SMDRA WEEKLY NEWS & EVENTS • APRIL 26, 2024
Litigation Update
Motion Filed for Preliminary Approval of Settlement Agreement: The National Association of REALTORS® has shared an additional update with us regarding the motion for preliminary approval in the settlement.
SMDRA EDUCATION
HAVE YOU COMPLETED YOUR REQUIRED ETHICS COURSE FOR
THE CURRENT ETHICS CYCLE 2022-2024?
CLICK HERE to check your status, submit your certificate or find a class.

The requirement can be met by taking the course through any
REALTOR® Association, including NAR and CAR and the CE Shop.
Certificates received from any other source WILL NOT be honored!
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 The Art
of Referral
Apr 30 - 10am to 1pm
Members Free / $45 Others
0 CE Credits
Instructor: Matt Hudson
ZOOM 2024 Annual Commission Update
May 1 - 10am to 2pm
Members Free / $60 Others
4 CE Credits
Instructor: Jon Terry
IN-PERSON Helping Seniors Buy Their Forever Home
May 2 - 10am to 12pm
Members Free / $30 Others
2 CE Credits
Instructor: Ron Meier
IN-PERSON Agent Essentials of New Home Construction
May 2 - 1pm to 3pm
Members Free / $30 Others
2 CE Credits
Instructor: Ron Meier
ZOOM GRI 115: Technology Tools & Resources
May 7 - 9am to 1pm
$50 for Everyone
4 CE Credits
Instructor: Rich Sands
IN-PERSON Why Use
a Home Warranty?
May 7 - 2pm to 3pm
Members Free / $20 Others
1 CE Credits
Instructor: Karen Hyman
FREE EDUCATION FOR SMDRA MEMBERS!
ALL CLASSES except designations and certifications are FREE for SMDRA members.
UPCOMING DESIGNATIONS & CERTIFICATIONS
Pricing Strategy Advisor
PSA Certification Course
DATE: Thursday, May 16, 2024
TIME: 9:00am to 4:30pm
COST: $99 Members / $129 Others
FORMAT: Zoom Online Format
CE CREDITS: 6
INSTRUCTOR: Rich Sands

DESCRIPTION: Determining property values depends more than ever on professional expertise and competence, the best use of technology, and approaching the pricing assignment from various perspectives. 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 with the PSA certification.

The key to competitive home pricing is becoming proficient at comparative market analyses (CMAs). In this class, you will learn how to evaluate the existing real estat market to take the guesswork out of pricing homes. 

This course will enable you to:
  • Determine the market-based value range of a home
  • Choose the most appropriate comparabales for a property
  • Compile a CMA report for proper presentation
  • Collaborate with appraisers

CLICK HERE to learn how to earn the PSA Certification.
Senior Real Estate Specialist
SRES Designation
DATE: Wed & Thu, June 12 & 13, 2024
TIME: 9:00am to 4:30pm
COST: $195 Members / $215 Others
FORMAT: Zoom Online Format
CE CREDITS: 12
INSTRUCTOR: Mickey Sanders

DESCRIPTION: According to NAR's 2023 Home Buyers and Sellers Generational Trends Report, Baby Boomers now constitute a remarkable 52% of all sellers. In addition, they overtook millennials in 2022 as the largest cohort of homebuyers. The impact of this demographic on our market is undeniable, making it essential for real estate professionals to be well-prepared to counsel and assist them in the home buying and selling process.

The SRES® designation course is designed to instill knowledge, understanding and empathy for 50+ real estate clients and customers. By completing this intensive two-day, 12 CE credit course, you will develop the business-building skills and resources needed to specialize in the 50+ real estate market. The curriculum covers a wide array of topics, including selling family homes, buying rental properties and assisting seniors with transitions to senior communities.

Learning Objectives: 
  • Examine the characteristics, expectations and effective ways to serve the 50+ crowd.
  • Gain a comprehensive understanding of the unique tax, legal and financial situations in this market.
  • Learn valuable marketing tips and methods to effectively reach and engage with seniors.

CLICK HERE to learn how to earn the SRES Designation
SUPPORT THOSE WHO SUPPORT YOU!
This edition of the SMDRA Weekly Newsletter is made possible by the following businesses:
UPCOMING SMDRA EVENTS
“Member Dues dollars do not pay for SMDRA Events – these are paid for
by sponsorships from your Affiliate and Industry Business Partners.
Please thank them by using their services to support our Association."
May Town Hall Towns
Member Monthly Meeting
DATE: Friday, May 3 2024
TIME: 8:30am to 9:30am – Doors Open at 8:15am
TOPIC: March Monthly SMDRA General Membership Meeting - NAR Settlement Q & A with SMDRA President and NAR Directors

SESSION INFORMATION: Town Hall Talks are the first Friday of every month. This will be a general SMDRA membership meeting, similar to Friday Fuze and Marketing Meetings of the past. An opportunity to catch up on what’s happening at SMDRA, a brief informational presentation, property marketing, buyers and sellers needs, networking with fellow SMDRA members and OF COURSE DONUTS!

Brian Anzur, Scott Matthias and Jay Brown will sit on a panel to take member questions regarding the latest with the NAR Settlement.

DONUT SPONSOR: Rich Workman with Pinnacle Design and Marketing
May Connections and Cocktails Member Networking Event
DATE: Thursday, May 9, 2024
TIME: 4:00pm – 6:00pm
TOPIC: Connections and Cocktails
Member Networking Event

SESSION INFORMATION: Connections and Cocktails is the 2nd Thursday of each month from 4:00pm-6:00pm. Connections & Cocktails is 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.

