The Role of a Buyer’s Agent

Leave a comment

The process of buying a home is a significant life event, filled with excitement and, at times, a touch of apprehension. Navigating the complexities of the real estate market requires expertise, and this is where a Buyer’s Agent becomes your ally and advocate.

1. Expert Guidance:

A Buyer’s Agent brings a wealth of knowledge to the table. They understand the intricacies of the local market, including current trends, property values and neighborhood dynamics. This expertise allows them to provide informed guidance tailored to your specific needs and preferences.

2. Needs Assessment:

One of the primary roles of a Buyer’s Agent is to conduct a thorough needs assessment. By understanding your lifestyle, priorities, and long-term goals, they can pinpoint properties that align with your vision. This goes beyond the number of bedrooms and bathrooms; it’s about finding a home that complements your unique lifestyle.

3. Market Analysis:

Buyer Agents conduct Comprehensive Market Analyses (CMA) to ensure that you make informed decisions. They assess recent sales data, current listings, and market trends to help you determine the fair market value of a property. This strategic approach ensures that you enter negotiations with a clear understanding of the property’s worth.

4. Property Showings:

A Buyer’s Agent takes care of the logistics, ensuring that you have access to view properties that match your criteria. Their expertise allows them to identify both the hidden gems and potential red flags during showings.

5. Negotiation Expertise:

When you find the home of your dreams, negotiations come into play. Your Buyer’s Agent is your skilled negotiator, working on your behalf to secure the best possible terms. From price negotiations to contingencies, they advocate for your interests every step of the way.

6. Transaction Coordination:

The process of buying a home involves a myriad of details and paperwork. Your Buyer’s Agent manages the transaction coordination, ensuring that deadlines are met, documents are in order and helps you navigate the legal aspects to make the entire process flows smoothly. This attention to detail is crucial for a seamless and stress-free experience.

7. Inspection Support:

The inspection phase is a critical aspect of the home-buying process. Your Buyer’s Agent assists in coordinating inspections and helps you understand the results. If issues arise, they guide you on the best course of action, whether it’s negotiating repairs or reconsidering the offer.

8. Closing Assistance:

As the closing date approaches, your Buyer’s Agent remains by your side. They assist in coordinating the final details, ensuring that the closing process is efficient and well-managed. Their goal is to make sure you walk away from the closing table with the keys to your new home and a sense of satisfaction.

9. Post-Closing Support:

Even after the closing, your Buyer’s Agent continues to be a valuable resource. Whether you have questions about settling into your new home, recommendations for local services, or considerations for future real estate endeavors, they are there to offer ongoing support.

In essence, a Buyer’s Agent serves as your trusted advisor, streamlining the home-buying process and empowering you to make confident decisions. When it comes to making one of life’s most significant investments, having a knowledgeable advocate in your corner makes all the difference.

***************

Do you have any questions on the role of a Buyer’s agent and how it may be affected with the recent NAR Settlement? Please reach out below – I would be happy to discuss.

Go back

Your message has been sent

The truth about online home shopping

Leave a comment

The start of a home search for nearly everyone starts online…. Zillow.com, Trulia.com, realtor.com.  There are a ton of sites out there for people to view homes for sale, recently sold, or even get an estimate on what these sites think the value of a home is.  The problem is, this information can be widely inaccurate and this ultimately leads to disappointment & frustration for home shoppers & sellers alike.  Let me explain.

Not all homes for sale are syndicated on these public sites.

  • It is up to the seller to decide if they want their home listed on these public sites or not.  Therefore, all homes that are listed for sale on the real estate MLS ( multiple listing service) site are not necessarily shown for sale on the public sites.  Your dream property may not even coming up in your search, but it’s sitting right there on MLS.  To get a true picture of what is out there for sale, you’ll want to talk with a realtor.

Data is not refreshed in a timely manner.

  • The 3rd party sites aren’t always refreshed in a timely manner so what may still look like an active listing for sale on Zillow is actually under contract on MLS.  I’ve even had a buyer send me a house for sale on Zillow to get my opinion and when I looked at MLS, it was sold months ago.  You don’t want to fall in love with a house online to then see it’s not even for sale.

