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Category Archives: Denver
60 Minutes Redfin.com Story – Is it a fairytale or a narrative?
I’ve been ruminating on the 60 Minutes story thinking about how much of the story was wishful thinking and how much was fact.
I wonder how much Redfin.com just saved in advertising by getting their side of the story pitched on 60 Minutes. I think the casual observer would have been quite taken in by [...]
Took a short break…
My apologies to those that may enjoy my take on real estate and Denver. I took a short break. What started as writer’s block turned into just not having any time. If I’ve learned anything about maintaining a blog, it would be that it’s harder than it looks. It’s difficult to [...]
January Home Sales Up – Is the Denver Market in a mini-upswing?
While I think many Realtors in Denver probably already knew this, it seems buyers are coming out of the woodwork.
Denver Metrolist is reporting good news for buyers and sellers alike. While days on market have gone up significantly from last year, 14% over last year to 117 days, so did ’solds’. Sold [...]
Why you won't get feedback on all showings
1. Most agents won’t respond to the email request for feedback because they are just too lazy.
2. Most agents won’t respond to any messages that are left on their phones for feedback because they just don’t care.
3. Most agents show more than one property in a day. So if they don’t respond in the [...]
The Top Ten Most Common Complaints about Homes for Sale – Useful Feedback
Selling a home has gotten a lot tougher over the last two years. The Denver real estate market has really started to slow down. Buyers are gaining the upper hand in negotiations because there are many more homes to choose from. This means home sellers are going to have to pay attention to the feedback [...]
Most Brokerage's business models don't benefit the Agent
I’ve always been interested in sustainable business models and have noticed that there are very few in the real estate industry. Except for that of the brokerage. The business model of the brokerage is not the same as that of the agent. Brokerages make money from agents, agents make their money from [...]
Why I can't justify high real estate commissions.
When I read this, I had to laugh. I’m always interested in how agents try to justify their commissions. This one’s pretty funny.
The settlement sheet shows that I’m going to receive ___% of the sale price of the home. But I don’t get to KEEP all of that. I take out a dollar bill and [...]
What should be in a Comparative Market Analysis and how long will it be accurate?
What should be in a comparative market analysis (CMA)? A CMA shouldn’t be just a list of solds or actives. It should reflect the current conditions of the market. I was recently asked how long I felt a CMA was accurate and personally, in this market, I don’t think I would want [...]
Money Magazine – Buyer's agents co-ops and how to get a better deal buying or selling a home.
How about that. I actually got quoted in Money Magazine. Albeit my statement appears a bit truncated, it is not incorrect. I’m quoted as saying “People offer higher commissions because it works”. I’ll stand by that. Offering a higher commission to a buyer’s agent does help sell your home. It doesn’t necessarily help you get [...]
Also posted in Business, Denver Real Estate, MLS, Marketing, Negotiations, Realtor, commissions, statistics | Comments closed
Pricing a home in a buyer's market.