Reatlor Peter Dokken – Real Estate Blog

Recent Home Sale

April 30th, 2015 · Comments Off on Recent Home Sale

Sarah Michet sold photoMy experience with Peter was absolutely wonderful. I had only seen two houses before I made an appointment with him to view his listing and I hadn’t been pre-approved for a mortgage yet. As soon as I walked into the house, I knew it had to be mine! However, while he was showing it to me, he was notified that someone else had just placed a bid on it. So in the span of that afternoon, Peter took me to his trusted banker, I got pre-approved for a mortgage, and I put in a bid on the house. It was a whirlwind experience for me and I was so happy that Peter was there to guide me. The rest of the mortgage process and closing was extremely smooth-going, and I loved the fact that Peter’s wife, Christy, was available for any and all questions. I really couldn’t be happier with my experience with the Dokken Team! I would without a doubt recommend Peter to any of my friends or family.

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Are You Ready to Buy a House in Rochester, MN?

October 7th, 2014 · Comments Off on Are You Ready to Buy a House in Rochester, MN?

RE/MAX Realtor Peter Dokken provides real estate services in Rochester, MN to help you buy a house or sell a house today!

Buying that first home is something most people look forward to with excitement, anticipation, and yes, a bit of nervousness. Even though it’s exciting to be “on the hunt” for just the right house, it can be a time consuming process. This is where a Rochester, MN real estate agent who is familiar with the area can be an enormous help. RE/MAX Realtor Peter Dokken can help you buy a house in Rochester, MN!

Besides working through a real estate agent, there are a number of things you can do to make the buying process faster, easier and more enjoyable. Here are a few suggestions:

– Is buying a house right for you at this time?

There is a lot to consider. Will you have the time it takes to maintain a house? There are routine tasks that take time like mowing the lawn, caring for plants and shoveling snow during the winter. There is also regular maintenance and repair that needs attention. If this is your first home it can be a great learning experience, but it does take time. There are also expenses related to maintenance and repairs as well as the possibility of higher utility bills than one may have in an apartment. You should also consider how long you plan to live in the area. If you feel comfortable with those matters then you are probably ready to buy your first house!

– Finances

This is perhaps the most important and practical of matters to consider when buying a home. Do you know your credit score? The higher your credit score, the better deal you can get on a mortgage.

Before you start your search, know how much you can afford to finance. You can talk to a lender for specific information or use one of several online mortgage affordability calculators to get a general idea what your budget will allow.

There are other up-front expenses you need to plan for as well like closing costs, attorney fees, appraisals and hiring a building inspector. You may also need to buy additional furniture, appliances and tools like a lawn mower or snow blower. Beyond those there are long-term expenses like taxes and insurance. Being aware of such expenses will make it easier to plan realistically.

– Finding the Right House

If you’ve done your homework with finances you should have a good idea what you can afford. This is where the fun begins. It’s time to dream and plan as you zero in on what type of house and neighborhood meets your needs. Start by making a list of “must have” items. That may include the number of bedrooms, size of the yard, traffic on your street, commute distance to work and shopping as well as what amenities a house offers. You may insist that a home have a minimum number of square feet, attached garage or central air conditioning. Having a checklist makes the search to buy a home in Rochester, MN much easier.

These are all issues a real estate agent can help you work through. When you work with an agent who is familiar with the area, neighborhoods, home values and projected city growth patterns, your search for the right house gets much easier. By enlisting the help of a real estate professional your agent can screen available homes against your list of requirements and show you only the properties that meet your prerequisites and match your budget.

When buyinga home, your real estate agent is your strongest ally and best resource for unbiased information and advice. If you are interested in buying a home or property in the Rochester, MN area, contact realtor Peter Dokken. Peter is a real estate agent with years of experience helping people find their “perfect” home. He has a high rate of customer satisfaction and will skillfully guide you through the buying process.

Whether you are selling or buying a home in Rochester, MN, call RE/MAX Realtor Peter Dokken and become one of his many satisfied clients.

