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SMDRA WEEKLY NEWS & EVENTS • JUNE 9, 2023
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Study: Middle-Income Buyers
Suffer Most in Housing Shortage
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The national housing shortage is most acute in price points that middle-income buyers can afford, according to new National Association of REALTORS® data. The market is short about 320,000 listings worth up to $256,000—which is considered the affordability range for households earning up to $75,000 annually—according to the Housing Affordability & Supply Report, a joint research project between NAR and realtor.com®.
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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 Your Listing Presentation Workshop
Jun 13 - 9am to 12pm
Members Free / $30 Others
0 CE Credits
Instructor: Rich Sands
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IN-PERSON Finding & Developing Your Mindset in a Changing Market
Jun 13 - 10:30am to 12:30pm
Members Free / $20 Others
0 CE Credits
Instructor: Tony Carnesi
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IN-PERSON Under-standing Older Homes
Jun 14 - 9am to 11am
Members Free / $20 Others
2 CE Credits
Instructor: Mike Barnhill
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ZOOM GRI 108: Finance in Real Estate
Jun 14 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Kevin Stahle
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ZOOM Distressed Properties: Divorce, Foreclosure, Estate etc
Jun 15 - 9am to 1pm
Members Free / $40 Others
4 CE Credits
Instructor: Josh Cadillac
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ZOOM Beyond Contract Competency
Jun 20 - 9am to 1pm
Members Free / $40 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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Real Estate Negotiation Expert (RENE) Certification Course |
DATE: Tue & Wed, August 16 & 17, 2023
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
FORMAT: Zoom Format
CE CREDITS: 14
INSTRUCTOR: Rich Sands
DESCRIPTION: 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
To obtain the RENE Certification:
- Complete the two-day course (There is no exam requirement for this certification)
- Maintain active membership with the National Association of REALTORS®
- Submit the application which will be sent to you after you’ve completed the required course along with a one-time credentialing fee of $159
- No annual membership or dues required
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Short Sales & Foreclosure Resource Certification |
DATE: Thu, August 24, 2023
TIME: 9:00am to 4:00pm
COST: $99 Members / $129 Others
FORMAT: Zoom Format
CE CREDITS: 6
INSTRUCTOR: Mickey Sanders
CLASS DESCRIPTION: NAR’s Short Sales and Foreclosure Resource (SFR®) Certification focuses on both the buyer and seller sides of
distressed property transactions. Knowing how to help sellers maneuver the complexities of short sales, as well as help buyers to pursue short sale and foreclosure opportunities, are not merely good skills to have in today’s market— they are critical. Designed for real estate professionals at all experience levels, this course give you a framework for understanding how to:
- Direct distressed sellers to finance, tax & legal professionals
- Qualify sellers for short sales
- Develop a short sale package
- Tap into buyer demand
- Protect buyers
- Safeguard your commission
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Learn more at http://realtorsfr.com/
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Accredited Buyer's Representative (ABR) Designation Course |
DATE: Tue & Wed, September 12&13, 2023
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
FORMAT: Zoom Format
CE CREDITS: 12
INSTRUCTOR: Mickey Sanders
DESCRIPTION: 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 2-day ABR® Designation Core Course is to establish a foundation of training, skills, and resources to help real estate professionals succeed as a buyer's representative.
Students learn to: Build a buyer-representation business Value the services you perform on behalf of buyer-clients Increase confidence to work toward a signed buyer representation agreement Gain methods, tools, and techniques to provide the support and services that buyers want.
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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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2023 RPAC Roadshow at
The ViewHouse Centennial
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DATE: Wednesday, June 14, 2023
TIME: 4:30pm-7:00pm
EVENT: 2023 RPAC Roadshow – A Fundraiser for RPAC (The REALTORS Political Action Committee
COST: Free
LOCATION: ViewHouse – Centennial
7101 S Clinton Street
Centennial, CO 80112
DESCRIPTION: Join us for a special RPAC event to learn more about becoming an RPAC investor and how your RPAC investments help shape the future of our communities and industry. There’ll be food, drinks, games and prizes. PLUS, we have a great lineup of speakers including:
- Colin Mullane, 2023 Realtor® Party Director for the National Association of Realtors®
- Matthew Hintermeister & Janet Marlow, Co-Chairs of the RPAC Participation Council at the Colorado Association of Realtors®
- Brian Tanner, Vice President of Public Policy at the Colorado Association of Realtors®
- Kerrianne Brenzel, Director of Development and Communications at the Colorado Association of Realtors®
Tickets include admission, heavy apps and one complimentary cocktail.
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for May 2023 |
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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Help Amplify the Message
That Homeownership Is a Win
National Association of REALTORS®
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Homeownership is a financial windfall for most households, with homeowner wealth soaring 40 times higher than renters. Over the last decade, most owners have earned more than $100,000 in equity, according to research from the National Association of REALTORS®. Homeownership has long been a primary avenue for building generational wealth and is a crucial component to closing the racial wealth gap in America.
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Things Are Looking Up: Rate will be going down and a fair look at Fannie and Freddie's new LLPA's
Colorado Association of REALTORS®
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Welcome back to this quarter’s edition of Notes from a Mortgage Professional, brought to you by your local embittered mortgage professional. NO, that’s not the case. In fact, there are great things on the horizon; a positive outlook on the increased loan level price adjustments from Fannie Mae and Freddie Mac and imminently improving interest rates! |
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Your Search for New Builds Starts with NewHomeSource Professional
REcolorado
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With your REcolorado subscription, searching for new construction listings is easy. When you have a client who is interested in exploring new construction, either search directly in the REcolorado MLS system, or use the NewHomeSource Professional tool to gain access to database of detailed new construction information. Enjoy detailed search options, contact information for builders, exclusive agent and consumer promotions, weekly updates on new inventory and incentives, and much more. |
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SUPPORT THOSE WHO SUPPORT YOU!
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This edition of the SMDRA Weekly Newsletter is made possible by our Platinum Corporate Sponsors: |
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PREPARE YOUR VEHICLE for emergencies, especially when traveling long distances to rural properties. Pack your car with jumper cables, bottled water, blankets and a first-aid kit.
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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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