Vail REALTORS® Weekly Update is a free member resource sent each week  with the latest VBR News!

In This Issue
Message from Mark Bergman
Best of the Blogs
VBR Education
VBR MLS Training
Sentrilock Training
Quickly Access Your Recent Searches.
Commission and Division of Real Estate Sunset Update
Affiliate Spotlight- Colorado Coating Company
SAVE THE DATE AND 
REGISTER TODAY
VBR General 
Membership Meeting

Wednesday, March 29th
8:00am-11:00am
EagleVail Pavilion 

Meeting Schedule:
*Breakfast & Affiliate Expo
*Board of Directors Updates
Special Speakers:
*FLIRTIN' WITH DISASTER: YOUR "LIMITED LICENSE TO PRACTICE LAW" by 
Scott Peterson General Counsel from  the Colorado 
Association of Realtors®

*Update from the Department of Regulatory Agencies (DORA) by Marcia Waters 
Division of Real Estate

Receive 1 CE credit for
 attending this meeting. 

CLICK HERE to register.
Congratulations to our New Members for January
Click Here  to see our Newest REALTORS® & 
Affiliate Members
Broadcast Email 

VBR Affiliate List
To find a trusted industry related partner check out the 
Vail Pro Designation
Who is it for?
The Vail Pro is an education program created for Vail Board of Realtors® members who wants to increase their local knowledge of the real estate industry to become a local expert. 

Click here to see more information & full class schedule.
Education Reminders

J anuary 1st began a new NAR Code of Ethics training cycle. The cycle is now two years. Every Realtor® must complete 2.5 hours of Code of Ethics (COE) training between now and December 31, 2018. 

Managing Brokers a new 3 year cycle has just begun which you must complete a Procuring Cause class to maintain your VBR membership. 
You have until December 31, 2019 to complete this class
 
Click here to read more about requirements.
Education Quick Links

(1 Available Course)

(0 Available Course)



Online Class Options:


 
 
Designation Quick Links


Board of Directors
VBR Staff Directory
Association Executive
VMLS Director
Education & Marketing Director 
Membership & Office Coordinator 
VBR Support Lines
MLS Rapattoni Help Line: 
Phone: 866-730-7114 
 
MLS Touch App:
Phone: 888-765-9223

Tech Helpline: 
Phone: 866-619-8170

Sentrilock Support:  
Phone: 877-736-8745
Member Benefits Guide
REALFire.net
Join Our List
HOME Magazine 
From the Desk of Mark Bergman
Association  Executive 
Nine months ago we converted to the Sentrilock electronic lockbox system. The conversion proceeded much as anticipated. During the first three months we answered a lot of questions and offered extra training. Someplace around September the number of questions dropped off notably. We still offer drop in classes twice a month. Please take advantage of these classes if we may be of assistance. A very small percentage (1.4%) of you have experienced lockboxes failing prematurely. Some lockboxes have presented with dead batteries. SentriLock has issued a firmware upgrade that is supposed to reduce or eliminate premature battery failure. Your lockboxes that are assigned to listings will be updated automatically, over time, as your listings are shown. However, it may take several showings to complete an update. We suggest you manually update your unassigned lockboxes. Instructions here Each update will take 15-20 minutes on a good wifi or cellular connection (yes it uses cellular data so you should try to use wifi). We encourage you to update unassigned lockboxes and swap them out (on listings) as soon as is convenient.
 
Save the Date - The VBR Foundation Golf Tournament is June 8th at Frost Creek. More details very soon.

Mark
BEST OF THE BLOGS
Field Guide to Foreign Investment Real Property Tax Act (FIRPTA)
FIRPTA was enacted in 1980 to address perceived abuses by foreign investors, who, unlike U.S. citizens, were not required to pay capital gains taxes, to create equity of tax treatment between foreign and domestic real estate owners.

