So You're "In the Market?"
Read This BEFORE You Start!
Uncommonly good advice for those looking to
buy or sell Real Estate
The other day my friend told me an ALARMING story:
He was at the doctor’s office seeking counsel for a mysterious problem. Things were moving along, until the doctor asked my friend to “sit tight for a minute…”
The doctor went around to his desk. Instead of sitting back, my friend leaned forward and discovered the doctor was using the internet to find an answer!
I think you’ll agree, when we seek professional help, it’s VITAL to choose someone with a long history of knowledge and wisdom to draw on.
BEWARE: there are a lot of people masquerading as “professionals” in the real estate industry… If you are buying or selling a home, the last thing you want is a realtor who lacks experience. Choose wrong and what could have been an easy and fast process turns into a nightmare.
Here are three foolproof questions you must ask your potential realtor:
1. How many homes have you sold in the past year?
2. Do you have any customer reviews online?
3. How does your marketing system work & what is it?
You can’t afford to have a “newbie” in charge of your very important real estate transaction! Choose someone who is selling a LOT of homes. (1 of every 2 agents in the Boulder area sold 2 or LESS homes in the past year - they might be the ones Googling “how to sell a home” when you’re not looking!)
Reviews don’t lie. Use the internet to see who’s been providing TOP customer service and most importantly, RESULTS. 5-star reviews mean great customer service and high satisfaction for you.
Lastly, marketing is really what this business is all about. Many realtors seem content to put the sign in the yard and hope for the best. You want someone who will PUSH and work daily, doing everything possible until your goal has been achieved.
I’m Dave Janis, and I hope this checklist is helpful for you. Welcome to my site. Have a look around and feel free to call me if you have any questions or if you think I might be able to serve you!
"Definitely" Dave Janis
P.S. - The “definitely” stands for the answer I’ll give when you ask whether I can sell your home fast and for the most money possible.
P.P.S. - I asked my friend whether he jumped off the table and got out of that doctor’s office, to which he said, “NO, but only because I was wearing that little examination dress and nothing more!”
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Let Dave know if there is something specific you are looking for and he'll find what you need. Enjoy your visit and please contact Dave if there is anything he can do to make your next home buying or home selling experience the best it can be!
Definitely Dave - Coldwell Banker Residential Brokerage
Direct: (303) 442-5001
Move over location—there’s a new real estate mantra in town.
It turns out when you buy your home can be as important for your budget as where.
After reviewing more than 32 million real estate sales since 2000, RealtyTrac analysts have discovered October is the best month to close on a home purchase.
“On average, October buyers get a 2.6% discount below estimated market value,” says Daren Blomquist, RealtyTrac vice president. “It’s that middle month between the summer selling season and the holidays [when] people are trying to squeeze in a purchase or a sale.”
And a seasonal price discount isn’t the only motivating factor for buyers to consider.
We turned to real estate and money pros for more insights into why October is the time to sign on all those dotted lines.
Before the days of estate taxes, children simply moved into the family home and took over the master bedroom after their parents died. Unfortunately, it’s not that easy anymore. There are several ways to give a home to your child. And a few are tax-free. But in order for the transaction to work properly, you’ve got to plan ahead. Here is a rundown of your options.
If you plan to live in your home until you die, and your estate is below the unified federal estate gift and estate tax exemption amount ($5.43 million for 2015), this is your best strategy. When you die, your home’s tax basis will be stepped up to fair market value. So you and your heirs will escape capital gains tax on your home’s appreciation. And, because the value of your estate is below the estate tax exemption, your heirs will owe no federal estate tax. They are free to move into the house, or sell it and keep the cash while owing little or no tax to the Feds (thanks to the basis step-up rule). If they do move into the house, their tax basis for calculating the gain or loss on subsequent sales will be the home’s fair market value at the time of your death
Living in a good school district doesn’t just bring better teachers, better books, and better test scores — it also can help preserve home values and ensure faster resale rates.
It’s a smart move to consider the quality of school districts in your home-buying decision — although there are pros and cons to buying in top-notch school regions. Parents hoping to land a good home deal and give their kids access to a high-quality education have several costs to weigh. If you do the math, you’ll find that pricier homes in a strong public school district may actually be better bargains than affordable homes in districts where many children attend private schools.