A Piece of the Action

A Piece of the Action

2016 is shaping up to be one of the best years in real estate in many years... probably at least 10. We've all seen the stats about new Colorado residents. Inventory is extremely low, and building permits are way up.

The market in Denver was "madness" in 2015, with multiple offers taking prices $20-40,000 (or more) over list. Some of these transactions turned into mini-auctions. Good for sellers?...sure, maybe! Tough for Buyers?... yep! As agents, I think it's difficult to be on either side of a competing offer situation, so we present ALL offers and help our clients make what hopes to be the best decision. 

This busy-ness however gives the public a bit of a skewed perspective on how "easy" the real estate market is. I've heard 3 times in the past week from clients, friends, acquaintances that they are thinking about getting into the real estate business... whether they want to get licensed, invest, or otherwise jump in. Excuse me for being a little bit callous, but even the "easy ones" aren't easy! We have put many properties under contract in days, but the work and negotiations, don't stop there. We help the clients then negotiate inspections, meth, radon, lead-based paint, appraisals, unexpected property damage, septic and well "issues", lender qualification challenges, title challenges... and so much more. 

At Springs Homes, we have years of experience in handling these issues and work together to protect our clients' interests, while helping all parties make it to the closing table. Negotiations start before listing the property and sometimes go beyond closing. It's much more service than it is sales. 

To the aspiring real estate agent, please talk to somebody who's been in it for years... preferably through some of the "hard" years (2006-2009). Expect to live off your savings for 6+ months without a closing. Sometimes you work 4 hours a day, sometimes 36 hours a day (I know, I'm kidding, but it feels like it sometimes). And this is 7 days a week. Especially in a market like this; a property hits the market under $300,000 and you better be in same day to have your offer considered. Expect to shell out money to become a member of your board, national / state / local association, photos, marketing material, web pages, gas, vehicle service, continuing education, insurance, office fees, etc, etc... 

What looks like a cake-walk takes years of working, learning, and growing to succeed. We are so thankful to the people of Colorado Springs and in our "circles" for supporting us year after year. We are so thankful to be successfully doing business in this community for decades!!! 

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Colorado Style + Southern Charm = 8425 Garrison Rd

Colorado Style + Southern Charm = 8425 Garrison Rd

This sweet house is a beautiful combination of Colorado and the south! Beams & stone inside and out, plus plenty of finished space, storage, bedrooms and yard! This might be the perfect home for entertaining, all just minutes east of Colorado Springs in Falcon North with easy access to Air Force Bases! 

 

10 foot + main level ceilings, wood beams, ceiling fans, tall windows, open floor plan, deck and back yard view. Three main level bedrooms, to include a generous master suite with walk-in closet (convenient niche drop into laundry), custom tiled 5-piece bath. 

Open, custom kitchen with tall cabinets, raised counter height, pantry, gas range, open to everything... the true heart of this home! 

 

The basement includes 2 large bedrooms and a bath with separate vanities. The Recreation Room just needs some framing and drywall.... but it's usable as is for excerise and gathering space! 

 

The back yard starts with a deck and leads down to a firepit area for outdoor gatherings, plus ample yard space all fenced. 

 

For a personal tour or more info, please contact Brooke Mitchell

http://garrisonroad.com/

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Ringing in the New Year

fireworks

As we wrap up 2015, I want to thank you all for your business, referrals and friendship.

I am so grateful to do this work and for all of you, for making this a wonderful year!

Here is what our Colorado Springs real estate market saw in 2015 (as of November 30th) :

Single Family Home Sales Up 17.6% from last year
Condo/Townhome Sales Up 29.9% from last year
Average Price of a Single Family Home Up 7.1% from last year
Average Price of a Condo/Townhome Down .2% from last year
Number of Single Family Homes for Sale 2,627 total (down 10%)
Number of Condos/Townhomes for Sale 219 total (down 13.4%)

I wish you all a safe and happy 2016. Feel free to give me a call for any of your real estate needs. Happy New Year!!!

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Stress-free Moving Tips

When selling a home, we always seem to have extra stuff we don’t want to take, i.e. furniture we won’t use or household goods to get rid of. Having gone through the selling process myself recently, this is fresh in my mind so I had to write about the best ways to get rid of pre-move stuff.

For large items like furniture, you can do a few things:

  1. Advertise them for sale on Craigslist. You can usually expect a higher price than you would get selling them at a garage sale, but be prepared. You won’t get top dollar for them on this site, and many buyers who shop here are looking for a deal!
  2. Consign them for sale. If it’s high end furniture, you can call a local consignment shop and get them to put it in their store. This usually brings in a higher price for each item, but the stuff has to be in great shape since consignment stores are particular about condition. We’ve got a local one in Colorado Springs called The Consignment Gallery. They will even come and pick it up for you, at their cost. You only owe them $35 as reimbursement once the item sells.
  3. Donate them to the ARC or Goodwill. Both charities have a curb-side pick-up service, free of charge! They will ask you to place the items on the curb the day prior. And that’s it. They come by and get your unwanted items for you. The local number to call for ARC pick-ups is 303-238-5263.

 

All of these came in very handy during my recent move. After all, who wants the added stress of moving all of that unwanted stuff? 

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5 Tips to Get Great Listing Photographs of Your Home

Kitchen

oneFind Something Else To Do - It is tempting to want to stick around and help point out the best angles for the photographer, but resist that temptation. Photographers often work best when left alone with the agent to stage and showcase the best features of your home.

twoPick Up, Pick Up, Pick Up - All homes show best with the minimum amount of "stuff" in them. Miscellaneous items (including toys) tend to detract from the size and feel of the room. Pick up items on counters, tables, bathrooms and any horizontal surface and stash them away before the photographer arrives.

threeLight 'Em Up - Lighting is a photographer's best friend when it comes to interior photography. Check to make sure that all of the bulbs in your lights are working and match with their partners. A chandelier with 3 cool bulbs, 1 warm bulb and 1 burned out bulb doesn't make the right impression.

fourDon't Forget the Backyard - The backyard is often one of the most important "rooms". Do a quick rake of leaves and sweep of walkways and decks before the photographer arrives. Stash any moveable toys, garden equipment and sports equipment to an out of sight location. Remember, Buyers want to see the potential of the yard, not remnants of your last barbeque.

fiveMinimize Holiday Decor - Your Halloween decorations might be the best on the block, but when it comes to showcasing your home, holiday decor should stay in the closet. Keep in mind that displaying holiday items not only distracts from the important features of your home, but the carved pumpkins or elf on a shelf are permanent clues in the photographs as to when your home went on the market.

 

If you are still looking for additional suggestions, check out our featured homes on SpringsHomes.com. We have invested a lot of time and experience in fine tuning our real estate photographs and take a lot of pride in our work. Houzz.com is also another good resource to become inspired to make your home look its best.

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