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The True Cost of Selling Your Home in Rochester, MN

September 17th, 2014 · Comments Off on The True Cost of Selling Your Home in Rochester, MN

RE/MAX Realtor Peter Dokken helps you navigate and minimize the added costs of the house selling process.

You’ve made the decision to sell your house. You decide on a price, put it on the market, wait for it to sell, take the profit from your equity and get on with life, right? Unfortunately, it’s not quite that simple. There are additional expenses to pay, and some mistakes you might make could end up costing you money. However, with the right Rochester, MN Realtor, the process doesn’t have to get complicated or unnecessarily expensive. A good real estate agent like RE/MAX Realtor Peter Dokken can help you steer clear of costly slip-ups. Some of the most common and costly mistakes sellers make actually stem from trying to save money.

Error number one: I can save money selling it myself. Sounds like a great way to save 6% to 7% in fees right off the top. Not so, according to the National Association of Realtors. Statistics show that a home listed with a Realtor sells for up to 20% more than homes for sale by owner. Not only that, but you get the experience and advertising power of your real estate agent working for you for fewer complications and a quicker sale.

Error number two: Fresh paint and clean windows don’t really affect the sale price. Painting a house inside and out is at best labor intensive. At worst it can get expensive if you hire someone to do it. The same can be said for window cleaning, If there were ever a case for being “penny-wise and dollar-foolish,” this is it. If paint isn’t fresh looking the house appears poorly cared for no matter how great the floor plan or amenities are. As for dingy windows, they make the whole house seem dreary by not letting in the most light. Grimy windows may also impede the view of your great landscaping job, a major selling point for many home buyers.

Error number three: If the buyer likes the neighborhood and house, they will overlook the little things. There are three words to say about that thinking: Wrong! Wrong! Wrong! The old saying “The devil is in the details” couldn’t be truer. Spending a little extra to upgrade light fixtures, replace a leaking faucet, or something as simple as swapping out plain plastic light switch and outlet covers for nicer options like brass or brushed metal will pay for itself in adding just a bit of a “wow factor” to your home. Potential home buyers don’t overlook the details and are impressed when a seller has gone that little bit extra. Your real estate agent is an excellent resource for pointing out these areas. They have the ability to look at your home with a buyer’s eye.

When it comes to adding details that make your house stand out from the rest, invest in things like extra plush towels for the bathroom, an attractive centerpiece for the kitchen or dining room table, a new table cloth or center runner, throw rugs, and fresh cut flowers for showings.

Finally, have your home inspected by a professional before you put it on the market. Chances are the buyer will hire a professional inspector. It’s much better not to have any surprises when it comes time to close. If problems are discovered early, you have time to make repairs or get estimates on having the repairs made. This will almost always cost less than having a buyer negotiate the selling price down to cover such repairs.

As with any home sale, your Rochester, MN real estate agent is your strongest ally and best resource for unbiased information and advice. If you are selling your home or property in the Rochester, Minnesota area, contact RE/MAX Realtor Peter Dokken in Rochester, MN to sell your home. Peter is a real estate agent with years of experience helping people sell their homes. He has a great sales record and a high rate of customer satisfaction. Give him a call today at 507-251-4151.

Comments Off on The True Cost of Selling Your Home in Rochester, MN Tags: Realtor Peter Dokken · Selling a home ·

Choosing a Real Estate Agent in Rochester, MN

August 29th, 2014 · Comments Off on Choosing a Real Estate Agent in Rochester, MN

Myth: One real estate agent is as good as the next, right? After all, they all have a license and had to get the training to earn it.

When it comes to choosing a real estate agent to buy or sell a home in the Rochester, MN area, wouldn’t it be nice if it was that simple? While it is true that the overwhelming majority of real estate agents are honest, knowledgeable, and have the best interests of their clients in mind, not all real estate agents are the same. Some specialize in certain types of real estate, some have many years of experience on their side, and others have more youth and energy. Choosing a real estate agent is a bit like choosing a doctor, lawyer, financial advisor, or other professional. It’s important to have similar ideas, philosophies, and that certain something that just makes you click as a team.

