DMAR Digest | Week of February 22

Check out the featured content, get the scoop with top news stories from the blog, mark your calendar for upcoming events & classes and catch up with the most buzz-worthy social posts from your Association.

Must read

LAST CHANCE: Excellence Awards applications due Friday

This is the last week we will be accepting applications for the 2021 Excellence Awards which means you only have 5 days left to be considered for an award or to nominate a colleague. These awards have a long tradition of recognizing the best of the best in the Colorado real estate community. Whether you're a seasoned pro or new to the industry, this is your chance to be on the cutting edge of the largest REALTOR® awards show in the state. APPLICATION CATEGORIES (click on a category to apply)

To be considered, your application and/or nomination must be submitted by this Friday, February 26th at 5:00 PM - no exceptions! 

Apply or Nominate 

Quote of the week

“If you always put a limit on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.

Bruce Lee, Chinese-American martial artist, actor and philosopher

Skim this 

Black-Owned Real Estate Companies to Support

If you are wondering what you can do as an ally to support the Black community beyond pressing the “like” button on social media or making a donation, here's the next step. Support Black-owned businesses. To help, we’ve rounded up a list of local, black-owned real estate companies. Read More

Lumber Prices Surge to Another Record High

The price of lumber hit a record high last week and is up more than 170% over the past 10 months. That is prompting builders to have to raise new-home prices as soaring lumber costs add thousands of dollars to the price of building a new home, the National Association of Home Builders reports. Read More

Home Builder Confidence Improves, but High Construction Costs Remain a Concern

The National Association of Home Builders’ monthly confidence index rose one point to a reading of 84 in February, the trade group said this week. The modest increase comes after two consecutive months where the index has dropped. Read More

SentriKey to Provide a Seamless, Secure Property Access Experience

Many brokers and agents will soon have a new showing-service option. SentriLock LLC, a leading real estate tech provider, has announced that it will launch its SentriKey Showing Service product for all of its current lockbox customers on March 31. It will be widely available to all REALTOR® associations and multiple listing services later in the year. The service will be available to all agents and brokers, regardless of which lockbox provider your MLS uses. Read More

Americans’ mortgage debt increased to $10T in Q4

Overall household debt increased by $206 billion in the fourth quarter of 2020 to $14.56 trillion, according to the Federal Reserve Bank of New York. The Fed said that increase was primarily driven by a dramatic increase in mortgage originations. Mortgage debt balances broached the $10 trillion mark in the fourth quarter, increasing by $182 billion from the third quarter to $10.04 trillion at the end of December, the Federal Reserve Bank of New York’s Center for Microeconomic Data said Wednesday. Read More 

Resources & services

Free DMAR March Connect: All things lead generation & marketing

For our March DMAR Connect we're doing a deep dive into lead generation and marketing. Kenny Truong, the #FASTAGENT based out of Oakland, will share all of his pro tips, tricks and best practices for investing in your success through paid lead-gen. For our free lead generation perspective, we'll be joined by Shay Hata from Berkshire Hathaway HomeServices Chicago who earns $60 million a year in sales and spends zero dollars on lead-gen. Free RSVP

Real Estate Mastery Sessions from DMAR [free video series]

Our newest video series is growing! We now have five videos for you to watch, ranging from 20 minutes to nearly two hours. Each video features local and national experts covering topics such as consumer trends, marketing and business planning tips, setting expectations for buyers in a volatile market, proper client engagement, lead generation, content creation, tips for new agents and more. Watch Here

Advertise on the DMAR Website

There are only 2 out of 9 advertising spots left on our website. If you are interested in boosting your exposure to Denver Metro real estate professionals, email communications@dmarealtors.com and secure a spot on the site. Learn More

DMAR + Earnnest [Recorded Webinar]

DMAR and Earnnest have come together to give DMAR members fee-free Earnnest transactions for a limited time! Convenient, digital payments have always been free for agents and escrow holders, with a flat $15 fee to homebuyers. Now, for the month of February Earnnest is waiving the transaction fee for all DMAR member transactions. Watch Webinar

Exclusive Healthcare Benefits for DMAR Members

As a benefit to you, enrollment in this program is now available to all DMAR members - REALTORS® and Industry Partners - as well as their families (whether the member enrolls or not). 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; and 2. Sedera, which addresses large medical costs like accidents, cancer treatment, surgeries, etc. Learn More

Industry Partner spotlight

Industry Partner Members: Step into the Spotlight! To be featured, please submit a brief elevator pitch (roughly 100-150 words) highlighting your business and what services you provide. Please note, this should not be a bio. We are looking for what makes you and/or your business unique. Please send your pitch along with your name, company name, contact info and a URL link (if desired) to communications@dmarealtors.com. No strings attached - this is a FREE advertising opportunity!

Just for you

Three Tier Benefits | Liberty Mutual

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). Liberty Mutual is NAR’s exclusive auto, home and renters insurance provider, offering quality coverage, expert advice and special discounted savings of up to 10% for NAR members. Here’s what this means for you: 

Benefits & Highlights for ​NAR Members

  • Switch and you could save $842 on your auto and home insurance.
  • Convenient payment options, including automatic checking account deduction or direct billing at home, so you can choose what works best for you.
  • 24-Hour Claims Assistance to quickly handle your claim. Contact us anytime by phone, online, or via our Mobile Claims App.
  • 24-Hour Roadside Assistance to get you moving again if your car ever breaks down.
  • Personal Property Replacement Cost to ensure you’ll be paid the actual amount to replace damaged items.

Visit Liberty Mutual or call 1-800-809-9778 for a free, no-obligation quote. Be sure to mention your NAR membership and client #004639 to receive savings.

Learn More

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