Real Estate Broker In Vail
The Eagle Valley and Vail Valley areas of Colorado, which include the towns of Vail, Beaver Creek and Eagle, are a tourist destination and retirement mecca for millions of visitors and residents alike. The towns that make up part of Eagle County are located about 140 miles west of Denver along Interstate 70, high in the mountains that make up the Front Range of the Rockies.
The area sees a large influx of tourists during the summer months, but the population really swells in the winter when the ski resorts at Vail and Beaver Valley open for business. In fact, the Eagle County Regional Airport is the second busiest airport in the state when visitors pour in to enjoy the area’s excellent skiing conditions.
Ski enthusiasts can take advantage of the numerous downhill, cross-country and snowboarding trains available on Vail Mountain and Beaver Creek Resort. Visitors wanting to take a break from skiing can ice skate or go snowmobiling, shop or relax at a spa, enjoy world class restaurants and take in concerts and other events. Summer activities include playing at several golf clubs around the area, horseback riding, hiking and mountain biking.
Retirees appreciate the favorable tax situation in the area. Property taxes are low in small towns around the popular tourists destinations. The state’s sales tax is under three percent, and local taxes aren’t unbearable. The state doesn’t assess inheritance or estate taxes. Retirees also get exemptions on some of their retirement benefits, such as pensions or Social Security payments. Many retirees find that the cost of living can be quite affordable in Eagle County.
Many retirees who are still active enjoy the numerous recreational opportunities found in and around Vail. Of course, the amazing views of high snow-capped peaks, roaring rivers and forested slopes draw many people to the rugged, natural beauty of the area.
The Vail and Eagle Valleys have experienced the same kind of housing difficulties that the rest of country has gone through in the past four years. However, as of Dec 2011, the number of properties for sale in Eagle County has dropped almost 30 percent from the same time in 2010, while the number of sales increased by about 10 percent during the same time period. The average sale price per square foot has rebounded by almost 25 percent over a low point in the fall of 2010.
The average length of time a property remains on the market has decreased slightly since the fall of 2010. While the average price asked for a property has remained static, the actual sales price of properties has fluctuated rather markedly over the past 15 months, swinging between 35 percent and 75 percent of the asking price. The number of properties available in a given month has also dropped by almost half since September of 2010.
Beaver Creek currently has a large inventory of high-end luxury homes for sale, which is driving their price down. The area has seen very little movement in home sales recently. Similarly, Vail home prices continue to drop, although the asking prices aren’t nearly as steep as those in Beaver Creek. In Vail, condominiums and townhomes are selling slightly better than single-family homes. Eagle home prices are up about 20 percent in the past year; however, prices are still down substantially from their high point in 2005.
The employment outlook is rather grim for the county at this time, but fortunately the tourist industry is remains robust. Investment rental properties can be picked up at discounted prices now. The short-term rental market remains active, especially during the winter months. People who want to buy a retirement or vacation home will have plenty of homes to choose from. Many people are also choosing to rent a retirement or vacation home on a long-term basis. The large inventory of homes available offers buyers lots of choices.
Buying or selling a home is frequently the most important financial decision a person makes. If he doesn’t carefully consider what he wants and needs in a real estate agent, he may not get the property he wants, or he may pay more than it’s worth. For those reasons, a real estate client, whether he’s buying or selling, needs to conduct a thorough search for the right agent. There are some steps he can follow that will help him.
Friends can be a good source of referrals, but they shouldn’t be the only criteria used to choose an agent. It’s a good idea for a client to choose the realty company he wants to work with first, and then ask the company to recommend their top agents. A buyer or seller should consider working with a Realtor, an agent who is a member of the National Board of Realtors and follows that board’s strict Code of Ethics. When using a Realtor, a real estate client can tap into the Realtor’s Multiple Listing Services (MLS) access, which provides information on homes listed by other agents and companies.
It’s a good idea to find an agent who has experience working with homes in the client’s price range. For example, an agent who works primarily with homes that are being flipped may not know what to focus on when handling a multi-million dollar property. The agent’s schedule should also mesh well with the client’s to effectively market a home or help him find the right home for him. Finally, it’s essential that an agent listen to the client’s needs and priorities, since they are a team working together to either sell the client’s home or help him find one to buy.
It’s imperative that a client interview agents before hiring one to work with him in buying or selling property. Experts recommend talking with three agents from three different real estate firms. A client wanting to buy or sell a home should be certain that the agent he hires will work hard for him and keep his best interests in mind at all times.
Eagle Valley Realty specializes in luxury homes in the Eagle County area, particularly in the cities of Vail, Beaver Creek and Eagle. Some of the other towns served include Arrowhead, Eagle Ranch and Gypsum. Communities that Eagle Valley Realty works in include Red Sky Ranch, Vail Valley and Wildridge.
Eagle Valley Realty offers a number of different services to clients who want to buy or sell a home. When an interested client is ready to look for a home to purchase, an Eagle Valley Realty agent will act as the buyer’s agent, providing resources to help the client find the home that best fits his needs. An agent who represents a client selling a home works hard to make sure the home is marketed effectively online as well as through traditional marketing methods. One of the areas in which Eagle Valley Realty focuses is dispensing information on the client’s property for sale using social media such as Facebook, Twitter and YouTube.
Not only does Eagle Valley Realty help clients who want to buy or sell, the company also offers rental services for vacationers or retirees who don’t want to buy a home. The rental properties available run the gamut from small cottages to executive mansions. Condominiums, homes and apartments are all available to rent for a week’s vacation or for more permanent rental as a retirement or vacation home. Eagle Valley Realty’s vacation rentals of luxury properties in the Vail area feature Concierge Services, which will take care of the numerous details of a vacation get-away. Shuttle service from the airport, ski rentals, laundry service and restaurant reservations are all handled for the client in a stress-free manner.
Some people want to build their dream home rather than purchasing a previously-owned property, or they may plan to develop residential communities or commercial ventures. These clients are looking for land to buy. Eagle Valley Realty has been highly effective for years in helping clients find land to buy at the best return on investment possible. In particular, the company is known for its experience in finding government listings of properties that are being auctioned or foreclosed on.
The real estate firm also works with foreclosures, including bank and government foreclosures, distressed properties and commercial foreclosures. The unfortunate downturn in the housing market over the past few years has provided excellent opportunities for buyers to find bargains that had been unaffordable even a few years ago.
Commercial developers can work with Eagle Valley Realty agents to plan, implement and complete commercial real estate projects of any size. The company has years of experience in working with developers to design and implement construction of retail shopping centers, industrial parks, manufacturing projects and even mixed use projects. Eagle Valley Realty provides instruction and guidance for all stages of the project, from site selection to help with government permits, construction management and needed certifications.
Real estate clients looking to buy or sell a property, whether it’s a single-family home, a vacation condo or a retail space can trust Eagle Valley Realty’s commitment to helping them find the property that fits their needs perfectly. The real estate firm has a well-founded reputation for excellence that has been developed through years of experience in Eagle County’s numerous communities. The company’s integrity and dedication to customer service make it an excellent choice when a client wants to buy, sell or rent a property in the highly desirable areas of Vail and Beaver Creek.
Eagle Valley Realty agents prove commitment to excellence many times over as these agents listen carefully to clients before, during and after the sale of the property. For this and other reasons, a client getting ready to buy or sell a home or commercial property in Vail, Eagle or Beaver Creek should make sure they talk with an Eagle Valley Realty agent. It’s easy to contact the company for information or to schedule an appointment through the website at www.eaglevalleyrealty.org. It may be the best decision a real estate client can make.
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