Volume 17 • issue 9 - September 2013From Our President

Monthly Newsletter

Durango Area Assn. of REALTORS

It is hard to believe that a year has come and gone so quickly! The enjoyment I have experi-enced serving our association is hard to describe. There is a certain sense of fear as you settle into your new role and this subsides as the months pass and before you know it, you are running in stride and crossing the finish line. This year has truly been an amazing gift from all of you that will not be soon forgotten. The year started off with State Convention and learning about all of the changes that have been made to lending with the CFPB (consumer financial protection bureau) this organization is cer-tainly one that “has teeth” and is truly out for the protection of the consumer. We then faced issues at home with our own “home” upon having several inspections done, it was determined that instead of placing band-aids on the building and still having the same issues that it may make sense to do a complete overhaul. A special thanks to the Building/Audit and finance committee and especially Russ Smith , Steve Eccher and Frank with Animas Valley Con-struction without whom none of this would have been possible.

Thank you all for allowing your voices to be heard on extending National Flood insurance and several other call to actions. Please continue to allow the advocacy of our our National, State and Local association work for you through these calls to action. Last but certainly not least and still in the one tuning process is the downsizing of our State Board of Directors which if passed, will allow for decreased local spending on travel and hope-fully a smaller and more effective board. Again, it truly has been a pleasure to serve our association in the past 12 months and it will be a pleasure to serve you as a our Past President, CAR Director as well as your Southwest District Vice President Elect. I welcome the opportunity to serve our association again in the future!!!

Thank your for allowing me this amazing opportunity.

Please be sure to welcome Kelly Kniffin our 2013/2014 President, I know she also is looking forward to the opportunity to serve our association.

Denise Storm a.k.a. Mighty Mouse

Congratulates these outstanding REALTOR® members & affiliates that were honored at this year’s 2013 Annual Installation Banquet for their extra-ordinary commitment and

involvement in our community & industry.

Distinguished ServiceJarrod Nixon - Coldwell BankerHonoring outstanding service and committment to the President, Association and Industry as a whole.

REALTOR Spirit Russ Smith - Keller WilliamsHonors the member who truly embodies REALTOR® Spirit. This award is given to those who are actively involved in the Association & Community, contribute to the industry, & are working to expand their knowledge byworking towards continuing education designations.

REALTOR® Of The YearDenise Storm - Re/Max PinnaclePresented to a REALTOR whom in the past year has made a substantial contribution to our asso-ciation and community. Heavy participation in local, state and national events is a defining factor in all who attain this most prestigious of awards.

Distinguished ServiceJo Ann Johnston - Durango Area Assn. of REALTORS®Honoring outstanding service and committment to the President, Association and the Industry as a whole.

Outstanding AffiliateStewart TitleIn honor of an individual who has demonstrated an outstanding commitment to the welfare of the Association.

Community ServiceRegional Housing AlliancePresented to those making a substantial contribution to our area regarding real estate and/or housing opportunities.

The Durango Area Association of REALTORS®

Rookie of the YearIsaac Fleener - Bayfield RealtyIn honor of the pursuit of education, REALTOR® involvement, committee activity, general membership participation, & business accomplishments.

G O T E D U C A T I O N ?The 7 Big Trends Changing Real Estate Today Date: Tuesday, Oct. 22nd from 10am - 12pmCost: $20 Location: DAAR OfficeInstructor: Bruce GardnerCE: NONE- Professional DevelopmentPlease sign up online using your LAMPS login at https://daar.getlamps.net/Default.aspx?page=calendarMassive changes are occurring in our society, & these changes are affecting the real estate industry as never before. Technology, consumer behavior, industry demographics & more are causing fundamental shifts in how business is done. In this captivating 2 hour presentation you will learn about the seven trends & how to prepare yourself and your business for success. Learn how our industry is being changed by syndication, mobile web access, “Google” interviews, agent ratings, augmented reality, tablets & video. We’ll also discuss some other trends to watch and how they will affect you.

Amazing Apps for Agents Date: Tuesday, Oct. 22nd from 1-3pmCost: $20 Location: DAAR OfficeInstructor: Bruce Gardner CE: NONE- Professional DevelopmentSign up online using your LAMPS login at https://daar.getlamps.net/Default.aspx?page=calendarSmartphones and Tablets are the new “power tools” for real estate Agents, and “Apps” help Agents create a customized expe-rience on these new platforms. This exciting 2 hour event takes a look into the fascinating world of “Apps” and how they can help Agents be more productive, more efficient, more profitable and have more fun every day.

