Archives for May 2013

Photo Contest for 1,000 Facebook Likes!

Oh my, it seems like just yesterday when we created our Facebook page. And now, 1 million 1 thousand likes later we are one step closer to taking over the world! Ok, maybe not the world, but we are closer to accomplishing our goal: Connecting people in Northern Colorado to recreation, events, real estate and more!

As a celebratory milestone to our thousandth like, we will be having a photo contest!

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Here are the details: 

  • No more than 2 photos submitted per person
  • Photo must be submitted to photocontest@nocolifestyle.com or posted on our Facebook wall
  • No entires will be accepted after June 1st (through midnight)
  • Photo must be from somewhere in the state of Colorado
  • Contestant must live in the Northern Colorado area

Finalists:

  • NoCo Lifestyle will choose the top 5 photos of all entries received
  • Top three photos will receive prize money in the following order: 1st – $200 Visa gift card; 2nd and 3rd – $50 Visa gift card.
  • The photo with the most “likes” will win (second and third, respectively, as well).

So, help us celebrate our 1,000th like by sending us your best photo(s) from somewhere in this incredible state! Happy shooting, we can’t wait to see the entires! 🙂

Should you offer full price for your Fort Collins dream home?

When I meet with a new client and discuss the home-buying process, I generally give the client an overview of the real estate market.  If you haven’t been following the real estate market in Fort Collins, CO for the past year, let me sum it up for you: it’s a seller’s market.  The Months Supply of Inventory (M SI) is about 3.7 and 6.0 is considered a balanced market.  Right now the market will absorb the current inventory in 3.7 months, meaning there are more buyers in Fort Collins, CO then there are homes for sale.

The May Housing Report published by the Fort Collins Board of Realtors® (FCBR) shows that homes sold within 99.0% of the list price in April 2013, and for the 2013 calendar year homes have sold within 98.6% of list price.  So should you offer full price for your dream home?

It amazes me that there are buyers in today’s real estate market who still operate under the “I’ll offer 10% less than list price and see if they take it” philosophy.  Sure, you can offer less than list price, but keep in mind that sellers are receiving multiple offers, so do you really want to lose out on your dream home?

Obviously there are checks and balances to make sure you are not paying too much for a home.  When a professional real estate agent lists a home he or she should be doing a Comparative Market Analysis (CMA) to evaluate recent sales and help the seller to determine a realistic list price.  Your buyer’s agent should also be preparing a CMA for you so that you can see recent comparable sales before you even make your offer.  Finally, if you are obtaining traditional financing, your lender will hire an appraiser to determine the value of the home, ensuring that the lender does not lend too much against the property.

Have you ever heard the phrase, “The numbers don’t lie?”  Well the percentage of sale price to list price for homes in Fort Collins speaks for itself.  If you would like more information about buying or selling a home in Fort Collins, reach out to me and we’ll chat more about it.

Percentage of Sale Price to List Price April 2013

Percentage of Sale Price to List Price April 2013

 

Odell Brewery

“Hey look, there’s people on top of the mashbarrels…We want up!” – Was the consesus as myself and NoCo Lifestyle founder, Richard, as we walked into the brewery at 4pm on a Monday afternoon. They are having way too much fun for a Monday, we thought. After chatting with a few employees, we soon found out that Odell’s has fun Tuesday through Sunday, as well.

Odell Brewing Company is no foreign place to residents of Fort Collins, Colorado; the brewery has been open since 1989. With renovations in 1994 and 2009, roughly 65 workers are employeed at the 45,000 square foot company. It doesn’t stop in Colorado…Odell brews to 9 states West of the Mississippi and Great Britian.

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Besides tasting the great array of brews, there is always fun to be had at the brewery…

Playing Corn Hole

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or maybe a game of Uno with friends

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It was a great day at the Brewery, and NoCo Lifestyle looks forward to going back a few more times this summer (Ok, definitely more than a few). I think the next step will be taking an official tour of the operation!

Here are a few more photos we snapped during our Odell visit:

 

Dog Parks in Fort Collins, CO

Dog parks in Fort Collins, CO are a highlight among pet lovers.

Dog parks in Fort Collins, CO are a highlight among pet lovers.

