Jan 2013 FCBOR Newsletter

Volume 2 • Issue 5 - January 2013From our President

F C B O R M o n t h l y N e w s l e t t e r

Gerry is the President ofThe Four Corners Board of

REALTORS® You can contact her at

970-565-8408

Lots happening in the early days of this New Year. We are kicking off a campaign to recruit new af-filiates to our Board. I think we have lots to offer those who have done so much for us in the past. It is only right that they share in some of the benefits we as members enjoy.

Our lock box contract will be up in March. We will be exploring over the next couple weeks options to improve our lock box service if we can do so economically. We will keep you posted on the prog-ress.

The Dean Hanson Scholarship campaign is getting underway. We will be presenting $1000 scholar-ships to students in our local high schools, colleges, and non-traditional studies. If you want to be a part of this very active and important team, please give Carol Click a call at 565-2000.

We will be having our Board Luncheon on 21 February at Shiloh’s. Plans are still fluid in regard to who our guest speaker will be. We are tentatively look-ing at a representative from the Health Department to come and discuss issues surrounding septic systems in the county.

Finally, take a look at statistics posted on or website. They are complete through the 4th quarter of 2012. Things are looking up.

Gerry ParkerPresident

Important Updates and Reminders!

LEADERSHIP TRAINING

First Friday Leadership Training was the topic of January’s meeting of the Cortez Chamber of Commerce. Byron Mayes presented a peek into what the Chamber is offering on the First Friday of each month for anyone who would like to attend.

The Topic is The 21 Irrefutable Laws of Leadership with video training with John C. Maxwell. Over the next 22 months you will learn how to develop leadership skills and qualities. Maxwell combines insights learned from his thirty-plus years of leadership success and mistakes with observations from the world of business, politics, sports, religion and military conflict. Following a short video, attendees discuss the principals and offer insights into what they have seen and heard.

The First Friday Leadership program is offered by the Chamber the first Friday of each month at the 1st National Bank classroom beginning at 7:45. Participants will be out by 9 a.m. You don’t have to be a Chamber member to attend. Board

members are members of the Cortez and Dolores Chambers of Commerce by virtue of the Board’s membership in these organizations.

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

The 2012-2013 Four Corners Board of REALTORS Board of Directors:

President/ Gerry Parker / 565-8408 / [email protected] President-Elect/ Robin Rice / 565-8408 / [email protected] President / Leila Hanson / 749-2789 / [email protected]

Secretary/Treasurer / Bob Toles / 946-1194 / [email protected]/ Brenda Bates-Smith / 565-2000 / [email protected]

Director/ Jo Ann Cauley / 565-8408 / [email protected]/ Preston Dillon / 560-9144 / [email protected]

Director/ Dawn Utrup / 570-3110 / [email protected] Director/ Carol Click / 565-2000 / [email protected]

Association Office StaffAssociation Executive / Howard Thomas / 565-0112/ [email protected]

FCBOR CALENDAR OF EVENTS

1 1/21/2013 11:28 AMstaff

Su Mo Tu We Th Fr Sa1 2

3 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28

February 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 3031

March 2013

February 2013

Jan

27 -

Feb

2

Jan 27 28 29 30 31 Feb 1 2

Feb

3 -

9

3 4 5 6 7 8 9 Education Committee M

Feb

10 -

16

10 11 12 13 14 15 16REALTOR Day at the Ca

Feb

17 -

23

17 18 19 20 21 22 2312:00pm 1:00pm

Cortez Chamber of Commerce (Shiloh's Restaurant)

9:00am 11:00am Board of Director's Meeting(Johnson Bldg. Confe

12:00pm 1:00pm BoardLuncheon (Shiloh's Restaurant)

Feb

24 -

Mar

2

24 25 26 27 28 Mar 1 212:00pm 1:00pm

Dolores Chamber of Commerce (Karla's Kitchen Dolores)

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

CAR Business Services Offers

This group insurance plan has been made available by associations across the country, and the program now has over $527,000.000of life insurance coverage in force. The participation has grown rapidly, making affordable group rates possible. Guaranteed Issuemeans that the insurance company will insure you regardless of your health, provided you apply during open enrollment. The program provides up to $30,000 of Guarantee Issue. Don’t wait, this program is temporary and open enrollment ends soon. Note: Enrollment forms must be filled out and either faxed or returned to the number/address listed on the form. Online enrollment is not available at this time.

