Buyer Presentation :: Jessie Peterson @ Compass

While I am fortunate to have had success in the greater Denver real estate markets, many of my real estate clients have become good friends because I am able to connect and share their interests. Depending on the client, I may show up to our first meeting in heels or running shoes with my dog at my side. But no matter my attire, be confident that I will be 100% present and ready to listen to the most important person in the room – YOU.

A home is an expression of yourself. My background in design enables me to see the hunt for a home is more than a monetary transaction. I enjoy helping others find and create their vision. Also, managing the pieces and parts of a real estate purchase or sale is what I LOVE to do and, all modesty aside, I am good at it. Rest assured that even when things get a bit chaotic (and they may), I have it under control and nothing is going to slip through the cracks. Even though I am not a bask-in-the-limelight kind of gal (in fact, I much prefer to work behind the scenes) and I cannot tell a joke to save my life, what I CAN do well is take care of the details of your real estate transaction.

I’m proud to say that I’m not your ordinary real estate agent.

Growing up on a ranch in South Dakota taught me a little something about the value of working hard, working smart and creatively getting things done! All characteristics that come in handy when managing a real estate transaction, I might add! I take true delight in solving the seemingly unsolvable problems that inevitably arise during the process of buying or selling a home; problems that might make less-experienced, less-creative or lesstenacious agents throw up their hands in defeat. You will never doubt that I am on your side, representing your best interests and fully committed to helping you enjoy the very best outcome possible in your real estate buying or selling experience.

Another thing that might be helpful in getting to know me – I have a personal understanding of what my clients go through when buying, selling or renovating their homes. My husband and I have bought and sold fifteen homes in Denver, Lakewood and Golden, most of which needed moderate to extensive remodeling and updating. Trust me, not only do I understand and empathize with the drama and trauma of MOVING; I am also intimately familiar with the joys and challenges of home renovation. And while I won’t promise to pick up a hammer and saw at your new place, or to load boxes into your moving van, I am happy to share what I have learned about packing, moving and renovating properties.

What areas of the greater Denver area do I serve? As a Certified Marketing Expert and working with repeat clients that have moved outside of Denver to the surrounding cities, my experience has taken me to all four corners of the map. However, I tend to focus on and know the most about:

Central Denver – including Downtown, Berkeley, LoDo, Riverfront, LoHi, Sloan’s Lake, Highlands

Greater Denver – including Wheat Ridge, Edgewater, Cherry Creek, “The Parks” –Washington Park, City Park, Congress Park, Platt Park, Observatory Park; Baker, Mayfair, Park Hill, Hilltop

Lakewood and Golden – including Applewood, Genesee, Paradise Hills, Beverly Heights, Canyon Point, Mesa Meadows, Spring Ranch, Lookout Mountain

If this feels like a good fit, give me a call and let’s talk! Ask me about doing a market day so you can also learn more about the many great neighborhoods in our fantastic city!

I can’t begin to express my appreciation for Jessica. Jessica went above and beyond the call of duty. Her attention to detail and professionalism are exceptional. A realtor whom I have worked with in the Boulder area referred Jessica to me. I told her I wanted someone with high energy and an upbeat personality. I could not have been more pleased. I absolutely love my new home and can’t thank Jessica enough for all of her hard work and persistence with this property. Jessica is not only my realtor she is my friend. I highly recommend her for all of your real estate needs. You will not be disappointed.

Our experience with Jessica Peterson as our agent, was fabulous and streamlined from beginning to end. Upon deciding to sell our home and reaching out to Jessica, we had a completely smooth and highly organized selling process. From providing a pre-listing home staging session, to laying out step-by-step instructions for how to maximize our home’s potential, the team was flawless. During the showing and negotiating process, Jessica was truly indispensable, providing guidance, advice, and expertise as to how to best navigate the sale of our home. As the process turned to post-contract inspections, appraisal, and closing, the everything remained seamless, with deadlines moving as expected, due in large part to Jessica’s impressive planning and communication. As we are now on the far side of selling and closing on our home, we cannot heap high enough praise on Jessica for her professionalism, skill, and advice. All in all, a truly great experience!

“ Randi Biard Fox

“ Kat

Kari + John

Jessica was recommended to us by my husband’s coworker. She had found him, as well as another friend, both their new homes. As a first time home buyers we were wary and inexperienced about most of the process, but Jessica was very honest and knowledgeable. She met with us from the beginning to discuss our wants and needs. She also walked us through contracts and how purchasing a home works, which we thoroughly appreciated. Communication was great with her through emails, text messages, and phone calls. Jessica helped my husband and I search for a home that would suit both of our picky needs: my old ranch style with his big square footage and large yard. Of course all of this needed to be at the right price. She was always very patient and accommodating. Not once did we feel like we were a nuisance. We viewed many homes and never felt pressured at all. She found us the perfect home and worked very fast to make sure we had the best chance at purchasing the house. She handled negotiating the entire deal and helped us coordinate all the other aspects of appraisals, inspections, and other services. We took all of her advice and suggestions, and still do! The entire process was a whirlwind and all happened so fast. We were so comfortable with Jessica and we didn’t hesitate once. We consider here the dearest friend and will never sale or buy a house without her. We owe her so much!

