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A message from your 2019-2020

Chairman of LBAR, Roberto Ortiz Hola Amigos! Here we are in June 2020…rolling on to the halfway point of 2020! Wow, the month of May, even with 31 days, sure seemed to fly by! In addition, I think we can all agree the past few months have given new meaning to the words “Information Overload”! On that note, I’d like to share a bit more with you. The Coronavirus pandemic continues to impact the real estate industry and the economy in general. We have seen many changes in the way we do business. We have evolved from a “Stay at Home Order” to a “Safer at Home Order” and by the time you read this newsletter I am not sure what type of order we will be governed by, if any? In any case, the following link to NAR “Coronavirus: A Guide for REALTORS®” is still a fantastic resource for up-to-date information for you and your customers: https://www.nar.realtor/coronavirus-a-guide-for-realtors May 2020 was a historic month for the NAR Board of Directors who hosted the first ever virtual REALTOR® Legislative Meetings! I imagine all of us are experiencing many historic firsts, as well as participating in a fair share of virtual meetings! The 2020 Conference Sessions were free and open to all REALTORS® and they were all about helping you and your business during these turbulent and uncertain times. I hope many of you were able to attend. Below is a link to the Session replay which is available through June 15, 2020. https://2020.legislative.realtor/sessions/ Finally, a few other items from the Session that are especially noteworthy.

1. Members won’t see a NAR dues increase in 2021. 2. Brokers will be able to get MLS data feeds of their own listing content. 3. NAR’s 2021 officers were chosen via remote election for the first time.

We will continue to host the monthly Membership Meeting on June 11

th via Zoom. May’s

Zoom meeting was well attended—even without the burritos! Our guest speaker for the June 11th meeting will be CAR’s legal counsel, Scott Peterson, Esq. who will be sharing legislative news and best practices as we continue to “Open Up” the State and our businesses. Please feel free to contact myself or Debbie if you have any specific questions that you would like him to address. With the limited time, it would be nice to be prepared with a list of concerns to which he may be able to respond to. As always, stay focused and give to RPAC. During these times we all need to give a little to keep receiving a lot from NAR, CAR and LBAR. Stay healthy and keep doing what we all love to do. Thank you/Gracias, Roberto

Volume 14, Issue 9 Loveland-Berthoud Association of REALTORS®

INSIDE THIS ISSUE:

Chair Message Roberto Ortiz

1

Government Affairs Update Barbara Koelzer

3-4

LBAR Happenings

6

IRES Article JP Pleitner

Committee/Task Force

7

Membership Meeting Sponsors Colorado REALTOR® Foundation (Formerly CARHOF) Participants

8

June 2020

“Keep Your Motor Running”

FLAG DAY June 14th

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NEW REALTOR® Members: *Heather Bustos—Compass Colorado LLC *Paul Hunter—Windermere Fort Collins Lisa Ketnerr—RE/MAX Alliance *Andrea Rusch—RE/MAX Eagle Rock *Matt Thomson—Fathom Realty Colorado *Julie A. Trott—Sentry Residential LLC

NEW Affiliate Member: Jo Anne Torkildson—Homes & Land of Northern Colorado

REALTOR® Member Office Transfers: Benjamin Adams—Keller Williams Realty Partners to Fathom Realty Colorado Holly Baum—Coldwell Banker to Hub Real Estate Alexis Foster—Neuhaus Real Estate to Windermere Fort Collins Jared Foster—Neuhaus Real Estate to Windermere Fort Collins Thad Fuller—RE/MAX Alliance to Fuller Fine Homes Realty Nanci Garnand—RE/MAX Eagle Rock to Sentry Residential LLC Brooker Kern—Neuhaus Real Estate to Windermere Fort Collins Eric Thompson—Windermere Fort Collins to WRE Windsor Patrice Winans—Coldwell Banker to Compass Colorado LLC

*Secondary Membership

Membership Report

Sun Mon Tue Wed Thu Fri Sat

1 29:00

Independent Brokers Group via Zoom

3 4 5 6

7 8 9 108:30-12:30

Commission Update via Zoom

119:00

Membership Meeting via Zoom

12 13

14 15 163:30 R.I.S.E.