• Up to $250,000 individual insurance available (above $30,000 requires Evidence of Insurability)

• Retain your coverage even if you change careers

• Affordable monthly rates

• Children can be insured for either $2,500 or $5,000

• Allows for insurance coverage after age 65

• Coverage when traveling on a common carrier

• Spousal Coverage Available

Download the Application and Apply

See the CAR Group Program Information

See the Policy Brochure

Frequently Asked Questions Download the EFT Form

COMMITTEE MEETINGS SCHEDULED FOR FEBRUARY 2013Committee

Education CommitteeBoard of Directors

Date/Time/LocationThur. 2/7/13 - ? - ?

Thur. 2/21/13 - 9am - Johnson Bldg

Contact InformationHoward - [email protected]

Howard - [email protected]

Opt in process 1

� CONFIDENTIAL – LPS MLS Solutions Client Use Only June 1, 2012

Opting back in to Paragon emailsThe CanSpam Act of Congress 2003 was a set of laws passed to help stem the spam emails that were being sent to everyone. One of those laws allowed recipients of business/advertisement related emails to “Opt Out” of receiving those emails. Real Estate Professionals sending emails to customers to advertise a listing for sale and to spend money on a property falls under the CanSpam Act guidelines. Therefore, for whatever reason, some customers may have opted out from receiving emails from an agent or from Paragon altogether.

This guide will take you through the process of helping a customer who has opted out of Paragon emails, to opt back in to receiving emails from the Paragon email system.

How do you know when a customer has opted out from receiving emails from you or from Paragon?

• When you try to email to an opted out recipient, Paragon will give you an error warning after you click Send.

Within that error box will be a section that states that a recipient has opted out of receiving emails. Paragon also gives a method that starts the process of allowing that recipient the ability to opt back in to receiving emails from Paragon. A link to that process is provided for you.

Sooo... the answer to that would be YES. I get a lot of questions concerning SECTION 1.19 of CREN’s Rules and Regulation in regards to how it correlates to Paragon. The biggest faux pas that I run into tends to be things like HUD information, Bank phone numbers or websites, or Homeowners Association contact information in the RE-MARKS... well, you get the idea. This information is valuable to REALTORS but not meant for the public so feel free to add all the goodies in the AGENT CONFIDENTIAL REMARKS. If in doubt, feel free to give me a call, I will be more than happy to help :) Jo Ann Johnston ~ MLS & Communications ~ 970-247-9604

Section 1.19 PERSONAL/Third Party PROMOTION: Listing data shall not contain any personal promotion or refer-ence to broker contact information or marketing vehicles. This includes reference to websites, cell phones, email addresses in the Remarks and Addendum of the listing. No third party websites(including bank preapproval sites), phone number or contact information are allowed in the REMARKS sections of the listing. They can be placed in the “agent confidential remarks”.. All other fields are to be used only to promote the property and not the broker, listing broker’s company or any third party .

Am I violating Section 1.19 if I put a bank phone # in the REMARKS?

NOTICE!!! A bogus website out of Panama called REALTOR® Complaints at www.realtor-complaints.com is listing REALTOR® names and their consumer rating. The average rating is a F. Coincidently the site gives you the op-portunity for REALTORS® to issue an official response or they can completely remove complaints permanently for $100. NAR and PayPal’s fraud division have been made aware of this site and are conducting an investigation.

WelcomeEach year over 200 Colorado REALTORS® meet at the State Capitol to learn and discuss the important policy issues affecting the real estate industry. REALTOR® Day at the Capitol is a great opportunity for you to:

See our state legislature in action Get up to date on the important issues impacting your business and your industry Network with legislators Hear from key leaders in the House and Senate Advocate for your industry!

