At Perry & Co. we have a lot to be thankful for this year…

Thankful most of all for our Employees, Realtors & Clients who’ve stuck with us through the lean years and have worked so hard this year after the market rebounded. Also thanks to our many international real estate partners for their continued support and referrals!

Here is our 2012 Thanksgiving Help List with all the important links you’ll need for your Thanksgiving Day preparations:

And if you Love this list please “Like” us on FacebookFrom all of us at Perry & Co., have a Happy & Healthy 2012 Thanksgiving!

turkeyChuck Anderson, Bonnie Arnold, Dagley Arnold, Claire Averill, Carla Bartell, Sue Bickert, Dave Browning, Michele BrumelleTiffany Burke, Sandy Colling, Gina Cornelison, Biz Dominick, Petey Fletcher, Sally Gardenswartz, Diana Garrett, Sandy Gelt, Lynne Gertz, Kathy O’Donnell Gibson, Jacob Gram, Brooke GranvilleKatie Hulings, Kim Hutchins, Ann Kennedy, Kim Kouba, Don Larrance, Jon Larrance, Corrie Lee, Kristi Lucas, Thorn Luth, Betsy Lutz, Colleen McGrath, Katie Nicholson Millice, Jeanne Moore, Karen Nichols, Pam ParkerBarb Perry, Ed Quinn, Courtney Ranson, Nicole Ridley, Derek Rinetti, Brett Sawyer, Jennifer Schell, Amy Shonstrom, Boe Sullivan, Mary Sullivan-Ridge, Kelly Rose Tierney, Katie Thomas, Magi Trousdale, Cindy WebbMary Pat Wilson


The old cliché of the overbearing landlord and dissatisfied tenant is too often considered a harsh reality. However, this only happens if both parties let it be true – it doesn’t have to be this way at all. Landlords and tenants can have pleasant relationships if they take the right measures. It will make for better business for the property manager and a better living situation for the tenant.

1. Be Upfront with Rules in the Beginning

Before a tenant moves in to rental, the landlord and tenant should make sure they are on the same page. This means going over the lease with a tenant is crucial to setting the right tone for the relationship.

Often tenants feel blindsided by stipulations that are covered in the lease but never addressed by the landlord. Going line by line through the lease can clear up all of the regulations and prevent nasty surprises on either end. This will prevent any potential disputes as to what the rules of the rentals are and can promote dialogue with any subtle discrepancies that may arise later on.

2. Make Yourself Available

When problems with the rental arise, not being able to get ahold of their landlord can be very frustrating. Property managers need to make it a priority to be available when their tenants need them. This often comes up with maintenance issues. Responding quickly is also important. Replying to urgent requests in a timely matter shows that the landlord is committed to insuring a safe and stable environment for the tenant, as promised with their lease agreement.

Tenants should also have a direct way to contact their landlord. A phone number, e-mail address, and mailing address should all be provided to a tenant. Some landlords may even opt to use social media platforms with tenants as well, but this should really only be used if the landlord intends to check it regularly and does not use it to publicly call out a tenant.

3. Respect Privacy

One of the biggest grievances a tenant can have with their landlord is if the landlord enters the home without notice or while the tenant is away. Many see this as an evasion of privacy and can be the catalyst for a lawsuit. It is important to always call ahead and clarify with the tenant when a good time for you to come by would be.

Even when the tenant has been given a warning that you are going to be entering the home, it is important that you make as little disruption to the space as possible. In some cases, you may have to move things to access pipes, circuit breakers, etc. but it is crucial that you put everything back where it was when you got there. Letting the tenant know you had to move things before they ask can also reassure them that they can trust you and they will appreciate the sentiment.

4. Go Out of Your Way

When you are aware of something that needs to be done for the rental and the tenant hasn’t reported yet, offering up to fix it first can be a great way to show your tenant you are willing to go above and beyond to make the effort.

