Updated 03/30/2020 9:15am
The AAR Offices and Building will be closed until at least April 1, watch AAR newsletter bulletins and social media for any updates. We are working remotely, but we are in this together.
We encourage all REALTORS® to refer to NAR’s Coronavirus Guidance for REALTORS® for recommendations on safe practice during this time.
CLICK HERE for NAR Coronavirus Guidance for REALTORS®
CLICK HERE for NAR Coronavirus: Resources for Property Owners
AAR Local Bites
Local Bites coming FREE to AAR members! You must be an active member of AAR to participate in these valuable small-bite information webinars. Advance registration required! Limited to the first 100 attendees.
March 31, 2020 1:30 pm Health Insurance Update – Protection to Get You Through COVID-19
Join AAR Industry Partner, Stacy Branch of HealthMarkets, to discuss the Healthcare issues COVID-19 presents and your options to ensure you stay healthy! Registration is required.
April 2, 2020 10:00 am Inspections in Our New Environment
AAR Industry Partner, Rob Knepshield of RBSK Inspections, shares safe practices, language you can use with buyers and sellers and what you can expect with an inspection. Registration is required.
April 2, 2020 1:30 pm Thriving in a Pandemic by Working Remotely
In these uncertain times with the coronavirus everyone at home in self-quarantined, most of us think their real estate business has completely come to a halt too. Well, not if you know about some of the great technology tools and tricks that are out there than can help you keep your business humming by doing virtual conference calls, property tours, work collaboratively with customers and more during these confusing times. In this special private webinar for AAR, national speaker and technology specialist Craig Grant will share many proven tips and techniques that can help your real estate business thrive during these crazy times by working remotely which can help you now and in the future once life gets back to normal. Registration is required.
April 3, 2020 10:00 am Lending Industry Update
AAR Industry Partner, Ann Bagwell of BOK Financial, provides an update on what FHA, Fannie Mae and Freddie Mac are up to. Find out how the changes to the appraisal process may affect the deal. Registration is required.
April 9, 2020 9:00am 2020 Annual Commission Update
Join AAR & Connie Tremblay to get your required Annual Commission Update (ACU) completed early this year. Even with all the uncertainty and changes to our industry practice, the ACU course covers all the issues you NEED to know per the Colorado Real Estate Commission. This class is FREE exclusively for AAR members. Login is normally the member’s First and Last name in this format: FirstLast. If you need your password, use the “Forgot Password” link to get that emailed to you.
Recent Industry News for REALTORS®
03/30/20 9:15am Colorado Secretary of State’s Office to Implement Remote Notarization
After working closely with the Governor’s office, stakeholders, and the legal community, the Colorado Secretary of State’s Office will implement a remote notarization process. Remote notarization will assist Coloradans and businesses during the COVID-19 pandemic.
“We are committed to maintaining important services for Coloradans during this national health crisis,” said Secretary of State Jena Griswold. “Remote notarization will enable Coloradans and businesses continued access to notary services while observing the social distancing guidelines that keep us all safe.”
Governor Polis issued an Executive Order today, which states in part: “Pursuant to the authority vested in the Governor of the State of Colorado and, in particular, pursuant to Article IV, Section 2 of the Colorado Constitution and the relevant portions of the Colorado Disaster Emergency Act, C.R.S. § 24-33.5-701 et seq. (Act), I, Jared Polis, Governor of the State of Colorado, hereby issue this Executive Order ordering the temporary suspension of the personal appearance requirement before notarial officers to perform notarizations due to the presence of coronavirus disease 2019 (COVID-19) in Colorado.”
Secretary Griswold will issue emergency rules on Monday, setting forth the procedures and requirements for remote notarization in Colorado during this state of emergency. These rules will address implementation of the remote notarization process while including protections against identity theft and fraud.
For more information, please visit www.sos.state.co.us.