RegistrationPre-registration is $55 and includes lunch, afternoon program and reception. Pre-registration ends on Thursday, January 31. Starting Friday, February 1, the fee increases to $65. We have limited space so register early to secure your spot. You can see the spaces remaining under the Register Now button to the right. Legislators are invited to attend the reception.

Register by clicking Register Now to the right.

LocationThis year's lunch program and reception will once again take place at the beautiful HistoryColorado Center. The afternoon program takes place at the State Capitol.

My REALTOR® Party WorkshopCome join NAR REALTOR® Party representative Nick Bokone and CAR staff at 9:30 AM on Wednesday, February 13th, 2013, prior to our REALTOR® Day luncheon for a REALTOR® Party update and workshop. This workshop will allow plenty of time for Q and A while covering what’s new with the program in 2013, deadlines for applying for NAR tools and resources, as well as a discussion about plans for your local elections in 2013. This session is designed for all Presidents, President Elects, AEs, GADS, and local government affairs committee chairs but is open to anyone else who might be interested in accessing the NAR program for local public affairs activities. The workshop will be held in the Martin Room on the 4th floor at the History Colorado Center.  

Opt in process 1

� CONFIDENTIAL – LPS MLS Solutions Client Use Only June 1, 2012

Opting back in to Paragon emailsThe CanSpam Act of Congress 2003 was a set of laws passed to help stem the spam emails that were being sent to everyone. One of those laws allowed recipients of business/advertisement related emails to “Opt Out” of receiving those emails. Real Estate Professionals sending emails to customers to advertise a listing for sale and to spend money on a property falls under the CanSpam Act guidelines. Therefore, for whatever reason, some customers may have opted out from receiving emails from an agent or from Paragon altogether.

This guide will take you through the process of helping a customer who has opted out of Paragon emails, to opt back in to receiving emails from the Paragon email system.

How do you know when a customer has opted out from receiving emails from you or from Paragon?

• When you try to email to an opted out recipient, Paragon will give you an error warning after you click Send.

Within that error box will be a section that states that a recipient has opted out of receiving emails. Paragon also gives a method that starts the process of allowing that recipient the ability to opt back in to receiving emails from Paragon. A link to that process is provided for you.

NEW in ParagonEnhanced features were released in December

Please review the updates below:

Photo on ListingsThe Primary Photo will now appear at the top of the input form with a link to allow the user to upload a single image.

Listing MaintenanceThe Primary Photo field can be added to the Listing Input form. A link will display the text Replace Primary Photo, when a photo has been applied to the listing field.

E-mail Bing Map as PDFBing Map is now an Available Report for selection when sending E-mails as an Attachment (PDF).

NEW in ParagonEnhanced features were released in December

Please review the updates below:

Photo on Listings

Listing Maintenance

E-mail Bing Map as PDF

New Bing Map LayersThe following map layers are now available for addition to the Layers options on the Bing Map view:

• Postal Codes• PostalCodes Id• City• City ID• County• County ID

Driving Directions Modal interface improvementsPer customer request, the Update Map link has been changed to a button and along with the zoom controls have been moved to an overlay at the bottom of the map view providing improved visibility.

PREVIOUS VERSION: Update Map was located under the Origin Address and Zoom controls where off the lower left of the map image.

ENGLEWOOD, Colo. - Jan. 16, 2013 – The median sales price for single family homes, condominiums & town homes sold during the 4th quarter of 2012 increased in all areas of Colorado compared to the same time period in 2011, according to Quarterly Market Statistical Reports released today by the Colorado Association of REALTORS® (CAR). The number of homes sold during the 4th quarter increased in all areas of the state over the previous year, as well, while in most areas the number of new listings available for purchase decreased.

For the state as a whole, sales of single-family, condominium & town homes (taken together) increased nearly 16% to 20,229 units during the 4th quarter of 2012 compared to the 4th quarter of 2011. New listings dropped slightly more than 2% statewide, though some of the more rural areas of our state saw modest (3-8%) increases.

