Cherise Selley

Dirk Zeller, agent and investor and president/CEO of Real Estate Champions discusses three laws which benefit the national real estate industry, including Colorado Spring Realtors who either buy or sell Colorado Springs Real Estate.

Universal and pertinent to Colorado Springs Real Estate, real estate is governed by the law of supply and demand. According to Mr. Zeller this rule is absolute and without exception. For instance, whenever Colorado Springs Realtors can actually see the velocity of market sales increase is dictated by supply of - and the demand for - real estate for sale. During the periods of 2002 through the first half of 2006, the Colorado Springs Realtor saw a rapid appreciation and frenzied response of buyers within the Colorado Springs Real Estate market. As a result, new home builders could not build an adequate amount of new homes fast enough. This is simply the result of a market condition where demand was literally outstripping supply. However, things abruptly shifted since then due to our national economic downturn.

Real Estate is governed by the law of cause and effect. Psychological factors play a huge role within this scenario. For example, when buyers and/or sellers sense vibrancy within the Colorado Springs Real Estate market, then usually, a positive response follows with increased sales activity. On the other hand, as we're witnessing today, when bombarded by the news media with all of the reasons to overreact over our slumping economy, then languishing sales usually prevail.

History repeats itself within all financial markets. Just as former world historian Oswald Spengler purports that history repeats itself, Colorado Springs Realtors have seen the web and flows of the Colorado Springs Real Estate market for many years. In fact, many Colorado Springs Realtors believe that there are cyclic changes every seven years. Periods of rapid real estate appreciation are typically followed by some lulls in which home values undergo a process of stabilization/correction.

The key about all of these governing laws is knowledge, whether equity position purchases are being made on assumption, gamble or from relative prudency. Feel free to contact www.selleygroup.com for more information about Colorado Springs Real Estate.

Disturbing reports about defective drywall from China has finally hit the spotlight of the news media.

Apparently, between the years 2004 and 2007, there was a domestic shortage of drywall in the United States. So...about 6,000,000 slabs were acquired from China and were used in Florida, Louisiana, Virginia and approximately 21 other states. From what I've read, I'm unaware of builder use of Chinese drywall related to any properties of Colorado Springs Real Estate. However, distribution reports about defective Chinese drywall are preliminary.

So far, the possible damages from defective Chinese drywall include repugnant sulfuric odors in homes, coupled with physical disrepair, such as corrosive damage to wiring and electrical appliances, just to mention a few. The visible signs are black spots in bath tubs, sinks, and around hot-water heaters.

The imagined costs to mitigate Chinese drywall problems are staggering to say the least. The costs are estimated to be tens of thousands of dollars per home. It's similar to the hazardous results found with extensive mold. The opinions vary about appropriate treatment options and the testing remains unsubstantiated and unreliable in many cases.

Some companies proclaim the use of chemical solutions to counteract the dangerous effects of sulfuric emissions, while others insist that homes with Chinese drywall must be entirely gutted in order to mitigate the problem fully. The debate remains about the lingering effects of the hazardous emissions from Chinese drywall, even though houses might be gutted.

Lawsuits and further immersing into this problem are forthcoming. As a Colorado Springs Realtor, what can I personally do to get involved with this potential problem? Simply, it begins with education, followed by interdependence with the experts in the field, including inspectors and Colorado Springs homebuilders.

Our group of Colorado Springs Realtors will continue to keep abreast of this information, as well as plans to acquire the National Association of Realtors Green Designation in 2010. According to the NAR statistics, "residential green building is expected to increase 100% over the next five years, and 70% of homebuyers said they were more inclined to buy a green home in a down economy than a non-green home."

Being thoroughly involved within the entire Colorado Springs Real Estate process not only sharpens our skills as Colorado Springs Realtors, but also helps you to safely purchase a home without worry of potential Chinese drywall problems. This particular problem will eventually be solved incrementally. There will not be a one-stop solution of guarantee. Selley Group plans to be part of the solution along the way, especially if Colorado Springs Real Estate properties have been affected.

The momentum shifts about our national economy are as unpredictable as to which direction the wind will blow next. Regarding our local market, it seems like many people are at a temporary standstill with respect to either buying or selling Colorado Springs Real Estate, especially as we breach the 4^th quarter of this year.

Nonetheless, the numbers for September boast high ratings for Colorado Springs Realtors. Continued growth in the sales realm is still occurring. Regarding foreclosure figures, these have slowed noticeably over this past month, averaging about 21 filings per day. However, the annual number for foreclosures will likely top 5,000 - a few hundred more than last year.

From my perspective as an Elite 25 Colorado Springs Realtor, the "stand-still" approach might actually be a good idea for the moment, especially in the midst of varying geo-political upheaval. Who knows how the markets will respond?

