10 Key Qualities to Look for When Selecting an Agent

Buying a home is one of the most significant financial and emotional purchases of a person’s life. That’s why it is so important to find an agent that can not only help you navigate the home search process but one who can also answer your questions and represent your needs from start to finish. Most importantly, your agent should care about your happiness and ensuring that you find the home that best fits your needs.

Here are some qualities to consider when selecting a real estate agent:

    1. Likable. More than likely, you will be spending a lot of time with your agent, so look for someone that you enjoy interacting with.
    2. Trustworthy. One of the best ways to find an agent who you feel you can trust is to ask friends and family for a referral. Another way to do this is to interview different agents and ask for client references.
    3. Effective listener. While your agent can’t read your mind, they should be able to make educated recommendations and offer advice by listening closely to your needs. Make sure you talk to your agent about your priorities, what types of features appeal to you, as well as any factors that could be deal breakers. This will arm your agent with everything they need to help find you the perfect home.
    4. Qualified and experienced. Make sure your agent has the qualifications and experience to meet your specific needs. For example, some agents have more experience with short sales, while others might be experts on certain neighborhoods or types of housing.  Your agent should also be fully trained in contract law and negotiations.
    5. Knowledgeable. A great agent is someone who is out in the neighborhoods, exploring communities, visiting listings, performing marketing analyses, and collecting all the information that you need to make an informed, confident decision about your real estate needs.
    6. Honest. Your agent should be upfront and honest with you about every aspect of your home search process – even if it involves delivering bad news. The best real estate agents are more concerned about finding the right home for their clients, not just the home that brings in the fastest commission check.
    7. Local. Every community is different and all real estate is local, so it’s important to find someone who really knows the local market and can provide you with whatever information you need to familiarize yourself with a particular area.
    8. Connected. A well-connected agent will have relationships with lenders, inspectors, appraisers, contractors, and any other service provider you might need during your home search.
    9. Straightforward. You want an agent who will work hard to help you find the best home, but you also want someone who will be straightforward with you about the process, the market reality, and what is realistic for you.
    10. Committed. Your agent should be in it for the long haul, meaning that they’re looking out for your best interests every step of the way, no matter how long the process takes. The best way to find an agent with these qualities is by asking around. In all likelihood, someone within your circle of friends or family will have experiences to share and professionals to recommend. You can also search for agents based on area, so you know you’re getting someone who is knowledgeable about the neighborhood(s) you’re interested in. Click here to learn more about the buying process.
Posted on June 27, 2018 at 5:00 am
Fort Collins | Category: Blog, Buyers & Sellers | Tagged , , , , , , ,

Limited Choices

Pretend that customer walks into our office and tells us they are looking for a single family home in Fort Collins. We would tell them that there are 314 to choose from. But if they told us their price range is up to $300,000, their choices would be limited to just 10 homes.

Single family homes priced under $300,000 only represent 3.18% of the total inventory in Fort Collins. This is a big reason why buyers are opening up their search to communities that surround Fort Collins.

Here’s a snapshot of the major Northern Colorado markets:

  • Loveland: 176 Homes For Sale/15 Priced Under $300,000
  • Windsor: 151 Homes For Sale/6 Priced Under $300,000
  • Greeley: 98 Homes For Sale/33 Priced Under $300,000
  • Fort Collins: 314 Homes For Sale/10 Priced Under $300,000

What’s important to know is today’s market dynamics create an ideal scenario for the move up buyer to use the equity in their home, leverage the low interest rates, and buy the home of their dreams.

Posted on February 3, 2017 at 8:31 am
Fort Collins | Category: Blog, Fun Facts | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Our Crystal Ball

Last week Windermere’s Chief Economist Matthew Gardner joined us for our annual Market Forecast events in Colorado. We were pleased to host over 500 customers at two events in Denver and Fort Collins.

Here are some of the big takeaways that we shared:

  • Interest rates will increase to 4.6% by the end of the year
  • First-time buyers are back and will make up 47% of all buyers in 2017
  • Inventory will remain at record lows and will continue to drive up prices
  • Appreciation is expected to be between 9% and 7% across our Front Range markets
  • Home builders will get creative in order to hit lower price points – we will see more “tiny homes” and more homes without basements

Click HERE to see Matthew Gardner’s infographic on the 2017 Forecast.

Posted on January 27, 2017 at 12:10 pm
Fort Collins | Category: Blog, Economy | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Did You Know?

Windermere Real Estate Northern Colorado Here are some fun “Did You Know?” stats as we wrap up 2016 (arguably one of the most fascinating years in the history of Northern Colorado Real Estate)

  • 2,281 homes were sold in Fort Collins this year
  • That’s 133 fewer than last year
  • Windsor had 197 more home sales than last year
  • The only major market with considerably more sales than 2015
  • Today, as we finish 2016, there are only 10 single family homes on the market in Fort Collins priced under $300,000.

 

Posted on December 30, 2016 at 3:42 pm
Fort Collins | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Mortgage | Tagged , , , , , , , , , , , , , , , , , ,

How Interest Rates Impact Your Buying Power

Know your risk. How will your buying power be impacted with increased interest rates?

Check out this infographic for an understanding of how much interest rates affect how much home you can afford.

20161216-Cost-of-Interest-STM-1024x791

 

Source: www.simplifyingthemarket.com Read the full article here: http://www.simplifyingthemarket.com/en/2016/12/16/the-impact-your-interest-rate-has-on-your-buying-power-infographic/?a=79696-9675764dc3b9cb63398c8d3c043b0717 

 

 

Posted on December 22, 2016 at 2:26 pm
Fort Collins | Category: Blog, Colorado Real Estate, Fun Facts, Mortgage | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Multi-Wow

apartment-406901_1920Check out what’s happening in the multi-family market in Fort Collins.