Replacing aging fixtures, built-in furniture and improving the yard are just a few examples of things that could be instigated by the landlord. With things that directly hinder tenant lifestyle, these things should be taken care of immediately and the tenant should alert you in this case. However for things which simply improve the quality and aesthetic, the landlord can also instigate developments.

5. Check In (But Don’t Be Overbearing)

Making it a point to check in once a month or once a quarter is a good way to make sure your tenant’s needs are being met and that they are satisfied with their service. You should take note on how you can improve; often this can carry over to other tenant’s as well. This all can be done via a phone call, email, or whatever the tenant is most comfortable with.

Keep check-ins at a reasonable frequency, keeping to a prescheduled pattern as much as possible. Calling a tenant up every week is overbearing and shows distrust with the tenant. If it is something routine, then it can be assumed that it is protocol. If a landlord is calling of the time to see how the house is it’s assumed he or she thinks the tenant is doing something wrong.

About Our Guest Author

Dusty Henry is the editorial intern for the internet’s largest database for landlords, All Property Management. Find property managers in your area with All Property Management’s superior search function. Landlords listed on APM also offer free quotes.


Perry & Co. Realtors has announced that President & Managing Broker Heather Parness has resigned effective June 16, 2012. Heather joined the company in September of 2009.

As President & Managing Broker of Perry & Co. Heather oversaw Realtor productivity, regulatory adherence and agent recruiting.

I am appreciative of the opportunity to have worked for Perry & Co., and having worked with Don Larrance,” said Ms. Parness.

Perry & Co. CEO R. Don Larrance said, “We enjoyed our association with Heather and wish her every success in her future career.”

Perry & Co. management has yet to name a replacement. Company COO Jon Larrance, and a committee of company agents, are currently conducting a statewide search for a replacement, and in fact have identified several suitable candidates. In the meantime, Don Larrance will resume the role of Managing Broker, a position he held at the Denver Metro real estate company for roughly 20 years prior to 2009.

 

 


Perry & Co. south Denver metro real estate agents gathered at the DTC/Belleview Promenade office to say good-bye to their neighbors of 10 years in preparation for their move to The Village Shops at The Landmark in July. They delivered potted geraniums with farewell cards describing the location of the new office.

We’re excited about our move, but we’ll miss our nice neighbors,” said Kim Hutchins, Perry & Co. Broker Associate who delivered flowers to Fleur de Lis gift shop.

Perry & Co. Real Estate Professionals is moving to The Village Shops at The Landmark into a larger space which will provide a brighter work environment and more opportunity for expansion.

We couldn’t be more thrilled about moving to The Landmark because of the active night life and weekend activity there,” said D.J. “Sandy” Colling, Perry & Co. DTC/South Suburban office Sales Manager.

The new address will be 5425 Landmark Place #F-104, Greenwood Village, CO 80111. All company phone numbers remain the same with 303-399-7777 staying the main company number.


Perry & Co. Real Estate Professionals, Denver, CO - perryandco.com(UPDATED 7/3) Perry & Co. Real Estate Professionals has compiled this list of 2012 Metro Denver Front Range Colorado July 4th Fireworks Displays for your convenience.  And if you Love this list please “Like” us on Facebook!

Here’s a quick list from 9News.com of cancelled and not cancelled Colorado shows. See below for more detailed information.

Aurora: July 4 9:30pm Contact: 303-739-7756 auroragov.org Aurora Municipal Center 15151 E. Alameda Pkwy. Aurora , CO 80012 FIREWORKS CANCELLED

Arvada: July 4 3pm-10pm Contact: 720-898-7000 arvada.org Stenger/Lutz Complex – W 58th Ave & Oak St. Arvada, CO. Various activities, events for children, food, live music, and more. FIREWORKS CANCELLED

Boulder CANCELLED

Breckenridge CANCELLED

Brighton: July 4 9pm brightonco.gov Friendship Park S. 8th St. & Southern St. Brighton, CO. Concert & Fireworks around 9pm

