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Take Aspen By Air with Pat Marquis

There’s nothing like a bluebird day in an olive green Eurocopter in Aspen, Colorado! Thank you, Aspen Heli Charters for taking the doors off and flying us over our listings and helping us show off the less traveled parts of our dramatic landscape. We saw the glacier-fed lakes and ponds as well as shoot through snow drifts as we crested over snowy cornices. We have more photos from the trip to share. Send us a message if you’d like the full tour or stay tuned here for lots of exciting updates!

 

 

Favorite Eats & Treats in Aspen

 

Aspen is world famous for its skiing, but Aspen isn’t just about outdoor recreation, but a mecca for world-class shopping and delicious dining. A year-round destination, Aspen is home to the premier Classic Food & Wine, Aspen Ideas Festival, Aspen Music School, Aspen Jazz Fest, Yoga on the Mountain, Winterskol Winter Fest, the new Aspen Art Museum, and Winter X Games, just to name a few.

With so many ways to work up an appetite, locals and celebrities have a chance to enjoy anything from Slow Grooven’s famous BBQ to high-end cuisine from Element 47, the best sushi at Matsuhisa, or organic cold press juices from Spring Cafe.

Here are Pat’s favorite treats and eats in Aspen.

 

Breakfast

ELEMENT 47
If nothing on the expansive, and delicious, morning menu catches your eye, then try the best breakfast buffet in town. 675 E. Durant Ave. 970-920-6330

JUSTICE SNOW’S
Offers an excellent and diverse breakfast and brunch menu, with Aspen’s best Bloody Mary bar. 328 E. Hyman Ave., 970-429-8192

VICTORIA’S ESPRESSO WINE BAR & GOURMET GRAZING
A local’s favorite coffee shop that offers Australian specialities—plus all things eggs—during “brekkie.” 510 E. Durant Ave., 970-920-3001

Lunch

AJAX TAVERN
Après-hike dining and top-notch cuisine on a sun-drenched patio. 685 E. Durant Ave., 970-920-6334

SHLOMO’S DELI & GRILL
Family-oriented modern American deli serving many

of our old favorites like hearty sandwiches and burgers and our famous Matzah Ball Soup. 501 East Dean Street, 970-315-4055

 

 

WHITE HOUSE TAVERN
Premium sandwiches and salads paired with a fun atmosphere for beers and cocktails. 302 E. Hopkins Ave., 970-925-1007

JÜS ASPEN
JÜS provides an easy, great alternative that promotes a healthy lifestyle yet still tastes delicious. 501 E. Hyman Ave., 970-710-7063

CLOUD NINE ALPINE BISTRO
Lunch service feels like a slice of Switzerland in the Rocky Mountains with layered helpings of fondue and raclette as well as steak tartare, caviar and ski-boot dance parties. Aspen Highlands, Top of the Cloud Nine Lift, sk-in/ski-out only 970-922-8715

Dinner

BIA HOI
Asian-inspired cuisine with an upbeat atmosphere. 110 Carriage Way, Ste. 3101, 970-429-8796

BREXI
Aspen’s own French brasserie, complete with checkered tile floors and all. 411 S. Monarch St., 970-925-2838

JIMMY’S
All upscale American, and all really good. 205 S. Mill St., Ste. 2, 970-925-6020

PYRAMID BISTRO
A nutritarian restaurant that will make you forget about meat. 221 E. Main St., 970-925-5338

RUSTIQUE
A relaxed, Provencal-style bistro with a warm ambiance and long wine list. 216 S. Monarch St., 970-920-2555

STEAK HOUSE NO. 316
A fine dining steakhouse with options of poultry and seafood. 316 E Hopkins Ave., 970-920-1893

CACHE CACHE
Boasting a 5,000-plus bottle wine list and a cooking staff led by Chef Chris Lanter, It’s been in at the top of foodies’ lists for the better part of three decades, and with one bite, you’ll know why. 205 S. Mill St., 970-925-3835