We love our Boston Terriers!  The sunny weather in late spring and summer make this a perfect time of year for pet lovers like us to get outside with our dogs and explore the natural areas and dog parks in Fort Collins.  We live within walking-distance of several neighborhood parks, but sometimes we just want our dogs to be able to run around without a leash and play with other dogs.  Weighing in at just under 25lbs our Boston Terriers can fetch, run, and play with dogs well over twice their size, so our Fort Collins dog parks offer a fun-filled, slobbery experience for dogs of almost any size.Here are some of the most popular dog parks in Fort Collins:

  • Fossil Creek Dog Park (south Fort Collins):”This dog park is located at 5821 South Lemay Avenue at the entrance to Fossil Creek Community Park.  Canines and owners are welcome to let go of the leashes and run freely within the fenced in area.  The park is 3/4 to one acre in size and also includes a small fenced-off area for small or shy dogs.  There is a drinking fountain located within the double fence at the entrance to provide water for you and your pets.  Rules and regulations are posted near the entrance.  There is no charge for entrance into this park.” (Source: fortcollinschamber.com)
  • Spring Canyon Dog Park (west Fort Collins):”The dog park is located at the west end of Horsetooth Road.  The site is a fenced 2-3 acre area where dogs are permitted to run without leashes.  All regulations are posted at the site, including that all animal feces are to be picked up by the dog handlers.  Bags and trash cans are provided.  This popular park was developed in cooperation with the Larimer County Humane Society and gives dog owners a chance to exercise their dogs legally off-leash. Recent additions include a fenced in area for small and shy dogs and a water fountain for you and your pet.” (Source: fortcollinschamber.com)
  • Front Range Village Dog Park (southeast Fort Collins in the Front Range Village shopping center):This small, fully-fenced dog area is located in the Front Range Village shopping center across from Five Guys.   This oversized dog-run offers a convenient place for your furry buddy to play while you take a break from shopping or dining in the Front Range Village.

Regardless of where you decide to take your pet, remember to be courteous to other pet owners and always pick up after your pet.  And if you ever see us walking through your neighborhood or at a dog park with our black and brown Boston Terriers,  come on over and say hello.  None of us bite.

Photographer Ryan Levander on Flattop Mountain

NoCo Lifestyle photographer Ryan Levander snapping a photo on top of Flattop Mountain.

NoCo Lifestyle photographer Ryan Levander snapping a photo on top of Flattop Mountain.

On Monday, May 13, 2013 Richard Jensen and Ryan Levander hiked Flattop Mountain in Rocky Mountain National Park. This picture shows photographer Ryan Levander snapping some photos at over 12,000 feet.

Is Your Real Estate “Agent” Really Your Agent?

The function of the Colorado Real Estate Commission is to protect the general public in real estate transactions. One of the most important requirements of a licensed broker is to disclose to a client how the licensee is working on behalf of the client. The term “agent” is used for a licensee who is an advocate for the best interests of the client. This type of “agency” relationship requires a written contract between the client and the licensee. On the other hand, a “transaction broker” requires no written contract and the licensee merely helps facilitate a real estate transaction between a buyer and seller, without advocating the best interests of either party. So is your real estate “agent” really your agent?

It’s important to understand the basic difference of how your real estate licensee can work for you in Colorado. In some states such as California, dual agency exists so a real estate broker can be an advocate for both a buyer and a seller. Dual agency is illegal in Colorado, meaning that if a licensee is an “agent” for one side of the transaction he or she cannot be an “agent” for the other side of the transaction. A licensee working with both a buyer and a seller must generally operate as a “transaction broker” and must remain neutral to both parties.

One way to think of the broker-client relationship is to imagine yourself playing a soccer game, basketball game, or any competition that involves your coach and a referee. Think of the game as a real estate transaction. Your “agent” or coach is there to guide you, encourage you, motivate you, instruct you, and advocate your level of play to help you do your best in the game, hopefully resulting in an outcome or final score that you deserve. The “transaction broker” or referee is there to make sure both parties or teams are playing by the rules, protecting each party from illegal activities, and remaining neutral to the final score but making sure that game was played correctly. A real estate licensee can be either a coach for one team or a referee for both teams, but he or she cannot be a coach for both teams.

The term “real estate agent” has been used so much in common language that the word “agent” almost becomes synonymous with licensed broker or licensee, but keep in mind that just because you are working with a licensee does not necessarily mean you are working with an “agent.” Most importantly, you should ask yourself how you would want your licensed broker to work for you!

For more information about agency relationships or real estate in Colorado, contact Richard Jensen with Coldwell Banker Residential Brokerage at (970) 818-6161 or Richard@NoCoLifestyle.com. Clipper Way Listing

Old Town Fort Collins

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Hiking in the Rocky Mountains

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