DMAR Digest | Week of May 24
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Lunch with an Icon Powered by YPN
Interested in attending an exclusive, in-person luncheon with Denver's brightest real estate minds? Introducing our new event series, Lunch with an Icon. Each quarter, 10 Realtor members will have the chance to attend an intimate forum where they can connect with and learn from local and national real estate icons.
Our first guest is Jeff Plous, Broker Owner of Hatch Realty and a 2021 Excellence Awards winner. This is a unique opportunity to hear from one of the most successful individuals in the business, ask questions and network with other engaged REALTORS®. The conversation will be moderated by a member of DMAR's YPN leadership team with plenty of time for Q&A from attendees.
If you are interested in attending, please complete the application below by Thursday, June 3rd. If you are selected to attend, you will be contacted on June 9th.
Quote of the week
“Power, today, comes from sharing information, not withholding it.”
Keith Ferrazzi, American entrepreneur and author of Never Eat Alone: And Other Secrets to Success, One Relationship at a Time
Skim this
DMAR Staff Volunteer Day
On May 13th, DMAR held its first-annual Staff Volunteer Day in partnership with the Denver Housing Authority's (DHA) Resident and Community Services Department. Our team put our core values into action as they spent the day cleaning up community gardens at 12 DHA properties throughout the city to help prepare the resident gardens for planting. Community residents have reached out to DHA staff thanking DMAR for their efforts and stating the areas look beautiful. Read More
4 Ways to Reduce Risk Amid Multiple Offers
Unfortunately, multiple-offer situations can lead to some bumps in the road, said NAR Associate Counsel Deanne Rymarowicz during the Idea Exchange Council for Brokers Forum at the virtual REALTORS® Legislative Meetings on Wednesday. “But if you adhere to some key principles and risk management tips, you can help avoid complaints and fair housing issues while helping both the seller and the buyer understand their offers,” she said. Read More
Are Your Ethics Requirements Up-To-Date?
REALTORS® are required to complete ethics training within a three-year cycle. The current cycle began on January 1, 2019 and ends on December 31, 2021. If you complete your NAR Ethics class online, or through another third party, please send your certificate to membership@dmarealtors.com. Learn More
New Agent Mastermind + Meet Your Industry Partners | June 16th
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. We'll be hosting these monthly meet-and-greets the third Wednesday of every month from 9:00 AM to 10:00 AM at DMAR HQ. This is a free opportunity for DMAR members. Space is limited to 20 Industry Partners and 20 new DMAR REALTORS®, please RSVP to reserve your spot. Free RSVP
What Eye-Popping Inflation Means for Mortgage Rates [Video]
This week we saw eye-popping inflation but also a drop in mortgage rates and unemployment. What does it mean for home buyers and sellers? Realtor.com Chief Economist Danielle Hale explains that and more. Read More
Soaring home prices and unprecedented demand: Denver real estate experts answer your questions
The Denver housing market is sizzling hot and leaving many would-be homeowners out in the cold. Home prices in the Denver metro area soared more in April 2021 than they usually do in an entire year, according to the latest monthly report from the Denver Metro Association of REALTORS®. Median single-family home prices reached $580,000 – a Denver metro area record, the report says. Read More
2021 New Development Insider Presented by DMAR’s YPN
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). Join us in person (tickets are limited and include breakfast!) or tune in online. Register Here
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.
Go Digital With DMAR and Earnnest
Earnnest is the largest digital earnest money service in the United States, allowing your homebuyers to deposit funds directly to an escrow holder. Connected to every bank across the nation, Earnnest saves you and your clients time, while replacing the hassle and risk of checks or wire transfers. Request payments from your homebuyers — at any time, from anywhere. Learn More
REALTOR® Store | Showing Supplies Basket Markdown
Even with the rollout of vaccines, precautions are still important and something your buyers and sellers are expecting. Stay prepared with our Showing Supplies Baskets which are on sale now! Each basket was once $42.95, but can now be yours for only $30! Read More
Industry partner spotlight
A CompareTitleCompanies.com Educational Tidbit #2
There is a Difference in Title Insurance Costs!
Would you pay $850 more than necessary for the buyer’s Owner’s Title Policy on the sale of your home? In most transactions, sellers pay for the buyer’s Owner’s Title Policy, with no coverages or benefits afforded to sellers.
The following are examples of two houses with respective sales prices and potential title insurance premium difference/ savings* for an Owner’s Title Policy:
Example A
Sales Price = $500,000
Title Rate difference /savings* up to $1,010
Example B
Sales Price = $1,000,000
Title Rate difference /savings* up to $1,560
* Title premium differences/ savings are based on available 1 to 7 year filed discounted reissue programs by Title Insurance Companies as of 5-13-2021.
There is a difference in costs and CompareTitleCompanies.com is a FREE resource that can help your sellers to shop, save and select the right Title Company.
Just for you
Three Tier Benefits | Exclusive Healthcare Benefits
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).
For years, one of the most common concerns for REALTORS® has been finding affordable healthcare solutions. We are proud to announce the roll-out of a cost-sharing healthcare solution that we believe will be a great option for many of our members. This cost-sharing solution is now available to DMAR members for a cost averaging 30-60% less than purchasing traditional health insurance. It is made up of two parts:
1. Redirect Health, which provides medical care coordination, prescription benefits, vision and dental discounts, and unlimited 24/7 access to doctors via IM, telephone, or video conference.
2. Sedera, which addresses large medical costs like accidents, cancer treatment, surgeries, etc.
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