Archives for May 2017

Denver Real Estate News May 31 2017 – Denver Realtor Reviews

Denver Real Estate News

 

Denver Real Estate Newswww.RealtyofCO.com



Published by

Realtor Chris Gibson

29 May 2017


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Denver Real Estate News This Week
Clients, Friend & Family,I know you expect me to be in the know when it comes to real estate news in and around Denver. Now you can be too. I hope you find this latest version of my newsletter interesting and helpful. Have a great day!


Is Denver’s real estate market a bubble ready to burst?


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www­.thedenverchannel­.com
– DENVER – Denver real estate is expensive and it just keeps getting more so, which has many people asking: Are we in another bubble that’s about to burst? Since the last housing bubble burst with th…

Denver Home Prices Continue To Rise


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www­.forbes­.com
– In a citythat has seen its fair share of real estate records, Denver’s housing market has reached yet another milestone. The average price of a home that sold in April in metro Denver climbed to $4…

Everything You Know About Denver’s Real Estate Market Is Wrong – 5280


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www­.5280­.com
– Let’s start with the good news: If you own a house in Denver, its value probably has gone up in the past year. If you sell that home, you’ll likely pocket some cash. And if you’re looking to buy he…

Denver falls from the top of Case-Shiller home price increase index – Denverite


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www­.denverite­.com
– For a year, Denver has been among Seattle and Portland when it comes to highest home price increases measured by the Case-Shiller index. But this month, Denver fell out of the top three. All hail D…

Why Is Denver’s Housing Market Still On Fire? Supply And Demand


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www­.cpr­.org
– Spring is normally a busy home buying and selling season, but there’s nothing normal about Denver’s real estate market, which is still rocketing along.The question is, why? Charles Roberts is a lon…

11 Habits for a Totally Chill Home


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www­.houselogic­.com
– Your home should be your refuge. It should clear away the day’s distractions and help you feel organized, focused, and calm. Ooooooommm. So why does it feel less like a yoga studio and more like th…

The Denverites’ Guide to the Old-School Mile High City


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www­.5280­.com
– It’s a question we are frequently asked and one we love to write about (ahem, see pretty much everything on this website). Still, there are places that we return to—again and again—because they hav…

Denver Real Estate Market Statistics 2017 April


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www­.realtyofco­.com
– Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered belo…

Flat Fee Denver Realtor & Real Estate Agent


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www­.realtyofco­.com
– What is a flat fee Denver Realtor? Flat fee and discount real estate listing agency in Denver comes in many different forms. I have been implementing a FULL SERVICE, flat fee and discount real esta…

Denver Realtor Reviews – Questions to interview a buyers’ real estate agent


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– Download a printablepdf of interview questions for a metro Denver buyer’s real estate agent by clicking here. A buyer’s real estate agent in metro Denver works for the home buyer, and even though t…

$50 for you $50 for them recommendation program


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www­.realtyofco­.com
– I am always immensely appreciative of your recommendations. I don’t always know when you have sent people my way. This recommendation program will allow me to say thank you properly, and incentivis…


Videos


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Technology
Summer 2017 Home Design Trends


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Buying New Construction in Denver: The Pros and Cons


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When’s the Best Time to List Your Colorado Home?


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Colorado Homebuying Tips You Can’t Miss


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These Are the Filthiest Places In Your Kitchen


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11 Habits for a Totally Chill Home


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Leisure
The 5 Best Denver Neighborhoods for Hiking Enthusiasts


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14er season: A beginner’s guide to climbing Colorado’s highest peaks – Denverite


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What Coloradans Are Saying About Canyons Of The Ancients (And Other Nat’l Monuments)


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Downtown Denver hotel opening this summer will boast highest open-air rooftop bar in the city


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The 5280 Guide to Colorado’s Best Golf Courses


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The Big Wonderful announces its summer and fall festivals – Denverite


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Stories
Denver Has Many More Real Estate Agents Than Real Estate Listings


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The Best View Of Booming Denver Belongs To The Man In The Tower Crane


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Homeowners, Lawmakers And Realtors All Wonder: Where Are Colorado’s Oil & Gas Flowlines?


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A New York architecture firm hints at a plan for Denver’s new tallest building – Denverite


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Condo Towers To Grace Denver’s Skyline


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Politics
Despite Creative Approaches, Study Says Denver Comes Up Short In Affordable Housing


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Your House In Colorado Is Worth A Lot More. Is That A Good Thing?


