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Education and Experience

Education and Experience

Metro Broker Paul Bursey has the credentials and experience to help you with any transaction, foreclosure or short sale. Call Paul at Bursey & Associates, Inc. 303-981-6284 or visit him online at Paul S Bursey.

Interviewer: Hi, Im Kathy Soltero with Metro Brokers TV. Today we have in the studio with us, Paul Bursey; hes with Bursey & Associates, and Paul, thank you so much for coming in today.

Paul Bursey: Well thank you Kathy.

Interviewer: You bet. Tell us a little bit about your real estate career, and how you got into it?

Paul Bursey: Well actually Ive been in the real estate since 1982, and Ive sold over a thousand transactions since then, I work primarily with buyers and sellers, residential real estate. I love working up and down the I-25 corridor, you know anywhere from Castle Rock to Thornton. I like to specialize in the residential and the resale side of things, but I do, do and work with investors, I do property management, Ive had as many as 40 rental properties managed at one time, and we also work with private investors out of Chicago, I work with local investors here, and then Ive done a little commercial as well.

Interviewer: How do you find the market going right now for investors, I mean we have gone through a lot of foreclosures in the last few years, and it seems, does it seem to be tapering off a little bit more?

Paul Bursey: You know what, the investors that I was working with in Chicago decided to liquidate because they didnt see the market being improving in the next few years, so they had 35 homes here in Denver and 330 nationally. So after a five year period, they just said hey, its time to go ahead and take the capital and invest it in another area. So I think theres still opportunities out there, I go to the auctions, I work with investors, you just have to be really careful about where you get into, what price points you get into, and make sure you study that neighborhood before pulling the trigger.

Interviewer: So when you are working with investors from outside youre pretty much their eyes and ears and everything.

Paul Bursey: Yeah, yeah, they fly into town maybe once a quarter just to check things out, see whats happening, but for the most part its, yeah Im their eyes and ears.

Interviewer: Were they more or less investors to buy rental properties, or were these fix and flips or?

Paul Bursey: No actually they bought from model show homes from a builder here in town, and they expected to lease the homes back to the builder, once the builder had sold out, then they go ahead and sell the home, and hopefully make money, but because they bought back in 05 and 06, the market at its peak, everything deteriorated and they lost a lot of money and their portfolio.

Interviewer: Oh, thats a bummer. Tell me about your specialties, what are your credentials?

Paul Bursey: You know what, just recently Ive had meetings with Wells Fargo, and we got a second wave of foreclosures in short sales coming our way here in Denver, as many as 3000. So Ive been focusing more on short sales, I just got my designation for SFR, Short Sale Foreclosure Specialist, I do have a GRI, Graduate in the Real Estate Institute, and I also got my BPOR, and now Im working on my CDPE, which is a certified.

Interviewer: All these are alphabetical.

Paul Bursey: Yeah right, and so its, thats a Certified Distress Property Expert, so thats what the banks are requiring to go ahead and work with them.

Interviewer: Okay, tell quickly about any organizations or activities that you are involved in.

Paul Bursey: You know what Ive been involved with the Denver Real Estate Board for years and years, Chamber of Commerce, not any more with the downtown Denver partnership, but mostly on the Denver Board.

Interviewer: Okay, great. Now how does anybody get a hold of you?

Paul Bursey: You know what, Im with Bursey Associates Inc., Metro Brokers, I work out of the Park Meadows Office, and at I-25 and County Line, and if youre in need of buying or selling or investing in properties, you can call me at, 303-981-6284, or you can go ahead and e-mail me at paulsbursey@msn.com.

Interviewer: Great, Paul thank you so much for coming in, its a pleasure talking with you.

Paul Bursey: Kathy its great, thank you very much.

Interviewer: You bet, for more real estate related videos like this one, be sure to tune in to metrobrokerstv.com.

by: Metro Brokers

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