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Monday, August 12, 2019

Weekly Update for Members and Affiliates

Third quarter billing for Board Services went out August 1.

Payments are due no later than August 31 to avoid a late fee.


***Janna will be out of the office August 12th & 13th

to attend NAR's Leadership Summit.***


THIS WEEK - Details Below

  • MONDAY: Envision Montrose 2040: Parks, Trails, & Open Space; Recreation & Tourism, 6:30 pm @ City Hall

  • TUESDAY: Blood Drive, 1pm-3pm @ Keller Williams, Montrose

  • Delta County Board of REALTORS® is seeking an Executive Officer. For a full position description, email dcbor@qwestoffice.net. Background check required.

GENERAL MEMBERSHIP MEETING

August 29, 9am @ the MAR offices:

  • Q&A with Alpine Association Benefits regarding CAR's new health insurance option

  • Safety discussion with Montrose Police Department

*Breakfast will be provided, so please email Janna if you plan to attend.


HEALTHCARE SOLUTIONS from CAR

https://www.montroseassociationofrealtors.com/healthcare

EDUCATION

MONTROSE

Lunch & Learn with Ben from CREN

Topics: InfoSparks, HomeSnap's New Features, Collaboration Center

Thursday, August 22, noon - 1pm

REGISTER @ https://forms.gle/rRFSXWn8JdtYr4X86


Bruce Gardener

Seller Mastery, Friday, September 20, 8:30-noon, $45

Geographic Farming, Friday, September 20, 1pm-3pm, $25

REGISTER @ http://www.strategybox.net/register-for-a-class/register-for-classes-in-grand-junction-and-montrose/


CAR General Counsel, Scott Petersen!

10 Things For REALTORS®, Wednesday, October 9am-noon

REGISTER HERE


DELTA Delta continuing education classes are held at the DCBOR offices, 724 Main Street in Delta, unless noted. For all classes in Delta, register here.


September 25, 2019 Annual Update Class (CREC), 8:30am-12:30pm

Safe, Never Sorry with Connie Tremblay, 1pm-4pm


October 18, 2019

Due Diligence: We're Now Under Contract...Now What? with John Gillam, 8:30am-12:30pm The Ethics & Legalities of Social Media & Advertising 3 Hrs with John Gillam, 1pm to 4pm

(This meets the NAR Code of Ethics Requirement for CONTINUING members. New Members are still required to take a standard Ethics class for credit.)


December 13, 2019 @ Bill Heddles in Delta.

Annual Update Class (CREC) - 8:30 - 12:30

The New Listing with John Wendt II | 1-4 pm


BROKER TOUR

Join us as we tour new listings while networking with MAR colleagues.

*Leaves at 2 pm from Coffee Trader @ 311 S. Fifth Street.*

  • August 20: South Side

  • September 3: North Side

Broker Tour Rules Email Janna@marmontrose.com, No later than NOON Friday before the tour with: - Property Address - MLS # (Please do not simply send a link to the MLS listing.) - Listing Agent - Date of Tour

- Location: North or South of Main Street (Montrose Only)

Get your requests in early - summer tours are filling up fast! *Remember, if you have a listing on the tour, etiquette is to visit all homes on the tour.


EVENTS

BLOOD DRIVE


ENVISION MONTROSE 2040: Help shape the future of Montrose!


The City of Montrose is developing a Comprehensive Plan that will establish a community vision, set goals, and identify opportunities for growth and development. Topics include:

  • Parks, Trails, & Open Space; Recreation & Tourism, Aug. 12

  • Health & Environment, Aug. 13

  • Economy and Opportunity, Aug. 21

Please plan to attend one or all of the community workshops (listed in the flyer above) this summer to offer input.




NATIONAL REAL ESTATE & CANNABIS SUMMIT

October 4, 2019 | 8am - 6pm

@ Gaylord of the Rockies, 6700 N. Gaylord Rockies Blvd., Aurora, CO 80019

Click here for more information >>>

CAR

AFW DISCOUNT

Get 5% off purchases at American Furniture Warehouse!

