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Show BUSINESS The Park Record. Editor: Bubba Brown business@parkrecord.com 435.649.9014 ex.118 SPORTS AUTHORITY STORES TO REMAIN OPEN FOR NOW According to the Associated Press, Sports Authority will sell off assets instead of reorganizing under bankruptcy protection after filing for Chapter 11 bankruptcy protection in March. Sports Authority, which operates 463 stores around the country, including one in Park City, at first said it would close or sell about a third of its stores but stay open as a streamlined company, according to the Associated Press report. But court filings last week indicated the company would instead try to sell off its assets. Michael Foss, CEO of Sports Authority, assured customers in a newsletter on May 3 that they can continue to shop at stores and online as usual as the company moves forward in the process. ZIONS BANK ACCEPTS PAINTA-THON APPLICATIONS Zions Bank is inviting the public to nominate homes the company's employees will give a fresh coat of exterior paint to as part of its Paint-a-Thon program. According to a press release, the Paint-aThon service project is designed to help elderly, disabled or veteran homeowners who meet the federal Department of Housing and Urban Development income guidelines. "We know senior citizens cherish the opportunity to remain in their homes as long as possible, so this is our way of helping them accomplish that goal," said Zions Bank President and CEO Scott Anderson. "Every year, Zions Bank employees look forward to Paint-a-Thon and helping our neighbors spruce up their homes and yards when they can no longer do the job themselves." For more information, or to submit a nomination, email ZionsBankEvents@zionsbank.com. NEW WEBSITE LAUNCHED FOR UTAH NOTARIES Utah Lt. Gov. Spencer Cox recently announced a redesigned website to help Utahns find notaries or become a notary public. According to a press release, the site, notary.utah.gov, features interactive resources, learning tools and a search engine to help people find notaries. WITH WISH, PARK CITY IS PARTY TOWN, A-16 A-15 SUNRISE ROTARY GEARS UP FOR SUMMER, A-16 www.parkrecord.com SAT/SUN/MON/TUES, MAY 7-10, 2016 Board of Realtors CEO bullish on Park City Terry Nolan says he is excited to be a part of the town's energy BUBBA BROWN The Park Record Terry Nolan has been a Realtor in Vail and Beaver Creek, Colorado, and has come to thrive on the vitality surging through ski towns. That's one reason he was eager to be considered when the Park City Board of Realtors began searching for a new CEO. "I love that energy," he said. The other reason? He said he wanted to part of a Board that has an "excellent reputation" both statewide and nationally and that is home to a dedicated staff and knowledgeable Realtors. "It was a fairly easy transition to come out here," said Nolan, whose first official day on the job was Monday, May 2. "Park City is an exciting place, with a lot going on. It's a neat place to be and I want to be part of it." Nolan, who previously was part of the Vail Board of Realtors and most recently served as its chair, is excited about the possibilities the real estate market here offers. Despite low inventory, which can make it challenging to find properties for clients, the market is active. And he is hopeful that new development and construction will bolster the area, helping push the effects of the recession further into the rear-view mirror. "The market itself is pretty healthy," he said. But it is also a period of transition for the real estate industry. A large part of his work will be centered on helping Realtors understand where the industry is headed and how to adapt. Nolan views altering the description of what Realtors are as essential. The rise of the Internet means they are no longer the keepers of the data -- "That horse left the barn a while back." Agents now must become trusted advisers to their clients and provide services they can't get any- BUBBA BROWN/PARK RECORD Terry Nolan, the new CEO of the Park City Board of Realtors, says the job description of a real estate agent is changing. Agents in Park City, once keepers of the data, must now provide an added level of service. where else, offering them expert insight into a complicated market. "This whole world of selling real estate is going through a very rapid change," he said. "Technology is a large part of that, but we also have some challenges from the syndication -- the Zillows, the Trulias, the companies that really want to participate in the commission structure. There are a lot of winds of change on the horizon. The stronger the Board is, the better able we are to help Realtors adjust to the changes out there." Fortunately for agents and clients in Park City, Nolan said, the Board has already been doing a good job of providing those tools. Nolan sees his responsibility as following the direction of the Board's leadership team to "tune up" the organization rather than overhaul it. "The volunteer leadership provides the navigation, so they kind of tell us We want to be providing that highest level of service that we possibly can and ensuring that we as a staff are at the leading edge of technology and what's going on in the real estate world." Terry Nolan, CEO, Park City Board of Realtors where we're going," he said. "But the captain of the ship is responsible for all the systems that we have available for Realtors to help them do their jobs. The bottom line is we support the Realtor community." Nolan said the Realtor community in Park City is engaged and demonstrates high levels of community service. He is aiming to build on the success of his predecessors to make sure it remains that way for years to come, as Park City becomes an even more sought-after destination. "The thing that personally mean a lot to me is professionalism and making sure we're professional with how we deal with our membership and the public," he said. "We want to be providing that highest level of service that we possibly can and ensuring that we as a staff are at the leading edge of technology and what's going on in the real estate world." VOTE TODAY! O G O T O C S A B U H C EL ! N E P O NT IS NOW ESTAURA AND ORDER ONLINE! Visit elchubascomexicangrill.com this month and ENTER PROMO CODE CHUB. You will receive 10% OFF OF YOUR ENTIRE ORDER. Great for families, groups, office lunches and catering! eP Th SAVE TIME eop 16 EXICAN R M E T I R O V FA P ARK C ITY' S NOW HAS ANOTHER ! LOCATION le's C 2 e c hoi 0 The 2016 "Park City's Best" Survey is now open! Recognize the best in our community with your Votes. Vote now through the end of May. *Discount for online orders only. Code valid through May 31, 2016 (435) 645-9114 1890 BONANZA DRIVE ELCHUBASCOMEXICANGRILL.COM To take survey, visit: parkrecord.com |