- Agent with Coldwell Banker Residential Brokerage
About John McComas
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Honesty & Integrity
Honesty & Integrity
Most Recent Review
- dj reviewed John McComas
- Helped me sell a home
John McComas did a superb job as our listing agent and we're very pleased to be able to document that in this review. This was our first time ever selling real estate, as our Denver Virginia Village home had been our primary residence since 1980. In 1999, we completed a reconstruction of the corner-property house – which involved scraping off the old from the foundation up – constituting an investment of approximately $300,000. Since then, we always felt we had the nicest house in a great neighborhood and metro location. In 2013, my wife inherited her childhood home in Arkansas, and we elected to move there and put the Denver home up for sale. Noticing several of his "For Sale" and "Sold" signs in the neighborhood, we contacted John with Coldwell Banker and discovered he lived just several blocks away and knew the neighborhood extremely well. While he agreed our home was nicer than most in the neighborhood, he explained that the market dictates the property value and therefore, the sales price. Further, a professional appraisal, which documents recent sales of comparable properties, is necessary for any and all lenders to propose a mortgage offer to prospective buyers. And having the "nicest house in the neighborhood" usually makes the search for comps a little more challenging. Bottom line: often the property is not worth as much as the owner thinks it is. While John suggested getting a professional appraisal at a cost of $300, we had a price in mind (after 33 years in the neighborhood) and told him we'd like to start there and see what happens. Besides, the buyer would have to get their own appraisal anyway, we argued. He thought our price would prove to be high, which was OK with us because we felt we then had room to negotiate. We contracted with John and CB to sell our home and it was officially listed in early October – after we had moved out – at our asking price. John immediately began searching for comps both sold and on the market he felt would justify our asking price – and he found that to be quite challenging, having to expand his geographical area of search more than "usual." While the initial listing generated immediate interest, the home was felt to not just be overpriced, but in fact greatly overpriced, by prospective buyers and other agents. We reduced the price about 5% in early November due to the feedback and the fact that we hadn't gotten any offers. The trend continued, however, with potential buyers and agents still considering it overpriced, and the year ended without an offer. John again advised us to get a professional appraisal. Instead, we elected to drop the price another 5%. Now we felt this was a real deal that someone would snatch right up. John continued to monitor nearby sales, new listings and price changes for nearby for sale properties that could be considered comparable. In mid-January, John suggested staging the house at a cost of $4500, as some people were having trouble envisioning the flow of the home. We agreed and did so, but by mid-February, still had received no offers. John again suggested getting a professional appraisal. We agreed this time and the appraisal came in on March 3 for 5% less than our lowest price. The appraiser said it was one of the most difficult appraisals he's ever done because locating comps was practically impossible. We immediately lowered our price to the appraised price and, with the home still staged, received our first offer at 98% of asking price. Two weeks later, the buyers canceled their offer. But a second offer came quickly, this time at 97% of asking price. We accepted and closed on the deal about 45 days later in early May. What John McComas did for us was over and above what we ever expected we would need our realtor to do for us. Here's a recap of specific efforts made by John in our behalf: 1.) John allowed us to pursue the price we felt was fair. He made us no promises except that he would SELL THE HOUSE – which he did. As novice sellers, we ended up learning a lot. 2.) He welcomed all inquiries and made himself and the home available to prospective buyers and other agents, as well as neighbors who just wanted to "look." 3.) He arranged for staging of the home. 4.) He checked on the property regularly and kept it in top showing condition. 5.) He responded to a call from a neighbor alerting him to a water leak by going to the house and and shutting off the water main. He advised us about the situation, which proved to be a burst water heater tank and facilitated replacement of the system (after the crawlspace slowly dried out) by recommending a contractor and monitoring contractor's performance. He confirmed completion of the project to us before we issued payment. 6.) He advised on each offer presented to us and on the counteroffers we extended in response. As a condition of sale, we agreed to repair a sagging sewer line and had received three bids. Believing he could get a lower bid than the lowest we had, he asserted extra effort by soliciting more bids from qualified contractors. His efforts resulted savings us 30% over what we were willing to pay to get the deal done. John McComas provided great service and actually kept an eye out on our property after we moved to Arkansas and while the home was on the market for about six months. He helped us understand the importance of documenting comparable home sales to establish a fair market value. He worked extremely hard to locate and monitor any property that could be considered comparable. He shared our home's "situation" with other realtors at CB and sought advice wherever he could. John facilitated many showings to people who liked the property, but said it just didn't work for them. And he explained to us why it didn't work in a manner that we understood. Perhaps most importantly was John's clam, cool professionalism. When we began to feel no one wanted the house unless we "gave it away," he assured us we just needed to establish a fair market price and find the right buyer. Looking at the property listing again every now and then – with the professional photography CB provided of the staged home – helped remind us how nice the home is and kept us optimistic. Now after the sale, we realize the home was only on the market six months – and over the winter at that – though it seemed like eternity because every day we wondered if today would be the day we would get an offer. In summation, we highly recommend John McComas to anyone seeking to sell their Denver home. He sold our property as he said he would and made things as easy as possible on us. We can only imagine the difficulties we could have had with other less-experienced, less-qualified realtors. We're fortunate we didn't make such a mistake.
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John McComas's Properties (5)
- John McComas has not posted any listings yet.
