The New Buyer-Broker Agreement in America & Specifically Park City

The real estate landscape in America has changed. As of August 17, 2024, new guidelines require prospective buyers to sign a written buyer agreement before viewing properties. It's been a month since these changes were implemented, and I wanted to take some time to observe how they've affected real-world transactions before discussing them. While the intent is to create more structure and transparency, it has added complexity and friction that agents, including myself, didn't necessarily expect - however, it's mostly changed the timing of when paperwork is presented and expanded our strategy of moving forward in a transaction.

For example, last week, a past client wanted to…

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The Most Expensive Homes in Park City, Utah

Park City's ultra-luxury real estate market continues to evolve, offering exclusive opportunities for those seeking world-class homes in one of the most desirable areas in the country. Whether you are searching for a ski-in-ski-out retreat, a modern estate with cutting-edge amenities, or a historic property with timeless charm, Park City delivers unparalleled luxury. Below, we explore the highest-priced properties currently available, highlighting their extraordinary features and the unique lifestyles they offer.

In addition to showcasing these exceptional homes, this guide provides insight into the importance of partnering with an experienced Park City Realtor specializing in luxury real estate. With…

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The Best Time of Year to Buy a Condo in Park City, Utah: 2000-2024 Condo Sales Analysis

When to buy a condo in Park City & Deer Valley1. Executive Summary

Over the past two decades, condo sales in Park City have shown distinct trends based on seasons and months. While many buyers might assume that winter (during ski season) would be the best time to buy due to Park City’s reputation as a winter sports hub, the data suggests otherwise. Our analysis shows that February, March, and August have the lowest sales volume, providing the best opportunities for buyers to find favorable prices with reduced competition.

In contrast, June and December are peak sales months, meaning there’s more competition, and prices tend to be higher.

This blog post details these trends, helping potential buyers…

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Owning a luxury vacation home in Park City offers a combination of lifestyle, investment potential, and access to top-tier amenities. Whether seeking a peaceful mountain retreat or an investment property that generates rental income, Park City Real Estate is a prime market for luxury buyers.

Key Considerations When Buying a Luxury Vacation Home in Park City?

Park City real estate offers more than a winter destination; we have a year-round haven for those who embrace an active and luxurious lifestyle. Situated in the Wasatch Mountains, Park City is home to world-class ski resorts like Deer Valley and Canyons Village, as well as Park City Mountain Resort. Park City has everything you could want for those seeking a seasonal getaway.

Key Points…

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Understanding Ski-In-Ski-Out Properties in Park City: The Ultimate Guide to Luxury Ski Homes and Condos

Park City, Utah, is a premier destination for those who seek luxury living combined with the thrill of mountain adventure. The term ski-in-ski-out is synonymous with convenience and exclusivity, offering direct access to the slopes of Park City's world-renowned ski resorts: Deer Valley Resort, Park City Mountain Resort, and Canyons Village. But what exactly does ski-in-ski-out mean in this beautiful mountain town, and how does it differ across various properties? Let's explore the different types of ski access and the communities that offer them.

Ski Resort Access in Park City

Park City offers a variety of ski-in-ski-out access types,…

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Park City, Utah, is one of the country’s most desirable locations for luxury living, combining outdoor adventure with refined elegance. Whether considering a permanent residence or a vacation home, new construction in Park City offers unique advantages. From state-of-the-art energy efficiency to personalized designs, owning a new home means enjoying modern comfort while benefiting from long-term value. Explore why new construction properties in Deer Valley, Park City Mountain Resort (Old Town), and Canyons Village might be the perfect fit for you.

1. Custom Mountain Design

One of the greatest advantages of buying a new construction home is the ability to customize every detail. Whether you envision a modern design or a traditional mountain…

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The Bald Eagle Club in Deer Valley, Park City, is an exclusive enclave offering luxury ski-in-ski-out homes in Park City, Utah. Known for its exceptional location and stunning natural surroundings, this gated community is a sought-after destination for those seeking a unique blend of elegance, comfort, and adventure. With three exceptional homes currently available, now is the perfect time to buy a ski home in Deer Valley.

Purchasing a property before winter allows for a thorough inspection before the snow falls, ensuring peace of mind. Additionally, owning a Deer Valley home means enjoying the upcoming holiday season in the comfort of your own luxury retreat, surrounded by loved ones and friends. Don’t miss the opportunity to experience some of the…

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Discover the Elegance of Marcella Golf Homes

If you seek a luxurious lifestyle combined with the charm of Park City's natural beauty, Marcella Golf Homes offers an unmatched living experience. Near the prestigious Deer Valley Resort Area, these homes exemplify sophisticated living with stunning mountain views and world-class amenities.

Derrik's Firsthand Preview of Marcella's Outstanding Views and Remarkable Setting

Recently, I had the opportunity to tour Marcella and preview the exciting developments to come. The views are truly outstanding and, in my opinion, among the best in the Park City area.

This unique location offers breathtaking panoramas of Mount Timpanogos, Deer Creek Reservoir, and Jordanelle Reservoir. Marcella Golf Homes…

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Exceptional Real Estate and Construction Services

The Simple Solution for Building in Park City, Utah, has never been easier, thanks to the Park City Home Builder Buyer Services offered by Derrik & Co. By teaming up with a local custom home builder, we provide a seamless and efficient home-building experience tailored to your unique needs and lifestyle.

Seamless Coordination and Problem Solving

Our comprehensive Builder Buyer Program is designed to make the home-building process as simple and organized as possible. By choosing our services, you can access a team vetted for reliability and excellence. Whether you need a Park City general contractor or assistance navigating the complexities of new construction, we are here to help.

Our program…

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The Ultimate Guide to Investing in Heber Valley

In the ever-evolving landscape of Heber Valley real estate, a comprehensive set of guidelines for investment properties has long been absent. Last week, a meeting with a Heber City official shed light on the rental regulations, providing much-needed clarity for investors. This article aims to elucidate the rules and guidelines for investing in Heber, Utah.

Park City, Midway, and Jordanelle areas have established short-term rental regulations for years. Now, Heber joins their ranks with a clear framework for short-term rentals. The upcoming Deer Valley East Village expansion, previously known as the Mayflower area, will transform investing and living in the Heber Valley. Continue reading to discover…

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