Volume 2 • Issue 14 - November2013

F C B O R M o n t h l y N e w s l e t t e r

Gerry is the President ofThe Four Corners Board of REALTORS® You can contact her at 970-565-8408

From the President

Hello to all,Well we just got back from the CAR convention. Lots of information to digest, but all good.

However we did loose one vote due to CAR revamping the number of votes each board has. We once had 2 now we have one. We received an award from RPAC which I proudly accepted for you. The award was because 66% of our membership had contributed to RPAC. Good job guys! Let’s do even better next year. Remember to keep selling and selling.

Important Updates & Reminders!

Need to see what’s going on with the association?Don’t forget to go to your website for:

CLASSESSTATISTICSCALENDAR

NEWSLETTERSBoard of Director Contact Information

AFFILIATES

http://fourcornersboardofrealtors.com/

Community News

EducationClass: NAR EthicsDate: Tuesday, November 12th Times: 1:15-5pmLocation: DAAR OfficeInstructor: Aaron DiemCost: $45 for 4 CE hoursPlease sign up online using your LAMPS login at https://daar.getlamps.net/Default.aspx?page=calendarThis course provides a basic review of the REALTOR ® Code of Ethics. You will be presented with relevant data to develop an awareness of the new broker relationships and the ethical con-siderations each presents. This 4 hour course fulfills the need for NAR quadrennial ethics requirements for both new and existing REALTOR members. (Quadrennial period 1/1/13-12/31/16)

Class: 2013 CREC Update Class Date: Tuesday, November 12th Times: 1-5pmLocation: Cortez- 1st National BankInstructor: John GillamCost: $45 for 4 CE hoursPlease sign up online using your LAMPS login at https://daar.getlamps.net/Default.aspx?page=calendar2013 REQUIRED annual update course offered through the Real Estate College of Colorado. This class covers contract changes as well as any other CREC and Colorado regulatory changes.

The 2013-2014 Four Corners Board of REALTORS Board of Directors:

President/ Gerry Parker / 565-8408 / gparker@fone.net President-Elect/ Carol Click / 565-2000 / carolclick@remax.net

Secretary/Treasurer / Bob Toles / 946-1194 / BobToles@yahoo.comDirector/ Brenda K. Bates / 565-2000 / beebates@live.com

Director/ Cheryl Lindquist / 565-2000 / cheryllindquist@remax.netDirector/ Preston Dillon / 560-9144 / psdillon@rmi.net

Director/ Dawn Utrup / 570-3110 / dawn.utrup@gmail.comCAR Director / Lila Hanson / 565-8408 / lila@fone.net

Association Office StaffAssociation Executive / Denise Unrein / 565-0112/ fourcornersboard@gmail.com

FCBOR CALENDAR OF EVENTS

1 10/30/2013 10:19 AMstaff

Su Mo Tu We Th Fr Sa1 2

3 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 30

November 2013Su Mo Tu We Th Fr Sa

1 2 3 4 5 6 78 9 10 11 12 13 14

15 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

December 2013

November 2013

Oct

27

- N

ov 2

Oct 27 28 29 30 31 Nov 1 28:00am 2:00pm

Hesperus Ski Swap (La Plata County Fair

5:30pm 9:00pm Horsesand Harvest (A benefit for Medicine

Nov

3 -

9

3 4 5 6 7 8 912:00pm 4:00pm

Family Service and Helping Agency (County Annex)

5:00pm 7:00pm Hospice of Montezuma Benefit Pancake Supper (County Annex)

8:00am 4:00pm DoloresSki Swap (Dolores Community Center)

Nov

10

- 16

10 11 12 13 14 15 16 Veterans Day

Nov

17

- 23

17 18 19 20 21 22 23Cortez Chamber Lunch BOD Meetng

Nov

24

- 30

24 25 26 27 28 29 30 Denise Birthday Thanksgiving Holiday Craft Fair

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

Community News

Education

24th AnnualParade of Lights

Please join usDecember 7, 2013

Main Street“Bringing Life

to Christmas!”

24th AnnualParade of Lights

Please join usDecember 7, 2013

Main Street“Bringing Life

to Christmas!”

ENTRYFour Corners Board of Realtors

24th Annual PARADE OF LIGHTS December 7, 2013

6:00 pm. Main Street Parade Theme:

“BRINGING LIFE TO CHRISTMAS”

Name of company, club, organization or Individual

______________________________________________

CATEGORY COMMERCIAL_______________ NON PROFIT__________________ OTHER_______________________ (individuals, schools, churches, etc.)

Participants are judged on: 1. MUSIC & LIGHTS 2.THEME DEVELOPMENT; 3. CREATIVITY; 4. WORKMANSHIP. There are 3 places awarded for each category

Rules and Regulations for Participants There is NOT an entry fee for the parade YOU MUST COMPLETE AND SIGN AN ENTRY FORM.

