|
|
SMDRA WEEKLY NEWS & EVENTS • FEBRUARY 3, 2023
Interested in advertising in our newsletter? Download the current rate sheet for information.
|
|
Here's What the Federal Reserve's 25 Basis
Point Interest Rate Hike Means for Your Money
|
|
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the central bank approved a more modest 0.25 percentage point increase after recent signs that inflationary pressures have started to cool. |
|
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.
|
|
IN-PERSON GRI 113: Negotiating and Counseling
Feb 7 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Jack O'Connor
|
|
IN-PERSON 2023 Annual Commission Update
Feb 8 - 10am to 2pm
Member Free / $50 Others
4 CE Credits
Instructor: Jon Terry
|
|
IN-PERSON VA Bootcamp
Feb 9 - 10am to 12pm
Members Free / $20 Others
2 CE Credits
Instructor: Tammy Tapman
|
|
|
ZOOM In-Depth Contract Review
Feb 9 - 1pm to 5pm
Members Free / $40 Others
4 CE Credits
Instructor: Steve Olson
|
|
ZOOM GRI 111: Legal Issues & Risk in CO Real Estate
Feb 14 - 12pm to 4pm
$50 for Everyone
4 CE Credits
Instructor: Jon Terry
|
|
ZOOM Resolving Inspections Contractually
Feb 15 - 1pm to 3pm
Member Free / $30 Others
2 CE Credits
Instructor: Tod Franklin
|
|
|
FREE EDUCATION FOR SMDRA MEMBERS!
ALL CLASSES except designations and certifications are FREE for SMDRA members.
|
|
UPCOMING DESIGNATIONS & CERTIFICATIONS |
|
Real Estate Negotiation Expert (RENE) Designation |
DATE: Wed & Thu, February 22&23, 2023
TIME: 9:00am to 5:00pm
COST: $195 Members / $215 Others
FORMAT: In-Person at SMDRA
INSTRUCTOR: Mickey Sanders
CLASS DESCRIPTION: This is a 2-day course and both days must be attended for CE credit and credit towards the RENE Designation
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
|
|
|
Senior Real Estate Specialist (SRES) Designation |
DATE: Tue & Wed, March 21&22, 2023
TIME: 9:00am to 4:00pm
COST: $195 Members / $215 Others
FORMAT: On-Line Zoom Format
INSTRUCTOR: Rich Sands
CLASS DESCRIPTION: **This is a 2 day course and both days must be completed in full in order to earn the CE credit as well as credit towards the SRES Designation.
The SRES® designation course seeks to instill knowledge and understanding of and empathy for 50+ real estate clients and customers and develop the business building skills and resources needed for specialization in the 50+ real estate market.
|
|
|
Bias Override: Overcome
Barriers to Fair Housing Certification Course
|
DATE: Tues, April 4, 2023
TIME: 1:00pm to 4:00pm
COST: $99 Members / $129 Others
FORMAT: In-Person at SMDRA
INSTRUCTOR: Natalie Davis
CLASS DESCRIPTION: REALTORS® are committed to abiding by fair housing laws and the Code of Ethics. But sometimes, our brains take shortcuts that can lead us astray.
Bias Override: Overcoming Barriers to Fair Housing is an NAR certificate course that helps real estate professionals interrupt stereotypical thinking so they can avoid fair housing pitfalls and provide equal professional service to every customer or client. Participants will learn about the mind science of identity, study how implicit bias can result in fair housing violations, and engage in interactive exercises to enhance communication skills and business relationships with clients of all backgrounds.
|
|
|
Pricing Strategy Advisor (PSA) Certification |
DATE: Wed, April 5, 2023
TIME: 9:00am to 4:30pm
COST: $99 Members / $129 Others
FORMAT: In-Person at SMDRA
INSTRUCTOR: Steve Olson
CLASS DESCRIPTION: 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
|
|
|
SUPPORT THOSE WHO SUPPORT YOU!
|
|
This edition of the SMDRA Weekly Newsletter is made possible by the following businesses: |
|
Don't Miss the Bus!
2023 Economic Summit and REALTOR Day in Denver
|
DATE: Wed & Thu, February 8&9, 2023
TIME: All Day Both Days
LOCATION: Sheraton Denver Downtown
EVENT INFORMATION: The 2023 Economic Summit and REALTOR® Day is only weeks away, and there’s still time to register.
