Thursday, December 31, 2020

Your Questions Answered: Best Home Buying Tips for First-Timers

Buying your first home is a big freaking deal. How do you know which loan is right for you? How do you swing the down payment? How do you ensure your offer isn’t too low or too high? What don’t you know that you don’t know? Ack!

Breathe, friend. The process doesn’t have to be painful.

To prep you for the journey, HouseLogic hosted a Q&A series on Facebook. Here are the top-10 Q&As from the first event, which was hosted by Meg White, the former managing editor of REALTOR® Magazine -- and a homeowner, herself.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Friday, December 25, 2020

Happy Holidays!

My real estate office bought each agent a gratitude journal for Christmas. I know intentionally recounting your blessings is not a new idea anymore, but bears repeating. 2020 was difficult in a lot of ways, and it's easy to become sad, angry and bitter. And I'm not going to presume to tell you that we have so much going for us, because I don't know how your life is currently unfurling. I do know that the current climate is more divisive than I recall in my lifetime. I know that the gap between the have and have-nots is growing and that a lot of people have lost someone they love this year. I also know that, perhaps despite first appearances, tragedy and emergencies bring out the best in people more often than their worst. The first thing I'm going to write in my journal is that I'm grateful for people. My wonderful, messed up, loving, confused, beautiful, confounding, trying their best community.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Wednesday, December 16, 2020

Put on Your Giraffe Ears

Dr. Marshall Rosenberg, founder of the Center for Nonviolent Communication, used a giraffe metaphor to describe NVC because giraffes have the largest heart and can see the whole landscape. The idea is that when we hear something that triggers us emotionally - maybe we're offended or afraid - we should make an effort to tune into what others feel rather than judge or get defensive.

Easier said than done, I know, especially in the current climate. I've found it comes in quite handy in real estate, and of course, in my personal life, as well. If you can for a moment, trust just enough that the other person is only trying to do what you are doing - get their needs met - and you are better able to really hear what they are saying than hear an attack. If you can refrain from forming your next argument in your head, or allowing your emotions to make you believe someone is trying to hurt you, you have a far better chance at resolving whatever issue is in front of you.

When I was growing up, my father expressed himself often and loudly. There wasn't room in the household for opinions or emotions other than his. I didn't realize it until my mid-30s, but I took from that a strong desire to not be, as I put it, "steamrolled" by another person. Whenever a person in my life expressed a need or dissatisfaction with my behavior, I would spike emotionally and attack in self defense. I couldn't see that the other person had unmet needs, and my reaction was often not in proportion to what was happening. It wasn't until my husband pointed out what I was doing that I examined the behavior and learned how to control it.

Guess what? Things worked out so much better! When I reminded myself that the other person wasn't trying to hurt me or make me feel stupid and allowed myself to more vulnerable, I was able to hear what was actually being said, even ask follow-up questions. I could help this person get what they needed without having to sacrifice myself.

As you can imagine, this skill comes in very handy in real estate negotiations. Clients and agents speaking for their clients are trying to get their needs met. They aren't accusing me of wrong doing or trying to screw my clients, so I don't need to counter-attack. The other trick to listening well is to try to hear the need - not the strategy. People often decide that they need something in their life without completely understand their motivations. The motivations are important, because there are often multiple ways to meet the need that have yet to be identified. Often what looks like opposing needs at first is often opposing strategies, and a little brain storming can result in a new approach that meets the needs of both sides.

I bring this up now as I am hopeful this new year can bring some healing and lightening of spirit. Next time you are feeling threatened emotionally, try taking a breath and calmly asking a question of the person talking. You'll likely be surprised at how they will open up when they realize they don't have to defend themselves against you, and you'll come to a solution faster than you think.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Saturday, December 12, 2020

Shopping for a Mortgage? Avoid These Mistakes

When buying a home, the mortgage process can be stressful. Don't fall for one of these missteps to ensure you get the best rates and terms. Also, contact me, I'm an Accredited Buyer's Representative and can help guide you through the process!


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Tuesday, December 8, 2020

Colorado Gives Day

Sometimes life gets away from us, and we are so busy tending to our lives and loved ones that we forget those who might be struggling. I believe in giving back to the community that allows me to have a career in real estate through volunteering and giving charitably. During the year I do have occasions to donate to programs like Crayons to Calculators and Meals on Wheels, but I know that many non-profits rely on events like Colorado Gives Day to refill their coffers. This year, I tried to find a variety of causes in several areas within which I've worked:

Boulder Emergency Squad - A volunteer technical search and rescue team serving the people of Boulder County.  BES is dedicated to the preservation of life and property. BES is the primary dive rescue agency for Boulder County and works closely with the Sheriff's department, EMS, and fire-rescue agencies providing mutual-aid support for a variety of technical rescue incidents and emergency situations.

Broomfield FISH - The mission of Broomfield FISH is to meet our neighbor's basic human needs and provide them with hope and tools to rise out of poverty. FISH provides food, emergency financial assistance, and one-on-one mentoring support to Broomfield residents in need.

