Category Archives: Realtor
Pricing a home in a buyer’s market.
Things sure have changed. A couple years ago, a broker could miss pricing a home by 5%-10% and the market would rise to the price within a 6 month listing contract. Of course, if they priced it at value they would receive more than one offer. It was one of [...]
Dealing with tenants when selling… my advice, “Don’t do it”
If possible, don’t sell your home with the tenant in the home. Here’s why.
Nobody wants to purchase your problem unless you want to sell at a discount.
When tenants don’t cooperate, you lose more than you’re gaining in rent.
As a Realtor, I think the most difficult situation is dealing with tenants of a property your [...]
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 [...]
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 [...]
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 [...]
When will Real Estate 2.0 invade the rest of the industry?