6744 Mineral Loop in Silver Gate Ranches, Park City, Utah

One of our newer listings, 6744 Mineral Loop, in the Silver Gate Ranches neighborhood of Park City, Utah, has a new aerial drone video for you to check out:


Thanks for watching, and let us know if you have any questions! Send us an email at Info@TheWilsteinTeam.com, or call our office at 435-487-0151.

How to Buy a Property in an Evolving Market

March 2015 Buyer Alert Webinar

• Know about available properties before they officially come on the market.
• Receive notification from us as soon as a property matching your criteria comes on the market.
• Get professional advice when the right property becomes available, so you don't make a mistake.
• Have various strategies available from us to use in negotiations, based upon your circumstances.

-Dean

 

Park City Market Talk Webinar
January 2015

• Sundance Film Festival Park City will be hosting the Sundance Film Festival January 22 through February 1, 2015. Plenty of films, parties, celebrities and activities. We will give you the details.
• Park City Market Update We will examine what sold in Park City in 2014 in terms of number of sales and sold prices for homes, condominiums and vacant land. We'll share which areas and types of properties appreciated the most last year and what is expected in 2015.
• The Largest Resort Improvement Project in the History of American Skiing Vail Resort will be investing $50 million into PCMR and Canyons Resort during the next 12 months. This is a largest improvement plan ever in the ski industry. We'll share the details of their plans.
• The Best Ski Track application for your Cell Phone We'll introduce you to one of the best cellular ski tracking applications for your phone. It will monitor your entire ski experience from keeping track of your runs (where you ski or ride, your speed, vertical elevation, etc.) to storing photos and other information for your memories and to share with your friends.

Contact me at 1-800-585-0151 or Ron@TheWilsteinTeam.com with all of your Park City and Deer Valley real estate needs.

How to Buy a Property After Vail's Purchase of PCMR (special webinar)

   The strong Park City Real Estate Market is in a very competitive stage for buyers, due, in part, to the "Vail Factor" and the opening of the 2014/15 ski and snowboard season. It is imperative for buyers to be well informed, especially in negotiation skills, when submitting an offer on the property they hope to buy.     

     Jeremy Wilstein and Dean DeLeone will prepare you for your negotiations with their Special Buyer Alert Webinar,"How to Negotiate to Get the Property You Want." They have broken down properties into "A" and "B" categories. An "A" property is a very hot property while a "B" property is not as desirable. Then, they explain the negotiation strategies for submitting an offer on both "A" and "B" properties.

     Buyers can stack the odds in their favor when purchasing a property and get the best possible deal.

Jeremy Wilstein and Dean DeLeone, Buyer Specialists The Wilstein Team Keller Williams Park City Real Estate 435-487-0151 or 1-800-535-0151 Jeremy@TheWilsteinTeam.com  Dean@TheWilsteinTeam.com

PCMR Will Open This Winter

Contact me at 1-800-585-0151 or Ron@TheWilsteinTeam.com with all of your Park City and Deer Valley real estate needs.

Watch a short webinar to learn the latest details on the Park City real estate market. Click the image below:

 

The Legal Saga Continues for Park City Mountain Resort

At The Wilstein Team's office at Keller Williams Park City Realty, we have been keeping a close eye on the news about Park City Mountain Resort's legal issues with Talisker. This article on nbcnews.com is the newest in a long line of updates:

http://www.nbcnews.com/business/business-news/skiing-standoff-could-be-downhill-run-park-city-utah-n191551

We are anxiously awaiting the judge's decision and may know more as early as tomorrow, but no later than Friday.

Send us your comments or opinions about this hot topic!

Contact me at 1-800-585-0151 or Ron@TheWilsteinTeam.com with all of your Park City and Deer Valley real estate needs.

Team Park City 2014 Olympic and Paralympic Homecoming

Come celebrate and honor our Park City athletes who competed at Sochi in the Olympics and Paralympic games. There will be a homecoming parade and celebration on Saturday, April 4, 2014 from 1-4PM. Don't miss it!

Contact me at 1-800-585-0151 or Ron@TheWilsteinTeam.com with all of your Park City and Deer Valley real estate needs.

Watch a short webinar to learn the latest details on the Park City real estate market. Click the image below:

-Ron

Ron Wilstein, TWT Broker and Leader

THE WILSTEIN TEAM

www.TheWilsteinTeam.com

Keller Williams Park City Real Estate

1750 Sun Peak Drive

Park City, Utah 84098

435-487-0151 or 1-800-535-0151 (office)

435-487-9416 (fax)

What is So Important about Absorption Rate?

Absorption rate tells you how fast a property will likely take to sell based upon the rate of recent sales of comparable properties. The absorption rate of similar sales provides important information to sellers and buyers alike.

The math is simple. First, identify similar properties that sold during the past year within similar neighborhoods or condominium projects and within a specific price range. Next, look back 12 months to find out how many similar properties sold. Now divide 365 days by the number of sales; this will give you the rate of sales for this sample group (for instance, one sale every 37 days on average). Finally, multiply the number of active comparable listings by the rate of sales to determine how long it should take for the current inventory of comparable properties to be purchased by buyers or absorbed into the marketplace.

WHAT DOES ABSORPTION RATE TELL SELLERS?

When a property owner evaluates selling his or her property they are usually given data on comparable sales in order to determine the fair market value for their property. If an absorption analysis is provided, the seller can see how long it should take to sell their property if no additional similar properties come on the market. Based upon the unique circumstances of the property owner, he or she can plan on how long it should take to sell the property in the current market.

If an owner is selling the property due to a job transfer that will occur within the next 45 days, the absorption rate will help the seller price his or her property to sell within a specific time period, assuming it is listed at a reasonable price.

WHAT DOES ABSORPTION RATE TELL BUYERS?

Absorption rates are important to buyers because they provide buyers with an estimate of how long it will take a property to sell that he or she may be interested in purchasing. If properties are selling quickly in a neighborhood or condominium project, or the supply of homes or condos for sale is very limited, the buyer knows that he or she should act quickly in submitting an offer in order to arrive at an acceptable price with the seller.

On the other hand, if there is a large supply of properties for sale, a buyer does not have to act as quickly to put together a deal. The buyer may be able to negotiate a lower price from a seller if the condominium project or neighborhood has had fewer sales. The information that a buyer derives from an absorption rate analysis can tell that buyer if he or she should act quickly and pay near or at the seller's list price, or start with a lower price offer to get a better deal in markets with fewer sales.

Contact me at 1-800-585-0151 or Ron@TheWilsteinTeam.com with all of your Park City and Deer Valley real estate needs.

-Ron

Ron Wilstein, TWT Broker and Leader

THE WILSTEIN TEAMwww.TheWilsteinTeam.comKeller Williams Park City Real Estate1750 Sun Peak DrivePark City, Utah 84098

435-487-0151 or 1-800-535-0151 (office)
435-487-9416 (fax)