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SMDRA WEEKLY NEWS & EVENTS • AUGUST 26, 2022
Interested in advertising in our newsletter? Download the current rate sheet for information.
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Creative Ways to Get Through the Inventory Shortage |
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Low inventory has been an ongoing issue for the housing market, especially since 2008. The lack of new construction and investment has caused an estimated housing shortage of around 5.5 million houses since 2001. This, along with the decreasing affordability of houses, is creating a challenging issue for real estate agents and brokerages as they work to close deals among competitive offers. |
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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 GRI 106: Ethics & Professional Practice
Aug 30 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Jack O'Connor
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IN-PERSON New REALTOR Member Orientation
Aug 30 - 1:30pm to 3:30pm
Free for Everyone
0 CE Credits
Instructor: SMDRA Staff
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IN-PERSON Reverse Mortgage for REALTORS
Sep 1 - 10am to 12pm
Members Free / $20 Others
2 CE Credits
Instructor: Monica Fullmer
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ZOOM Elevate Your Online Marketing
Sep 1 - 1pm to 2pm
Members Free / $20 Others
0 CE Credits
Instructor: Lisa Suazo
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ZOOM Inflation and Real Estate
Sep 6 - 9am to 12pm
Members Free / $40 Others
3 CE Credits
Instructor: Josh Cadillac
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IN-PERSON 2022 Annual Comm. Update
Sep 7 - 12pm to 4pm
Members Free / $50 Others
4 CE Credits
Instructor: Doug Emmerich
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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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2022 Real Estate Market Shift
Adjust Your Business Strategies
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Are you adjusting your business strategies with the shifting real estate market? Re-thinking your business plan and adjusting to the buyer's or seller's changing needs and expectations is just one way to capture business. Learn how to improve your productivity in a changing market with eight areas of business strategies to master. |
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Do You Need to Up
Your Social Media Game?
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Take your social media skills to the next level with upcoming classes from SMDRA! Visit the SMDRA Online Calendar at bit.ly/SMDRA-Calendar
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Accredited Buyer's Representative (ABR) Designation Course |
DATE: Wed & Thu, September 21&22, 2022
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
ZOOM: Zoom Format
INSTRUCTOR: Mickey Sanders
SESSION INFORMATION: The Accredited Buyer’s Representative (ABR®) designation is for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home-buying process. By earning the ABR® designation, you gain access to valuable real estate education that elevates your skills and knowledge in the eyes of home buyers, ongoing specialized information, programs, and updates that keep you knowledgeable on the issues and trends facing home buyers, access to members-only publications, as well as marketing tools and resources.
The goal of the two-day ABR® Designation Core Course is to establish a foundation of training, skills, and resources to help real estate profess-ionals succeed as a buyer's representative.
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Pricing Strategy Advisor (PSA) Certification |
DATE: Wednesday, October 24, 2022
TIME: 9:00am to 4:30pm
COST: $99 Members / $129 Others
FORMAT: In-Person at SMDRA
INSTRUCTOR: Steve Olson
SESSION INFORMATION: 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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Seller Representative Specialist (SRS) Designation |
DATE: Tue & Wed, November 15&16, 2022
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
FORMAT: On-Line Zoom Format
INSTRUCTOR: Mickey Sanders
SESSION INFORMATION: 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.
Students learn to:
- Increase listings and grow their business
- Demonstrate and communicate their value package to seller clients
- Understand and apply the Code of Ethics & Standards of Practice
- Understand and comply with state license laws when representing sellers
- Understand and apply methods, tools, and techniques to provide support and services that sellers want and need
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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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NO FRIDAY FUZE
Due to Labor Day Holiday
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DATE: Friday, September 2, 2022
TIME: 8:30am-9:30am
TOPIC: No Friday Fuze Meeting
DESCRIPTION: In observance of the Labor Day Holiday there will be NO FRIDAY FUZE on Friday, September 2, 2022!
Join us for Connections & Cocktails on THURSDAY, SEPTEMBER 8, 2022 from 4:00pm to 6:00pm at SMDRA.
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Labor Day Holiday Office Closure |
DATE: Monday, September 5, 2022
TIME: All Day
TOPIC: SMDRA Office Holiday Closure
DESCRIPTION: In observance of the Labor Day Holiday the SMDRA Office will be CLOSED, Monday, September 5, 2022 - All Day.
The SMDRA Office will re-open on Tuesday, September 6, 2022 at 8:30am for regular business hours.