1. Complete, signed entry form must be submitted by Thursday, Nov. 28th, 5:00 PM 2. Pick up number at parade. You must have a number!!!!!!!! 3. Display entry number on the left hand side of entry.4. Judges and photographer will be located at the corner of Market and Main Street. Please pause

for ONLY A few seconds for judging and pictures. DO NOT STOP THE PROGRESS OF THE PARADE!!!

5. To avoid a lapse in the parade, do not lag behind entry in front. 6. ENTRIES CLOSE THURSDAY, NOVEMBER 29, 5:00 PM 7. ENTRIES WITH ANIMALS: In order to accommodate ALL ENTRANTS it is appreciated that

your animals are followed by ‘pooper-scoopers’ so the entries behind you aren’t affected.

THE CITY OF CORTEZ PROHIBITS CANDY OR ANY OTHER ITEM(S) TO BE THROWN BY PARADE PARTICIPANTS. PARTICIPANTS ARE ALLOWED TO HAND ITEMS TO CROWD ONLY. FAILURE TO COMPLY WILL RESULT IN INDIVIDUAL PARTICIPANTS NOT BEING ALLOWED TO HAVE ENTRIES IN FUTURE PARADES, REGARDLESS OF SPONSOR PLEASE HEED THIS WARNING. Cortez Police Department. It is hereby agreed and understood that I/we have read the above rules and further that I/we agree to hold the Four Corners Board of Realtors harmless from any accident or injury that might occur while participating in the Parade of Lights

_______________ _____________________________ Date Signature

Address:_______________________ PHONE #_____________________________

EMAIL:___________________________________

SIGNED ENTRY FORM must be returned to: 2218 E. MAIN STREET, CORTEZ, CO 81321 (CENTURY 21 WEST SLOPE REALTY) FAX TO Terry McCabe; 970-565-8918 OR EMAIL TO terrymc@move2swcolo.com Phone Terry McCabe with any questions, 970-565-8408 ext. 115

The 24th Annual Four Corners Board of REALTORS Parade of Lights will be held December 7th, 2013 on Main Street Cortez. The theme for this year’s Parade is “BRINGING LIFE TO CHRISTMAS” and this year’s Grand Marshal is Southwest Health System in recognition of all the people involved in providing health care to the area. The Four Corners Board of REALTORS presents the Parade each year as our gift back to the communities in which we live and work. There is no entry fee to have a float in the parade but an entry form is required to be submitted. The floats are judged based upon Lights and Music, theme development, and originality, and 3 prizes are awarded to each of 3 different entry categories. For more information contact Terry McCabe at 970-565-8408 ext. 115 or email terrymc@move2swcolo.com.

MLSs grapple with new business model

'Paper brokerages' flying under the radar

Andrea V. Brambila Associate Editor

Sep 17, 2013

Editor’s note: This is the second in a four-part series examining website operators who use brokeragelicenses to obtain shared listing feeds from multiple listing services to generate leads for other brokerages.See Part 1. Part 2 looks at how MLSs are struggling to interpret whether their rules allow “paperbrokerages” and fears that denying them listings could violate antitrust law. Part 3 will examine whetherwebsite operators that obtain Internet Data Exchange (IDX) listings are complying with MLS rulesgoverning their display. Part 4 will look at whether widespread adoption of the paper brokerage businessmodel could undermine participation in IDX, and the MLS system itself.

Companies that join multiple listing services to gain access to MLS listings data but don’t provide brokerageservices to buyers and sellers pose a dilemma for MLSs — if they’re aware of the practice at all, an InmanNews investigation has found.

So-called “paper brokerages” have cropped up to take advantage of MLSs’ efforts to help their memberscompete with national listing portals.

By managing a feed of pooled listings in their market that brokers have agreed can be displayed on eachother’s websites, MLSs have sought to help their members land more business by making them the bestsource of listing information in their markets.

But some brokers who seek access to MLS Internet Data Exchange (IDX) listing feeds that can attractconsumers to their websites don’t always represent buyers and sellers. Their goal is often to instead capturethe consumers’ contact information and sell it as a “lead” or referral to a brokerage that actively representsbuyers and sellers.

Who can participate?

A key issue in determining who has the right to display IDX listings has been whether a company qualifiesas an “MLS participant.”

Obtaining a brokerage license and joining an MLS without providing brokerage services is a relativelysimple way for a website operator to gain access to an IDX listing “feed” — all of the listings in a givenmarket represented by brokers who have agreed to publicize each other’s listings.