WILD FIG
A cozy dining room in the center of town serving dishes from all over Western Europe. 315 E. Hyman Ave., 970-925-5160

Night Cap

ASPEN BREWING COMPANY    
This local’s hangout is the only brewery in town, with a mountain view taproom and live music. 304 E. Hopkins Ave., 970-920-2739

HOPS CULTURE
Happy hour specials, a diverse food menu, and an incredible selection of beer, new to the Hyman Mall. 414 E. Hyman Ave., 970-925-4677

JIMMY’S
An Aspen standby with upscale American fare and a huge tequila and mezcal bar, with varieties for every palate. 205 S. Mill St., Ste. 2, 970-925-6020

J-BAR
Find one of Aspen’s favorite, and most classic, bar scenes at the Hotel Jerome. 330 E. Main St., 970-429-7674

JIMMY’S BODEGA
Same Jimmy, new location, and concept: seafood, raw bar, wine. 307 S. Mill St., 970-710- 2182

SLOW GROOVEN’ BBQ
We are not expected to adhere to a certain style of BBQ, has allows us to adapt our favorite tastes from hot spots across the country and to create a unique blend that is Colorado BBQ.  67 Elbert Lane, Ste. 115, (970) 429-4761

AJAX DONUTS AT THE POPCORN WAGON
Chow down on gyros, falafels, hot dogs, pork green chile, and hot, freshly fried mini-donuts. 305 S. Mill St., 970-429-8373

Sweets

PARADISE BAKERY & CAFE
This tiny cafe serves up ice creams but also the best coffee, cookies and cupcakes/muffins in Aspen. 320 S. Galena St., 970-925-7585

ANNETTE’S MOUNTAIN BAKE SHOP 
Excellent breads and pastries are all made in-house, and delectable sandwiches are stuffed with fillings like brisket, porchetta, and caponata, It’s cash only at this closet-sized takeaway. 420 E. Hyman Ave., 970-544-1806

 

Cimarron Mountain Club

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View the full Cimarron Mountain Club Brochure

“The Cimarron Mountain Club exceeded my expectations by so much I felt like a kid in a candy store” – Chris Anthony of Warren Miller Film Team

An extraordinary offering just crossed my desk – – A private ski resort (larger than Aspen Mountain) encompassing 2,000 acres on the edge of the Uncompahgre Wilderness between Telluride and Crested Butte.

·  Only a 45 minute drive or an 8 minute helicopter ride from the Telluride / Montrose Regional Airport offers easy access to this wilderness retreat.

·  The ski mountain is fully operational and equipped with luxury, heated snowcats and tours of the property with a sampling of skiing is available upon reservation.

·  With a limit of four club members and their families per ranch, there will be no crowds or lift lines – just plenty of guided skiing of untracked powder for days after each snowfall, as well as lots of well-groomed runs.  There’s even heli-skiing available.

·  With miles of biking, hiking and equestrian trails, the Cimarron Mountain Club will also be a welcome retreat in the spring, summer and fall with expert resident guides for fly fishing its lakes and ponds and exploring the vast surrounding wilderness.

·  The owners of CMC are debt-free and have a Board of Directors who are leaders in the ski and resort communities – – including a member of the Colorado Ski Hall of Fame, former CEOs or COOs of Vail Resorts, Beaver Creek Resort, Aspen Skiing Company, Crested Butte Mountain Resort and Telluride Ski Resort, and the current COO of Auberge Resorts, not to mention the Chairman of the Colorado Parks and Wildlife Commission.

·  A vast amount of infrastructure is in place with plans for construction of a base lodge and owners’ cabin scheduled to commence construction shortly after the first threshold of sales are closed in late spring 2015.

 

Top 10 In Sales Volume in Aspen/Snowmass for 2015

Top 10 Brokers 2015

 

In a valley with over 700 real estate brokers, Pat Marquis is in the top 10 of Top Producing agents in Aspen and surrounding area. Patricia’s dedication and depth of industry knowledge is one of the many reasons she has achieved the distinction of being in the Top 10 in Sales Volume in 2015 as honored by Sotheby’s International Realty in Aspen. She knows real estate and has a solid reputation of representing both sides of the sale in a third of her transactions for 2015. Pat knows how to get the job done and knows how to find the perfect buyer for her seller’s homes. Pat uses her vast network to find the perfect client for your home and the perfect home for each of her clients.