Register Today $35 visit:

EconomicSummit.Yeslpc.com

Featured Keynote Speaker Jay Elliot Former Senior VP of Apple

Keynote presented by:

Join us for a day filled with ideas to Collaborate, Innovate and Grow your Business!

Breakout Sessions include Business Strategy, Lean Management, Technology, Marketing, Education and Leadership.

For More Info: 970-259-1700 or info@yeslpc.com

Axis Health Basin Printing

Colorado Lending Source Durango Business Improvement Dist.

Durango Area Tourism Office FastSigns

FastTrack Communications La Plata Electric Association

The Payroll Department Region 9 Economic Development Dist.

Russell Planning & Engineering

DAAR CALENDAR OF EVENTS

1 9/18/2013 12:21 PMstaff

Su Mo Tu We Th Fr Sa1 2 3 4 5

6 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31

October 2013Su Mo Tu We Th Fr Sa

1 23 4 5 6 7 8 9

10 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 30

November 2013

October 2013

Sep

29 -

Oct

5

Sep 29 30 Oct 1 2 3 4 5

Oct

6 -

12

6 7 8 9 10 11 12 Newsletter Published 8:30am 10:30am

Executive Committee(DAAR)

8:15am 10:15am BOD Meeting (DAAR)

Oct

13

- 19

13 14 15 16 17 18 19 CAR Convention (Denver)

Stats Published Stats Published

Oct

20

- 26

20 21 22 23 24 25 2610:00am 12:00pm

CLASS- The 7 Big Trends Changing RE

1:00pm 3:00pm CLASS-Amazing Apps for Agents/ Bruce Gardn

Economic Summit (Sky9:00am 12:00pm

CLASS- Breakout! Your Best Year Ever/ Bruce Gardner (Pagosa)

DAAR Annual Donation9:00am 1:00pm CLASS-

Super Sales Skills/ Bruce Gardner (Cortez)

Oct

27

- N

ov 2

27 28 29 30 31 Nov 1 2Beer w/ the President (

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

The 2012-2013 Durango Area Association of REALTORS® Board of Directors:

President / Denise Storm / 759-9819 / denise@denisestorm.comPresident-Elect / Kelly Kniffin / 749-3867 / Kelly@homesdurangoco.com

Past President / Jarrod Nixon / 769-0774/ jnixon@yesdurango.com Vice President / Jim Wotkyns / 375-7005 / jim@jimwotkyns.comTreasurer / Jerome Bleger / 759-1658 / jerome@yesdurango.comDirector / Cathy Craig / 749-3986 / ccraig@durangomountain.com

Director / Gabi Bergstrom / 946-7522 / gabi@frontier.netDirector / Linda Buzzalini / 259-6680 / lindabuzz@frontier.netDirector / Nicole Perino / 259-6680 / perinodurango@gmail.com

CAR Director/ Lois Surmi / 749-7559 / lois@realestatedurango.comCAR Director/ Jarrod Nixon / 769-0774/ jnixon@yesdurango.com

Association Office StaffExecutive Officer/ Amanda Erickson/ 247-9604/ amanda@durangorealtor.com

Member Services/ Jasmyn Fouts/ 247-9604/ jasmyn@durangorealtor.comMLS & Communications/ Jo Ann Johnston/ 247-9604/ joann@durangorealtor.com

1 9/18/2013 12:21 PMstaff

Su Mo Tu We Th Fr Sa1 2 3 4 5

6 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31

October 2013Su Mo Tu We Th Fr Sa

1 23 4 5 6 7 8 9

10 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 30

November 2013

October 2013

Sep

29 -

Oct

5

Sep 29 30 Oct 1 2 3 4 5

Oct

6 -

12

6 7 8 9 10 11 12 Newsletter Published 8:30am 10:30am

Executive Committee(DAAR)

8:15am 10:15am BOD Meeting (DAAR)

Oct

13

- 19

13 14 15 16 17 18 19 CAR Convention (Denver)

Stats Published Stats Published

Oct

20

- 26

20 21 22 23 24 25 2610:00am 12:00pm

CLASS- The 7 Big Trends Changing RE

1:00pm 3:00pm CLASS-Amazing Apps for Agents/ Bruce Gardn

Economic Summit (Sky9:00am 12:00pm

CLASS- Breakout! Your Best Year Ever/ Bruce Gardner (Pagosa)