Join your fellow REALTORS® on a journey like no other! REALTOR® PRIDE will sweep across the nation with Riding with the Brand – and the only stop in Colorado will be at the 2023 Economic Summit and REALTOR® Day in Denver on February 8 and 9!
|
|
|
DATE: Thursday, February 9, 2023
TIME: 4:00pm to 6:00pm – Doors Open at 3:45pm
TOPIC: Connections & Cocktails Networking
SESSION INFORMATION: The second THURSDAY OF EACH MONTH, 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:
|
|
|
DATE: Thursday, February 23, 2023
WHERE: SMDRA Event Center - 6436 S. Racine Circle, Centennial, CO 80111
TIME: 11:00am to 2:00pm
COST: $15 for SMDRA Members,
$25 for Non-Members
EVENT DETAILS: This fast-paced, engaging event provides you with a seat at the table with seasoned real-estate industry veterans and peers to discuss career and professional development topics that are important to you. In small groups young professionals will have the opportunity to meet with multiple mentors and garner different perspectives. Lunch will be catered by Maggiano's
MENTOR TOPICS:
• Givers Get – Volunteering turns into Business
• How to Sell in ANY Market
• Investment Property
• Helping Buyers use their VA Benefit
• Distressed Property
• Working with New Build Communities
• Luxury Property
• Building a National Referral Network
• How to Sell Using Video
• Other – Relevant to Today’s Market
|
|
|
March Power Lunch:
Colorado Property Tax
Changes to Expect
|
DATE: Thursday, March 2, 2023
TIME: 11:00am-11:20am – Lunch and Networking
11:20 Welcome Announcements & Sponsor
11:30am-1:00pm – Program
LOCATION: SMDRA Event Center
TOPIC: Colorado Property Tax Changes to Expect
SPEAKER: Toby Damisch, Chief Deputy Assessor and Assessor-Elect for Douglas County
SESSION INFORMATION: There are some very interesting, complicated things happening in the property tax world in Colorado, and several of the Assessors are actively engaging citizen groups, professional and trade organizations, that are interested in this subject matter. We will hear about the upcoming reappraisal, and given the uncertainty in property tax policy, are focusing on that as well.
POWER LUNCH SPONSOR:
|
|
|
2023 Diamond Circle Awards |
DATE: Friday, March 31, 2023
TIME: 5:30pm to 11:00pm
LOCATION: Hyatt Regency DTC
Come and celebrate! Join us for our absolute biggest event of the year as we honor SMDRA’s Top Producers in the South Metro Denver REALTOR® Association. We will be awarding the prestigious Diamond Circle Club Membership Award to all of the REALTORS® whose pursuit of excellence has placed them above and beyond their peers
INTERESTED IN BECOMING A SPONSOR?
|
|
|
MARKET TRENDS & STATISTICS |
|
|
|
Get the SMDRA Market Trends & Statistics for December 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.
|
|
What Can Be Done to Enhance Agent Communication?
National Association of REALTORS®
|
I’m frustrated with the length of time it takes to hear from agents when I submit an offer on their listing. I know everyone is busy, but buyers are anxious for answers and I would like to keep them updated on the status of their offer. What can be done to enhance communication? |
|
|
Builder Confidence Ticks Up, Building Materials Price Growth Slows
Colorado Association of REALTORS®
|
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material supply chain disruptions and challenging affordability conditions, according to a recent report from the National Association of Home Builders |
|
|
Safeguarding Your Data
with REdistribute
REcolorado
|
REcolorado announced a strategic partnership with REdistribute that will help protect one of your most valuable assets: your MLS data. Not only does this help you, but it also has the potential to transform the entire real estate industry’s relationship with data. REcolorado President and CEO Gene Millman recently spoke on a panel hosted by MLS Matters, a Council of Multiple Listing Services (CMLS) forum, which delved into how REdistribute works and why it is so important to the future of your MLS data.
|
|
|
SUPPORT THOSE WHO SUPPORT YOU!
|
|
This edition of the SMDRA Weekly Newsletter is made possible by our Platinum Corporate Sponsors: |
|
|
|
IF YOU ARE IN AN UNFAMILIAR AREA, make mental notes of landmarks, points of interest and intersections. And always know the exact address of where you are going.
|
|
|
|
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.
|
|
|
|
The 2022-23 SMDRA
Member Benefits Guide
|
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!
|
|
SENTRILOCK @ YOUR SERVICE |
|
SentriLock Resources
at Your Fingertips!
SentriLock®
|
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
|
|
|
CORPORATE SPONSORS & PARTNERS |
|
Interested in advertising in our newsletter?
DOWNLOAD the current SMDRA Scoop Rate Sheet for information!
|
|
|
|
|
|
|
