DMAR Digest | Week of April 25
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Rentspree | Fast, Free & Secure Electronic Tenant Screening
DMAR's proud to provide this fantastic DMAR benefit so you have more resources for your homeowners interested in renting.
RentSpree is free of charge for agents, brokers and landlords – renters pay only the fee for a soft credit check that will not impact their credit score. No more paperwork, no more chasing down application fees, no more exposure to applicant SSNs.
Here's How It Works:
- Request Applications. Simply enter all applicant email addresses on RentSpree and application requests are sent automatically. You will also receive your own application perma-link that you can copy and share with applicants.
- Renters Complete Applications. Renters receive an email from RentSpree with a link to apply. Renters fill out the online application, undergo TransUnion tenant screening, and pay a $30 application fee.
- View Full Applications. You will receive an email notification once an application is submitted. All screening reports are available to you within seconds.
- Communicate with Applicants. Secure messaging is now available within RentSpree for clarification on completed reports. Once ready, you can accept or reject applicants directly from the platform.
- E-Sign Lease Agreements. Upload lease agreements & documents and set up document fields. Securely send documents out for electronic signature to multiple parties
Quote of the week
“If there is no struggle, there is no progress."
Frederick Douglass, American social reformer, abolitionist, orator, writer and statesman
Skim this
South/East Director Position Open | Deadline is TODAY at 5 PM
The DMAR Board of Directors is seeking one (1) new South/East District Director. The position will begin immediately upon a vote by the Board of Directors and run through September 30th, 2023. This is a great opportunity to get involved at a leadership level within the Association, as well as take advantage of the chance to proudly represent the interests and concerns of your fellow members. Read More
Digging Deeper: Year-to-Date Zip Code Report
The DMAR Market Trends Committee examined the year-over-year changes in average close price, median close price, number of closed transactions and days in MLS by zip code from January 1, 2022 to March 30, 2022. Read More
NAR: Home Sales Reflect Impact of Rate Hikes
As mortgage rates rise, some home buyers are starting to back away from the higher costs of ownership. Existing-home sales fell in March, the second consecutive month for declines, the National Association of Realtors® reported Wednesday. Still, with limited housing stock for sale, homes continue to sell fast and for higher prices. Read More
Homeowners May Be Reluctant to Give Up Low Mortgage Rate
About half of homeowners with a mortgage have a rate under 4%. That is significantly below today’s rates of 5%. Such enticing rates could incentivize homeowners to stay put in their homes longer. They may not want to give up an ultra-low rate—many of whom may have snatched up a rate over recent years that was below 3%. Read More
Existing-Home Sales Fall as Soaring Interest Rates Scare Off Home Buyers
Existing-home sales decreased 2.7% between February and March, dropping to a seasonally adjusted, annual rate of 5.77 million, the National Association of Realtors® said Wednesday. It was the second consecutive month in which sales fell. Compared to a year ago, sales were down 4.5%. Despite the decline, existing-home sales came in ahead of expectations. Economists polled by MarketWatch had projected existing-home sales to settle at 5.75 million. Read More
Fannie Mae cuts origination projection, forecasts recession in 2023
Fannie Mae has lowered its mortgage origination forecasts for 2022 and 2023 due to the Federal Reserve’s (Fed) aggressive inflation-fighting monetary policy and corresponding volatility in the mortgage market. Fannie’s Economic and Strategic Research (ESR) Group dropped its projected single-family mortgage origination volume for 2022 from $3 trillion to $2.8 trillion. It also downsized the 2023 forecast from $2.7 trillion to $2.4 trillion. To compare, in 2021, the total was $4.5 trillion. Read More
Resources & services
Realtor® Toolbelt | Join us May 10th
This is a FREE vendor expo so you can learn what services DMAR Industry Partners can offer you - and your clients. Prizes will be given away while attendees enjoy breakfast (plus bloody mary's and mimosas), mingle and grow their contact list with some of the best in the business! Come network and build your real estate connections with everyone from lenders, roofers and interior designers to builders, stagers, photographers and everyone in between. Read More
Realtor® Toolbelt Sponsorship Opportunities
Reach a captive audience of new Realtor® members looking to build their real estate support team at our Realtor® Toolbelt event which will take place on May 10th at the Curtis Ballroom at the Landmark Greenwood Village (located above Comedy Works). Read More
Share You Community Service Efforts Using #DMARvolunteers
Are you doing good in the community? We want to hear about it! When you share your volunteer work on social media, use #DMARvolunteers so we can share it on our platform too. We want to help you get the word out about how you're giving back.
DMAR Staff is Here to Help
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.
DMAR Staff is Here to Help
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.
Just for you
Three Tier Benefits | Blueprint for Homeownership [PDF]
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).
Thanks for helping us make our first-ever Housapalooza a success! This was a great consumer-facing, educational event for first-time homebuyers in metro Denver. Attendees received a digital resource guide with great information and resources.
Missed the event but want to view the resource guide or share it with your clients? Click the button below to view/download. You can also learn more about Housapalooza, here.
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