BrokerIPTV Real Estate News and Videos

BrokerIPTV: Today we are talking with Fuller Towne & Country realtor Tom Narvaez and Tom, thanks for being with us.

Tom Narvaez: No problem Dan.

BrokerIPTV: This is a fun segment for us. It is GenX GenY talking with younger people in the business. One of the things I want to start off with is where do you like to focus in town in Denver?

Tom Narvaez: Generally, really where I live which is University Park, Observatory Park and where I work downtown LoDo. There is a specific building across the street from us Larimer Place about 150-200 units that's fantastic. So, I've sold probably four or five places. I think it is undervalued.

BrokerIPTV: What is happening in those specific areas Observatory Park, LoDo and so forth?

Tom Narvaez: Well, right now in Observatory Park, University Park, there is just a plethora of new construction "scrape" homes and there just hasn't been a ton of activity. About a month ago, I took a look and there wasn't anything under contract over the last two months. So, probably 30 to 40 new construction houses mixed in with some resales and so, it is a lot of inventory right now. As far as Larimer Place goes, not a lot comes on the market and generally gets sucked up fairly quickly depending on...

BrokerIPTV: Really?

Tom Narvaez: Yeah, depending on how... what kind of condition they are in. So, it really is a prime location. You don't get better than that. It is right across from Writer Square and right next to Larimer Square and I think it is a great location.

BrokerIPTV: I read a newspaper column about more people coming out of the suburbs and going back in the city. You know once upon a time it was just kind of fashionable to live in the city, it was cool.

Tom Narvaez: Sure.

BrokerIPTV: Now, it is more of a necessity to live in the city.

Tom Narvaez: Right.

BrokerIPTV: Are you finding more people attracted to downtown?

Tom Narvaez: I am. I am. I mean it seems like that is definitely the way we are going with gas prices and just the younger generation as they are making more money I think everybody is kind of coming back into town. That is what I am seeing from my perspective and where we are at.

BrokerIPTV: When they... when clients call you up, what do they say that they are looking for?

Tom Narvaez: Generally, it really depends on the client and where they are at and what they are doing. I think that people that are moving up are going to see really a good value right now because they may lose a bit in selling, but when they buy, they are going to gain that plus some. So, really depends what they look for. Otherwise, a lot of people just holding tight and they are investing. They are investing in those lower priced properties and turning rentals into five to eight year deals, rentals, and then going to flip them and hopefully double their money in that timeframe.

BrokerIPTV: Hot areas, what is the hot area or areas?

Tom Narvaez: Man, again, I mean I am so focused on my investors right now. North Aurora, the old Old Town Aurora, northeast Denver, just below Stapleton and then probably southwest to west Denver are where a lot of those deals are right now and those are hot areas. I mean there is a lot flying off the shelves right now in those areas.

BrokerIPTV: Tom thanks. Appreciate it.

Tom Narvaez: [Voice Cross Over] absolutely definitely....

Hi. I am Patrick Armbrust, Colorado Real Estate School Director of the Armbrust Real Estate Institute.(Real Estate School) We offer real estate pre-licensing courses in the State of Colorado and I would like to talk to you today about some of the new contract provisions in Colorado. One of the most profound real estate contract changes coming in 2009 is requirement for closing instructions and this is fairly new. When the title companies hold earnest money for the transaction, Colorado real estate law now requires closing instructions to be delivered to the title company at the time of the earnest money and at that time as well, they need an earnest money receipt. Our real estate education courses, pre-licensing or continuing educationare designed specifically to help the Colorado real Estate brokers understand how to be in compliance with this Colorado Real Estate law January 1st, 2009 and thats probably the most profound change coming in the plethora of changes with the new real estate contracts in Colorado. So, again, Patrick Armbrust, offering real estate pre-licensing, real estate continuing education throughout the State of Colorado. Thank you. <watch video>

Hi. I am Josh Simpson. I am coming to you from the CAR Convention 2008 here at the Broadmoor Hotel. I am with Hillside Software like I mentioned. We have real estate software products, like Virtual Office and HomeCards. We are releasing a new real estate product, a new version of Virtual Office tomorrow, Virtual Office Version 9. It has the EasyCMA capabilities, it has auto e-mail functions, a map search, as well as a new market wizard program, which lets you pull up properties, [Inaudible] image, send them to your clients, as well as these real estate charts and real estate graphs, real estate market trends, and things of that nature. It has been a great day here at CAR. It's definitely picked up from last year. It's quite busy and we are really enjoying ourselves out here.

Hillside Software presents the ultimate real estate survival tool kit-Virtual Office 9 <watch video>

BrokerIPTV: Welcome to Broker IPTV. We are at the exhibition floor hall here and I am fortunate enough to have Amy Dorsey and welcome Amy.

Amy Dorsey: Thank you very much.

BrokerIPTV: Congratulation on being sworn in as the Colorado Association of Realtors President.

Amy Dorsey: Thank you. I appreciate that. Thats very nice of you.

BrokerIPTV: Can you tell me what goals or policies you would like to institute this year for 2009 for the Colorado Association of Realtors?  <watch video>

BrokerIPTV: Today we are talking to Sandi Zimmerman, Chairman of the Board for Metrolist. Sandi welcome to the show, glad you are here.

Sandi Zimmerman: Yeah and thank you very much, it's nice to be here.

BrokerIPTV: Tell me about some of the advantages of Metrolist?

Sandi Zimmerman: We are the largest Metrolist here in the region and we have 18,000 members.

BrokerIPTV: Wow.

Sandi Zimmerman: We also have our own website called REColorado, which is a great advantage to all of our participants. They love that it gives more exposure to both their sellers, as well as near buyers they maybe working with and what they are looking for.

BrokerIPTV: Wow.  <watch video>

BrokerIPTV: Welcome everyone. We are here today with Kevin Best and Kevin Best is from Metrolist and welcome Kevin.

Kevin Best: Hi.

BrokerIPTV: You guys have been busy down there at Metrolist lately.

Kevin Best: Really have. We have got a lot of great new features coming out, a lot of benefits for our REALTOR® members.

BrokerIPTV: Yeah, I was curious. I played around a little bit with your new mapping products and it looks like you are the Prime Access, gives us access to use MicroSoft® Virtual Earth™ and displaying properties. Why don't you tell us about that feature? <read more>