DMAR Digest | Week of July 20
Must read
Apply Now! CAR, NAR and REcolorado Director Positions
The DMAR Board of Directors is seeking to fill the following positions:
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Two NAR positions for a term of one or two years beginning December 1, 2020
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Two CAR positions for three-year terms beginning December 1, 2020
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Two REcolorado positions for three-year terms beginning November 1, 2020
Applications must be submitted by 5:00 PM on Friday, July 24th.
This is a great opportunity to get involved at a leadership level, as well as take advantage of the chance to proudly represent the interests and concerns of your fellow members.
Quote of the week
“Write it on your heart that every day is the best day in the year. He is rich who owns the day, and no one owns the day who allows it to be invaded with fret and anxiety."
Ralph Waldo Emerson, American philosopher and essayist
Skim this
How We Are Changing
As a follow up to our previous diversity statement that was shared with members on June 4th, we wanted to provide an update regarding the actions we will be taking in order to ensure we do our part as advocates of change to make our world and our community better. Read More
Service is key: Sentrilock readies a new showing platform
Most real estate professionals know SentriLock as the premier lockbox provider in the industry and the official lockbox solution of the National Association of REALTORS® (NAR). The company is a prime example of how market demand and innovative technology can blend to provide the industry with better competition and more options. Read More
It’s official: The U.S. won’t see a housing bubble crash anytime soon
As long as purchase application data stays flat to positive on a year-over-year basis, housing will be fine in 2020. We have a lot of work left to do in this country. In the meantime, let go of the bubble crash thesis, because the reality is it wasn’t going to happen in 2020, even with a pandemic. Read More
Lenders Oppose Federal Effort to Weaken Housing-Discrimination Rule
Banks and mortgage lenders are urging the Trump administration to scrap a plan to water down an Obama-era regulation aimed at combating discrimination in housing, saying it is inappropriate amid the national reckoning on race. Read More
Home Offices Are Sprouting in the Backyard
As remote working grows more common, homeowners are trying to carve out more space, indoors and out, for a dedicated home office. When space is tight or household noise is too loud, some homeowners are taking their office outside. The backyard home office is a growing trend, The New York Times reports. Read More
Average U.S. mortgage rate falls below 3% for the first time
The average mortgage rate fell to 2.98% this week, breaking the 3% threshold for the first time, as investors concerned about a resurgence of the COVID-19 pandemic fled to the safety of the bond markets and the Federal Reserve continued to scoop up securities backed by home loans. Read More
U.S. home sales exceed pre-pandemic levels for the first time
Demand is being propelled primarily by record low mortgage rates; the average 30 year fixed rate was down to 3.03% for the week ending July 9. Read More
Low Mortgage Rates Could Hurt First-Time Home Buyers for Years To Come
Record-low mortgage interest rates have been a boon for buyers on a budget, even luring those who have been on the sidelines into the housing market. But that influx of buyers has made an already severe housing shortage worse—and the impact of those low rates on the housing supply is likely to reverberate well into the future. Read More
Why I Disagree with Westword and CoreLogic
CoreLogic released a report this week that Westword quoted and everyone is talking about. CoreLogic estimated Denver to lose 10% by spring of 2021. Yep, your clients are reading this and questioning if now is the right time to buy. (P.S. maybe use this article to push your sellers .. we NEED the inventory!) But back to buyers… Read More
August 27 | Focus on the Future: A Look at the Changing Landscape of Brokerages
The real estate brokerage model as we know it is facing change in more ways than one. Amid all this change and noise, how do you stay relevant not just now but in the future, too? Join us and find out! Register Here
We're still here for you
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-Wide Virtual Connect Meetings
Join us on the second and fourth Thursday of every month for a DMAR-Wide Virtual Connect Meeting. No matter which District you belong to everyone is invited to join us and connect! View Calendar
Visit Our Online REALTOR® Store
We are now offering curbside pick-up (by appointment only) for all REALTOR® Store purchases. Please view our inventory online and then call one of our four locations to place an order. We will take payment over the phone and schedule a time for you to pick-up your order. We have also restocked our Showing Supplies Baskets. Get them before they're gone! Learn More
Virtual Classes Through PEAK
Professional development and continuing education credits are essential to keep your real estate business top-notch. DMAR has made it a priority to keep classes going online so there's no slowdown to your progress. View Calendar
Follow us on Facebook for Updates and News
Be sure to follow us on Facebook, Twitter, LinkedIn and Instagram for trending news about COVID-19, the economy, our communities and our industry at-large.
Just for you
Three Tier Benefits | The REALTOR® Advantage, Is Your Agent a REALTOR® Brochure
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).
Help Your Clients Understand the REALTOR® Advantage
This brochure was created with support from the That’s Who We R® campaign and helps support the messaging that whether buying or selling, REALTORS® bring value to the process. The brochure was designed for you to provide to your clients to share who you are as a REALTOR® and what you stand for, with sections on:
What it means to be a REALTOR®
Asking your REALTOR® the right questions
Honesty and Integrity, Insights and Expertise
Plus, it highlights the value that REALTORS® bring to the home buying and selling process.
This product replaces the It Pays to Work with a REALTOR® brochure and offers new insights into what sets REALTORS® apart and the importance of choosing the right person to represent you in your real estate transaction.
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