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October Real Estate Market Update for Parker, Colorado

By J. David Lampe on October 10, 2016 in For Home Buyers, For Home Sellers, Metro Denver Luxury Homes, Parker, Relocation

See what’s happening in the Parker real estate market by watching the video below. Some highlights: the median listing price for the month of September 2016 was $575,000. The median sale price was $440,000. 188 homes sold during September in Parker.

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“I was Trustee of a Trust that owned a typical small townhouse in which my brother had a life interest. It came time to sell the townhouse so that my brother could use the proceeds for part of the entrance fee into a retirement community. I ask David to represent me and the Trust in getting the townhouse ready to market, and listing it for sale. Although my wife and I had a sense of how to get the townhouse “refreshed” for showing, David came through it on the afternoon we thought we were finished and pointed out several small items we would not have otherwise seen. By the next afternoon, we were “truly ready” for listing and showing.

It was at that point we learned of a subtle aspect of real estate listing that we would never had guessed: namely, listing the townhouse on the day that would yield the most views by other agents. Indeed, this netted us several agent showings, each of which were, almost without exception, favorably impressed with the townhouse itself as well as the listing price — another aspect of David’s insight into the market we were working in.

David had demonstrated to us that houses must be well presented on the internet and he prepared a very attractive video/photo spread for the townhouse, illustrating the aspects that would naturally attract attention in the market we sought. We had two early offers, showing us that what we were all doing what we should be doing. Both of these potential buyers backed out of their contracts for reasons better known to them then to us, in spite of what they wrote. The good news, however, was a sound offer made by an investor. That contract went to closing.

Along the way, David made sure I understood my end of the contract and made sure I met the contractual submission dates, thereby avoiding any needless complications.

I would certainly enjoy the opportunity to recommend David to either buyers or sellers. He is a professional and is skilled in his profession.”

Ron Gould

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