3bd, 1 full, 1 partial bafor sale$185,000
4bd, 4 full, 1 partial bafor sale$1,399,000
3bd, 4 full bafor sale$569,500
3bd, 4 full bafor sale$585,000
3bd, 2 full baSold Sold: 05/22/2014 Represented: Seller$455,000
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test Sold: 12/31/1969 Represented: Buyer and Seller$0
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sres: Seniors Real Estate Specialist
The SRES® Designation program educates REALTORS® on how to profitably and ethically serve the real estate needs of the fastest growing market in real estate, clients age 50+. By earning the SRES® designation, you gain access to valuable member benefits, useful resources, and networking opportunities across the U.S. and Canada to help you in your business.
gri: Graduate, REALTOR® Institute
REALTORS® with the GRI designation have in-depth training in legal and regulatory issues, technology, professional standards, and the sales process. Earning the designation is a way to stand out to prospective buyers and sellers as a professional with expertise in these areas.
abr: Accredited Buyer’s Representative
The Accredited Buyer’s Representative (ABR®) designation is designed for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home-buying process.
sfr: Short Sales and Foreclosure Resource
The SFR® certification teaches real estate professionals to work with distressed sellers and the finance, tax, and legal professionals who can help them, qualify sellers for short sales, develop a short sale package, negotiate with lenders, safeguard your commission, limit risk, and protect buyers.
Through NAR's Green Designation, the Green Resource Council provides ongoing education, resources and tools so that real estate practitioners can successfully seek out, understand, and market properties with green features.
crb: Certified Real Estate Brokerage Manager
The Certified Real Estate Brokerage Manager (CRB) is one of the most respected and relevant designations offered in real estate business management and is awarded to REALTORS® who have completed advanced educational and professional requirements. CRB Designees are better positioned to streamline operations, integrate new technology and apply new trends and business strategies. Join today and discover a new approach to enhancing knowledge and leveraging opportunity.
cpm: Certified Property Manager
CPM designees are recognized as experts in real estate management. Holding this designation demonstrates expertise and integrity to employers, owners, and investors.
crs: Certified Residential Specialist
The CRS designation is the highest credential awarded to residential sales agents, managers, and brokers. On average, CRS designees earn nearly three times more in income, transactions, and gross sales than non-designee REALTORS®.
alc: Accredited Land Consultants
The esteemed Accredited Land Consultants (ALCs) are the most trusted, knowledgeable, experienced, and highest-producing experts in all segments of land. Conferred by the REALTORS® Land Institute, the designation requires successful completion of a rigorous LANDU education program, a specific, high-volume and experience level, and adherence to an honorable Code of Conduct.
cips: Certified International Property Specialist
Instantly align yourself with the best in international real estate by earning the CIPS designation. The program includes five full days of study focusing on the critical aspects of international real estate transactions, and an influential network of 2,000 professionals who turn to each other first when looking for referral partners.
epro: Certified Internet Professional
NAR's e-PRO® certification teaches you to use cutting-edge technologies and digital initiatives to link up with today's savvy real estate consumer.
bpor: Brokers Price Opinion
The BPOR certification provides REALTORS® with knowledge and skills to perform accurate and professional broker price opinions (BPOs) and comparative market analyses (CMAs), while reducing risk and increasing opportunities.
pmn: Performance Management Network
This designation is unique to the REALTOR® family designations, emphasizing that in order to enhance your business, you must enhance yourself. It focuses on negotiating strategies and tactics, networking and referrals, business planning and systems, personal performance management and leadership development.
ccim: Certified Commercial Investment Member
The Certified Commercial Investment Member (CCIM) designation is commercial real estate’s global standard for professional achievement, earned through an extensive curriculum of 200 classroom hours and professional experiential requirements. CCIMs are active in 1,000 U.S. markets and 31 other countries and comprise a 13,000-member network that includes brokers, leasing professionals, asset managers, appraisers, corporate real estate executives, investors, lenders, and other allied professionals.
cre: Counselors of Real Estate
The Counselors of Real Estate® is an international group of recognized professionals who provide seasoned, expert, objective advice on real property and land-related matters. Only 1,100 practitioners throughout the world carry the CRE® designation. Membership is by invitation only.
gaa: General Accredited Appraiser
For general appraisers, this designation is awarded to those whose education and experience exceed state appraisal certification requirements and is supported by the National Association of REALTORS®.
mrp: Military Relocation Professional
NAR's Military Relocation Professional certification focuses on educating real estate professionals about working with current and former military service members to find housing solutions that best suit their needs and take full advantage of military benefits and support.
raa: Residential Accredited Appraiser
For residential appraisers, this designation is awarded to those whose education and experience exceed state appraisal certification requirements and is supported by the National Association of REALTORS®.
rce: REALTOR® Association Certified Executive
RCE is the only professional designation designed specifically for REALTOR® association executives. RCE designees exemplify goal-oriented AEs with drive, experience and commitment to professional growth.
rsps: Resort and Second-Home Specialist
This certification is designed for REALTORS® who facilitate the buying, selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational and/or vacation destination are involved in this market niche.
sior: Society of Industrial and Office REALTORS®
The SIOR designation is held by only the most knowledgeable, experienced, and successful commercial real estate brokerage specialists. To earn it, designees must meet standards of experience, production, education, ethics, and provide recommendations.
srs: Seller Representative Specialist
The Seller Representative Specialist (SRS) designation is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. The designation is awarded to real estate practitioners by the Council of Real Estate Brokerage Managers (CRB) who meet specific educational and practical experience criteria.
awhd: At Home With Diversity
Learn to work effectively with – and within – today’s diverse real estate market. The At Home With Diversity certification teaches you how to conduct your business with sensitivity to all client profiles and build a business plan to successfully serve them.
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