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...
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,...
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...
You bet it does! At the most basic level, it provides shelter and security to families. But, there is a lot more to it than that, and here are some facts about homeowners from the National Association of Realtors, Federal Reserve Board, and the US Census Bureau: They are more likely to vote, They volunteer their time more frequently for charitable causes, They...
SB 177- Construction Defects Passes First Senate Committee After a long afternoon with over 7 hours of testimony, SB 177 passed out of the Senate Business, Labor and Technology Committee by a vote of 6-2 with one excused. We would like to thank these senators for their votes in favor of this much needed legislation: Committee Chair Senator David Balmer, Committee...
Senate Bill 177- Construction Defects We expect CAR SUPPORTED SB 15-177 to be calendared within the next week or so in the Senate Business, Labor and Technology Committee. Because of this, we urge you to continue to share the Call for Action. Communicating our positions with our legislators is a vital component in representative democracy, and participating in this Call for Action is...
All real estate licensees are not the same. In Colorado every real estate broker is licensed by the State, but only those licensees who are members of the National Association of REALTORS® are properly called REALTORS®. By joining the REALTOR® Association, members have agreed to subscribe to a strict Code of Ethics and are expected to maintain a higher level of knowledge...
During the recent holiday break a number of members contacted NAR concerning a video they had been sent regarding changes coming to appraisals conducted for Fannie Mae transactions. The video was sent by email and usually contains the subject line “Appraisal Time Bomb.” Many of state and local association partners have received member inquiries about the video. At the end of...