Home prices continued to rally, increasing about 12% to a median price of $223,500. Days on the market contin-ued its downward trend dropping nearly 22% to 89 days on average. The statewide number of active listings was 29,669, representing a 4.2-month inventory supply.

“These figures are very encouraging & suggest that Colorado’s place as a leader in the recovery of our country’s housing markets is continuing,” said CAR spokesperson, Duane Duggan. “Higher sales & increasing median pric-ing, combined with fewer days on the market, are all positive signs of good things to come. As the economy continues to recover, overall housing affordability will stay strong & we should expect to see more people entering the market in 2013.”

The Colorado Association of REALTORS® Quarterly Market Statistical Reports are prepared by 10K Research & Marketing, a Minneapolis-based real estate technology company, & are based on data provided by Multiple Listing Services (MLS) in Colorado. The current Q4 2012 reports represent approximately 90% of all MLS-listed residen-tial real estate transactions in the state. The metrics do not include “For Sale by Owner” transactions or all new construction.

Sales of lender-mediated properties (properties owned by banks & other mortgage lenders, along with short sales) dropped significantly in most areas of the state. Overall, such sales represented about 20% of all transac-tions in the 4th quarter of 2012 & were down 30% over the same period a year earlier.

The CAR Housing Affordability Index, a new statistical measure for Colorado’s housing market, dropped about 3% to 167 for the state, a similar drop occurred in the 3rd quarter of 2012 compared to 2011. An index of 120 means the median household income was 120% of what is necessary to qualify for the median-priced home under pre-vailing interest rates. A higher number means greater housing affordability.

In addition to cumulative statewide statistics, CAR has prepared six regional reports, using the same measures, whose content is summarized below along with local expert contacts.

Metro Denver Region (Denver, Jefferson, Adams, Arapahoe, Broomfield, Douglas)Contact: Michael Welk –303-263-3217 Results for the six counties in the Denver Metro Region were slightly higher when compared with the overall statewide results. The number of sales rose 17% & median sales prices increased almost 13%. Days on the market dropped more substantially in Metro Denver (-32%) than any other area of the state while new listings of available housing were down 6%. As of the end of the quarter there were approximately 11,000 active listings representing only a 2.8- month inventory.

Northeast Region (Boulder, Larimer, Logan, Morgan, Weld)Contact: Duane Duggan – 303-449-7000 This region of Colorado is 1 of 3 in the study which showed an increase in the number of new listings (8 %). Sales

FOR IMMEDIATE RELEASE Contact: Duane Duggan 303-449-7000 Tyrone Adams Communications Director 303-785-7112

HOME SALES AND PRICES IMPROVED THROUGHOUT 2012 Statewide Fourth Quarter 2012 Housing Statistics

www.ColoradoREALTORS.com/HousingStatistics

ENGLEWOOD, Colo. - Jan. 16, 2013 – The median sales price for single family homes,

condominiums and town homes sold during the fourth quarter of 2012 increased in all areas of

Colorado compared to the same time period in 2011, according to Quarterly Market Statistical Reports

released today by the Colorado Association of REALTORS® (CAR). The number of homes sold

during the fourth quarter increased in all areas of the state over the previous year, as well, while in

most areas the number of new listings available for purchase decreased.

For the state as a whole, sales of single-family, condominium and town homes (taken together)

increased nearly 16 percent to 20,229 units during the fourth quarter of 2012 compared to the fourth

quarter of 2011. New listings dropped slightly more than 2 percent statewide, though some of the

more rural areas of our state saw modest (3-8 percent) increases.

Home prices continued to rally, increasing about 12 percent to a median price of $223,500.

Days on the market continued its downward trend dropping nearly 22 percent to 89 days on average.

The statewide number of active listings was 29,669, representing a 4.2-month inventory supply. .

“These figures are very encouraging and suggest that Colorado’s place as a leader in the

recovery of our country’s housing markets is continuing,” said CAR spokesperson, Duane Duggan.

