Metro Brokers Jesse Sehlmeyer sticks to the basic fundamentals for real estate success
MetroBrokersTV: Welcome to Metro Brokers TV and we are here today with Jesse Sehlmeyer of Vintage Homes of Denver and welcome Jesse.
Jesse Sehlmeyer: Thanks Mark.
MetroBrokersTV: Hey, part of the reason we are interviewing you today is you are one of the more successful agents in the southeast Denver area. Why don't you tell us a little bit about your business and where you practice your business?
Jesse Sehlmeyer: Vintage Homes of Denver was really created to specialize in the old Denver markets around Wash Park, Platt Park, Congress Park, really the enclaves of Denver, being a Denver native and growing up learning the history of Denver. I really want to focus my business on one very specific area of town and that has been the focus of our business over the last several years.
MetroBrokersTV: Your office is on Pearl Street, right?
Jesse Sehlmeyer: Yeah, right on 1601 S Pearl Street, right in the heart of the shopping district.
MetroBrokersTV: So, tell me do you do mostly work with investors, developers right now.
Jesse Sehlmeyer: Doing a lot of investment development including scrape offs and pop tops, major renovation project properties. That is definitely core of our business, but we also do quite a bit of resale in old Denver since that has been an area we have marketed to since day one as well.
MetroBrokersTV: So, tell me, we are in the second half year 2008, how has that business being going? How is your market doing with the economic conditions today?
Jesse Sehlmeyer: At this point, we are actually still about 97% of planned projections for sales and volume this year and most of the properties that we put out are still selling within a very reasonable timeframe for the market, even considering what people are considering a slow down in the market as a whole, we have had great success in areas that we do business in. Markets are very localized and I think you just have to really show the consumer that these local areas of Denver are still doing quite well and you really have to also prove these markets are doing well also.
MetroBrokersTV: So, average agent last year metro Denver doing less than three transactions. What are you doing as far as marketing program? Do you have a sphere of influence? Are you using paper marketing, electronic mediums?
Jesse Sehlmeyer: At this point, we always market heavily to our sphere of influence, our database and really looking for that long term referral business, that has been a big anchor and we are also doing electronic mailings to them at this point and we are also getting into the video segment, like Obeo somewhat or Vid2rl looking at going forward as a part of our overall marketing.
MetroBrokersTV: So, you are working with snail mail and newsletter to clients, electronic newsletters to clients, upgrading things as far as video on your properties and so forth and anything else you are doing out there to stay successful?
Jesse Sehlmeyer: I think really it seems kind of like a funny way doing things by just getting out there and meeting people in public. I try to at least I would say one to three lunches a week meeting a new investor or builder and just really getting out there and trying to see what they are doing in the market and how we might be able to work with them in the market.
MetroBrokersTV: Real estate is a contact sport.
Jesse Sehlmeyer: Yeah, just getting out there and meeting people and nuturing those relationships for the long term.
MetroBrokersTV: Well, we appreciate you coming in today Jesse and appreciate your input.
Jesse Sehlmeyer: Thanks.
This post has no feedback awaiting moderation...
