Metro Brokers Jim Leto discusses his real estate company

Kathy Soltero: Hi I am Kathy Soltero with Metro Brokers TV. Today in the studio with us is Jim Leto. Jim thank you so much for coming in.

Jim Leto: Well thank you for having me.

Kathy Soltero: Tell me a little bit about your real estate company, where it's out, how many people are in it, that sort of it.

Jim Leto: Well the Metro Brokers office [Inaudible] is at 550, South Wadsworth in Lakewood and I am with real estate professionals and there is only about five of us in the office right now so.

Kathy Soltero: Do you work primarily then in the Lakewood area or?

Jim Leto: I do a lot of Lakewood and a lot of Denver also because I have been living in South West Denver area.

Kathy Soltero: And how long have you been in this business?

Jim Leto: 20 years.

Kathy Soltero: Wow so you have seen a lot of different cycles?

Jim Leto: Yes I have.

Kathy Soltero: How would you say the market is going right now?

Jim Leto: I would probably call it a fairly amazing market; I mean it's a challenge that's for sure. So but I am feeling pretty good that it's starting to break loose. I am getting some good listings and some good activity on them and I think there is light at the end of the tunnel.

Kathy Soltero: Absolutely. What did you do prior to real estate, you said you have been in it for 20 years so...?

Jim Leto: Well I did a lot of different things. I owned the retail stores, some clothing stores and then I was a Mayor in my little town and a county legislator in [Inaudible] state New York did that and then had a midlife crisis and moved to Colorado and at 39 years old and actually had a store in Colorado and so has been for a while.

Kathy Soltero: So then you went into real estate and closed down the stores or?

Jim Leto: Well it's not quite as simple. Actually I was widowed and then went out to California in business and bunked in an old friend of mine and we ended up getting married so.

Kathy Soltero: Oh!

Jim Leto: about a year and a half or two years.

Kathy Soltero: So you are joint business partners?

Jim Leto: Yeah she was, she was already real state agent in California.

Kathy Soltero: Oh that's awesome. So do you specialize in any specific area I mean right now we have got so many short sales out there its almost like every ten that we pick up but we just pull up ten listings almost nine of them are short sales?

Jim Leto: I don't think in that I have one short sale listing right now and that quite a courageous to have a lot of them because it is so next to the tail ends there. I specialize in town house area that I happened to live in now and also an area that I used to live in both of those happened to be in South West Denver.

Kathy Soltero: All right well Jim thank you so very much for being with us on Metro Brokers TV.

Jim Leto: All my pleasure, thank you.

Kathy Soltero: And if you want any more information or you want to watch more real estate related videos, be sure to tune into metrobrokerstv.com.