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SMDRA WEEKLY NEWS & EVENTS • OCTOBER 21, 2022
Interested in advertising in our newsletter? Download the current rate sheet for information.
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Competition in Real Estate |
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To promote transparency in the way the real estate market operates, the National Association of REALTORS® has brought a number of updates to its competition.realtor website, which the association introduced last fall. The website serves as an information hub about how REALTORS® and local MLS broker marketplaces create competitive, efficient, pro-consumer markets.
It also can serve as a reference to share key points with clients to explain the competitive nature of the market and the critical role MLSs and REALTORS® play in advancing consumers’ interests. The site also serves as a resource for media, consumers, and elected officials.
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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 Pricing Strategy Advisor (PSA) Certification
Oct 24 - 9am to 4pm
$99 Members / $129 Others
6 CE Credits
Instructor: Steve Olson
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IN-PERSON Camera to Close 4: Practical Application & Recap
Oct 24 - 2:30pm to 4:30pm
$39 members / $59 Others
0 CE Credits
Instructor: Lana Kuznetsova
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ZOOM Tax Reduction Strategies for the Real Estate Professional
Oct 25 - 9am to 11:30am
Members Free / $30 Others
0 CE Credits
Instructor: Maine Shafer
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IN-PERSON Buy Your Dream Home with a Reverse Mortgage
Oct 25 - 2pm to 4pm
Members Free / $20 Others
2 CE Credits
Instructor: George Tsoupakis
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IN-PERSON Protect You/Your Client's Assets
Nov 1 - 9am to 12pm
Members Free / $40 Others
3 CE Credits
Instructor: Steve Olson
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IN-PERSON GRI 115: Technology Tools & Resources
Nov 1 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Rich Sands
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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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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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2022 Inaugural & Awards Ceremony - We Are One! |
DATE: Wednesday, November 2, 2022
TIME: 4:00pm to 8:00pm
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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Connections & Cocktails:
Member Networking
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DATE: THURSDAY, November 10, 2022
TIME: 4:00pm to 6:00pm – Doors Open at 3:45pm
SESSION INFORMATION: The second THURSDAY OF EACH MONTH (4:00pm-6:00pm), SMDRA hosts Cocktails & Connections. A networking opportunity complete with light appetizers and cocktails. Each session will have a focus to educate members about ways to get involved, make industry connections and of course an opportunity to meet and connect with other SMDRA REALTOR® and Affiliate Industry Partner Members.
Doors Open: 3:45pm
Event: 4pm-6:00pm
CONNECTIONS & COCKTAILS SPONSOR: Kathy Nickerson with American Advisors Group
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POWER LUNCH: Department of Real Estate (DORA) Latest News and Updates |
DATE: Tuesday, November 15, 2022
TIME: 11:00am to 1:00pm
Event Agenda:
11:00am to 11: 20am: Lunch & Networking
11:20am to 11: 30am: Welcome/ Announcements/ Sponsor Recognition
11:30 to 1:00: Program Presentation
TOPIC: Department of Real Estate (DORA) News and Updates
LOCATION: SMDRA Event Center, This is an IN-PERSON EVENT
SPEAKER: Marcia Waters, Director, Department of Regulatory Agencies Real Estate Division
SESSION INFORMATION: Join us to hear from Marcia Waters, Director of the Division of Real Estate, as she gives an update on the CREC (Colorado Real Estate Commission) and changes happening within the Real Estate Division of DORA. This is your opportunity to meet with the Division Director, be informed of important changes and ask questions. This popular annual Power Lunch will fill up fast- seating is limited so please be sure to RSVP.
POWER LUNCH SPONSOR:
2-10 Home Warranty
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SMDRA's Annual Holiday Brunch & Toy Drive - Winter Wonderland |
DATE: Friday, December 2, 2022
TIME: 9:00am to 1:00pm – Doors Open at 8:45am
PURPOSE: Toy Drive Fundraiser for the Boys and Girls Club Metro Denver
EVENT INFORMATION: 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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Connections & Cocktails PLUS |
DATE: THURSDAY, January 12, 2023
TIME: 4:00pm to 6:00pm – Doors Open at 3:45pm
TOPIC: Connections & Cocktails Networking
SESSION INFORMATION: The second THURSDAY OF EACH MONTH (4:00pm-6:00pm), SMDRA hosts Cocktails & Connections. A networking opportunity complete with light appetizers and cocktails. Each session will have a focus to educate members about ways to get involved, make industry connections and of course an opportunity to meet and connect with other SMDRA REALTOR® and Affiliate Industry Partner Members.
Doors Open: 3:45pm
Event: 4pm-6:00pm
THIS MONTH IS A CONNECTIONS & COCKTAILS+! Open to ALL MEMBERS, this special quarterly edition of Connections & Cocktails will be catered towards our new members, helping them get plugged in, showing them how to maximize their benefits, and swearing in new REALTORS® that have completed our New Member Orientation. A chance to welcome and meet new SMDRA Members!
CONNECTIONS & COCKTAILS SPONSOR:
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for September 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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Buyer Bilked Out of $123K:
'Just Like That, It's Gone!"
National Association of REALTORS®
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After a yearlong search, Aaron Cole and his family finally found their dream home in Canby, Ore., in December 2018. The seller accepted Cole’s $440,000 offer, and with a down payment of $123,000, he and his wife were ready to move in just in time to celebrate Christmas and their son’s fifth birthday. |
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Colorado Housing Market
Spotlight Dramatic Fall Change
Colorado Association of REALTORS®
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As cooling temps lead to dramatic changes in foliage across Colorado’s iconic mountain forests, rising interest rates and a growing list of economic challenges and uncertainties are creating their own dramatic changes in the state’s housing markets, according to the September 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. |
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REcolorado Announces Partnership with Perchwell:
A New, Innovative MLS Platform
REcolorado
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We’re excited to announce that we’ve formed a partnership with Perchwell, a modern end-to-end MLS solution. This intuitive platform provides listing data management and syndication, real-time market analysis and insights, seamless client collaboration, and robust reporting—all in one place! |
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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 has been a leading advocate for the creation of association health plans, arguing that the consumer buying power of members of a nationwide trade association should be recognized in the federal tax code.
DID YOU KNOW - RPAC is constantly protecting 1031 Exchanges as a viable and necessary tool for property transactions in tax reform discussions.
DID YOU KNOW - RPAC continues to advocate for the availability and affordability of flood insurance, helping to guarantee that property owners have the ability to insure their property against catastrophic loss.
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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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