Community Reach Center - Through the passion and training of our employees, unwavering commitment to evidence-based practices, advanced technology, collaboration with community partners and provision of services in locations that are most convenient to access, we will provide the quality of mental and physical health services that enhances the lives of our clients and the well-being of our communities.

Habitat for Humanity - Partners with people in your community, and all over the world, to help them build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage and achieve the strength, stability and independence they need to build a better life for themselves and for their families.

Foothills Animal Shelter - Dedicated to providing support to Jefferson County through education, services that strengthen the human-pet bond, and human care for the animals we serve. Our values include a commitment to stewardship, positive culture, an innovative and inclusive environment, and relationship building.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Saturday, November 28, 2020

Appliance Lifespans and Cost to Replace

Appliance lifespans can be a key factor in helping you budget for the house you've got your eye on - or the one you already have. Access this worksheet to figure out how much that house can cost you in the next decade.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com


Monday, November 16, 2020

Common Mistakes For Sale By Owner Listings Make

This year I helped a former For Sale By Owner couple buy a house in Louisville. Last year, I helped my buyer clients buy their house in Erie. When they called to hire me, they said they appreciated my professionalism and recognized they needed an expert to assist them in a competitive seller's market. I was happy and grateful to help, and also wondered what we could've done together if I had been able to market their previous home.

Sometimes in a hot market, sellers figure they don't need a Listing Agent. Especially with the internet offering owners a way to list their property online themselves, sellers don't always recognize the value that a REALTOR brings to a transaction. I admit, I used to wonder about that myself. When I moved from Illinois a couple of decades ago, we sold our house ourselves and I'm embarrassed to say that we conducted it poorly and left money on the table. Now I know better. 

What are some pitfalls of selling by owner? 

  • PRICING. First and foremost, it's pricing the home correctly. Owners are often looking at public real estate sites that are estimating their home value using Automated Valuation Models (AVMs). These AVMs can't take into account all of the features and finishes inside your home, or what the hyper-local market is dictating. Sometimes they are relying on erroneous data uploaded by homeowners using the systems, throwing off the algorithm for an entire neighborhood. In addition, sellers will often pick a price based on what they've spent on upgrading the home. While this is understandable, it's easy to overestimate the return those investments will make. I spend several hours using multiple tools and resources to accurately price a home, because overpricing can cost a seller time and money.

  • NEGOTIATION. Another reason FSBOs don't typically get the sellers the results they want is the lack if negotiation experience. Understanding the dynamics of a negotiation with different types of communication styles takes practice. Knowing how far you can push an issue under what circumstances is the difference between getting to the closing table and having to start over again. Having been through the home selling process hundreds of times, I have a good feeling for what situations are common and what tactics will work.
  • PROPERTY ACCESS. Whether the sellers are working from home or away at the office, buyers may have decreased access to the property when they need it. If the seller is home, buyers can sometimes feel pressure to move quickly or not speak freely, when what you really want is for the buyer to get comfortable and picture themselves in the space. If the seller is not home, they may not have a way to check the credentials of those requesting access or keep the home secure during the showing period. And if a buyer can't see the home in a timely fashion, they will move on to other homes they can see.
  • MARKETING. Putting a sign in the yard and a listing on a public real estate site may not be enough. I spend a lot of time with my sellers discussing how to prepare their home for sale, taking an initial tour to discover any weaknesses that could affect buyer perception and desirability. We discuss ways to remedy or mitigate these features. I also bring in a stager who will advise on creating an appealing environment and prepare the listing for photographs. In these times, the services of a professional photographer are more important than ever. Virtual interactive tours are instrumental in getting lots of eyes on the listing while keeping everyone as safe as possible. Also keep in mind that, while a lot of people use the internet to begin their search not everyone is technically savvy, which could cause a seller to miss an entire segment of the population.
  • RESOURCES. Most homeowners don't know how to secure a title commitment, or even what it's for. They usually don't have experience in evaluating a buyer's ability to close. They may not understand the loan approval process or what they are legally bound to disclose about their property. Not only can this cause delays, but in a worst case scenario it could cost them a lot of money in a lawsuit later on down the line, much more than they saved on a listing fee.
  • EXPECTATIONS. A homeowner may be aware that the market is "hot" and that their neighbor got multiple offers and expect the same for themselves. They often aren't able to evaluate why and therefore make an objective assessment of what they can expect for themselves. They may not know what is normal for a transaction and make hasty decisions. Sometimes it can be hard to keep emotions from getting in the way of a successful outcome; I've seen clients want to cut off their nose to spite their face many times and had to work through the situation and remind them of their goals. 
Everyone wants a good deal, but price is not the only consideration of value. Statistics show that sellers who engage the services of a REALTOR usually net more money than if they sell alone. Just like any other professional, Listing Agents bring years of expertise and resources to the deal that save time, money and potential legal struggles. If you're still on the fence, contact me and I'll be happy to discuss your particular real estate needs.


I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or robbin@elevatedrealestate.com