Friday, May 19, 2017 / by Jester Rafols
In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes.
“Time kills deals,” says Andrew Sandholm of BOND New York Properties in New York. “Dragging your feet means you could wind up paying more in a bidding war situation or missing out on the property altogether.” Buyers need to be ready with their paperwork, such as bank statements, a preapproval letter, and documents supporting proof of funds, from the day they begin house-hunting mode. That way they can pounce quickly with an offer when they do find a home they like.
Making an offer for their preapproved amount
Smart buyers are getting preapproved to show a seller they’re financially able to purchase a home. However, Chuck Silverston, principal at Unlimited Sotheby’s International Realty in Brookline, Mass., warns ...
Friday, April 07, 2017 / by Jester Rafols
Two Denver entities are planning a $250 million mixed-use development on a piece of land near the 38th and Blake station along RTD's A Line in the Cole neighborhood.
The Denver Rock Drill project will include 700,000 square feet of office, retail, residential and hotel uses and will be developed by a partnership consisting of Saunders Development and landowners Byron, Andy and Brett Weiss. The land is located on 39th Avenue between Franklin and High streets.
Byron Weiss purchased the land in 1992 and currently has his company, Porta Power, located there. Byron decided last year to partner with his sons to develop the property as activity in the area picks up.
“I knew early on there was going to be light rail coming into the area, which at the time was a Denver Regional Council of Governments program, and I knew the neighborhood would eventually undergo major changes, although I don’t think I anticipated the pace of change would be so fast,” said ...
Wednesday, April 05, 2017 / by Jester Rafols
There is something awesome about buying a fixer upper and doing the renovations yourself. Some people fix them up a bit at a time, using cash as they have it available. If you want to make a big impact by doing small things, here are 10 things you need to include.
1. Change Out the Lighting
Nothing says outdated like an old-fashioned gold chandelier. Lighting is something that can be updated easily and won’t cost a bunch of money. It is one of the smallest things you can do that will have the biggest impact.
There is an old saying that states “if a barn needs to be painted, slap some paint on it.” You will be amazed at what some paint can do to your home. A new hue can cover imperfections and give the room the blast of color it needs. Forget drab, white walls that are lackluster. Give your home a color makeover.
3. New Fixtures
Just like the lighting, the fixtures in the home become outdated quickly. Start with the kitchen faucet and then move on to the ...
Monday, September 19, 2016 / by Jester Rafols
Jim Rohn said, “Motivation is what gets you started. Habit is what keeps you going.” Although the concept of a routine sounds boring, having one is crucial to your success. The more established your routine, the fewer choices you have to make. Fewer choices mean you can focus your time and energy on the choices that matter—the ones that drive your business. Want to create a better routine? Here’s how:
Create smart goals. The first thing to ask yourself is, what do you want to achieve? Once you identify what you want, you can create the goals that will help you get there. If you want to close more transactions, pick a target and set a goal. The point is to be as specific as possible so you have a tangible target in mind.
List the steps. If you want to reach a goal, you need a plan. Create your plan by listing the steps you’ll need to take to get you to your goal. Now, it’s easy to get overwhelmed by the details at this stage. Many of us ma ...
Thursday, July 07, 2016 / by Jester Rafols
Prices continue to rise, with the median single-family home hitting $466,288
New home listings rose in June in metro Denver, but the pace of sales softened, boosting the number of properties available on the market.
There were 6,796 homes and condos available for sale at the end of June, which was 24.4 percent more than the count of active listings at the end of May, according to a report Wednesday from the Denver Metro Association of Realtors.
“We are starting to see signs of a much needed market correction and a market plateau may be on the horizon,” suggested Anthony Rael, chairman of DMAR Market Trends Committee, in the monthly update.
June, July and August are the months when the inventory of homes available for sale are most likely to hit a peak. And the number of active listings are under half the historical average, meaning buyers still face a limited selection.
But the 24.4 percent jump was a huge one. Since 20 ...