1919 S Pearl Seller Book

NEIGHBORHOOD REPORT

Denver, CO 80210

1919 S Pearl LLC| |
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P r e s e n t e d b y| | | | | | | | | | |

Trish Mitchell REALTOR®

Colorado Real Estate License: 053376

Mobile: ( 303) 250- 5824 Of f ic e: ( 303) 296- 2832|
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Mai n: t ri sh@remax urbanpropert i es. c om| | | | | | ||
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Of f i c e: www. remax urbanpropert i es. c om| | | | | | |
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RE/MAX Urban Properties

2801 We l t o n S t| |
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S u i t e 200| | | | | |

De n v e r,| | | | | CO| | | |80205

Copyright 2021 Realtors PropertyResource® LLC. All Rights Reserved. 3/15/2021
Information is not guaranteed. Equal Housing Opportunity.

Denver, CO 80210

Neighborhood: Housing Stats and Charts

Median Estimated Home Value 80210 Denv er Denver County Colorado USA
Estimated Home Value 12-Month Change $704K $460K $476K $437K $259K
Median List Price +8.5% +8.1% +7.7% +9.6% +6.7%
List Price 1-Month Change $795K $499K $520K $440K $118K
List Price 12-Month Change – +0.7% 0% +1.1% -5.4%
Median Home Age +17.8% +9.7% +11.5% +4.7% +7.6%
Own 66 57 58 39 41
Rent 59% 50% 50% 65% 64%
$ Value of All Buildings for which Permits Were Issued 41% 50% 50% 35% 36%
% Change in Permits for All Buildings – – $1.45B $10.2B $271B
% Change in $ Value for All Buildings – – +2% +8% +4%
– – -7% +7% +5%

Median Sales Price vs. Sales
Volume

Thischart comparesthe price trend and
salesvolume for homesin an area.
Home pricestypically follow sales
volume, with a time lag, since sales
activity isthe driver behind price
movements.

Data Source: Public recordsand listings
data

Update Frequency: Monthly

Median Sales Price
Public Records

Median Sales Price
Listings

Sales Volume
Public Records

Sales Volume
Listings

Copyright 2021 Realtors PropertyResource® LLC. All Rights Reserved. 3/15/2021
Information is not guaranteed. Equal Housing Opportunity.

Denver, CO 80210

Median Listing Price vs. Listing
Volume

Thischart comparesthe listing price and
listing volume for homesin an area.
Listing pricesoften follow listing volume,
with a time lag, because supply can drive
price movements.
Data Source: On- and off-market listings
sources
Update Frequency: Monthly

Median List Price
Listing Volume

Price Range of Homes Sold

Thischart showsthe distribution of
homesreported sold in the past six
monthswithin different price rangesin
the area of your search. The amount
shown for the subject property issold
data where available, or the property's
estimated value when salesdata are
unavailable (such asa non-disclosure
state) or provided in range format.
Data Source: Public recordsdata
Update Frequency: Monthly

Sales Count By Price Range

Price per Square Foot of
Homes Sold

Thischart showsthe distribution of
homesreported sold in the past six
monthsat different pricesper square foot
(living area sourced from public records).
Data Source: Public recordsdata
Update Frequency: Monthly

Sales Count By Price Per Sq Ft

Copyright 2021 Realtors PropertyResource® LLC. All Rights Reserved. 3/15/2021
Information is not guaranteed. Equal Housing Opportunity.

Denver, CO 80210

Size of Homes Sold

Thischart showsthe distribution of
homesreported sold in the past six
monthsof different sizesin the area of
your search.
Data Source: Public recordsdata
Update Frequency: Monthly

Sales Count By Living Area

Age Range of Homes Sold

Thischart showsthe distribution of
homesreported sold in the past six
monthsof different age rangesin the
area of your search.
Data Source: Public recordsdata
Update Frequency: Monthly

Sales Count by Age of House

Number of Bedrooms in
Homes Sold

Thischart showsthe distribution of
homesreported sold in the past six
months, according to the number of
bedrooms, in the area of your search.
Data Source: Public recordsdata
Update Frequency: Monthly

Sales Count by Bedroom

Copyright 2021 Realtors PropertyResource® LLC. All Rights Reserved. 3/15/2021
Information is not guaranteed. Equal Housing Opportunity.

