Tag Archives: Metrolist

Business

Denver Real Estate Market Shows Signs of Rebound

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Metrolist Data Show Supply And Demand Beginning To Intersect In One Of Nation’s Bellwether Metro Areas

Denver, CO, May 14, 2012 – New data from Metrolist®, the largest real estate multiple listing service (MLS) serving Colorado real estate agents, show another uptick in Denver Metro area home prices as inventories hit their lowest level in three years.

According to Metrolist, the provider of REcolorado.com, the average sales price for the Denver residential market jumped another 6% in April to $275,241. Metrolist’s April data show notable increases in every important component, including sales pending contracts, sales under contract, and sales for single family homes, while days on market (DOM) continue to shrink.

According to Kirby Slunaker, Metrolist’s President and CEO, the uptick in average sales price last month may be the start of an upward trend in the metro Denver market.

“We continue to see tight inventory in the market, which means there are about two to three months of available supply,” said Mr. Slunaker. “With these tight inventory levels, I wouldn’t be surprised to see further price appreciation into this summer’s buying season.”

Compared to April last year, the average price for a single-family residence in the Denver metro area is 11% higher, while the number of homes for sale is down by 43%.

As steadily declining inventory pushes prices higher, buyers who must make a purchase decision should expect to be aggressive and ready to make multiple offers. Sellers, meanwhile, need to be ready to evaluate multiple offers with their Realtor®.

Metrolist launched REcolorado.com earlier this year as a way to give buyers, sellers, and brokers the ability to prepare for a fast-moving market this summer The consumer-friendly search engine incorporates a variety of tools to help in the home buying process, including enhanced listing information with access to school and neighborhood data. REcolorado.com also helps interested homebuyers and sellers find agents who specialize in their market.

“We’re seeing product that is move-in ready and in tip-top shape moving quickly,” says Mr. Slunaker. “We’re urging all potential buyers and sellers to gear up right now for a competitive marketplace.”

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors® with the most comprehensive database of real property listings throughout the Front Range. Realtor-owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at www.metrolist.com.

Contact:
Andra Lewis
CSG PR
3225 East 2nd Avenue
Denver, CO 80206
480-250-3447
Alewis@csg-pr.com
http://www.csg-pr.com

Business

Metrolist Names Slunaker as President & Chief Executive Officer

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Colorado’s largest MLS selects local executive for top position

Denver, CO, April 06, 2012 – Metrolist® announced that Kirby Slunaker has been appointed as President and Chief Executive Officer (CEO) effective March 13, 2012.

“In Kirby, we have chosen a seasoned business leader to continue our transition as a high quality service-oriented organization serving Colorado Realtors®,” stated James T. Wanzeck, Metrolist Board Chairman. “Kirby has deep experience in transforming and leading top companies, such as VISA USA, eBags, FedEx, MDC Holdings, and, most recently, Pendum LLC. With an executive of this caliber, we’re extremely well positioned to take the company to a new level.”

Slunaker was chosen as interim Chief Operating Officer (COO) in November 2011, and was integral in establishing a strategic partnership between Metrolist and Hillside Software, a Denver market leader in real estate software. Under Slunaker’s leadership, Metrolist re-launched its public website, www.recolorado.com, providing the most comprehensive and accurate home search website for the greater Denver market.

As a strong proponent of “Green housing” initiatives, Slunaker also lead the effort to join Colorado state’s initiative to “green the MLS”, spearheaded by the Governor’s Energy Office (GEO). Launched in early March, energy/green features are now included in the MLS along with the state recommended Green Features Addendum (GFA).

“Kirby’s accomplishments as the interim COO made him the clear choice as President and CEO,” said Wanzeck. “We’re confident in his ability to fully execute our long-term strategies.”

Slunaker is a former Chairman of and currently serves on, the Board of Directors and the Executive Committee for the Colorado Technology Association (formerly CSIA), Colorado’s premier technology trade association.

Contact Information:
Melissa Olson
Director, Marketing & Advertising
303.850.9576
molson@metrolist.com

Dan Mahoney
CSG-PR
970.405.8060
dmahoney@csg-pr.com

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors with the most comprehensive database of real property listings throughout the Front Range. Realtor owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at www.metrolist.com.

