Published November 22, 2013 10:30
BRC Cycling presents the Castle Cross State Championships in Castle Rock on December 14th-15th! To register, go to www.USACycling.org.
Published November 22, 2013 10:30
BRC Cycling presents the Castle Cross State Championships in Castle Rock on December 14th-15th! To register, go to www.USACycling.org.
Published November 01, 2013 11:52
Zillow vs. Trulia vs. REALTOR.com
Which real estate website is the best to use for complete results of listings, accurate information and the least errors? BRC did some research and this is what we came up with. It seems that Zillow comes in the winner for the most errors, and REALTOR.com is the most accurate. Check out the chart below.
You might ask, “Why is one website more accurate than the other? Aren’t they all based off of the same listings and information?” Our answer? No. We'll explain.
REALTOR.com has a partnership with the National Association of Realtors® (NAR), which gives them exclusive access to MLS listings nationwide. (Don’t know what the MLS is? Read about it here.) On the flipside, sites like Trulia and Zillow receive listings data user submissions in which agents, brokers, developers and home owner’s themselves are responsible for the accuracy and maintenance of listings posted on these sites. This method is prone to all types of inaccuracies from time lags to wrong listing information to human error and illegitimate postings used for the infamous “bait and switch” trick.
I’ll give a good example of why Zillow is extremely unreliable. Zillow has a function called “Zestimate.” If you’re in the real estate market, I’m sure you’ve heard the term. A Zestimate estimates the value of a property based on its surroundings, lot size, home features and comparable homes in the area. However, Zillow only takes into account the standard information that is available online. It doesn’t know the value of the area, the different “parts of town” that increase or decrease a home’s value, the condition of the home, etc.
So what happens when a bad Zestimate occurs? The REALTOR®’s value that they placed on the home when they do a market analysis is typically extremely different than the Zestimate, and sellers either get offended or believe their home is worth much more than what the REALTOR® has said. See the estimate below on a home we valued at $197,000, versus Zillow’s Zestimate, which comes in $100,000 more than BRC's market value which is based on our expert knowledge and facts about the area & home.
This creates problems on quite a few levels. First of all, it gives buyers an unrealistic opinion of value and think they’re getting a “steal” when they’re buying at market value, or that the seller is trying to rip them off. It also gives sellers the idea that their home is worth more or less than it really is worth, which creates big problems for banks and real estate agents trying to do their job.
Moral to the story? Over reliance on user-generated websites can be a mistake. Feel free to surf through them, and use what information you can to educate yourself on the real estate market. However, they are definitely not a replacement for the MLS or for your REALTOR®. Make sure you use them with careful discretion!
For more information on the market or for a market analysis on a property, call BRC! Our rela estate experts will take great care of you.
Published October 30, 2013 16:51
Many buyers are hesitant to list their home until after the Holidays have come and gone. However, there quite a few benefits to listing your home during this time!
Here are a few tips from BRC on why you should consider listing your home during the Holidays:
• Many people take their home off of the market during the Holidays, which means that buyers have less inventory to view. Less inventory = more possible showings for your home!
• During the holidays, buyers have quite a bit of time off from their jobs and finally have time to house shop.
• Emotions are a big part of buying a home… especially during the Holidays! Take advantage of the warm and fuzzy feeling that the Holidays provide by decorating your home in a tasteful, inviting way.
• There are tax benefits to purchasing a home towards the end of the year, so many high end buyers are looking around this time.
For more tips on buying or selling your home, be sure to contact one our team members today!
Published October 21, 2013 16:30
Remember to send in your RSVP's for BRC's Family Movie Night hosted by BRC Real Estate, Jason Reynolds and Pie Konchar. We're looking forward to a fun evening with all of the folks who made our success possible this year. A special thank you to our local sponsors as well!
Costa Vida Lone Tree, Dynamic Roofing and Construction, Zerorez of Denver, Redd Orthodontics, First American Title, and Duke Property Inspections.
Published October 18, 2013 14:50
BRC is excited to announce that we've got a new residential agent here in the office!
Jon VanNoy is going to be a great addition to our residential team, as he has more than sixteen years of sales management, account management, sales, and customer service experience. His background is primarily in the sporting goods industry, as well as owning the Helaman Group, LLC, which is an independent sales representative agency representing major brands in the outdoor and golf industries.
