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Brian Maecker

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Displaying blog entries 1-10 of 44

PERKS OF BUYING A HOME IN THE FALL

by Brian Maecker

Hi All, I am summarizing an article I just read in RIS Media’s Housecall. It’s a Great little read! This ties in with last week blog. The benefits of buying now might also include:

  • Year End Tax Breaks – Buy and close before 12/31/2018 and you can enjoy some of the deductions home ownership and purchase offer
  • Avoid Multi Offer Situations – Two things happening here. More inventory and less buyers. There simply is more competition among sellers and less buyers to deal with
  • Because of the above situation and folks getting antsy going into winter, you may be able to negotiate a better price than usual
  • You will have a place to call “HOME” for the holidays. What better gift can you give yourself than a new home.

So give us a call so we can help you.

Thanks,

Brian

888-593-2963

BUYERS ACT NOW!!

by Brian Maecker

Buyers, Act Now! Rates are still below 5%. There are more homes to look at since this time last year. Prices have dropped to adjust for the added inventory.

         Break your lease. Modify your plans! Get back in the market while the inventory is high and very little competition.

See You Soon.

Brian

32 Years Part II

by Brian Maecker

Thank you everyone for allowing me to be of service for 32 years. I started my Real Estate Career with Barry Boals & Associates in 1986. From there I worked 2 years with The Profit Broker. We had the HUD/FHA account selling foreclosures. Since 1990, I’ve been with RE/MAX. What a ride, and the things I have seen.

           In the beginning, late 80’s interest rates were in the teens. Imagine paying 14% interest. Today we are upset that rates have climbed to 4.6% from all the lows of 3.75%. Home prices! In 1986 I bought a home in north Colorado Springs for $79,000. It was a 3 bedroom, 3 Bathroom, 2 car garage home in District 20. It was brand new and had 2200 SQFT. That same home is $279,000 per county records. 200K of an increase in 32 years WOW!

           In 1986, Woodmen Road was a 2 lane road and Union Blvd was a dead end there. Powers was 4 lanes, but there were no shopping centers. The city back then was around 300,000. Today over 600,000. We didn’t have cell phones or computers. We used fax machines and face to face visits. There were no Real Estate Teams. I was the first in 1990.

           Along the way, I have sold almost 5000 homes. I have made some great friends and relationships. Thanks to all of you for making these 32 years fly by and be mostly good times. I’m looking forward to many more years. Hope to see you soon.

Thanks,

Brian Maecker

719-593-2963

GRI,CRS,ABR,SRES

 

32 Years!

by Brian Maecker

Hi All,

           This month, August, 32 years ago is when I started me Real Estate Career. Wow, have I seen changes over the years.

           In 1986, we didn’t have computers, email or cell phones. We had MLS books that came out weekly and a type of machine that printed off lines of available homes that referenced back to the book. We used fax machines and personal visits. We used pagers and found phone booths or offices to make a call. By the 90’s we did have cell phones, but they were either big bricks or hand wired to our car. In the mid 90’s we started having computers to do the searches by area and coordinates. We only were allowed a couple photos. The MLS system was it for marketing homes. There was no Realtor.com, Zillow or anything.

           In the 2000’s came the big search engines and online marketing. Websites for personal and companies really came on strong. In the early 2000’s you could be the only one marketing your listings. As an agent, it was great because the conversion rates were high. By 2010, Zillow, Realtor.com, Trulia, Homes.com and many other companies gained access to the MLS. This made information more public. While great for the consumer, it’s proved to be hard for agent conversion of leads.

           So here we are in 2018. There is so much information out there, where do you go? There are tons of sites for every piece of information you could want. So what do you do with all this information overload? Call an experienced realtor! That’s the one constant over the last 32 years I’ve been selling homes. We are versed and knowledgeable about the process and the information that’s needed. We can decipher down to the important facts. We can bridge the gap between buyers and sellers. We know how!

           So as you and I move thru the next decade, trust the experience that we can give you. We’ve seen good and bad and up and down. We are here to serve you, just let us know!

Thanks,

 Brian

What Makes a Good Neighbor?

by Brian Maecker
  1. A good neighbor is friendly. Say Hi and smile to your neighbors. You don’t have to have coffee with them, but always say Hi.
  2. Be Quiet – a good neighbor doesn’t produce loud, obnoxious noises. Keep your music and sounds inside. Silence those constantly barking dogs.
  3. Respect yours and your neighbor’s space – keep your yard clean and neat. Don’t park cars on the grass and leave trash and debris out for everyone to see.
  4. Good neighbors handle things maturely – ask don’t tell a neighbor if you have an issue. Respectfully approach you neighbor if there is an issue and if you are the one being approached, be open to listening and making changes.
  5. Good neighbors help one another – when it shows or a neighbor plain just needs help – HELP.
  6. Good neighbors trust one another – by all means keep your neighbors trust. Don’t do anything that would impact that.

So are you a good neighbor? Hope you all have a good day.

Brian

 

Buyers Where Are You?

by Brian Maecker

Buyers, where are you? Are you really thinking interest rates will come back down? They won’t! We have been at all-time historic lows for years. The economy has to raise them to adjust for inflation. Buyers do you think prices will come down? They probably will a little. I don’t think we will see a bubble burst, but we have seen all summer some air releasing from that bubble. Interest rates are having the desired effect in slowing home sales. The ½% increase is better than 5 % home price increases. Under $300,000 we are seeing some price reductions. Above $300,000, we will see some price corrections. Above $500,000 we may see 10% adjustments. Buyers did you notice inventory has increased. New listings and existing listings are up over 2000 homes. In March of this year, we were below 1000 homes. Buyers you have more choices than ever.