Broomfield: July 4 7pm broomfield.org Contact: 303-464-5509 Broomfield County Commons Park 13200 Sheridan Blvd. Broomfield, CO 80020 Various family activities, free concert by Soul School at 7pm. Fireworks around 9:15

Castle Rock CANCELLED

Commerce City: July 3 7pm-10pm Contact: 303-727-3500 coloradorapids.com Dick’s Sporting Goods Park 6000 Victory Way Commerce City, CO 80022 Fireworks following the home Rapids vs Vancouver Whitecaps soccer game. Tickets start at $22.

Denver  – Civic Center Park/Downtown: July 3 8pm-10pm Civic Center Park on Facebook Colfax & Broadway. Independence Eve details. Colorado Symphony concert and Fireworks. CBS Channel 4 will broadcast the event live and it will take place rain or shine.

Denver – Coors FieldJune 29 & 30 6pm-10pm Contact: 303-292-0200 coloradorockies.com Coors Field Neighborhood Lodo 2001 Blake St Denver , CO 80205 Fireworks after the Rockies vs San Diego Padres games both nights.


Denver – Denver Country Club CANCELLED

Denver – Invesco Field: July 3 7pm denveroutlaws.com Contact: 720-258-3000 Invesco Field at Mile High 1701 Bryant St. Denver, CO 80204 Fireworks after Outlaws vs Ohio Machine lacrosse game – Tickets to game starting at $15.

Edgewater CANCELLED

Englewood: July 4 3pm-10pm FIREWORKS CANCELLED Contact: 303-762-2300 englewoodgov.org Belleview Park (near the corner of Windermere and Belleview) 5001 S. Inca Dr., CO 80110 Field games, activities, and live entertainment from 3 – 9 pm.

Firestone: July 4 10am-10pm ci.firestone.co.us Miners Park, 226 Grant Ave. Live music through the day starting at 11am. Fireworks at 9:30pm at Saddleback Golf Club

Fort Collins: July 4 11am – 10pm fcgov.com Live music, a beer garden and good ole American fun in the Town Square. Fierce Bad Rabbits opening for Ft. Collins Symphony at 6pm. FIREWORKS CANCELLED

Glendale – Infinity Park: FIREWORKS CANCELLED July 3 8:00pm glendale.co.us Infinity Park 950 S. Birch St. Glendale, CO 80246

Glendale – Four Mile Historic Park: July 4 10am-4pm fourmilehistoricpark.org Four Mile Historic Park 715 S. Forest St. Denver, CO 80246 Various activities, games, music, etc. but no fireworks show.

Golden July 4 12:30pm-10pm goldenlionsclub.org Lions Park 1300 10th St & Maple St. Golden, CO 80401 Children’s activities, free rides, face painting, food, live music all day. FIREWORKS CANCELLED

Greeley: July 4 10pm greeleystampede.org Parade at 9am. Live music starting at 11am. Fireworks following the Greeley Philharmonic Orchestra at 8pms at Stampede Park.

Greenwood Village: No Fireworks planned greenwoodvillage.com

Perry & Co. Real Estate Professionals, Denver, CO - perryandco.comGreen Valley Ranch: July 4 8-9:30pm gvrco.com Green Valley Ranch Amphitheatre 4890 Argonne Way Denver, CO 80249 At Amphilitheater & Place. The Julius Show Concert, etc. Fireworks at 9:30.

