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...
This past Friday, CAR presented Commissioner Barbara Kirkmeyer with an RPAC check and our endorsement in the Congressional District 4 Republican Primary. Commissioner Kirkmeyer aligns with REALTORS® on key legislative issues, including safeguarding the Mortgage Interest Deduction, streamlining the short sale process, prudently reforming the secondary mortgage markets, and preserving FHA to help American families obtain affordable mortgage financing. Keeping...
Sue Carmony, of Carmony Realty in Boulder, won the Reach150 prize drawing for $500 through random selection of participating members that have reached 3 or more recommendations. Congratulations Sue! Have you had a chance to check out Reach150? CAR has partnered with Reach150 to help our members build a stellar online reputation through client testimonials. Setting up a free, new account and...
The National Association of REALTORS® just released the Home Buyers & Sellers Generational Trends report. Read the highlights and see the report below. Highlights Gen Y comprises the largest share of home buyers at 31 percent, followed by Gen X at 30 percent, and both Younger (16 percent) and Older Boomers (14 percent) at 30 percent. The Silent Generation has the smallest share of...
Sine Die! Wednesday, May 7, the final gavel came down on the second session of the 69th General Assembly. In total, 621 bills were introduced. CAR tracked 66 bills this year and took a position on 32 of them. As we are busy preparing for the 2014 elections, many are noting the bipartisan nature of a large majority of the bills...
In September 2013, the Wildfire Insurance and Forest Health Task Force issued an 80 page report to Governor Hickenlooper outlining concerns and recommendations regarding how to best protect citizens who live in the Wildland-Urban Interface (WUI), and protect Colorado’s landscape, which is a critical element of the State’s economic health. Their findings also brought to light related issues of water...
Registration is now open for 2014 CAR Convention - CAR 2.0: Paving the Way. This year, events will take place at the Colorado Convention Center in Downtown Denver on October 19-21. Register by July 9 and take advantage of early registration pricing! Click here to learn more and register. Hope to see you there! ...
SB14-220, Concerning prerequisites to the authority of a unit owners’ association to pursue resolution of disputes involving construction defects, was introduced on Wednesday night. The bill has been assigned to the Senate State, Veterans, and Military Affairs Committee, as well as the Senate Judiciary Committee. We are thankful to those of you who have submitted testimonials so far, and those of...
Construction Defects Legislation Introduced SB14-220, Concerning prerequisites to the authority of a unit owners’ association to pursue resolution of disputes involving construction defects, was introduced on Wednesday night. The bill has been assigned to the Senate State, Veterans, and Military Affairs Committee, as well as the Senate Judiciary Committee. We are thankful to those of you who have submitted testimonials so far,...
As of May 1, 2014, all buyers of older properties (“pre-FIRM”) will see a premium rate reduction under the Homeowner Flood Insurance Affordability Act of 2014. Instead of jumping to “full cost” for flood insurance, buyers will assume the seller’s Oct-2013 rate for a pre-FIRM property. NAR prevailed upon FEMA to implement this provision seven months early. FEMA also extended the rate relief...