Colorado Springs Vintage Homes Blog
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What is a Hot Sheet?
THE MLS is a tool every buyer needs to utilize
Service. It’s an important resource for your home search, and your realtor should be very in touch with what is new on the local MLS every day.There are hundreds of MLS’s across the country (and in many other countries as well). Every seller knows that they need to get their house listed on MLS to sell it; and every home-buyer should know how to utilize the MLS. Think of the MLS is a big property warehouse , similar to a “Home Depot.” When a property is available for sale, it goes in the warehouse. When it is sold, it gets taken out of the warehouse. When changes get made to the status and pricing of a property, it get’s changed in the warehouse.
Hot Sheets
In the Colorado Springs area, a Realtor can search the MLS and pull up “Hot sheets“. These reports can be Read the rest of this entry »
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:
- News Flash – Colorado Springs ranked Fittest City
- Moving to Colorado Springs, check out Zip Skinny
- El Paso County taxes are some of the lowest in the nation!
- Colorado Springs in ratings for Best Places to Start Over
Did you know ?
- 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.
- 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.
- 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.
- 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 »