DAAR Annual Donation9:00am 1:00pm CLASS-

Super Sales Skills/ Bruce Gardner (Cortez)

Oct

27

- N

ov 2

27 28 29 30 31 Nov 1 2Beer w/ the President (

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

The 2012-2013 Durango Area Association of REALTORS® Board of Directors:

President / Denise Storm / 759-9819 / denise@denisestorm.comPresident-Elect / Kelly Kniffin / 749-3867 / Kelly@homesdurangoco.com

Past President / Jarrod Nixon / 769-0774/ jnixon@yesdurango.com Vice President / Jim Wotkyns / 375-7005 / jim@jimwotkyns.comTreasurer / Jerome Bleger / 759-1658 / jerome@yesdurango.comDirector / Cathy Craig / 749-3986 / ccraig@durangomountain.com

Director / Gabi Bergstrom / 946-7522 / gabi@frontier.netDirector / Linda Buzzalini / 259-6680 / lindabuzz@frontier.netDirector / Nicole Perino / 259-6680 / perinodurango@gmail.com

CAR Director/ Lois Surmi / 749-7559 / lois@realestatedurango.comCAR Director/ Jarrod Nixon / 769-0774/ jnixon@yesdurango.com

Association Office StaffExecutive Officer/ Amanda Erickson/ 247-9604/ amanda@durangorealtor.com

Member Services/ Jasmyn Fouts/ 247-9604/ jasmyn@durangorealtor.comMLS & Communications/ Jo Ann Johnston/ 247-9604/ joann@durangorealtor.com

© 2013 Cobalt Mortgage, Inc., 11255 Kirkland Way, Suite 100, Kirkland, WA 98033. Toll Free: (877) 220-4663; Fax: (425) 605-3199. NMLS Unique Identifier: 35653; Arizona Mortgage Banker License #0909801; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.; Regulated by the Colorado Division of Real Estate; Nevada Mortgage Banker #3723; Nevada Mortgage Broker #3725; Oregon Mortgage Lender License #ML-2991; Washington Consumer Loan License #520-CL-48866. George R. Johnson, NMLS-418631. Ticket #2013082710001436

Regulated by the Division of Real Estate.

Cobalt Mortgage, Inc. NMLS-35653

Questions about reverse mortgages? Call Cobalt Mortgage and get all the facts.

George Johnson NMLS-418631Reverse Mortgage Loan Originator970.828.2408george.johnson@cobaltmortgage.com

You owe it to your senior clients to know the basics.Reverse Mortgage for Purchase:

Mortgagesmade easy.

You’ve helped them find the perfect house. Now help them make it their home with a mortgage from Community Banks of Colorado. With 50 convenient locations in Colorado and the ability to finance unique properties, Community Banks of Colorado has a common sense approach to clients’ mortgage needs. To help find the best mortgage solution for your client contact Margie Sittner of the Durango Banking Center at 970-259-0212 or go to cobnks.com/mortgage.

COMMITTEE MEETINGS SCHEDULEDCommittee

Executive CommitteeBoard of Directors

Date/Time/LocationTuesday, 10/8/2013 - 8:15 -DAAR

Thursday, 10/10/2013 - 8:15 -DAAR

Contact InformationAmanda - amanda@durangorealtor.comAmanda - amanda@durangorealtor.com

What’s Happening With The Membership?

Goodbye & Good Luck!True Kirk - Homestead Realty Paul O’Neal - Cooney Realty

WeLcome NeW membersJon Penny - Durango Properties

Tina Bonecutter - Keller Williams Maria Carsburg - The Wells Group

TraNsfers

AGENT NAME:Dianne HelenoKelly DiGiacom

TRANSFERRING FROM:Durango Homes & Land

Durango Realty

TRANSFERRING TO:Coldwell Banker

Durango Mountain Realty

WeLcome backHeath Ruggles - Ruggles Realty

Mortgagesmade easy.

You’ve helped them find the perfect house. Now help them make it their home with a mortgage from Community Banks of Colorado. With 50 convenient locations in Colorado and the ability to finance unique properties, Community Banks of Colorado has a common sense approach to clients’ mortgage needs. To help find the best mortgage solution for your client contact Margie Sittner of the Durango Banking Center at 970-259-0212 or go to cobnks.com/mortgage.

