Colorado Springs Real Estate, Colorado Springs Real Estate Investments, Colorado Springs realty

719.287.1049

ktorline@msn.com

Archive for September 14th, 2009

10 things to know about Colorado real estate

What makes Colorado real estate different?

For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com

I recently took some accreditation classes in another state.  It was eye-opening for me to understand how much the laws vary from state to state.   Since a major portion of my business is from Internet leads and from people moving to Colorado Springs from other parts of the country,  these classes were very helpful.

Some other articles that could be of interest:

Did you know ?

  1. Colorado is an “actual knowledge” state, which means as Colorado Realtors we only need to disclose facts that we know and we must disclosure material facts. Some states are “imputed knowledge states”, which means Realtors are expected to know certain things.
  2. Most Realtors in Colorado list properties for sale in their local MLS and ask for 1% for Earnest Money.   Some areas in the U.S. ask closer to 10% for Earnest Money.
  3. The majority of Colorado Springs homes get listed in some type of MLS database; and many homes get listed in multiple MLS’s.    There are some major cities in the U.S. that don’t have an MLS.
  4. Colorado doesn’t have dual agency.  Many states still have dual agency.   In Colorado you can only be an agent for either the Buyer or the Seller, you can not be an agent for both. Read the rest of this entry »

Tags: , , , , , , , ,


Search for homes

www.KathyTorline.com