DMAR Digest | Week of July 19
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Apply Now! CAR, NAR and REcolorado Director Positions
The DMAR Board of Directors is seeking to fill the following positions:
- Two NAR Director positions for a term of one or two years beginning December 1, 2021
- Five CAR Director positions for three-year terms beginning December 1, 2021
- One REcolorado position for a three-year term beginning November 1, 2021
Applications must be submitted by 5:00 PM on Friday, July 30th.
This is a great opportunity to get involved in a leadership position, as well as take advantage of the chance to proudly represent the interests and concerns of your fellow members.
Quote of the week
"It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things."
Leonardo da Vinci, Italian painter, draftsman, sculptor, architect and engineer
Skim this
Lumber Prices Are Way Down—But Don’t Expect New Houses to Cost Less
Prices for two-by-fours surged in May to more than twice their previous record, set three years ago when there were about 15% fewer homes being built. But wood prices have since plunged back to levels resembling those before lockdowns cut supplies short and boosted demand. Read More
Mortgage applications jump 16%
After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The prior week‘s report showed a 1.8% drop in applications to the lowest level since January 2020. The sudden increase in applications was driven “heavily” by increased refinancing as mortgage rates dipped again, said Joel Kan, MBA associate vice president of economic and industry forecasting. Read More
Denver home-ownership “totally out of reach” for low-income earners, according to one assessment
The median closing price for homes in this city landed at $545,000 last month, according to the Denver Metro Association of REALTORS®. All kinds of workers probably couldn’t afford at least half of the houses and condos that sold in June. (A quick math refresher, “median” means there were an equal number of sales below and above $545,000.) Read More
Denver housing inventory increased 50% from May to June
DMAR's latest data show that while Denver's housing inventory is still historically low, inventory and new listings were both significantly up in June compared to May. Why it matters: Denver buyers have been facing all-out bidding wars for the last six-plus months. Any relief, no matter how temporary, will give them slightly more power. Read More
City and County Market Trends Reports | JUL. '21
Quick look at City and County Market Trends Reports featuring June data. These 48 downloadable reports are comprehensive and a fantastic member benefit. Download all the reports with one click below. Read More
Become a 2021 Wired Summit Sponsor
Want to be in front of a large and engaged group of businesswomen who are serious about forming relationships to build their businesses? That’s precisely what you’ll get by becoming a sponsor of Wired. Read More
Become a 2021 Inaugural Sponsor
This is an exciting opportunity to get in front of DMAR leadership, members & industry influencers. By participating as a sponsor, you are demonstrating your corporate support for our Association, our Board of Directors and our incoming Chair. Read More
2021 DMAR Inaugural Installation | Early Bird Tickets on Sale
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
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
REALTOR® Store | New Hours
DMAR's REALTOR® Stores are now open for in-person purchases at all three of our office locations - DMAR HQ, DMAR North and DMAR West. We have recently expanded our hours of operation:
DMAR HQ: Open Tuesday through Friday, 8:00 AM - 5:00 PM
DMAR North Office: Open Thursday & Friday, 8:00 AM - 5:00 PM
DMAR West Office: Open Wednesday & Thursday, 7:00 AM - 4:00 PM
Industry partner spotlight
A CompareTitleCompanies.com Educational Tidbit: Getting a New Listing - Recommending a Title Company?
Do you have the intention of recommending, using and showing your preferred title company in the MLS, which is usually the same title company? If you're not comparing services and costs, how can you be representing your seller’s best interests?
Real Estate Commission CP-34 advises brokers to provide the names of three title companies to consumers. Also, RESPA provides the consumer the right to shop and choose their title company. Did you know that CompareTitleCompanies.com can provide you and your seller a “Comparison Summary of Title Companies” in about five minutes? And it’s free!
Start using CompareTitleCompanies.com and provide your sellers with an accurate and substantiated recommendation of title companies for them to select from for the sale of their home.
Just for you
Three Tier Benefits | Dell Technologies
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).
Dell is an American multinational computer technology company and is one of the largest technological corporations in the world. Dell meets your personal and professional computing needs with both home and business class products.
NAR members receive exclusive member discounts on select Dell products from Dell’s Consumer and Small Business lines, including:
- Notebooks
- Laptops
- Desktops
- Servers
- Electronics and accessories
- And more
Dell also offers NAR members free U.S. ground shipping, and access to additional business benefits, including a free technology consultation with an experienced small business advisor trained to recommend solutions tailored to needs, preferences and budget.
NAR members and their clients receive $50 off junk removal service using code NAR50.
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