Published October 16, 2013 10:13
Many people have asked our residential agents about the pros and cons of buying a condo, and if it is a good option versus purchasing a single family home. Yes, condos can be trickier to obtain financing for due to higher loan stipulations, but condos offer a lot of great perks and amenities that single family homes do not. The type of home you decide on ultimately depends on what your goals are for home ownership.
So, what are the perks of owning a condo versus a single family home? It doesn’t matter if you’re 75 or 25 years old. Single or married. Condos (also called condominiums) are the perfect choice for those that are looking for an affordable yet comfortable type of housing on a smaller scale. Some don’t feel that buying a big house with constant upkeep is necessary. They could live comfortably in a condominium in which someone else will take care of the lawn, maintain the common areas, keep up the exterior and interior appearance of the facilities, etc.
Condos are the perfect middle-of-the-road form of housing. Many condominium communities today offer luxury units for affordable prices that attract residents of all ages and walks of life. Besides the convenient upkeep of condo ownership, locations are typically highly convenient since most condos are built closer to urban life and large working communities. Additionally, small spaces are more affordable to furnish with great design, and upgrades are more affordable.
If you’re looking for housing that fits your budget, condominiums may be the answer for you. They're a great option for the first time home buyer, new families, senior citizens thinking about downsizing and more. Be sure to check in to the history, find out what HOA dues cover, the reputation of the community and amenities.
At BRC Real Esate, we openly welcome you click here to take a closer look at what we have to offer for condos on our website. Feel free to contact us with additional questions regarding your condominium purchase.
Published October 14, 2013 15:03
BRC Real Estate is honored to once again sponsor the BRC Cycling Team. Our first team meeting was Wednesday, the 9th of October and we see a lot of potential again this year with all 33+/- members of the team! Stay tuned for more information on events and races that we will be involved in.
Published September 30, 2013 10:40
Yes, it may be 80 degrees outside today, but there's a chill in the air in the evenings and snow will be falling soon!
BRC has put together a list for you on how to lower the cost of utilities and save energy during the cold weather.
Take Advantage of Heat from the Sun
Cover Drafty Windows
Adjust the Temperature
Find and Seal Leaks
Maintain Your Heating Systems
Reduce Heat Loss from the Fireplace
Lower Your Water Heating Costs
Lower Your Holiday Lighting Costs
Published August 20, 2013 11:00
Carole Schumacher, one of our BRC commercial agents, served with a team of 10 other women from CREW Denver at a Habitat for Humanity build on Saturday, August 17. Good work, Carole! We're proud to have you as a member of our team. Would you like to get involved in Habitat for Humanity of Metro Denver? Check it out here!< http://www.habitatmetrodenver.org>
Published May 24, 2013 15:40
Last weekend Avout Racing powered by BRC had another impressive at Rocky Mountain Endurance's Indian Creek with two first place finishes by Michelle Slingsby and Eric Truman. A big round of applause to the three people on the podium: Michelle, Eric and Dave Slingsby!
Dave Slingsby; 3rd; Half Marathon Pro Men: 3:18:13
Eric Truman; 1st; Half Marathon Men 30-39 3:24:29
Jason Reynolds; 6th; Half Marathon Men 30-39 3:47:24
Ed Tokarski; 4th; Half Marathon Men 40-49 3:49:30
Brandon Hodges; 8th; Half Marathon Men 40-49 4:01:43
Barry Wiebe; 12th; Half Marathon Men 40-49 4:07:14
Michelle Slingsby; 1st; Half Marathon Women 40-49 4:19:45
Dave Wright; 4th; XC Men 40-49 2:09:44
Pie Konchar; 14th; XC Men 40-49 2:34:31
BRC is proud to sponsor Avout Racing, which is becoming the dominate mountain bike race team in Colorado. Avout Racing supports human powered racing through team and individual sponsorships. In the future, Avout Racing will also support motor powered racing. Avout Racing won the overall team series at Winter Park’s Epic Singletrack Series for two of the last three years.
