September's Housing Sale

David reported yesterday to the Denver Post that real estate in the September Month were tought but Denver is still a good real estate market. Read more:

http://www.denverpost.com/search/ci_19084543

For more information call David & Krista for more information 303-229-6026.

Check Out The August Home Sales

Today David was interviewed by both the Denver Post and the Denver Business Journal about the August Home Sales.

Denver Post:
http://www.denverpost.com/search/ci_18851070

Denver Business Journal
http://www.bizjournals.com/denver/news/2011/09/08/single-family-home-outlook-improves-in.html

Denver Media calls us when they need an expert in the Housing Market, shouldn't you?

Facebook Business Pages

Question:

I run a small business with an active website.  I have just started blogging and I have apersonal Facebook page.  Do I really need a Facebook page for my business?

Answer:

Yes, yes, and yes again! Your website is a must-have tool for business and blog are important too.

But with the growing popularity of Facebook, not having a Facebook Business Page is like turning dow a free storefront on the busy street corner, that all of your customers and friends hang out!
5 Reasons you need a Facebook Business Page:
Reason #1:

Your clients and prospects are there! As of July 2011, there are more than 750 million active users

on Facebook. That’s a 50% increase since last year when Facebook had “only” 500 million users, and it’s not inconceivable that Facebook will reach its projected 1 billion users. Fifty percent of current users log on every day (many before breakfast or even brushing their teeth!).
Reason #2:

Your competitors are there. But chances are, they are not taking advantage of all Facebook has to

offer. And even if they are, FB is the great equalizer: Facebook levels the playing field so even a one-man shop can get the same exposure as a multi-million dollar company.
Reason #3:

Facebook magnifies your results. First, have a business plan, then determine how Facebook can

enhance your current marketing efforts. Facebook is a powerful way to generate referrals, listen to feedback, build authentic relationships, and provide more value to both current and future clients. The more value you provide, the more trust you build. And the more you keep your name in the forefront of people’s minds, the better chance they’ll not only think of you first for their next real estate transaction but also consider you a trusted source of information.
Reason #4:

Facebook spreads your message for free, and makes it easy for you to be “found.” When friends

“Like” your business page, your page shows up on their page and in the News Feeds of their friends. If you post  something relevant or newsworthy, the “Share” button lets your friends add it to their pages — equaling more free exposure for you. While Twitter follows the same concept, chances are more of the people you are trying to reach are on Facebook. And while blogs and the Internet as a whole lend themselves to sharing of information, you’ll spend a lot of time getting people to find you. On Facebook, the people you want to reach are already there.
Reason #5:

Don’t forget Facebook Pages (as opposed to Groups) make it easy to track demographics

and visits to your page.  It also makes it  easy to view insights and view traffic information.  What a better way to help make your business better.

If you do not a Business Facebook page, now might be the time to get one. 

BIg 6 Factors That Sell a Home!

Although they can be stated in different ways, there are only six factors that affect the sale of a home, according to blogger Karen Kruschka. The Sales Associate with RE/MAX Olympic Realty in Manassas, Va., wrote an Active Rain blog post detailing the "Big 6," as she calls them. These factors are controlled by three main entities: the seller, the agent and the market. Sharing the blog with your own clients and educating them on their role in the process gives you a perfect entry point to demonstrate your value as a trusted advisor – especially when they’re deciding on listing price and terms. Here’s an edited excerpt of Kruschka’s post: SELLERS Control 1. Price – You determine list price for your home. However, a list price above the market for homes similar to yours will negatively impact buyer interest in making an offer. Your Realtor will review price history with you to assist you in making a list price determination. 2. Terms – Buyers have requirements just as sellers do. Your willingness to respect them and be willing to negotiate which terms will be acceptable to both parties can have a very positive impact. Price and terms will usually be negotiated at the same time. 3. Condition – How well you have maintained the home will influence both your price and the length of time it will take to sell. The pool of buyers who are willing to make major repairs is much smaller than the pool of buyers who want a home that has been well maintained. THE MARKET Controls 4. Timing – Economic conditions operate independently of price, terms and property condition. Similarly, seasons and weather factors can affect the time it takes to sell a home. 5. Competition – The number of homes on the market most certainly bears heavily on your ability to sell your home on a timely basis. REALTORS Control 6. Promotion – From entry into the Multiple Listing Service to Internet marketing and any other programs, your agent will have an impact on your home sale.
RE/MAX Affiliates may share this article, provided they do not charge for it and this notice is included. All other rights reserved.

We Love The Highlands Ranch Chamber!

Check this video out!  You can tell we love the community that we are a part of!http://www.youtube.com/watch?v=Xl1e1CdKBio&feature=youtu.be

July's Real Estate Wrap Up

July 2011

Check this out and let me know what you think!!

Realistic Expectations

Too many times you will hear a client say something along the line of " I need to get at least $XXXX from the sale of my property".  There is only one problem with that --- need/want and reality are too often two very different beasts.  Needs and wants are what the client desires.  Everyone's home is so much better than the neighbor's home and therefore demands a higher value with fewer showings and less time on the market.  To make each of our lives perfect, we always want to see our needs and wants fulfilled with the least amount of complication and effort.

The reality of the situation is that anything you sell, whether it be a home, car, or widget (remember Marketing 101 in college?) is only worth what someone is willing to pay for it.  Sure, you can place what you think is a fair value on a home, but the home ultimately is only worth what a buyer is willing to write the check for.

Understanding market values is not a subject of study for the average seller, but rather a passion for the experienced realtor to pass along in a clear and concise way that will eliminate any room for disillusionment or misinterpretation.  Setting proper expectations with realistic goals will always make the entire transaction go smoother for buyers, sellers, Realtors, and any friends and family sharing in the experience.

Make your time profitable and your clients knowledgeable!