The number of condos and townhomes for sale is way down compared to last year. 35% fewer new listings hit the market in November 2016 versus November 2015.

Of course that means prices are up, 15% to be exact. The average price for multi-family in Fort Collins is now at $282,000.

Who would have thought that one day the average price for a condominium or townhome in Fort Collins would be $300,000? Well, that’s close to being a reality.

Posted on December 12, 2016 at 4:59 pm
Fort Collins | Category: Blog, Colorado Real Estate, Fun Facts | Tagged , , , , , , , , , , , , , , , , , ,

10 Reasons to Sell Your House This Holiday

Waiting for spring to think about selling your house?

You might want to think twice… Check out this video to discover 10 reasons to sell your house this holiday season!

Posted on December 8, 2016 at 12:12 pm
Fort Collins | Category: Blog, Colorado Real Estate | Tagged , , , , , , , , , , , , , , , , ,

Windermere Metro Denver Expands to Aurora

PRESS RELEASE

For Immediate Release

Windermere Metro Denver expands to Aurora
Windermere opens fourth office in Colorado

Denver, COLO. (December 8, 2016) – Windermere Real Estate has just opened a new office in one of the fastest growing communities in Metro Denver.  The new Aurora location, which is located in the Southlands shopping center, joins Windermere locations in Fort Collins, Centennial, and Denver. Windermere opened its first office in Colorado just two years ago and has plans to continue growing across the state over the next few years.

“We are very excited about our recent expansion into Southeast Aurora; the city is growing by leaps and bounds and we are happy to be part of this exciting growth,” said Vincent Grandi, co-owner and managing broker of the Windermere Aurora office. “One industry that has lacked a presence in the area is real estate, forcing many home buyers and sellers to search outside the area for a real estate agent. We are proud to now provide a local neighborhood office with experienced and knowledgeable agents who live and work in Aurora and have extensive knowledge of all that the city has to offer,” said Grandi who co-owns the Windermere Metro Denver and Aurora locations along with (insert all the owner’s names).

Grandi added that one of the best advantages of living and working in the city of Aurora is the vast diversity of its residents, “Aurora is a melting pot of many immigrants that have chosen to come from all over the globe to live and work.  We’re proud to be part of this community and look forward to providing the best real estate experience to the residents of Aurora,” he said.

The office features a hip, fresh atmosphere, effective spaces for agent training and client meetings, and a rooftop deck.

“This location fits our strategy to serve home buyers and sellers all across the Front Range,” said Eric Thompson President of Windermere Real Estate in Colorado.  “We are thrilled with the team at Windermere Metro Denver and their ability to offer an exceptional experience to both their agents and their customers.  I’m excited to watch Windermere grow in Aurora.”

About Windermere Colorado:

Since its inception in 1972, Windermere Real Estate has grown to be a network of 300 offices with more than 6,000 agents by focusing on three basic principles: hire the best people, give them the best tools and create thriving communities. Windermere’s growth has allowed them to expand into the Colorado market led by Eric Thompson, President of Windermere Colorado. For more information, visit www.windermerecolorado.com.

 About Windermere Real Estate

Windermere Real Estate is ranked the largest regional real estate company in the Western U.S. with over 300 offices and 6,000 agents serving communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Mexico. Last year, Windermere closed over 86,000 home sales for more than $31.7 billion in dollar volume. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation, which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than 32 million dollars towards improving lives in the communities where we live and work. For more information, visit www.windermere.com.

Posted on December 8, 2016 at 8:43 am
Fort Collins | Category: Blog, Colorado Real Estate, Press Release | Tagged , , , , , , , , , , ,

100K

The City Manager for Fort Collins, Darin Atteberry, recently visited our weekly sales meeting. He had several interesting and valuable facts to share, including this…

lego-1044891_640Based on the City’s research, Fort Collins will grow by 100,000 people over the next 25 to 32 years. That will bring the population to approximately 255,000 people. It means Fort Collins will essentially add the equivalent of Boulder’s population over the next two and a half decades.

100,000 people will require 40,000 housing units. That equates to 1,600 new homes/apartments/condominiums/etc. per year for the next 25 years.

Wow!

If you are curious where all of these people with live and how Fort Collins will accommodate them, join us at our Third Annual Market Forecast event on January 19th! Windermere’s Chief Economist, Matthew Gardner, is flying here all the way from Seattle to present to us along with Eric Thompson, president of Windermere Colorado. Just visit www.WindermereForecast.com to reserve your seat.

Posted on December 2, 2016 at 4:30 pm
Fort Collins | Category: Blog, Fun Facts | Tagged , , , , , , , , , , , , , , , , ,

The Trump Tantrum

interest-rates-gameSince the election interest rates have jumped from 3.77% to 3.95% according to the Mortgage Bankers Association.

“This week’s increase in mortgage rates, being dubbed the ‘Trump Tantrum,’ is the biggest one week increase since the ‘Taper Tantrum‘ in June 2013,” said Bankrate’s chief financial analyst Greg McBride.

Economists say the anticipation of Trump’s pledged spending plans and tax cuts have investors anticipating some inflation and a dose of adrenaline to the economy which have caused a great deal of volatility in the market.

A little perspective is in order- rates today are still lower than the 3.97% recorded last year at this time. And, rates today are still essentially half of their long-term average.

Using a $400,000 home as an example with a 20% down payment, this interest rate increase translates to an additional $34 per month.

Many economists believe that we are now seeing the beginning of a long-term rise in interest rates.

source: Inman News

Posted on November 18, 2016 at 4:51 pm
Fort Collins | Category: Blog, Fun Facts, Mortgage | Tagged , , , , , , , , , , , , , , , , ,