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SMDRA WEEKLY NEWS & EVENTS • MAY 6, 2022
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FROM 5280 HOME: 13 Tips for Buyers
Navigating Denver’s Real Estate Market
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With sellers once again in the driver’s seat due to historically low inventory and continued high demand, we put together a road map for would-be buyers searching for their perfect—or, at least, almost perfect—home. |
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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 GRI 104: Intro
to Single Family Construction
May 10 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Doug Barber
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IN-PERSON Twelve Systems Every Home Inspection Must Have
May 11 - 1pm to 3pm
Members Free / $30 Others
1 CE Credits
Instructor: Jim Lampe
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IN-PERSON Contract to Buy/Sell - Line By Line
May 12 - 9am to 12pm
Members Free / $40 Others
3 CE Credits
Instructor: Mickey Sanders
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IN-PERSON GRI 106: Ethics & Professional Practice
May 17 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Jack O'Connor
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IN-PERSON New REALTOR Member Orientation
May 17 - 1:30pm to 3:30pm
Free for Everyone
0 CE Credits
Instructor: SMDRA Staff
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ZOOM Cryptocurrency and It's Impact on
Real Estate
May 18 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Josh Cadillac
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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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CRS Creating Listing Abundance |
DATE: Wednesday, June 1, 2022
TIME: 8:30am to 5:00pm
COST: $149 Members / $169 Others
IN-PERSON: In-Person Class at SMDRA
INSTRUCTOR: Rich Sands
SESSION INFORMATION: Creating Listing Abundance provides the knowledge and tools needed to develop and sharpen your listing and pricing systems and strategies. Some of the topics in this fast-paced, information-rich course include the listing mindset, sources of listing business, the listing appointment and presentation, and handling the competition.
You will Learn How to:
- Develop a listing mindset focused on market knowledge, self-awareness, and providing excellent service to your clients
- Tap into traditional and modern/digital sources of listing business
- Create and deliver compelling, customized listing presentations that focus on your clients’ needs
- Provide seller guidance and counseling on how to leverage market analysis data and the importance of proper positioning
- Effectively manage seller concerns, resistance, and objections
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Real Estate Negotiation Expert (RENE) Certification Course |
DATE: Tues & Wed, August 16 & 17, 2022
TIME: 9:00am to 5:00pm
COST: $195 Members / $215 Others
ZOOM: Zoom Format
INSTRUCTOR: Rich Sands
SESSION INFORMATION: 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.
What You Gain:
- Improve your negotiating skills
- Learn about behind-the-scenes issues and how to deal with them
- Learn how to handle a wide range of personalities and situations
- Learn to sort out the competing objectives of the parties involved in a transaction
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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: Rich Sands
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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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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IN-PERSON EVENT:
Connections & Cocktails Networking
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DATE: THURSDAY, May 12, 2022
TIME: 4:00pm to 6:00pm –
Doors Open at 3:45pm
TOPIC: Connections & Cocktails Networking
SESSION INFORMATION: Connections & Cocktails HAS MOVED TO THURSDAYS! – Beginning in January 2022 this event will be moving to THURSDAY AFTERNOONS from 4:00pm to 6:00pm, doors open at 3:45pm. Connections & Cocktails is SMDRA’s version of a happy hour and be mostly a networking type of meeting. There is no formal speaker or agenda for this meeting. This is your opportunity to connect and get to know you fellow SMDRA Members!
- Doors Open: 3:45pm
- Event: 4pm-6:00pm
CONNECTIONS & COCKTAILS SPONSOR: Neneh Biffinger with Painted Prairie
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FRIDAY FUZE HYBRID EVENT: Commercial Impact on Residential Real Estate with Patty Silverstein |
DATE: Friday, May 20, 2022
TIME: 8:30am-10:00am
TOPIC: Commercial Impact on Residential Real Estate with Patty Silverstein
SPEAKER: Patty Silverstein, President, Development Research Partners
Meeting ID: 856 8158 8718
Passcode: 495022
SESSION INFORMATION: A home purchase is a major investment, and potential buyers and sellers rely upon their REALTOR® to provide guidance and assistance in this important activity. Residential REALTORS® are expected to have deep knowledge of the communities in which they operate. While there is a lot of data and information available, which information is most important for customers, where do you find it, and how should it be interpreted? Attending one of Patty’s quarterly sessions, only at SMDRA, will keep help your customers see you for the expert you are. This quarter’s session is all about how commercial real estate impacts residential real estate. The health of an area’s retail and office base influence its livability and desirability as active commercial spaces suggest vibrancy while vacant spaces suggest challenges or decline. What trends are influencing the occupancy of existing spaces and construction of new buildings?
FRIDAY FUZE MEETING SPONSOR:
Melyshea Lueker with
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RPAC Round-Up:
CAR REALTOR Road Show
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DATE: Tuesday, May 24, 2022
TIME: 4:00pm to 7:00pm
4:00-5:00pm – Check-In & Networking
5:00-5:45pm – National & Local RPAC Speakers
5:45-7:00pm – Entertainment
LOCATION: At the SMDRA Corral – 6436 S. Racine Circle, Centennial, CO 80111
SPEAKERS: Hagan Stone, NAR RPAC Liason, Jessica Lautz the Vice President of Demographics and Behavioral Insights at NAR, as well as Jack Greacen, the Political Representative from NAR.