Highlands Ranch: July 4 11am-10pm hrcaonline.org Directly across from Town Center, at the intersection of Highlands Ranch Parkway & Blake Dr. Highlands Ranch Town Center, and Civic Green Park are great locations to watch the show. Balloon Twisters, Face Painters, Vern’s Mini Train, Hayrack Rides, Games & Inflatables, parades, 5k and 3 live bands. FIREWORKS CANCELLED

Indian Hills CANCELLED

Lakewood: July 3 3pm-10pm lakewoodonparade.org at Jefferson County Sports Stadium located at 500 Kipling St & 6th Ave. Art Activities, Games and Rides for the kids. Live Music (starting at 3pm), Arts & Crafts, Entertainment, and a Beer Garden for the adults. FIREWORKS CANCELLED

Littleton – Belleview Park: July 4 3pm-10pm Contact: 303-762-2300 englewoodgov.org Belleview Park (near the corner of Windermere and Belleview) 5001 S. Inca Dr., CO 80110 Field games, activities, and live entertainment from 3 – 9 pm. FIREWORKS CANCELLED

Littleton – Hudson Gardens:  July 3rd & 4th 7pm hudsongardens.org 6115 S Santa Fe Dr. Lee Greenwood concert on both nights. Tickets $29. FIREWORKS CANCELLED

Lone Tree: July 4 3pm-10pm cityoflonetree.com Sweetwater Park 8300 1/2 Sweetwater Rd. Lone Tree, CO Residents from Lone Tree and Acres Green are invited to attend Lone Tree’s 15th Annual Independence Day Celebration. Wristbands are required for entry . Enjoy live music and a huge variety of activities including, quad bungee trampolines, climbing walls, face painters, caricature artists, airbrush artists, inflatables, clowns, petting zoo and our popular Celebration Hat making activity. FIREWORKS CANCELLED

Longmont: July 4 9:30pm ci.longmont.co.us Boulder County Fairgrounds located at Hover & Boston. Fireworks at 9:30pm.

Louisville: CANCELLED

Loveland: July 4 8pm ci.loveland.co.us Contact: (970) 962-2727 Celebrations at North Lake Park located at the corner of Taft Ave & 29th St. An 80+ member band will play patriotic favorites culminating with the fireworks show at 9:17pm.

Morrison: July 4 3pm-10pm bandimere.com Bandimere Speedway 3051 S. Rooney Rd Morrison, CO Fireworks * Jet Cars * Drag Racing * Troop Salute * Games * Rides * Music * Contests * Magicians *Food * Show * Car Toys Aftershock Stage with live entertainment * More! FIREWORKS CANCELLED. Tickets $20.

Northglenn: July 4 6:30am-10:30pm Contact: 303-450-8800 northglenn.org EB Rains Jr. Memorial Park 11801 Community Center Dr. Northglenn, CO 80233 Patriotic Pooch Parade, 4-mile and ½ mile runs, military recognition, Bike, Trike and Wheelchair Parade and live music. Fireworks at 9:30pm

Parker: July 4 6-10pm parkeronline.org Contact: 303-841-0353 Salisbury Park, 9200 Motsenbocker Rd in Parker. Live music by Under the Radar, local rock and pop band from 6 to 7 p.m., Rocky Mountain Brassworks 35-piece brass band from 7 to 8 p.m. and Buckstein’s country favorites from 8 to 9:30 p.m.  Food vendors and children’s activities. FIREWORKS CANCELLED

Steamboat Springs CANCELLED

Superior: July 4 7am townofsuperior.com Contact: 303-544-0359 Community Park 1500 Coalton Rd. Superior, CO Superior Downhill Mile race, parade, pancake breakfast. FIREWORKS CANCELLED

Thornton: July 4 5pm-10pm 5 p.m. cityofthornton.net 108th & Colorado Blvd at Thorton Multipurpose Fields. Beer Garden & Food Vendors, Thornton Community Band 7:50pm, Longmont Symphony Orchestra 9:30pm. Fireworks at 9:40pm

Westminster: July 4 6-9:45pm Contact: 303-430-2400 ext. 2223 ci.westminster.co.us Westminster City Park 10455 Sheridan Blvd. Westminster, CO Concert by Boogielicious at 7pm, food vendors.  FIREWORKS CANCELLED.