About RPR (Realtors Property Resource) Denver, CO 80210

Realtors PropertyResource® is a whollyowned subsidiaryof the National 3/15/2021
Association REALTORS®.
RPR offers comprehensive data – including a nationwide database of 164 million
properties – as well as powerful analytics and dynamic reports exclusivelyfor
members of the NAR.
RPR's focus is giving residential and commercial real estate practitioners,
brokers, and MLS and Association staff the tools theyneed to serve their clients.
This report has been provided to you bya member of the NAR.

About RPR's Data

RPR generates and compiles real estate and other data from a vast arrayof sources.
The data contained in your report includes some or all of the following:

Listing data from our partner MLSs and CIEs, and related calculations, like
estimated value for a propertyor median sales price for a local market.
Public records data including tax, assessment, and deed information.
Foreclosure and distressed data from public records.
Market conditions and forecasts based on listing and public records data.
Census and employment data from the U.S. Census and the U.S. Bureau of
Labor Statistics.
Demographics and trends data from Esri. The data in commercial and economic
reports includes TapestrySegmentation, which classifies U.S. residential
neighborhoods into unique market segments based on socioeconomic and
demographic characteristics.
Business data including consumer expenditures, commercial market potential,
retail marketplace, SIC and NAICS business information, and banking potential
data from Esri.
School data and reviews from Niche.
Specialty data sets such as walkabilityscores, traffic counts and flood zones.

Update Frequency

Listings and public records data are updated on a continuous basis.
Charts and statistics calculated from listing and public records data are refreshed
monthly.
Other data sets range from dailyto annual updates.

Learn more

For more information about RPR, please visit RPR's
public website: https://blog.narrpr.com

Copyright 2021 Realtors PropertyResource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.

Marketing
Your Home

Steps to Get

5Your Home Sold

LISTING PROCESS
I WILL...

Prepare a Competitive Market Analysis of your home.
Determine the best possible price for your home in today's market.
Complete and review the listing agreement with you.
Prepare your home for sale.
Spend as much time as we need going over the entire property with
you, both inside and outside.
I will make a list, with you, of suggestions and recommendations
about your home so that it will be seen at its highest perceived value
while competing in the marketplace.
Install a lockbox, brochure box and our exclusive "For Sale" sign.

MARKETING PROCESS

Staging - I will have a professional stager provide a consultation with
you and your home in order to bring out the best in your home and tap
into a Buyer’s psychology to show them what they want to see.

Professional Photographer - I will hire a professional photographer to
take pictures of your home to highlight each room in the way that
appeals to buyers and grabs their attention as they are searching for
homes on the internet. Buyers perceive home with professional
photography to be worth on average, 12% more than the actual price.

The Multiple Listing Service - I will professionally represent your home to the MLS. As a result, your
home will be exposed to every agent in the Denver Metro area.

Brochures - Professionally create a brochure to have at the house for potential Buyers to take if they are
interested in your home.

Agent Rapport - I strive to motivate agents to show and sell your property through my own personal
contacts. I constantly work to maintain a high rapport with the working agents in our area.

Open Houses - Hold open houses when appropriate, which is normally the first weekend listed, to drive
in as much traffic as possible.

Internet - Today's tech savvy consumers are bombarded with
information daily, and expect the information they do need to be
accessible from anywhere quickly. Potential buyers will have no trouble
at all finding out about your home from anywhere at anytime. I will
expose your home to millions of potential Buyers and place your home
on the world's leading real estate web sites for unmatched exposure
through the following internet sites: realtor.com, ZiIIow.com, You Tube,
RemaxUrbanProperties, MLS, Trulia, Redfin, REColorado, Homes.com
and many more!

Marketing to Other Agents - As stated before, 85% percent of all home
sales in Denver are co-brokered, meaning that the buyer is also
represented by an agent. With that being said, other agents are some of
the most important people to market to. I will immediately, upon MLS
listing going live, receive a list of prospective buyer’s agents who have
buyers looking for a home in your area and your price range! I will
market to them first! Your home will be featured on
REColorado.com/MLS, the premier multiple listing services throughout
the state. This direct site is designed to facilitate cooperation with
other brokers in pairing sellers with other agent's buyers. Your property
page will include:

Detailed descriptions of your home
Up to 25 photos of your home.
Interactive maps.
Open house notices .
Lead forms for potential buyers to contact me.

