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SMDRA WEEKLY NEWS & EVENTS • NOVEMBER 5, 2021
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Zillow Ends iBuying Program
Market ‘Unpredictability’ Forces Zillow Offers to Fold
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Zillow Offers was once one of the largest instant offer firms in the iBuying sector, but the “unpredictability in forecasting home prices” is prompting it to shutter that arm of its business for good. |
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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 Buy Your Dream Home with a Reverse Mortgage
Nov 9 - 2pm to 4pm
Members Free / $20 Others
2 CE Credits
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IN-PERSON GRI 102: Business Planning
Nov 11 - 12pm to 4pm
$50 for Everyone
0 CE Credits
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IN-PERSON What's
It Worth?
Nov 15 - 12pm to 4pm
Members Free / $75 Others
4 CE Credits
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IN-PERSON SRS Seller Representative Specialist Designation
Nov 16&17 - 9am to 4pm
Members $195 / $215 Others
12 CE Credits
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ZOOM GRI 109: International Real Estate
Nov 18 - 12pm to 4pm
$50 for Everyone
4 CE Credits
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ZOOM 2021 Annual Commission Update
Nov 23 - 12pm to 4pm
Members Free / $50Others
4 CE Credits
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UPCOMING DESIGNATIONS & CERTIFICATIONS |
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Seller Representative Specialist (SRS) Certification |
DATE: Tue & Wed, November 16 & 17, 2021
TIME: 9:00am - 4:00pm - Both Days
LOCATION: THIS IS A IN-PERSON CLASS in SMDRA Training Room
INSTRUCTOR: Mickey Sanders
CE CREDITS: 12
COST: $195 for SMDRA Members
$215 for Non-Members
DESCRIPTION: The Seller Representative Specialist (SRS) designation is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. The designation is awarded to real estate practitioners by the Real Estate Business Institute (REBI) who meet specific educational and practical experience criteria.
What You Gain
The SRS Course will redefine your "normal" and reinvent the way you represent sellers. It provides a comprehensive foundation of skill development, training and resources to help real estate professionals represent the interests of sellers in today’s marketplace.
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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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2021 Veteran's Day Lunch Featuring Tracy "JackieO" LaTourrette, Colorado's "First Lady" Fighter Pilot |
DATE: Thursday, November 11, 2021
TIME: Registration & Networking: 11:00-11:30am
Lunch & Program: 11:30am to 1:00pm
TOPIC: Veteran’s Day Luncheon – Tracy ‘JackieO’ LaTourrette – Colorado’s First Lady Fighter Pilot Fight’s On!
SPEAKER: Tracy “JackieO” LaTourrette
SPEAKER BIO: Tracy "JackieO" LaTourrette, Colorado’s “First Lady” fighter pilot and one of the first women in the world to fly fighter aircraft, has flown missions globally as a combat mission-ready F-16 fighter pilot. Tracy graduated along with 88% men from the US Air Force Academy with a coveted appointment from President George H.W. Bush. She entered less than a decade after women commissioned--and graduated before women were even authorized to fly combat aircraft. Lieutenant Colonel LaTourrette retired after 22 years while serving as the Deputy Director of Operations at the Colorado National Guard’s Joint Force Headquarters.
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FRIDAY FUZE IN-PERSON EVENT: Connections & Cocktails |
DATE: Friday, November 12, 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 EVENT: A Denver Metro Profile
of Buyers & Seller with Patty Silverstein
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DATE: Friday, November 19, 2021
TIME: 8:30am-9:30am
TOPIC: A Denver Metro Profile of Buyers and Seller with Patty Silverstein
SPEAKER: Patty Silverstein, President, Development Research Partners
DESCRIPTION: Who lives in the communities you are serving? Why does it matter? What are the expected demographics of your buyers and sellers? Are these population groups increasing or decreasing? Join us for an in-depth look at the people who buy and sell in Denver Metro. Patty will focus on current demographic trends that are impacting residential real estate, such as population by age and ethnicity, income levels, and current migration patterns. This is a must-see session as you develop your business plan for next year.
FRIDAY FUZE SPONSOR:
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IN-PERSON & ZOOM EVENT: SMDRA Reading Circle Book Discussion: Atomic Habits |
DATE: Friday, November 19, 2021
TIME: 10:00 am – 11:30 am
TOPIC: Book discussion: “Atomic Habits” by James Clear
FACILITATOR: Kelley Meyer,
IDe Committee Chair
DESCRIPTION: This is a book discussion, about the book Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones.
All are welcome and warmly invited!
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SMDRA's Annual Holiday
Brunch & Toy Drive - Home for
the Holidays
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DATE: Friday, December 3, 2021
TIME: 9:00am to 1pm, Doors Open at 9:00am
LOCATION: SMDRA Event Center
COST: An unwrapped toy donation
SMDRA is joining forces with the Boys & Girls Clubs of Denver to deliver gifts to children in our community, to brighten their holiday! Bring your holiday cheer and join us for Breakfast, Santa, Mimosas and more!
Bring an Unwrapped Toy or Gift
- Gift Card Ideas - Starbucks, Kohl’s, Target, WalMart, Amazon
- Gift Ideas - Electronics, sports equipment, art supplies, clothes, shoes, new toys, board/video games, books, action figures/dolls, makeup, jewelry, DVDs, etc.
- Age Range – Gifts should be for children ages 6 to 18
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for September 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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3 Tips to Find Listings
in the Current Market
RPR - REALTOR Property Resource
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Well, that was quite a summer real estate market! Huge year over year valuation gains, bidding wars and lower than low levels of inventory. At one point there were even more NAR members than listings!
However, things do appear to be cooling off a bit and leveling out in many areas. But that doesn’t mean that the inventory shortage (and increased competition) is going to just disappear. It will mostly likely be more of a slow fade. Then again, maybe not. Predicting and timing markets is a tricky business, and hardly an exact science.
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FEMA Director to Speak at
NAR About Risk Rating 2.0
Colorado Association of REALTORS®
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The Federal Emergency Management Agency’s Risk Rating 2.0: Equity in Action went into effect on Oct. 2. This new system prices flood insurance for each home individually rather than by flood zone. Jack Greacen, NAR’s Colorado Political Representative, reports that members from across NAR have shared their good and bad anecdotes. NAR has created a number of helpful resources to learn about the new system |
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List Multiple Land Parcels
with Subdividable Listing in REcolorado Matrix
REcolorado Blog
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When listing land for sale, many properties may be eligible to be subdivided into smaller parcels. For example, your seller may have a 500-acre property for sale that can be subdivided into smaller 100-acre lots, which may expand your pool of potential buyers. As the listing agent, you may want to market the full 500-acre property as well as the smaller parcels without having to enter a listing for each option. |
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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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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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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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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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