DMAR Digest | Week of June 14
Must read
Join us for the first in-person event of 2021
DMAR is gearing up to host its first in-person event since 2020 with a fresh take on our Young Professionals Network's (YPN) signature event, the Condo Insider Project. That event sold out three years in a row and we are expecting another great turnout on June 22, 2021 as we host our first-ever New Development Insider, a showcase of new development from luxury condos to custom single-family homes (and everything in between).
John Covert, Senior Regional Director at Zonda, will kick off the afternoon with a brief overview of new home market trends and what to expect for the home building industry. Join us in person (tickets are limited and include breakfast!) or tune in online.
In-Person Ticket Includes:
- Printed copy of our 2021 New Development Insider booklet with details and contact info for all developments featured at the event.
- Recording of event.
- Breakfast.
- Networking.
- ** Ticket sales for in-person attendance will end 24 hours before the event start. Due to COVID-19 restrictions, attendance is limited and tickets will NOT be available at the door. Masks and social distancing enforced on-site.
Virtual Ticket Includes:
- Digital copy of our 2021 New Development Insider booklet with details and contact info for all developments featured at the event.
- Recording of event.
Quote of the week
“Never let the fear of striking out keep you from playing the game."
Babe Ruth, American professional baseball player
Skim this
You have one extra week to apply to become a DMAR Director
We will soon have five spots available on DMAR's Board of Directors, representing the Central, North, South/East and West Districts. Open seats are for two-year or three-year terms (specific term information can be found on the application). The new deadline to apply is 5:00 PM this Friday, June 18th. Apply Here
City and County Market Trends Reports | JUN. '21
Quick look at City and County Market Trends Reports featuring May data. These 48 downloadable reports are comprehensive and a fantastic member benefit. Download Here
It may seem trite, or obvious, but the notion of “Clients First” guides everything we do at 8z. Every decision our agents make and every major brokerage initiative is filtered through this lens: Are we putting our clients’ best interests before our own? And it’s becoming increasingly complicated. Read More
Real Trends June Newsletter | compliments of DMAR
The monthly REAL Trends newsletter features commentary from Steve Murray on the state of real estate and forward-thinking articles from guest contributors such as Larry Kendall of Ninja Selling and Sue Johnson, former CEO of RESPRO. These articles originally appeared in the June 2021 issue of the REAL Trends Newsletter and are reprinted with the permission of REAL Trends, Inc. Read More
Awaiting Lumber Price Relief, Some Builders Delay Projects
Lumber prices may soon start to recede from their recent record highs, and some home builders say they may stop taking new orders or delay projects with that expectation in mind. Read More
Mortgage applications are thinning as summer approaches
For the third week in a row, mortgage applications decreased. Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association.“Most of the decline in mortgage rates came late last week, with the 30-year fixed-rate mortgage declining to 3.15 percent,” said Joel Kan, the MBA’s vice president of economic and industry forecasting. Read More
Buyer burnout a big concern in metro Denver’s heated housing market
Mark Diaz and Cindy Clark placed bids on three different homes this year and have lost every time. With each loss, the couple’s frustration at trying to navigate a housing market that no longer makes sense to them only deepens. Read More
New Agent Mastermind + Meet Your Industry Partners | This Wednesday
If you're new to the real estate business looking to build your connections and polish your networking skills while getting tips and tricks to kick start your real estate career as a new agent, join us for a meet-and-greet with DMAR Industry Partners (i.e. fellow real estate professionals including lenders, title reps, roofers, photographers and more!) plus get tips and tricks from a top producing agent to get your business off the ground. Make connections, build your industry relationships and get free email templates, client intake forms, content strategy tips and business planning tricks for maximum success in your business. Read More
DMAR Connect Powered by the West District | This Friday
We're kicking off the summer with our June Connect all about hot topics for a hot market with three guest speakers: Jessica Lautz, VP of Demographics and Behavioral Insights at the National Association of REALTORS®; Tom Schurer, Chief Relationship Officer at Valucentric; and Scott Peterson, General Counsel at the Colorado Association of REALTORS®. The discussion will include everything from appraisal gaps and inspection waivers to low interest rates, over 60 percent of homes selling for over list price and hyper-demand for inventory. This is the mid-year update on the Denver Metro real estate market you've been waiting for. You'll walk away with tips and tricks to help you set client expectations for the rest of the year heading into 2022. Read More
Resources & services
DMAR staff is working remotely and still available to assist you by phone or email. 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 encourages you to research certifications and designations carefully before committing to earning one. Below you'll find the providers we recommend. As always, we are available to answer any questions you may have. Read More
A call to a real estate lawyer costs an average of $250 per hour. In just one hotline call, you can offset your membership dues! The REALTORS® Legal Hotline is a service which provides members of the Colorado Association of REALTORS® with direct access to a qualified real estate attorney who can offer information on real estate law and related matters. The Hotline provides legal information, not legal representation. Learn More
DMAR has a directory full of real estate professionals of all different backgrounds. If you find yourself in need of a pro, start your search here! Read More
Industry partner spotlight
A CompareTitleCompanies.com Educational Tidbit: Consumers Shop to Save Money!
Whether it’s automobile, health, life, disability, pet and homeowners’ insurances, consumers can easily shop and save money.
The Real Estate Settlement Procedures Act (RESPA), a federal consumer protection law administered by the Consumer Financial Protection Bureau (CFPB), guarantees consumers the right to shop and select their title insurance and closing settlement services provider. RESPA also provides that a real estate broker or mortgage lender cannot require consumers to use a certain title company.
Now, consumers can save even more money by shopping for their title insurance and closing settlement services, when selling, buying or refinancing their homes. Consumers can easily shop - and brokers can effortlessly provide - a substantiated recommendation to their clients by using CompareTitleCompanies.com, a FREE and unbiased resource of available title services and costs.
Just for you
Three Tier Benefits | Colorado Association of REALTORS® Fair Housing Event | This Wednesday
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).
Grow with Gratitude - Stay in touch with your sphere of influence by showing them you care - send them the Gift of the Month with LoLo! Stay top of mind while providing something of value. Enroll clients and contacts into LoLo’s Local Gift of the Month and stay top-of-mind for less than $20/year per contact. (CAR members save up to 13%/year).
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