Contact:
Dan Mahoney
CSG|PR
3225 East 2nd Avenue
Denver, CO 80206
970-405-8060
dmahoney@csg-pr.com
http://www.csg-pr.com

Real Estate

Metrolist to Provide Energy and ‘Green’ Data in Home Sales Listings

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State’s Largest MLS Adds Data To Align With Governor’s Green Initiative

Denver, CO, March 07, 2012 – Metrolist®, the largest real estate multiple listing service (MLS) serving Colorado real estate agents, today unveiled “Energy/Green fields,” a far-reaching initiative that integrates ‘energy/green’ data into the MLS search process.

By adding key attributes such as searchable fields, Colorado’s largest MLS will provide the industry with much-needed energy and ‘green’ data through home sales listings, a key component of quantifying market value and identifying comparison data for real estate professionals, homebuyers, and for appraisers that are valuating energy-efficient homes.

Metrolist’s new green-field initiative is the end result of work the company began with the Governor’s Energy Office (GEO) in 2010.

“We identified two major reasons why we should move forward with searchable green fields,” said James T. Wanzeck, Metrolist Board Chairman. “The first is social responsibility. Buildings, after all, consume 39 percent of the nation’s energy use. The second is Realtor differentiation. Anything Realtors can do to differentiate themselves is good.”

Metrolist, which represents approximately 50 percent of Colorado’s Realtors and almost 70 percent of the state’s real estate transactions, designed its implementation of green fields to correlate with the recommendations of the GEO’s Appraisal Committee and has made available to its 15,000 members the state supplied Energy/Green Feature Addendum. An open and voluntary group, the Committee worked with key stakeholders in developing recommended searchable fields for integration into Colorado’s multiple listings services.

“Adding searchable green fields to Metrolist is very exciting” said Pete Rusin, a GEO residential program associate. “This effort will not only increase the coverage of energy efficiency fields in Colorado, it will help home owners and buyers find homes that can save them money on their utility costs.”

Consistent with the Appraisal Committee’s recommendations, Metrolist’s searchable fields are split into two categories, “Certifications” and “Features.” Sellers can also showcase additional common features of an energy-efficient/“green” home.

According to Mr. Wanzeck, compiling this data in Colorado is critical because green-building advocates say it will mirror what’s been happening in other parts of the country.

“We know that green homes sell faster and for more money than conventional, code-built comparables,” said Mr. Wanzeck. “I believe all of our re-tooling and data capture will help nearly everyone in Colorado see green.”

Contact:
Melissa Olson
Senior Manager,MarCom
(303) 850-9576
molson@metrolist.com

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors® with the most comprehensive database of real property listings throughout the Front Range. Realtor-owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at www.metrolist.com. Metrolist provides a broad database of real property listings for real estate brokers to better serve buyers and sellers. Metrolist serves five Realtor associations: Aurora Association of Realtors, Douglas/Elbert Realtor Association, Mountain Metro Association of Realtors, South Metro Denver Realtor Association, and the Unified Association of Realtors (formerly Denver Board of Realtors, Jefferson County Association of Realtors, and North Metro Denver Realtor Association).

Contact:
Crystal Swan
CSG PR
3225 East 2nd Avenue
Denver, CO 80206
(303)847-3174
cswan@csg-pr.com
http://www.csg-pr.com

Business

Colorado Real Estate Brokers to Benefit from New Metrolist Partnership

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Denver’s Largest MLS Teaming With Hillside Software To Provide Full Suite Of Real Estate Tools

Denver, CO, January 24, 2012 – Metrolist®, the largest Multiple Listing Service (MLS) serving Colorado, announced it has entered into a partnership with Hillside Software®, a provider of Real Estate Technology Software Systems, to deliver a variety of technology tools to Front Range real estate professionals.

Metrolist will provide Virtual Office, Hillside’s flagship product, along with other online tools–available to its 14,000 members as of January 4.

“Hillside Software has been a market leader in Denver for over 15 years,” said James T. Wanzeck, Metrolist Board Chairman and President of RE/MAX Masters, “and this arrangement allows us to make the firm’s top products available to all of our members. The partnership will enable real estate brokers to better serve the needs of today’s home buyers and sellers.”

Greenwood Village-based Hillside Software has developed a full suite of real estate software ranging from MLS productivity tools to online marketing services for real estate brokers.

“We’re excited to be able to bring Virtual Office to real estate brokers with Metrolist,” said Alex Levy, Hillside Software President. “With the economic recession and slower housing market, our customers are looking for ways to maximize their budgets while still delivering top-notch services for buyers and sellers. Our partnership with Metrolist will allow this to happen in 2012.”

As part of the agreement, Metrolist will augment its services with a set of MLS tools from Hillside Software that includes Virtual Office, a comparative market analysis (CMA) package, a client e-mail alert system, and statistical analysis software. These products, combined with the most accurate housing data available from the MLS, will make Front Range real estate brokers better able to manage the complexities of today’s market.

