Division of Real Estate Bimonthly Update - November 2021

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Division of Real Estate Bimonthly Update

November 2021

For Division Interested Parties and Licensed Professionals

The Division of Real Estate bimonthly email update is designed to provide Division news, information on upcoming public meetings, rulemaking hearings, and registration links for education webinars. Additionally, licensed professionals can find updates on licensing deadlines, opportunities for stakeholder engagement, and important practice guidance matters.
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Board of Real Estate Appraiser Proposed Rulemaking

On November 4, 2021, the Colorado Board of Real Estate Appraisers (Board) will hold a rulemaking hearing to consider adopting changes to the Rules for Appraisers.

Learn more

 

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Board of Real Estate Appraisers Sunset and Community Association Managers Sunrise Reviews Released

0n October 15, 2021, the Colorado Office of Policy, Research and Regulatory Reform, which is within the Department of Regulatory Agencies, released the following reviews:

 

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Updated and New Commission Contracts and Forms for Use in 2022 - Educational Review

The Division of Real Estate and the Colorado Real Estate Commission, working in conjunction with the Forms Committee, have adopted and finalized the 2022 mandatory contracts and forms. Visit the Division’s website to review the redline and clean versions of the 2022 updated and new commission contracts and forms.

2022 Updated and New Commission Contracts and Forms

 

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Division of Real Estate License Renewal Starts November 1, 2021

The Division of Real Estate license renewal period starts November 1, 2021 and continues through December 31, 2021. Expired licensees may not conduct any business that requires licensure. If your license is on an inactive status, you must still renew your license if you wish to maintain the inactive status and avoid reinstatement fees.

Get caught up on your license renewal requirements.

 

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Refusing to Present Offers to Sellers

The Division continues to receive complaints by prospective buyers and their buyer’s brokers that some listing brokers are not presenting buyer’s offers to the seller. An additional complaint is that those listing brokers are refusing to present offers to their sellers unless a particular contract software is being used.

Learn more about the potential license law violations when refusing to present offers to sellers.

Education Opportunities

HOA Forum - Unreasonable Restrictions & Prohibitions Contrary to Public Policy - HOA Information and Resource Center (Webinar Only Attendance)

Board and Commission Meetings & Rule Making

Board of Real Estate Appraisers Board Meeting (Webinar Only Attendance)

Board of Mortgage Loan Originators Board Meeting (Webinar Only Attendance)

Colorado Real Estate Commission Meeting and Rulemaking Hearing (Webinar Only Attendance)