Service - What Else You Can Expect from Me

In addition to the services we've covered, you can expect me to provide the following:

Attentive service provided by our team. Focusing on your wants, needs and questions throughout the
listing, Contract, and closing process.

Regular communications regarding every aspect of our efforts and the results of those efforts as well
as any changes in the market, including new listings, price changes of competing homes, sales and how
we should re-position your property to remain competitive.

Assistance negotiating offers and preparing contracts.

Attending the closing to ensure all contract provisions have been met and that you are fully satisfied
with the results of your sale.

RE/MAX URBAN PROPERTIES COMMUNICATION WITH YOU
I WILL...

Keep my communication with you honest. Sometimes people, even
Realtors, will tell you what you want to hear. I will tell you what you
need to hear...the truth!
Keep in touch at least once a week as my work for you progresses.
Provide a written summary every week to fully inform you of all
facets of the progression of yourproperty: what I've accomplished,
marketing, feedback etc....
Be available when contacted, to present any offer that is written on
your property.
Check the Qualification of purchasers to the best of my ability.
Keep current on market conditions so I can provide you with sound
advice when considering apresented offer.

RE/MAX URBAN PROPERTIES AND
CLOSING YOUR TRANSACTION
I WILL...

Constantly keep you informed as to the progress of your sale from
the time of accepting an offer all the way through the closing.
Work hard to handle any situation that may arise with mortgage
companies, title companies, appraisers, underwriters, inspectors,
purchasers and buyers agent during the time your property is under
contract.
Be present at your closing. This is what we've worked to achieve. You
better believe I'll be there.

RE/MAX URBAN PROPERTIES FOLLOW-UP
I WILL...

Be available during those post-closing days when you'll be having
questions and concerns.
Be following up on your transaction after you've moved on. This
includes being on my exclusivemailing list, not to mention an
occasional phone call just to see how it's going.

These are my Five Steps in Working For The Sale of Your Home. They outline what I will do for you and
my commitment to you. I will work hard to represent you in the prompt sale of your home at the best
possible price. When, and only when, you have received the proceeds from the sale of your home, do I
receive payment for my services. I look forward to serving you!

Where Buyers Found The
Home They Purchased

51% Internet
30% Real Estate Agent
7% Yard Sign/Open House Sign

6% Friend, Relative, or Neighbor
5% Home Builder or Their Agent
2% Directly From Seller
<1% Print/Newspaper Advertisement

SHOWINGS MADE EASY FOR YOU

CSS PROVIDES A FULL-SERVICE
CONTACT CENTER EXPERIENCE

High Tech Meets Personal Service: The New Standard Centralized Showing Service (CSS) is a
seamless integration of personal service and user-friendly technology that delivers accurate
information in real-time, every day.

Our courteous and professional customer service representatives are dedicated to each call.
Excellent answer times and accurate information from well trained representatives is only part
of what we do. Combining exceptional personal service with our state-of-the-art website
(Showings.com) and the convenience of the CSS Mobile App provides your agent with the
tools needed to succeed in a competitive real estate market.

FEATURING EXTENDED CONTACT CENTER HOURS:

Live Customer Service Representatives Monday–Sunday 8:00 a.m. – 9:00 p.m
Excellent answer times (Local Time)
One phone number to call
Online scheduling (Open 51% longer than regular office
Customized feedback collection hours)
Prompt notifications via email and text
Group Email Announcements PLUS Schedule showings 24/7/365 with
Detailed reporting and market statistics Showings.com

SELLER BENEFITS

Seller satisfaction is improved by better and more complete communication of showing
activity and feedback reporting.

No missed showings
Showing requests directed to sellers, listing agents and/or office staff
Comprehensive showing history reports and feedback history

Sellers can approve showing requests by:
Text2Approve
Email
Via CSS Contact Center

Pricing
Your Home

Houses sell
quickly and
usually for the
most money
when they are
priced properly
in the beginning.