Published May 22, 2013 11:36
Pie Konchar is personally delivering supplies to victims of the devastating Oklahoma tornado. Please help him out by donating canned goods, individually wrapped snacks, water bottles, etc. You can bring them to the BRC office (9331 Commerce Center St., #A1, Highlands Ranch, CO 80129) today because Pie is leaving tonight at 9 pm.
Published May 08, 2013 13:36
Congratulations to the Avout Racing team at the Battle the Bear this past weekend! The team landed three 1st places, nine podiums and a sweep of one podium. All in all, Avout Racing secured four of the top 10 fastest riders! Below is the breakdown:
Half Marathon Pro Men
Dave Slingsby; 4th; 1:49:59
Half Marathon Men 30-39
Jason Giles; 1st; 1:49:31
Nate Deibler; 2nd; 1:49:32
Eric Truman; 3rd; 1:52:03
Bill DiMaio; 5th; 1:52:51
Shawn Evinrude; 9th; 1:58:17
Chris Knight; 26th; 2:12:36
Half Marathon Men 40-49
Kevin Langan; 3rd; 1:53:51
Ed Tokarski; 6th 1:56:29
Barry Wiebe; 7th; 1:57:42
Kevin Simonton; 10th; 2:01:08
Doug Stickler; 14th; 2:03:47
Half Marathon Women 40-49
Michelle Slingsby; 2nd; 2:10:24
Coreen Wright; 3rd; 2:10:59
XC Men 30-39
Erik Bedell; 1st; 1:17:52
XC Women 30-39
April Paige; 3rd; 1:34:45
Half XC Men 40-49
Dave Wright; 1st; 45:48
We can't wait to see what happens at Indian Creek on May 18!
BRC Real Estate is proud to sponsor Avout Racing, which is becoming the dominate mountain bike race team in Colorado. Avout Racing supports human powered racing through team and individual sponsorships. In the future, Avout Racing will also support motor powered racing. Avout Racing won the overall team series at Winter Park’s Epic Singletrack Series for two of the last three years.
Published April 10, 2013 16:22
In 2013, why not enhance your home with the latest in technology? Jason Reynolds, Executive Vice President of the Residential Division, reveals how you can enhance your home and make your life easier. You will be the envy of the neighborhood!
1. Laser Robot Vacuum
This awesome little robot by Neato Robotics does the dirty work for you. Not only will it clean the house after you go to sleep, but it has a special laser that maps the home. This little guy knows where it's been and where it hasn't, and when it's done it drives itself back in the closet!
2. Heated Driveway
If you live in a cold weather state, shoveling snow is a dreaded fact of life. What if you could throw the shovel away? Heated driveway technology, utilizing mats and cables within the driveway, can eliminate strenuous snow removal from your life.
3. Thermal Imaging Gun
High energy bills taking their toll? Try the Black and Decker thermal leak detector. With this little guy you can check your home for energy leaks. The infrared thermometer will detect leaks and let you know where the hot and cold spots are.
4. Sun Tunnel
Looking to add natural light but a sky light may not be viable? Try the Velux Sun Tunnel. This cool flexible tube can find its way around obstructions and deliver a perfect amount of light into your room.
5. Wireless Can Light Speaker
The Klipsch LightSpeaker system gives you the best of both worlds. This wireless speaker screws right into your can lighting. It even comes with an efficient LED light.
Published February 14, 2013 14:53
Growing up here in Denver, if you know anything about the commercial real estate industry, you know the name Frederick Ross. I sure did, because my father has worked for them for the last three decades. Frederick Ross Company is the oldest full-service commercial real estate firm in Denver, Colorado and a partner of Newmark Grubb Knight Frank (NGKF) since 2010. The company has gone through a lot of changes, but none bigger than the one that was finalized at the end of 2012: the acquisition of the Frederick Ross Company by Newmark Grubb Knight Frank. NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. Together with its affiliates and London-based partner Knight Frank, Newmark Grubb Knight Frank employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents according to newmarkkf.com.
But what does this acquisition mean for the Denver Commercial Real Estate Market? There is no short and easy answer here, but let us take a very brief look.
