What's happening at House Einstein? [Team Update]

What’s happening at House Einstein? [Team Update]

Osman Parvez|October 14, 2021|Uncategorized|

Note: This post was published in the October 10, 2021 edition of Fresh Listings, House Einstein’s newsletter on market conditions and an honest discussion of select new listings to hit the market. Sign up HERE.

In short, things are busy.

The team has been very active with real estate clients. This week alone, we negotiated two low appraisals, finding solutions that worked for both buyers and sellers. We also had several bidding wars for our clients shopping in Mapleton Hill, Newlands, and Wonderland Lake.

In one case, a property that our clients were preparing to submit an offer on suddenly went under contract. It was particularly frustrating because our calls, emails, and texts to this listing agent (over the course of a week) went unanswered. Supposedly the agent was out of town and also dealing with a family situation, but lack of responsiveness is also not an uncommon story with Realtors. If sellers could really see how agents represent them, or in some cases fail to represent their listings, it would be a shock to the real estate ecosystem. Sadly, much of this behavior is hidden.

In another recent transaction, we lost out on a multiple offer situation on a hot new listing. Our team did everything right – we were one of the first showings on the property, submitted a very aggressive offer with few contingencies, and had great communication with the listing agent. In the end, we were outgunned by a buyer with virtually unlimited resources and a willingness to pay a far higher premium for a rare home.

Sadly, the market does not always reward a disciplined approach, not for every listing and not in the short-term. In the long run, yes.

In other news, we’re continuing to expand our activity in Summit County and we’ve begun planning our first corporate retreat. We’ll share more details in the near future.

Osman Parvez is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.

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We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

Osman Parvez

Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.

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What’s happening at House Einstein? [Team Update]

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Osman Parvez