In a recent report from Coldwell Banker, 37 percent of new home buyers are seeking homes that are large enough to accommodate multiple generations.

With the recent economy, many are looking to provide space for mom or dad to move in and help out with the bills, or even for the kids who may be having troubles getting started in this rough patch.

Read more about this trend at The Real Estate Bloggers.

Posted in GenX GenY

REALTOR® Magazine's Online Editor, Brian Summerfield, takes a look at the recent report from the Urban Land Institute that outlines a few important demographic groups in real estate going into the new decade:

• Aging baby boomers (55 to 64)
• Younger baby boomers (46 to 54)
• Generation Y

Read the full post about the importance of these demographics here.

Posted in Education And Training, GenX GenY

A new report, Housing in America: The Next Decade, authored by John K. McIlwain, senior resident fellow, Urban Land Institute/J. Ronald Terwilliger Chair for Housing, cites four major U.S. demographic waves to watch: baby boomer, younger baby boomers, Gen Y and immigrants.

McIlwain said that economic and land constraints make it impossible for urban infill development to accommodate all the housing demand represented by all these demographic groups, and, a result, suburban development "must adapt or it will be obsolete." The suburban century is over. This is the urban century."

Read more at RISMedia.

Posted in GenX GenY, Online Education

Kathy Soltero:  Welcome to Metro Brokers TV, I am Kathy Soltero.  Today we have the distinct pleasure of having Greg Hinkson with us today from Metro Brokers Hinkson and Company and Greg, tell me a little bit about your company first of all.

Greg Hinkson:  I started off with Metro Brokers; I started underneath my mother who had been with Metro Brokers for 30 plus years.  She has been an agent since I was five years old and I came on with her, started working underneath her, and got all my training with here and with Metro Brokers and have since taken over she has retired and I have taken over the business and continued on working in the Denver Metro Area as well as where I grew up which was Northglenn, Colorado.

Interviewer:  And your specific location she started up in Northglenn?

Greg Hinkson:  She started up in Northglenn where I was born and raised.  I still do up 40% of my business up there, but I have since moved down to Denver and specialized a lot in the older Curtis Park, Park Hill neighborhoods, neighborhoods around Denver.

Interviewer:  Now you have really kind of a unique situation since you took over your mother's Metro Brokers Company, tell us a little bit about that.

Greg Hinkson:  Well I think I am different in the fact that most people will start off with a larger company and try to get some training that way and move on then potentially to somebody like Metro Brokers.  I started with Metro Brokers underneath my mother.  The one thing I would say I believe it's not such a watered down version of real estate.  You kind of start and learn in the trenches you really understand you are not, you are learning more one on one, you are not getting a classroom training, you have somebody that you actually go to the field with, learn as it goes.  So I think you get a real perspective of how real estate is and are better and more you know better equipped to handle real estate as you grow in your business.

Interviewer:  Obviously when you are starting out real estate its kind of intimidating to think, oh, I don't want to go it alone, I don't want to go into one of these companies that you know its only one or two people in there I want to maybe be with a few others that sort of thing, but I think Metro Brokers actually offers a larger group of people too.

Greg Hinkson:  Absolutely.  In my office for instance in Northglenn we have many agents that I can communicate with, we bump questions off each other certain situations.  Its just like being another agents, larger agents except if you are not relying on one broker you have many brokers with as much experience as that one broker and some of your larger companies and you can bounce it off of numerous people like that and get a very good answer solid way to handle things in that point forward if you have a sticky situation or something that comes up.

Interviewer:  Now you said that your mother's business is 30 years or so you took over after 30 years with Metro, she was about 30 years with Metro Brokers and she mostly focused in Northglenn and up in that area and now you say you've moved down here quite a bit too?

Greg Hinkson:  Yes I have years ago about an old Victorian down in Curtis Park and because I live in the neighborhood, watched the neighborhood and grown some in the neighborhood, I started to specialize down there as well it's a new place that I love and plan to continue living.  So I have moved a lot of my business there but I still handle a whole lot in Northglenn, Thornton because I again was a native born and raised and know it like the back of my hand.

Interviewer:  Absolutely that's great.  Well what can you tell other brokers if they are considering moving over to Metro Brokers, why should they do it?

