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What to Expect From a Colorado Real Estate Agent

Brian Lee BurkeBrian Lee Burke
Feb 6, 2020 • 7 min read
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What to Expect From a Colorado Real Estate Agent

A Colorado real estate agent's job is to run the transaction end to end: pricing, marketing or search, negotiation, paperwork and deadlines, so a buyer or seller does not have to learn the state's contract law in the middle of the biggest purchase of their life. Below is what that work looks like in practice, on the Front Range, from the first call to the closing table.

What does a real estate agent actually do for a buyer?

A buyer's agent sets up a search with real MLS data (not a scraped listing feed), tours homes, writes and negotiates the offer, tracks every deadline in the contract, orders and reviews the inspection, and manages the appraisal and title work through closing. The agent is also the one who tells a buyer when a home is priced wrong, has a structural issue, or sits on a lot with a drainage problem before the buyer falls in love with it.

What does a real estate agent do for a seller?

A listing agent prices the home using recent closed comparables (not just active listings), prepares it for photos and showings, manages the marketing and the buyer inquiries, negotiates the contract terms, and coordinates inspection repairs, appraisal, and the closing timeline. The Smart Pricing Report from the Kenna Real Estate Group builds this pricing analysis from closed Front Range sales, not a list-price guess.

How is a Colorado real estate agent paid?

Agents are paid a commission at closing, split between the listing side and the buyer's side, and set by the listing agreement or a separate buyer agreement signed before showings begin. Colorado's practice standard changed in 2024: buyer commission is now negotiated directly with the buyer in a written agreement, separate from what the seller offers.

Can I negotiate an agent's commission?

Yes. Commission is negotiable on both the listing side and the buyer side, and Colorado requires a signed buyer representation agreement that states the rate in writing before an agent shows a home. Ask for the number in dollars, not just a percentage, so it is clear before an offer goes in.

What is a seller's property disclosure in Colorado?

Colorado sellers complete a Seller's Property Disclosure that covers the roof, foundation, mechanical systems, water intrusion, radon testing history, and known defects. A buyer's agent reads this document line by line with the buyer and flags anything that needs a follow-up question or a specialist inspection, such as a structural engineer for foundation movement in expansive clay soil.

What is the inspection objection deadline?

Colorado's standard contract sets a specific date, 7 to 10 days after acceptance on most Front Range contracts, by which a buyer must submit an inspection objection listing any repairs or credits requested. Miss that date and the right to negotiate repairs is gone, so an agent who tracks this calendar closely protects a buyer's negotiating position in that window.

What is a normal communication cadence with an agent?

During an active search or listing, a client should hear from their agent at least weekly, and within a business day any time an offer, inspection result, or appraisal comes back. A buyer who submits an offer in a multiple-offer situation should expect a same-day update once the seller responds, not a call three days later.

What questions should I ask before hiring an agent?

  • How many Front Range transactions did you close in the last 12 months? Recent, local volume matters more than years in the business.
  • What is your plan for pricing or search strategy on my specific home or neighborhood? A generic answer is a warning sign.
  • Who handles my file when you are unavailable? A team structure means someone always answers.
  • What does your commission agreement say, in dollars? Get it in writing before touring homes.

What is the difference between a buyer's agent and a listing agent?

A listing agent represents the seller and owes the seller fiduciary duty; a buyer's agent represents the buyer under a signed buyer agreement and owes that same duty to the buyer. Working directly with the listing agent on a home you want to buy means no one at the table represents your interests alone.

Do I need an agent to buy a new construction home from a builder?

Yes, and it costs a buyer nothing extra in most cases, because the builder's sales office represents the builder, not the buyer. A buyer's agent reviews the builder contract, the upgrade pricing, the warranty terms, and the construction timeline, and registers the buyer on the first visit, since most builders require agent registration at the initial site visit to include the agent in the transaction. See the new construction homes by area guide and why a buyer's agent matters for new construction.

