Selling

Selling

December Market Trends

Posted by on Dec 5, 2018 in Buy, Sold, Tips for Buyers, Tips for Sellers, Trends | 0 comments

Denver market shows signs of slowing, but only slightly: Keep in mind that in an overheated market, a “slowdown” might just make it a good market (for Sellers). You can calculate an “Absorption Rate” by dividing the Active Inventory (7,530) by the monthly sales (3,732) = 2 months.  Friends, that is still a really good absorption rate (3-6 months is “normal” . . . ).   Average and Median prices haven’t changed that much, and it could just reflect where the activity is in the marketplace, e.g., fewer...

read more

The Benefits of Home Staging

Posted by on Nov 15, 2018 in Get Ready, Sell, Tips for Sellers | 0 comments

Property staging is “intelligent merchandising.”  This is the process of analyzing the property, maximizing the “equity” and minimizing the excuses a buyer may use to discount or eliminate the property from their A-list.  It’s not decorating, but rather presenting the home in such a way that emphasizes and reveals the benefits (equities) of the property without distractions. Over 96% of Brokers say that buyers are affected by home staging Staged properties are twice as likely to receive full price or more Kitchen...

read more

Selling your Home: step-by-step

Posted by on Mar 25, 2015 in Tips for Sellers | 0 comments

Selling your Home: step-by-step

Some things change fast in real estate: markets go up and down, contract language is updated, mistakes and lawsuits give rise to new regulations and rulings.   But other things remain the same, year after year.  Here are the things our Colorado Department of Real Estate (DORA) wants you to know about the process of selling your home: Determine goals or outcome: Once the decision to sell has been made, a number of other questions come to mind. What is a fair price under the current market conditions? What are the current market conditions? How...

read more

Do HOAs Affect Home Values?

Posted by on Oct 12, 2014 in Featured, Money Matters, Sell, Trends | 0 comments

Do HOAs Affect Home Values?

Research suggests that HOA’s have an effect on home values – almost always for the better. “Theory does suggest that  HOAs increase home value. The rights and responsibilities that come with an HOA affect a home’s value, just as do the number of  bedrooms and the quality of the local schools.  A great house in a community with a poorly designed or badly managed HOA is a great house in a bad neighborhood.” – Amanda Agan and Alexander Tabarrok , George Mason University. The Downside Since most homes built in...

read more

The Appraisal: 10 things your broker should do

Posted by on Sep 11, 2014 in Featured, For Sale, Sell, Tips for Sellers, Working with Brokers | 0 comments

The Appraisal:  10 things your broker should do

Appraisals are sometimes a source of confusion for both Buyers and Sellers, but usually for different reasons. Review:  an appraisal is an opinion of value prepared by an authorized person.  In Colorado, Appraisers are licensed and regulated by the State. There are different levels of licensure, depending on the qualifications of the Appraiser. Buyers sometimes think that the appraisal will “protect” them from overpaying.  There is a clause in the contract, after all, that says in effect: “if the appraisal doesn’t come...

read more