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SMDRA WEEKLY NEWS & EVENTS • MARCH 15, 2024
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FROM 5280 MAGAZINE:
The 25 Best Denver Neighborhoods in 2023
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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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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!
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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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ZOOM Water Law of Colorado Brokers
Mar 20 - 9am to 1pm
Members Free / $60 Others
4 CE Credits
Instructor: Doug Barber
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IN-PERSON Under -standing Title & Relation to Contract
Mar 20 - 2pm to 4pm
Members Free / $30 Others
2 CE Credits
Instructor: G Stettler, S Wolf
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ZOOM NAR Code
of Ethics
Mar 21 - 9am to 12pm
Members Free / $45 Others
3 CE Credits
Instructor: Doug Emmerich
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ZOOM Canva Workshop Intermediate
Mar 21 - 1pm to 2pm
Members Free / $20 Others
0 CE Credits
Instructor: Lisa Suazo
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ZOOM Tax Reduction Strategies Webinar
Mar 26 - 10am to 12:30pm
Members Free / $20 Others
0 CE Credits
Instructor: Maine Shafer
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ZOOM Renting vs. Owning: A Personal Finance Analysis
Mar 26 - 2pm to 4pm
Members Free / $30 Others
2 CE Credits
Instructor: Brady Mullen
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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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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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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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SMDRA Affiliate Meet and
Greet Orientation
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DATE: Thursday, March 28, 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 Connections and Cocktails Member Networking Event
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DATE: Thursday, March 28, 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: Karen Hyman with 2-10 Home Warranty
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April Town Hall Talks:
Topic: Insurance Issues Facing Colorado Homeowners
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DATE: Friday, April 5, 2024
TIME: 8:30am to 9:30am – Doors Open at 8:15am
TOPIC: March Monthly SMDRA General Membership Meeting - Insurance Issues Facing Colorado Homeowners
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 April Insurance Issues Facing Colorado Homeowners. We will be hosting Bryan Bernier, CEO of the Professional Independent Insurance Agents of Colorado (PIIAC) discussing the various issues facing Colorado Home Owners with regards to Home Owners Insurance and companies leaving the state.
DONUT SPONSOR: Hank McClellan with
JDog Hauling and Junk Removal
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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 February 2024
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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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Racal Minority Groups Increased Their Homeownership Rates While Still Facing Significant Homebuying Challenges
Asian & Hispanic Homeownership
Rates Reached All-Time Highs
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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Housing Pipeline Begins to Fill
as Sellers Step-Off the Sideline
Colorado Association of REALTORS
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New listings continued to fill the housing pipeline as the spring selling season ramps up and sellers step off the sidelines, 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.
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Access Shared Listings
with IntraMatrix
REcolorado
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When you log into Matrix, you can access even more listings with your REcolorado subscription! REcolorado is sharing access to listing data with other MLSs across the country through CoreLogic’s IntraMatrix, a Matrix feature that allows brokers to access and search listings from participating MLS's.
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ADUS are Permitted
in Arapahoe County
Nick Bokone, SMDRA's Public Affairs and Outreach Consultant and NAR
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At the March 8th SMDRA Government Affairs Committee Meeting, Arapahoe County Commissioner Jeff Baker highlighted the fact that Accessory Dwelling Units (ADUs) are permitted in unincorporated Arapahoe County. CLICK HERE for more information.
ADUs – separate basement living quarters, garage apartments, etc are viewed in the metro area and around the county as at least one small possible solution to the need for more affordable housing. Commission Baker noted that, while these regulations took effect last September, the word is still getting out that ADUS are permitted in unincorporated areas of the county. In cities within the county, local land use codes and ordinances take precedence. But, this is an example of Arapahoe County trying different methods to increase housing stock at reasonable prices.
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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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ALWAYS BE AWARE OF YOUR surroundings when meeting a client or arriving at a showing. Never walk into an unfamiliar area when texting or looking down. Keep your head up and stay alert.
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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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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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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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