Data is not complete.

  • MLS has hundreds of fields that realtors can fill in to give a complete picture of what the home has.  The online public sites only have a fraction of that.  So if you have a specific requirement in a home, you may think it’s perfect from your search online, but once you actually see the home or your realtor does the digging for you, it turns out to be missing one of your requirements.

Online home value estimates are widely inaccurate.

  • These public sites are using an algorithm and do not take into account the true details of a house.  The public sites don’t know about improvements that have been made to the home and if information like the number of bedrooms or square footage is off, the online estimate will be off.  These sites also use comparable sales for their data points and what they think is a comp, may not be a comparable property when you look at the true factors of the houses.

Even with these points, I do still support buyers shopping online.  It is a good way to get a taste of the different types of homes & a general idea of what is out there.  Once a buyer has spent time searching online, the safest bet is to share what they found with a realtor and go look at the homes in person.  Pictures online can be hiding some important characteristics about the home and you can only get the true picture until you are on the property.

********

If you have been poking around online on your own and you want to share with a REALTOR® what you have been looking at in Colorado, I’d love to help!  Please email me at bgoltz@wkre.com or reach out via the contact information below:

Go back

Your message has been sent

New Construction Doesn’t Mean Problem-Free

Leave a comment

I’ve heard it many times on showings or while having conversations with people — the assumption that a new build won’t come with any problems. Unfortunately, new doesn’t mean problem-free. In fact, new homes will likely have some issues whether it be missed construction items or construction defects. Even with an inspection of the home, some issues may not be uncovered until the buyer moves in which can be frustrating. I recently read an article from one of the inspection companies I work with that brings to light some of the common problems with new construction.

Read the article from Scott Homes here: https://bit.ly/2xzn7IR

To highlight some of the items they discuss:

  1. Dirty duct systems
  2. Doors that don’t close properly
  3. Windows issues
  4. Incorrect plumbing or appliance hook-ups
  5. Overlooked painting

If you are thinking of a new build, this article is worth a read. If you need help with your home search in Colorado, I would love to help! Please reach out via the contact tab here or email me at bgoltz@wkre.com.

Important Home Health Items

Leave a comment

As a REALTOR®, I help my buyers ensure they are taking the appropriate measures to validate that the home they are buying is safe for their family.  Typically this involves an inspection by a certified inspector during the transaction period.  As standard practice, the inspector will do a whole-home inspection, but there are often optional add-ons to test for items that can cause serious health concerns.  Being aware of a few key items that can be of concern is important so you can ask the right questions to the inspector, request the right tests, and be knowledgeable moving forward living in your home.

Here are three important items to be made aware of:

#1 ~ Lead

Homes built before 1978 have a high likelihood of containing lead-based paint.  Lead can be dangerous if not managed properly and disturbing surfaces with lead-based paint or removing lead-based paint improperly can increase the danger to your family.  If you are buying, renting, or renovating a home built before 1978 and have children under the age of 6, you may want to have it checked for lead-based paint.  Lead is especially dangerous to children under the age of 6 because their brains and nervous systems are more sensitive to the damaging effects of lead.  However, be aware that lead-based paint is usually not a hazard if it is in good condition and if it is not on an impact or friction surface like a window.  Always keep painted surfaces in good condition to minimize deterioration.

Visit here for more info on lead.

#2 ~ Asbestos

Asbestos is a naturally occurring mineral substance whose fibers were mixed into many products, including building materials.  In the 70s and 80s, reports started to emerge that inhaling the small fibers of asbestos could cause health complications including lung cancer. Since then, the US government has restricted the use of asbestos, but that still leaves us with many homes that were built with materials containing asbestos.  The top 5 products that you can find asbestos in are:

  • Popcorn ceilings
  • Asbestos ceiling tiles popular between 1950s – 1980s, often found in kitchen ceilings or remodeled basement areas
  • Vinyl floor tiles – the most commonly produced vinyl tile product containing asbestos was the 9×9 inch tile that was sealed to floors with adhesive.
  • Heating duct pipe wrapping – asbestos insulation was widely used on heating pipes and sometimes on water pipes.
  • Vermiculite –  a popular attic insulation material used in houses built from 1900-1940s

Be aware that asbestos is not considered harmful unless it is damaged or disturbed in some way, which could release the dangerous fibers into the air. As the EPA states: “Asbestos-containing materials that aren’t damaged or disturbed are not likely to pose a health risk. Usually, the best thing is to leave asbestos-containing material alone if it is in good condition.”

