Is your Home Buying Search going to the Dogs?

By
Real Estate Agent with United Country Ponderosa Realty, Red Feather Lakes, Colorado

I read a recent article in the Fort Collins Coloradoan about the demolition of the Cloverleaf Kennel Club, and although the building has been empty for about 4 years now, the news brought a wave of nostalgia for “going to the dogs” on warm spring nights in Loveland, Colorado.

We enjoyed going to the races at the Cloverleaf Kennel Club, many years ago.  The greyhounds were swift and beautiful, the crowd provided for good people watching and in those years Trifecta Mary was a sure bet; she set the track record 3 times in one season and had 52 career wins.

 

Handicappers could make an educated guess about which dog might win, but going to the races was a rare event for me.  Unless Trifecta Mary was running, I had no idea who might win.  

Still,I'd study the program, which dog got boxed to the wire?, ran inside or outside?, gained or lost weight? moved up or down in class? I tried to make sense out of it!

 

(Ah, the good ole’ days at the dog track when life was good, computers were only at the office and interest rates were above 10 percent)

 

…. FLASH FORWARD TO  TODAY, 2011:

 

The buyer told me he knew the house was way overpriced because he could see the “Internet Evaluation” online, and I cringed.  Internet values are data/computations by computers, sometimes without regard to condition, actual location (views), acreage or updated features.   Some values are too high, others are too low and there is a huge margin for error.

Here’s a Buyer, trying to figure out which house is the “best bet” on a Site that is comparing the house on 35 acres - to the house on the hill with a view-  to the house sitting on an acre with dead trees…

At least the statistics on the racing program were accurate and compared greyhounds to greyhounds - no gazelles or turtles were thrown into the mix!...and, even with all the racing statistics in front of me, how would I know which dog was a good bet?   I didn’t know anything about racing. Often I just picked a number, or my husband’s birthday, or a dog because I liked its name.

 

It’s no wonder that buyers (and sellers) get confused and overwhelmed with all the online real estate statistics.  It can be paralyzing- paralysis of analysis- and they certainly can’t just pick a house because they like the name of the street!  

Buying a home is a substantial investment -we’re not talking about a meager $6.00 wager, here.

So, if your home buying search has gone to the dogs, stop trying to pick the “winner” on line.

Work with a local Realtor in that market area, that’s your best bet.   

 