SADDLE UP PARNTERS!
Y’all come on down and join us for CAR’s RPAC Road Show for a little “RPAC talk” and a LOT OF FUN as we saddle up for this FREE EVENT! LOTS OF FOOD, DRINKS & A PRIZE OR TWO!
We’ll be fixin’ to learn about how RPAC impacts your business and your bottom line. Then grab your boots and mosey on up to the dance floor where you can learn some of the LATEST LINE DANCES, or slouch on up in your city slicker shoes!
All DMAR and SMDRA REALTOR® and Affiliate Member Buckaroos are welcome to attend this FREE EVENT!
- Food and Drinks
- $500 Gift Card & Swag
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REGISTRATION is Open for 9 & Dine - SMDRA's YPN Golf Event |
DATE: Wednesday, June 1, 2022
LOCATION: Spring Valley Golf Club
42350 Co Rd 17/21, Elizabeth, CO 8010
TIME: 3pm Shotgun Start
COST: $45 for SMDRA Members
$55 for Non-Members/Guests
EVENT DETAILS: Join us for an afternoon of fun, networking, golf and food! This event is open to all members & their guests. Your registration fee includes:
- 9 Holes of Golf
- Golf Cart
- 2 Drink Tickets
- Dinner Ticket
MULLIGANS/RPAC INVESTMENT:
- $30 for 3 Mulligans and $25 goes towards your RPAC Investment
PRIZES: Chance to win $50 Amazon Gift Card
- Closest to Pin
- Longest Putt
- Best Dressed Individual
- Lowest Team Score
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IN-PERSON EVENT:
Connections & Cocktails Networking
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DATE: THURSDAY, June 9, 2022
TIME: 4:00pm to 6:00pm –
Doors Open at 3:45pm
TOPIC: Connections & Cocktails Networking
SESSION INFORMATION: Connections & Cocktails HAS MOVED TO THURSDAYS! – Beginning in January 2022 this event will be moving to THURSDAY AFTERNOONS from 4:00pm to 6:00pm, doors open at 3:45pm. Connections & Cocktails is SMDRA’s version of a happy hour and be mostly a networking type of meeting. There is no formal speaker or agenda for this meeting. This is your opportunity to connect and get to know you fellow SMDRA Members!
- Doors Open: 3:45pm
- Event: 4pm-6:00pm
CONNECTIONS & COCKTAILS SPONSOR: Laura Fick with Land Title
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FRIDAY FUZE HYBRID EVENT:
So Many Bills So Little Time
Colorado Legislative Update
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DATE: Friday, June 17, 2022
TIME: 8:30am-9:30am
TOPIC: So Many Bills, So Little Time! Colorado Legislative Wrap-Up
SPEAKER: Liz Peetz, CAR Vice President Government Affairs
ZOOM MEETING INFO:
Meeting ID: 856 8158 8718
Passcode: 495022
SESSION INFORMATION: The Legislative Session is over. This year dozens of proposed bills had the potential to impact your business and that of homeowners. What were our wins? What do we still need to work on? Any losses? Find out in this information packed session.
FRIDAY FUZE SPONSOR:
Ryan Taylor with Pure Maintenance of Colorado
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for March 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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The Impact of High Mortgage Rates
National Association of REALTORS®
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The sharp rise in mortgage rates this year has added hundreds of dollars to new monthly mortgage payments.
In fact, climbing rates have caused the monthly amount of a new mortgage payment to increase by an average of $258.57. That equals an average of an extra $3,102.84 per year and an average of $93,085.20 over the lifetime of a 30-year loan, according to a new LendingTree study that puts a dollar amount on how much rates have affected mortgage costs.
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Fraud Alert - Vacant Land Scam
Colorado Association of REALTORS®
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Land Title Association of Colorado and the Colorado Association of REALTORS® have become aware of a new fraudulent scam that has quickly become more prevalent in the last month. In most instances it includes VACANT LAND. A fraudster locates a property and impersonates the owner of the property. |
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Fines for Untimely Status
Changes Increasing
REcolorado Blog
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We often hear from brokers who are frustrated by out-of-date information when a broker does not update a listing’s status in a timely manner. Knowing a listing’s status is vital to your ability to serve your clients. Timely status changes are not only a professional courtesy, but delaying status updates impacts housing market statistics, CMAs, appraisals, and more.
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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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NEW Calendar of 2022 SMDRA Members Events - All in One Place! |
Download the 2-page PDF file of all the SMDRA Member Events/Holidays in one document!! Put all the SMDRA Events your are interested in attending on your calendar NOW!
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SENTRILOCK @ YOUR SERVICE |
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ATTENTIONS: SentriLock Email Scam Alert
SentriLock®
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SentriLock has seen an increase in scammers attempting to defraud customers via email. We were informed of a recent example of someone identifying themselves as a SentriLock representative emailing a PDF invoice and asking for a wire transfer payment.
Please DO NOT change any payment methods for SentrLock, LLC without confirmation.
If there is any doubt about the legitimacy about an invoice you have received please get in touch with your Customer Success Manager.
Stay aware and be safe!
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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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