PRICING YOUR HOME:

PAVING THE WAY FOR A
SUCCESSFUL SALE

Accurately pricing your home is the single most effective way to ensure a successful sale. This
cannot be overemphasized enough. It is the most important determining factor. No amount of
marketing can sell an overpriced home.

The consequences of making the wrong decision are painful. If you price your home too low,
you will literally give away thousands of dollars that could have been in your pocket.

Oftentimes, sellers are tempted to list their home with the agent who quotes them the highest
price.

Price it too high, and your home will sit on the market, developing the reputation of a problem
property (everyone will think that there is something wrong with it).

Failure to understand market conditions and properly price your home can cost you a bundle
or cause your home not to sell....preventing you from achieving your goal.

Please keep in mind, the agent doesn't set the price, the seller doesn't set the price - the
market will set the price, or value, for your home.

Factors that Influence Market Value Factors with Little or No Influence
on Market Value
Supply and Demand
Economic Conditions The Price the Seller Paid for the House
Asking and Selling Priors of The Seller's Expected Net Proceeds
Competing Homes • Your Home's Condition The Amount Spent on Improvements
Buyer's Perception of your Home

I Won't Let This Happen To You!

Utilizing the latest computer technology and my in depth knowledge of the market, I will
analyze current market conditions in combination with your personal time requirements to

identify the correct price range for your home.

You can't afford any "guesswork" in this critical step.

BENEFITS OF
PROPER PRICING

FASTER SALE: The proper price gets a faster sale, which means you save on
mortgage payments, insurance, and other carrying costs.
LESS INCONVENIENCE: As you know, it takes a lot of time and energy to
prepare your home for showings. Keeping the property clean, make
arrangements for children, and generally altering your lifestyle. Proper pricing
shortens market time.
INCREASED AGENT RESPONSE: When agents are excited about a property and
its price, they make a special effort to contact all their potential buyers and
show the property whenever possible.
EXPOSURE TO MORE PROSPECTS: Pricing at market value will open your
home up to more people who can afford it.
BETTER RESPONSE TO ADVERTISING: Buyer inquiry calls are more readily
converted into showing appointments when price is not a deterrent.
HIGHER OFFERS: When a property is priced right, buyers are much less likely to
make a low offer, for fear of losing out on a great deal.
MORE MONEY TO SELLERS: When a property is priced right the excitement of
the market produces a higher sales price in less time. You NET more due to the
higher sales price and lower carrying costs

OBSTACLES TO PROPER
PRICING

Incompetent Agents who will accept a listing at any price
the seller puts on it.
Neighbors who lead the seller to believe they received more
for their house than they actually did.
Inflationary Times that cause prices to go up rapidly
because of economic factors.
Recessionary Times that cause prices to go down because
of adverse economic conditions.
The Market when drastic changes in supply and demand
alter a home's worth.
Loss of Perspective due to the seller being emotionally
involved and losing their objectivity.
Need for a Certain Amount of Cash has nothing to do with
value no matter how important the reasons.

DANGERS OF
OVERPRICING

Many potential buyers won't even look, thinking it is out of their range.
Those buyers who do look are shopping by comparison, and looking at your
home may convince them to make a bid on different property.
Since an appraisal is often required in financing a property, it's futile to list a
property for more than it's worth.
Properties left on the market for extended periods of time usually become "stale",
causing many to believe something is amiss.
Overpricing tends to dampen the other agents attitude, making it less likely to be
shown.
Overpricing lengthens marketing time, and invariably results in a lower selling
price than would have been otherwise obtained.

Contracts and
Negotiations

CONTRACT AND
NEGOTIATION

When a Buyer writes an offer on your home, you will have three options in
deciding how to respond.
1. Accept the offer-exactly as written!
2. Reject the offer-contract is dead.
3. Make a counter offer (called a "counterproposal").

As your agent, I will review the contract in detail so I can give you my
professional opinion of the strengths and weaknesses of all the offer details.
The offer is 17 pages long, so there will be many points and contingencies to
consider. Ultimately, you will decide how to respond.

This is where having a seasoned and professional agent repre- senting you
can really show their worth! Either securing you more than your desired price
in a shorter amount of time, or having the right counterproposal dates,
deadlines or specific language in the contract can mean the difference
between smooth sailing to the closing table versus a long emotionally
draining uphill battle!