SMDRA WEEKLY NEWS & EVENTS • JUNE 28, 2024
Update: NAR Settlement FAQs
NAR Settlement Frequently Asked Questions page has been updated. Please follow the link below for the latest information.
SMDRA EDUCATION
HAVE YOU COMPLETED YOUR REQUIRED ETHICS COURSE FOR
THE CURRENT ETHICS CYCLE 2022-2024?
CLICK HERE to check your status, submit your certificate or find a class.

The requirement can be met by taking the course through any
REALTOR® Association, including NAR and CAR and the CE Shop.
Certificates received from any other source WILL NOT be honored!
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.
ZOOM GRI 113: Negotiating
Jul 17 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Rich Sands
IN-PERSON RESure RE Business Management Platform Training
Jul 18 - 10am to 12pm
Members Free / $30 Others
0 CE Credits
Instructor: Jeremy Wallace
ZOOM 2024 Annual Commission Update
Jul 23 - 12pm to 4pm
Members Free / $60 Others
4 CE Credits
Instructor: Debbie Connor
ZOOM NAR Code
of Ethics
Jul 24 - 11am to 2pm
Members Free / $45 Others
3 CE Credits
Instructor: Mickey Sanders
ZOOM GRI 110: Investments & Mgmt.
Jul 25 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Mike Moger
IN-PERSON Creating Value with a Renov. Loan
Aug 1 - 10am to 12pm
Members Free / $20 Others
1 CE Credits
Instructor: Jeff Zinsmeister
FREE EDUCATION FOR SMDRA MEMBERS!
ALL CLASSES except designations and certifications are FREE for SMDRA members.
UPCOMING DESIGNATIONS & CERTIFICATIONS
Accredited Buyer's Representative
ABR Designation Course
DATE: Tues & Wed, September 24&25, 2024
LOCATION: Online Zoom Format
TIME: 9:00am to 4:00pm
COST: FREE for Members / $350 Others
INSTRUCTOR: Mickey Sanders

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!

The ABR® course is the first step toward earning the ABR® designation and focuses on the key information and skills we need today when working with buyers, including how to:
  • Walk buyers through written buyer representation agreements.
  • Advocate for our clients’ best interests throughout the transaction.
  • Articulate their value to the buyer-client.
  • Work with data to complete insightful market analyses.
  • Explain the range of financing options available to clients.
  • Stay on top of emerging trends.
  • Build relationships that carry beyond the closing.
Pricing Strategy Advisor
PSA Certification
DATE: Thursday, October 10, 2024
LOCATION: Online Zoom Format
TIME: 9:00am to 4:30pm
COST: $99 for Members / $129 All Others
INSTRUCTOR: Rich Sands

CLASS DETAILS: The Pricing Strategy Advisor (PSA) certification is specifically designed to enhance your skills on pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values.

Determining property values depends more than ever on professional expertise and competence, the best use of technology, and approaching the pricing assignment from various perspectives. Enhance your skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values with the PSA certification.

The key to competitive home pricing is becoming proficient at comparative market analyses (CMAs). In this class, you will learn how to evaluate the existing real estat market to take the guesswork out of pricing homes. 

You will learn:
  • Determine the market-based value range of a home
  • Compile a CMA report for proper presentation
  • Hone your pricing skills and practices
  • How to work with appraisers
  • How to adjust comparables
  • The purpose and benefits of CMAs and how to guide clients through them
  • How to identify appropriate comparables and where to find the information 
  • Terminology of pricing and valuation
  • The Code of Ethics as it relates to pricing
  • The role of supply and demand in pricing 
  • Specific challenges and special situations in making adjustments
SUPPORT THOSE WHO SUPPORT YOU!
This edition of the SMDRA Weekly Newsletter is made possible by the following businesses:
UPCOMING SMDRA EVENTS
“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."
SMDRA Office Closure:
4th of July Holiday
The SMDRA Office will be closed in observance of the 4th of July holiday. We will be closed all day on Thursday, July 4, 2024.

