“I have loads of meetings today.”
Realtors will often generalize their day as such, though in this line of work the word meetings takes on a wide berth. Allow us to go on a journey together as we explore the typical day in the life of a Denver real estate agent. Let’s begin at the end.
9:00pm: Stilllll waiting
Buyer #1 has submitted an offer with at 8:00pm. An hour has passed, and the sellers have ignored the deadline. In a seller’s market, this is a common occurrence. Be it to shop around the initial offer or merely showing no sense of urgency because there were 6 showings today, the buyers wait anxiously as the sellers explore their options. Text messages and phone calls aplenty, the buyers are justifiably nervous, excited, and a bit annoyed, “Why is there even an acceptance deadline?” they ask. All the while, their Denver real estate agent sets up showings for the next morning while continuously following up with the listing agent.
8:00am: Breakfast — Coffee and a counter
A check of the email upon waking up shows that buyer #1 received a counter on their offer. After leaving a voicemail with the buyers and sending along the counter, the Realtor sets out to meet buyer #2 to begin their tour of 5 homes — three in Wash Park, one a bit further north in Congress Park, and the outlier in Sunnyside further north. Upon arriving at the home in Congress Park, the group finds a line of people waiting to get in. A line! “This one will go quick and have a lot of offers,” the broker remarks.
While driving towards Sunnyside, the phone rings. It’s buyer #1. “We like the terms of the counter but we’d like to see two more houses that hit the market this morning before we accept said counter. Are you free in the next hour?”
10:30am: Scrambling Before Class
One of the homes that buyer #1 wants to see is vacant, and scheduling it is a cinch. The other is occupied , and though the showing is approved there is no time for the owner to remove their three dogs. Everyone is on high alert touring that second home. Two of the dogs are cuddly, but the alpha is not happy. “Why are these strangers in my house?” the dog demands.
After a short consultation, buyers #1 decides to counter the counter.
12:00pm – 2:00pm: Shameless Your Castle Plug
Time for the Real estate trends class at the Your Castle Real Estate office. Though geared towards real estate industry folks, these class are open to anyone interested in learning more about the Denver market. They revitalize even the most jaded agents, and the Denver real estate agent leaves feeling fresh.
4:00pm – Negotiations
The counter of the counter is presented verbally, and the back and forth is not nearly as entertaining as half the shows on the Bravo Network might suggest. Call the listing agent, call buyer #1…repeat. In the midst, buyer #2 calls. “Can we go check out the home in Congress Park again this evening?”
6:00pm — The Second Showing
Yep, buyers #2 found their house! A call into the listing agent yields the dreaded response. “We have 4 offers, one of which is all cash.” The broker relays the message to buyers #2. They decide to write an offer anyway — it’s worth a shot. The group spends the next 45 minutes at a coffee shop around the corner reviewing the contract. “14 pages. It’s a lot of words relaying similar ideas, but it’s important that you understand what you’re signing,” the broker remarks.
8:00pm — Next Steps
Buyer #1 and the owner of the house of interest have reached an agreement. Under contract! The broker calls the buyer’s lender to let them know of the good news and reaches out to the inspector. “I know it’s last minute, but do you have any availability in the next three days?” the broker asks the inspector. “We had to write in a tight inspection objection deadline in order to get this house as a decent value.”
10:00pm: Stilllll waiting
Buyers #2 don’t want to go to sleep nervously awaiting a response from their offer. At 10:30pm, the broker receives an email from the listing agent on the home that buyers #2 submit an offer on. “Thank you for submitting an offer. We now have 6 offers in hand. We’ll be reviewing tomorrow at 10:00am.”
In summation, ‘meetings’ is a generic term that encompasses showing homes, reviewing contracts, attending classes and inspections, and showing homes again, to name only a few. It’s a big dance that sometimes feels like the waltz clashing with the worm, but when buyers settle into their new homes, the Denver real estate agent knows that it is worth it.
2 months later, 7:00am
Buyer #1 calls. “The washing machine in my new home is leaking. Who is responsible for this?”