Buyers, it’s a great time to buy a home at the end of the summer. Sellers are anxious and you have plenty to pick from. Don’t wait for rates to come down because they won’t. Get in before they go up higher. Please give us a call so we can help you.

Thanks

Brian

 

11 Reasons FSBO is Bad

by Brian Maecker

Hi all, I found this great article at Inman News that I thought you would enjoy.

11 reasons why a For Sale by Owner is Bad.

  1. Scams by both buyers and sellers. Sellers may collect a deposit with no contract. If the seller changes their mind and there is no contract, you may have lost your money. Likewise, Buyers may reverse this trick to contract you but collect a deposit for repairs and then not close.
  2. Liability – With agents involved, the liability goes way down because they clearly know the laws.
  3. Paperwork – The Colorado Contract is 14 pages. How can anyone but a realtor or an attorney understand it?
  4. Everyone realizes it’s a bad deal and mistake and don’t know their rights to get out of a contract.
  5. FSBO’s sell for less – 2 people can’t save the same fee. Buyers want a deal.
  6. FSBO’s spend more time on market because of the less exposure and buyers fear the unknown.
  7. FSBO’s – No Representation – No one will know what to do!
  8. Inspections are a problem – Frankly with every transaction it’s a problem, but again FSBO’s don’t know what should or shouldn’t be done.
  9. Marketing is limited – Duh! only a few ways to see it versus the MLS and Realtor.com.
  10. Hidden Costs – Many FSBO’s try to balk when they see the costs of selling. Be sure everyone knows their fees.
  11. Time versus Money – FSBO’s by taking longer you lose money. But not knowing the ins and outs always costs money!

So whether you are a seller or a buyer, Use a realtor to protect you and make you more money in the long run.

Thanks

 

 

10 Most Expensive Mistakes People Make with their Home

by Brian Maecker

I just read this article from RLS Media’s Housecall. Be aware of these cost saving tips.

  1. Stop using traditional light bulbs. They use 5x’s the energy of today’s energy saving bulbs.
  2. Leaky faucets – 1 drop per second is 3000 gallons a year. Wow!
  3. Use correct filter size in your furnace – Wrong filter sizes increase power bills.
  4. Use set back thermostats and use them regularly.
  5. Adjust all your air vents so air moves freely.
  6. Over watering of your lawn is a huge dollar waste. Water during the night and no more than 3x’s a week.
  7. Check your Water Heater temperature – don’t leave it too high and turn it down on vacation.
  8. Seal leaky windows and doors from draft.
  9. Don’t pay a handyman for things you can do. I don’t know about this, I’m pretty clumsy with a hammer.
  10. Check roof shingles. Always have it checked after hail storms.

I hope some of those tips help you!

Thanks

Brian

Is it time to use Your Equity?

by Brian Maecker

Is it time to get a 2nd mortgage because values on homes have risen? Is it time to pull equity from your home by doing a HELOC loan? NO, NO and NOOO.

         I just read an article in Sunday’s paper that more or less encouraged people to use their equity in their homes. Have we already forgotten the foreclosure days from 2008 – 2014, many of foreclosures were a result of 2nd mortgages. Home prices slowed and all of a sudden, the home is worth less than the 2nd mortgages, worse still, someone lost a job and couldn’t pay the extra payment. While there are some cases to use your equity, I would advise not to. It should be an emergency, not a luxury. If you can’t pay for it, don’t buy it. Do not use your home as a cash register or you may regret it.

Thanks,

Brian

 

10 Bad Habits that Cost Homeowners.

by Brian Maecker

I just read an article from Daniel Bartz at the Washington Post there’s a summary of his article printed in the Colorado Springs Gazette today.

           All homeowners make mistakes by lack of maintenance or neglect of things in their home. Look out for these mistakes.

  1. Clogging pipes with things not meant for pipes. Items mentioned were heavy paper products, paint, and heavy chemicals. In garbage disposals – meats, stringy vegetables, plants and paper products.
  2. Not cleaning the gutter causes damage to roof, fascia and siding.
  3. Trim your trees and bushes to not touch your home. This will help paint and siding last longer and reduce critters onto your home.
  4. Slamming the front door. While built to close, it’s not meant to be slammed. Over time this will crack the framing.
  5. Letting dryer lint build up. Clean the filter and vent to avoid fire danger and extend the life of the dryer.
  6. Not changing furnace filter will reduce furnace life. Depending on where you live and whether windows are open, change filters 2-3 times a year minimum.
  7. Not changing batteries in smoke detectors. How does that happen? Mine beep at 2:00 in the morning when running low.
  8. Turn lights off – needless to say it will save your money.
  9. Taking long steam showers not only raises your utilities, but will also increase your maintenance of the shower.
  10. Wearing shoes inside the home. Wears down the floor coverings faster and brings in unnecessary dirt.

Okay lessons for us all!!

Thanks,

Brian

 

Displaying blog entries 1-10 of 44

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Photo of The Brian Maecker Team Real Estate
The Brian Maecker Team
RE/MAX Advantage
5590 N. Academy Blvd.
Colorado Springs CO 80918
719-593-2963
Toll Free: 888-593-2963
Fax: 719-599-7777