The IDX feeds are available only to “MLS participants” — defined by the National Association of Realtorsas individual brokers and real estate firms that “offer or accept cooperation and compensation to and fromother participants.”

In other words, only brokers who “actively endeavor” to list properties for sale and offer compensation to abroker who brings a buyer to a sale, or brokers who accept such offers of compensation for representingbuyers, can join an MLS and display IDX listings on their websites.NAR’s 2005 definition of an MLS participant — enshrined in the language of a 2008 settlement with theU.S. Department of Justice, which had filed an antitrust suit against the trade group – was intended to keep“referral only” brokers from joining an MLS.

READ THE REST OF THE ARTICLE HERE: http://fourcornersboardofrealtors.com/files/documents/CREN_article_-_Paper_Brokerages_Part_II.pdf

Please help us welcome our new Board of Directors for 2013 - 2014

From left to right: Lila Hansen (CAR Director), Cheryl Lindquist (Director), Carol Click (President Elect), Gerry Parker (President), Dawn Utrup (Director), Brenda Bates (Director), Bob Toles (Secretary/Treasurer) and David Barber (CAR President Elect).Not pictured: Preston Dillon (Director)Gerry Parker was chosen as REALTOR® of the Year. Congratulations and thank you!

A Huge Thumbs Up to Our Affiliates

American AgCredit 259-1540Citizens State Bank 565-8421Cobalt Mortgage 565-8407Colorado Land Title 564-9770Community Bank of CO 565-8589Cortez Journal 565-8527Dolores State Bank 882-7600First National Bank 565-8132Four Corners Builders Assn. 565-1771Guardian Home Insp. 759-9500

House of Carpets 565-9192Keesee Motors 565-8431Mancos Valley Bank 565-5432MD Title 565-8491Mortgage Solutions Financial 739-5758Shiloah’s Steak House 565-6560Southwest Health Systems 565-6666Top Line Floors 565-4877Vectra Bank 565-4411Wells Fargo Home Mort. 564-9929

Would you like to become and affiliate? Need some info? Call our board office at

(970) 565-0112.

10K Statistics3rd Quarter 2013 Now Available

The 3rd Quarter 10k Statistics are NOW AVAILABLE on your website. To view them please go to http://fourcornersboardofrealtors.com and click on the STATISTICS tab located on the left-hand side of the page. The format of these statistics allow for easier understanding from the public and your

clients.

Q3-2013 | SOUTHWEST REGION Monthly Snapshot

One-Year Change in One-Year Change in

Sold ListingsAll Properties

Median Sales PriceAll Properties

Quarterly Indicators

+ 21.9% + 6.5% + 20.0%One-Year Change in

New ListingsAll Properties

Residential real estate activity in the state of Colorado, comprised of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.

Includes the Durango Area Association of REALTORS®, Four Corners Board of REALTORS®, Pagosa Springs Area Association of REALTORS® and the San Luis Valley Board of REALTORS®.

Percent changes calculated using year-over-year comparisons.

With a fourth consecutive quarter of increases in almost all market indicators, we can comfortably say that most areas of Colorado are returning to what industry analysts would describe as "normal market conditions "

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10111213

Single Family Market Overviewindustry analysts would describe as normal market conditions.

New Listings were up 21.0 percent for single family homes and 13.4 percent for townhouse-condo properties. Pending sales clocked in at 494 for single family homes and 99 for townhouse-condo properties.

The Median Sales Price was up 10.1 percent to $240,000 for single family homes but decreased 12.3 percent to $174,950 for townhouse-condo properties. Months Supply of Inventory stood at 16.1 for single family units and 10.6 months for townhouse-condo units.

Of course two rounds of natural disasters in our state – fires and flooding – over the summer months will have significant impact on housing in the areas most directly affected and perhaps some ripple effects elsewhere. This means that not everyone is enjoying normal market conditions.

Current as of October 10, 2013. All data from the multiple listing services in the state of Colorado. Powered by 10K Research and Marketing.

Townhouse-Condo Market Overview

Days on Market Until SaleHousing Affordability IndexTotal Market OverviewGlossary of Terms

Click on desired metric to jump to that page.

New ListingsPending / Under ContractSold ListingsMedian Sales PriceAverage Sales PricePercent of List Price Received

How can your smartphone help streamline your workflow?I am always trying to find the latest and greatest technology that would make the lives of our members easier. I have also watched the trends and realize many agents are now using their smartphones more then ever in their day to day business. Focusing on this one piece of technology, I have compiled some of the apps I find could be most useful to you and others in our industry... of course, the trick is finding something EQUALLY as usefull as it is easy to use.

