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Friday, November 15, 2019   /   by Cameron McClellan

Will a flat fee company save you money?

In the Denver market homes are selling quick and flat fee real estate agents are becoming popular because homes are easier to get sold. If you are thinking about selling, check out how we stack up against the flat fee companies right here!

Recently three flat fee companies have been prevalent so we wanted to see what the numbers really are. In this article I will break down the important statistics for every homeowner when they select an agent. All figures are from the MLS.
The industry standard for a residential property sale in Denver Metro is 6% of the purchase price with 2.8% of that going to the agent that brings a buyer and 3.2% of it going to the agent that has the house for sale. At Colorado Team 6% is the most we have charged. We don’t have admin fees or anything on top, and we always pay at least 2.8% to the buyer agent so they are happy to show our listings.

Here we look at how close your house sells to the price you are asking for it. I pric ...

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Friday, November 15, 2019   /   by Cameron McClellan

Appraisal, Market Analysis, Zestimate – Here’s To Understanding Your Home’s Value

Your home value is determined by the market, that is, what a buyer will pay for it. To estimate the value of your home, check out these approaches. 

Appraisal- An appraisal is an opinion of value, or a judgement based on experience. It is needed when real property is sold or refinanced. A licensed appraiser will take into account the demand for your property, the utility or use of your property, the scarcity (are similar properties available nearby), and transferability (can it be sold).
Pros: Appraisers are licensed professionals that have been trained to determine the value. They consider many factors that influence value such as the physical (good or bad condition), social (is it close to amenities?), economic (is it a declining area?), governmental (taxes), directional growth (are they building new homes around it), and location.
Cons: An appraisal is the most expensive and time consuming of the options outlined.
The Difference in Appraisals
A resale hous ...

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Friday, November 15, 2019   /   by Cameron McClellan

Preparing For Your Photoshoot

We’ve taken everything we’ve learned in photographing and marketing tens of thousands of properties and compiled the list below to help homeowners prepare properties for photoshoots. In our experience and research, following the checklist below will ensure that your property is as marketable as possible!

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Friday, November 15, 2019   /   by Cameron McClellan

The Most Important Dollar In Real Estate

A lot of factors come into play when selling a home. One factor is psychology vs strategy in pricing. So, which one is better $499,999 or $500,000?
The pricing mistake is offering a home for sale $1 less than a buyer segment. Most home buyers are looking for homes in increments of $10,000. Pricing your house at $499,999 may sound better than $500,000. In this situation you are only targeting the buyer looking for a house up to $500,000 and your home would be at the top of their budget. A buyer that is looking for a home from $500,000 and up will not see your house for sale, and it would be at the bottom of their budget.

By pricing your home in $10,000 increments it will be seen by buyers looking up to your price, and from your price up. Skip the psychology and focus on the strategy of putting your home in front of more people. It will bring you more opportunities to find the perfect buyer.

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Friday, November 15, 2019   /   by Cameron McClellan

Common Questions About Selling A Home

Thinking about moving soon? We answer the most common questions about selling a home here.


 


Q: How much is my house worth?


Market value of your house is determined by the market – that is, what today’s buyers are willing to pay for your house. Like a stock, buyers are comparing your house to other homes currently on the market, and similar homes that have recently sold in your area. There are three ways we recommend for getting your home value. For a starting point, you can check online estimates such as Zillow. If you are making a financial decision it is smart to have a Realtor give you an evaluation called a CMA or Comparative Market Analsyis. The most recognized way to get your home value is to pay for an appraisal. Here is a quick read that explains these methods in more detail, and if you would like to get a Realtors evaluation, click here. 


Q: How long will it take to sell my home?


The time it takes a home to sell de ...

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Cameron McClellan
8600 Park Meadows Drive Suite 300
Lone Tree, CO 80124
720-515-9522

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