Brad, this is done very easily with a script.
Here’s a link to one that was written by Edward Troxel several years ago.
Click on the event(s) to select it/them and run the script. Instant fade in & out 🙂
https://dl.dropboxusercontent.com/u/20488019/FadeEventInOut.js
It says audio track in the script but it works equally well for video.
It can be customized as desired. It defaults to a one sec. fade in and one sec. fade out. I changed some values so that I have a 1/2 sec. fade in & out as well as other variations.
To do this, change the lines that read as shown here to the desired vales and save it under a new name.
evnt.FadeIn.Length = new Timecode(“00:00:01:00”);
evnt.FadeOut.Length = new Timecode(“00:00:01:00”);
For example, a 1/2 sec. fade in & out would be changed to read
evnt.FadeIn.Length = new Timecode(“00:00:0:15”);
evnt.FadeOut.Length = new Timecode(“00:00:0:15”);
Have fun with it!!