There are some common pitfalls to be aware of when choosing the best real estate agent to meet your needs. The following are some helpful guidelines to aid you through this process:

Choosing a friend or relative

Having a friend or relative as your real estate agent isn’t necessarily a bad thing, but it does leave you open for potential complications. If for some reason you aren’t happy with your agent it can be more difficult to talk freely with them about problems or their performance. You need to ask yourself if it’s worth the risk of putting a strain on a friendship or family relationship. Keep in mind, they are professionals and will understand if you choose some other agent instead.

Making a snap decision about choosing an agent

Interview more than one real estate agent before deciding who you want to represent you. Different agents have different strengths, personalities and philosophies. A good agent will understand.

Ensure the agent agrees with your desired selling price

Keep in mind that an important part of selling your house is pricing it right. Pricing it too high will limit interest during the critical time of being a new listing. Price your property too low and you’re leaving money on the table. A good real estate agent will know your neighborhood and will be able to tell you what a fair asking price should be.

The alphabet soup after an agent’s name isn’t important.

The “alphabet soup” after an agent’s name actually tell you quite a bit about an agent’s qualifications. Look for designations like CRS – Certified Residential Specialist, GRI – Graduate REALTOR Institute, and SRS – Seller Representative Specialist. These and other designations must be earned through continuing education, experience and performance.

When you are interviewing prospective real estate agents to represent you, ask questions. The best decisions are informed decisions. Ask the agent for two or three references of previous clients. Don’t be shy about asking about an agent’s sales history, like how long their average listing was on the market, or how close it sold to the asking price. If you are new to the Rochester area, ask agents if there are mortgage brokers they recommend, contractors to contact if you plan to repair or remodel your home and, if it applies to you, ask about the characteristics of various neighborhoods, schools, transportation and shopping.

Remember, your real estate agent works for you, and a good agent will want to do what they can to earn your business and make your buying or selling experience positive and hassle free.

As an agent who has years of experience in this market, I am familiar with how the location of a property affects value and livability. When you peruse my references and qualifications, you will find a list of satisfied clients, an excellent sales record, and a high level of agent/client trust.

When you are in the market to buy or sell your home, contact me. I will work with you to make you home buying or selling experience a great one.

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Ready, Set, Sell Your Home in Rochester, MN

August 20th, 2014 · Comments Off on Ready, Set, Sell Your Home in Rochester, MN

RE/MAX Realtor Peter Dokken provides real estate services to sell your home in Rochester, MN! Get ready…and sell!

No matter what you do in life, the more you know, the better the outcome. When it comes to selling your house, that’s especially true. What you don’t know can cost you time and money. When you decide to put your house on the market in Rochester, MN or the surrounding area, there are some things you should consider before that “For Sale” sign goes up in the front yard.

Number one on the list: Do you have any idea what your house is worth in the current market? Price it too high and buyers aren’t likely to even consider looking at it. Price it too low and you’re leaving money on the table. That’s where an experienced real estate agent can be your most valuable resource. Real estate values can vary considerably depending on location, neighborhood, nearby transportation, anticipated areas of future growth, and a long list of other considerations. A knowledgeable real estate agent who is familiar with Rochester will help you price your house to sell at the best selling price possible.

To make your home as attractive as possible to a prospective buyer, try to see your home through their eyes. Just because certain details of your house have special significance to you or reflect your sense of style doesn’t mean a buyer will feel that connection. Your real estate agent will help bring that kind of outside objectivity when evaluating your property.

There’s a lot of truth in the expression, “You never get a second chance to make a first impression.” No matter what kind of careful planning, painting, or cleaning may have been done on the inside of a home, if buyers don’t see that same attention to detail when they drive up, all that hard work may go unnoticed. If the grass needs to be cut, weeding has been neglected, and the paint and trim look less than their best, prospective buyers will begin dwelling on the negatives instead of looking at the positives. Your best efforts to impress on the inside may not win a prospective buyer back from a poor outside showing.