Trust a real human being who can show you the real numbers – not a computer!

~~~~~~

 

More:

Consider Adopting a Retired Greyhound, they make excellent pets and many are in need of good homes.

When you’re looking for a Livermore or Red Feather Lakes, Colorado real estate agent, please call me.

Another article about online evaluations:

http://www.realestatecoloradostyle.com/why-real-estate-is-local

Another article on this subject:

http://activerain.com/blogsview/2448885/what-is-my-home-worth-online-property-value-calculator-or-human-eyeballs-brain-

Photo: by AngMoKio/wikimedia  used with permission

***************************************************************************************

Mary Douglas, your Mountain Broker-Associate and REALTOR®

United Country Ponderosa Realty, Red Feather Lakes, CO

www.marydouglas-redfeatherlakes.net

800-531-2195

“A Day in the Mountains will always soothe your city soul”

I specialize in the Red Feather Lakes area, Crystal Lakes and Glacier View Meadows Subdivisions, if you are interested in buying or selling your mountain home, please give me a call, I’m here to help you.

The information contained in Mary’s blog is deemed reliable but is not guaranteed and the opinions and views expressed in these articles are solely those of the author.

Posted by

Website: www.marydouglas-redfeatherlakes.net

 

 Dear Readers, who are not members of Active Rain. If this post does not accept outside comments, it is only to avoid unwanted spam -

Please feel free to email me any time, I appreciate hearing from you!

 

Would you like to know more about the Livermore/Red Feather Lakes area?  Want more exposure for your home or property?  More exposure for your business or event? Let me know, I'm always looking for blog topics and I love to showcase my listings on Active Rain!

 

Browse through all the Colorado listings or focus in on some wonderful mountain properties in Livermore or Red Feather Lakes!  

 

I'd appreciate the opportunity to work with you - Don't forget to ask for Mary!

                                

Donate to the American Red Cross to help those in need. The Red Cross helped so many in Colorado that were affected by wildfires and floods.

    

Comments (18)

Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

Mary..that is sad..my wife and I went there in the early 80's when we lived in Loveland!!

Aug 22, 2011 06:34 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Pat, the end of an era, it is sad --- we might have been there at the same time!

Aug 22, 2011 06:52 AM
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

"but Zillow said"... haha... good analogy, Mary.  It's a waste of time to figure it out online; best to work with a local agent, as you said.

Aug 22, 2011 07:34 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Mary - I get this all the time - Zillow shows this.........  While it may be a "reference", true statistics can only be gotten from an experienced agent who knows how to pull truly similar comps.  I just checked the other day and my home, which is 4700 SF is priced below the home next door to mine which is only 3500 SF, is on a smaller lot, is older, and lacks a pool.  How's that for accuracy?  LOL. 

Aug 22, 2011 07:52 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Love the analogy, Mary.  Sometimes that would seem to be the way buyers pick what to bet on a particular home.  I could never read the racing form at the horse track and would pick like you.  That's why buyers need an experienced realtor who knows how to read to form to guide them in the right direction.  Like you in Red Feather Lakes.

Aug 22, 2011 08:56 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon Mary,

Well I suggested this post..excellent analogy!! You are definitetly the one to call in Red Feather Lakes! Jane is right you will be able to guide them in the right direction.

Aug 22, 2011 09:26 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Mary, everyone wants to be a junior REALTOR with all the online information, and while it is a start, they should consult YOU for the RIGHT information.

Aug 22, 2011 09:52 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Thanks Shirley, when I saw what he was looking at, it made no sense at all!

 

Hi Juli, that's not very accurate !  and someone not familiar with the true facts would believe what they saw. It's truly a disservice. At least you could find your house, I tried mine and they said I didn't exist.  LOL Thanks for your thoughts on it!

 

Hi Jane, Thank you!  I guess some folks know racing and some folks know real estate.  We know real estate!:-)

 

Thank you Dorie, I've been meaning to get over to your blog, so it's nice to  see you today!

 

Hi Gary, HAHA I like your term junior REALTOR !  Well, if it's right there, online, it must be right. right?  Thanks Gary!

 

 

Aug 22, 2011 11:21 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Mary

Buyer's and seller's needs are best served by working with a real estate professional.

Good luck and success.

Lou Ludwig

Aug 22, 2011 01:11 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Mary-It is called information overload and often times a lot of info isn't accurate. Love the way you think. Have a great evening.

Aug 22, 2011 02:02 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Mary you made me laugh, good old days when the computer was at the office and interest rate was 10 percent:)

On a serious note technology is a two edge sword, too much information leads to indecisiveness.   More than ever buyer's need a good agent in their corner.

Aug 22, 2011 02:04 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, with the accessibility of the Internet to buyers & sellers, it empowers them, but they still need US to interpret that information!     Great post!

Aug 23, 2011 02:54 AM
Gerry Khatchikian
Red Lodge, MT
ASA, TRC, SFR

Mary,

I agree with Gary.  Who needs a computer in Red Feather Lakes and the surrounding areas when there is a devoted, friendly, passionate, caring and knowledgeable REALTOR® named Mary Douglas!  Great post!  :)   

Aug 23, 2011 03:25 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Lou, Thank you, I  couldn't agree more!

 

Hi Sharon,  You're right, I think this information overload is paralyzing for some who try to decipher that info alone. Thanks Sharon, I hope you have a great day today.

 

Ha! Jennifer, Thank you,  I'm glad you liked "the good old days" sentence, it is funny and true in so many ways - and you are exactly right about being indecisive; they need help!

 

Hi Joan, and when we get the chance to interpret that information for them then they have the tools to make a good decision!  Thank you, I'm glad you stopped by!

 

Hi Gerry, Thank you, that's very nice of you to say!  and why would any buyer anywhere not seek out a professional REALTOR to help sort it all  out?!

Aug 24, 2011 03:35 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Mary, I think all of the information out there can make it quite confusing to buyers, as well as seller's today.  Sites vary, the information compiled varies.  Everyone is an expert today... and it's hard to make head or tails out of anything out there today.

Aug 24, 2011 09:32 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Sandy, I agree with you, it's difficult to make heads or tails out of all this information and many of those "experts" end up making no decision at all- I think that's the sad part of it. 

Aug 27, 2011 04:10 AM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Mary, this is why I HATE Zillow....sometimes they don't even show the property right on the map....really?  Then how do you get accurate comps?  Annoying, but easily explainable to most people.  Don't rely on the Internet numb-nuts....get a good local agent who KNOWS the market.

Sep 27, 2011 11:29 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

HAHA Suzanne, I like your style, you just say it like it is and I appreciate that.   Computers, databases, algorithms - really cannot replace a live, breathing LOCAL real estate professional :-)

Sep 28, 2011 04:19 AM

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