I like to call them the big six: CBRE, Colliers International, Cushman & Wakefield, Cassidy Turley, Jones Lang LaSalle, and Newmark Knight Frank Frederick Ross (Grubb & Ellis, another story in and of itself, is now park of #6). Of course there are other big players in the Denver market: Legend, Transwestern, Unique, Pinnacle, CRESA, and Studley just to name a few. But these “big six” brokered over 51 million square feet in 2011 (office, industrial, and retail) in the Denver area according to the Denver Business Journal’s Book of Lists and most likely even more in 2012 as the market continues to show signs of recovery.
Frederick Ross has a rich and storied history. Founded in 1888 by Frederick Ross, the company has grown and prospered with the city during the 20th century. Jack Box, one of the region's most respected leaders and visionaries in commercial real estate, has served as president and chief executive officer of Frederick Ross Company for 24 years and will assume the title of chairman for this NGKF region.
The size and scope of these “big six” allow them to do what the smaller firms can’t: provide international service capabilities, unique access to capital market resources, and global reach. But with size also comes some disadvantages. Hence, Newmark’s acquisition to tap into the local expertise of Frederick Ross and the trusting relationships that have been created by people such as Jack Box and my father.
From personal experience and a perspective from afar, I have seen how the Denver Commercial Real Estate market has changed. And as a new entrant into the Denver commercial brokerage work force, I can see only positive signs for the growth of Denver and the health of the commercial real estate market in my lifetime. It is exciting to see these “big six” firms taking notice of our “small” market and the positive signs of growth.
As a new chapter begins in the long history of the Frederick Ross Company, I contemplate where the “big six” are going. Will we see only the “big two” in my lifetime? Newmark Grubb Knight Frank Jones Lang La Salle (NGKFJLL) and CBRE Cassidy Turley (CBRECT)? What does this mean for the small and mid-size firms like my own? Where do we fit in this new competitive landscape? I see our company and our leaders as a modern-day Frederick Ross, understanding the importance of community involvement, quality customer experience, and responsible professionalism in developing and serving the community in which we are a part.
On a personal note, I am sad to see the Frederick Ross name go. I remember going into the office with my father in the 1990s when Ross was in the Equitable Building. I remember my internships at Ross and Westfield Development as a college student when they were in the Johns Mansville Building. And I also remember the transition to the new, beautiful 1800 Larimer building in which they now occupy. This building evolution is in a way symbolic of the company’s growth and success. But I will always treasure my Ross coffee mug that my father received from Ross for his continued support, service, and professionalism.
BRC Real Estate
BRC Real Estate
Published January 29, 2013 11:22
Tune in to Pie "As Seen on TV" Konchar's YouTube channel to follow what he is up to and tour beautiful homes in the Denver Metro Area from your seat! Did you know that he was on an episode of House Hunters?
Pie has 11 years of experience in real estate serving the Highlands Ranch community with honesty, integrity and high-end customer service. He has a unique background that is nicely suited to make him a well-rounded, hardworking and resourceful real estate agent. Pie’s character and work ethic make him well respected by clients and peers and are important assets that enable BRC to be the best real estate firm in south Denver.
Published January 22, 2013 14:30
Our commercial division sealed 2012 with several noteworthy transactions throughout Metro Denver. Be on the lookout for where we venture to next.
Batten & Shaw, Inc. leased 2,161 square feet at 14 Inverness Drive East, Suite F124 in Englewood, Colorado. Michael Bright of BRC Real Estate represented the Tenant, and Keith Bell of Newmark Grubb Knight Frank represented the Landlord, 14 Inverness Properties, LLC c/o Global Properties, Inc.
CZP Warehouse Den One, LLC purchased 1,216 square feet at Premises Personal Warehouses, located at 9345 Commerce Center Street, Unit E7 in Highlands Ranch, Colo. for $82,500. Steve Garrison of BRC Real Estate represented the Seller, Matthew Morrow.
K & S Insurance leased 1,030 square feet at Villager Square, located at 9032 W. Ken Caryl Ave., Suite A7-B in Littleton, Colo. Steve Garrison of BRC Real Estate represented the Tenant, and Blake Kahlich of Prime Management, LLC represented the Landlord, Village Square Center, LLC.
Lumiere Industries leased the former Peak KIA 20,600 sq. ft facility at 5057 S. Wadsworth Way in Lakewood, Colorado for a 5 year lease. Steve Garrison of BRC Real Estate represented the Tenant, and the Landlord is SLT Properties No. 6, LLC.
