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SMDRA WEEKLY NEWS & EVENTS • AUGUST 27, 2021 |
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No Fall Slowdown for 2021?
Economists: Sales Momentum Will Carry Into Fall
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Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the market’s direction considering its unpredictability since the beginning of the pandemic.
For the most part, they agree it won’t be a return to the usual slowing pace of sales in the fall—nor will prices slide to the extent typical of the season as families settle into a new school year.
The fast-spreading delta variant of COVID-19, however, remains a wild card for the housing market.
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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 Accredited Buyer's Representative (ABR) Designation
Sep 1&2 - 9am to 4pm
Members $195 / $215 Others
12 CE Credits
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IN-PERSON 2021 Annual Commission Update
Sep 7 - 12pm to 4pm
Members Free / $50 Others
4 CE Credits
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IN-PERSON NAR Code of Ethics
Sep 8 - 1pm to 4pm
Members Free / $40 Others
3 CE Credits
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IN-PERSON Exterior Home Inspection for RE Professionals
Sep 9 - 2pm to 4pm
Members Free / $20 Others
2 CE Credits
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IN-PERSON GRI 106: Ethics & Professional Practice (New Member)
Sep 14 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
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IN-PERSON New REALTOR Member Orientation
Sep 14 - 1:30pm to 3:30pm
Free for Everyone
0 CE Credits
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UPCOMING DESIGNATIONS & CERTIFICATIONS |
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Accredited Buyer's Representative (ABR) Designation |
DATE: Wed & Thu, September 1&2, 2021
TIME: 9:00am - 4:00pm Both Days
LOCATION: THIS IS A IN-PERSON CLASS in SMDRA Training Room
INSTRUCTOR: Rich Sands
COST: $195 for SMDRA Members
$215 for Non-Members
DESCRIPTION: The overall goals of the ABR® Designation Course are to:
- Prepare real estate professionals to thoroughly represent buyer-clients in real estate transactions and provide the quality of service and degree of fidelity to buyers that sellers have customarily enjoyed.
- Offer ideas and methods for building a buyer-representation business.
- Develop a self-customized tool for conducting a buyer counseling session.
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Pricing Strategy Advisor (PSA) Certification |
DATE: Tue, September 28, 2021
TIME: 9:00am - 4:00pm
LOCATION: THIS IS A IN-PERSON CLASS in SMDRA Training Room
INSTRUCTOR: Steve Olson
COST: $99 for SMDRA Members
$129 for Non-Members
DESCRIPTION: The Pricing Strategy Advisor (PSA) certification is specifically designed to 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.
- The purpose and benefits of CMAs, and how to guide clients through them
- Terminology of pricing and valuation
- The Code of Ethics as it relates to pricing
- How to identify appropriate comparables, and where to find information about them
- The role of supply and demand in pricing
- How to adjust comparables
- Specific challenges and special situations in making adjustments
- How to work with appraisers
- How to hone your pricing skills and practices
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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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FRIDAY FUZE IN-PERSON EVENT: Business After Hours Networking Event |
DATE: Friday, September 10, 2021
TIME: 4:00pm to 6:00pm
LOCATION: THIS IS AN IN-PERSON EVENT in SMDRA Event Center and Patio
DESCRIPTION: This Friday Fuze is not your typical Friday Fuze you are used to. This Friday will be starting at a very different time then members are used to, it will be SMDRA’s version of a happy hour and be a networking type of event. There will be no formal speaker etc.
FRIDAY FUZE SPONSOR:
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FRIDAY FUZE IN-PERSON & ZOOM HYBRID EVENT: Success on the Streets Panel Discussion:
YPN Leaders in Community & Production Share Their Top 3 REALTOR Success Tips
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DATE: Friday, September 17, 2021
TIME: 8:30am to 9:30am,
Doors Open 8:00am
LOCATION: THIS IS A IN-PERSON/ZOOM HYBRID EVENT in SMDRA Event Center
SPEAKERS: Brian Anzur, Moderator, Panel Members, Shelby Foster, Irving Gomez, Dr. Chad Nash, Jenna Walton, Kelsea Imanuel and Andrea Price-Valenzuela
DESCRIPTION: Success on the Streets – YPN leaders in community and production share their top three REALTOR® success tips, PLUS: Two questions many of you have as you navigate this crazy market:
- What is the secret to success in these uncertain & extremely volatile times?
- How to maintain balance between career and leisure?
Get exclusive proven strategies and tips to help you kick-start your real estate career or give it a good kick-in-the pants refresh, narrated by SMDRA’s Chair, Brian Anzur. Featuring the talents and sage advice of NAR’s 30-under-30 winners Shelby Foster and Irving Gomez; SMDRA’s 4-under-40 REALTOR® recipients Dr. Chad Nash and Jenna Walton and the SMDRA YPN Committee Chair, Kelsea Imanuel; and Government Affairs Committee Chair, Andrea Price-Valenzuela.
