DMAR Digest | Week of September 20
Must read
New (and FREE) Member Benefit: The SafeShowings app is now FREE to DMAR Realtor® members
The SafeShowings app provides an easy, mobile way for real estate professionals to scan in visitors’ driver's licenses prior to showing a home. The app stores an image of the individual’s license alongside the listing info and agent information. It keeps an ongoing list of people who have entered the home and when they were there, which can then be accessed via the app or on the web. This smart and simple app helps keep you safe during showings. Plus, it deters criminal behavior because you have photos and contact info of all the potential buyers.
The SafeShowings app was developed by a Realtor® in Charleston, South Carolina after she experienced a situation that made her fear for her personal safety. Since its launch in the App Store and Google Play in April of 2020, the SafeShowings app has been used by nearly half a million people.
Quote of the week
“When you help others feel important, you help yourself feel important too.”
David J. Schwartz, American author and motivational speaker
Skim this
12 Ways to Dramatically Increase Your Home Resale Value | Guest Post
How do you convince them to pick your property, and at the price you want? In this article, we’ll look at simple renovations that increase the value of your Denver home. You’ll improve its curb appeal, and attract more affluent buyers who are willing to spend more for their “dream home.” Read More
2021 DMAR Inaugural Installation
Join us on September 30th at the Denver Athletic Club Sundeck as we celebrate our Association, honor our achievements and welcome our 2021-2022 Board of Directors and incoming Chairman of the Board, Milford Adams. This won't be your typical stuffy inaugural event. We're gearing up for a full-blown Inaugural PARTY! There'll be good food and even better company, plus a DJ and dance floor (we're ready to see your dance moves!). Register Here
City and County Market Trends Reports | SEP. '21
Quick look at City and County Market Trends Reports featuring August data. These 48 downloadable reports are comprehensive and a fantastic member benefit. Download all the reports with one click below. Read More
Bidding Wars Reach Their Lowest Level This Year
Competition for homes on the market is lessening, which could provide an opening for home buyers who have been losing out amid this year’s bidding wars. In August, about 59% of offers on homes written by Redfin agents faced competition, which is a record low for this year and the lowest level since 2020, according to a Redfin analysis. That’s down from a peak of 74% in April. Read More
Mortgage Rates Remain Near Record Lows—So Why Are Buyer Applications Falling?
Mortgage rates edged slightly higher but remained close to all-time lows, despite disappointing economic reports over the past week. The 30-year fixed-rate mortgage averaged 2.88% for the week ending Sept. 2, up one basis point from the previous week, Freddie Mac reported Thursday. Mortgage rates are now above their level from last year — a year ago, the 30-year loan averaged 2.86%. Read More
Treasury removes restrictions on investment properties
The Treasury Department and FHFA announced Tuesday that they are suspending certain requirements that were added in January to the Preferred Stock Purchase Agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac. Under those requirements, Fannie Mae had restricted its acquisition of loans secured by second homes and investment properties to 7% of its total single-family acquisitions and applied stricter underwriting to those loans. Read More
The Results are in...
DMAR was recently been given an additional NAR Director position because of an increase in our membership numbers (we're 8,000+ members strong!) We were fortunate to have several highly qualified applicants for this position and want to say thank you to all of those who applied and congratulations to our newly elected NAR Director, Larry Hotz!
Resources & services
Dues are Due! Renew by September 30th
The time has come for you to renew your membership with DMAR. We know you have a choice of which Association you belong to, and we want to say THANK YOU for choosing DMAR. We hope you will allow us to continue to serve you by renewing your membership today. The deadline to pay is September 30, 2021. Please note, a late fee will be assessed for all payments made after October 17, 2021. Join/Renew Here
Connect with us Online
Are you following DMAR on Facebook and Instagram yet? These channels are a fantastic way to stay up to date on the latest news, resources, events and more. We also provide you content to share on your own platforms so you can keep your clients in the loop, too.
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.
Industry Partner spotlight
CompareTitleCompanies.com Educational Tidbit
How many Title Companies are you aware of?
Did you know there are approximately 30 licensed title companies in the Denver Metro Area? And their costs and afforded business protections can significantly vary among these companies. CompareTitleCompanies.com provides a listing of 17 title companies listed on its Comparison Summary page to review, which is FREE, easy to use and takes less than five minutes.
How many title companies do you review and recommend to your clients, or do you just recommend your favorite one? Live up to your client’s expectations and check out CompareTitleCompanies.com.
Just for you
Three Tier Benefits | Realtor Benefits® Program
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).
Don't Settle for a Poor Healthcare Plan!
For many DMAR members, finding affordable healthcare is hard. As a result, many settle with a poor plan, an overpriced one, or give up and go without, taking catastrophic risks.
A new solution is available through your DMAR membership that provides exceptional access to high-quality care at a low monthly cost! This approach to healthcare gives our members peace of mind knowing they and their families will always be able to get the care they need when they need it – 24/7 – at a price that fits their budget.
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