Good Realtor

[ColoWeb]

Originally Posted by jazzlover

How do you tell a good realtor from a bad realtor in these dying economic times?

I guess that would be based on someone's recommendation/word of mouth based on past experience rather then pick a name from a yellow book.

I never go around post/spam the individual I worked with but if someone ever needs a recommendation I always will give them the contact info and then let them talk make their own decisions etc.

[2bindenver]

Last year I assisted a buyer who bought a house for $107,000 that led to a $169,000 sale. Then I sold a house for $223,000 that was a referral from a past client (from c-d) who bought a house for $625,000.

Highlands Ranch single family housing ranges from $200,000 to more than a million. I choose to live here. When the kids are grown & gone, I might move. I have plenty of time to consider those possibilities.

I try to make it easy for people to do business with me. This year I will be licensed for 20 years. I sold my first house in 1989 for $9,000. We sold it again in 1990 for $42,000. The buyer was a builder, he scraped the house and started from scratch. We both thought that was an amazing amount of money. There was another guy who received an inheritance from his mother for $62,000 so he bought a house with cash, literally brought bags of cash to closing.

I get that everybody deserves good representation. At least, those that seek it out.

[Jerry Bckr]

I'm not sure what your game plan is, and since you mentioned good "deals", it could be that you were thinking of buying one that you could fix up and rent as an investment. That segment is currently one of the hottest price ranges in town. In fact, most of these are selling at a premium over asking price with anywhere from 8-12 offers in the first 24 hours with usually at least two of the offers for all cash. Most of these investors buy these homes to fix and hold to qualify for the long term capital gains. There's also a source out there that buyes these types of homes but they renovate and put in a tenant, with cash flows in the $200-$300 price range. They then sell these to investors that don't want to deal with the renovation part but are just looking for more of a turn key situation. Instead of paying all cash, you might be able to buy a couple going this route. The more cash you put down, the higher your cash flow would be.