The “Neighborhood Expert” Is Not Always the Best Choice When Selling a Home

Team CHR Seller Insights, Selling

Many neighborhoods have an agent or two who are “neighborhood experts”. Your neighborhood may have one. The “neighborhood expert” is the agent you see on the bus bench near your home. He’s the one that puts a small American flag in your yard on the Fourth of July. She mails you regular updates on neighborhood home sale activity. He does community service …

The True Cost of iBuyer Convenience

Team CHR Selling

iBuyers are well-funded venture capital companies that seek to buy houses directly from sellers at wholesale prices so that they can turn around and quickly resell those properties at retail prices for a hefty profit. They are called iBuyers because they can get an offer to a seller almost instantly using computer algorithms to determine a price  iBuyers try to persuade sellers that the tried and true value of using an …

“I” (Instant) Buyers – A Tale of Two Sellers

Team CHR Selling

We’ve written recently about iBuyer companies. iBuyers are well-funded venture capital companies that buy homes for cash, mostly at wholesale prices directly from an owner and resell the property at retail value on the open market for a profit. They are called “iBuyers” because they make cash offers almost “instantly” using AI (computer algorithms) to arrive at an offering price. Their value proposition to a potential seller is ease, convenience and …

Solar: One Home Owner’s Exploration

Team CHR Improvements

A home owner recently called one of our agents for input. He and his wife were thinking about adding solar panels to their home. It turned into a fascinating conversation over a three-week period and resulted in identifying key factors to consider in making this decision. Here’s the summary of issues to contemplate: Environmental Care: Climate change is a controversial topic, but it …

Celebrities and Real Estate

Team CHR Selling

We thought you’d enjoy some news about homes on the market that have associations with the rich and famous … and infamous. Timothy Leary’s LSD Lair On Market at $1.5 Million You can be the next owner of Timothy Leary’s former home in the San Jacinto Mountains southeast of LA. The 80-acre Forbes Ranch was ground-zero for Leary’s promotion of …

A Robot Might Buy Your House

Team CHR Improvements

“Sell your home, skip the hard parts.” That was the headline on the one-page flyer that arrived in a friend’s mailbox the other day. You may have received one. It was from a company that offers to buy homes for cash directly from an owner. Quick close. Avoid the supposed hassle of putting it on the market. Companies like this are …

The Rear View Mirror and the Windshield

Team CHR Buying, Market Trends, Selling

Do you have a road trip that you take repeatedly? Heading over to Sturgis on the Harley? Trundling off to Lake Powell? If so, you are familiar with the waypoints. That place you stop for a milkshake. A noteworthy view from a mountain pass. The historical marker where someone famous did something noteworthy at some time in the distant past. The …

Buying and Selling in Uncertain Times

Team CHR Buying, Selling

It is 1979. Oil prices are skyrocketing as the American hostage crisis in Iran begins and the Middle East is plunged into more turmoil. Brenda Spencer opens fire at a school, killing 2 and wounding 8. When asked why, she stated, “I don’t like Mondays.” McDonald’s introduces the Happy Meal. Los Angeles passes an ordinance to protect the civil rights …

Save Money with Energy Efficiency

Team CHR Buying, Selling

Good news on the energy efficiency front related to residential real estate: homes have become much more energy efficient!  In 1978, all residential properties consumed 10.58 quadrillion Btu. In 2005, the number stood at 10.55 quadrillion Btu. That may not seem like any progress at all until you realize that during that time frame: The average square footage of a house increased 32%. Only …

Understanding Market Shifts

Team CHR Buying, Market Trends, Selling

We’re seeing lots of news recently about a shift in the metro Denver residential real estate market. It’s true! The market IS shifting. However, the portrayal of this shift as reported in the popular media and even by many industry sources contains only a drop of truth in an ocean of misinformation. LET’S UNRAVEL TRUTH FROM FICTION. Most of the …

Weim & Cheese 2018

Team CHR Life at CHR

Annual Weim and Cheese event Saturday, October 6, 2018, from 5:00-9:00 pm. We are standing behind a Weimaraners rescue benefit event to raise monies to continue to support the efforts of the Mile High Weimaraner Rescue organization. The Mile High Weimaraner Rescue group, with the support of donations and the community, works to take in abandoned dogs, provide necessary veterinary …

GOBLIN GIVE-OUT

Team CHR Life at CHR

Join Colorado Home Realty at this years Goblin Give Out! Wear your Halloween costumes and trick-or-treat at participating merchants throughout Downtown Littleton! OCTOBER 28th 12:00 PM – 4:00 PM Downtown Littleton Sponsored by: The Historic Downtown Littleton Merchants Association