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Hickenlooper vows to “take any necessary action” following deadly Mead oil tank explosion


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Denver Mayor Michael Hancock On Affordable Housing And Immigration Enforcement


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Obese children tend to get worse sidewalks in Denver – Denverite


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Denver plans to put $1.5 million into emergency housing assistance for people facing eviction – Denverite


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Business
In Denver’s red-hot real estate market, 5 things to do before ever setting foot in an open house


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Landlords are struggling to price their apartments at the right rate in metro Denver


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More Americans Chose to Own a Home Than Rent in Q1


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5 Reasons to Hire a Real Estate Professional When Buying or Selling!


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How’s the Real Estate Market? Find Out What the Experts Are Saying


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How to Effectively Answer the 10 Questions Every Buyer & Seller is Asking Today [FREE WEBINAR]


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Super local
South Broadway: 6 new developments could signal a new phase for Denver’s distinct corridor – Denverite


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Work starts on 206-unit Lakehouse condominium in West Colfax – Denverite


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Sheridan Square Habitat for Humanity project providing families a place of their own in south metro city


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Denver Realtor Reviews – Questions to interview a buyers’ real estate agent

Download a printable pdf of interview questions for a metro Denver buyer’s real estate agent by clicking here.

Interview Questions for a metro Denver Buyer’s Real Estate Agent

Interview Questions for a metro Denver Buyer’s Real Estate AgentA buyer’s real estate agent in metro Denver works for the home buyer, and even though they are paid by the listing real estate agency, they are rewarded for succeeding for the home buyer. Just like any individual, every buyer’s real estate agent is unique and has different skill sets. It’s important to feel confident that your metro Denver buyers’ real estate agent is the best fit for your needs and personality, as he or she will walk with you through some stressful decisions.

Here are some sample questions to use when interviewing a metro Denver buyers’ real estate agent.

Metro Denver Real Estate Agent’s Experience

1. How long have you been a licensed real estate agent in metro Denver?

2. Do you work in real estate in metro Denver full time?

3. Do you have any past metro Denver real estate clients I may contact?

4. How many metro Denver real estate transactions have you done in the last 12 months?

 

Scheduling Questions For A Buyers’ Real Estate Agent In Metro Denver

5. What times are difficult for you to show homes? What times are easy for you to show homes?

6. How many other buyers are you working with right now? How much time do you have per week to give to me for this process?

7. Are you too busy to help me the way you would want to help me?

8. Do you have any vacations coming up that would conflict with my home buying schedule? Do you have someone to fill in for you if needed, if so who are they and what are they like?

 

Areas of Metro Denver Real Estate Expertise

9. Are you primarily helping home buyers, sellers, both?

10. What areas of metro Denver are you most experienced with? What areas of metro Denver are you least experienced with? (May want this to match up with areas of town you are likely to look in)

11. What home types and price ranges are you most experienced with? What home types and price ranges are you least experienced with? (May want this to match up with your likely home type and price)

 

The Process of Buying a Metro Denver Home

12. How do you help metro Denver home buyers narrow down their real estate search or in the decision making process?

13. Do you think it is a good time for me to buy a home in metro Denver? What is the metro Denver real estate market like?

14. Are you willing to show me homes without a contractual agreement, or at least until I have seen you work enough to be comfortable committing to you? (As a home buyer I would not sign a contract for more than 1 month or unless I could terminate it if I wasn’t under contract on a home.)

15. Do you subscribe to any services like neighborhood scout or rentometer to help me evaluate homes of interest?

16. How will you advise me on real estate prices for homes of interest?

17. How are you helping your clients win homes in competitive bidding situations?

18. What could I do as a home buyer, or what should I be prepared to do in order to be successful?

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Denver Real Estate Market Statistics 2017 April

Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below.

Denver Real Estate Market Statistics Through April 2017

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver. Download a pdf version of this report by clicking here.

Denver Real Estate Market Statistics December 2016


Youtube Video of Denver Real Estate Market Statistics Through April 2017

 

  


Denver Realtor Reviews: Denver Real Estate Market Statistics April 2017

The average price for a home in Denver was $436,144 at the end of April 2017. The median price for a home in Denver was $380,000 at the end of April 2017. Sales volume in April was $2.054 billion. There were 4,709 real transactions in April 2017. There is less just over 1 month of real estate inventory in and around Denver. There were 5,901 real estate listings in and around Denver at the end of April 2017. The average days on market for real estate listings in and around Denver was 21 days for December. And the median days on market was 5.

