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Here's a tip for Denver real estate that just worked very well for my wife an myself (who are closing on a house this week): Do not use a buyer's agent (get rea
by nicholasjarnold 11y ago
Here's a tip for Denver real estate that just worked very well for my wife an myself (who are closing on a house this week): Do not use a buyer's agent (get real estate attorney to help you instead), and make your offer 2.5% lower than the asking price. When making the offer just say that since there is no buyer's agent commission to pay out from the funds at closing you are choosing to offer less. Don't worry if the listing agent gets mad at you for doing this since many of them also represent buyers. Use Redfin to get very up-to-date MLS data. Find something close to downtown in Denver proper. Do not believe the FUD about competing bids and way over asking price bids, as those stories are mostly crap perpetuated by agents who seek to gain from twitchy buyers making bad decisions. Good luck people.
- bkjelden 11y agoRedfin offers partial buyer's commission refunds, as well. That way you still have a realtor to help you some if you're new to the area. Redfin's realtors are generally pretty tech savvy as well - prefer email to phone, responsive to email, etc.
- planteen 11y agoThanks for that. I'm in Denver also looking to buy in the best future. Do you have a recommendation for a real estate attorney? My email is my username @gmail.com if you don't want to say publically.
- nicholasjarnold 11y agoEmail sent. Good luck.