We have enjoyed working with Jessica so much. She did an amazing job selling our last home with excellent staging and marketing of the property. We had several offers in two days and went under contract right away! She also helped us to find our forever family home, which has been better than we could have ever expected. She is such a professional and caring person to work with and we would strongly recommend her to anyone buying or selling!

Amanda + Jason

My fiancé and I had an excellent experience with Jessica Peterson. She was very patient with us throughout the difficult market conditions and made our purchase a very enjoyable experience. I cannot recommend Jessica enough. If you are looking for your first home or your 4th, look no further.

“

Jessica was the perfect real estate agent. She was knowledgeable, professional, and able to use her connections in the industry to help us close our deal when we had last minute issues due to the mortgage lender we were using. I have already recommended that my parents and close friends use her, that’s how much confidence I have in Jessica.

“

Cole + Bridget

Faisal

About Compass

Why Compass?

Discover how we’re helping buyers find their place in the world every day, one home at a time.

Your Home. Our Mission.

Our community

Collaborative and connected, our agents enjoy direct access to the country’s top properties and the 28,000+ brokers who represent them. But just as we leverage our national network, we’re also keenly attuned to the nuances that make each market so special.

Our homes

Our in-house marketing and advertising agency ensures that every Compass listing is portrayed beautifully and authentically, elevating your search to the next level. And with Coming Soon, your agent can show you properties ahead of anyone else in the market.

Our platform

Developed in-house, all of our technology is designed to enhance your experience. Together, you and your agent can filter and sort properties across custom parameters, compare market trends, and comment on listings in real time.

By the numbers

#1 Our rank among independently-owned brokerages nationwide

$230 billion

2022 gross transaction value

350+

Compass offices in the U.S.

28K+

Real estate agents in the U.S.

Where we are

Compass is home to 28,000+ agents in 350+ offices spanning 130+ cities.

A talented team

Our staff hails from innovative companies around the world:

*Data based on MLS data from REColorado Office Ranking Report by Office ID # for total closed volume from 1/1/2022 - 12/31/2022

**Data based on Broker Metrics for REColorado by Office ID, Residential Properties greater than $2 million in sales price from 1/1/22-12/31/22 for Adams, Arapahoe, Broomfield, Denver, Douglas and Jefferson Counties.

Compass Denver

Well, Hello, Denver!

Compass Denver is comprised of some of the most experienced, wellrespected and highest-producing Realtors in Denver. We’ve been in the Denver market for over four years now, and we’ve already made quite an impact!

$4.3B+

Total Office Sales Volume in 2022*

5.51%

2022 Market Share Based on Closed Volume*

#1 Brokerage in Denver in 2022*

11.4% Luxury Market Share**

Compass Cares

As we work to help everyone find their place in the world, Compass Cares is our way of empowering agents and employees to give back to local communities with our time, resources and skills — because no one knows a community better than the agents and employees who serve it.

Through Compass Cares, 100% of our transactions lead to a donation back to the communities we serve. We turn local knowledge into local impact by supporting meaningful local causes. Compass Cares connects the generosity and compassion of our people to a giving platform of over 1 million nonprofits to create a regional and national community of givers. Because here at Compass, we believe it’s our responsibility to make the world a little better, one place at a time.

The Jimmy Ride

The Jimmy Ride is committed to giving people with limited abilities an opportunity to remain active and reduce social isolation. Personalized engagement of 1-2 passengers at a time encourages well-being through movement, conversation and an outdoor adventure from the comfort of the tri-shaw bike. Our pledge promotes happiness and feeling alive while encouraging interacting with the world around us.

In 2018 my family moved my father to Colorado to secure him in a home specializing in memory care. His years of dementia/Alzheimers (he was never officially diagnosed with one or the other), had come to a head and the facilities in his home state of South Dakota could not accommodate him for one reason or another.

As a farmer and rancher for most of his adult life, his happy place was being on the land and with his horses and cattle. His cowboy spirit shined when he was engaged and working hard in all aspects of his passion. He loved being outdoors, “shooting the shit” and telling stories from racing to raising horses.

Unfortunately, the opportunities in his new home lacked suitable outdoor activities and adventures. He would outwalk anyone around him in the facility and even though I would take him on drives and outdoor walks as much as possible, I knew he was missing the sunshine and more earthly connection. My head was spinning on what else I could do to put a smile on his face.

