Wheat Ridge Rehab Listed by David Dlugasch  

Listed for $898,000

This newly renovated home at 11000 W. 41st Place is on a quiet cul-de-sac conveniently located near I-70 and great shopping. It is an open concept home with stunning high-end finishes throughout. The main level has hardwood flooring and 3 bedrooms, 3 bathrooms, including the primary bedroom with a huge walk-in closet and completely tiled bath. The large kitchen opens up to a bright family room with a modern fireplace and vaulted ceilings, sliding glass doors that lead to a large patio and fenced-in yard. The backyard is private and great for entertaining friends and family. The lower level has an open area that can be used as a family room, home theater, or game room. It has a full bath, large laundry room and 4th bedroom with double closet. The detached one-car garage is oversized with plenty of storage space. The upper level of the garage can be used for storage or maybe a studio. Come see this gem! More details, pictures and a video tour can be found at www.WheatRidgeHome.info.

An Apple ‘AirTag’ Can Help You Locate Your Stolen Car  

News media is full of reports about the increase in the theft of cars and trucks. This is not a problem for owners of internet-connected cars like Tesla, which you can follow on your app and even limit its speed (15 mph is good!), but what if your car is not connected that way and gets stolen?

Apple sells a $29 product called AirTag which you can hide in your vehicle. There’s no ongoing fee. If any GPS-connected smartphone is nearby, it uses that device to transmit its location. We have one hidden in Golden Real Estate’s truck, and I can use it to see where it is at any time.

Pictured here, the AirTag is about the size of a quarter and about as thick as 2 or 3 quarters. Put it under a seat or floor mat or any other place in your vehicle and know that if your vehicle is not where you left it, you’ll be able to tell police where to find it and perhaps nab the thief.

96.9 The Cloud Honored by Golden Chamber of Commerce for ‘Community Impact’

The Golden Chamber of Commerce recently honored 96.9 The Cloud (KKCL-FM) for its contribution to Golden and the greater Golden/Jefferson County area. Golden Real Estate is proud to have been advertising on The Cloud since its first year in business six years ago. I don’t recall the Chamber having such an award before, and its title is so appropriate: “2021 Community Impact of the Year Award.” The subtext reads as follows: “Awarded for creatively and effectively bringing together community members, resources, and organizations to encourage an environment of support, respect, and thoughtfulness within the Golden community.”

Rita and I have come to know Chuck Lontine, the owner of this radio station and a 7th generation native Coloradan. He is a remarkable man with quite a background, including as National Sales Manager for KOSI 101.  Although KKCL’s signal only reaches Jefferson County from its transmitter on Lookout Mountain, you can stream it on www.TheCloud.FM.

In addition to our regular advertising spots on The Cloud, I also record a weekly 5- to 10-minute report on the real estate market that the station carries.

Upright Piano For Sale

    Jim & Rita Smith are moving and can’t take their wonderful upright piano with them. They bought it in 2020 from a dealer for $5,500, but they are willing to part with it for just $3,500. It has the sound of a grand piano! Call Jim at 303-525-1851 to come play it and you’ll want to buy it!

Used Toy and Game Giveaway This Saturday, Oct. 2, at Golden Real Estate

One of our clients has retired from his career as a child psychologist and is giving away 30 boxes filled with a wide variety of toys and games, including board games. Shown here is the contents of just two of those 30 boxes. We hope to give away most or all of these games this Saturday during the EV Roundup and the SuperCruise event that will be filling South Golden Road all afternoon. Bring your kids and help yourself. The toys and games will be laid out on our patio. If you know of a charity that could use the leftover games and toys, please let us know!

How Listing Agents Handle Bidding Wars: The Good, the Bad and the Ugly

I have written in the past about how we handle multiple offers and bidding wars on our listings using an auction style, which we feel is best for our sellers and most fair to buyers and their agents.

Regrettably, very few listing agents handle multiple offers and bidding wars the way we do. Most are sticking with the “highest and best” approach, in which buyers submit an above-listing-price offer without knowing what other buyers are offering.

Usually agents maintain that their sellers won’t let them reveal the competing offers, but I find that hard to believe. Have they even had an honest discussion with their sellers about that? I have that discussion with every seller who hires me and invariably they agree that full transparency about offers in hand is not only going to net them the highest price for their home but is also fairest to the buyers.

I have written in the past that 4 days on the MLS before going under contract is the “sweet spot” when it comes to netting the best price for sellers, and I have supported that opinion statistically.

However, recently we have modified our policy because of more buyers submitting early offers which are too good to pass up. Do we keep our word not to sell before the 4th day, or take the offer?

Rule #1 is that the seller makes that decision, not us. If the seller wants to accept a particularly sweet offer on day one or day two, we ask for 24 hours’ lead time so that we can notify all other agents who have set showings that our timeline has changed. “We have this great offer, and the seller wants to accept it.” That gives those agents time to accelerate their timeline and compete (or not) with that particularly sweet offer.

