As the requirements of the 2010 Dodd-Frank Act continue to be implemented throughout the country, most Colorado REALTORS® have a basic familiarity with the new federally mandated mortgage loan disclosures that will be required be-ginning August 1st of this year. The Consumer Financial Protection Bureau (CFPB), an independent federal agency with oversight of the US financial industry, was created by the...
It has been almost one year since the National Association of REALTORS® (NAR) initiated Core Standards for local and state associations. The Core Standards were put in place as an effort to align all three levels of the REALTOR® organization and provide the highest level of quality service to members. The vision for Core Standards is to strengthen and unity...
HB 1343 HOA Manager Licensing Reform HB15-1343, Streamline HOA Manager Licensing Requirements, by Representative Angela Williams (D-Denver) and Senator Nancy Todd (D-Aurora), was SUPPORTED today by the Legislative Policy Committee (LPC). The primary motivation for REALTORS® desiring to amend the HOA manager licensing law is to exclude from licensure any CEOs, managing brokers or other brokerage executives that do not perform...
The Colorado Association of REALTORS® Education Foundation (CARED) Board of Directors has voted to dissolve the CARED Foundation and merge with the Colorado Association of REALTORS® Housing Opportunity Foundation (CARHOF) to form one charitable entity, the Colorado REALTOR® Foundation (CRF). The Board of Directors of both charities, CARED, CARHOF, and CAR Leadership are enthusiastic about the opportunity to grow CRF into...
Are you experiencing a listing inventory shortage? Most markets around the country are out of balance, with more buyers than sellers. In some markets, the shortage has led to multiple offers and near panic by both buyers and real estate professionals. As a leader, what are your strategies to help your people? Here are seven strategies that have helped us find...
SB 210 Title Insurance Commission The Legislative Policy Committee (LPC) voted to SUPPORT SB15-210, Title Insurance Commission, by Senator Laura Woods (R-Arvada) and Representative Jeni Arndt (D-Fort Collins). The bill creates the Title Insurance Commission in the Division of Insurance (division) in the Department of Regulatory Agencies (DORA) as a Type 1 agency for the purposes of: proposing, advising, and recommending rules,...
NAR has officially approved the merger of the REALTORS® of Central Colorado and the San Luis Valley Board of REALTORS®. The merger was official as of April 1st. The association will retain the name REALTORS® of Central Colorado, Inc. Territorial jurisdictions will be within thecounties of Chaffee, Alamosa, Costilla, Rio Grande, Conejos, and Saguache Counties and a portion of Mineral County...
The Colorado Association of REALTORS® on Tuesday named Tyrone Adams chief executive, promoting the longtime CAR employee from his role of vice president of member services. Adams will oversee all aspects of the 21,000-member real estate trade organization. Since joining CAR in 1993, the University of Northern Colorado graduate has been instrumental in development and implementation of member programs, education initiatives, communications strategies...
Applications were strong and competition was fierce, but 30 have now been chosen. REALTOR® Magazine recently announced the 2015 class, and the new inductees include Colorado REALTOR Leslie Moen of Fort Collins. Congratulations Leslie! From Leslie's 30 Under 30 online profile: "Our success as a real estate company reflects our strong dedication to teamwork and mutual relationships, and that inherently reflects the roles...
Mid-Session Update With a little over a month left in the legislative session this year, we want to take some time to update you on the progress of the bills we have been monitoring. The Legislative Policy Committee has reviewed 57 bills and has taken a position on 25 of them. We are in SUPPORT on 15, NEUTRAL on 5, and...