Once your home’s exterior curb appeal has gotten a potential buyer’s attention, there are some critical areas that can mean the difference in winning them over such as:

1. Do a clutter inventory. Shelves and counters that are filled with too many personal items like pictures, keepsakes, and knickknacks can give the impression of less space. Find the balance between too much and too little to make your home feel comfortable yet neat and organized.

2. Kitchens sell houses. Showcase your kitchen by making it feel warm and inviting. Something as simple as setting the table with an attractive center piece or the smell of freshly baked cookies can create a welcoming environment.

3. Storage is always a critical concern. People will look in your closets. Leaving them only half filled with clothing will give the impression of space.

4. Always have your home ready to show. That can make life a little difficult, especially if you have small children. However, you don’t want to miss an opportunity to have your real estate agent show your home even on short notice.

As the housing market continues to improve, the competition to get homes noticed is getting tighter. The best way to give your home an edge is to work with an experienced real estate agent. A skilled real estate agent will know how to market your home and have suggestions about how you can make your home look its best and stand out.

As a RE/MAX Realtor in the Rochester, MN area, I am a real estate agent who has what it takes to sell your house quickly and get you a great selling price. I  know the Rochester area well and understands local market trends. When you work with me to sell your home, you can be sure I will listen to your needs and do what it takes to find just the right buyer for your home.

Whether you are selling a home or buying a home contact me today for your Rochester, MN real estate needs.

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DMC is Key | The Future of Rochester, MN Real Estate

July 28th, 2014 · Comments Off on DMC is Key | The Future of Rochester, MN Real Estate

RE/MAX Realtor Peter Dokken provides real estate assistance during the DMC roll out to buy or sell a home in Rochester, MN

If you’ve spent any time in Rochester, MN lately, you’ve noticed the hot topic of discussion is Destination Medical Center (DMC). Not only is it what people are talking about in Rochester, but DMC is getting a lot of attention and press all across Minnesota. The real estate market in Rochester, MN will soon be filled with those buying a home in Rochester, or people trying to hop on the bandwagon of renting or selling a secondary home.

So what’s all the buzz about? The buzz is about a new way of thinking about the future of an entire city. It’s about turning dreams into long-range planning that is focused on the best a city has to offer.

Since Dr. William W. Mayo opened a medical practice in Rochester, MN during the last half of the nineteenth century, Rochester has been a city built around the advancement of medical treatment and technology. From the early years of the founding of Mayo Clinic by his sons, Dr. William and Dr. Charles Mayo, Rochester has been a city focused on excellence, not only in the science of medicine, but in all aspects of community life. DMC is really an extension of the vision the Mayo brothers had for making Rochester a center for medicine, research, and technology.

Instead of taking a “wait and see” approach to what the future will bring to Rochester, Destination Medical Center is a proactive approach to community growth. Each year, tens of thousands of Mayo Clinic patients and their families visit Rochester, MN. Those numbers are projected to grow significantly. DMC is a long-range plan to grow the city to accommodate that increase with an eye toward expanding the city’s center, transportation, infrastructure, and housing needs. This is perhaps the most exciting time in Rochester’s history.

One of the challenges ahead for the city is to develop a plan for the growth of new neighborhoods, schools, parks, recreation, and higher education. Over the next twenty years, the population of Rochester is projected to grow by as much as 30,000.  We are already seeing the beginning of that growth.

As the city grows and attracts more and more workers and families, the role of Rochester, MN real estate professionals will become far more important. A skilled real estate professional understands trends, population shifts, changes in the real estate market, and what areas of the city best meet the needs of the prospective home buyer and their family.

As a life-long resident of the Rochester area and  RE/MAX Realtor, I am familiar with Rochester and the surrounding area and always working to understand future market trends, population shifts, growth areas, and what each neighborhood and part of the area has to offer.

