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2010 July Sales Activity

by The Colorado Springs Group™

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

Black Forest: 17 Sales for a total dollar volume of $6,309,750

Briargate: 51 Sales for a total dollar volume of $15,696,278

Central: 36 Sales for a total dollar volume of $5,874,592

East: 43 Sales for a total dollar volume of $7,309,315

Fountain Valley: 92 Sales for a total dollar volume of $15,770,525

Falcon - Peyton: 38 Sales for a total dollar volume of $9,028,800

Marksheffel: 13 Sales for a total dollar volume of $3,000,839

Northeast: 49 Sales for a total dollar volume of $11,045,972

Northwest: 22 Sales for a total dollar volume of $6,968,000

Northgate: 35 Sales for a total dollar volume of $13,422,131

Old Colorado City: 16 Sales for a total dollar volume of $2,788,300

Powers: 74 Sales for a total dollar volume of $15,008,400

Southeast: 41 Sales for a total dollar volume of $5,495,115

Southwest: 37 Sales for a total dollar volume of $11,719,400

Tri-Lakes: 44 Sales for a total dollar volume of $17,153,300

West: 14 Sales for a total dollar volume of $3,627,900

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 7/1/2010 through 7/31/2010.  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."

Showing Time Slots

by The Colorado Springs Group™

Sellers, it is perfectly fine to ask for a 24 hour notice on a showing, but please make sure your Realtor puts this information in the MLS. While buyers will not be shown the home as much with a 24 hour notice, you still have every right to ask for it. The reason it isn't going to get as many showings is because buyers are no different than consumers who shop online... they want what they want, and they want it now. We are really seeing buyers just skip on the properties that require that much notice.

When setting up showings, Realtors will often ask for a 1-2 hour timeslot in order to show the home. It can be hard to schedule several showings in a day while keeping everything in line. You can limit the time slot to 1 hour, but I want to make a few points in rebuttal to seller complaints. 

1. Yes, it may only take 10 minutes to show a home. Serious buyers take more time than that. Often the terms of the offer are discussed during the showing while in the home. Imagining furniture placement takes place, it really does.

2. There is a thought that if buyers really want to see the home, they'll work around me as the seller. That's a nice thought... now as the buyer is that really telling me you're someone I'm going to want to try to negotiate with later? Buyers really say this and think in these terms.

3. The Realtor needs to do a better job so 1 hour time slots work. If I'm showing homes, yes I can do a better job. However, I'm trying to find a buyer the right home, and what that means for you is that an offer made on your home is from a serious, qualified buyer who has decided on YOUR home. They were not pushed, and were allowed plenty of time to make their decision. This greatly increases the chances of a successful closing.

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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