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home selling: Tips For Buying In A Seller’s Market. By Dan Polimino. - 05/22/12 11:33 AM
If you have been reading my columns these past months, you would know I have been talking about the Denver real estate market converting to a seller’s market. In keeping with that theme, I wanted to pass along some tips to frustrated buyers who are getting outbid for the homes that they want. There are some things that any buyer can do to put themselves in better position to win the home. Here are a few ideas:
1) The majority of buyers look at homes on weekends. So it’s no surprise that listing agents get multiple offers on weekends. If … (1 comments)

home selling: D.I.S.C. By Dan Polimino. - 05/08/12 05:03 AM
Chances are, if you own a business or you were ever an employee, you may have been asked to take a personality assessment. As an owner of Keller Williams Realty DTC and a partner of The Colorado Dream House Team, we often have the new recruits take a D.I.S.C. (Dominance, Influence, Steadiness, Conscientiousness) assessment test. It‘s a quick personality test that will tell me a lot about how someone communicates. I also get to know their likes, dislikes, and how I might relate to him or her.
After a short series of questions, the test is scored and an individual … (4 comments)

home selling: Denver Second in U.S. for Quickest Sales - 04/20/12 02:50 AM
Buyers must act fast to get dream home. By Steve Raabe The Denver Post 
New advice from the trenches on buying a home: Look early. Think fast. Hone your quick-draw skills with the checkbook. 
Metro Denver’s real estate market, not long ago a buyer’s domain, suddenly has shifted to a seller’s paradise, at least in some neighborhoods and price ranges. 
Realtors’ offices are rife with fresh anecdotes of sellers happily cherry-picking from multiple offers - some of them above the asking price. 
How fast is the market moving? A new report shows that Denver is No. 2 … (2 comments)

home selling: This Greenwood Village property beckons with an invitation for relaxation! - 04/04/12 06:17 AM
http://coloradodreamhouse.com/featured/property.php?id=41 Come relax in this sunny and open 5 bedroom, 6 bath in the heart of Greenwood Village! From the grounds nestled in a quiet cul-de-sac to the architecture of the 8,804 square feet home, you will be greeted with an open invitation to relax with your friends and family. For the homeowner who enjoys seeing family and friends wearing contented smiles, this property has that quality by the armful. Call Dan Polimino at 303-522-1161 or Gary Lohrman at 303-829-5900 for a private showing.

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home selling: The Quiet Listing. By Dan Polimino. - 03/27/12 02:48 AM
If you have been around the real estate game for any period of time, you must have heard the term "quiet listing" or "pocket listing." This means that a Realtor has a client that would like to sell their home, but does not want to put it on the market. Here is how it works: 
A seller calls their agent and says, "If you know of anyone who might be looking in this neighborhood, could you tell them about our house?" The agent then usually asks a series of questions, not the least of which is, "Do you want to … (6 comments)

home selling: I Was My Mother’s Third Choice. By Dan Polimino. - 03/20/12 03:05 AM
Frequently, I get asked to list a home wherein I am the third Realtor that the seller has used in trying to sell their property.  In some cases, I have been interviewed for the job a year before or earlier and they selected someone else. In other situations, they have tried two other real estate professionals and for whatever reason were unable to move the home. The sellers have either read my newspaper column or were referred to me and there I am, interviewing as the third Realtor on the job. People ask me if I mind being the third choice … (1 comments)

home selling: Now is the time to list your home in Denver, CO! - 03/14/12 06:54 AM
http://www.coloradodreamhouse.com/index.php/news/ Dan Polimino explains what all the buzz is about regarding the shortage of real estate in the Denver, CO area. Dan is a columnist for the Denver Post and recently formed the Colorado Dream House team with Gary Lohrman. If you are interested in buying, selling or investing in real estate, contact us at team@coloradodreamhouse.com or 720-889-6491.

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home selling: We Are Blessed In Colorado. By Dan Polimino. - 03/13/12 06:07 AM
Being in the real estate business, I hear people grumbling all the time about the market. It comes from buyers, sellers, and agents. I often wonder if they really know how blessed we are in Colorado compared to other real estate markets across the country. 
I heard a story of man in Las Vegas that sold his BMW for $30,000. He then took that money and bought not only one, but TWO $15,000 condos. Each condo was a relatively new build, two-bed and one-bath. He rented each condo for over $900 a month and in his first year made almost … (1 comments)

home selling: Don’t Get Caught in the Impact Zone. By Dan Polimino. - 02/28/12 05:57 AM
Over the Holidays, I was vacationing in Hawaii and if you have ever been to Hawaii in the winter, you know that you can expect some great swells. The North Shore of Oahu is famous for their 20-foot swells in the winter. I was on the Big Island where the waves are much smaller and that was a good thing because I am far from being a pro when it comes to boogie boarding or surfing. Nonetheless, I wanted to teach my son and daughter to boogie board so we headed out to tackle the waves. While they did great, I, … (2 comments)

home selling: It’s Worth Repeating. By Dan Polimino. - 02/21/12 05:32 AM
As you know, I have sold luxury homes for some time now and I frequently get calls from frustrated sellers who are having a tough time selling their property. I understand their frustration; it’s not been easy for the Realtors either over the last three to four years. Most people start off the conversation with the same question, which is, “Why can’t we even get an offer on our home?” The answer is one that I have written about many times before, but I think it is worth repeating. People like to make the real estate business really complicated, but the … (1 comments)

home selling: Using a reverse mortgage for a divorce - 02/09/12 05:46 AM
An unfortunate trend that we are seeing is mature couples getting a divorce. Sometimes the remaining spouse takes out a new mortgage to payoff the departing spouse for their equity or agrees to make the monthly payments. The problem is that many mature people do not have the necessary income, etc. to obtain a new mortgage or the ability to live comfortably after they make the mortgage payment. When you consider selling in a down market, costs associated with selling and moving, etc, a Home Equity Conversion Mortgage (HECM) could be a good option.
 
