DMAR Digest | Week of December 7

“If you don’t know where you are going, you’ll end up someplace else.”

Yogi Berra, American baseball catcher, manager and coach

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The A to Z of Real Estate
DMAR's glossary of real estate terms is a great resource to share with your clients to catch them up to speed on industry jargon. Read More 

It’s More Than the Thought That Counts | Guest Post
Do you still think “it’s the ‘thought that counts’ really applies to business gifts? If so, when’s the last time you put some original thought into that thought? If you understand the mechanics and psychology of gift giving it will become one of your most powerful marketing tactics. Read More

Denver cracks down on unlicensed short-term rental hosts — through the platforms
Sabrina Zunker, a broker who sits on the committee as a representative of the Denver Metro Association of REALTORS®, said the legislation that could lead to fines for platforms was part of the infrastructure Denver needed to ensure a fair system and the success of short-term rentals here. Read More 

FHA raises loan limit by nearly $25,000 for 2021
Given massive year-over-year gains in home prices, the Federal Housing Administration (FHA) is increasing its 2021 loan limit in most of the U.S. to $356,362, an increase of nearly $25,000 over 2020’s loan limit of $331,760. Read More

Invest in RPAC to Win $1,500
Help us reach our 2020 RPAC goal and have a chance to win $1,500. By investing just $25 today, you will automatically be entered to win a $1,500 cash prize. Plus, you’ll receive additional entries for every $25 you invest (i.e. a $100 investment gets you four entries). Read More

DMAR Real Estate Market Trends Report | DEC. '20
Greater Denver Metro real estate market continues to bolster all-time records as November data emphasizes the desirability of a home in COVID-19. Read More

[INFOGRAPHIC] Market Trends Overview | DEC. '20
Download the December Market Trends Report infographic. This is a great resource to share with your clients and colleagues on social media, your website or via email or even print. Read More 

Digging Deeper: November 2020 Records
The DMAR Market Trends Committee examined the various records broken in the month of November. Read More 

The Demand is Far from Over | Guest Post
Supply isn’t the story... demand is. Yes, supply is the pain point, but it isn’t the story. If demand curbed, supply would come back in line. I could also argue that for some price, any home is for sale. So it’s not supply that’s the issue. It’s demand. Read More

Denver is a seller’s market — but, some, homeowners aren’t selling
The Denver Metro Association of REALTORS®’ latest monthly report comes at a time when buyers are being advised to consider paying more of the closing fees and are competing against fix-and-flip investors and people who are able to put down cash or willing to waive inspections. In short, it’s a sellers market. Read More

Housing Inventory Hits a Record Low (Again) as Demand Intensifies
While housing inventory typically declines around the holidays, this year hit a record low. November ended with 3,415 active listings, down approximately 29 percent from October’s 4,821 homes—the previous record—and down a whopping 51 percent year-over-year. If no new houses come on the market, inventory would be sold out in two weeks, according to the Denver Metro Association of REALTORS® (DMAR) Market Trends Report. Read More

COVID Dial Guidance and FAQ from DORA
In an effort to provide not only additional clarity on industry and business-specific safety measures but also to synthesize information from many state of Colorado sources, DORA has compiled the following guidance. Read More

CAR Legal Bites - DORA FAQ Level Red Business
CAR General Counsel Scott Peterson gives an update on the FAQ email all REALTORS® should have received from the Division of Real Estate. Watch Here

We're still here for you

If you are looking to reach a specific department or staff person, please refer to the staff directory here, or contact our main line at 303-756-0553 or email help@dmarealtors.com. 

Showing Supplies Basket (Restocked)
Our popular Showing Supplies Basket has been restocked in all four DMAR offices. This includes the gear you need to conduct safe and clean showings including 10 face masks, 10 pairs of shoe covers, 10 pairs of nitrile gloves, hand sanitizer, one laminated "Please Sanitize Your Hands Before Entering" sign and one laminated "This Home Has Been Thoroughly Cleaned and Sanitized" sign. Shop Here

DMAR Connect Powered by YPN - Know Before You Owe (FREE EVENT) This Wednesday, December 9th at 12:30 PM 
As a REALTOR®, you need to be aware of the benefits - and some of the pitfalls - of independent contractor status, especially as they apply to your taxes. Our speakers, Josh Hansen and Alexander Sammells, CPAs from SC & Hansen, will help you discover the most common items available for you to write-off, the best ways to maximize your return and how to best file your taxes to avoid a costly audit.
Free RSVP

Panel Discussion | Continuing the Conversation (FREE EVENT)
It's time to walk the talk. If you are ready to dismantle established systems and processes and replace them with equitable structures then join the conversation! DMAR’s Community Alliance Committee (CAC) will be hosting a free virtual panel discussion on diversity, equity and inclusion led by Derek Camunez, Broker/Manager of RE/MAX Avenues and Chair of the CAC. Our panelists will weigh in on how to transition to a culture of inclusion and equity, how to not only begin equity work but sustain it too, how to change your business model to be more inclusive and how to incorporate racial justice and equity in your decision-making. Free RSVP 

Industry Partner Spotlight

Industry Partner Members: Step into the Spotlight!​

To be featured, please submit a brief elevator pitch (roughly 100-150 words) highlighting your business and what services you provide. Please note, this should not be a bio. We are looking for what makes you and/or your business unique.

Please send your pitch along with your name, company name, contact info and a URL link (if desired) to communications@dmarealtors.com.

No strings attached, this is a FREE advertising opportunity!

Just for you 

Three Tier Benefits | ASPCA® Pet Health Insurance ​

As a member of DMAR, you also gain access to member-only benefits and services from the Colorado Association of REALTORS®️ (CAR) and the National Association of REALTORS®️ (NAR).

A plan that’s right for you and your pet. There are two plans from which to choose, providing varying levels of coverage for cats and dogs. Both plans provide great, competitive rates. Premium rates depend on the coverage chosen, geographic location and the species, breed and age of covered pet(s).

NAR members receive 10% off the base rate of the policy premium for one insured pet and an additional discount for two or more pets.

Learn More

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