“Many of our 14,000 members are already familiar with Virtual Office,” said Mr. Wanzeck. “Now they’ll get the professional level package as well as Hillside’s market statistics tool with their Metrolist membership. We’ll be able to deliver more value in 2012 to real estate professionals and give them powerful tools.”

Other Hillside Software products like online marketing and website packages will be made available from the Metrolist Marketplace for purchase.

“When combining the MLS productivity tools with the other ancillary products we offer, Colorado brokers will have very powerful options to grow their businesses,” said Mr. Levy. “This is a very exciting time for us and we’re proud to have been able to put together this important partnership with Metrolist.”

Contact Information:
Melissa Olson
Sr. Manager, Marketing and Sales
molson@metrolist.com
303.850.9576

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors with the most comprehensive database of real property listings throughout the Front Range. Realtor-owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at www.metrolist.com.

Contact:
Dan Mahoney
CSG-PR
3225 East 2nd Avenue
Denver, CO 80206
970-405-8060
dmahoney@csg-pr.com
http://www.csg-pr.com

Business

Metrolist Launches Real Estate Website Designed to Make Finding Homes Easier for Coloradans

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Recolorado.com Designed To Greatly Improve Home Buying Experience

Denver, CO, January 12, 2012 – Metrolist® has officially re-launched REColorado.com, a consumer-facing real estate search engine that’s similar to search sites Trulia and Zillow but with more accurate and timely housing information, offering Colorado buyers, sellers and brokers an unrivalled ability to search for properties and open houses, find local real estate agents and coordinate home buying searches with a broker.

The new site offers simple, yet powerful home searching capabilities for Colorado homebuyers. The search engine incorporates a variety of tools to help in the home buying process, including an aerial-view map search with rooftop accuracy and parcel line overlays, custom searches tailored to regional and market specifics, and enhanced listing information with access to school and neighborhood data. Through the site or a smartphone application, home buyers will have easy access to:

Property Alerts – Property alerts notify you when potential properties become available.

Open Houses – Search for local open houses to tour properties first-hand with turn-by-turn directions.

Home Valuation – Check out your home’s current estimated value.

Rentals – A searchable rentals database is coming in early 2012.

Realtors- Find an agent or office.

“For the first time, Colorado consumers and real estate agents have a real estate search website that truly does it all,” said Metrolist interim COO Kirby Slunaker. “Whether you’re a homeowner who wants to value your home or you’re a homebuyer looking for the perfect home buying experience, we offer the tools to get the job done.”

Metrolist selected Irvine, California-based Real Estate Digital, a provider of integrated technology, media, and data solutions to the real estate industry, to power its new site.

“Clearly, consumers with independent access to MLS data like listings and open houses are much better informed,” said John Hensley, Chief Product and Technology Officer for Real Estate Digital. “The new will give consumers just that kind of access through Metrolist’s individual brokers and agents. In the end, it’s all about maximizing the consumer experience.”

Metrolist supports the largest network of Realtors® in Colorado with the most comprehensive database of real property listings throughout the Front Range. Home sellers planning open houses are encouraged to have their real estate professional to schedule the event in the Denver-based MLS.

“Our new public website allows homebuyers to better coordinate with their local real estate professional using the most detailed and timely housing information, greatly improving on what’s currently available in the marketplace,” said James T. Wanzeck, chairperson of the Metrolist Board of Directors. “Providing the community the best real estate products and services available is why Metrolist has become the leading MLS in Colorado.”

About Metrolist
Metrolist is the largest MLS in the state of Colorado, supporting the largest network of Realtors® with the most comprehensive database of real property listings throughout the Front Range. Realtor-owned since 1984, Metrolist provides leading technology solutions to real estate agents and brokers to better serve buyers and sellers. More information about Metrolist is available at http://www.metrolist.com. Metrolist provides a broad database of real property listings for real estate brokers to better serve buyers and sellers. Metrolist serves five Realtor associations: Aurora Association of Realtors, Douglas/Elbert Realtor Association, Mountain Metro Association of Realtors, South Metro Denver Realtor Association, and the Unified Association of Realtors (formerly Denver Board of Realtors, Jefferson County Association of Realtors, and North Metro Denver Realtor Association).

Contact:
Dan Mahoney
CSG|PR
3225 East 2nd Avenue
Denver, CO 80206
(970) 405-8060
dmahoney@csg-pr.com
http://www.csg-pr.com