My Body Renewed leased 1,310 square feet at Office Court on Inverness, located at 88 Inverness Circle East, Suite A105 in Englewood, Colorado. Carole Schumacher of BRC Real Estate represented the Landlord, Creekside Two on Inverness, LLC.
Nationwide Direct Mortgage leased 3,734 square feet at Office Court on Inverness, located at 88 Inverness Circle East, Building M in Englewood, Colorado for three years. Carole Schumacher and Steve Garrison of BRC Real Estate represented the Landlord, Cordovano & Honeck Building Fund, LLC, and Brian Wingate of Unique Properties represented the Tenant.
688 Bryant, LLC purchased 9,153 square feet at 688 N. Bryant Street in Denver for $525,000. Carole Schumacher and Steve Garrison of BRC Real Estate represented the Seller, Platte River Holding Company, Inc.
Laszlo Enterprises, LLC purchased 1,737 square feet at 11184 N. Huron Street, Unit 10 in Northglenn, Colo. for $105,000. Carole Schumacher of BRC Real Estate represented the Buyer and Jeff O’Grady of Domaine Real Estate represented the Seller, Pueblo Bank & Trust Company.
Rocky Mountain Real Estate, LLC purchased 2,185 square feet at Powerhouse Plaza, located at 495 Uinta Way, Suite 140 in Denver for $238,500. Carole Schumacher of BRC Real Estate represented the Seller, FirstBank, and Greg Bante of Jones Lang LaSalle represented the Buyer.
Joseph Niebur purchased 3,101 square feet at Meadows Professional Plaza, located at 3740 Dacoro Lane, Suite 200 in Castle Rock, Colo. for $170,000. Carole Schumacher and Steve Garrison of BRC Real Estate represented the Seller, Catlin Meadows I, LLC, and Matt Call of NavPoint Real Estate Group represented the Buyer.
Anthem Memory Care leased 1,855 square feet at South Broadway Medical Center, located at 7261 S. Broadway, Suite 102 in Littleton, Colorado to be used for a short term office while their facility is being constructed immediately to the north of the building. Carole Schumacher of BRC Real Estate represented the Landlord, Poturalski Investment, LLC.
Published January 22, 2013 11:25
BRC welcomes Brenda Potthoff and Russell Haigh to our team as the new Accounting Assistant and Community Manager, respectively. We are excited to have both of you on board.
Brenda was born and raised in Iowa. After receiving her associate degree in accounting she moved to Colorado. She has worked in the accounting field for more than 26 years. In 1993 she earned her Colorado Real Estate License. Brenda sold real estate with her parents from 1993 to 1999. Brenda worked for for Metic Properties and was the broker for two properties in the Denver area. In the past five years she has gone back to the accounting field. Brenda and her husband Brett have three beautiful girls.
Russell comes to us with 15 years experience in managing community associations. He has managed associations in the Phoenix, Ariz. area and the last five years he has managed communities along the Front Range. He has a Masters Degree in Secondary School Administration and is working to complete his AMS certification in community management. He has managed all different types of communities from large scale single family associations to small condominium associations. He believes that all owners and residents share a value in their community and are the most important factor in making a community the best it can be. He loves all types of sports, baseball being at the top of the list. He is a family man with a wife and three boys.
Published December 24, 2012 10:37
Our 'Twas the Day After 5K Family Run has been postponed due to potential inclement weather. Stay tuned for when a future date has been decided. Thank all of you for your interest! Happy Holidays!
Published December 21, 2012 09:19
Happy Holidays to all!
Our office will be closed Dec. 24-26 and Dec. 31-Jan. 1.
Don't forget to sign up for our 'Twas the Day After 5K Family Run!
Published December 10, 2012 16:26
WHO: All ages! Santa is also welcome to start his post-Christmas slim-down.
WHAT: 5K Race
WHEN: Wednesday, December 26th at 9 am
WHERE: BRC Real Estate office (9331 Commerce Center St., #A1, Highlands Ranch, CO 80129)
Race is FREE, but please bring one canned food item per participant for Food Bank of the Rockies. Refreshments and giveaways provided!
See a map of the course below:
Contact email@example.com with your race category to sign up!