The RLI Colorado Chapter is saddling up for another ranch tour this year. From cow-town to ski-town, Steamboat Springs will be the destination for this year's ranch tour happening June 23rd and 24th. The tour will feature a number of Routt County properties, its people and their stories. Despite the limited inventory, this year's tour will offer its attendees a greater understanding of the Routt County Market offerings, an introduction to AgriTourism by showcasing some of the properties and families that operate them and more importantly creating opportunity for those on the tour to build and strengthen RLI relationships and camaraderie within the Chapter through dinners and the Steamboat Springs Pro Rodeo.
In addition to the RLI Colorado Chapter's three marketing meetings held annually, the ranch tour offers chapter members the opportunity to put boots on the ground and immerse themselves in a market area within our state. Attendance for the tours has averaged fifty plus attendees and continues to serve as a social and educational event for those in attendance.
Thanks to the Land Broker COOP, the tour's title sponsor, the Chapter is able to offer the event with no registration fees, leaving only the cost of travel and lodging as expenses to attend.
Craig suggests bringing the family and stay the weekend, This place is gorgeous in the summer! Hiking, biking, fishing, river floating, hot springs, good food and good people, Steamboat will be a good time!
The RLI Colorado Chapter, Land Broker Coop and Mason the Ranch Company look forward to seeing you there! Call Craig Townsend with questions.
Hello chapter members. Earlier this spring the board put together a chapter survey that was sent out by email to all active Colorado chapter members . The survey was an updated 2022 version of our previous chapter survey from 2017. It was emailed to the 151 active members at the time. We have had an increase in membership since early spring and our current active membership level is 158.
For those of you who participated in filling out the survey questions…a big thank you. Our response rate was close to 65 percent. The objective of the survey was to gage any changes in member engagement from our previous survey results in 2017 and to bring forward some new questions to make sure the chapter is staying current with member interests. The questions were only focused on the Colorado chapter vs an overall RLI National survey.
So, lets get to it and share some fun facts every member should know about the chapter they belong to.
Fun Fact Number One:
Did you know that almost 48 percent of our members have held a real estate license for 20 years or more? That's a lot of real estate experience to share. For our members who are new licensees entering the business you are joining a group with exceptional real estate experience to network with and learn from.
Fun Facts Continued...
Almost 19 percent of chapters members have held membership in RLI for 20 years or more. That's a solid foundation and a lot of chapter history. What's interesting however, in the past 3 years the chapter's largest group of members (26 percent) have recently joined RLI within 1-3 years. We have a lot of new energy and the chapter is looking forward to our new members participation and knowledge share.
Geographically, 41 percent of our members live on the Western slope. However, the fastest growing area of membership is Northern Colorado which is currently almost 15 percent of our membership base. The remaining members live somewhere in the Front Range and Southern Colorado.
Marketing sessions and networking are major factors. On average 56 percent of our members attend at least two marketing sessions each year. That doesn't include the Colorado RLI Land Tour held each June.
In the last three years 55 percent of our member have attended at least one Land tour. Unfortunately that means 45 percent of our members have never attended a land tour...so, if you have never attended a land tour, 2022 is the year for you to head to Steamboat Springs June 23rd and June 24th.
Did you know that almost 35 percent of our members currently hold the ALC designation? What is impressive is that an additional 12 percent are prepared to apply for their ALC within the next 12 months and 22 percent are working towards it in the next 1-2 years.
Here is another impressive fun fact. More than 46 percent of our members average at least 250,000 in real estate income annually. That's a lot of hard work and commitment to your profession…."Not many part time real estate brokers in this chapter!"
Hey, guess what? More than 45 percent of our members have signed up a new listing because they told the seller they were headed to an RLI marketing session. These marketing sessions are powerful tools to use in your effort to secure a new listing.
In summary, thanks again for everyone who participated in the survey. The board will use this information to continue to make decisions about the chapter that positively affect our members. Overall, the comparison from the 2017 survey results to 2022 were very similar. The comparison showed us we have a strong foundation of committed membership that makes the system work. The areas of the survey that showed us where we need to evolve as a chapter circled around technology and continuing to advance our chapters' deliver of content to members. The survey also offered us a look at our membership geography and new member growth and where we should schedule our meetings and tours. If you would like a PDF copy of the entire survey results email your request to firstname.lastname@example.org
Renewables Changing The Landscape
Bill Davis – ALC
2022 Colorado Chapter President-Elect
Colorado Luxury, Ranch + Land 970-390-8617
The rising trend towards renewable energy resources to feed our country's thirsty power demands seem to have the energy companies scrambling to obtain land and lease commitments on land in order to fulfill the massive acreages required for solar and wind farms. This was a driving theme as recently presented at the new ALC course "Valuation & Transaction of Energy and Environmental Assets" that the Colorado Chapter hosted in April.
