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The number of Colorado Springs homes that were on the market in June 2010 was almost 6000. The inventory of homes that are on the market now is half what it was in 2010. Home inventory is shrinking and foreclosures are down. If your thinking of selling now would be a great time to get your home on the market.

Call Ken Asher (719) 930-7817 for a FREE no obligation walk through of your home
For more information Athomecoloradosprings.com
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The reality of calling your Sphere
If your insurance agent called you and asked about your family, how your life was going, how is your business, and made pleasant conversation for a just a minute or two, that would leave you with a warm feeling, right?
But what if, at the end of that conversation, the agent said, "If you know anyone who might be looking to purchase insurance, would you please pass my name along?" How would you feel about the phone call then? You would feel that you had just been used, or that they didn't really care about you, or that all of that nicey-nicey was just a front for them to solicit you.
I know that there are many companies who train their Agents to follow a script and ask for referrals. No thank you. I don't want those phone calls, MOST people don't want those phone calls, and it makes you seem very insincere. It actually would ruin the trust factor that I have with you were you trying to solicit me in that manner.
So when you call your sphere, stop trying to sell yourself. Build the relationship and they will remember you when they hear of someone wanting to buy or sell a home. As opposed to not wanting to pick up the phone the next time that they see your number on caller ID because they know that you are just trying to pump them for referrals.
We are in the RELATIONSHIP business. Build that and they will come.
And if you are not already a Subscriber, maybe now is the time (now THAT was a solicitation LOL).
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The Best Buys in Your Niche
Yesterday I had the privilege of taking another marvelous class from Real Estate Trainer/Motivator Bruce Gardner. In a fire-hose of information, I took away dozens of really good ideas from his class, and am excited to implement and share some of them.
Lately I have been getting back into the mindset of 'knowing my market,' and have been doing a lot of previewing of homes in my niche (Downtown Colorado Springs). I have been previewing to see what is available, what is well priced, what isn't, which ones should sell in a hurry, and which ones fall into the "what were they thinking?!?" category.
In taking it one step further, Bruce suggests that we summarize the "Best Buys" of our niche that we have found in our previews. Take three or four of them and create a single-page flyer. These are listings in your niche market that you believe to be the best values, and you are going to put pictures and info about a few of them onto a single sheet, but no addresses.
After each property you will indicate that it is listed by ABC Realty (with NO contact information), but the bottom of the flyer will have your contact information prominently displayed with your web address. You can also make a blog post of it.
One thing that you can do with the "Best Buys" flyer is to hand it out in your niche to local merchants while you're out running errands, tell them that you are a local Realtor and these are some really great buys in the area, and maybe they could share it if they have customers that they know might be looking for a house. The 'bigger picture' here is to establish a relationship with businesses and let them know that you are the local expert.
You can also send out an email once a month to your Sphere with your "Best Buys" and link it back to your blog/website. It not only helps to get your name out there as an expert in the area, it also helps to establish relationships with other Realtors, a very important piece of our networking puzzle. (And as an added bonus to yesterday's class, I also had the wonderful privilege of meeting two ActiveRain Realtor friends, Susanna Haynie and Joan Valverde. That was SUCH a treasure!)
Do you have any different ideas of how you might use a "Best Buys" flyer?
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Colorado Springs Housing Statistics for January 2012
Currently in Colorado Springs there are 919 sales pending in the market overall, leaving 1983 listings still for sale. The resulting pending ratio is 31.7% (919 divided by 2,902). The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.

For the complete report visit Colorado Springs Real Estate Market Report.

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Search all Wolf Ranch Homes for Sale
Again, only one property sold in the Wolf Ranch neighborhood for a sales price of $194,600. Heavy shopping has occurred during November and December with 11 pending properties. Wolf Ranch will see more activity in February as these properties close.
For information about listing your Wolf Ranch home for sale, visit Selling Your Colorado Springs Home.
For the complete report visit Real Estate Market Report for Wolf Ranch.

ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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