Colorado regulators have urged real estate professionals to avoid selling property in off-the-market deals because they say it can pose greater risks for sellers. The Colorado Real Estate Commission issued an opinion last week stating that selling property without putting it officially on the market is OK, if sellers realize the risk, but if they don’t, such a tactic can...
At the most recent Colorado Real Estate Commission meeting held on June 3, 2014, the Commission adopted Commission Position CP-44 regarding advertising properties as "coming soon" to the market. CP-44 outlines a broker's obligation to exercise reasonable skill and care when advising a seller or landlord of the advantages or disadvantages of different marketing methods. Further, the manner in which the...
Community Association Manager Licensing Proposed Rules for Review and Comment As prescribed by the new HOA Manager Licensing Bill, HB13-1277, the Colorado Division of Real Estate has developed proposed rules for the licensing of community association managers. Currently, the Division of Real Estate is collecting comments from the public and industry groups on the proposed rules. To provide comment on the proposed community association...
Registration for REALTOR® Day Still Open! Please view a video invitation from Jeffrey Martin, 2014 Government Affairs Division Vice President, with information about key events at REALTOR® Day. Don't miss the 2014 REALTOR® Day at the Capitol on Wednesday, February 26th at the McNichols Building and the State Capitol. Based on feedback received from local leadership, we have revamped this event...
The Department of Regulatory Agencies (DORA) is waiving license fees of those impacted by natural disasters including wind, fire, or water to name a few. “The last thing we want our licensees to worry about when they are evacuated or trying to rebuild their lives is paying a transfer fee so that they can continue working," said Marcia Waters, Division...