“Higher sales and increasing median pricing, combined with fewer days on the market, are all positive

signs of good things to come. As the economy continues to recover, overall housing affordability will

stay strong and we should expect to see more people entering the market in 2013.”

-more-

HOME SALES & PRICES IMPROVED THROUGHOUT 2012Statewide Fourth Quarter 2012 Housing Statistics www.ColoradoREALTORS.com/HousingStatistics

increased 21%, the highest quarter-to-quarter increase in the state. The median sales price grew 7% & days on the market decreased by more than 14%. The CAR Affordability Index increased slightly but stayed slightly below the state average of 167. Southeast Region (Baca, Chaffee, Crowley, Custer, El Paso, Freemont, Huerfano, Las Animas, Otero, Pueblo, Teller)Contact: Jay Gupta – 719-785-4114 Southeast Colorado saw sales of homes increase by nearly 8% to 3,283 during the 4th quarter of 2012. Median sales price increased more than 10% & days on the market declined by nearly 16%, among the largest declines in the state. While the CAR Affordability Index showed a slight decline (-1.5%) the area’s score of 200 is the sec-ond strongest in the state. At the end of the year, this region had nearly 7,000 active listings which represent an inventory that would last about six months.

Northwest Region (Delta, Hinsdale, Mesa, Moffat, Montrose, Pitkin, Rio Blanca)Contact: S&y Borman – 970-256-9100 This region of our state saw a second consecutive quarter of increased new listings, up 2.9% compared to the 4th quarter of 2011. Sales improved nearly 17%, median prices increased just over 10% & days on the market dropped 7%. This area of the state had the largest proportion of lender-mediated sales (36%) but also saw one of the largest drops in such sales compared to 2011 (-32%).

Southwest Region (Alamosa, Archuleta, Conejos, Costilla, Dolores, Hinsdale, La Plata, Mineral, Montezuma, Saguache, San Juan)Contact: Don Ricedorff - 970-375-7014 Median sales prices in this region increased approximately 13%, one of the larger increases in the state. Number of sales increased modestly (6%) & days on the market dropped slightly (-1.6%). The Affordability Index in this area dropped (-3%) but still remains strong at 170. New listings were down 15% compared to the 4th quarter of 2011.

Mountain Region (Garfield, Gr&, Gunnison, Jackson, Pitkin, Routt, San Miguel, Summit)Contact: George Harvey – 970-729-0111 Sales increased 20% in this region, which includes Colorado’s ski resort communities, while days on the market declined nearly 10%. With 2,400 active listings, this region has more than a one year supply of inventory which, in these areas of the state, is not unusual. New listings of available properties declined substantially (-25%) while the median sales price rose by just under 3%.

Conclusion Overall, the data indicates that Colorado continues to see a recovery from its low point four years ago with some areas of the state doing somewhat better than others. Spokespersons throughout Colorado are available for inter-views or to answer specific regional questions. The reports cited in this press release are available online at www.ColoradoREALTORS.com/HousingStatistics.

CAR QUARTERLY INDICATORS - KEY METRICS GLOSSARY New Listings –This is a measure of how much new supply is coming onto the market from sellers. For example, Q3 New Listings are those listings with a system list date from July 1 through September 30. Pending/Under Contract – This is the most real-time measure possible for homebuyer activity, as it measures signed contracts on sales rather than the actual closed sale. As such, it is called a “leading indicator” of buyer demand.Sold Listings – This measures how many home sales were actually closed to completion during the report period. Median Sales Price – This is a basic measurement of home values in a market area & basically states that 50% of the homes sold were either higher or lower than the Median Sales Price. Average Sales Price – This is another basic measurement of home values in a market. Percent of List Price Received – The mathematical calculation of the percent difference from the list price & the sold price for those listings sold in the reported period. Days on Market – A way to measure how long it is taking homes to sell. _______________________________________________ The Colorado Association of REALTORS® is the state's largest real estate trade association representing more than 19,000 members statewide. The association supports private property rights, equal housing opportunities & is the "Voice of Real Estate" in Colorado. For more information, visit www.ColoradoREALTORS.com.