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SMDRA WEEKLY NEWS & EVENTS • SEPTEMBER 16, 2022
Interested in advertising in our newsletter? Download the current rate sheet for information.
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Waiving the Home Inspection: Don't Blame Me! |
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Many buyers who purchased at the height of market competition earlier this year may have skipped the home inspection contingency to sweeten their offer. And now they might regret that decision. If your clients find major property defects after moving in, keep them from pointing the finger at you. |
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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 Risk Management 101
Sep 20 - 9am to 12pm
Members Free / $40 Others
3 CE Credits
Instructor: Steve Olson
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ZOOM Accredited Buyer's Representative Designation
Sep 21&22 - 9am to 4pm
$195 Members / $215 Others
12 CE Credits
Instructor: Mickey Sanders
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IN-PERSON Shifting Market Business Strategies
Sep 21 - 1pm to 3pm
Members Free / $30 Others
2 CE Credits
Instructor: Jack O'Connor
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IN-PERSON GRI 106:
Ethics & Professional Practice
Sep 27 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Jack O'Conner
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IN-PERSON New Member Orientation
Sep 27 - 1:30pm to 3:30pm
Free for Everyone
0 CE Credits
Instructor: SMDRA Staff
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ZOOM Due Diligence
Sep 28 - 12pm to 4pm
Members Free / $40 Others
4 CE Credits
Instructor: John Gillam
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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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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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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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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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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: September 22, 2022 - Collection Date
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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POWER LUNCH: Wildfire Preparedness in the Metro Area |
DATE: Thursday, Oct. 6, 2022
TIME: 11:00am-11:30am – Lunch and Networking
11:20am-1:00pm – Program
TOPIC: Wildfire Preparedness in the Metro Area
LOCATION: SMDRA Event Center, This is an IN-PERSON EVENT
SPEAKER: Tom Welle, Principal of Wildfire Preparedness Services
SESSION INFORMATION: Join us for this IMPORTANT and informative discussion regarding Wildfire and its relationship to home destruction. Tom Welle with Wildfire Preparedness Services will help us understand not only the conditions that contribute to wildfire but ways we can predict it’s behavior, the types of wildfire and steps we can take to reduce the ignition of structures. Tom will also share local resources and information about Douglas Counties Mitigation Program. This is one you don’t want to miss both personally and professionally.
POWER LUNCH SPONSOR:
Equity Title of Colorado
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2022 Inaugural & Awards Ceremony - We Are One! |
DATE: Wednesday, November 2, 2022
TIME: 4:00pm to 8:00pm – Doors Open at 3:30pm
LOCATION: Highlands Ranch Mansion - 9950 E Gateway Dr, Highlands Ranch, CO 80126
COST: $55 per person
Incoming Chairman of the Board Janet Marlow and the SMDRA Board of Directors Request the Honor of Your Presence at the South Metro Denver REALTOR® Association’s 2022 Inaugural & Awards Ceremony, on Wednesday, November 2, 2022 from 4:00pm to 7:00pm at the Highlands Ranch Mansion. Cocktails and food will be served, cost is $55 per person. Business Casual Attire is recommended.
Program Schedule:
4:00pm-4:30pm – Cocktails & Networking
4:30pm-6:00pm – Program & Awards
6:00pm-8:00pm – Celebration, Food & Music
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for August 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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12 Tech Startups Vying for
Glory in the Real Estate Space
National Association of REALTORS®
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Twelve technology startups in the real estate space with new offerings such as fractional ownership, home renovation and rental solutions are poised to shake up the real estate industry. These budding companies will take the stage later this month at the National Association of REALTORS®’ 2022 Innovation, Opportunity & Investment Summit in Los Angeles, competing in a “Shark Tank”–style Pitch Battle for crucial funding to widen their reach.
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Suddenly, It's All About Pricing
Colorado Association of REALTORS®
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Percent of list price received on home purchases dips below 100% for the first time since 2020
Rising interest rates and traditional seasonal slowdown continued to pump the brakes on the metro area and statewide housing markets as potential buyers found a few more options to choose from and a few more days to think about their potential purchase of a home, according to the August 2022 Market Trends Housing Report from the Colorado Association of REALTORS®.
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Find Listings from the Western Slope and Southwestern Colorado on REcolorado.com! |
Earlier this year, REcolorado announced an exciting new partnership with Colorado Real Estate Network (CREN) to display listings on our popular, public-facing home search site, REcolorado.com. We are excited to announce that homes for sale from the Western Slope and Southwestern Colorado are now available to home buyers, sellers, and renters on 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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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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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 support increased fire mitigation defensible state tax credits, state-matched funding for local mitigation projects, and funded bills that help improve forest health.
DID YOU KNOW - RPAC opposes efforts to apply a sales tax on services like real estate, mortgage loans, title work and other services in a real estate transaction.
DID YOU KNOW - RPAC is recognized as one of the most non-partisan political action committees in the country. This is not a Republican Party group, it is not a Democratic Party group…it is the REALTOR® Party, supporting candidates who support the American Dream of home and business ownership.
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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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