Perry & Co. Real Estate Professionals, Denver, CO - perryandco.comPerry & Co. Real Estate Professionals has compiled this list of 2012 Metro Denver Front Range Colorado July 4th Fireworks Displays for your convenience.  And if you Love this list please “Like” us on Facebook!


Today’s Classified Ad:
Home Sellers Wanted! Ready, willing and eager buyers looking for homes to buy. Multiple offers abound. What are you waiting for? Call now to get your home on the market. 303-399-7777

If we could write a classified ad to help people realize the opportunity that we’re seeing in today’s real estate market, it might look like the above headline. The statistics are just starting to corroborate what we’ve been feeling in our company for the past few months. The market is changing. Buyers who’ve been “on the fence” are ready to get moving. Home sellers in the under $500,000 price ranges with their homes move-in ready and priced correctly are finding themselves with the happy circumstance of looking at multiple offers within days of putting them on the market. Alternatively, our buying clients are lamenting the lack of inventory (42% fewer homes and condos on the market since this last time last year!); they’re ready to buy but they can’t find a house to buy. Help them out won’t you.

See what the Denver Post reported about what’s happening in Metro Denver home sales!

If you’ve been thinking about selling your home, now is an opportune time to work with your Perry & Co. Realtor and get it market-ready and priced right for your neighborhood.

 


Karen Nichols, a 14-year Perry & Co. broker associate likes to prepare her clients in advance of listing their homes about the process they are about to undertake. “It’s an exciting time to be selling your home and considering moving, but it also can be trying – with showings, and feedback on price and often times, waiting for the right buyer.”

It’s the waiting that can be hard for sellers. Counseling patience with sellers in today’s market was the topic in an article in March/April 2012 issue of The Residential Specialist, the magazine published for real estate brokers who have completed their coursework as Certified Residential Specialists (CRS). Karen was recently asked to chime in on how she works with her sellers when their homes haven’t sold.

From the magazine: Karen Nichols, CRS, with Perry & Co. in Denver spends time up front discussing the all-important issue of pricing. Using statistics from the MLS showing days-on-market for similar homes at various price points helps her clients understand how long to expect the sale to take, she says. She shows her sellers both the neighborhood and the broader marketing area. “We look at where things are priced and where they end up selling and the percentage difference between the original price and sold price and ho long it took to get there,” she says.

 Karen likes her clients to understand what to expect before they put their home on the market. “If we can help clients set their expectations realistically, price their home correctly for the market and to understand the process, then everyone is going to be happier.”


Denver’s Perry & Co. Realtors has earned the 2011 Website Quality Certification (WQC), presented February 2012, by Leading Real Estate Companies of the World® to member companies that have demonstrated excellence in website design, functionality and execution.

Every aspect of www.perryandco.com was reviewed to ensure exacting standards were met in six key areas, ranging from design and content to human interactivity to search engine optimization. The WQC was introduced in 2009 to recognize and encourage superior websites among Leading Real Estate Companies of the World’s 550 member firms. Perry & Co. was also awarded the WQC designation for 2010.

In 2011, Perry & Co. optimized their website for mobile technologies – smartphones and tablets. The new site, m.perryandco.com allows homebuyers to search for homes for sale near their current location, connect with company Realtors via social networking, and locate nearby businesses and services via Yelp integration. Currently the mobile site works on all iPad, iPhone, Android and Blackberry platforms.

“With so many people going online to obtain information on homes, communities and everything relating to home buying and selling, it is vital for a real estate firm to have a current, easy-to-use and relevant website,” notes Pam O’Connor, President/CEO of Leading Real Estate Companies of the World®. “By earning the Website Quality Certification, Perry & Co. has demonstrated that it offers fundamental online resources to home buyers and sellers, which are further supported by the expertise only a dedicated real estate professional can provide.”