Lisa M. ReedPresident

1099 Main Avenue. Suite 213 • Durango, CO. 81301970-382-9800 • Fax 970-382-9808

E-mail: lisar@southwest-mortgage.com

Southwest MortgageLoans, Inc.

EQUAL HOUSING

LENDERFDIC

Mike and Judy Malone970.375.BANK (2265)

1201 Main Avenue, Suite 101Durango, CO 81301

Colorado Capital Bankmortgage

R E S I D E N T I A L M O R T GAGE OF COLORADO A DIVISION OF UNIVERSAL LENDING CORPORATION

Mike & Judy Malone970.375.2265

970.749.1104 (Judy) 970.749.1101 (Mike)

1201 Main Avenue, Suite101www.applywithjudy.com

Michael K. Russell, PEPrincipal

934 Main Avenue, Unit C Durango, CO 81301

ph: 970.385.4546 fx: 970.385.4502e: michael@russellpe.comwww.russellpe.com

September birthdayS

Dianne Heleno ~ 9/2Zach Morse ~ 9/3Taryn Yates ~ 9/4Ron Trujillo ~ 9/6

George Leonard ~ 9/7Ron Guffey ~ 9/8Mary Rigby ~ 9/9

Michael Carney ~ 9/13Dennis O’Brien ~ 9/14Norma Engman ~ 9/15

Wardine Lee ~ 9/16Darryl Kuntz ~ 9/18

Terrie Anstead ~ 9/18

Todd Sieger ~ 9/21Connie Chamberlain ~ 9/21Joe Bob McGuire ~ 9/22Bruce Campbell ~ 9/23Rick Zimmerman ~ 9/23Robert Machen ~ 9/24Gordon Rhodes ~ 9/25

John Wells ~ 9/25Kim Cofman ~ 9/27

Paula Lafferty ~ 9/27Jerome Bleger ~ 9/27

Bill Weir ~ 9/29Jim Lindaman ~ 9/30

Important Updates and Reminders!

GRANT RECEPTION - SAVE THE DATE!PLEASE JOIN US THURSDAY, OCTOBER 24th

FOR OUR ANNUAL GRANT RECEPTIONAt The DAAR OFFICE AT 5:30pm

This year the Community Service Committee will be joining the Housing Opportunity Committee in a JOINT reception for recipients of

CARHOF grants and funds raised at our annual golf tournament. We would love for you to join us! To RSVP, contact Jo Ann at 970-247-9604

PARAGON PASSWORD CHANGE REMINDERYep, Its that time again! When you log into Paragon on Oct. 1st it will ask you to

change your passoword so get your thinking caps out!

Community ServiceOne of the entities supported by donations raised by our members is The Summer Literacy Program. We have recieved numerous letters from children who have benefited from your gener-osity. We hope you enjoy them as much as we did!

Ethics Corner- By Steve StazelSteve Stazel is a senior ethics instructor for C.A.R. since 1979,

teaching the Professional Standards course here in Durango and across the state of Colorado. He has been a REALTOR since 1974 and is a member of N.A.R.’s Professional Standards Committee. Steve is

available to answer your ethics questions at303-773-3333 or email him at stazels@msn.com

PRESERVATION OF CONFIDENTIAL INFORMATION

Here is an actual situation that occurred recently in Colorado. The names have been changed. What would you do?

Broker Bud Tugly had a listing that went under contract with buyer Les Ismore (an accountant). The contract price was well below the asking price. Two days after contract acceptance another buyer, Helen Back (a travel agent) to whom Bud had previously shown the property told Bud that she wanted to buy the property. When told the property was under contract she chose not to put in a back-up offer. Two days later the listing contract expired. Three weeks later the contract failed. The seller refused to re-list with Bud. However Bud did obtain permission from the seller to show the property to Helen Back. After seeing the property again Helen decided to make an offer. Here is the dilemma that Bud has…Since he is a buyer’s agent for Helen and has no relationship with the seller, does Bud tell Helen what price the seller accepted with the first buyer? If Bud were a trans-action broker would this affect the situation?

This might be a good question to discuss around your office and with other brokers that you know. What is the answer? You can find it in Standard of Practice 1-9 of the Code of Ethics.

f o r Su c c e s s

Char t in g the Course2013 - 2014f o r Su c c e s s

INSTALLATION 2013 - 2014