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September 2019
Inside This Issue…
7 Deadly Mistakes…Page 2
Home De-cluttering…Page 3
Answer This Trivia Question and You Could Win Starbucks gift card...Page 4
What Important Factors Should I Consider When Selling a Home?
…Page 4
Sam Wilson's...
Denver Area
Real Estate News!
"Insider Tips For Healthy, Wealthy & Happy Living..."
Headline:
Finally! It’s cooling off in Denver. And so is the residential real estate market. The most balanced market I’ve seen in years! This is great news for buyers and still good for sellers. In my opinion, a necessary change in our market.
The Facts:
Source; see the full detailed DMAR Market Trends Report at https://bit.ly/2kyqxJ5
- Number of homes for sale (Inventory) is 9350 which represents an increase of 14% vs August 2018.
- Days on Market is up to 30 days; +30% from July 2018 and +13% vs last month!
- Unit sales are down 8% vs. August of 2018, and down 11% from last month!
- Both average and median price slowed to a rate of only +4% vs last year, and July prices were down 1% vs last month!
Opportunity and Optimism for Sellers:
It’s still a seller’s market, but there is more price reduction, more inventory taking longer to sell in August. All in the face of lower interest rates! Buyers have more choices and will be more pragmatic about the house they buy. My advice:
- Preparation – Prepare your home like it’s entering a beauty contest!
- Pricing – Price realistically and ahead of the trends. You must have an agent to negotiate aggressively on your behalf. Contracts, Inspections, and especially appraisal negotiations.
- Marketing – leading edge marketing is critical right now to garner attention to your listing above the competition, create demand and attract more buyers.
Opportunity and Optimism for Buyers:
There’s clearly a trend favoring buyers! More homes, on the market, price reductions AND lower interest rates! Perhaps the perfect time to buy. My advice:
- Start now while inventory is up, and mortgage rates are still low and declining.
- Hire an agent who’s experienced in buyer’s markets to negotiate price and terms in a more balanced and fairer environment.
- There are fewer bidding wars as you increase in price ranges and buyers should not have to accept properties in “as-is” condition.
- Trading-up or downsizing has become much easier to negotiate contingent offers, thus reducing the stress of finding your next home.
My Conclusion:
It’s still a Sellers’ market but becoming more attractive and balanced for buyers. Higher inventory and slowing sales will continue to result in price reductions for sellers and increased buying power for buyers.
https://www.samwilsongroup.com/
Learn How To Maximize The Value Of Your Home...
Did you know there’s a free consumer report showing what to fix to net the most value for your home? It’s called “Make Your Home Show Like A Model Without Breaking The Bank” and it’s an essential guide to homeowner profits. You can get a free copy by calling me at…
303-526-2606
Word of the Month…
Studies have shown your income and wealth are directly related to the size and depth of your vocabulary. Here is this month’s word, so you can impress your friends (and maybe even fatten your wallet!)…
Symposiarch (sim-poh-zee-ahrk) noun
Meaning: From the Greek word, symposiarchos, meaning the leader of a symposium. Also, the word can be used to describe a toast master.
Sample Sentence: During a debate, a symposiarch was elected to preside over the event.
Natural Remedies for Bug Bites
Are you out of bite gel, but have some essential oils on hand? Both lavender and basil essential oils will ease the sting and quell the itch.
Apply a couple of drops of either oil to the bite and repeat as necessary.
Witch hazel, an astringent, is also another good remedy for bites. You can find it at your local drugstore (it’s a great soothing toner for skin too!)
Quotes To Live By…
“The fellow who thinks he knows it all is especially annoying to those of us who do.” –Harold Coffin, humorist
“Change your thoughts and you change your world.” –Norman Vincent Peale
“Who says nothing is impossible? Some people do it every day!” –Unknown
7 Deadly Mistakes
That Will Cost You Thousands
When You Sell Your Denver Area Home
A new report has just been released which reveals 7 costly mistakes that most homeowners make when selling their home, and a 9 Step System that can help you sell your home fast and for the most amount of money.
This industry report shows clearly how the traditional ways of selling homes have become increasingly less and less effective in today's market. The fact of the matter is that fully three quarters of homesellers don't get what they want for their homes and become disillusioned and - worse - financially disadvantaged when they put their homes on the market.
As this report uncovers, most homesellers make 7 deadly mistakes that cost them literally thousands of dollars. The good news is that each and every one of these mistakes is entirely preventable. In answer to this issue, industry insiders have prepared a free special report entitled "The 9 Step System to Get Your Home Sold Fast and For Top Dollar".
To hear a brief recorded message about how to order your FREE copy of this report call toll-free 1- 844-913-7504 and enter 6000. You can call any time, 24 hours a day, 7 days a week. Get your free special report NOW to find out how you can get the most money for your home.
https://www.samwilsongroup.com/
Please Welcome New Clients And Good Friends Into
Our Real Estate Family…
I’d like to take a moment to personally introduce and welcome a few of my newest clients and good friends who have supported my business over the years. And special thanks to everyone who thought of me with your referrals!
Corey and Jenni Vezina
Brain Teaser
I left my campsite and hiked south for 3 miles. Then I turned east and hiked for 3 miles. I then turned north and hiked for 3 miles; at which time I came upon a bear inside my tent eating my food! What color was the bear?
(See page 4 for the answer.)
Real Estate Question?
Maybe you want to know how much your home is worth. Or maybe you just need a recommendation for a handyman, carpet cleaner or plumber…
Either way, I love hearing from all of my good friends and clients. And I’m happy to help answer questions you might have about anything relating to real estate or home-ownership.
If you have a question, tip or idea, call me at 303-526-2606. I'm here to help!