As a Colorado REALTOR®, you can save 5% on the purchase of gift cards at American Furniture Warehouse as thank you gifts for your clients. You may also purchase gift cards for yourself.

https://car.informz.net/informzdataservice/onlineversion/ind/bWFpbGluZ2luc3RhbmNlaWQ9MjY5MjM5MyZzdWJzY3JpYmVyaWQ9MzkyNzQ5Mzkz


RPAC SUMMER GIVEAWAY SERIES

CAR's RPAC Summer Giveaway Series, now through September (RPAC Month). For every $25 members give, they will be entered into a series of drawing throughout the summer for prizes including a Grand Prize $1,000 Southwest Airlines Gift Card. Each $25 investment equals one entry, so the more you give, the greater your chances of winning!


Let's keep Montrose at the highest participant rate in the state!

<<< DONATE TO RPAC HERE >>>


MARKET TRENDS

Click here for Colorado real estate market trends.


2019 LEGISLATIVE POLICY STATEMENT

<<<CLICK HERE >>>


LEGAL HOTLINE


NAR

CHICAGO (August 1, 2019) - Realtors Property Resource®, a nationwide data resource and a wholly-owned subsidiary of the National Association of Realtors®, is pleased to announce the addition of Qualified Opportunity Zones to its platform. This powerful data layer will allow Realtors® to use RPR's map interface to analyze and search for properties within the 8,700 Opportunity Zones throughout the U.S.

READ MORE >>>


How do I create a Local Economic Area Report based on a Qualified Opportunity Zone?

  1. Log in to RPR at www.narrpr.com.

  2. Click on Data Tools in the upper right corner. 

  3. Click on For Associations.

  4. Click on the Economic Area Reports tab.

  5. Select Local Economic Area Report.

  6. Enter a local geographical area (such as a city or zip code) to zoom in on an area you would like to search.

  7. In the Define your Geography, click Select areas on a map.

  8. Select Opportunity Zones from the Map Wizard pull-down menu. - Opportunity Zones will be shaded a peach color. (If you do not see any areas displayed in peach, try zooming out on the map a bit to broaden your search.)

  9. Click on the Opportunity Zone(s) you want to search. - The area will highlight purple once selected.

  10. Select Next in the Map Wizard.

  11. Name your area and click Save.

  12. Choose your saved Opportunity Zone in the dropdown (if not already selected).

  13. Select Run Report.

In addition, Opportunity Zones have been added to maps site-wide. Now REALTORS® can uncover Qualified Opportunity Zones using RPR’s map interface to display underlying properties. Opportunity Zones are available in both Residential and Commercial. 

CREN

970-240-1600

M-F | 8am-6pm


NEW SUB-STATUS: UC/Kick Out

UC/Kick Out- A property that is currently Under Contract. Both Buyer and Seller have entered into an executed purchase agreement in Good Faith. The executed purchase agreement contains a Kick Out clause that gives the Seller the right to terminate with the current Buyer if another acceptable offer is presented to the Seller. After another offer is received, the seller has the ability to give notice to the under contract Buyer and that Buyer will have 5 days or less (these clauses can be 24, 48, 72, 96 or 120 hours, but not longer than 5 days or 120 hours) to meet all contingencies or the contract could be terminated by the seller. THE LISTING AGENT MUST PROVIDE AN EXECUTED CONTRACT TO CREN MLS AS BACK UP WITHIN 24 HOURS FOR ANY LISTING THAT IS IN THIS SUB-STATUS. IF THE PURCHASE CONTRACT IS NOT PROVIDED TO CREN MLS, CREN STAFF WILL CHANGE THE STATUS TO UC/Contingent/Call LB. UC/Kick Out is a sub-status of the Active status and is considered “on-market” status.


When should status change to UC/Pending?