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of December 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.


The average home price in Metro Denver, Colorado

The average home price in Metro Denver is up almost 10% Year Over Year from $395,166 in April 2016 to $436,144 in April 2017. The average home price in Metro Denver is up over 3% Month Over Month from $423,196 in March 2017. 

Average home price in Denver April 2017 12 month

Average home price in Denver April 2017 10 Year


The median home price in Metro Denver, Colorado

The median home price in Metro Denver is up almost 5.6% Year Over Year from $360,000 in April 2016 to $380,000 in April 2017. The median home price in Metro Denver is approximately 2.7% more than the median home price in March 2017.

Median home price in Denver April 2017 12 Month

Median home price in Denver April 2017 10 Year

 


Metro Denver real estate sales volume

Metro Denver real estate sales volume went up 0.5% month over month to $2.054 billion from $1.992 billion continuing the traditional seasonal patterns and was 14.4% higher than the $1.795 billion in sales in April of 2016.

Real estate sales volume in Denver April 2017 12 Month

Real estate sales volume in Denver April 2017 5 Year

 


Number of Metro Denver real estate sales

There were 4,709 metro Denver real estate sales in April 2017, almost 3.7% more than April 2016 and equal to the prior month. For April 2017, the highest number of sales occurred in the $350,000 – $400,000 price point.

Number of real estate sales in Denver April 2017 12 Month

Number of real estate sales in Denver April 2017 5 Year

Number of real estate sales in Denver April 2017 By Price Point


Months of Metro Denver real estate inventory

There was an average of 1.253 months of inventory on the market in April 2017.

Months of real estate inventory in Denver April 2017 12 Month Chart

Months of real estate inventory in Denver April 2017 5 Year Chart

Months of real estate inventory in Denver April 2017 By Price Point

 


Number of Metro Denver real estate listings inventory

At the end of April 2017 there were 5,901 Denver real estate listings which is about 5% more than the 5,607 listings at the end of March 2017 and very similar to the 5,911 listings in April 2016. The highest number of listings is in the $500,000 to $600,000 price range.

Number of real estate listings in Denver April 2017 12 Month Chart

Number of real estate listings in Denver April 2017 5 Year Chart

Number of real estate listings in Denver April 2017 By Price Point


Average days on market for a Metro Denver, Colorado home for sale

At 21 days the average days on market for Denver real estate is 2 days less than April 2016 and is 6 days less than March 2017. The average days on market was 13 days or less for everything under $400,000. The highest days on market was in the $1.25 million – $1.5 million price range.

Average days on market of real estate listings in Denver April 2017 12 month chart

Average days on market of real estate listings in Denver April 2017 5 year chart

Average days on market of real estate listings in Denver April 2017 by price point

 


Median days on market for a Metro Denver, Colorado home for sale

At 5 days, the median days on market is the same as April 2016 and 1 day less than March 2017. The median days on market was 5 days or less for everything under $400,000. The median days on market was highest as price ranges approached the $3 million range.

Median days on market of real estate listings in Denver April 2017 12 month chart

Median days on market of real estate listings in Denver April 2017 5 year chart

Median days on market of real estate listings in Denver April 2017 by price point

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews Denver Real Estate Agent Reviews FacebookDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent Reviews


Flat Fee Denver Realtor

What is a flat fee Denver Realtor? Flat fee and discount real estate listing agency in Denver comes in many different forms. I have been implementing a FULL SERVICE, flat fee and discount real estate model in my Denver real estate practice for over 2 years. I found that what I did to sell homes does not vary greatly no matter the price point. And I wanted to find a good deal that I could offer friends and family. I do not deviate from this structure to avoid the awkwardness of offering one person a better deal than another and having it discovered by the lesser benefiting party. My Denver full service, flat fee real estate model is $5,000 + the 2.8% that I pass through to the buyers’ agent.

Here is a video about my full service, flat fee Denver real estate model.

How does the money flow in a real estate transaction in Colorado?

How do real estate agents get paid in a home sale in Colorado?