How to Pick Tradespeople
Need work on your property by a professional plumber, electrician, arborist, or gutter person? Here are some tips to guide you:
- Always get three quotes.
- Ask for their business card and check if they are licensed and bonded by the city.
- Read Google reviews.
- Ask for recommendations on the Nextdoor app at: nextdoor.com
Free Stock Photo Websites
Need a stock photo for a website or social media post but don’t want to pay a subscription? These sites offer free photos with zero cost.
www.unsplash.com – Free, modern, and bold photos to download.
www.pexels.com – Free, more widely-used photos. Also free for download.
www.canva.com – You can design images, which they size for social media, and use their bank of free photos.
Home De-cluttering, Part 2
De-cluttering is in! Last month we talked about preparing to de-clutter. This month we spring into action with a list of things to purge in the bedroom.
How to begin:
- Set aside time to de-clutter: an hour is plenty of time to start.
- Start by making your bed.
- Next, focus on an area of your bedroom that attracts the most clutter:
- Put any clothes in the laundry, dresser, or closet.
- Take books back to the bookshelf.
- Throw away, recycle, or donate items that haven’t been used for a while and are just sitting there collecting dust.
- Then tackle your dresser(s). Review what items of clothing you haven’t worn for over six months. Just like the other unused items, donate or throw away what you no longer use.
- Consider re-organizing the drawers: instead of folding clothes on top of each other, roll them and insert them into the drawer vertically so that you can easily find what you’re looking for — this also allows you to fit more in the drawer.
- Next, focus on your closet:
- Donate anything you haven’t worn for a while.
- Place the same items of clothing together, or color-coordinate.
- Throw laundry into the hamper.
- Place items like socks and underwear in the dresser.
- Then de-clutter nightstands by removing anything that is dusty or takes up too much space. Discard anything broken.
- Lastly, clean. Wipe down surfaces, clean the floors, vacuum the mattress, and change the bedding.
Stay tuned for part three: Next month we’ll focus on the kitchen!
https://www.samwilsongroup.com/
FREE Consumer Help is Just a Phone Call Away...
Learn valuable secrets for saving thousands and avoiding costly mistakes when buying, selling or refinancing a home. Best of all, it’s FREE. Ask about my “Insider’s Free Resources” by calling me at: 303-526-2606
DID YOU KNOW…
Unlike most real estate agents, I DON’T spend my time pestering people with phone calls or bothersome interruptions to find good clients. Instead, I dedicate 110% of my time and energies to providing such outstanding service, people naturally think of me when a friend or family member needs help buying or selling a home. THANKS for your referrals!
Thanks For Thinking of Me!
Did you know I can help you or any of your friends or family save time and money when buying or selling a home? Thanks for keeping me in mind with your referrals…and spreading the word about my services.
Brain Teaser Answer:
Answer: White. The only place you can hike 3 miles south, then east for 3 miles, then north for 3 miles and end up back at your starting point is the North Pole. Polar bears are the only bears that live at the North Pole, and they are white.
Looking for your next
Investment Opportunity?
Checkout this great new listing in Idaho Springs
Under $290,000!
THANK YOU for reading my
Service For Life!® personal newsletter. I wanted to produce a newsletter that has great content and is fun and valuable to you. Your constructive feedback is always welcome.
AND…whether you’re thinking of buying, selling or financing real estate, or just want to stop by and say “Hi,” I’d love to hear from you…
Sam Wilson
Sam Wilson Home Selling Team brokered by eXp Realty
303-526-2606
Disclaimer: The information contained in this letter is intended for informational purposes. It should not substitute as legal, accounting, investment, medical or other professional services advice. Always seek a competent professional for answers to your specific questions. This letter is not intended to solicit real estate properties currently for sale.
Q. What important factors should I consider when selling a home?
A. Finding the right price point is the first consideration. You don’t want to price your home too high or too low. The balance of the home should be paid with the money from the sale and you’ll want to make a profit to help with your next home purchase. Here are a few other factors to think about.
-Make sure you are ready. You should be able to afford to get your
house sale-ready as well as to make the move to a new home. The time of year can also make a difference in how quickly you can sell – spring and summer are usually better times to put your home on the market.
-Consider the condition of the home. You may need to make upgrades or
repair cosmetic defects. Remember, many homebuyers may not be able to get past the look of your home if there are major issues. If your home is outdated, bringing in fresh appliances, new paint, and making exterior repairs can improve first impressions and increase the value of your home.
-Having great exposure is necessary for selling your home. The right
homebuyers must know about your property. Those buyers will want what your home has to offer and be able to afford the price. Your realtor will employ professional marketing tactics such as open houses, signage, MLS listings, and website exposure to ensure the perfect buyers see your home.
For definitions of these terms and more financing tips, ask for my Free Consumer Report called “7 Costly Mistakes When Selling Your Home.” I'll send you a copy! Do you have a question related to real estate or home ownership? Please call me at 303-526-2606. Perhaps I’ll feature your question in my next issue!
https://www.samwilsongroup.com/
Starbucks gift card?”
Guess who won last month’s Trivia Question? I’m pleased to announce the lucky winner of last month’s quiz. And the winner is…drum roll please: Valerie Schwait was the first person to correctly answer my quiz question.
The oldest ice skates found so far date back to 2000 BC.
In what country were they found?
a) Canada b) Sweden c) Russia d) Finland.
The answer is d) Finland. They were made from sharpened shinbones or jawbones of cattle. So let’s move on to this month’s trivia question.
Which of these facts about pearls in NOT correct?
a) Only male oysters create pearls. b) Most pearls commercially produced are freshwater. c) The shells and meat
of pearl oysters are also used.
d) La Peregrina is one of the most famous pearls in the world.
Call Me At 303-526-2606 OR Email Me At [email protected]
And You Could Be One Of My Next Winners!