How long does it take to close on a home on the Front Range?

A financed purchase closes in 30 to 45 days from an accepted offer; a cash purchase can close in 10 to 15 days. Appraisal turnaround, loan underwriting, and title work set the pace, and an agent's job is to keep every party moving on the agreed date.

What happens after an offer is accepted?

The inspection is scheduled and completed, the objection deadline is met, the appraisal is ordered by the lender, title work begins, and final loan documents are prepared. An agent tracks each deadline on the contract and flags any delay before it puts the closing date at risk.

What is earnest money and how much is typical in Colorado?

Earnest money is a deposit that shows a buyer's commitment, held in escrow and credited toward closing costs at the end. On the Front Range it runs 1% to 3% of the purchase price, and the contract specifies exactly when it becomes non-refundable.

What makes an agent effective in a multiple-offer market?

Knowing the seller's real priorities beyond price (closing date flexibility, rent-back terms, inspection approach), writing a clean offer with no unnecessary contingencies, and calling the listing agent directly to ask what matters most to the seller. Denver metro and Colorado Springs both see multiple-offer situations on well-priced homes, and the agent who calls first learns something the written offer alone will not reveal.

How does an agent help price a home correctly?

Pricing uses closed sales from the last 90 days within a half-mile to a mile, adjusted for square footage, lot size, condition, and upgrades, not the highest number a homeowner hopes to get. Overpricing a Front Range home by even 5% adds weeks on market and ends in a price cut that costs more than pricing it right the first time. The Kenna Real Estate Group builds this into the Smart Pricing Report.

What should I expect at closing?

A title company or attorney conducts the closing, the buyer wires or brings certified funds for the remaining down payment and closing costs, and both parties sign the deed, settlement statement, and loan documents. The agent attends to confirm the numbers match what was negotiated and to hand over keys, garage remotes, and access codes.

How do I switch agents if the relationship is not working?

Check the term of the signed listing or buyer agreement; most allow either party to cancel in writing with notice, and a professional agent will not hold a client to a relationship that is not working. Ask directly what the cancellation terms are before signing.

Where to go next

Talk to the Kenna Real Estate Group

The Kenna Real Estate Group runs the pricing, negotiation, and paperwork on every Front Range purchase or sale so a client's questions get answered before they become problems. Call or text 303-955-4220. A live person answers. Not a robot, not a phone tree. Start by browsing to search every home for sale in Colorado.

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Questions about any home in Colorado? Call or text 303-955-4220. A live person answers.

Quick answers

Do buyers pay their agent directly in Colorado?

Buyer compensation is set in a written buyer agreement signed before showings, and the amount is negotiable; it is not automatically paid by the seller.

What is the inspection objection deadline in Colorado?

It is the date in the contract, 7 to 10 days after acceptance on most Front Range contracts, by which a buyer must submit repair or credit requests in writing or lose the right to negotiate them.

How many homes should I see before making an offer?

There is no fixed number; a buyer with a clear list of must-haves and a strong agent search makes a confident offer within 3 to 8 showings.

Is the Seller's Property Disclosure legally required in Colorado?

Colorado's standard contract includes the disclosure as a required document, and a seller who knowingly omits a known defect faces legal exposure after closing.

How much is earnest money in Colorado?

Earnest money on the Front Range runs 1% to 3% of the purchase price and is credited toward the buyer's closing costs.

Can I use the builder's on-site agent instead of my own?

The builder's on-site agent represents the builder. Bringing a buyer's agent on the first visit adds representation at no extra cost in most new construction contracts.

How long does closing take once an offer is accepted?

A financed purchase closes in 30 to 45 days; an all-cash purchase closes in 10 to 15 days.

What should I ask an agent before signing an agreement?

Ask for recent Front Range closings, the commission in dollars, and who covers the file when the agent is unavailable.

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WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2003, Author

Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2003, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.

WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2003, Author

Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2003, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.