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New Listing Announcements

by The Colorado Springs Group™

You've just listed your property for sale, and of course you want your realtor to get the news out to everyone right away. From the MLS, to media sites, to mailings, you want them to announce to the world that your home is for sale.

I'm going to shed some light on things for sellers:

The mailings, those aren't meant to find buyers, they're meant to solicit more listings from other homeowners. If I'm wrong then explain why the companies who supply new listing announcements do so as a great way to let other sellers know a homeowner chose you?

The MLS is (should be) a standard. If I receive an email about a new listing it's the same as assuming I do not check the MLS when I have a client looking for a home like yours. If I'm not checking the MLS for a listing like yours it's because I do not have a buyer for your listing.

Media sites are interesting. Zillow is something that can hurt you just as much as help you. The buyers who use Zillow also put a lot of weight into Zestimates. Have you ever heard of someone buying a house they found on Facebook? You're more likely to have been annoyed seeing home for sale listings on Facebook.

There is nothing wrong with getting exposure for a listing, but have you ever considered this... maybe sending a blast out all at once isn't the best thing. Maybe sending off a sequence of smaller fireworks is more noticeable than one big one that lasts 1/2 the time. Multiple offers can happen just like a stale listing can happen.

We do things differently, and do so with success. 

2014 Entire Year's Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results for the entire year of 2014. Single Family & Patio Homes

Black Forest: 204 Sales for a total dollar volume of $86,590,927

Briargate: 790 Sales for a total dollar volume of $247,479,297

Central: 691 Sales for a total dollar volume of $133,268,217

East: 720 Sales for a total dollar volume of $134,340,886

Fountain Valley: 1549 Sales for a total dollar volume of $302,939,571

Falcon - Peyton: 690 Sales for a total dollar volume of $179,128,342

Marksheffel: 192 Sales for a total dollar volume of $50,438,064

Northeast: 867 Sales for a total dollar volume of $205,234,545

Northwest: 424 Sales for a total dollar volume of $145,479,978

Northgate: 356 Sales for a total dollar volume of $137,035,386

Old Colorado City: 240 Sales for a total dollar volume of $49,897,217

Powers: 1159 Sales for a total dollar volume of $259,168,941

Southeast: 618 Sales for a total dollar volume of $88,653,721

Southwest: 563 Sales for a total dollar volume of $185,413,307

Tri-Lakes: 568 Sales for a total dollar volume of $227,564,064

West: 178 Sales for a total dollar volume of $50,515,894

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 1/1/2014 through 12/31/2014.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

 

2014 Fourth Quarter Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results for the fourth quarter. Single Family & Patio Homes

Black Forest: 47 Sales for a total dollar volume of $20,631,667

Briargate: 179 Sales for a total dollar volume of $54,405,139

Central: 168 Sales for a total dollar volume of $33,168,614

East: 186 Sales for a total dollar volume of $35,640,430

Fountain Valley: 358 Sales for a total dollar volume of $71,107,358

Falcon - Peyton: 161 Sales for a total dollar volume of $43,697,177

Marksheffel: 40 Sales for a total dollar volume of $10,989,081

Northeast: 196 Sales for a total dollar volume of $46,338,805

Northwest: 97 Sales for a total dollar volume of $32,890,903

Northgate: 80 Sales for a total dollar volume of $29,441,091

Old Colorado City: 58 Sales for a total dollar volume of $12,555,650

Powers: 257 Sales for a total dollar volume of $57,624,701

Southeast: 154 Sales for a total dollar volume of $22,540,628

Southwest: 142 Sales for a total dollar volume of $47,501,171

Tri-Lakes: 117 Sales for a total dollar volume of $45,890,297

West: 39 Sales for a total dollar volume of $11,266,975

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 10/1/2014 through 12/31/2014.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

 

2014 December Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results for December. Single Family & Patio Homes

Black Forest: 15 Sales for a total dollar volume of $7,305,785

Briargate: 79 Sales for a total dollar volume of $24,713,054

Central: 52 Sales for a total dollar volume of $10,858,134

East: 51 Sales for a total dollar volume of $9,873,785

Fountain Valley: 132 Sales for a total dollar volume of $26,951,738

Falcon - Peyton: 59 Sales for a total dollar volume of $16,028,840

Marksheffel: 11 Sales for a total dollar volume of $3,010,313

Northeast: 54 Sales for a total dollar volume of $12,305,600

Northwest: 32 Sales for a total dollar volume of $10,667,700

Northgate: 24 Sales for a total dollar volume of $8,648,562

Old Colorado City: 18 Sales for a total dollar volume of $4,237,784

Powers: 87 Sales for a total dollar volume of $20,262,281

Southeast: 55 Sales for a total dollar volume of $8,243,550

Southwest: 52 Sales for a total dollar volume of $14,823,140

Tri-Lakes: 37 Sales for a total dollar volume of $14,820,329

West: 12 Sales for a total dollar volume of $2,550,000

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 12/1/2014 through 12/31/2014.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

 

Should I Use an Inspector My Realtor Suggests?

by The Colorado Springs Group™

Fun question, and according to most articles you find published online and in magazines you shouldn't do it. The thought is that the Realtor is going to suggest a poor inspector in order to keep the deal moving forward.

Let us answer this question with another question. Do you trust your realtor? If the answer is no, then we encourage you reading our entire blog (not just this post) to try and correct the situation. If the answer is yes, then why not listen to the professional you hired to help you in this process? 

We do suggest using a particular inspector to our clients. While it's gray as to whether or not that's been okay over the years we do not care. We are protecting ourselves and our business by recommending other professionals who are far better at their job than their competition. There are some great inspectors in Colorado Springs, but not all inspectors are equal.

We love it when we know an inspector is willing to tell a potential buyer that they may want to keep looking for another home no matter what the seller would be willing to do. Some problems are not worth dealing with. Sometimes it's clear a seller hasn't taken good care of a home.

If we recommend a good inspector to the buyer, we know the inspection is going to be a full scope of the house. We know that when it comes to negotiation that an inspection report from a true professional is going to be very hard to dispute or disagree with. The buyer is going to be happy in the home if the decide to buy it. The buyers aren't going to start noticing all kinds of problems right after moving into the house. If there are things that don't need fixing right away but could in the near future, our clients are going to be aware of those if we have any say in it. 

We work a lot with repeat clients and people that are referred to us. Some of these people have decided not to buy homes based on what an inspector we recommended had to say about the home. They were thankful we recommended the inspector, and then we went and found another home for them.

Displaying blog entries 1-5 of 5

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The Colorado Springs Group™
6665 Wild Indigo Drive
Colorado Springs CO 80923
(719) 799-3686

Kevin & Jessica
The Colorado Springs Group
6665 Wild Indigo Drive
Colorado Springs, CO 80923
(719) 799-3686