Category Archives: FSBO

Just because I was fast doesn't mean it was easy.

I first came across this Picasso legend a few years back with regards to valuing someone’s time. I believe the moral also applies to the valuing of services in real estate. After all, real estate is a business. Legend has it that Pablo Picasso was sketching in the park when a bold woman approached him. “It’s [...]
Also posted in Denver Real Estate, Realtor, commissions | Comments closed

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 [...]
Also posted in Denver, Denver Real Estate, Marketing, Realtor, statistics | Comments closed

Buyer's Remorse – They accepted my first offer!

Happiness in homebuying for most people is not about whether they got a great deal. It’s about their perception of how great of a deal they got. The best deal in town will be passed over because of a buyer’s inability to get the seller to come down slightly in his price. Ego gets in [...]
Also posted in Denver, Denver Real Estate, Negotiations | Comments closed

How many showings did you get? Showing data can help determine home value.

You can learn as much about a home’s value by looking at active listings as you can by looking at solds, if you know what to look at. Keep track of showing data to get a rough idea of how the public is perceiving your listing. It’s reasonable to expect that [...]
Also posted in Denver, Denver Real Estate, MLS | Comments closed

Most Denver Homes are Overpriced

That’s not new though. Buyer’s market, seller’s market, blah blah blah. What does it mean really? Homes are always overpriced. Always have been. Most homes are overpriced. Through good and bad, sellers usually overprice their homes. The average active list price for a single family home in Denver for 2006 was 20% higher than the average [...]
Also posted in Denver, Denver Real Estate, statistics | Comments closed

FSBO – Creepy home for sale

You know that creepy home you’ve always wanted? It’s for sale. This “gem” is from a recent Craigslist post by an owner trying to FSBO his home. I’m always on the lookout for a fix-n-flip, but I think I’m going to pass on this one. It’s important in real estate investing to know your limits. [...]
Also posted in Denver Real Estate, General Interest, Investing | Comments closed

How to sell your home quickly for top dollar.

“How do I sell my home quickly for top dollar?” I often talk to people who aren’t sure whether they want to use a broker or not. They’re not sure if a broker can get them any higher of a value than if they sold it themselves. Personally, I think you can [...]
Also posted in Denver Real Estate | Comments closed