The Denver Metro Association of Realtors has some 8,500 members, down somewhat from last year. (Stock image)
Denver Metro Association of Realtors has a new leader.
The organization announced earlier this month that Brendan Bailey will take on the role of CEO starting in August.
“I had a bunch of connections already to the state and the city and it was a great opportunity,” Bailey said. “Nothing ventured, nothing gained.”
Brendan Bailey
Bailey was previously CEO of the Realtor Association of Pioneer Valley in Springfield, Massachusetts. Before that, he was chief operating officer at Raleigh Regional Association of Realtors in North Carolina.
Bailey is replacing Nobu Hata, who served as CEO for three years. Amy Davies, DMAR’s chief operating officer, has been acting as interim CEO since February.
Bailey said he sees Denver as a place that wants to keep growing.
“Denver is not just growing in general but the city and state have an appetite for it — they want to keep expanding, they want people to develop, move here, start their families and continue their businesses here,” Bailey said. “But when a city grows you have to keep up with it, which is a tough thing to do.”
He noted he’s entering the position at a changing time for Denver as Mike Johnston takes the reins as mayor, and he anticipates development changes.
Bailey said he originally studied education at the University of Mary Washington in Virginia, intending to become a teacher.
“(My wife) is still a school teacher, and I said if this is really going to go somewhere one of us is going to have to make a little bit more money,” Bailey said.
After switching careers, he did political work in the North Carolina statehouse before venturing into real estate.
“I knew it was an industry I wanted to be a part of … once you start learning … what the realtor organization stands for,” Bailey said. “It’s providing the number one thing people need to survive (shelter).”
DMAR, which was founded in 2011, combining smaller local realtor groups that previously existed, has 8,544 members and offices in the Denver Tech Center and Westminster.
Bailey takes the reins as the number of local home sales has dropped following a spike in interest rates, leading to some realtors leaving the organization. Although realtor membership is up slightly from the start of the year, it’s down about 500 members compared to last September.
“Real estate always continues to be strong. It continues to be the best investment you can make,” Bailey said. “Our (DMAR’s) ceiling is very very high, but we can always continue to do more things and keep rising, which is great.”
The Denver Metro Association of Realtors has some 8,500 members, down somewhat from last year. (Stock image)
Denver Metro Association of Realtors has a new leader.
The organization announced earlier this month that Brendan Bailey will take on the role of CEO starting in August.
“I had a bunch of connections already to the state and the city and it was a great opportunity,” Bailey said. “Nothing ventured, nothing gained.”
Brendan Bailey
Bailey was previously CEO of the Realtor Association of Pioneer Valley in Springfield, Massachusetts. Before that, he was chief operating officer at Raleigh Regional Association of Realtors in North Carolina.
Bailey is replacing Nobu Hata, who served as CEO for three years. Amy Davies, DMAR’s chief operating officer, has been acting as interim CEO since February.
Bailey said he sees Denver as a place that wants to keep growing.
“Denver is not just growing in general but the city and state have an appetite for it — they want to keep expanding, they want people to develop, move here, start their families and continue their businesses here,” Bailey said. “But when a city grows you have to keep up with it, which is a tough thing to do.”
He noted he’s entering the position at a changing time for Denver as Mike Johnston takes the reins as mayor, and he anticipates development changes.
Bailey said he originally studied education at the University of Mary Washington in Virginia, intending to become a teacher.
“(My wife) is still a school teacher, and I said if this is really going to go somewhere one of us is going to have to make a little bit more money,” Bailey said.
After switching careers, he did political work in the North Carolina statehouse before venturing into real estate.
“I knew it was an industry I wanted to be a part of … once you start learning … what the realtor organization stands for,” Bailey said. “It’s providing the number one thing people need to survive (shelter).”
DMAR, which was founded in 2011, combining smaller local realtor groups that previously existed, has 8,544 members and offices in the Denver Tech Center and Westminster.
Bailey takes the reins as the number of local home sales has dropped following a spike in interest rates, leading to some realtors leaving the organization. Although realtor membership is up slightly from the start of the year, it’s down about 500 members compared to last September.
“Real estate always continues to be strong. It continues to be the best investment you can make,” Bailey said. “Our (DMAR’s) ceiling is very very high, but we can always continue to do more things and keep rising, which is great.”
