Colorado Springs Vintage Homes Blog
719.287.1049
How do you confirm a Colorado Springs realtor has a license?
Do you want to know how long the Colorado Springs Real Agent you are working with has been licensed in Colorado?
Search for Homes in Colorado Springs
If so, the following link will take you to the Colorado Department of Real Estate Licensee ‘Look up”.
Related Article:
- Real Estate Agent or Realtor? What’s the difference?
You can search by First name and Last Name, License #, of company name. As an example, if you search by Kathy, it will bring up 13 pages of people by the first name of Kathy. You can then look at each person and it will then tell you if their license is active, inactive, expired, deceased, relinquished, or revoked.
It will also tell you if the Licensee has been subject to any disciplinary action.
To find out more information about Colorado Springs real estate, Call ……
Kathy (719-287-1049) KTorline@msn.com
Real Estate Agents have a fiduciary relationship
Fiduciary Duties
Related Articles:
- Real Estate Agent or Realtor? What’s the difference?
- How to choose a Buyer’s Agent
I came across a great article in the Gazette over the weekend about Fiduciary Responsibilities. It was informative, well-written, and very much applies to Colorado Springs Real Estate and Realtors. My favorite quote from the article written by Jim Flynn ”The law expects more of 
fiduciaries than others who have legal duties to another person.” Some examples of professional who have a fiduciary responsibility are trustees, executors, and guardians, as well as Realtors.
You may wonder what all of this has to do with real estate. The answer is, it has everything to do with Realtors and real estate in Colorado and it starts with an understanding of agency in Colorado
Agency and Real Estate
Colorado is considered an agency state, and Real Estate Agents have 2 choices of how they represent clients. According to the information in the Colorado Real Estate Manual:
Who is Representing YOU?
The following information is the first in a series of Buyer Tips to provide tips for both the first-time homebuyer and 
the most experienced homebuyer. The goal is to help the consumer to become better educated about purchasing real estate in Colorado Springs and the surrounding area.
For a FREE Buyer’s Guide, Email KTorline@msn.com
Tip #1
Who’s working for you?
A Buyer’s Agent represents the buyer in a real estate transaction. The Colorado Springs real estate agent becomes the Buyer’s Agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. Under this agreement, the Buyer’s Agent owes his fiduciary responsibilities to the buyer. According to the Colorado Buyer’s agency agreement, a Buyer’s Agent has the following additional duties: Promoting the interests of Buyer with the utmost good faith, loyalty and fidelity, Seeking a price and terms that are acceptable to Buyer, and Counseling Buyer as to any material benefits or risks of a transaction that are actually known by Broker.
The State of Colorado has a form called Definitions of Working Relationships, which does 
Read the rest of this entry »
Economic Forecast Breakfast, 2008 called the Big Drop
Economic Forecast Breakfast
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
On Thursday of this week, I had the privilege of attending the 18th annual Economic Forecast Breakfast at the Crown Plaza in Colorado Springs. It was packed with information and presentations from a residential real estate expert (Brian Maecker) , a commercial real estate expert (Doug Carter), an apartment expert (Kent Mau); and the City Manager of Colorado Springs, Dr. Penny Culbreth-Graft.
Brian Maecker’s presentation about Residential Real Estate was titled “2008, The Big Drop” and was stuffed full of charts and grafts showing residential prices in Colorado Springs. Essentially the average home sales prices in the Colorado Springs area is currently $213,466, Read the rest of this entry »
Foreclosure Colorado Springs, West Area including Kissing Camels
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in West As of 1-7-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Kissing Camels, Cedar Heights, Mesa, Chelsea Glen, Pleasant Valley, Holland Park
Active Homes for Sale as of 1-10-09: 195
- Single Family Homes: 139 (71%)
- Condos/Townhomes/Patio Homes: 56 (29%)
Breakdown of homes for sale, INCLUDING FORECLOSURES, Read the rest of this entry »
Colorado Springs Foreclosure Homes – Southwest Area
Market information for Active and Foreclosure Homes in Southwest Colorado Springs As of 1-7-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Cheyenne Meadows, Stratmoor Village, Skyway, Broadmoor, Broadmoor Bluffs, Quail Ridge
Active Homes for Sale as of 1-7-09: 414
- Single Family Homes: 320 (77%)
- Condos/Townhomes/Patio Homes: 94 (23%)
Breakdown of homes for sale, INCLJUDING FORECLOSURES, as of 1-7-09
- Short sales: 27 (6.5%)
- VA Owned: 2 (.5%)
- Bank-owned: 31 (7.5%)
- Regular: 350 (84.5%)
- Government Owned: 4 (1%)
Partial list of Foreclosed homes currently on the market
Colorado Springs Foreclosure Homes – Northwest Area
Market information for Foreclosure Homes in Northwest Area of Colorado Springs
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Breakdown of homes for sale, INCLJUDING FORECLOSURES, as of 1-7-09
- Short sales: 5 (1.8%)
- HUD: 2 (.7%)
- Government Owned: 1 (.4%)
- Bank-owned: 15 (5.5%)
- VA Repo 1 (.4%)
- Regular: 248 (91.2%)
Partial list of Foreclosed homes Read the rest of this entry »
