There's certainly some craziness going on in the world right now, and unfortunately our country and our industry is not immune to it.
We've all seen the credit card scams and fraudulent emails asking for bank information over the years, but the scammers and hackers are getting much more educated and have figured out ways to get into the real estate industry. We owe it to our clients to properly educate them as to what is the latest development and how they can prevent being targeted, or at least not to reply when they are targeted.
Most recently, there was a circumstance in Durango, CO where a buyer was mailed an official looking letter stating that they needed to send a $75 check to the title company in order to receive a copy of their deed. The letter appeared to come from the title company, but the return address on where to send the check was a PO Box. Fortunately, this buyer had the wherewithal to contact his agent and ask if it was legit and this scam was avoided. I've heard of other instances in Colorado where hackers are getting into real estate broker's emails, and right before closing they send an email to the buyer stating where to send the wire for the purchase of their home, and the wire just happens to be some off shore account. Unfortunately, I don't believe that scam was avoided.
It's important that we relay not only to our clients, but also to our public communities, that these scams are happening in our state and in our industry. As professionals in our industry we need to be prepared to be the source of the information prior to it being too late.
Justin Osborn, Realtor
The Wells Group
Colorado Chapter Leads by Example
Bart Miller, ALC
Chairman RLI Colorado Chapter 5
Some of you may have attended the recent Nebraska chapter organizational meeting and tour of Valmont Valley Irrigation manufacturing plant in McCook Nebraska on July 20th and 21st 2016. The meeting in McCook was the third in a series of rotating meetings over the last three years between the Colorado chapter on our eastern plains, the western territory of the Kansas chapter and our collective efforts to help bring together a chapter in western Nebraska.
Our intention as a Colorado chapter is to help organize an annual rotating agricultural meeting among the three chapters representing the region to bring more marketing, networking and educational opportunities to members of RLI.
The meeting was well attended by Colorado, Kansas and Nebraska professionals who do business across the three state lines in the region. Overall the meeting was casual but very informative. On Wed. July 20th we discussed how a Nebraska chapter would be beneficial to the region; we pitched a few agricultural properties, discussed Ag markets and heard from Paul Mussman of Agwest about trends/forecasts in the commodity markets and what to watch for in the months ahead. Afterwards we continued networking during a fulfilling steak dinner!
On July 21st we toured the Valmont Valley Irrigation manufacturing plant gaining knowledge of new irrigation technologies ahead and how this company produces irrigation equipment and delivers their product globally.
As one of the strongest chapters in the country the Colorado chapter and our members lead by example. We strive to support our members locally and regionally and are always pushing ahead to find new opportunities.
If you have an interest to participate in these joint chapter events as a member, volunteer or sponsor please let us know. Our next joint meeting between Colorado, Kansas and Nebraska will be held in the summer of 2017.
Once again it is time for our annual election of officers for the Board of our State Chapter. Please see the notice posted in the newsletter. Our Board of Directors has been and continues to be an exceptional group. Our Chapter has been one of the top Chapters in the country and our Board is a big part of that. If you have the time and are interested in serving, please contact me or Maggie Thomas prior to our September meeting in Grand Junction. In addition, there are numerous committees always looking for volunteers.
Also in this newsletter is the criteria for the Colorado Land Realtor of the Year nominations. Please review the standards and contact myself or Maggie if you would like to nominate someone for this prestigious award.
Just a reminder to bring your listed properties and active buyers to our September 8 and 9 meeting in Grand Junction. The marketing package forms and power point templates are on our website coloradorli.com. Contact me at 970-241-3939 or email@example.com with any questions or comments.
Steve Fleming, ALC
Clean Water Act
Controversy continues to plague the 2015 Waters of the U.S. (WOTUS) rule. The 1972 Clean Water Act originally sought to restore and maintain the biological integrity of our nation's waters. Several legal battles involving small land and business owners and the behemoth governmental agency brought into question which waters actually fell under the CWA regulation. Several Supreme Court decisions over the years have further confused interpretation of the CWA and in 2006 Supreme Court Justice Anthony Kennedy further muddied the waters when he discussed the term "significant nexus" but did not suggest which waters were significant. The EPA attempted to clear up the confusion with the WOTUS rule which ignited a firestorm on both sides of the issue.
