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Wednesday, March 11, 2015
Monday, March 9, 2015
Behind The Scenes Of An Offer
The Offer: Every Coin Has Two Sides
So the buyer has finally made "the offer" on your property. For them, it's the culmination of weeks, months or possibly even years of looking for just the right place. They've logged many miles, hours of research, gathered several opinions and may have consulted various "experts" as to what's involved with all that they want or need to do to the house. They've reviewed the market data with their agent. They know when you bought the property and what you paid. They have a copy of your seller's property disclosure and have visually assessed the condition of the home cosmetically and structurally. Based on an analysis of recent sales and local market trends, the buyer has worked with their agent to craft an offer worthy of what they hope is a positive response.
For you as a seller, it's a milestone in a journey of keeping the house perpetually clean, living through several showings and an array of feedback on your home. You've probably never heard so much feedback from the peanut gallery (agents and their customers). But in the end, the buyers with this offer have chosen your home as the place to have their life happen. It all comes down to this: will you accept, reject, or counter the offer?
What Happens Next?
The answer, of course, depends. It depends on umpteen variables and scenarios but let's look at what happens once that offer is submitted.
It starts with effective communication from the buyer's agent to your agent. Sometimes it starts with the presentation of a story introducing the buyer and explaining what has led them to selecting your home. It should be meant to entice and hopefully interest you in beginning a conversation regarding finding an acceptable price and terms that both sides can agree upon. This helps soften the process instead of just sending in a form with a bunch of numbers, dates and legalese that don't convey any sentiment or personality behind it.
Before Responding To An Offer, Be Sure To Ask These 3 Important Questions:
1. How much are the buyers offering and what will this offer net me?
2. How solid do the buyers look and what are the chances of this going through?
3. Are there any potential red flags or funky conditions of this offer?
Every seller has a target price or range they wish to settle on and you likely have yours. The seller's agent is going to likely run a closing cost estimate for you that will project your costs based on the offer price made. There are closing costs associated with selling your home and they can vary depending on where in the country you are located. Once you know where things lie after closing expenses will help you in determining how to respond.
From "For Sale" To "Sold"
Your motivation for determining how to respond to an offer may be driven by when you purchased the property, how much you owe, as well as other personal factors impacting your selling situation - are you effectively relocating for a job or due to a corporate directed move? Is the move as a result of a life change (marriage, birth, divorce, or death)? You may also consider how your home compares in relation to its competition on the market as well as how long your home has been on the market and if you've had any other offers.
But in reality, as your agent will likely advise, "a bird in the hand is worth two in the bush." The market is speaking by the nature of the offer made and it would be in your best interest as a seller to try to work with it. Getting the conversation started on price and terms will hopefully result in a meeting of the minds between you and the buyer. After the finer points have been worked out, you will be able to go from "for sale" to "sold" and toast to a new chapter beginning in your life.
Confessions Of A First Time Home Buyer
Friday, March 6, 2015
I'm Holding A Beautiful Home Open Tomorrow In Highlands Ranch Golf Club
3091 Greensborough Dr.
Highlands Ranch, CO 80129
Saturday 10:00 AM - 3:00 PM
Wednesday, February 25, 2015
Colorado's 23 Best Burgers AND My Review On The Best Place On This List
If there's one thing I love in this world it's a delicious burger. Nothing beats the delicious, juicy, cheesy goodness that is a hamburger.
I am proud to say that my favorite place in ALL of Denver made this list: My Brother's Bar. This place is AMAZING. It is (if I'm correct) the oldest still operating bar in Denver. It has an old timey feel that, honestly, is a little dive-bar-esc. There are no T.V.'s at all in the entire bar/restaurant which almost forces you to be social (my kind of place)!
The bartenders know how to make the classiest of drinks and also pour the classiest of draft beer selections. My favorite part about the "bar" is that none of the brews are "main stream"...which apparently is oh-so hipster.
Lastly, my favorite part about this place...THE FOOD!!!! I'm not going to lie and say everything here is delicious. That's not because there aren't good items on the menu, it's because I haven't tried ANYTHING ELSE but the burgers!!!! This article is going to tell you to get the "J.C.B. Burger" or the "Johnny Burger" which are fair choices...but I'm going to let you in a little secret...listen to me and do as I do and you won't be disappointed, I promise:
- Walk in
- Find a seat and get situated
- DO NOT EVEN LOOK AT THE FOOD MENU!!!!
- Order your choice of beverage: My choice is either the Fuller's London Pride or the Full Sail Amber. Or If I'm feeling frisky, I'll order an Old Fashioned
- After you sip a little bit of your beverage, look up at your server and say, "I think I'm/we're ready to order"
- Then you say this verbatim: "I'll have a (Pick One: Single/Double) Ralphie-Johnny (Pick One: With/With Out) Onions (they are grilled onions FYI). I will also have a Combo Fries & Onion Rings."
- Hand the menu to your server like you just commanded the God of Hamburgers HIMSELF to walk back into the kitchen and make your burger.
- Once your burger arrives, unwrap it and take a big whiff of what will soon be in your stomach.
- DO NOT...I REPEAT: DO NOT...PUT ANY CONDIMENTS ON IT. That is like making it to the World Series and then using a Wiffle Ball Bat...YOU JUST DON'T DO IT.
- Enjoy your burger. If you do not finish it, you are banned for life from this place.
- Lastly: Respect this place. You have now been blessed by the food gods and are on holy ground.
Here is the article (click the picture). There are some other awesome places like the Cherry Cricket that would be good to try as well, but nothing beats My Brother's Bar
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