You need to know that although both agents are paid at simultaneously at closing, the seller is paying the listing brokerage one large sum, and then the listing brokerage is paying the buyer’s agent out of that amount. The buyer’s agent commission is advertised in the MLS (multiple listing service) with the listing for the house. Buyer’s agents are discouraged from discriminating against showing homes with lower commission rates, but there is no way to know if an agent chooses not to show a home because of the commission rate offered. My bigger fear would be that an agent would speak negatively of a home, pointing out flaws or suggesting it is overpriced, if the commission rate is less than competing homes for sale. In my model I offer the most frequently offered amount in the Denver MLS (recolorado) of 2.8%.

How much does my full service, flat fee real estate model cost metro Denver home sellers?

I charge 2.8% + my $5,000 flat fee.

Many real estate agencies charge 6% to sell your home. With a sales price of $380,000 (The median sales price April 2017) the total commissions paid with a 6% model would be $22,800.

Without a flat fee real estate estimated net amount to seller

With a sales price of $380,000 the total commissions paid with a 2.8% + $5,000 model would be $15,640, saving the average Denver home seller up to 7,160.

flat fee real estate estimated net amount to seller

But commission savings are meaningless unless all the pieces are place to still sell your home for top dollar.

What marketing do I do with my full service, flat fee Denver real estate model to sell homes for top dollar?

I implement every marketing strategy I have seen to position all of my listing clients to sell for top dollar and create bidding wars whenever possible.

1. Professional photography

I explain to clients that everybody sees your home online before they see it in person. Photos are the new curb appeal. And quality photography can make a huge difference in how many people come to see the home, which translates into the number and price of offers received. The company I use has talented and experienced photographers with top of the line HD photographic technology.

Flat fee Denver real estate professional photography

2. Floor plans

Virtuance also creates floor plans. I find this especially useful for flyers, so that I can encourage potential buyers to take home a flyer and imagine their furniture in the home. Also the online virtual tour shows on the floor plan where each picture was taken.

flat fee Denver real estate virtual tours and floor plans

3. Dedicated URL

I create the website address of your address.com, for instance www.4125Clay.com. This is displayed on top of the luxury yard arm and on the flyers. It makes it easy for people to remember your address and look up information about your home.

flat fee Denver real estate luxury yard arm and dedicated url

4. Luxury yard arm

This used to mean something but almost nobody uses the old signs anymore.

5. MLS and syndication.

I am a member of 2 local MLS’s: www.recolorado.comwww.iresis.com . In addition to listing on the MLS, the home is displayed on all major public web sites and all agents’ web sites with IDX searches.

flat fee Denver real estate listing syndication

6. High quality flyers

I like a flyer with the floor plan on the back for viewing buyers to take with them. Hopefully they want to think about how well their furniture would fit. I also like them taking something with them that would help them give the home a second thought if they were not initially wooed.

flat fee Denver real estate flyers

7. Open houses

I like to do 1 open house. I advertise the open house in the first line of the description, in the MLS, on Zillow, and Realtor.com . There are 2 reasons to do the open house. The first reason I do an open house is to try and find an unrepresented buyer, reducing your total commissions to $10,000. The second, and more common reason, is to enable buyers, whose agents are out of town, to view the home. More than a few times I have received the strongest offers from these buyers and their agents.

8. Showing coordination

I use showingtime.com or showings.com for my showing coordination. A barrier remains between you and the buyer’s agent, while utilizing technology to have showing requests immediately sent to you for approval. Both services also have feedback systems and surveys for buyer’s agents to let you and I know what they thought of the home. I am willing to use a manual lockbox or a digital sentrilock lockbox to assist, depending on your preference.

9. E-mails advertising to agents with prospective buyers.

Did you know we enter buyers into the MLS the same as we enter sellers? You probably do know this. A real estate agent has probably set you up with a home search that fit a set of criteria that you provided. Did you know, when I enter a listing into the MLS, I can see a list of agents that have buyers for whom my listing fits their criteria. I am pretty savvy with technology and mailchimp. I will send an e-mail blast notifying these agents of my new listing, sometimes 1,000 agents. I will also be able to see the agents who have a client who favorites my listing. I will be reaching out to those agents directly.

What other services do I offer with my full service, flat fee Denver real estate model?

1. Price analysis

I advise you as to my belief of a realistic sales price and best list price.

2. Contract negotiation

I assist in the initial and ongoing contractual negotiations. The devil is in the details, and I help you understand how the terms of the contract will affect you. This includes positioning you to buy and sell a home simultaneously if desired.

