I was talking with a realtor in Telluride, Colorado recently and found out some interesting information about real estate properties there. There are plenty of lots, homes and condos for sale in the area, and it would be easy to buy or sell there because many of the residents there have their real estate licenses.
Of the 1,400 people who call Telluride, Colorado, home, almost 300 of them are licensed to sell. If your are trying to sell properties there, then you better be pretty good because that is quite a bit of competition. If you’re trying to sell your property there then you should go with someone who is experienced and knowledgeable about the make up of the area. It could be easy to get burned.
I’m sure some of the real estate professionals just do this type of work on the side and don’t know the in’s and out’s of the local market like more seasoned professionals would. This would be true of any real estate transaction, but mountain property can be even more tricky because of state and federal regulations, as well as the need to understand water rights.