CONNECTIONS & COCKTAILS SPONSOR:
Sterling Ranch
Crafting Connections -
A Progressive Model Home Tour
DATE: Wednesday, May 15, 2024
WHERE: Painted Prairie, Honeysuckle Park, 62704 N. Lisbon Street, Aurora, CO 80019
(Near the corner of Lisbon Street & 63rd Avenue)

TIME: 11:00am to 1:00pm
11:00-11:15 – Check-In and Networking
11:15-11:30am – Intro and Event Overview
11:30am to 1:00pm – Progressive Model Home Tour

COST: Free for SMDRA Members
HOSTED BY: SMDRA YPN Committee, DMAR and Painted Prairie

EVENT DETAILS: Up Your Value, Expand Your Inventory, and Discover Your Next Real Estate Advantage
  • Network with fellow brokers from both DMAR & SMDRA
  • Gain insights on helping buyers navigate the new home buying process
  • Learn how to connect with builder sales associates
  • Discover new ways to prove your value in a changing market
  • “BYOB” – You’re invited to “Bring Your Own Buyers” to a lively home tour
  • Lunch will be provided and prizes will be given away

Tour 11 Models from 6 World-Class Builders:
  • David Weekley Homes
  • KB Homes
  • Meritage Homes
  • Remington Homes
  • New Home CO
  • Berkeley Homes
May Power Lunch: 10 Things Every REALTOR Needs to Be Thinking About in 2024
DATE: Tuesday, May 21, 2024
TIME: 11:00am-11:20am – Lunch and Networking
11:20 Welcome Announcements & Sponsor
11:30am-1:30pm – Program

TOPIC: 10 Things Every REALTOR Needs To Be Thinking About in 2024
CE CREDIT: 2 CE Credit Hours
LOCATION: SMDRA Event Center
SPEAKER: Scott Peterson, CAR General Council

SESSION INFORMATION: Join CAR General Counsel, Scott Peterson for his most in-demand class as he navigates the legal and regulatory considerations impacting REALTORS® in 2024. REALTORS® who attend the training with attendance verification will receive two continuing education credits.

POWER LUNCH SPONSOR:
ENT Credit Union
MARKET TRENDS & STATISTICS
Get the SMDRA Market Trends & Statistics for March 2024
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.
REALTOR REPORT
Litigation Resources from NAR
National Association of REALTORS®
Throughout 2024, NAR is making the popular Accredited Buyer’s Representative (ABR®) designation course, typically $295, available to REALTORS® at no cost. Take the first step toward earning your ABR® designation at become.abr.realtor.

NAR members can continue to access the latest information and FAQs about the settlement on facts.realtor.

NAR will also continue to provide updates about the settlement process as it unfolds on competition.realtor.

Visit ThatsWhoWeR.realtor to view the new consumer campaign ads, and to leverage turnkey advertising and social assets to share. The campaign demonstrates the expertise of REALTORS® helping their clients navigate the risks, pitfalls, and complexities of buying or selling a home or property, reinforcing their expertise, commitment and consumer-first approach.
Legislative Advocacy This Week at the Capitol - April 24, 2024
Colorado Association of REALTORS
Only 15 days remain until May 8th when the legislative ends, as mandated by our state constitution, yet hundreds of bills remain alive and we still expect more to be introduced. At least one bill yet to be introduced would impact your property taxes. This bill will be separate from the Property Tax Commission who will meet for a final time this Friday, April 26th. We want to acknowledge REALTOR® Sean Dougherty who served countless hours on this Commission to be a voice for property owners.
CubiCasa: Create a Floor Plan
in Five Minutes
REcolorado
To create a 2D floor plan, use the CubiCasa mobile app.
ADVOCACY UPDATES
BIG WIN for Colorado Property Owners at the Capitol!
Nick Bokone, SMDRA's Public Affairs and Outreach Consultant and NAR
Here's some good news from the Capitol for your clients and investors who use their property as short term rentals -

In a late night committee hearing, SB 33 was defeated by a 6-1 vote. The only vote in favor of the measure was the original bill sponsor. Senate Bill 33 would have as much as quadrupled the property tax charged to a property being used for more than 90 days as a short term rental (Air B&B, VRBO, etc.). The bill would have applied to any property in Colorado, even if it was the property owner's primary or secondary residence.

Consider this one a big win for Colorado's property owners!
SUPPORT THOSE WHO SUPPORT YOU!
This edition of the SMDRA Weekly Newsletter is made possible by our Platinum Corporate Sponsors:
SMDRA STORIES
REALTOR Safety Tips
DISTRACTED DRIVING PUTS YOUR LIFE and the lives of others at risk. Save the serious discussions for a time when you are not driving.

Learn more at www.NAR.realtor/safety
SMDRA REALTOR Member
Benefit - 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. 
SMDRA Event & Meeting Rentals
Are you looking for a venue to:
  • Host your company's annual meeting?
  • Have your holiday party or event?
  • Teach an educational class for your employees?
  • Hold a wedding celebration?
  • Or a place to just meet, whatever your reason might be!
  • SMDRA Member discount available

The South Metro Denver REALTOR® Association's Event Center, Lobby, Patio, Legacy Room, Board Room and Training Room are available for day, evening and weekend rentals. Contact us today for rental rates and space availability

Email Susan Cooper at susan@smdra.com for questions and additional information.
SENTRILOCK @ YOUR SERVICE
IMPORTANT UPDATE:
ShowingTimes and BrokerBay are NO LONGER Generating Access Codes for SentriLock Boxes
SentriLock®
In case you didn't know, ShowingTimes and BrokerBay are NO LONGER generating access codes for SentriLock boxes. Download our helpful Frequently Asked Questions document for instruction and helpful videos, on how to generate codes for property access.

Need HELP with Your
SentriLock Lockboxes?

Call the SMDRA Office at 303-797-3700
WE CAN HELP TOO!
JUST FOR YOU!
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