3. No risk and no obligation

You can terminate your contract with me at any time, if you have not signed an agreement with a buyer. I do not want anybody stuck working with me. I take pride in my work and work as though I could lose my job tomorrow, if I don’t do it today.

What are my duties to you as a full service, flat fee Denver Realtor?

  1. Promoting the interests of Seller with the utmost good faith, loyalty and fidelity;
  2. Seeking a price and terms that are acceptable to Seller; and
  3. Counseling Seller as to any material benefits or risks of a transaction that are actually known by Broker.

Broker must exercise reasonable skill and care for Seller, including but not limited to the following:

  • Performing the terms of any written or oral agreement with Seller;
  • Presenting all offers to and from Seller in a timely manner regardless of whether the Property is subject to a contract for Sale;
  • Disclosing to Seller adverse material facts actually known by Broker;
  • Advising Seller regarding the transaction and advising Seller to obtain expert advice as to material matters about which Broker knows but the specifics of which are beyond the expertise of Broker;
  • Accounting in a timely manner for all money and property received; and
  • Keeping Seller fully informed regarding the transaction.

Broker must not disclose the following information without the informed consent of Seller:

  • That Seller is willing to accept less than the asking price for the Property;
  • What the motivating factors are for Seller to sell the Property;
  • That Seller will agree to financing terms other than those offered;
  • Any material information about Seller unless disclosure is required by law or failure to disclose such information would constitute fraud or dishonest dealing; or
  • Any facts or suspicions regarding circumstances that could psychologically impact or stigmatize the Property.

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

Denver Realtor Reviews And Denver Real Estate Agent Reviews On The Denver Better Business Bureau (BBB)Denver Realtor Reviews Denver Real Estate Agent Reviews FacebookDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent ReviewsDenver Realtor Reviews - Denver Real Estate Agent Reviews
 


My Rating: 5 Stars(26)

Flat Fee Home Listings And Home Sales | Denver Realtor Christopher Gibson

What is a flat fee Denver Realtor? Flat fee and discount real estate listing agency in Denver comes in many different forms. I have been implementing a FULL SERVICE, flat fee and discount real estate model in my Denver real estate practice for over 2 years. I found that what I did to sell homes does not vary greatly no matter the price point. And I wanted to find a good deal that I could offer friends and family. I do not deviate from this structure to avoid the awkwardness of offering one person a better deal than another and having it discovered by the lesser benefiting party. My Denver full service, flat fee real estate model is $5,000 + the 2.8% that I pass through to the buyers’ agent.

Here is a video about my full service, flat fee Denver real estate model.

How does the money flow in a real estate transaction in Colorado?

How do real estate agents get paid in a home sale in Colorado?

You need to know that although both agents are paid at simultaneously at closing, the seller is paying the listing brokerage one large sum, and then the listing brokerage is paying the buyer’s agent out of that amount. The buyer’s agent commission is advertised in the MLS (multiple listing service) with the listing for the house. Buyer’s agents are discouraged from discriminating against showing homes with lower commission rates, but there is no way to know if an agent chooses not to show a home because of the commission rate offered. My bigger fear would be that an agent would speak negatively of a home, pointing out flaws or suggesting it is overpriced, if the commission rate is less than competing homes for sale. In my model I offer the most frequently offered amount in the Denver MLS (recolorado) of 2.8%.

How much does my full service, flat fee real estate model cost metro Denver home sellers?

I charge 2.8% + my $5,000 flat fee.

Many real estate agencies charge 6% to sell your home. With a sales price of $380,000 (The median sales price April 2017) the total commissions paid with a 6% model would be $22,800.

Without a flat fee real estate estimated net amount to seller

With a sales price of $380,000 the total commissions paid with a 2.8% + $5,000 model would be $15,640, saving the average Denver home seller up to 7,160.

flat fee real estate estimated net amount to seller

But commission savings are meaningless unless all the pieces are place to still sell your home for top dollar.

What marketing do I do with my full service, flat fee Denver real estate model to sell homes for top dollar?

I implement every marketing strategy I have seen to position all of my listing clients to sell for top dollar and create bidding wars whenever possible.

1. Professional photography

I explain to clients that everybody sees your home online before they see it in person. Photos are the new curb appeal. And quality photography can make a huge difference in how many people come to see the home, which translates into the number and price of offers received. The company I use has talented and experienced photographers with top of the line HD photographic technology.