A friend introduced me to the Danish company, Cycling Without Age, who is associated with a bike builder whose core business is fabricating bikes which accommodate a pilot along with passengers. After a lot of research this became a viable avenue to engage people with physical limitations. And here we are today!

My father never got the opportunity to take a ride on his name sake wheels. The Jimmy Ride is dedicated, in his memory, to those who continue to put one foot in front of the other and embrace their desire to live and continue to be part of the world around us.

After experiencing strokes, seizures and having a severe back injury, The Jimmy Ride has been a true blessing. It felt so good enjoying the wind in my hair and the sun on my skin without the strain of walking.

H.H.

Check out the Gallery at TheJimmyRide.com and to schedule a ride, volunteer, donate or connect for more information.

The Process

Home-buying process overview

01

Initial consultation with me

Discuss your needs / goals

Provide home-buyer book

Discuss market conditions

02 Contact lender to get pre-approved for a mortgage

Helps determine buying power

Refines search price range

Assists in making your offer more competitive

Must present lender letter with any offer

If paying cash, must present proof of funds

03 Define your home-buying goals and home search criteria

Discuss various property types and locations

Work within the confines of pre-approval range

Search MLS and other sources for properties

04 View properties and select home

Schedule showings (some sellers require 24-hour notice)

Attend showings with you

Narrow down prospects

Create market analysis, analyze comparables

Discuss offer strategy

04 Prepare, review and submit offer

Draft all offer documents and related addenda

Review offer, disclosures, any legal issues with you

Submit offer to seller or listing agent

05 Contract acceptance and closing

Negotiate on your behalf to get contract accepted

Review your dates and deadlines, any action steps

Communicate with all related parties

Attend final walk-through with you

Facilitate and attend closing, subject to Covid rules

About the commission

As your buyer’s agent, my commission is typically paid by the listing agent

• Industry standard is 2.8% of the purchase price

I might also be paid by the seller directly

• In the case of a “For Sale by Owner” where there is no listing agent

It’s very rare but possible that a buyer might pay my commission

• This will only occur if a listing agent or seller are not agreeing to pay the full 2.8% buyer agent commission

• This would be disclosed prior to seeing any such property

About communication

• Buyer communicates to buyer’s agent

• Seller communicates to listing (seller’s) agent

• Buyer’s agent and listing agent communicate with each other on behalf of their respective clients

• Buyer’s agent and listing agent communicate with lender, title, inspectors, etc.

• Please conduct all communications and negotiations directly through me

• I have a Transaction Coordinator who assists me with various parts of the transaction. You may occasionally receive communications from her

Typical home-buyer expenses

Prior to Closing

Earnest Money

Inspections

Approximately 1 to 2% of the purchase price (will be applied toward your down payment at closing)

General Inspection $400 to $800 (depending on the size of the house)

Sewer Scope $200 to $250

Radon Test $150 to $200 (if applicable)

Appraisal Fee $500 to $700 (lender requires up front)

Other Tests / Contractor Trip Charge Varies

At Closing

Loan Closing Costs

Cash Due at Closing

Title Fees

Homeowner’s Association (if applicable)

Lender provides estimate of these fees upon going under contract

Typically 1% - 2% of purchase price (depending on loan type)

Includes processing/underwriting/other fees, pre-paids, escrows

Remainder of down payment (less earnest money amount)

$500 - $700 for lender’s title insurance policy and any endorsements

$175 - $200 for settlement fee (customarily split between parties)

Tax cert and recording fees (vary)

Status letter and transfer fee (vary by HOA)

Working capital contribution (varies by HOA)

A Glossary of Real Estate Terms

Appraiser

The person who decides the market value of a home based on its condition and the selling prices of comparable homes recently sold in the area. His or her job is to compute a fair estimate of market value to help the lender determine a reasonable loan amount.

Assessor

A public official who appraises property for tax purposes, determining the assessed value, not the tax rate.

Closing

The conclusion of a real estate transaction, which includes delivery of a deed, financial adjustments, signing of notes and disbursement of funds necessary to the sale or loan.

Contincency

A condition that must be met before a contract is binding. For example, the sale of a home might be contingent upon the seller paying for certain repairs, resulting from the buyer’s inspection.

Conventional Loan

A loan made with real estate as security and not involving government participation in the form of insuring (FHA) or guaranteeing (VA) the loan.

Open Mortgage

A mortgage that may be repaid in full at any time over the life of the loan without a pre-payment penalty.

Point

Fixed-Rate Loan

A loan with the same rate of interest for the life of the loan.

A point is a dollar amount paid to a lender for making a loan, each point being equal to one percent of the loan amount, also called a discount point.