Club via Zoom

179:00-11:00

Inspection Objections 12:00-2:00 How to Play with Other People’s Money

188:30 Affiliate

Committee via Zoom 9:00-12:00 Ethics Class Online thru CAR

19 20

21 22 23 24NOON

Board of Directors Meeting via Zoom

2510:00-12:30

Tax Reduction Strategies via Zoom

26 27

28 29 30

June 2020

Government Affairs UPDATE

Barbara Koelzer, Regional Government Affairs Director barbara@ires-net.com 303.886.5675

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Government Affairs Update June 2020 Barbara Koelzer, Regional Government Affairs Director barbara@ires-net.com 303.886.5675.

LOCAL Larimer County Safer at Home Implemented April 27: Larimer County transitioned to Safer at Home orders on April 27. According to the County’s guidelines, showings are allowed but homes must be cleaned and disinfected between showings. Open houses are not allowed. Real estate and other field service professionals must follow the State’s guidelines on social distancing and the use of personal protective equipment (PPE). https://www.larimer.org/health/communicable-disease/coronavirus-covid-19/safer-home-phase-covid-19-pandemic-larimer-county-0 County Reschedules NISP Hearings: The Northern Integrated Supply Project (NISP) 1041 permit application submitted to Larimer County by Northern Water was judged complete by Larimer County staff on March 18, 2020, with Northern Water also notified on March 19th. Public hearings were tentatively scheduled to begin in May with the Larimer County Planning Commission and have been postponed to accommodate the health department’s public events guidelines given the COVID-19 emergency. The first hearing is scheduled before the Larimer County Planning Commission at 6 p.m., June 24, 2020 in the Larimer County Courthouse Offices Building, 200 W. Oak St., Fort Collins in the First Floor Hearing Room. The first meeting will be dedicated to staff and applicant presentations only. Public testimony will begin on July 8. The Board of Larimer County Commissioners will hold their first hearing on the matter at 6 p.m., on August 17, 2020 in the Larimer County Courthouse Offices Building, 200 W. Oak St., Fort Collins in the First Floor Hearing Room. NATION FHFA Delivering Certainty: On May 14 National Association of REALTORS® President, Vince Malta, issued a statement of appreciation after the Federal Housing Finance Agency unveiled a new repayment option for homeowners struggling financially in the wake of the COVID-19 pandemic. Under the

Continued on page 4

Get Involved

Benefits of Being a REALTOR® Being a REALTOR® has its advantages! Through a three-way agreement the local, state, and national association of REALTORS® provides numerous programs, products and services to help their members distinguish themselves in the competitive industry of real estate and be more successful in their business.

Political Advocacy If real estate is your career then politics is your business. Did you know that each year REALTOR® associations advocate on REALTORS® and consumers behalf to promote private property rights and protect business interests of REALTORS®. You can get involved by answering calls to actions, volunteer on LBAR or CAR’s political committees and by donating to REALTOR® Political Action Committee (RPAC).

Volunteer for a Committee Participating on a committee provides you with the opportunity to test and expand your leadership skills as well as increase your professional contacts. LBAR and CAR have numerous committees, task forces, and work groups that you can lend your experiences.

Government Affairs UPDATE Continued

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proposal, Fannie Mae and Freddie Mac will offer borrowers currently in forbearance the ability to repay missed principle and interest when their home is sold, refinanced or at maturity. The FHFA’s new program creates “payment deferral option for borrowers.” Payment deferral takes the missed mortgage payments and puts them into a payment due at the sale or refinancing of the home, or at the end of the loan. The borrower's monthly mortgage payment will not change. Mortgages that exercise the payment deferral option will remain in Enterprise Mortgage-Backed Securities, subject to the terms of the trust agreements. However, the borrower is responsible for taxes and insurance while in forbearance.

Click Here to Read the Complete Government Affairs Update

STATE Safer at Home

$3 Billion Budget Shortfall? Help for Small Businesses

NATION NAR Asks for COVID & Mortgage Finance Website

Phase 3.5 Legislation Enacted, New Tranche of $310B Provided for PPP

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Please see the below information regarding National Code of Ethics Day. Take your required ethics class June 18th from 9:00-12:00 online for only $10.00. Class is being

taught by Scott Peterson and Damian Cox.

CAR IS CELEBRATING NATIONAL CODE OF ETHICS DAY!

