New Colorado real estate contracts as of August 2024 In Colorado, real estate brokers are not licensed to practice law or provide legal advice. However, licensed brokers regularly draft contracts for buying and selling homes as part of their daily work. Colorado brokers are permitted to offer more extensive services to their clients than in […]
Realtor for Life: Increase the velocity of your wealth with an Accessory Dwelling Unit (ADU)
An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. Regulations for ADUs differ nationwide. In Boulder, ADUs can be either attached to or separate from a […]
Smile! You’re on (Candid) camera
The ease of setting up recording systems in homes brings about challenges in the real estate marketing process, highlighting the seller’s right to property protection Spring Has Sprung in the 2024 Real Estate Selling Season The real estate selling season is in full swing. Typically, the greatest number of home showings take place from the […]
Spring Has Sprung in the 2024 Real Estate Selling Season
The real estate selling season is in full swing. Typically, the greatest number of home showings take place from the start of Daylight Savings Time through July, making right now PRIME TIME! Home closings tend to peak in July, after the greatest number of showings have occurred. If you remember the classic “Candid Camera” TV […]
Evolution of broker agency and commissions in a real estate transaction, Part 2
Like a listing contyract, where the Seller employs the REALTOR, the Buyer Agency contract creates an agreement where the Buyer employs the REALTOR to represent. In Part 1 of this two-part series, I discussed the history and evolution of seller agencies, buyer agencies and commissions in real estate. The Division of Real Estate in […]
Evolution of broker agency and commissions in a real estate transaction, Part 1
In 1994, Colorado created new working relationships for the public in working with real estate brokers. In the beginning – before 1994, that is! – life was relatively simple for real estate buyers and sellers concerning their relationships with their real estate brokers. There simply was a Seller Agency. Every broker relationship was a Seller […]
Variations of 1031 Real Estate Exchanges
If you own investment real estate and aim to advance your position on the investment ladder, a 1031 Exchange could be an ideal strategy. When people hear the term “1031 Exchange,” they often perceive it as challenging due to the assumption that finding a direct exchange partner might be difficult. However, Section 1031 of the […]
Using a vision study to increase the value of your property
The value of real estate is often determined by its potential. When a seller places a property on the market, they often have not done any research as to what the best use of the property might be. Knowing exactly what can be done with a property in the future will often bring added value to […]
How to protect the structural integrity of your home’s foundation
The foundation walls of modern homes are designed by an engineer based on the soils report on the site the home is being built upon. A home is often the biggest single expense an individual or family will make during their lifetime so to maintain it well and keep it in good condition is critical. […]
If you’re buying or selling a home, consider working with a Certified Residential Specialist (CRS)
To earn a real estate license in Colorado, an applicant must complete a total of 168 hours of coursework covering real estate law and practice, Colorado contracts, trust accounts, legal issues, closings, and practical applications. Colorado has much more stringent educational requirements than other states. Therefore, after agents are licensed and can practice real estate, […]