Flat fee Denver real estate professional photography

2. Floor plans

Virtuance also creates floor plans. I find this especially useful for flyers, so that I can encourage potential buyers to take home a flyer and imagine their furniture in the home. Also the online virtual tour shows on the floor plan where each picture was taken.

flat fee Denver real estate virtual tours and floor plans

3. Dedicated URL

I create the website address of your address.com, for instance www.4125Clay.com. This is displayed on top of the luxury yard arm and on the flyers. It makes it easy for people to remember your address and look up information about your home.

flat fee Denver real estate luxury yard arm and dedicated url

4. Luxury yard arm

This used to mean something but almost nobody uses the old signs anymore.

5. MLS and syndication.

I am a member of 2 local MLS’s: www.recolorado.comwww.iresis.com . In addition to listing on the MLS, the home is displayed on all major public web sites and all agents’ web sites with IDX searches.

flat fee Denver real estate listing syndication

6. High quality flyers

I like a flyer with the floor plan on the back for viewing buyers to take with them. Hopefully they want to think about how well their furniture would fit. I also like them taking something with them that would help them give the home a second thought if they were not initially wooed.

flat fee Denver real estate flyers

7. Open houses

I like to do 1 open house. I advertise the open house in the first line of the description, in the MLS, on Zillow, and Realtor.com . There are 2 reasons to do the open house. The first reason I do an open house is to try and find an unrepresented buyer, reducing your total commissions to $10,000. The second, and more common reason, is to enable buyers, whose agents are out of town, to view the home. More than a few times I have received the strongest offers from these buyers and their agents.

8. Showing coordination

I use showingtime.com or showings.com for my showing coordination. A barrier remains between you and the buyer’s agent, while utilizing technology to have showing requests immediately sent to you for approval. Both services also have feedback systems and surveys for buyer’s agents to let you and I know what they thought of the home. I am willing to use a manual lockbox or a digital sentrilock lockbox to assist, depending on your preference.

9. E-mails advertising to agents with prospective buyers.

Did you know we enter buyers into the MLS the same as we enter sellers? You probably do know this. A real estate agent has probably set you up with a home search that fit a set of criteria that you provided. Did you know, when I enter a listing into the MLS, I can see a list of agents that have buyers for whom my listing fits their criteria. I am pretty savvy with technology and mailchimp. I will send an e-mail blast notifying these agents of my new listing, sometimes 1,000 agents. I will also be able to see the agents who have a client who favorites my listing. I will be reaching out to those agents directly.

What other services do I offer with my full service, flat fee Denver real estate model?

1. Price analysis

I advise you as to my belief of a realistic sales price and best list price.

2. Contract negotiation

I assist in the initial and ongoing contractual negotiations. The devil is in the details, and I help you understand how the terms of the contract will affect you. This includes positioning you to buy and sell a home simultaneously if desired.

3. No risk and no obligation

You can terminate your contract with me at any time, if you have not signed an agreement with a buyer. I do not want anybody stuck working with me. I take pride in my work and work as though I could lose my job tomorrow, if I don’t do it today.

What are my duties to you as a full service, flat fee Denver Realtor?

  1. Promoting the interests of Seller with the utmost good faith, loyalty and fidelity;
  2. Seeking a price and terms that are acceptable to Seller; and
  3. Counseling Seller as to any material benefits or risks of a transaction that are actually known by Broker.

Broker must exercise reasonable skill and care for Seller, including but not limited to the following:

  • Performing the terms of any written or oral agreement with Seller;
  • Presenting all offers to and from Seller in a timely manner regardless of whether the Property is subject to a contract for Sale;
  • Disclosing to Seller adverse material facts actually known by Broker;
  • Advising Seller regarding the transaction and advising Seller to obtain expert advice as to material matters about which Broker knows but the specifics of which are beyond the expertise of Broker;
  • Accounting in a timely manner for all money and property received; and
  • Keeping Seller fully informed regarding the transaction.

Broker must not disclose the following information without the informed consent of Seller:

  • That Seller is willing to accept less than the asking price for the Property;
  • What the motivating factors are for Seller to sell the Property;
  • That Seller will agree to financing terms other than those offered;
  • Any material information about Seller unless disclosure is required by law or failure to disclose such information would constitute fraud or dishonest dealing; or
  • Any facts or suspicions regarding circumstances that could psychologically impact or stigmatize the Property.

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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