Visit here for more info on asbestos.

#3 ~ Radon

Radon is toxic gas that is derived from naturally decaying uranium in the soil. Uranium is naturally found in our soils all across the nation, and is especially prevalent in Colorado.  Uranium can be found below homes both new or old and as it decays, it releases radon gas.  The radon gas rises to the surface and can rise through gaps and cracks in a homes foundation or walls.  It is odorless, colorless, and tasteless and can only be detected with radon testing equipment.  It is considered to be carcinogenic by the World Health Organization (WHO) and a leading cause of lung cancer.

The Environmental Protection Agency sets radon safety levels at 4.0 pCi/L (pico-curies-per-liter) and if a home is found to have radon levels at or above this, it is advised to do radon mitigation.  Since radon can be found below homes both new or old, it would be a wise safety measure to always do a radon test within the inspection period.

Visit here for more info on radon.

If an inspector does uncover any of these items during the inspection period, you can speak with your realtor about options on how to move forward.  Most important is that you are aware of the concerns and can make a smart decision on how you want to move forward.

**********

If you need assistance from a REALTOR® to help in your Boulder-Denver area home search, I would love to help!!  Please reach out via email at bgoltz@wkre.com or through the contact info below.

Go back

Your message has been sent

Hottest Home Trends of 2019

Leave a comment

With this post, I am not trying to pretend like I am a design expert, but being a REALTOR® and someone who is interested in “all things home”, I do read a lot of home articles, posts, and blogs.  Lately, I feel like one after another is about the hottest trends to expect for 2019 – from paint colors to interior design, furniture design, and overall home. If you have plans for redecorating or want to refresh some of your spaces, it can’t hurt to know what experts believe will be resonating in 2019.  I have gathered together some of the more valuable articles I have read and pulled out a few consistent points I am seeing across sources.

Predictions for what will be hot in 2019:

  • More bold, vivid, high-contrast patterns and more vibrant accent colors
  • Pantone declares Living Coral is the color of the year. What it conveys: Life-affirming, optimism, joy.
  • Earth tones: all versions of sand and earthy colors like ochre, burnt gold, and terracotta like Sherwin-Williams’ 2019 color Cavern Clay
  • Art Deco influence to become more prominent in the coming year
  • Ornate & textured walls and wallpaper
  • Antiques and handmade, custom pieces – return to handcrafted authenticity
  • Live Greenery and biophilia (the innate tendency in human beings to focus on life and lifelike process)
  • Innovative uses and mixing of metals 
  • Matte Black

If you have some time to read more for yourself, here are a few of the best articles I have read for 2019 predictions: 

All in all, I believe what is most important is that you make design decisions that resonate well with you & your family.  If you aren’t a fan of a certain style, don’t try to force it because some people say it is “in style.”  And lastly, I still stand by the importance of timeless design decisions for major renovations if you want to maximize the resale value of your home which I touch upon in my last blog post:  Home Renovation Projects that Boost Resale Value of Your Home.

Happy planning and decorating!