A HECM is usually utilized as … (1 comments)

home selling: I made a major change to KW - 01/25/12 04:37 AM
http://www.coloradodreamhouse.com/index.php/news/ In this week’s market update for Denver, Colorado Realtor Dan Polimino talks about making a major change to start the New Year. To find out what Dan did and where he is going watch this week's real estate market update.

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home selling: Real Estate Etiquette 101. By Dan Polimino. - 01/24/12 07:26 AM
If you are going to buy real estate, sell real estate, invest or act as an agent, there really is some etiquette that goes along with the territory. I get emails and letters from buyers, agents and sellers all asking me to write about this topic. By no means am I an expert in the field of any etiquette, but some of what I am going to suggest here sounds like common sense. 
Buyers:
1) Even if you pull up to the house and you hate the neighborhood, please go in and see the house. I know a lot of … (6 comments)

home selling: $400,000 to $800,000 Can Be A Tough Sell. By Dan Polimino. - 01/17/12 02:16 AM
Last week, I broke down the various price ranges in real estate and what we might expect for the coming year. I mentioned that the 400-800K price range might be the toughest price range to sell for a variety of reasons. Let’s take a look at what we know about this demographic. 
The buyer for the 400-800K range is generally what we refer to as a ‘move up buyer.’ They are probably living in a 300-500K home and are looking for their next move up. The problem with this demographic is that they have been hit hard by the economy. Many … (4 comments)

home selling: Happy Real Estate New Year 2012. By Dan Polimino. - 01/03/12 05:37 AM
Ok, it’s that time of year again to rub my crystal ball and foretell the coming year in real estate. I should disclose that I am not a professional crystal ball reader so take this interpretation for what it’s worth (totally free, unscientific guess). 
First, it’s important to note (like you don’t already know) that this is an election year and that means nothing will be normal. If we look back at past election years, we see people being very conservative, playing it close to the vest, not making any big decisions or purchases until they know whom their elected officials … (0 comments)

home selling: It’s Christmas Time in the City. By Dan Polimino. - 11/29/11 07:48 AM
What does Christmas Time mean for buyers and sellers in the Colorado real estate market? To be honest, it’s a mixed bag and here is what I mean.
Buyers: Expect to see less choice on the market. The metro area has been struggling with having enough supply of homes all year and at Christmas, inventory drops even further. Many sellers will take their home off the market in December because they don’t want to be bothered with showings when guests and relatives are visiting. The Holidays are busy enough and keeping your home in show ready condition to sell can make … (0 comments)

home selling: You Can Change Your Life With A Pen. By Dan Polimino. - 11/22/11 02:29 AM
It’s important to note that I cannot sell your home. That’s right. Even though I am a Realtor, I cannot sell your home. My name is not on the deed, I can’t sign the contract, and I can’t even decide on the terms or the price. That is your sole discretion as seller and owner. Once you are presented an offer, you can decide your future with one stroke of the pen.
You see, many people get confused on the role of a Realtor. Our job description includes helping you prepare your home for sale, help you price it properly, market … (3 comments)

home selling: Hard Money Lending. By Dan Polimino. - 11/15/11 08:49 AM
If you have been following this column all month, you would know that I have been writing about the fix and flip business as well the fix and rent business. If you would like to re-read any of those columns, you can do so at www.coloradodreamhouse.com/news. 
This week, I want to write about a sub business that has developed in the last few years to help the fix and flip guys buy property without all the lending hassle. It’s called “hard money lending” and it’s been around for years, but it just recently gained enormous popularity because of the new stringent … (0 comments)

home selling: Fix and Flips Are Hard To Come By. By Dan Polimino. - 11/01/11 04:52 AM
There once was a time when there were so many properties on the market that buying a fix and flip was a piece of cake. Just make an offer, even a low-ball offer, and chances are that you had a deal. It's a different story today. As you have been reading in this column and hearing on the news, housing inventory is low in Denver. It's really low when you are trying to buy a home to fix up between $100,000 and $200,000. Don't get me wrong, there are homes to buy in this price range, but remember that they need … (0 comments)

home selling: This Year's Summer Trends. By Dan Polimino. - 10/18/11 07:21 AM
There is no question that Denver enjoyed a good summer selling season. The combination of low inventory, good prices, low interest rates, and pent up buyer demand has most brokerage firms well ahead of last year’s numbers. Even the luxury market made good in roads at moving product and reducing inventory. 
If you look at the data from Metrolist this summer, you'll see that the sweet spot in the luxury market was 1 million to 1.5 million dollars. That is the bandwidth where the majority of sales occurred. When you get over 1.5 million dollars, you see fewer and fewer sales … (0 comments)