When the contract has passed contingency dates, the status should be changed to UC/Pending, accomplishing two things:

1. Listings will never expire while under this status, even after its expiration date

2. The property will NO LONGER be sent to 3rd party sites or agent and broker websites


*Listing agent must provide an executed contract to CREN MLS within 24 hours for any listing in this sub-status, or CREN staff will change the status to UC/Contingent/Call LB.

MAR

NEW MEMBERS

Last week, MAR surpassed 250 members!

  • Welcome back to MAR, Kirk Caufield, with Kirk Caufield Real Estate Company

  • Twyla Righter is now with eXp

  • Ray Sherman of eXp joined MAR as a secondary member

BOARD OF DIRECTORS

MAR's board meets on the third Wednesday of the month, unless a conflict requires a change. The next meeting is this Wednesday, August 21 at 9am. To meet with the Board, governing documents require you to be on the agenda prior to the meeting start time. Please contact Janna to be added to the agenda. Meet our Board >>>


AFFILIATES

Affiliates meet on the first Wednesday of the month. The next meeting is this Wednesday, Sept. 3 at 8am at the MAR offices. Meet our Affiliates >>>

Contact Information Updates

If you change offices or contact information, be sure to complete the appropriate form online. MAR must have your most current office information on file.

MEMBER SAFETY

We will continue to promote these REALTOR®-Safety applications until we have 100% member participation! Remember, they work best when we collaborate as a community.


Forewarn

Got a new client on the hook? Give their background a quick check using Forewarn. Simply type in their name or phone number, and voila, a snapshot of their criminal and financial history. Now you can make an informed decision about the validity of potential clients. Click here to set up your FREE account!


Real Safe Agent

FREE to MAR members - Click here for a video explaining the features of Real Safe Agent.


Never let you guard down, even when it appears a potential sale is coming your way.

Use the resources offered by MAR, and stay safe!

CLASSIFIEDS

CAREER OPPORTUNITY

Executive Officer for the Delta County Board of REALTORS®, a local non-profit association.  Background check required.  For full position description, email dcbor@qwestoffice.net.


OPEN HOUSE


HONESTY IN REAL ESTATE PETITION

The guys at National Real Estate Post, a daily vlog devoted to lender and REALTOR® issues, have started a petition to fight the DOJ investigation and class action lawsuits filed against NAR and major real estate brokerage chains for colluding to keep real estate agent commissions artificially high at 6%. The petition will be sent to:

  • 50 states Attorneys General

  • 50 State Consumer Financial Protection Bureau

  • U.S. Federal Trade Commission

  • U.S. Dept. of Justice

  • U.S. Dept. Housing & Urban Development

  • U.S. House Financial Services Committee

  • U.S Senate Banking Committee

  • Office of the Comptroller of the Currency

  • U.S. Securities and Exchange Commission

Click here to learn more about the Honesty in Real Estate Petition


Post a Classified

Please email Janna to place a classified, promote an upcoming open house, or share other relevant news with MAR members. Please note we do not promote individual listings, other than open house dates. Deadline for Monday publication is Friday at noon.

LINKS

CE Requirements

  • CREC Update: CAR requires all members to take an annual CREC update course for a total of 12 credits over each 3 year license renewal period.

  • Ethics: NAR requires all members take 2 hours and 30 minutes of Ethics between January 1, 2019 and December 31, 2020, or be suspended until the requirement is met. ***Ethics classes taken before January 1, 2019 do not count for this cycle.

Track your hours! Use this form to track all your CE credits and ensure you are completing the requirements.

REALTOR PARTY MOBILE ALERTS

Sign up for REALTOR® Party Mobile alerts to stay connected. When a national or state legislative call for action is launched, subscribers get a short text message, containing information to take action.


Click here to register to vote, and remember, vote REALTOR® Party!


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CONTACT MAR

970.249.6213


125 Merchant Drive
Montrose CO 81401

janna@marmontrose.com

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© 2019 Montrose Association of REALTORS®. All rights reserved.