******

If you or someone you know has any real estate needs within Colorado, I would love to help!  I support buyers and sellers primarily in the Denver-Boulder areas. Please reach out via the contact form below to start a conversation about how I can help you:

Go back

Your message has been sent

 

 

Home Renovation Projects that Boost Resale Value of Your Home

1 Comment

Many home buyers that are considering home renovation projects usually want to make sure they are investing in something that will raise home values and appeal to home buyers. Even if there are no plans to sell soon, it is wise to keep resale in mind for home renovation projects.  Prioritizing your spending into areas of the home that will help boost resale values is a smart approach.  Read more for tips on how to help with your planning:

  • Kitchens.  Nearly every buyer is pleased when they see a beautiful kitchen, even buyers that aren’t afraid of projects.  Kitchen remodels can be expensive so even if the rest of the house needs work, buyers are happy to see that one project checked off the list.  If you are planning any home project, starting with a kitchen update really should pay off in the end.   Overall make sure the layout is functional – does the flow work for cooking & entertaining?  Know that plenty of counterspace & storage is important to buyers and many will be pleased with an island in the kitchen as long as it doesn’t make the space too cramped.  New energy-efficient appliances will benefit you as a homeowner and look appealing to future buyers.  Finally, if you are going to update things like cabinets, countertops, the backsplash, and lighting try to stay with design decisions that are timeless.  Any unique features that only appeal to a certain type of audience will narrow the pool of buyers that appreciate the work put into the kitchen.
  • Bathrooms.  After the kitchen is done, move onto the bathrooms.  Same rule applies with keeping the updates appealing to a broad audience.  You want to create an attractive space that has a clean and updated feel.   You can still have fun with your updates – maybe consider an accent wall behind the vanity or toilet or new, modern mirrors & lighting.  Keep in mind that many buyers still want at least one tub in their home so don’t plan to get rid of all bathtubs in your house, no matter how trendy those stand-alone showers are.
  • Energy efficiency.  The next item that will pay off for both you as a homeowner & for resale is how efficient the home is.  Check the age of the furnace or boiler, hot water heater, & A/C units – consider updating with new models that work more efficiently. Leaky doors and windows affect your heating and cooling bills and is something buyers will notice.  If you don’t want to replace your windows & doors, you can update weather-stripping or reseal the windows to see if that helps.  If you have poor insulation in the house, you can improve the quality of the insulation.
  • Exterior.  First impression makes a difference so investing in exterior updates will be beneficial as well.  Consider an exterior paint refresh, especially if you have chipping or fading paint. If you are looking for a change, but don’t want to repaint the whole house, choose a fresh new color for the front door.  For an affordable update that makes a big difference, swap out any exterior lights that may not be working or are outdated and replace with a fresh, modern look.  Lastly, investing in your yard and garden will help you better enjoy your home & have buyers see that you not only have a great house, but a great property.  Be careful with adding unique additions that may turn away future buyers such as an elaborate water feature.  A koi pond, for example, may look beautiful to some, but to others it may just look like a lot of work or even a dangerous hazard to a buyer like a family with young children.
  • Look at your floors.  If you have carpet, tiling, or wood floors that have seen better days, investing in an upgrade or refresh for the floors will be a smart decision. Flooring can really stand out — making the whole house feel clean & inviting or put off the opposite effect if the floors are in bad shape.   Focus on what you can afford – making sure to at least to update the flooring in the rooms you renovate (such as the kitchen & bathrooms) and expect to have to price the house accordingly if the floors in other areas of the home really need work.

If resale value is a major concern of yours, talking to a local REALTOR® to get their advice before starting the project can be very beneficial.  If you are in the Boulder/Denver area, I would love to help!  Please reach out via the contact information below or email me at beth@goodacreproperties.com.

Go back

Your message has been sent

Thinking of Selling Your Home? Top 5 Things to do First

Leave a comment

The idea of selling your home usually comes upon slowly as you start to think about life changing events that may make you want to sell.  Possibly your family is growing and you need more space or you’re going to be empty nesters and would prefer to downsize. Whatever your scenario is, having a plan going into listing your home is a great idea. Here are my top 5 things you will want to think about before listing your home for sale:

