If I asked you how many real estate agents you knew at this moment, my guess is you could name a dozen or so of your family and friends who are in the business. It’s no secret that there are copious amounts of real estate agents in Denver and the surrounding areas. Currently, the city has around 22,000 real estate agents, not all of them active but plenty to choose from. Of these agents, Scott Grossman (Past Chairman Of The Board at Denver Metro Association of Realtors) says that probably around 15% of the licensees out there are driving 80%-90% of the business. These are the agents who have their systems down and know how to drive their business for success in an extensive market. So of the agents out there, around 3,000 agents are doing most of the business. That might seem like a large number, but in a market where inventory is at an all time low, you are going to want to make sure to have one of the best agents on your side when making a deal.
Even in our seller’s market, it is important to make sure you have a Realtor who understands the ins and outs of the selling process. If you are looking to use an agent who is newer to the field, make sure they have either a good mentor, employing ber, or team that will help them navigate the real estate waters. I’ve had clients who come to me even though they have a relative who is a Realtor or a friend who is a Realtor and they come to me for many reasons. They come to me because of my success rate, because of my dedication to each one of my clients, because I have a team who also ensures every transaction is smooth from start to finish and at the end of the day, my honesty, my integrity and my ethics are some important things my clients are looking for to represent them best.
Pulling numbers from DMAR (Denver Metro Association of Realtors) shows that the most recent numbers as of April 11th, 2018 for the number of active listings is only 554 homes – down from 879 homes last year. Denver is experiencing an all-time low when it comes to our inventory and for that reason alone, you should be very picky about who you hire to be your real estate agent. I have worked with clients and heard stories from other buyers and sellers that they had bad experiences with agents in the past and some of these agents caused them to lose a deal or a home. Unfortunately, I explain that many times, realtors get into this line of work for the money alone and when it comes to being an advocate for their clients, many agents fall short. It is a very important thing for me to build trusting relationships with each and every one of my clients and let them know that I will be with them every step of the way from the day we decide to work together until we get to the closing table (and beyond).
I am grateful for every one of my clients, they are my motivation to be the best Realtor I can be. If you are thinking about getting into Denver’s competitive market, I would love the chance to represent you. Contact me today and let’s chat about how I can help you achieve your real estate hopes and dreams