Breckenridge began as a mining town in the early 1800s. Though it still remains a relatively small city with a population of only 2,000, today Breckenridge is known nationwide for its ski resorts and summer activities.
Breckenridge, Colo., is experiencing growth due to the development of the world class Breckenridge Ski Resort and the availability of numerous sports and cultural activities. Buying a home in Breckenridge is a good choice, not only as an enduring investment, but also as a wonderful lifestyle.
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| Population 2,408 | Median Age 29.4 yrs | Household Size: 2.16 |
| Avg Commute: 10.1 min | Avg Income $43,938 | Avg Home Value: $580,100 |
| July High: 70.7°F | January Low: 0.5°F | |
Buying a Home in Breckenridge
Before buying a home in Breckenridge, Colo., you need to know about the characteristics of the town and of Summit County. Breckenridge is a great recreation town throughout the year.
The Beauty of Breckenridge
Breckenridge is in heart of the Colorado Rocky Mountains, 30 minutes from Vail Pass. It is known as a world famous ski resort town. Breckenridge attracts vacationers from all over the world. For this reason, Breckenridge real estate is now booming. The expansion of the Breckenridge Ski Resort and the town’s many art and cultural venues bring visitors to Breckenridge for a variety of vacation and sports activities.
Breckenridge Location and Information
The town of Breckenridge is 80 miles west of Denver and south of Interstate Route 70. Employment is high in this scenic town. Its largest sectors of jobs are in the arts, entertainment, recreation, accommodations and food services.
The roles of Realtors, real estate brokers and agents
Real estate agents must be licensed by the state, although rules vary from state to state. By taking an additional test to become a broker, the person is eligible to run his or her own office. Generally, the term Realtor indicates that the agent or broker is a member of the National Association of Realtors, which requires following a code of ethics.
Finding a buyer’s real estate agent
One of the first steps in buying a home is to find a buyer’s real estate agent or broker. A buyer’s real estate agent is legally obligated to put the buyer’s priorities first. If you are buying a home with the assistance of a seller’s agent, the agent cannot recommend a price lower than the listed price.
It is important to find a good real estate agent to assist you with the details of buying your home in Breckenridge, Colo. It is common for an agent to represent buyers and be paid a commission by the sellers. Buyers are increasingly hiring and paying for their own “buyer’s broker.”
You can find a broker in various ways. One way is to drive through the neighborhood and mark down the names on signs. Other ways are to look through web site listings or to speak with friends and colleagues. Some real estate agents specialize in a certain type of home, whereas others specialize geographically. It is helpful to find the agent whose style fits well with you. If an agent asks you to sign right away, don’t sign. Ask for the phone numbers of other buyers whom the agent has worked with so you can interview the references about their experience with the agent. You should interview at least three agents or brokers before deciding on the best.
Don’t forget that buying a home in Breckenridge, Colo. is an investment that can be returned to you in later years. Plan well and avoid a costly surprise!
By Gabrielle Strassmann
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®