The well attended 2-day course explored in depth how Oil & Gas, Solar, Wind, Mining, and Carbon Sequestration can be relevant topics for many land owners, investors, and brokers like ourselves who transact in larger parcel real estate. Additionally, the opportunities that may be available for our clients to further monetize their holdings and provide additional revenue streams to reduce holding costs or even provide profit-based benefits can be further explored through surface lease options or marketed cash flows that can be sold to investors.
As we all continually work to learn and provide valuable information, services and resources to our diverse clientele; being versed in the language of these topics can provide valuable points of conversation with our client base while we endeavor to be their real estate wealth advisors of choice. For those that are truly working in areas and transactions that may have direct benefits or impacts from these activities this class offering and the 3rd party platforms that it teaches can be a crucial educational tool. For others who may not think the content would apply to the asset classes they transact in, the course can provide valuable information that keeps us relevant and current in the land conversation.
New RLI Website
Be Sure to Check Your Information
The REALTORS® Land Institute has launched its new RLI website with a fresh look and along with that comes a new member database with great functionality. You should have received an email from national last week, with important instructions, but in case you missed it, here they are:
On the Forgot Password form, enter your email address that is on file with RLI. That email is also your username on RLI's website.
When you click Retrieve Password, you will receive an email to the address you entered in step 2 with a link to reset your password. Click on the link, which will prompt you to enter your new password.
Then you can log in to RLI's website by clicking HERE.
After you log in, click on Member Dashboard located on the dropdown menu, under Member Resources.
From the dashboard, click on the Profile section to update your information using these steps:
Upload a photo(previous database photos are not transferring over)We want to see you!
Complete the Nickname field if you choose (the system currently shows your full name)
Check your Profile details (office name, preferred phone, mailing address, etc.) and update any as needed. *Please pay special attention to your preferred address. This address will determine your placement on the Find a Land Consultant search tool, as well as your default RLI Chapter territory.
Review your demographic information and complete it as you prefer to help us gain better insight into who are members are.
Update the "Real Estate Info" section under the "Other Info" tab so that you can be found when people search for Land Consultants by Service Areas, Service Properties, Property Specialties, etc.
Note: The Land Connections is under construction. In partnership with Land Broker Coop, the new version will be ready to release very soon. We will share the news when it launches.
Should you encounter any issues as you navigate the new website and member database, please click the Contact Us option on the website or reach out to us via email, email@example.com, or phone, (800) 441-LAND (5263).
Chapter Administrator News
Some of you have already heard, so this will not be news to you; but for those that have not heard the news, I will be retiring as the Chapter Administrator at the end of this year. I have thoroughly enjoyed my time with the Chapter going back to the early 2000's when Michael Landreth, Chapter president at the time, contacted the Colorado Association of REALTORS® and arranged to have CAR serve as a liaison for the Chapter. Lucky me, I was the CAR staff person given that duty! That was the start of my long and enjoyable relationship with the Chapter. I went out on my own in 2014 and the Chapter came with me. For the past 8½ years, I have been serving as the Chapter administrator and while I love serving in that capacity, I have decided that it is time for me to step aside and someone new step into the role.
The Board of Directors is currently searching for the person that can take on the administrative duties for the Chapter. The position is not full-time, a good estimate would be an average of 10-15 hours per month, depending on the month. Some of the duties are arranging hotels for the three marketing meetings held; welcoming new members; submit applications for continuing education credits with the Colorado Real Estate Commission for courses; website updates; dues invoicing; newsletter coordination; accounting; making sure the Chapter is abiding by national rules, and more.
The Directors believe that someone in the Chapter may know a person that would be interested in this position. They would like to ask you to think about people in your circle who might be looking for something new or different. As has been said several times, someone in the Chapter membership, knows the person for the job. If you know someone, please have them contact Bill Davis, at firstname.lastname@example.org.
- Maggie Thomas
New Chapter Website Coming!
As mentioned above, national has rolled out their new website. The state Chapters websites will also be getting a fresh look, as national will be providing a template like theirs for all the current Chapters. Colorado was selected to be the first Chapter to roll out and we had our first training session last week. There is lots to get done regarding that in the next few weeks and we will let you know when the new site rolls out. Be sure to update your information and submit the photo as mentioned in the article above before the new Chapter website has its debut.
Dan Murphy, ALC
M4 Ranch Group,
Team Murphy Realty