Regardless of how an agent handles multiple offers, professional courtesy demands that they communicate with other agents and not just ignore the competing offers. Just call us and say, “My seller has decided to go with a better offer.” Give us a chance to recalibrate and resubmit. That’s best for your seller (to whom you owe “utmost good faith and fidelity”), and it’s only fair to the other bidders.

Sometime soon these bidding wars will subside, and we’ll go back to having a “balanced” market. I’d settle, frankly, for a seller’s market that is not crazy wild!

We are still seeing way too many homes that are selling with zero days on the market, often because the listing agent convinced the seller to accept a contract obtained by the listing agent, thereby allowing the listing agent to keep his or her entire commission instead of sharing it with a buyer’s agent.

The Colorado Real Estate Commission frowns upon this practice and has issued guidance that every listing agent should advise their sellers that they may be leaving money on the table (that is, getting less than they might for their home) if they don’t allow the home to be on the MLS for at least a few days so that all interested buyers have a chance to see it and make an offer.

Along that vein, the National Association of Realtors last November adopted a “Clear Cooperation Policy,” making it a violation to have “pocket listings” not on the MLS so agents can see and show it. On our MLS that carries a $1,500 fine.

Legislation Bans HOA Limits on Political Flags & Signage

Before the current session of the Colorado General Assembly ends this Saturday, it will send to the Governor a bill which bars HOAs from limiting the display of partisan flags and signs.

The bill’s prime sponsors are Rep. Lisa Cutter of Jefferson County and Sen. Robert Rodriguez of Denver, both Democrats.

The title of the bill is “Homeowners’ Association Regulation of Flags and Signs” with the subtitle “Concerning additional protections for homeowners’ freedom of expression in common interest communities.”

Sounds like a good idea, right? Who is (or dares to be) against freedom of expression? It has attracted 11 other representatives and 5 other senators as sponsors.

However, let’s consider the unintended (or perhaps intended) consequences of this law. Basically the bill only allows content-neutral regulation of signs and flags, prohibiting only commercial messages.

Considering the political divide in our country and the extremism on each side of it, do we really want to allow unfettered display in our communities of right-wing and left-wing signs and flags?

I can live with the fact that a neighbor might be a QAnon follower, but I don’t want his lawn festooned with conspiracy messages or even Trump 2024 flags and signs without any limitation on their number or duration of display.

Currently it is common for an HOA to bar flags or signs of a political nature unless they are for a particular candidate or ballot measure and to limit their display to 45 days prior to an election and a short period afterwards. The effect of HB21-1310 would be to bar HOAs from enforcing any such limitation on the display of any political message at all, even if the membership voted for such a limitation.

If this bill becomes law, look for signs cropping up in your neighborhood for “Stop the Steal” or “Black Lives Matter” or “White Power” or even hate speech that’s reduced to a slogan. Do we need that much freedom of expression right under our noses every, day year round?

This can only serve to rile up divisions among neighbors who were heretofore happily ignorant of each other’s political beliefs. I can picture neighbors removing or destroying signs and flags they disagree with. These actions will be caught on cameras leading to criminal complaints and sometimes violence.  Do we really want to go in this direction?

Homeowners and renters are entitled to the quiet enjoyment of their premises. Unleashing this “freedom of expression” through flags and signs will only work against that principle.

I hope Governor Polis vetoes this bill when it gets to his desk.

Don’t Let Service People Take Advantage of You

It makes me angry when I hear of service providers telling a homeowner they need a new furnace, water heater or other major repair when they don’t. I got a call recently from a single older woman who has owned her home for a couple decades, the type of homeowner who is often targeted by sales persons to spend money they shouldn’t on repairs and replacements.

In her case, she was told she needed both a new furnace and new water heater, but, knowing I am in real estate, she called me for advice. I listened to her describe the issues she was facing, and recommended she call vendors I trusted. The result? She needed only some minor fixes and no big expenditures.

Women often encounter this problem when it comes to auto repair as well, since they tend not to be mechanically minded or experienced. It burns me up to hear about such stories, so here’s a little advice, in case you can relate to this situation.

If you need (or think you need) a home repair, whether it’s plumbing, electrical, painting, roof replacement, or anything else, call me or your favorite real estate agent (preferably a Realtor), and ask them to recommend a vendor. We deal with such vendors so often, and they count on our referrals for future business. If we refer you to a vendor — and you tell the vendor we did — he or she is less likely to take advantage of you, even if they wanted to, because they know that would jeopardize future referrals. We don’t get a referral fee from such vendors, so you can trust our recommendations.

Use this same strategy when, for example, you need service for your car. Call a Realtor you trust to get a referral to a trusted mechanic to enjoy similar protection against being taken advantage of.

Don’t Fall for This Gift Card Scam

This Monday, people on my contact list received an email that looked as if it was from me, asking for “help.” If they responded to the email, it went to a scammer pretending to be me who said I was in a meeting but could they help me purchase some Google gift cards for me and I’d reimburse them.

This kind of scam doesn’t hurt the person who’s being impersonated, but it hurts his/her friends and contacts who fall for it. Tell your family and friends about this scam and don’t let them fall for it.