  1. Talk with a REALTOR® you trust.  My advice is that it is never too early to loop in a REALTOR®.  They can give you insight on things like the best month to list your home, some suggestions for updates to make to your home to maximize your profits, and prepare you for what to expect.
  2. If you will be listing a few months out, now is a good time to start sprucing up your home.  Tackle those projects that you know must be done — from cosmetic updates that will be eyesores to potential buyers to the big items that you know may come up in an inspection.  It can’t hurt to service items like the central A/C unit, furnace, and have the chimney cleaned.
  3. Organize dates & documents that buyers may request like age of the roof, age of appliances, dates of latest services, HOA documents, typical monthly utility bills, and warranties.  This will help answer questions from serious buyers considering purchasing your home & save time during the transaction.  You cannot hide from bad news with your house — seller’s failure to disclose known material defects with the house may result in legal liability.
  4.  Consider your options for “where to next” and plan for the scenario where your home sells fast.  If you are planning on buying another home, remember that it usually takes at least 30 days to close on a home if you are getting a loan.  You are going to want to talk with your REALTOR® about your options if you are buying & selling at the same time, as well as a lender if you plan to get a loan on your next home purchase. You don’t want to be left homeless with no plan in place!
  5. Start to de-clutter and prepare for the move.  Less “stuff” in a house looks better to potential buyers and will help make the transaction period less stressful for you. You will have a lot of to-dos with the real estate transaction itself, the less stress you have with packing up & moving, the more you will thank yourself.

Once you & your home are prepared for the sale, your REALTOR® will get to work listing your home for sale.  You may want to review my past blogs on “Improving Your Home’s First Impression” &  The Seller’s Roadmap to further prepare yourself for the sales process.

Once your home is listed – support your REALTOR® and respect their opinion on the process.  Try to be as flexible as you can with showings & open houses and keep your house clean & presentable.  The easier it is for buyers to come in and see your home, the more traffic you will get with prospective buyers.  The more enjoyable the experience is for the buyer in your home, the more positive of an impression it will have on them.

Good luck & happy selling!

***********

If you need assistance from a local REALTOR® to sell your home in the Boulder-Denver areas, I would love to help!!  Please reach out via email at beth@goodacreproperties.com or through the contact info below.

Go back

Your message has been sent

 

Finding the Right Neighborhood In Your Home Search

Leave a comment

If you’re a home-buyer searching for your perfect home, you probably have a checklist of criteria that you are looking for: certain number of bedrooms, bathrooms, a modern kitchen maybe, or open floor plan.  One thing that should be high on your list too (and can be overlooked) is the community and neighborhood.  Factors like walkability, HOA (Home Owners Associations), access to walking trails, schools, even neighbors’ upkeep of their homes should all be something to consider too.  Trulia words it perfectly in a recent article I read:

“You can knock down walls and repaint your new home all you want, but when it comes to your neighborhood, you take it as it is. But if you choose the right one, that can be great news.” 

Here are five tips to help you choose a home in a community that is right for you.

  1. Overall ask yourself about the type of scene you are looking for in a neighborhood – a quiet one or a more lively scene.  You may love hanging out in a particular part of town, but when it actually comes to living there, you may find that all the other people hanging out there too & making noise isn’t exactly what you had in mind.
  2. How did you feel on your first impression of the neighborhood?  Did you mind that there were RVs and cars parked all around on the road and in driveways? Did you see many houses that are run down or yards that need work?  Neighborhood associations often have rules around parking on the roads, general upkeep, and even aesthetics of the houses.  If you are concerned about the appearance of your neighborhood as a whole, maybe a one with a HOA is the right for you.  If you didn’t have a good feeling at first of a particular neighborhood, you may want to stick to your gut.
  3.  Decide if walkability is important to you and if so – make sure you understand what is defined as within walking distance.  For example – if you see a house listed as highly walkable, you may have an image of walking to cute “Mom & Pop” shops and cafés only to realize, it is walking distance to a strip mall with only fast food chains and a gas station.  Go visit the house and park the car… walk around and get a feel for the neighborhood & the walks you will go on.
  4. While you are out walking, talk to the neighbors.  What better way to really hear the ins and outs of an area than from a neighbor that already lives there.  There may be complaints or positive features that aren’t obvious from you quick visits.
  5. Check the surrounding features such as whether there are parks or walking trails close to the house.  Also look for elements that may affect the day-to-day living like being near a loud, active train or even a tourist attraction that will bring heavy traffic.  It is also good to look at the school ratings in the area even if you don’t have children as higher rating schools will be better for resale.