When you choose me as your RE/MAX Realtor, you are choosing a Rochester, MN real estate professional who is excited about the future of Rochester and committed to working and keeping this community a great place to live.

If you are thinking of selling a home or buying a home in Rochester, MN or would like to know more about moving to Rochester, MN, contact me.

Comments Off on DMC is Key | The Future of Rochester, MN Real Estate Tags: Buyers · Realtor Peter Dokken · Sellers ·

Another Satisfied Customer!

July 25th, 2014 · Comments Off on Another Satisfied Customer!

We wanted to write and tell you how grateful we are, Pete and Christy. We appreciated your prompt attention when we initially called to see a property you had listed. Next, you offered wise counsel regarding improvements to make to our home to get it sold. As you advertised our home it was thrilling to accept an offer after only two days on the market!

Throughout our process you exemplified the highest character and you were both always at the ready as needs arose. We appreciated the wealth of experience you brought to each part of the selling process and your patience with us. We felt supported and cared for and we liked the way you undergirded us and yet respected our decisions.

We are thankful to have become good friends with some of the best! You are a great team…


– Jeff and Beret Canakes

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Selling a Home in Rochester, MN? Realtors make the process easier!

July 23rd, 2014 · Comments Off on Selling a Home in Rochester, MN? Realtors make the process easier!

RE/MAX Realtor Peter Dokken provides expert real estate services to help you sell a home in Rochester, MN – and quick!

Selling a home can be tricky business. There are many components of buying and selling a home to consider – when to list, when to sell, who to sell to, how to prepare, and more. Although it may be tempting to list a home independently, selling a home with a realtor’s help can provide both money-saving benefits and headache-avoiding advice. As a RE/MAX realtor, I am an expert in the field and can help you sell your house in Rochester, MN so you can move into your dream home!

So what are the benefits of using a realtor? Well, there are quite a few! Rochester is a diverse community with many areas to buy and sell, with different prices, neighborhoods, and benefits. I know all about these areas and can help advise clients how to list a home and sell a home in a way that is competitive, attractive to prospective buyers, and successful. Additional benefits of using a realtor like me include:

1. Access and Convenience: As a realtor, this is my profession. I continuously analyze  the market, network with homeowners and buyers, and create an extensive network of resources available for my clients as they move towards either buying a home or selling a home in Rochester, MN.

2. Expert Negotiators: Any real estate transaction requires negotiation. Without expertise in negotiation, this can be a tricky process. To make sure you receive the transaction details you prefer, I can make this process smooth, efficient, and effective!

3. Contracts: Real estate language can be confusing and technical. When it comes time to review contracts, unless a realtor is present to explain the ins and the outs of a contract, you may not be receiving the best deal possible. I can help decipher the information so you understand 100% of your real estate transaction.

4. We tell the truth: By law, I must be truthful throughout the real estate process. This gives clients confidence that they’re receiving full information throughout the Rochester, MN home buying or home selling process.

5. The Money: Although commonly believed that listing a home for sale by owner saves money, this is not typically the case. Details of a real estate transaction can be tricky, and without my input regarding the details of the sale, you may end up losing money.

Convinced? I thought so! If you are looking to sell a home in Rochester, MN, look no further. Contact me today!

Read the full MSN article here

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Selling a Rochester, MN Home in a Competitive Market

June 22nd, 2014 · Comments Off on Selling a Rochester, MN Home in a Competitive Market

Realtor Peter Dokken provides expert real estate services in Rochester, MN to sell your home with ease!

With the economy in a fragile state, there is no doubting that selling a home can be a difficult journey for many looking to sell their property. Because there are many houses on the market, home sellers must differentiate their property from others to stay competitive and ensure their homes will be sold. Thankfully, Realtor Peter Dokken provides assistance when selling your home in Rochester, MN to help you keep a competitive edge throughout your home selling journey.