Greg Hinkson:  Experience, its I don't think you can go to any other company at least in Colorado and get the experience in one office that you can into Metro Brokers.  You have numerous employing brokers in some cases, independent brokers, the years involved in an office of real estate experience into Metro Brokers I think far exceeds any of that I have heard of anyway and you are not relying on one person for their answer you can get a pool of people with a ton of experience and get an answer from all of them.

Interviewer:  All right oh Greg I am sure you have got tons of experience especially with your mom's experience behind you and all that sort of thing, how much did that translate as far as her clientele coming over to you?

Greg Hinkson:  It's more than you think it's really, it's hard to gauge exactly but you know because you will get one client which offers three more clients which of those offer three more clients.  So it really does trickle down I think a lot of people expect to gain 30 deals in a year and it doesn't really work that way you get some deals as it goes five years down the road all of sudden somebody calls and says I worked with your mother 20 years ago and my daughter now wants to buy this and that, very hard thing to track but I think if you really did track you would understand it's a whole lot of things that progress and grow over the years just like any other referral.

Interviewer:  Right well Greg thank you very much for joining us.

Greg Hinkson:  Thank you.

Interviewer:  Metro Brokers Hinkson and Associates on Metro Brokers, TV have a great day.

Greg Hinkson:  Thank you, you too. 

Posted in Metro Brokers TV Advantages, Announcements, MBI News, GenX GenY, Metro Brokers Agents

Metro Brokers TV:  Hi.  I am Amy Chase.  Welcome to Metro Brokers TV.  I am here today with Justin Juarez, Justin, great office.

Justin Juarez:  Thank you so much Amy.

Metro Brokers TV:  Tell me a little bit about it.  Where are you located and how long have you been here?

Justin Juarez:  Well, we are a new office located in the East Highland area.  We are just west of the Diamond Hill Business Center.  We have been here since February of 2009 and we are very excited about our location and this energy we are creating here.

Metro Brokers TV:  Terrific.  Justin, tell me a little bit about your background.  How long have you been in real estate and are you specializing in any one particular area?

Justin Juarez:  I have been in real estate for about nine years now.  So, during that time I have seen lots of different markets.  Originally when I got in, I started specializing in first time home buyers, then I started working with my sphere in my second and third homes and as the times changed, so did my business and now I am pretty much focusing with investors and we are adapting to today's real estate market.

Metro Brokers TV:  Terrific and as we mentioned, this is a new space for you, a little bit different than what you are used to working in.  Tell me why you came to a space like this, what was attractive about it for you?

Justin Juarez:  Well, you know, Amy, I worked in different offices, lots of cubes, bullpens, the whole nine, and when we opened this office, we wanted to kind of create something that was going to be representative of today's agents.  Most agents are very mobile and it gives them the freedom to kind of create their own business model, but still gives them the professional atmosphere if they need to meet with a client or you know have the resources and tools to be successful in real estate.

Metro Brokers TV:  And how are you attracting new agents to this space with this changing business model, you know, off site agents, how is that working out for you and what are you doing to attract new agents?

Justin Juarez:  You know, we have had great success.  My biggest thing is that I am using Internet marketing, CraigsList, e-flyer marketing, and then also just word of mouth; as with anything, the best way to get it to the masses is through the masses.  So, my agents have been great and other associates out of my office have been spreading the word for us as well.

Metro Brokers TV:  Terrific and tell me two reasons why have you stayed with Metro Brokers, what works for you and what do you like about Metro Brokers?

Justin Juarez:  You know that's a great question Amy and to be honest with you, I got about three on the top of my mind; #1, flexibility.  Metro Brokers allows me to create my business model that works effectively for me and allows me to operate with a big name brand recognition and also the corporate support is unmatched.

Metro Brokers TV:  Terrific.  Well, Justin, thanks so much for taking the time to work with us today and good luck.

Justin Juarez:  Thank you very much Amy, have a great day.

Metro Brokers TV:  Yeah, you too, thanks

Posted in Join Metro Brokers, Who's New, Movers and Shakers, MBI News, Franchise Opportunity, GenX GenY, Metro Brokers Offices