Tom

Yes and no. First want to comment on the remark that 'buyers agents work for free'. If they are taking 2.8% from the seller then they aren't working for free- that is money that could have been negotiated down. If you are not a first time home buyer, know the area very well, know where to find comps and online records, you may be in a position to go it on your own. The online resources today give you so much information - you can even see how much the seller mortgaged the property for. I recommend going it on your own for a short while checking out all the open houses and for sale by owners. If no luck, get an agent. However - make sure you get an agent that will give you a rebate back. On the east coast there are several realtors that will rebate to you 2/3rd of their commission. i've also seen some in Colorado now offering the same.

Good luck! - Fri May 16 2008, 19:56

If you are looking in Arvada then you should definitely take no less then 5% off of their asking price. Depending on how they priced it, you may even get 10% off. Arvada is in a free fall at the moment and so much inventory to choose from. Go low, you'd be suprised how many will still come back. Its hard to offend in this market. Now if you are buying in downtown Denver or Boulder then you won't be so lucky... - Thu May 15 2008, 19:17

Ha, your question was completely ignored and instead realtors put on their standard happy face and tried to sell you their services and tell you buy buy buy. Wow, this is a blatant example of mass spam from realtors who don't even read the questions.

I personally wouldn't give the tower that much impact on prices - the overall market is a far stronger force. - Thu May 15 2008, 19:12