An opportunity for development or a scourge on homeownership? Fannie Mae takes step that may fuel single-family rental growth
Fannie Mae agrees to guarantee $1B of debt backed by single-family rentals

Pros and Cons of Joining a Team or Working Alone Real estate can be an inspiring and profitable profession-but as with any business, your
success depends on your ability to make decisions that will profit you.

Prospect Mortgage, Brokerages Ordered to Pay Millions for Illegal Kickback Scheme
Prospect Mortgage, LLC, a major mortgage lender, and two real estate  brokerages have been ordered by the Consumer Financial Protection Bureau  (CFPB) to pay more than $3.5 million in civil penalties and consumer  compensation for participating in an "illegal kickback scheme" for mortgage  business referrals.

It's not a badge of honor to keep your calendar so full that you can't enjoy life. Let's discuss and see if I can change your mind about your scheduling


Voice for Real Estate 61: FHA Premium, Carson, Reverse Mortgages
Voice for Real Estate 61: FHA Premium, Carson, Reverse Mortgages

VBR EDUCATION
February 9th:
2017 CREC Annual Update
All active real estate brokers are required to attend this course each year
The course has important information about current statutes and rules promulgated by the Commission. 
9:00am-1:00pm
Instructor: John Gilliam
$40 Investment
4 CE Credits

February 9th:
Marijuana In Real Estate 
*To understand how the law was created 
* Know the key provisions of the law 
* To be familiar with the ballot language of Amendment 64 
* To gain an understanding of the "Grow Basics" * To be able to explain the Power of 6 
* To apply to new law to Real Estate 
* To be able to appropriately serve with Seller agency 
* To be able to appropriately serve with Buyer Agency 
* To know and inform clients about disclosures pertaining to the new law 
* To gain a practical understanding of how inspections may be impacted under the new law
2:00pm-4:00pm
Instructor: John Gilliam
$25 Investment
2 CE Credits

March 31st:
Inspection & 4 Scary Words- Radon, Mold, Asbestos, & Lead  
Vail Pro Designation Course 
9:00am-11:00am
Instructor: Ron Amass
$10 Investment
2 CE Credits

CLICK HERE to register for more then one class or view all the classes for the year. 
VBR MLS TRAINING  
February 7th  
Customizing Grids & Exports
9:30-10:30

February 22nd  
Statistics
9:30-10:30

Please email Patty Sandoval  ([email protected])  to register for the following MLS training classes.  Please indicate the class(es) you would like to attend in the subject line.  All classes are held at the VBR Office.
SENTRILOCK TRAINING 
February 7th:
1:30pm-3:30pm

February 23rd:
9:00am-11:00am

March 14th:
9:00am-11:00am

March 30th:
1:30pm-3:30pm

**Bring your Smartphone
**How to login to the app, how to open a lockbox with the app, how to assign a property and more.

Please email Patty Sandoval ([email protected]) to register for the following training classes. Please indicate the class(es) you would like to attend in the subject line. All classes are held at the VBR Office.
TECHNOLOGY
Quickly Access Your Recent Searches

The "Recent Searches" feature is helpful when you need to quickly access a previous search. For example, if you ran a search and had to leave for a showing, you can view the search results or search criteria from your previous search without having to re-enter the search criteria or save the search. 

GOVERNMENT AFFAIRS 
Commission and Division of Real Estate Sunset Update

On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies' Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR's comments on the report, explaining that CAR believes the Division and Commission should be continued and continue to regulate licensees.

AFFILIATE SPOTLIGHT
Colorado Coating Company

Colorado Coating Company "CoCo", owner Tim Dundon is no stranger to painting. Tim moved to the Valley from Buffalo New York in 1994.  His intentions were to spread his wings, experience new adventures and meet new people. Tim accomplished all that and more.  Having painted for his family's business throughout his high school and college years, the logical step was to carry on the legacy in Eagle County. Through sports and adventure, he created a strong network consisting of homeowners, builders, property managers and realtors. 
 


 

Vail Board of REALTORS®

Bringing You Home

0275 Main Street, G004

Edwards, CO 81632

(970) 766-1028