In the end, you want to get into a home you love in an area that is right for you.  Taking the extra steps to really study the area as much as the home will pay off in the end.

**********************

If you or anyone you know needs help on their Boulder-Denver home buying search, I’d love to help!  Please reach out through the contact form below or emailing me at beth@goodacreproperties.com.

Go back

Your message has been sent

 

 

 

 

Selling? Improve Your Home’s First Impression.

1 Comment

Your home’s first impression for a home-buyer is most often online.  How your home looks in those pictures can make a major difference on whether you will get a buyer in to your home to look at it or not.  As a realtor, I sometimes cringe looking at the quality of photos posted of a home or the messiness of a house which stands out more than the natural beauty of the home itself.  You don’t want this to be your house so read more for tips to help get your house picture-perfect ready:

#1.  Make sure you take care of the major items to prepare your home for sale like touching-up paint, making necessary repairs around the house such as broken or damaged items, cleaning carpets of obvious stains, and sprucing up your yard.  You want your house to be in it’s best shape to get top dollar.  See my earlier blog on The Seller’s Roadmap if you aren’t sure on the process of selling your home.

#2.  Make sure you hire a realtor that will coordinate professional photos for you.  Most realtors should offer to pay for these photos – if they try to convince you they can just take the photos on their phone, I’d highly suggest you start looking for a new realtor! You (and your home) deserve better.  Professional photos will help make your home shine.

#3.  Talk with your realtor about whether it is worth the investment to stage your home.  Houses that are vacant or have furniture that have seen better days may really benefit from home staging.

#4.  A few days before the pictures, take an afternoon to prepare your home for the photos.  This includes:

  • Putting away & organizing major clutter.  Try to clean off counters, tops of furniture (such as coffee tables & desks), tidy up shelving that may be overflowing with personal items, tuck away pet supplies, and put away laundry.
  • Minimize toiletries in bathrooms & freshen the space.  Too many products on the counters may imply there is not enough storage.  Plan for the photographer to open shower curtains for the photos so try to keep the shower/bathtub clean & clutter-free.
  • Check all light bulbs and replace ones that are burnt out.  The photographer will likely want all the lights turned on and it will look funny if one of two bathroom lights are out, for example.  Don’t forget exterior lights!
  • Do a thorough clean of your house.  Consider a professional carpet clean if the carpets are particularly dirty & stains visible.
  • Spruce up the yard and outdoor space.  Wash off dirty outdoor furniture, clean-up the yards and gardens, pull any dead plants, mow the lawn, put away children’s toys and games.
  • Feel free to add some additional greenery inside or out with plants, but be careful about dating the pictures to a specific holiday in case your house doesn’t sell as quickly as you hope.
  • Hide electrical cords, including any jumble of wires that may be visible under your TV console or desk.

#5. On the day of the photos, you’ll want to do a final run through sprucing up your property.

  • Clean counter-tops and do another round of de-cluttering.  Put away the majority of items on the kitchen counters such as dish drying racks, extra appliances, utensil holders, spices, etc.  You want to make your counters look as spacious as possible.
  • Wipe down hardwood & tiled floors and try to get your appliances to shine, especially stainless steel that easily show smudges.
  • Make all the beds and ensure pillows & throws look tidy on furniture.
  • Clean windows of smudges & dirt which can show up in photos and take away from the pretty windows or views.
  • Toilet seats down & neatly fold any hand towels around the house.
  • Turn on all lights – don’t expect the photographer to do that for you.

Finally, after the photos are taken – it is still important to keep the house in excellent condition for the showings.  Nice photos will help get people into your house, but you want them to be impressed once they are there too.  Keep the house clean, tidy, and odor free while the house is on the market!

*************

If you are thinking about selling your home in the Boulder/Denver area, I would love to help.  I always provide professional photos for my clients, advice on updates or tips to help the house sell for top dollar, an innovative & custom marketing campaign around each listing, and I always strive to exceed my client’s expectations with exceptional client service.  Please email me below for more information on how we can work together & to see my sample listing marketing plan.

Go back

Your message has been sent