June 18th is National Code of Ethics Day, a day for REALTORS® everywhere to promote the key factor

separating REALTORS® from all other real estate practitioners – the Code of Ethics!

Any ethical code is meaningless, however, unless it can be clearly understood by those who must abide by

it. That’s why CAR will be celebrating National Code of Ethics Day by offering a live online Code of Ethics

Update course!

Code of Ethics Update Course

Thursday, June 18, 2020

9am – 12pm 3 CE credits

$10 fee (a portion of proceeds goes to the CAR Foundation)

Not only will this course meet your COE requirement and provide 3 CE credits, but a portion of proceeds

will go towards CAR’s REALTOR® Foundation, so you’ll also be helping Coloradoans in need find

affordable homes…. All at the same time!

This course will be instructed by two of your favorite Colorado Real Estate Attorneys – Scott Peterson,

CAR’s General Counsel, and Damian Cox of Cox Law Firm. Scott and Damian will take students on an

interactive journey with case studies of real-life scenarios.

IMPORTANT! Due to DORA regulations for Online Distance Education, in order to receive CE credit, attendees

must be present for the entire session. Attendance will be monitored through the case study poll questions that will

be posted throughout the session. Attendees cannot miss ANY of the poll questions to qualify for CE. A 15-minute

break is built into the schedule, so please plan to stay present for the entire session. Staff will be using reporting to enforce

these rules. If you have any questions or concerns, please contact Holly Krell at hkrell@coloradorealtors.com

REGISTER TODAY!

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Mark your Calendars!

The R.I.S.E. Club

Rookie Club has a new name! June 16, 2020 3:30 p.m.-5:00 p.m. Sponsored by: BBVA and Heritage Title This is an opportunity to network with other real estate professionals. Make connections that make a difference personally & professionally.

Exodus Moving

and Storage, Inc.

800-549-1488

www.exodusmoving.com

This meeting will be via Zoom

The R.I.S.E. Club

These meetings are held monthly. Normal meeting place is at Verboten Brewing located

at 127 E. 5th St. Loveland, CO

During the Safer at Home Orders meetings will be via

Zoom.

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COMING SOON By JP Pleitner, IRES Product Manager

2019/2020 COMMITTEE / TASKFORCE CHAIRS

Affiliate Committee: Adrien Ruckle

Community Relations: Leah Ludwick

Golf Tournament: David Powell

Government Affairs: Renae Hupp

Independent Brokers Group: Pam Zimmerman

Installation & Nominating: Matt Kurtz

Orientation Facilitator: Ryan Martin

Rookie Club: Chris Coley

RPAC: Debbie Hansen

In November 2019 NAR approved MLS Policy 8.0 - Clear Cooperation. IRES MLS implemented this policy with a new Coming Soon status. This status, used when creating a listing, can be seen anywhere listings are displayed in IRESis.com, MySite and ColoProperty.com®. IRES MLS rules and regulations require a listing which is publicly marketed (as defined by NAR's Policy 8.0) must be submitted to the MLS within 1 business day. The listing can be added as either an Active listing or a Coming Soon listing. When selecting Coming Soon as the status, the listing will auto-update to an Active status on a date specified known as the Go Active Date. This date is any time within 7 days of entering the listing into the system. These listings are searchable inside the system as well as through Prospects & MySite, and on ColoProperty.com®. Coming Soon listings do not syndicate to other listing sites until they convert to Active.

Coming Soon and Inventory Report & My Listings Coming Soon listings are included in Inventory Reports and My Listings. It is visually represented with the color purple and abbreviated to CS.

Coming Soon and Listing Search Coming Soon listings only apply to IRES MLS at this time. We do not capture Coming Soon listings for data share. This is available any place the Basic Criteria tab appears for a search (Listing Search, Prospects, Hotsheets, Inventory, and Stats-Custom).

Coming Soon and Listing Details Easily identify the Go Active Date on Listing Details for My Listings, Cart Manager, Report Window, and MySite. Showings cannot be scheduled while a listing is in Coming Soon status. Showing instructions will not display until the listing is Active. Open houses will only show on or after the Go Active Date. Coming Soon and Prospects Coming Soon listings are available for Prospect searches and will send to MySite. The status will need to be intentionally includedin the search for Coming Soon listings to be sent to clients.