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REALTOR Appreciation
Breakfast and Vendor Fair
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DATE: Tuesday, September 13, 2022
TIME: 7:45am-12:00pm
TOPIC: The Great Rate Rise
SPEAKER: Elliott Eisenberg,
The Bowtie Economist
COST: REALTOR Members are Free,
$400 – Vendor Table, $45 for additional Vendor Affiliate Tickets
$55 – Non-Members
DESCRIPTION: Join us for a morning with Elliot Eisenberg, “The Bowtie Economist” who promises to entertain and educate as he discusses the short-term and longer-term health of the US economy. Dr. Eisenberg will discuss the most recent statistics on key topics such as the condition of the current economic recovery, household spending, the health of the labor market, inflation, future Federal Reserve policy, and of course housing. In particular, housing starts, new housing sales, pending and existing sales, mortgage rates, the durability of the current recovery and much more! He will close by looking at conditions in Denver, and economic conditions across the nation and will focusing on key trends. After his prepared remarks, and time permitting, he looks forward to taking questions from the audience.
EVENT SPONSORS:
SMDRA Strategic Partners
5280 Home, REcolorado, SentriLock
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Affiliate Industry Partner
Meet and Greet Orientation
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DATE: Friday, Sept. 16, 2022
TIME: 10:00am – 11:30am
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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Business After Hours - Texas Holdem Tournament, Supporting SMDRA's YPN SOCKtober Fest Sock Donation Event |
DATE: Thursday, September 22, 2022
TIME: 4:00pm-7:00pm
TOPIC: Business After Hours-TX Holdem Tournament & SOCKtober Fest
AMOUNT: Free for Members, $20 Non-Members
DESCRIPTION: Join us for a SMDRA Business After Hours Event – A Texas Holdem Tournament! SMDRA is the best place network and socialize with Members and test out your Card Shark skills!
We will have Colorado Casino Nights facilitate our Texas Holdem Tournament, while you enjoy food and drinks, so be sure to bring along your best poker face, for an evening of fun with friends!
This October, SMDRA’s YPN is hosting a charity sock donation event, SOCKtober. Homelessness numbers in Denver are at an all-time high. We will be collecting pairs of socks for a donation to our local Salvation Army shelters, to show that even a small act of love, such as donating a pair of socks, can make a big difference in the lives of our neighbors who are homeless. To support this charity, we are requesting you bring a minimum of one package of new socks, to gain entrance to this event
BUSINESS AFTER HOURS SPONSOR:
Equity Title of Colorado
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SMDRA's YPN SOCKtober Fest Sock Donation Event |
DATES: July 15th - October 3rd
TOPIC: SOCKtober Fest
DESCRIPTION: SMDRA’s YPN is hosting a charity sock donation event, SOCKtober. Homelessness numbers in Denver are at an all-time high. We will be collecting pairs of socks for a donation to our local Salvation Army shelters, to show that even a small act of love, such as donating a pair of socks, can make a big difference in the lives of our neighbors who are homeless.
Please bring new sock of all sizes – kids and adults, in original packaging to the SMDRA Office Drop-Off Location – Monday through Friday, 8:30am to 5:00pm.
South Metro Denver REALTOR Association
6436 S. Racine Circle, Centennial, CO 80111
For more information about the SMDRA YPN SOCKtober Event Contact:
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for July 2022 |
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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DOWNLOAD These Fliers
to Show Credibility
National Association of REALTORS®
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Promote your unique value to consumers with these one-pagers from That’s Who We R covering how you do what you do.
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Metro Area Inventory
Up 50%, Prices Stay Firm
Colorado Association of REALTORS®
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The metro area experienced a 50% increase in active listings and a 72% increase in single-family home inventory for July 2021. There was a slight decrease in the median sale price to $723,750 in July 2022 from June 2022, which was $750,000. |
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Use Listing Metrics to Track
Online Marketing
REcolorado Blog
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Listing Metrics is an exclusive tool, included with your REcolorado subscription at no extra cost. It gives you valuable information, including a number of views, shares, saves, and inquiries your listing is getting from REcolorado Matrix, Matrix Client Portals, the REcolorado App and from REcolorado.com.
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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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INTRODUCING...
The 2022-23 SMDRA
Member Benefits Guide
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From the brand-new REALTOR® member who could use some guidance and support in all things real estate, to a seasoned veteran who is searching for ways to take their business to the next level, we’ve got you covered! Come see all the benefits you have at your fingertips to make your business soar!
Take a LOOK at how SMDRA Membership...
• Saves you $$
• Gives you marketing tools
• Helps keep you safe
• Is all about your business
• And some very cool extras!
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RPAC VICTORIES: How Your Investment Helps Your Business |
DID YOU KNOW - RPAC is nationally recognized as one of the most non-partisan political action committees in the country. We are the REALTOR® Party, supporting issues and candidates that strengthen the American Dream of home ownership.
DID YOU KNOW - RPAC works to seek short term rental regulations that preserve the character of local neighborhoods while not unfairly restricting the rights of private property owners.
DID YOU KNOW - RPAC works to resist burdensome real estate sign ordinances that restrict the ability to effectively market properties.
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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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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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