Homeowner’s Policy

A multiple-peril insurance policy commonly called a package policy. Available to owners of private homes, it covers the dwelling and contents in case of theft, fire, or wind damage, as well as liability for property damage and personal liability.

Realtor

A member of the National Association of Realtors who subscribes to a strict code of ethics.

Interest Rate Cap

The maximum interest rate change allowed on an adjustable-rate loan for any one adjustment period during the life of the loan.

Documentary evidence of the right to or ownership of the property, which in real estate is the deed. Title may be acquired through purchase, inheritance, gift or exchange, as well as through foreclosure of a mortgage.

Your Mortgage Payment Typically Includes:

Principal

The amount of money borrowed. Each month a portion of the principal is paid back. Over time, interest becomes a smaller part of the monthly mortgage payment, and more of the payment goes toward reducing the principal owed.

Property Taxes

Taxes paid to a local government, usually a percentage of your property value, based on the mil levy. Your lender generally collects the taxes through your monthly payments and pays them directly to the local government. The amount of tax will vary depending upon where you live and the typle of property you own.

Hazard Insurance

An insurance policy that protects you from financial losses on your property that result from fire or other hazards.

Interest

The cost of borrowing money, usually expressed as an annual percentage of the loan amount, for example, 4% or 6%.

Principal and interest are amortized over a period of years, typically for 15 or 30 years.

Private Mortgage Insurance (PMI)

An insurance policy for down payments of less than 20% of the home price, which helps mortgage lenders recover some losses if a borrower fails to fully repay. Mortgage insurance makes it possible to buy a home with a low down payment.

Agency Terms

Seller’s Agent

A seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.

Buyer’s Agent

A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.

Transaction Broker

A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written, fully informing the parties, presenting all offers and assisting the parties with contracts without advising, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a buyer’s financial ability to perform the terms of a transaction and, if a residential property, whether the buyer intends to occupy the property. No written agreement is required, but Colorado’s Real Estate Commission encourages one.

Customer

A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker. The broker must treat a customer to a transaction with honesty and fair dealing.

My pledge to you

• Listen to your needs and do my best to help you achieve all of your goals

• Advise you, negotiate on your behalf and advocate for you throughout the entire transaction

• Educate you on neighborhoods and keep you abreast of current conditions

• Discuss risks / benefits of various homes relative to your goals

• Help you find an ideal home that fits your needs

• Use my market knowledge and quantitative skills to help you present the strongest offer possible, especially in multiple-offer situations

• Efficiently prepare all the paperwork, and account for monies and deadlines

• Act in a professional, collaborative and communicative manner

• Uphold the highest ethical standards and always act with integrity

• I will always do my best to respond to you in a timely manner. If you have an urgent issue, text and phone are always the quickest ways to reach me.

• Manage the process so that it’s smooth, stress-free and enjoyable for you

Other tidbits

Please be aware that we must adhere to all city and state Covid guidelines

• This will ALWAYS include either of us notifying the other if we are ill, have been exposed to a Covid-positive person or have tested positive for Covid ourselves.

• This will ALWAYS include wearing a mask for showings

• This may include wearing gloves and booties for showings

• This may include signing a Covid Disclosure prior to any showings

Please note that wire fraud is a serious concern. I will provide you with information to help educate you on and protect you from wire fraud.

Please know that while I will provide you with many resources along the way, I am not legally allowed to discuss the following:

• Schools / School Performance

• Crime / Crime Statistics

• Anything that would be a violation of Federal Fair Housing Laws

Your City Guide

Denver neighborhoods and metro area cities

Deer Creek Canyon

Littleton

Englewood

Evergreen

Morrison

Genesee

Lakewood

Elizabeth

Highlands Ranch

Parker

Denver International Airport

Lone Tree

Aurora

Northglenn

Centennial

Cherry Hills Village Greenwood Village

Commerce City

Denver

Castle Pines

Sedalia

Information every buyer should know

Utilities

To transfer utilities into your name, contact:

Xcel Energy

Note that Xcel offers a free service called ConnectSmart that can help you transfer most of your home services, like cable, trash, landscaping and more! (May not be available in all areas.)

Black Hills Energy (Parker)

800.895.4999 XcelEnergy.com

IREA (Castle Rock & Parker)

303.688.3100 IREA.coop

Water/Sewer Service

In most cases, the title company will transfer water and sewer services into your name at closing. If there’s an HOA and community water source, the HOA will sometimes handle any necessary transfer. If your new home has a well, contact me for help with transferring these services

Trash Collection

If your new home is in the city of Denver, the title company handling your closing will arrange for the transfer of these services. If there’s an HOA, they will handle the trash collection in most cases. Depending on your home’s location, you may need to contact private contractor for collection.

Schools Research Resources

GreatSchools.org A

school performance

Notes