Coming Soon and Add/Edit Listings When entering a listing for the first time, the Coming Soon status will be available for Residential Detached, Residential Attached, Vacant and Income properties. Coming Soon listings are eligible to go directly to Active, Pending, Sold, or Withdrawn statuses. NOTE: Listings cannot revert back to a Coming Soon status. Use caution when withdrawing or manually activating Coming Soon listings. They cannot be Coming Soon again with the same office and same agent for 30 days. While showing information is required when entering a Coming Soon listing, that information will not display until the listing is in in Active Status. Open houses can only be scheduled after the Go Active Date. Syndication options are required to be specified when entering a Coming Soon listing; however, the listing will not appear on the specified syndication sites until the listing is Active. Coming Soon listings will appear on ColoProperty.com®.

For additional resources and illustrations, please visit https://ires-net.com/2020/04/09/coming-soon-has-landed/

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2020 Membership Meeting Sponsors January 9 – Sponsors: First American Title &

Watson Moving & Storage

February 13 - Sponsors: Heritage Title &

Mutual of Omaha Mortgage

March 12 - Sponsor: Elevations Credit Union

April 9 - Sponsors: Fidelity National Title & Independent Bank

May 14 - Sponsor: loanDepot June 11 - Sponsors: Anchor Roofing & Guild Mortgage

July 9 - Sponsors: North American Title & Western States Bank

August 13 - Sponsor: FirstBank

September 10 - Sponsors: Exodus Moving & Storage & Unified Title

October 8 - Sponsors: Better Call Al & Stewart Title

November 12 - Sponsor: Swanty Insurance Group

December 10 - Sponsor: The Affiliate Committee

COLORADO REALTOR® FOUNDATION (Formerly CARHOF) The Newly Re-Structured Charitable Foundation for Colorado REALTORS®

The Colorado REALTOR® Foundation is a registered 501(C)(3) nonprofit organization, all donations are tax deductible to the full extent of the IRS tax code. The Colorado REALTOR® Foundation’s mission is: To aid individuals by funding Colorado Nonprofits that ensure safe and affordable housing, to educate on home ownership, and support national disaster relief. The Colorado REALTOR® Foundation’s vision is to leave a legacy that will impact Colorado residents, now and far into the future, to educate about the importance and facts of home ownership, and to cultivate the American dream that everyone deserves a home. CRF will have three programs that will allow us to achieve our mission, Housing, Education, and National Disaster Relief. Housing Program The housing program will operate to support Colorado Nonprofit Organizations that provide safe, decent and affordable housing to Colorado residents. Grants will be given to qualified Colorado Nonprofits that support safe and affordable housing.

Housing Program Participants: Real Living 1st Choice R.E. Service—Cathy Forsythe CB/Residential Brokerage—Kris Anderson Century 21 Humpal, Inc.—Jason Humpal Cottage Realty, Ltd—Kevin Cook Premier Lifestyle Real Estate, LLC—Cory Roberts RE/MAX Alliance—David Powell RE/MAX Town & Country—Gary Maggi Stroh and Company Realty—Dan Stroh The Group, Inc., Centerra—Pam Cass

The Group, Inc., 29th St—Christina Huff Foothills Premier Properties—Louis Gassner

The Purpose of the Loveland-Berthoud Association of REALTORS® is”: To serve its members by developing, providing, and promoting programs and services to enhance members’ freedom and ability to conduct their business successfully with integrity and competency; To promote through collective action, the extension and preservation of the right to own, use, and transfer property; And to increase the public’s confidence in the REALTORS® professionalism, skills, and knowledge.

Our Mission Statement

Phone: 970-669-1822

Fax: 970-669-1858

E-mail: admin@lbaronline.com

730 N Railroad Ave.

Loveland, CO 80537

We’re on the WEB: www.lbaronline.com

DO YOU HAVE A CHANGE???

Please notify the Association whenever you have a change

of office, address, phone or email.

We have a large variety of OPEN HOUSE and HOME FOR SALE Signs. Stop by the office and

take a LOOK!!

MAGNETIC #’s $1.00 ea.

Flyer Box on stake

$20.00 ea.

SALE

Combo Dial / Push Button lockboxes $28.50 ea.

Brochure Stands *2 card slots *Copy Conserver $17.00 each

THEY’RE BACK

“Keep Your Motor Running”