Pat specialized in real estate and marketing and understands the vital role marketing plays in the sale of any property. Just as there is a shoe for every foot, there is a buyer for every property. Pat realizes your buyer may not be local, as most homes bought in Aspen are usually 3rd and 4th residences and the best way to pin point buyers for your home must be presented on a global level. It’s our job to make sure these buyers are directed to your property, ensuring your property gets the necessary exposure, targeted to a defined key audience; with daily analytics to make sure no lead goes unchecked on the international playing field.

PM2015TopSales11Pat offers keen insight regarding the Aspen real estate market with the facts that back it up. She knows what it take to properly analyze the market; finding the best property for you, negotiating the best price and managing the contract through a smooth closing. You will also appreciate her expertise in positioning, pricing, staging, and marketing your current property for an effective sale. With Pat, you’ll benefit from her perspective, attention to detail, resources, knowledge, and insight to current opportunities in the real estate market. She’s is 100% dedicated, ethical, hard working and experienced in all aspects of the real estate business. Coupled with the exceptional global marketing power of Aspen Snowmass Sotheby’s International Realty, you will maximize your success when working with this top-producing broker.

 

 

$50 Million in Sales at Aspen4Sale

Aspen4Sale is making strides in the Aspen market this year, and we are excited to announce that Pat has sold more than $50 million in real estate so far in 2015!!! And that’s something to celebrate! As you can see from the list below, Pat has represented both the buyer and seller in a third of her transactions for 2015.  Pat knows how to get the job done and doesn’t wait around for a buyer and uses her vast network to find the perfect client for your home. Visit www.Aspen4Sale.com to see our Current Listings.

50-918-S-Mill-Street-Aspen-CO-print-010-918-S-Mill-Street-4200x2803-300dpi-copy-1024x683
918 S. Mill Steet, Unit A

$5,700,000

3 bed

3.5 bath

Represented Buyer & Seller

50-315lake
315 Lake Aveanue

$9,000,000

5 beds

5.5 baths

Represented Buyer

50-228_Gambel_Way
228Gmable Way

$1,200,000

Single Family Lot

Represented Buyer

 

50-115_Glen_Eagle
115 Glen Eagle Drive

$4,218,000

7 beds

6.5 baths

Represented Seller


50-east-durant-1-1
926 E. Durant Street, Unit1      

SOLD

$3,800,000

3 beds

3.5 baths

Represented Buyer & Seller

50-930_Francis

930 W. Francis Street

$5,900,000

3 beds

3.5 baths

Represented Seller

50-105_Thunderbowl_Lane_2
105 Thunderbowl Road

Sold

$4,700,000

Beds: 4

Baths: 5.5

Represented Buyer

50-926_Durant_1_Old
926 E. Durant Ave, Unit 1

$3,800,000

3 beds

3 baths

Represented Buyer & Seller

50-747_S._Galena
747 S.Galena Street

$1,650,000

3 beds

3 baths

Represented Seller

50-1444_Lower_River_Rd

1444 Lower River Road

$1,750,000

5 beds

3 baths

Represented Buyer

 

With several more properties in the pipeline, we are looking forward to a strong end of year! Stay tuned for more listing and sales!

Staging for Success

The number one reason why so many want an Aspen home is the lifestyle; they’re buying a dream, and I love selling that dream. Staging a home to sell is critical to your success, especially in luxury real estate markets like Aspen. I execute every new listing with certain key strategies an proper staging is the first and sometimes only impression you have with a potential buyer is the difference between selling a listing or watching DOM (“days on market”) climb.

staging-east-durant-1

It’s common for homes to be very personalized, many owners have taken years to decorate and customize their property. It’s very uncomfortable for an owner to want to undo everything that has made their property their home. However, providing a blank canvas for a property gives the buyer a chance to paint their own memories in their new home. We want potential buyers to envision living in this home. 

