Chngs.
Jan 23 - 1pm to 4pm
Members Free / $45 Others
3 CE Credits
Instructor: Mickey Sanders
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ZOOM GRI 108: Finance in Real Estate
Jan 24 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Kevin Stahle
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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
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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
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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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SMDRA Office Closure:
Martin Luther King Jr. Day
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DATE: Monday, January 15, 2024
TIME: All Day
The SMDRA Office will be closed on Monday, January 15, 2024 in observance of Martin Luther King Jr. Day.
The Office will reopen on Tuesday,
January 16, 2024 at 8:30am
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January Power Lunch:
RPR's 6 Cool Tools to Better
Serve Buyers and Sellers
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DATE: Tuesday, January 16, 2024
TIME: 11:00am-11:20am – Lunch and Networking
11:20 Welcome Announcements & Sponsor
11:30am-1:00pm – Program
SPEAKER: Laurie Register, Director, Industry Relations
SESSION INFORMATION: Please join us for this exclusive members-only dive into the tools you need to better serve buyers and sellers. Our session will cover:
- RPR’s exclusive Realtor Valuation Model® (RVM®).
- Using your market expertise to refine a property’s value.
- Creating an appealing and persuasive CMA.
- Generating one of a dozen RPR reports.
- Learning how to create and share RPR’s new market data.
- And automatically creating content with the new AI writer
POWER LUNCH SPONSOR:
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February Town Hall
Talks Member Meeting
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DATE: Friday, February 2, 2024
TIME: 8:30am to 9:30am – Doors Open at 8:15am
TOPIC: February Monthly SMDRA General Membership Meeting
Diversity with the SMDRA I.D.E.A. Committee
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 February is Diversity with the SMDRA I.D.E.A. Committee.
DONUT SPONSOR:
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February Connections & Cocktails Member Networking Event
Valentine's Day Edition
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DATE: Thursday, February 8, 2024
TIME: 4:00pm to 6:00pm – Doors Open at 3:45pm
TOPIC: Connections & Cocktails Networking
SESSION INFORMATION: Connections and Cocktails is the 2nd Thursday of each month from 4:00pm-6:00pm. Connections & Cocktails is a networking opportunity complete with light appetizers and cocktails. Each session will have a focus to educate members about ways to get involved, make industry connections and of course an opportunity to meet and connect with other SMDRA REALTOR® and Affiliate Industry Partner Members.
CONNECTIONS & COCKTAILS SPONSOR:
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2024 Diamond Circle Awards & Charity Silent Auction
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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 December 2023
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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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NAR's New President: Kevin Sears 'I'm Ready, Able to Lead'
National Association of REALTORS®
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NAR’s new president, who’s stepping in early after the resignation of Tracy Kasper, says he’s prepared to lead the association and its members forward. “We are fully engaged on the legal, business and advocacy challenges that are top priority to you and the clients you serve,” Sears says. Watch his special message to you.
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Upgraded RPR App Launched January 10, 2024!
REALTORS Property Resource - RPR
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Ready to be impressed? Get a grip on the upgraded RPR app, download now! The upgraded RPR app was launched on January 10, 2024 and we couldn’t be more excited for REALTORS® to put it to good use! Follow the link to download the latest!
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New and Improved Showing Options for Agents and Offices
REcolorado
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REcolorado has partnered with the two primary showing services in our market, BrokerBay and ShowingTime, to bring you options to fit your business in 2024.
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State News: Condo Availability/ Affordability Stories Needed
Nick Bokone, SMDRA's Public Affairs and Outreach Consultant
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As the gavel drops on the 2024 Colorado General Assembly regular session, the Colorado Association of REALTORS® along with other interested parties will be working on construction litigation reform – one of the keys to unlocking more condos and other affordable housing stock being built across the state. Colorado is experiencing a housing crisis with a deficit of affordable, attainable, and available housing. This deficit is most acute in the availability of condominiums, arguably the most affordable owner-occupied housing option and a key path to first-time homeownership. Contributing to the condominium shortage are consequences from the Construction Defect Action Reform Act that the Colorado legislature adopted in 2001, which was intended, in part, as a buffer against frivolous lawsuits but was later amended to allow litigation over minor defects and code violations instead of actual damages.
As a result, builders’ liability insurance has spiked, and development of condominiums has ground to a near halt in Colorado. This sequence of events has culminated into a situation where homeowners are inadvertently faced with the negative consequences of costly and time-intensive construction liability lawsuits.
In an effort to collect real world stories about the difficulties of finding condos in Colorado, the Colorado Association of REALTORS® has created an online form for members (and your clients) to share your personal experiences. If you are (or have been) in the market recently for a condominium or are a past or current condo owner affected by construction liability litigation, please answer the questions on this online form.
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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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DURING AN OPEN HOUSE, keep the garage or back door closed to prevent intruders from using multiple entrances, and to be aware of incoming clients.
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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
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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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