FRIDAY FUZE SPONSOR:
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Bowloween - 2021 SMDRA
Bowling Tournament
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DATE: Thursday, October 14, 2021
TIME: 11:00am-4:00pm
LOCATION: Arapahoe Bowling Center – 6850 South Dayton Street, Greenwood Village, CO
COST: $55/Person for Event, Including Bowling
$30/Person for Event, Non-Bowler
Event includes Lunch, Door Prize Drawing Entry, Networking
SCHEDULE: Check-In / Buffet: 11am
Practice Bowling: 11am to 12pm
Tournament Start Time: 12pm
PRIZES INCLUDE: Best Costume Individual & Team
High/Low Male & Female Game & Series
Door Prize Drawings
BE A DOOR PRIZE SPONSOR!
Bring a door prize (minimum value of $25) to the event that will be given away during the tournament. Your name and company will be recognized when the prize is given away. NOTE: Being a Door Prize Sponsor DOES NOT include a ticket to event.
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for July 2021 |
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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REALTORS See Hope for
Eviction Ban to Be Overturned
National Association of REALTORS®
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A federal judge rejected a request from housing groups on Friday to block the Centers for Disease Control and Prevention’s latest eviction moratorium, but the legal fights are far from over.
Led by the Alabama and Georgia associations of REALTORS®, with the National Association of REALTORS®’ support, the plaintiffs are expected to take their case back to appeals court, arguing that the government has overextended its legal authority with a nationwide eviction moratorium that has put housing providers at financial risk.
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Colorado Springs' Zip Code 80916 Holds 2021 Title of 'Hottest Zip Code' in the Nation
Colorado Association of REALTORS®
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REALTOR.com reports that Colorado Springs ZIP code 80916 (on the southeast side) is the nation’s “hottest” market for sales in the entire nation.
The southeast side of the city outranks ZIP codes in Rochester, NY, and Boston, Mass. According to CAR’s July Market Trends Report, the median home price for homes in all of El Paso County is $450,000. In the 80916 ZIP code, the median price is $318,000.
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7 Quick Ways to Help
An Appraiser Help You
REcolorado Blog
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As the listing agent, taking a few minutes up front to verify you’ve entered correct and complete listing details in the MLS can help the appraiser provide an accurate valuation of the home, and bring the transaction process that much closer to the finish line. Additionally, we’ve included a couple of things to keep in mind when closing out the listing so the data can be used for CMAs or other analysis. |
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Submit Your Nominations
for 2021 Annual Awards
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SMDRA will soon select its REALTOR® of the Year, Rising Star, and Affiliate of the Year, award winners. This is your chance to nominate someone for these prestigious awards. Nomination deadline is September 7, 2021. Award winners will be announced at our Annual Inaugural Celebration on Friday, November 5th at the SMDRA Building.
Awards include:
- REALTOR® of the Year
- Affiliate Industry Partner of the Year
- Rising Star
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25 Benefits of SMDRA Membership |
SMDRA strives to create and inspire a strong, active community of REALTORS® and real estate Affiliate Industry Partners in pursuit of success. Our focus is advocacy, education, building community and providing tools and resources to help our members grow their business and thrive.
We are constantly on the lookout for additional ways to add value to your membership here at SMDRA. Recently we have delivered some NEW AMAZING benefits to help keep your business in the know and you safe! We know you have a choice of which Association you will join each year, and we continue to grow and expand the benefits we offer to our members. Be sure to take a look at all the great benefits you have as a SMDRA Member!
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NEW SMDRA REALTOR Member Benefit - Introducing 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.
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Launched in November 2018, the Commitment to Excellence Program sets the standard for what it means to be a professional in the real estate brokerage business. The C2EX endorsement is available only to REALTORS®. It is earned through a self-directed program that enables real estate professionals to assess and build on their competency in each of the core areas. |
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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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SentriLock Service Billing Reminders Sent to Agents
SentriLock®
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List of SentriLock billing reminders and due dates:
A postcard reminder will be sent to unpaid agents on Thursday, April 29, 2021.
The email being sent to the agents on March 23, 2021, April 13, 2021 and April 27, 2021, will read as follows: Your SentriLock fees for 2021 are now due.
Your SentriLock fees total $100.20 are due by Tuesday, May 4, 2021.
Suspend date for non-paying agents is Thursday, May 13, 2021. A reactivation fee will be added to any unpaid bills on this date. The reactivation fee is $58.02.
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CORPORATE SPONSORS & PARTNERS |
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Interested in advertising in our newsletter? Email Us!
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