03/27/20 12:00pm Congress Clears Coronavirus Rescue Bill Filled with REALTOR® Benefits
The U.S. House of Representatives passed a historic $2.2 trillion COVID-19 rescue package Friday, sending it to President Trump for his signature.
The bill contains numerous benefits for REALTORS® that NAR fought hard for during the past three weeks, including unemployment eligibility for the self-employed and independent contractors; unprecedented aid for small businesses; and a delay in business payroll tax payments.
NAR has compiled a comprehensive guide to all benefits for REALTORS® and their customers found in this legislation.
“This bill will go a long way to help people through these next weeks until the economy can open up again,” said Shannon McGahn, senior vice president of government affairs for NAR. “This is the third and largest rescue package to-date, and we are already working with Congressional leaders on round four.”
“The real estate industry supports nearly 10 million jobs in the United States and makes up 17% of our economy,” McGahn continued. “Congress understands that a strong housing market will lead the economic recovery.”
12:31pm Updated Public Health Order: Colorado to Include Real Estate as Critical Business
Diligence has paid off! Thank you Colorado Association of REALTORS®. Please see the attached statement from CAR: bit.ly/RECriticalBiz
11:45am STAY TUNED! The Colorado Association of REALTORS® is working hard to have the Governor of Colorado include Real Estate as Essential Service.
10:20am Update: From CAR & REcolorado
Open Houses Temporarily Disabled in REcolorado Matrix
To make certain we are supporting our subscribers’ businesses, while also doing our part to protect their health and safety, the REcolorado Executive team, with the support of the REcolorado Board of Directors, has decided to temporarily disable Open Houses in REcolorado Matrix beginning today.
Last week we started preparing for the possibility of suspending Open Houses so we would be ready when the time was right. With the recent developments, including the state-wide Stay-At-Home order, Real Estate being designated as an “essential service” in the city and county of Denver, and CoreLogic’s ability to support the adjustment, we decided the time is now.
We will send communications to all REcolorado subscribers later today, promote the Open Houses Temporarily Disabled post that is on the REcolorado Professionals Blog using our various communications channels, and send an email message to all subscribers who currently have Open Houses in REcolorado Matrix to make them aware of the change.
Information is vital during these unprecedented times. We’ll continue to post timely and relevant content to the REcolorado Professionals Blog, including resources for promoting listings from a safe distance and more. Please help us get the word out by sharing our messages and social media posts and posting links to information on our blog.
On behalf of the REcolorado Team, we want you to know how much we appreciate your support. We look forward to the day we can let our customers know Open Houses are back.
CAR Legal Counsel Addresses Whether Real Estate is an “Essential Service” after Colorado Governor declares Shelter in Place Order
At this time, it is very clear that real estate is NOT currently considered a “critical” (“essential”) business under the Governor’s Executive Order from late yesterday. CAR is – and has been – working hard to have real estate added.
A couple of quick, important points I would like to make:
- The state EO supersedes any local/municipal orders that were previously put into place.
- Real estate brokers are NOT a “financial service”
- Effective immediately, real estate brokers should not be performing any brokerage services outside of their own residences.
- Brokers should be consulting closely with their clients and working to immediately implement the new COVID Addendum on existing or new contracts.
- I might encourage your respective MLSs to suspend the scheduling of showings on active listings (at least scheduling THROUGH the MLS platform). I believe it is important to NOT facilitate the breach of the current EO by brokers, sellers & buyers.
Scott Peterson, Esq.; Colorado Association of REALTORS® General Counsel
PREVIOUS NEWS RELEASES
COVID-19 Addendum now available!
CAR has worked with the Colorado Bar Association to create an approved addendum to the Contract to Buy and Sell that addresses real estate transactions affected by implications of COVID-19. To access the COVID-19 Addendum, click here . For information about the addendum, watch the new Legal Bites that was just recorded by Scott Peterson.
Real Estate an Essential Service in Adams, Arapahoe, Denver, Douglas and Jefferson Counties
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