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Tag: South Metro Denver REALTOR Association
July 2, 2024

Proposed Sale of REcolorado – Frequently Asked Questions – Update 07-09-24

DOWNLOAD THE LATEST FAQs DOCUMENT Are DMAR and SMDRA in an agreement to sell their respective shares of the REcolorado MLS?After extensive conversations with the respective boards, including research and evaluation of long-term options, the Denver Metro Association of Realtors® (DMAR) and the South Metro Denver Realtor® Association (SMDRA), the shareholders of REcolorado, have agreed […]
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June 28, 2024

For Immediate Release: REcolorado Sale – Additional Information

FOR IMMEDIATE RELEASE Brendan Bailey bbailey@dmarealtors.comMelissa Madonado melissa@smdra.com DMAR and SMDRA remove REcolorado Board Members in unanimous, joint resolution as shareholders announce agreement to sell REcolorado to MAZL, LLC DENVER – June 28, 2024 – As complete shareholders of Metrolist, Inc./dba REcolorado, the Denver Metro Association of Realtors® (DMAR) and South Metro Denver Realtor® Association […]
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June 25, 2024

Joint Statement on the Prospective Sale of REcolorado

Joint statement from the South Metro Denver REALTOR® Association and the Denver Metro Association of REALTORS®, respectively. First and foremost, we want to apologize to each of you as our members that we were not able to share the news of what has now been reported in industry publications regarding the proposed sale of REcolorado®. Unfortunately, […]
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May 3, 2024

UPDATE: Settlement Agreement – Upcoming Practice Changes in MLS Policy

Ahead of our upcoming REALTORS® Legislative Meetings in Washington, D.C., we wanted to share key details of the required practice changes under our Settlement Agreement. These practice changes result in revisions to the MLS policy handbook which are summarized below. The revised policies will go into effect on August 17, 2024. A more detailed explanation […]
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April 24, 2024

Litigation Update: Motion Filed for Preliminary Approval of Settlement Agreement – 04-23-24

The National Association of REALTORS® has shared an additional update with us regarding the motion for preliminary approval in the settlement. They shared with us over the weekend that the Plaintiffs’ counsel filed a Motion for Preliminary Approval of this agreement with the federal court in the Western District of Missouri. Today, Judge Bough granted […]
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April 9, 2024

Real Estate Insiders Podcast – NAR’s Next Move

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March 20, 2024

UPDATE: Correcting the Record – NAR Does Not Set Commissions

Following recent inaccuracies in media coverage, including the false representation or suggestion that the National Association of REALTORS® (NAR) requires a standard 6% commission, NAR has issued the following statement: The National Association of REALTORS® (NAR) does not set commissions – they are negotiable. The rule that has been the subject of litigation requires only […]
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March 19, 2024

Breaking News: NAR Reaches Agreement to Resolve Home Seller Class Action Lawsuits

The Sitzer-Burnett verdict and the copycat cases filed across the country have raised questions about the way real estate professionals do their jobs and how consumers can hire and compensate us. Since the litigation began, we have worked consistently to reach a resolution with the plaintiffs. In the months since the Sitzer-Burnett verdict, we redoubled […]
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September 28, 2023

CAR Takes Oppose Position on Proposition HH

While the Colorado Association of REALTORS®(CAR) recognizes the need and is ready to fully support thoughtful, well-vetted property tax relief for all Coloradans, CAR has taken an oppose position on Proposition HH. CAR’s comprehensive decision-making process included hearing directly from campaigns supporting, opposing, and educating on Prop HH, reviewing the Blue Book content and analysis […]
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March 30, 2023

Nestfully Consumer Portal

Nestfully Consumer Portal Quickly Reaches Initial Launch Phase (Chino Hills, Calif., Greenwood Village, Colo. and Rockville, Md.) March 29, 2023 — Nestfully, a new industry initiative built for consumers and powered by brokers and MLSs, has quickly reached initial launch stage and is now available to millions of consumers in nine of the most populated […]
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