The proposed EPA clarification, which was released prior to completion of a scientific study, was widely interpreted as a giant governmental overreach by agricultural, mining and construction groups but failed to satisfy environmental groups. Despite a public comment period that produced over a million responses and widespread criticism of the proposed rule, it was adopted. A majority of States challenged the rule in various courts and although the 6th Circuit Court of Appeals issued a nationwide injunction, the rule has not been withdrawn. Ironically, as the EPA asserted its duty to protect the nation's waterways, it was responsible for spilling millions of gallons of toxic waste into Colorado's Animas River. This should be part of the conversation about clarity, regulation and jurisdiction as the controversial agency, its controversial actions and its controversial WOTUS rule come to the attention of our country's highest court in the future.
Christy Belton, ALC
The Colorado RLI & Open Fences Ranch Tour held in Westcliffe, CO in June was a great success.
Our tour host, Ron Morris, Ranch Marketing Associates (RMA), did a great job of lining up some excellent properties for us to view. 40+ brokers and sponsors were along for the tour, for some this was their first time doing so. We also had some brokers attend from the area who were new to experiencing what the REALTORS Land Institute and the Colorado Chapter were all about. Very glad to report that a few of those brokers realized the benefit of belonging to RLI and have already joined and become a part of our Chapter!
The hospitality at the places we visited and in some cases had breakfast, lunch or dinner was top notch.
Our thanks to David Light with Open Fences for being our sponsor.
Mark your calendar for next year's tour which will take place on June 8 & 9, 2017.
Once again it's time for the annual election of officers for our Colorado Chapter. The president-elect position as well as other director positions are open. If you are interested or would like to get involved with the board of directors or the Chapter, please contact Steve Fleming or Maggie Thomas for further information. Our election will take place at the September 8, 2016 Grand Junction membership meeting prior to the marketing session.
Land Realtor of the Year
Also at our September meeting, we will announce the Colorado Land Realtor of the Year. The standards for this prestigious award are as follows:
Consistent and successful REFERRALS to RLI members
Marketing and education session attendance
Deals from marketing sessions
Record of volunteering and completing tasks for the Chapter
Noted promotion of RLI
Involvement with the Colorado Association of REALTORS® (CAR)
Other industry awards, designations, distinctions
Service to the Chapter (as officer/committee member)
National RLI service
Cooperation between RLI members in any form
Transaction volume; significant, consistent, great numbers in deals or $'s
Please submit your nomination to Maggie Thomas or Steve Fleming no later than September 6th. The award will be announced and presented September 8th in Grand Junction
The deadline to book your hotel room for the September meeting is fast approaching!
Book your hotel reservation at the Courtyard by Marriott, Grand Junction, $119.00 per night by August 17th!
Registration for the marketing and education sessions is available on the Chapter website.
The Colorado Chapter will hold the new ALC course," Real Estate Mapping Technologies & Techniques" previously known as "Mapping and Practical Navigation" on Thursday & /Friday, October 6 & 7. Course will be held at the Double Tree Hotel in Breckenridge, put G74 in the group code field. Room rate – $119/night (Reservation deadline 9/5/2016)
By taking this course, you will gain confidence in your abilities with relevant navigational insights and skills to effectively locate, traverse, list, and market land parcels. Using basic land navigation skills and technologies like compasses, Global Positioning Systems (GPS), and the latest mapping software will help real estate professionals to grow business and better meet client needs.
After taking this course, attendees will have the:
Expertise to work efficiently with mapping programs like ESRI, Google Earth Pro and MapRight.
Confidence to know what kind of maps should be made for a property and how to accurately draw them out.
Competence to effectively use maps to optimally market a property.
Knowledge to find a property using private and government sources, use navigation programs in the field, and utilize data collected in the field to enhance your marketing maps.
Register by September 20th to receive early bird pricing, $275.00. Class has been approved for 16 hours of continuing education credit in Colorado and Wyoming.
Sign up for the class, make it a long weekend and check out the fall colors in the mountains!