Who Called from the phone number (435) 200-5478

Do you keep getting calls from (435) 200-5478? Well, if so, it’s me calling you. You signed up on my website regarding real estate in the Park City area. I have a plan set up to ensure I contact everyone who registers (I know that registration button is annoying and it forces you to give your email and phone number but it gives me the highest probability of contacting you and helping you to buy or sell real estate in the Park City area) to make sure they are on the Goldilocks schedule of follow-up. Not so much you’ll get annoyed but enough that it’s a quick email or a 20-second phone call to remind you that if you need anything I’m here for you when you’re ready. I never want a client to think I’m one of…

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Who called me from 833-Ski-Home-or-Call-833-754-4663?

Who called me?I have added a toll-free phone number so you can contact me easily from the main page of www.RealEstateInParkCity.com. If you are interested in buying or selling real estate in Park City you can reach Derrik Carlson at 833-Ski-Home. It's as easy as dialing (833) 754-4663 on your phone or clicking the image above if you've already clicked read full post on the blog. As always, you can also reach me, Derrik Carlson, on my cell phone at 435-200-LIST | (435) 200-5478. 

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In the past week, I have overheard three different discussions about capital gains when someone is selling their Park City home. Capital gains on the sale of a primary residence is often misunderstood and because I'm not a CPA, tax advisor, etc I must say it's best to consult a licensed professional regarding any proceeds when selling a property. 

Here's what the IRS has to say about the sale of your home: "If you have a capital gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income. You may qualify to exclude up to $500,000 of that gain if you file a joint return with your spouse. Publication 523, Selling Your Home, provides rules and worksheets. Topic 409 covers general capital gain and loss…

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Midway Utah Homes for Sale 

Midway Single Family Homes in the Past 365 Days | Market Update

- 233 total single family homes for sale
- 45 Midway homes currently for sale
- 110 Midway homes have sold in the past year
- 40 homes did not sell
- 7 homes are currently in escrow
- 31 were taken off the market before they sold or expired
- Average Midway Home Price is $538,370
- The median home price is $447,000
- It took an average of 85 days for the home to sell
- Four homes over $1,000,000 sold
- No homes sold in the $900,000-$1 Million sold
- Ten homes sold in $800,000's
- Four homes sold in the $700,000's
- Eleven homes sold in the $600,000's
- Twenty-three homes sold in the $500,000's
- Twenty-nine homes sold in the $400,000's
- Eighteen homes sold in the $300,000's
- Six homes sold in the…

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Largest Home to Sell in Park City & Deer Valley, Utah

The largest home that has ever sold in Park City, Utah was a ski-in ski-out home at the base of The Canyons' Ninety-Nine Ninety and Peak Five chair lifts.  69 White Pine Canyon is 33,000 square feet, 5+ acres, 14 bedrooms, 22 bathrooms, 12,500 square feet underground heated garage, swimming pool, it was sold fully furnished.  

This home sold in The Colony on 1/21/2021.

Click Here View The Luxury Homes of Park City, Utah

Largest Home To Ever Sell In Park City Utah

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Thinking of buying a home or condo in Old Town Park City?   I have attached a graph to illustrate pricing of homes and condos in Old Town.  As you can see our prices are back to the mid 2000's.  You should know that over 45% of buyers pay cash in Park City and the real estate market was recently rated a 9 out of 10 for the health of the real estate market in area code 84060.       Old Town Homes and Condos for Sale | http://www.realestateinparkcity.com/old-town.php Old Town Subdivisions | http://www.realestateinparkcity.com/old-town.php#oldtownsubdivisions

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How to Negotiate Luxury Real Estate Deals

The golden rule of negotiation is to remember there are people and emotions involved when negotiating real estate transactions.  There are times for hard-nosed negotiation and other times where a little bit of compassion works best for everyone - know your situation!

I've recently been running into more and more transactions in the Park City area where the buyers or sellers don't care what the other side thinks about their offer.  For some real estate transactions, it's strictly about numbers but I'm estimating that is for less than 5% of transactions in today's market.  

Buyer: As a buyer, you should remember that the sellers loved their home and in most cases, they have made many good memories and…

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Who Buys Real Estate in Park City, Utah

Below you will find the ranking, location, number of owners, and percentage of homes owned are from that purchase a property in Park City, Utah.  The numbers below come from local statistics delivered by county title records.

The percent of ownership appears to be what I would expect except for Florida being at number three and Hawaii being in the top ten. There is often talk about how important marketing globally is for Park City real estate sales but our international sales only account for 1.02% of the market and Mexico is 40% of the international market share. The fact that Mexico owners are 40% of the international owners in Park City is surprising to me because in the past year I've worked with more…

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Verify Before You Wire!

Wiring funds before closing is very important.  If funds are not wired on time, it could delay your closing and possibly create a breach of contract situation.  Below you will find the common items to wire money.  Please remember that every situation and financial institution could have a different set of rules so it is best to ask twice and wire once. 

Visit your bank or credit union and provide the following information.

  • Your name and address
  • Your account number
  • Valid Identification
  • Contact information for the institution of where you are sending the funds (you may be asked for a SWIFT code)
  • Routing number and account number for who will be receiving the funds
  • Often financial institutions will ask the…

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