DMAR Digest | Week of December 5
Must read
Excellence Awards 101: Special Virtual Workshops | Dec 8 + 14
Are you ready to apply for the 2023 Excellence Awards? The guidelines have been updated this year and we want to make sure you and your office are in the know. Join us for a special one-hour virtual workshop where we'll go over all the do's and dont's of applying so you can make sure your application is accurate and won't end up in the disqualified pile. We'll review the guidelines and 2023 updates, the rules for submitting an application and the best ways to submit your production reports. The workshop will cover individual, partnership, team and office applications as well as special recognition awards including Realtor® of the year, Industry Partner of the Year and a brand new award, The Pathways Award. Mark your calendars and join - trust us, this is a workshop you won't want to miss!
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December 2022 Holiday Social Graphics [Downloadable]
In search of content for your social media feed this holiday season? We've got you! Download your FREE graphics for all the big holidays in December and January so you can keep your content fresh but skip the hassle - and save yourself some time - making them yourself. Read More
What is a recession? | Recessions and the Housing Market
What is a recession, and are we in one? What are the leading economic indicators that constitute a recession? And what effects do recessions have on mortgage rates? I dive into all this so that you can better understand how recessions work and what effects they have on YOU! Watch Now
Why Your Business Plan Should Address Burnout Prevention
As the year comes to an end, it’s a time to reflect on all you’ve accomplished and all you strive to achieve in the new year. This time of reflection may bring a mix of emotions, from gratitude to disappointment. But whatever feelings arise, remember that building a successful life and career takes time, consistency and, above all, strategy. Read More
U.S. Pending Home Sales Drop for Fifth Straight Month in October
On a year-on-year basis, pending home sales were down a sharp 37%. Sales fell in three of the four regions, with the Midwest registering an increase. Sales have stalled as mortgage rates have jumped, making houses less affordable. Pending home sales are a leading indicator for the sector. Some economists think that buyers might return to the market as mortgage rates have plateaued. Read More
Hope for Turnaround After Contract Signings Fall Again
Pending home sales fell for the fifth consecutive month in October as rising mortgage rates brought many housing markets to a halt. But now that rates show signs of stabilizing, economists say more home buyers—particularly first-timers—may gradually return to the market. Read More
NAR Offers White House Solutions to Fix Inventory Crisis
In an effort to keep housing inventory a top legislative priority following the midterm elections, National Association of Realtors® CEO Bob Goldberg met with White House officials and real estate industry leaders last week to discuss possible solutions to the supply crisis, which is battering affordability and sidelining more buyers. Realtors® have developed a blueprint for addressing severe inventory shortages and are advocating for legislation on Capitol Hill to help more Americans afford homeownership. Read More
DMAR Real Estate Market Trends Report | DEC. '22
The Denver Metro housing market is changing. The question on everyone’s mind is how long this change will last and what to expect next year. Most of the answers are tied directly to when we will see relief from increasing mortgage rates that have more than doubled since January. Ultimately, the spring market will be the best indicator of what the New Year will have in store for us, but the Denver market continues to exhibit stability as showcased in the data this month. Read More
[INFOGRAPHIC] Market Trends Overview | DEC. '22
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
Is This Investment in a Home a Good One? | Guest Post
Due to its high correlation and dependence on interest rates, real estate was the first industry to go into a recession. Builders and refinance lenders felt it first and, as early as April, the reality of higher rates slowed demand dramatically. Read More
Resources & services
Wednesday | YPN Presents: Know Before You Owe
2022 is coming to an end and we all know what that means... tax season is coming! To help us all out, we’ve reached out to two experts from Lutz | Hoenig CPAs Accounting Firm who are here to help us ace our taxes (and avoid a costly audit). They'll share all the basics when it comes to taxes, things to avoid, how to maneuver common tax hurdles plus their end-of-the-year tax planning strategies and how you can apply these to your own business. If you want to have a smoother tax filing this year... don't miss this free workshop! Free RSVP
Thursday | Excellence Awards 101: Special Virtual Workshop
Are you ready to apply for the 2023 Excellence Awards? The guidelines have been updated this year and we want to make sure you and your office are in the know. Join us for a special one-hour virtual workshop where we'll go over all the do's and dont's of applying so you can make sure your application is accurate and won't end up in the disqualified pile. We'll review the guidelines and 2023 updates, the rules for submitting an application and the best ways to submit your production reports. The workshop will cover individual, partnership, team and office applications as well as special recognition awards. Free RSVP
12.14 | Meet + Mastermind: Business Planning Made Simple
Navigating the market may be complicated but your business plan shouldn't be. Don't miss this interactive workshop with Eric Thompson, Founder of The Leading Edge Academy, who'll guide you through a proven, straightforward process of creating a clear action plan so you can hit your goals for 2023 and beyond. You'll also learn how to keep your business plan active throughout the year and adapt it as needed. Free RSVP
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 | NAR Travel Club
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).
NAR Members can enjoy a best-in-class travel platform with free access to full-service travel booking capabilities including hotel, resort, car, and air.
Member Benefit: Enjoy hotel savings of up to 60%* and book your travel from start to finish with NAR Travel Club.
For Your Clients
NAR Travel Club also provides access to Resort Vacation Certificates which members can access directly from the NAR Travel Club website and use for their personal travel or pass along as closing gifts to their clients. Resort Vacation Certificates offer weekly resort stays with future bookings at $315 per certificate. Purchase in bulk at 25 or more for just $225 each!
Enjoy More with Premium Membership
NAR Travel Club will also offer a premium membership with upgraded travel options. Premium members can enjoy hotel savings up to 60% and an expanded product offering with savings on cruise, tickets, shopping and more!
