House Bill 18-1227: Real Estate Commission Flexibility in License Period HB18-1227, sponsored by Representative Herod (D-Denver), Representative Wist (R-Centennial), and Senator Cooke (R-Greeley), is a clean-up bill to the real estate sunset from 2017. In the sunset bill, the expiration date of real estate licenses changed from an anniversary date to a calendar renewal on December 31st of the third year...
The Colorado Association of REALTORS® Political Action Committee, otherwise known as RPAC, is the single most important driver behind our political success. It is an honor to recognize local boards, associations, and individuals who accepted and met the challenge to help us raise RPAC dollars in 2017. First to Hit RPAC Goal Denver Metro Association of REALTORS® - This association achieved the...
Another Economic Summit and REALTOR® Day at the Capitol is in the books! Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol! We had a busy two-day event with over 250 REALTORS attending from across the state! The Economic Summit was highlighted by a panel discussion that focused on the newly...
Senate Bill 18-015: Protecting Homeowners and Deployed Military SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
DENVER – Nancy Todd, Senator for Aurora in Senate District 28, was awarded the 2017 Legislator of the Year Award by the Colorado Association of REALTORS®. Rep. Todd is one of the first recipients of the award, given to a Colorado legislator who has put considerable effort into legislative efforts that support the American dream of homeownership. Nancy Todd was a...
The Second Regular Session of the 71st General Assembly Kicks Off in 2018! The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th. The session is already off to a quick start with 179 bills introduced in the first week. We expect this to be a busy year for property rights and housing...
The National Association of REALTORS strives to influence and shape the real estate industry. So it should be no surprise they put full force into the recent two public policy changes sweeping through Washington, D.C. NAR worked tirelessly on tax reform and net neutrality, two policy changes that could have powerful impacts on the real estate world. In regards to Tax...
Much buzz is swirling around the proposed Tax Reform and the repercussions that will ensue if it is passed as it stands. The proposed tax reform if passed, would affect individuals who sell their home before the five year period has expired. If the house is sold prior to the five year period, the sellers would face a tax of 15%...
There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...
Elizabeth Peetz CAR's Vice President of Government Affairs and Madeline Cain CAR's Government Affairs Manager are both featured in Colorado Politics Article as "New Political Players". Elizabeth Peetz will be directing the association's efforts on public policy, as well as manage its government affairs division. Besides advocacy and legislative work, Peetz will oversee the Realtors’ Legislative Policy Committee, candidate endorsement process...