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About Leading Real Estate Companies of the World®
Leading Real Estate Companies of the World® is the largest network of top independent local and regional brand-name brokerage firms in the residential sector of real estate. The 550 firms affiliated with Leading Real Estate Companies of the World® are represented by 4,600 offices and 140,000 associates in more than 30 countries worldwide. The organization’s leadership is demonstrated by the fact that its affiliates comprise 15 of the top 25 real estate companies in the country. For complete information on LeadingRE statistics, visit http://stats.leadingre.com.


A few years ago, many people were seeing their real estate investments appreciate at incredible rates, and in turn, were doing 1031 tax-deferred exchanges to defer their capital gains liabilities into new investment properties. But in today’s market, many investors see limited or no appreciation in their investment property. In times like this, does it make sense for an investor to sell their property and do a 1031 exchange?

In many cases, the answer is “yes.”

With almost all real estate sales involving improved property, there is the recapture of depreciation to consider. Section 1250 of the Internal Revenue Code requires that depreciation be recaptured at the current rate of 25%, which is higher than the current long-term capital gains rate. For this reason, the ability to defer the recapture of depreciation may make a 1031 exchange very attractive.

There are even more reasons to consider doing a 1031 tax-deferred exchange in a down market:

  • Portfolio diversification (i.e., selling one larger property to acquire numerous smaller properties at today’s prices) or relocating investment properties to another area of the country with faster appreciation,
  • Exchange raw land which produces no income for an improved property which can be rented to create positive cash flow,
  • Exchange into a property that can be used professionally. For example, selling a single-family rental property and purchasing a new property that can accommodate your business, or
  • Exchange from fully depreciated property into to a higher valued property that can be depreciated further.

The value of a 1031 Exchange is considerable, even in today’s market. Leveraging the cash that would otherwise be forfeited in capital gains taxes and/or depreciation recapture makes sense in any market and a 1031 Exchange is the vehicle to get it done.

For specific information about the tax ramifications of a 1031 Exchange, please contact your tax professional. For more information about how a 1031 Exchange can benefit you in various ways contact the author of this article, Carmine DiFulvio, of First American Exchange Company at 800-337-1031.


Perry & Co. Denver Realtor David Browning is a busy guy – successful Realtor, Denver Metro Association of Realtors Director and now… Denver Mayor Michael Hancock’s Housing Plan Task Force Appointee.

David Browning, Broker Associate at Perry & Co. Real Estate Professionals recently joined the 2012 Mayor’s Housing Plan Task Force as a representative from the Denver Metro Association of Realtors in order to assist with the development of a new housing strategy for the City & County of Denver. The bi-weekly task force has already started to meet with the goal of presenting policy recommendations to Mayor Michael Hancock in June 2012. The 17-member board’s recommendations for housing policy must integrate with other related city strategies such as Blueprint Denver, Greenprint Denver and the Strategic Transportation Plan. In addition to Dave’s Task Force duties, he currently serves as a Director on the Denver Metro Association of Realtors’ Board of Directors – as he has since being elected in 2008. In addition to serving on the Board of Directors, Dave serves on many DMAR committees including Governmental Affairs, Finance, Political Survival Fund (aka RPAC) and as the Chairperson of the New Member Orientation Committee.

It wasn’t that long ago that Dave was sitting in the New Member Orientation, as he’s only been a Realtor since 2005. However, in the past seven years as a Perry & Co. Broker Associate, Dave has continued to grow his business, exceeding his sales goals year over year. He earned the DMAR (formerly the Denver Board of Realtors) Rookie of the Year Award in 2006, and has earned Perry & Co.’s Award for Highest Number of Transactions for three years in a row. He’s revered by his fellow Realtors for his generosity of time, neighborhood expertise, sense of humor and is revered by his clients for his extraordinary customer service and attention to detail.

Did we mention that Dave is happily married and is the father of twin 5-year old boys?
Yes, the old adage is true: “If you want something done, give it to a busy person.”




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