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SMDRA WEEKLY NEWS & EVENTS • JUNE 24, 2022
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Top 5 Apps That Every REALTOR Needs |
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Real estate technology will inevitably change the way you run your business. Times have changed and so have the real estate technology tools that agents use to communicate with potential clients, generate leads, and keep their business afloat. No matter if you’re an experienced agent or just starting out, there are apps that can make your life easier as a real estate agent. |
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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 103: Contacts to Contracts
Jul 13 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Ray Sherman
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ZOOM Industry Update with Marcia Waters
Jul 14 - 1pm to 3pm
Members Free / $20 Others
1 CE Credits
Instructor: Marcia Water
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IN-PERSON GRI 113: Negotiating & Counseling
Jul 19 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Jack O'Connor
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ZOOM Dealing with the Dead - Avoid the Pitfalls of Estates & Trusts
Jul 20 - 10am to 12pm
Members Free / $30 Others
2 CE Credits
Instructor: Molly Zwerdlinger
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ZOOM 2022 Annual Commission Update
Jul 21 - 9am to 1pm
Members Free / $50 Others
4 CE Credits
Instructor: Mickey Sanders
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ZOOM GRI 108: Finance in Real Estate
Aug 2 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Kevin Stahle
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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: 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: 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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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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4th of July Holiday Office Closure
and Friday Fuze July Schedule
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In observance of the 4th of July Holiday, the SMDRA Office will be CLOSED on Monday, July 4th - All Day! The office will re-open on Tuesday, July 5th at 8:30am.
PLEASE NOTE: There will be NO Friday Fuze on Friday, July 1st and
NO Connections & Cocktails on
Thursday, July 7th.
The next Friday Fuze Meeting will be
July 15, 2022 - See you there!
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FRIDAY FUZE:
Colorado Project Wildfire -
What You Need to Know
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DATE: Friday, July 15, 2022
TIME:8:30am to 9:30am
COST: Free for SMDRA Members, $20 All Others
TOPIC: Project Wildfire
SPEAKER: Fire Mitigation Expert with Colorado Project Wildfire
ZOOM MEETING INFO:
Meeting ID: 856 8158 8718
Passcode: 495022
SESSION DETAILS: It’s fire season here in Colorado, and Colorado REALTORS® continue to play vital role in educating homeowners on wildfire mitigation and safety efforts as programs take hold. Come listen to a fire mitigation expert talk about how you can help you clients become more knowledgeable about all issue wildfire related.
FRIDAY FUZE SPONSOR:
Rick Workman
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SAVE THE DATE!
2022 Carnival:
An RPAC Fundraiser
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DATE: Thursday, August 11, 2022
TIME: 5:00-8:00pm
LOCATION: SMDRA Loading Dock Area
COST: $35 for Event Attendance
DESCRIPTION: Step right up and join us for an evening of fun, food and business networking! The RPAC Carnival is a fundraising event to help raise funds to support the SMDRA REALTORS® Political Action Committee (RPAC). Your investment in RPAC helps shape the future of the real estate industry by promoting and advocating for REALTORS and homeownership, electing candidates who understand and support their interests.
SPONSORSHIP OPPORTUNITES:
CLICK HERE to download the Sponsorship Flyer for this Event
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MARKET TRENDS & STATISTICS |
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Get the SMDRA Market Trends & Statistics for May 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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Tis the Season for 'Freak Outs' |
Tis the season for freak outs and "OMG the market is collapsing" click-bait, as we have our Summer Seasonal market shift. Yes, rate increases are impacting Buyer power at the same time causing some extreme changes in a short period of time.
Even with over 28% of active listings in the last month having made a price decrease, and that average decrease being $37,600, it is still a Seller's Market and demand exceeds supply.
Fannie Mae’s May survey of consumers which showed that 79% of them believe now is a bad time to buy a home! When anxiety and fear is high, most people will choose to do nothing and wait. People will always fear what they don't understand.
Tempering Seller expectations, while discussing options with Buyers such as ARMs, refi down the road, and the cost of renting vs. buying are key to educating our clients to use this market shift to their advantage. Put a dollar amount on how much waiting can cost them to give it perspective.
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Existing Home Sales Fell
3.4% in May; Median Sales
Price Surpassed $400,000
for the First Time
National Association of REALTORS®
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Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. |
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Colorado See Home Inventory Growth Despite State's Affordability Index
Colorado Association of REALTORS®
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The Colorado Affordability Index, made available by CAR, showed a record low of 52 points out of 100. The index compares the median wage for workers to the median home price. A buyer with a median wage would need to supplement their income by about 48% to afford a home. |
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Frequently Asked Questions:
Clear Cooperation Policy
REcolorado Blog
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If you need a refresher on the ins and outs of NAR’s Clear Cooperation Policy (CCP), then you’ve come to the right place! To make sure you understand the rules behind this policy, we’ve assembled a list of frequently asked questions and included their answers. |
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Help Set the Direction
of SMDRA's Future!
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Five SMDRA Board of Directors’ positions are open for the 2023 election year. Four positions will be elected by the membership and one position will be appointed and then ratified by the Board of Directors. All five positions will run on the ballot and be vetted by the Nominating Committee. The Nominating Committee will meet in June and the slate of candidates announced in August. The three-year term begins December 1, 2022.
Click the button below to access the 2023 Board of Directors Nomination Form. Mail or email your completed form to melissa@smdra.com
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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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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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