A 2013 article from Forbes entitled “6 Tips for Selling Your Home Fast” provides intriguing insight into what a home seller can do to sell their home tactfully, efficiently, and successfully. The tips include:

1. “Differentiate from the Neighbors” – Consider adding custom design, landscaping, or other memorable features that home buyers can’t pass up.

2. “Clean the Clutter” – Hire a stager or ensure your home is clean, organized, and clutter-free to appeal to home buyers. A clutter-free home may help them better visualize their new life in your home!

3. “Sweeten the Deal” – Offer items or terms that make the deal too great to pass up. Some home sellers offer assistance with closing costs, home warranties, appliance coverage, etc.

4. “Improve Curb Appeal” – Work hard to make the external appearance of your home fresh, clean, and unique. Your home’s exterior is the first thing a potential buyer will see!

5. “Get Your Home in Move In Condition” – Freshen up all interior details and fix up light fixtures, door handles, etc. Alleviate the stress of dealing with the minute issues for a better experience for your home buyers!

6. “Pricing it Right” – Consult with a Real Estate agent to price your home right based on other homes in the area. Pricing your home at a competitive, yet realistic price, will make all the difference!

Throughout your home selling journey, Realtor Peter Dokken can assist in all details of selling a home in Rochester, MN. Not only does he have years of experience in the Rochester real estate market, but he has the capabilities to get your home sold and get you into your next dream home. The journey of selling a home doesn’t have to be difficult. For the best in real estate expertise and someone who will go that extra mile for you, contact Realtor Peter Dokken today!

Comments Off on Selling a Rochester, MN Home in a Competitive Market Tags: Realtor Peter Dokken · Sellers · Selling a home ·

Relocation to Rochester, MN? Check Out the Fun Summer Festivities!

June 13th, 2014 · Comments Off on Relocation to Rochester, MN? Check Out the Fun Summer Festivities!

Realtor Peter Dokken provides real estate services for relocation to Rochester, MN!

Those who have recently bought a house in Rochester, relocated to the city for a job at Mayo Clinic, or just decided it was time for a change of scenery could not have picked a better time. The snow is finally gone, and the temperatures are steadily on the rise. With the beginning of summer comes the abundance of many wonderful and exciting seasonal events in Rochester. Realtor Peter Dokken wants Rochester, MN newcomers to get the most out of their move. If you’ve recently bought a house or contemplating buying a home in Rochester, MN, check out some of the incredible summer activities!

Thursdays on First. This street fair takes place every Thursday throughout the summer, beginning on June 5th, 2014. Taking place near Peace Plaza on 1st Ave and extending all the way to 3rd Street, there are vendors, food and beverages, and live music every week. It’s a great time to explore downtown, Peace Plaza, and to find your bearings around the heart of Rochester! Admission is free and you’ll be sure to have a great time!

Farmer’s Market. Organic and locally grown produce is becoming an increasingly popular way to stock your fridge. Check out the local farmer’s market every Saturday from 9 am to 12 pm on the corner of 4th Street and 4th Avenue SE. Be sure to visit frequently to obtain the best and freshest of seasonal produce, homemade goodies, artisan cheeses, quality meats…the list is almost endless! And watch for additional dates that the market is open!

Riverside Concerts. The Mayo Civic Center is a great place for concerts, but during the summer, no one wants to be stuck indoors. The solution? Riverside Concerts! Each Sunday beginning in July, there are concerts in the park directly behind the Civic Center by the riverside. You can check out a complete schedule here.

If you’ve recently relocated to Rochester, MN, you’re in for quite a treat! Summer is when the city thrives and is a great time to get to know the area. From live music and entertainment to local festivals and produce, there’s always something going on.

If you need assistance buying a home in Rochester, contact Peter Dokken Real Estate. With over ten years of experience of selling homes, and years of living in the Rochester area, Realtor Peter Dokken can help find the perfect home for you. Call today to take the first steps towards buying a home in Rochester, MN!

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