Michael Dovel is a director at RE/MAX Southeast, Inc and is a Certified Relocation Professional. He has maintained this designation from the Worldwide Employee Relocation Council for over 20 years and has served the Greater Denver market for over 30 years. His goal is to help people relocating to the Denver area to stay focused on their job and not stressing about finding a home. He does this with his keen understanding of the relocation process and the Denver Real Estate trends.
Ranked fourth in the nation
Denver, Colorado’s real estate market is ranked 4th in the country to buy a home in due to our schools, job economy and real estate development. More and more businesses are growing and/or relocating to the Denver area, and so are job seekers and employee transfers of those firms.
“The difference in relocation and regular real estate is in how you deal with people, “ Mike says, “and the fact that you have little, to no room for variables. There can be no mistakes.”
Find the right real estate agent
When relocating or transferring, it is important to find a reputable real estate agent. By interviewing at least three agents, you can be confident the one you choose is available for you and has a proven track record. Ask for references and call them. Hearing how the agent deals with other clients will help you to see what the agent values in the process and that it matches your priorities.
Your agent should have a good understanding of your objectives and what neighborhoods and areas will best fit these objectives. They will be able to show you trends for the area(s) you are interested in and evaluate any risks you want to take. Denver has areas with established high property values as well as up and coming areas. Your home is an investment and it is important your agent understands the market, to make the most of your budget, long term goals and current needs.
A new set of expectations
Relocation can bring in a need for an entire new set of expectations for the buyer. A relocation specialist can assist in helping you understand the new area you are moving into and explain the differences in the Denver area from the area of relocation. This expectation can lead to a need to downsize, upsize, adjust budget or even reprioritize.
Online searches can help you see what you like and what the associated budget is for the places you like. Budget is the biggest and first thing to look at because it is the foundation on which to build. After online searches, it is important to engage a real estate relocation professional to learn more about the neighborhoods that are going to best fit your needs.
Finally, you will want to schedule time to see homes and learn about the expected pros and cons of the areas you are considering relocating to. It is then with this understanding you can make the best informed choice about your relocation, have more ease in the transition, and focus on your job.
Mike Dovel: Denver’s Relocation Expert