Jo Ann Johnston ~ MLS & Communication ~ DAAR

REALTOR.com Mobile Apps http://www.realtor.com/mobile?source=web Free for Android, Windows Phone, iPhone, and iPad Instantly access the largest and most popular database of real estate listings with this app, which supports GPS-based searches to show what properties are avail-able and what recently sold within a definable area based on your present loca-tion. Results are automatically mapped, with links to key listing details and prop-erty photos with a listing agent’s contact info.

JOTnot Scanner Prohttps://itunes.apple.com/us/app/jotnot-scanner-pro-scan-multipage/id307868751?mt=8 For iPhone, and iPad There are actually a lot of good scanner apps such as this one. These allow you to take a photo and it will convert it to a pdf or allow you to fax them from your phone. They come in pretty handy when you are trying to get things done asap!

Sign My Padhttp://autriv.com/sign-my-pad/ For Androids, iPhone and iPad Great app for filling in, signing, saving and sharing contracts. Fully featured, reliable and easy to use. In usual business fashion, there are other similar apps available such as SignEasy.

125 E. 32nd Street Durango, CO 81301 970-247-9604 www.durangorealtor.com

TO: All FCBOR REALTOR® Members DATE: November 1, 2013 RE: Annual Membership Dues

It’s annual dues renewal time! We appreciate your continued support of our organization. FCBOR leadership and staff are committed to finding new, useful ways of assisting you in your business, and it allows US to continue providing opportunities that support and benefit your career as a REALTOR®.

PLEASE REMIT YOUR DUES PAYMENT NO LATERTHAN NOVEMBER 30, 2013

INSTRUCTIONS FOR PAYING DUES ON-LINE

Login to the National Association of REALTORS® eCommerce website athttps://secure.realtor.org/ecommenu.nsf/ecommenu?OpenForm&Login

1. Login into the NAR eCommerce website. If you do not know what your username and password is, you will have to contact NAR at 1-800-874-6500 or use the, forget your password, forget your username links under the password field. We do not know what your username or password is to NAR.2. After logging in click My Invoice under the 2230 – FOUR CORNERS BOARD OF REALTORS® logo. 3. Then, click Pay My 2014 Invoice. 4. From there look over your 2014 Invoice, your RPAC contribution is voluntary and can be adjusted or removed. You can adjust the amount by typing in the amount in the current payment field next to the RPAC Voluntary Dues, then click Apply Changes at the bottom of the page. If you wish to remove this from your invoice, click the Pay Later button and then click Apply Changes at the bottom of the page.5. When the invoice total is correct, click Pay Invoice at the bottom of the page. 6. This will give you the option to pay with a credit card or electronic check. Select which payment method and follow the instructions.

If you need assistance please contact Jasmyn at (970) 247-9604. If you would prefer to mail a check please place your Driver’s license number on the check, make it out

to FCBOR and send it to the Durango Area Association of REALTORS, 125 E. 32nd Street, Durango, CO 81301. You can also call Jasmyn (970) 247-9604 and pay

via credit/debit card over the phone.

125 E. 32nd Street Durango, CO 81301 970-247-9604 www.durangorealtor.com

2014 Annual Dues Breakdown:

Fee Description AmountCARHOF - Voluntary Voluntary $ 20.00 FCBOR Dues Local Annual Dues $ 250.00 Colorado State Assoc. Dues State Annual Dues $ 145.00 National Assoc. Dues NAR Annual Fee $ 120.00

NAR Public Awareness Campaign Assessment $ 35.00

RPAC Contribution -Voluntary Voluntary $ 25.00

TOTAL $ 595.00

SECONDARY MEMBERS ONLY Fee Description Amount CARHOF -Voluntary Voluntary $ 20.00 FCBOR Dues Local Annual Dues $ 250.00

TOTAL $ 270.00

DEDUCTIBILITY OF DUES FOR TAX INFORMATION For the 2014 dues billing statements the non-deductible dues breakout is as follows, $25.00 RPAC voluntary dues, $20.40 of CAR dues and $55.00 of NAR dues are non-deductible. Payments to the Four Corners Board of REALTORS are not deductible as charitable contributions; however, such payments may be deductible as ordinary business expenses in accordance with IRS rules and regulations. The $75.40 of your year 2014 dues and $25.00 for RPAC voluntary dues is not deductible as a business expense because this portion is used for lobbying or the support of candidates at the local, state and/or national levels. CAR estimates that $5.00 in CAR dues will be used to reach the RPAC goal set by NAR. A portion of your RPAC voluntary fair share amount may be used to support federal candidates and will be charged against your limits under 2 U.S.C. 441a. No later than April 1st 2014, you may check ColoradoREALTORS.com to determine the portion. After CAR reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates and issues. You may contribute more or less than the suggested RPAC amount. You may refuse to contribute the $25.00 RPAC voluntary fair share amount without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed.

Until the state PAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.