After years of successfully selling luxury real estate from Beverly Hills to Aspen, I have compiled a few vital tips to staging high-end real estate.

Original artwork: Hanging original artwork in various’ location can give 
your home a world-class luxury feeling that will inspire potential buyer to imagine where they would hang their art collections. Often times these pieces of art can be rented directly from the gallery or artist.

staging-east-durant-1

Spotless garage:  It’s safe to say that many luxury homebuyers are also owner of luxury car(s). To many luxury homebuyers the garage is just as important as the rest of the house, serving as their showroom to house their own luxury cars. Fabric, finishes, linens: Luxury bedding, plush towels and rich fabrics will give a warm and inviting feeling to enhance the space. By using fabrics, finishes and materials to your advantage, creating an additional layer.

Incorporate culture: It is important for the home to have a connection to an elevated culture. This can easily be done with display original artwork, musical instruments, artifacts or Aspen historic photos and relics. 

Highlighting the lifestyle: Aspen lifestyle second to none and is most likely the reason to why a potential homebuyer is buying in Aspen; hiking trails just steps away, local venues’ with world wide musicians that you won’t want to miss, and over 70 resturants just around the corner. Highlighting the Aspen lifestyle in your home will give homebuyers the chance to envision their ski’s parked by the door, or their mountain bike on the porch. 

Fabrics, finishes, linens: Luxury bedding, plush towels and rich fabrics will give a warm and inviting feeling to enhance the space. By using fabrics, finishes and materials to your advantage, you’re creating an additional layer of luxury.

staging-east-durant-1-im

Non-matching furniture: Most luxury hones often times are professionally decorated, while furniture and accessories have a common thread, there is no need for matching furniture sets. These homes use texture, color and materials to convey luxury that will make you want to curl up by the fire with a book after a long day of skiing or hiking. 

Outdoor spaces and views: If you’re anywhere in Aspen or Snowmass and don’t see a majestic view, you must be sleeping. It’s no secret that adding an outdoor space, and easily doubles your living area. Using the season to your advantage when showing, have your outside fire pit on and crackling and the hot tub should be warm and ready.

staging-Red_Mtn_Winter (1)

If serious offers are your goal, let me help you to carve out a budget to sell the buyer’s dream! A small investment in your staging will be paid back multifold. The goal is a full-ask offer, or even better, a bidding war between multiple buyers who envision your property as their Aspen dream home. 

Aspen, Colorado is a very desirable real estate market.  When competition is high, your choice of a real estate agent can make all the difference in you getting the property that you desire.  To increase your chances of finding the perfect property, seek the assistance of an experienced real estate agent.  If you need assistance finding the perfect property in the Aspen Snowmass area, I am here for you.

How To Price Real Estate To Sell

Price-Real_Estate_Price
Determining the right price to list your property for is a balance between art and science, which is why selecting the proper Aspen real estate agent to sell your home is such an important decision.

Your listing agent needs to have a clear, concise, organized, and thoughtful strategy if you want to list your real estate at a price to sell.

Are you interested in how to price real estate to sell? Read more for a few in-depth examples of how professional Realtors go about deciding a for-sale price on real estate in Aspen, and beyond. 

Examples of Good Pricing Strategies for Real Estate:

  • Price to market value!
    You need to list your property for a price that is close to market value. Real estate agents determine “market value” by analyzing sold comparables, otherwise known as “comps.”
  • Monitor the buzz!
    All Aspen real estate will experience buzz when the property first hits the market. Buzz comes in the form of calls from buyers agents, calls from homeowners as a result of the for-sale sign, visits and inquiries by Realtors during the broker’s tour (open house for Realtors), among other ways.
    A properly priced home will continue to see buzz until offers start rolling in. It’s important for your real estate agent to monitor the buzz surrounding your listing because if the interest and demand lessens you might want to consider a price reduction to reinvigorate the buzz. Generally, I’ve found that a property priced too high for market value will see this buzz dissipate within a week.And, offers usually come as long as the buzz continues. 