With all of that said, interests rates are currently 4.75%, inventory is plentiful for good negotiations, and the reality that Colorado Springs Real Estate will always be a prudent long-term investment should also be considered.

Our office of Colorado Springs Realtors does not pressure our potential clients in to poor decision-making regarding Colorado Springs Real Estate. This violates our core values as a company. We believe your interests become our interests. We're here to educate, to serve, and to lead you through these fast-changing times.

To be an effective Colorado Springs Realtor, I think it's imperative to keep your business as simple as possible. I'm not talking about keeping it on the level of moronic. Rather, I'm talking about something entirely different.

Actually, to make something simple from having several possibilities to choose from certainly creates some interesting challenges. Colorado Springs Realtors have this daunting task of simplification as they must provide just a few options of sage advice from among many advancing complexities.

To effectively do Colorado Springs Real Estate, simple is something hard to accomplish. Simple does not mean substandard intelligence or lackluster service or part-time involvement or laziness glorified within the business sector.

I'm referring to "simple" in the construct of excellence, which can be considered repeatedly because of its efficacy rate. This application of "simple" might be considered for business processes, professional experience, Colorado Springs Real Estate negotiations, just to mention a few.

To get to "simple" you do not necessarily travel the path of least resistance. On the contrary, the sojourn through the thick and thorny paves the road for smoother travel. Traveling through adversity allows the polished Colorado Springs Realtor to develop sharper skills for every facet of the Colorado Springs Real Estate business. Basically here's what happens. The foolish and meaningless ways of doing business are disregarded for the productive and superior methods.

Of course, there are various tools to track the best business practices. Some people prefer the use of technological graphs, sales indicators, business metrics, pen and pencil or perhaps just innate instinct. Regardless of methodology, disciplined tracking of what remains effective and profitable versus nonproductive and unprofitable, assists greatly when separating the simple from the extraneous.

Our Colorado Springs Realtors do have a history of doing the Colorado Springs Real Estate business, in which the complication of real estate practice has been simplified for business efficiency and ultimate client satisfaction. Keeping it simple sheds the temptation to heap the unnecessary on top of the already complicated features of the real estate market.

During this last quarter of 2009, I'm taking a different approach regarding how I manage my time. Deliberate planning will help me to make some remarkable changes with how I live and how I work as a Colorado Springs Realtor. This has been a long time coming, but now it's time to step into real change.

Over the past 12 years, I've been very dedicated to the profession of Colorado Springs Real Estate. Every facet of the business has been researched, planned, executed and re-evaluated for quality assurance. My sales record speaks volumes about my dedication, not only to my craft, but foremost to the client. I can't envision this emphasis to change very much.

The number of hours that I've worked over my career exceeds reasonable and certainly could not be construed as frivolous. A majority of weeks I have worked at least 12 hours per day/6-7 days per week.

On Friday this past week, I researched my sales record to date. Currently for this year and for as long as I can remember, I remain in the top 1% of Colorado Spring Realtors, and my newfound company, Selley Group Real Estate, LLC continues to climb the ladder of consistency.

Yet, as our nation witnesses gigantic changes within all the financial and real estate sectors, it seems appropriate for me to also make some personal and professional alterations with how to live this life. While my business has also been a significant conduit for several ministries, I sense it is the right season to gain further intimacy with God, as well as with my husband, family and to carve out some regenerative time for myself.

All of our marketing and business plans are already set for next year. The trimming of fat from our model has been surgically performed over the past three years. Everything about our Colorado Springs Real Estate business is neatly postured for service and growth for 2010. Besides the disciplines of daily business and continued motivation of staff, the time is ripe to do some things differently. Tweaking is required.

Every business has to deal with the fear of loss and anxiety about future business. But I've decided to do things differently.

I believe it is time to work very hard for shorter bursts of time (compartmentalizing with an emphasis on excellence), and then I'm really going to take a Sabbath with life, trusting and depending upon the sovereignty of God over my business. This does not mean that I'm going to ignore the necessities about the business operations. This simply means I'm going to fight against the urges to worry unnecessarily or when times might appear somewhat bleak. In addition, it means I'm going to enjoy some time off when appropriate. It means I'm going to quit running around the career track of work. Instead, I'm going to let God teach me how to paint a landscape on the canvas of life. It means I desire to grow in ways unimaginable from the stereotypical way of doing work.

Presently, the vision of American capitalism is sure presenting a different picture about how to work in the future.

In effect, I believe Colorado Springs Realtors can enjoy some of the down-time about doing this business. During many stretches of this professional race, I've run the course like a sprint instead of strategically participating like it's a marathon. The hard part is to put what I know is to be true from my mind into practical means. One day at a time...