The SMDRA Office will reopen at 8:30am on Friday, July 5, 2024.
SMDRA YPN 9&Dine Golf Event
DATE: Monday, July 15, 2024
WHERE: The Pinery, 6900 N. Pinery Pkwy., Parker, CO 80134
TIME: 4pm Shotgun Start
COST: $79 for Golf and Dinner,
$40 for Dinner Only

EVENT DETAILS: Join us for an afternoon of fun, networking, golf and food! This event is open to all members & their guests. Your registration fee includes:
  • 9 Holes of Golf
  • Golf Cart
  • 1 Drink Ticket
  • Buffet Dinner
  • NEW THIS YEAR!!! “DINNER ONLY” Guests can enjoy Yard Games, Networking & Appetizers, starting at 5pm. Dinner will begin at 6:30pm
August Town Hall Talks
General Membership Meeting
DATE: Friday, August 2, 2024
TIME: 9:00am to 10:00am –
Doors Open at 8:30am
TOPIC: SMDRA Board of Director Candidate Speeches

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 August presentation will be Speeches by our Candidates running for the 2025 SMDRA Board of Directors.

DONUT SPONSOR:
Marissa Brennan with First American Title
August Connections & Cocktails Member Networking
DATE: Thursday, August 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:
Sean Stokes with U.S. Bank
August Power Lunch:
Meet the Mayors
DATE: Tuesday, August 20, 2024
TIME: 11:00am-11:20am – Lunch and Networking
11:20 Welcome Announcements & Sponsor
11:30am-1:30pm – Program

TOPIC: Meet the Mayors
LOCATION: SMDRA Event Center
SPEAKER: Mayors of Local Cities in the South Denver Metro Area

SESSION INFORMATION: Here’s your opportunity to meet our Mayors from the South Metro Denver area and hear about what’s new in each of their cities. Enjoy a lunch co-sponsored by the REALTOR® Party, your REALTORS® Political Action Committee (RPAC) and SMDRA Corporate Sponsor, while learning about issues that affect our industry

Mayors that will be joining us are:
  • Aurora – Mike Coffman
  • Centennial – Stephanie Piko
  • Cherry Hills Village – Katy Brown
  • Greenwood Village – George Lantz
  • Littleton – Kyle Schlachter
  • Lone Tree – Marissa Harmon
  • Parker – Jeff Toberg

POWER LUNCH SPONSOR:
Karen Hyman with 2-10 Home Buyers Warranty
MARKET TRENDS & STATISTICS
Get the SMDRA Market Trends & Statistics for May 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.
REALTOR REPORT
June is Homeownership Month
National Association of REALTORS®
We are proud of the invaluable role REALTORS® play in helping countless Americans achieve their dreams of becoming property owners. Learn what NAR is doing to create opportunities for future homeowners and access Homeownership Month resources like our toolkit to promote the month and our ongoing advocacy work to help more families achieve their homeownership dreams.
New Listings Outpace
Sales in Most Markets
Colorado Association of REALTORS
Local markets experiencing varying degrees of increases in inventory paired with a slowed spring market; entry-level buyers unequivocally priced out due to compounding affordability challenges
RentSpree: Quick & Easy Tenant Screening via Matrix for Rental Listings
REcolorado
Brokers representing rental listings can use the RentSpree Online Tenant Screening to easily generate application links through our Matrix integration. The rental application and tenant screening solution is free for agents to use.
ADVOCACY UPDATES
SUPPORT THOSE WHO SUPPORT YOU!
This edition of the SMDRA Weekly Newsletter is made possible by our Platinum Corporate Sponsors:
SMDRA STORIES
SMDRA REALTOR Member
Benefit - Forewarn!
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. 
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.
REALTOR Safety Tips
MAKE SURE YOUR CAR KEYS ARE on a separate ring from your house and office keys. If you misplace a set of keys, you won't lose all of them.

Learn more at www.NAR.realtor/safety
SENTRILOCK @ YOUR SERVICE
IMPORTANT UPDATE:
ShowingTimes and BrokerBay are NO LONGER Generating Access Codes for SentriLock Boxes
SentriLock®
In case you didn't know, ShowingTimes and BrokerBay are NO LONGER generating access codes for SentriLock boxes. Download our helpful Frequently Asked Questions document for instruction and helpful videos, on how to generate codes for property access.

Need HELP with Your
SentriLock Lockboxes?

Call the SMDRA Office at 303-797-3700
WE CAN HELP TOO!
JUST FOR YOU!
CORPORATE SPONSORS & PARTNERS
Interested in advertising in our newsletter?
DOWNLOAD the current SMDRA Scoop Rate Sheet for information!
Follow Us Online