As a seller, it is important to work with your real estate agent to determine your home’s market value. Then, list the property for a price that will strategically generate interest and buzz (normally, a bit below market value). This is a proven strategy that generates qualified offers for my sellers.



Examples of Unsuccessful Real Estate Pricing Strategies:

  • Pricing a property to satisfy a seller’s ego is a deathstroke for selling real estate. It’s the truth.In the real estate industry, we call agents who acquiesce to a seller’s ego and price a listing well above market value “Highballers.” A highballer’s inventory usually has listings that sit on the market indefinitely. These types of properties only sell when the seller eventually realizes that a price reduction is necessary to resonate with qualified and interested buyers.
  • Pricing real estate to sell has nothing to do with how much the property is worth. I’ve heard of sellers arguing with real estate agents about listing price because of the price the homeowner bought the house for. This is not a solid starting point for pricing discussions.Just because a home was purchased for $3,000,000 does not mean it can be listed for the same or more. Real estate goes through cycles, and market values must dictate sales prices if sellers are motivated to sell.

Here are a few things that sellers must remember do not create value or play a role in their sales price:

  • How much a seller initially bought the property for.
  • How many price reductions have already occurred.
  • How much the seller wants to net (net proceeds) from the property.
  • (In a depreciating market) How much the seller has spent on upgrades on the property.
  • Why the seller is selling (death, divorce, court order, all of these things do not create value).
  • How much time the seller has spent working on the property.
  • Raising the price and calling it an opportunity lost for potential buyers.

 

5 Ways To Add Value To Your Aspen Real Estate

5-Mortgage
When your home hits the Aspen real estate market you want to be sure that you get as much value out of your property as possible. So, here are a handful of tips from a professional real estate agent in Aspen that will add value to your home.

Buyers love these additions. These are fairly easy and cost-effective changes for sellers to make that will boost sales prices. Plus, these five things will increase your chances of a successful sale.

5 Tips That Will Add Value to Your Aspen Real Estate

1. Invest In New Kitchen Appliances: Whenever I walk buyers through a property they always gravitate towards the kitchen first. As they say, first impressions matter; so, consider updating your kitchen to leave a lasting impression on buyers. This cost-effective real estate tip will payoff in the long run, resulting in higher offers.

An entire kitchen remodel is not needed to leave a memorable mark on buyers, but updating appliances, replacing cabinet doors, and swapping out old hardware for new hardware are affordable ways for sellers to make a lasting impact on buyers.

Have a look at the easy updates this seller made on their kitchen. These affordable changes made for big ROI when the listing sold:

5-kitchen-before-after

2. Buyers Love Updated Bathroom Fixtures: Little tweaks and updates to your bathrooms will go a long way with buyers. Think about updating bathroom fixtures like your sink, vanity, and faucet. Simple swap-outs will give a dated bathroom style, and resonate with buyers.

3. Energy Saving Will Add Value: Without question, adding insulation to your home is the most inexpensive way to increase your value and add to your home’s energy saving. Think about it: Sellers love learning that heating and cooling will cost them 25% less in your home. I’ve see buyers who are willing to make above-ask offers on energy-efficient homes.

4. Focus On Storage & Organization: My most successful sellers understand: “Everything in it’s right place and a place for everything.” Spend time, energy, and resources on uncluttering your home. Why? The space will look bigger and cleaner. Buyers need to picture themselves, their family, and their possessions in your home. Adding creative storage options is also a plus that will result in added value to your property.

