DMAR Digest | Week of July 12
Must read
Master the Art of Real Estate Branding | July DMAR Connect
Having a logo is great, but there’s a whole lot more that goes into effective real estate branding. Do you have a brand? What about a niche or a community?
Join us Friday, July 16th for a FREE panel discussion and learn how to master the art of real estate branding. Our four panelists - Amy and Scott Grossman, real estate transition specialists with Grossman Dream Homes at Madison & Company Properties, and Joseph and Jessica Dominguez, affordable housing specialists with Love Thy Neighbor and the 2019 DMAR Community Service Award recipients – will share tips and tricks on how to develop a brand and how to maximize its value to grow your business. Lori Pace, DMAR Director and REALTOR® at Kentwood Real Estate City Properties, will be moderating. Bring your questions and join the conversation!
Quote of the week
"Start by knowing what you want and who you are, build credibility around it and deliver it online in a compelling way."
Krista Neher, Best-selling author, speaker and entrepreneur
Skim this
2021 DMAR Inaugural Installation | Early Bird Tickets on Sale NOW
Join us on September 30th at the Denver Athletic Club Grand Ballroom 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!). We'll be joined by our special guest and Emcee for the evening, Lynette Woodard, the first woman to play on the Harlem Globetrotters and a two-time Olympian who led the Americans to the gold medal in 1984. Read More
Gentrification in Colorado - Changing Neighborhoods [July 13]
Free panel with experts from across the state to discuss the history of gentrification and solutions going forward to embrace inclusive development. Read More
Real Trends July 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 July 2021 issue of the REAL Trends Newsletter and are reprinted with the permission of REAL Trends, Inc. Read More
Denver real estate: Median home price hits record, but could bidding wars be cooling?
The median price of a single-family home sold in metro Denver in June reached a record $600,000, but a surge in new listings contributed to a record monthly jump in the number of homes available for sale, according to a monthly update from the Denver Metro Association of REALTORS®. Read More
Foreclosure Spike Unlikely as Owners Exit Forbearance
The national forbearance moratorium for federally backed mortgages is nearing an end on July 31. But most homeowners will exit with a payment plan in place, and a foreclosure spike that has any significant impact on the health of the housing market is unlikely, housing analysts say. Read More
Mortgage applications fall for third straight week
Kan said the 30-year fixed rate was 11 basis points lower than the same week a year ago, and refinance applications have trended lower than 2020 levels for the past four months. Those who are filling out purchase mortgage applications are requesting bigger loan amounts, but there are fewer applicants. It has most acutely affected first-time homebuyers. Read More
Fannie Mae: Sellers still thriving as home prices stay high
Sellers, rejoice. Roughly 77% of respondents to Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, said now is a good time to sell. That’s up from 67% the prior month. To boot, a reported 64% of survey respondents said it’s a bad time to buy a home, up from 56% last month. 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.
Membership Dues Billing Starts Soon
In an effort for dues billing and collection to go as smoothly as possible, please make sure that DMAR has your current email address and contact info. If you need to update any of your information, you can fill out this form or email help@dmarealtors.com.
August is DMAR Member Appreciation Month
Throughout the month of August, we want to say THANK YOU for being a part of the DMAR family. We know you have a choice of which Association you belong to, and we thank you for choosing DMAR. Your annual investment helps fund exclusive REALTOR®-only benefits that streamline your business and save time and money for not only you but your clients as well. As a token of our appreciation, we want to offer you special perks all month long! Learn More
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
Industry partner spotlight
A CompareTitleCompanies.com Educational Tidbit: What about Affiliated Business Arrangements, and should consumers still shop and compare?
Affiliated Business Arrangements (AfBA) exist when a Broker has an affiliated relationship with or a direct or beneficial ownership interest in a Title Company. With this type of relationship, the Real Estate Settlement Procedures Act (RESPA) requires a specific AfBA disclosure be provided to consumers, disclosing such relationship, along with a price range for its services and the following recital:
“There are frequently other providers who offer the same services, and you should shop around to see that you are getting the best services at the best rates."
AfBAs generally promote the benefits of a one-stop shopping solution for consumers, which may or may not be in the consumer’s best interests. Brokers looking out for their client’s best interests should inform clients about CompareTitleCompanies.com, a FREE and simple to use resource in shopping and comparing title insurance services.
Just for you
Three Tier Benefits | 1-800-GOT-JUNK?
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).
Founded in 1989, 1-800-GOT-JUNK? makes the ordinary business of junk exceptional. We create space and peace of mind when junk gets in the way. Whether you’re preparing a home to stage, cleaning a property before handing over the keys, or passing on the discount for your clients to use during their move - let 1-800-GOT-JUNK? do the work for you. In keeping with our environmental goals to divert items from the landfill wherever possible, we will donate items to charity and recycle.
NAR members and their clients receive $50 off junk removal service using code NAR50.
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