Insights – October 07, 2015

Denver Area Housing Market has Strong 3rd Quarter

Inventory levels and prices remained steady in September as the housing market experienced seasonal cooling. Read the REcolorado September Statistics Report to get a full monthly update, along with a quarterly review. Visit CONNECT to access the September snapshot and 10K Reports.

Are you ready for TRID? RatePlug is.

As an REcolorado member, you can use RatePlug to provide real-time, property-specific mortgage payment info from your lending partners to homebuyers via the client portal. This is at no cost to you and your clients!

The new TRID rule has some members of the real estate industry scrambling to update their systems and forms to comply with the new requirements. Luckily, RatePlug is one step ahead! RatePlug has updated their program to adhere to all applicable industry regulations, including TRID. Want to learn more about TRID rules and how they may impact your business? Read NAR’s overview tailored specifically for real estate professionals. [Read more about RatePlug’s Updates]

Add Homes.com as a Syndication Channel to your Existing Listings

With the new Homes.com-REcolorado partnership, you may be eager to opt in your listings for syndication to Homes.com. As a leading provider of real estate marketing in the U.S., Homes.com is visited by more than 13 million consumers each month.

Sound like a syndication channel you and your clients might be interested in? You can edit existing listings to include Homes.com as a syndication channel. Follow the steps below:

    1. From Input, select the property you wish to edit from the Quick Modify dropdown menu.
    2. To edit, click on Change Internet Display Settings.
    3. Complete your desired changes within Internet Display, click Submit Listing.

Check out our Help document for more detailed instructions or give Customer Care a call: 303.850.9613, option 1

Learn @ Lunch this October!

The weather is getting cooler, and sometimes it’s nice to stay in and just be comfortable. We get it, which is why we’ve created our Learn @ Lunch webinars. These 30-minute, online courses can be taken from the comfort and coziness of your own home! Learn quick and easy tips to navigating REcolorado’s core MLS products. Check out the October calendar and register for a webinar now.

DBJ- Denver-area house prices up 11%, but slowdown could be in sight

“The Denver-area housing market remains among the hottest in the country,” said Kirby Slunaker, president and CEO of REcolorado, the region’s multiple-listing service. “Sellers continue to bring new listings to the market, holding inventory levels steady and benefiting buyers who are enjoying greater selection and moderating prices.” [Read full article]

Denver Real Estate Watch- REcolorado: September home activity up from year ago

Home buyers in the Denver area had a few more homes to choose from in September than a year earlier, according to a report released on Monday by REcolorado. [Read full article]

Denver Post- Colorado real estate industry prepared for new disclosure rules

Starting Saturday, purchasing a home with a mortgage will come with a whole new set of disclosures and different procedures for closing a sale. [Read full article]

SRES® Designation Class

The SRES® Designation program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate, clients age 50+. By earning the SRES® designation, you gain access to valuable member benefits, useful resources, and networking opportunities across the U.S. and Canada to help you in your business. This class will be held at DMAR West on November 17. Register early to save your spot!