5. Curbside Appeal Is A Real Thing: Keep your lawn green, trim the hedges, plant flowers, and spruce up your front porch. Buyers love when a property’s curbside details are memorable. And, pay attention to your property’s curbside appeal the entire time home is on the market, not just on days that the listing broker is showing your property. It’s amazing how often serious buyers will drive by the home they’re considering before making an offer, and you want your home to look beautiful every time the buyer happens to be “in the neighborhood…”

8 Questions Sellers Should Ask During A Real Estate Listing Presentation

For a seller, picking the right real estate agent in Aspen to list your property with is an important decision. The term “listing presentation” is thrown around a lot, and essentially, a listing presentation is twofold:

  1. Sellers are able to meet with and interview a number of hand-picked real estate agents before making their decision about who to work with;
  2. Real estate agents are able to learn more about the client, their needs, the property, and present their plan for how to market and sell the listing.

As you know, choosing a listing agent in Aspen is one of the most important parts of the real estate sales process. Sellers and agents need to trust each other and have open communication to ensure the clients needs are met in a quality and timely manner.

So, how does a seller properly vet a real estate agent to make sure that person is the right agent to move forward with? Great question! Throughout my career as a successful real estate agent in Aspen, I have cobbled together eight questions that sellers should ask during a real estate presentation.

 

8-Million_Dollar_Listing_Client_Pres

8 Questions Sellers Should Ask During A Real Estate Listing Presentation:

1. “Why are you the right real estate agent to sell my home?”

After introductions, pleasantries, and a tour of the property that will be listed on the market, this is the perfect question to ask a real estate broker to begin a listing presentation. As a seller, you need to know if the Realtor you’re meeting with is qualified and meets your standards for representation.

You’ll know you’re sitting down with a worth Realtor if the agent communicates clearly and concisely, and answers your question articulately. The real estate agent should present certifications to you, such as accreditations earned through the National Association of Realtors. As a seller, you need to know that this agent is knowledgeable, educated, experienced, and dedicated.

Another thing to listen for when the agent is answering your first question is the agent’s sales history and track record. Take note of how many homes that agent has recently sold, what types of properties make up the agent’s inventory, average sales price, etc.

Numbers speak for themselves, and if you’re selling your luxury real estate, you need a real estate agent who is intimate with their numbers and stats. Listen for a thorough explanation of the agent’s big wins, successful closing, sales history, and track record.

Other things to note with this question:

  • Does the person you’re meeting with work full-time as a real estate agent?
  • What office or brokerage do they work for?
  • Do they focus on buyers, sellers, or both?

2. “There are a lot of real estate agents in Aspen, how are you different from the other local agents?”

There’s an art to answering this question that will hint at how attentive and experienced a real estate agent truly is—traits that are required to be a good negotiator. You don’t want to hear the real estate agent say they’re “better” than the competition, and you don’t want the agent to jump into a comparison between them self and other local agents. Those answers will hint that the Realtor is either arrogant or consumed with the competition.

The best thing you can hear an agent say to this question is that they are passionate about real estate and that their only focus is on the best interest of their clients. To successfully sell your home, you need an agent who approaches every single day with enthusiasm, passion, and excitement.

Listen for things like:

  • Why did this agent get involved in the real estate industry?
  • How does this agent delight clients?
  • How many repeat clients and word-of-mouth leads does this agent generate?
  • What kind of relationships does this agent establish with clients?
  • How knowledgeable of technology does this agent utilize to market and sell properties?
  • Does the agent find fulfillment and enjoyment in helping people sell their home and find their dream home?

3. “Now that you’ve seen my home, what would you recommend changing so that it sells?”

If you take away one thing from asking this question during a real estate listing presentation it should be: How well does the Realtor answer a challenging question spontaneously?

Remember to note these things, too:

  • Does the agent cite specific features of your home?
  • Are they tuned into design, architecture, lifestyle, and history?
  • Do they have a clear picture of the buyer they’re trying to resonate with?
  • Are they selling the lifestyle?
  • Can the real estate agent tactfully and respectfully discuss touchy and personal matters without coming across as insulting?
  • Does staging the home come up? Does the real estate agent have a clear plan for staging the home to sell?

The best answer, one that illustrates you’re meeting with a thoughtful and conscientious Realtor, is if the agent acknowledges your question and asks for some time to come up with a thorough staging strategy. You want an in-depth analysis about how to present your home, but that can come via email after the presentation.