Page 1


Vol. 3 No. 9

May 30, 2011

The favorable home buying market: How long will it last? We’ve all been hearing that now is an opportune time to buy a home. For buyers looking for a primary residence to enjoy the benefits of home ownership, conditions are still excellent. There are many positive factors contributing to this buyers market, but there are also signs that this window of op- By Jon Paukovich portunity might be Ent closing soon. — For buyers, the market right now is ideal. Rates are low, home prices have dropped and there is plenty of inventory to choose from. Buying a new home is also attractive because of the number of

incentives builders are offering in order to compete with existing home inventory. Qualified borrowers shouldn’t have a problem securing financing now either, since strong local lenders are looking to invest in well qualified mortgages. We’re also seeing mortgage insurance companies relaxing their guidelines and increasing maximum loan-to-values (LTVs) up to 97% for purchase loans – providing opportunities outside of the Federal Housing Administration (FHA) - to finance with less money down. All of these factors are in favor of the buyer. With competitive rates, a large inventory to choose from and financing availability, those who have the financial capability and are looking to buy should consider it. However, I would advise

those buyers looking for a quick return on their investment to exercise extreme caution. While prices are low, home values are still not appreciating. I don’t know of anyone expecting a return to any significant appreciation anytime in the near future. It’s not a great market to make a quick buck flipping houses, but is an opportune time if looking to purchase

for a long term investment. While conditions right now are good for buyers, they may not last much longer. At the end of June, the Federal Reserve is planning on ending its second round of Quantitative Easing (QE2) – a stimulus tactic which has helped keep in-

See Buying Market page 6

Legislative session closes – Successful for REALTORS® The 2011 Legislative Session came to a close this week. During those 120 days, 595 bills were introduced. CAR tracked 41 of them and took a position on 27. This was a very successful session for REALTORS®. CAR succeeded in the passage of several bills that are beneficial to Colorado’s housing industry. CAR also played a critical role in defeating several bills that had potentially negative effects on Colorado home buyers and REALTORS®, as well as the housing market. Two of our biggest victories are the passage of HB 1022 Seller Financing o f Real Property and SB 234 Residential Real Property Transfer Fee Covenants. HB 1022 Seller Financing of Real Property by Rep. Ray Scott (R-Grand Junction) and Sen. John Morse (D-Colorado Springs) was signed into law on March 1, 2011. The new law, proposed

by CAR, allows a seller up to three transactions in any twelve month period before they are required to be licensed as a mortgage loan originator. Visit www. for Talking Points. SB 234 Residential Real Property Transfer Fee Covenants by Cheri Jahn (D-Wheatridge) and Rep. Tom Massey (R-Poncha Springs) was sent to the Governor’s desk on May 6, 2011. Senate Bill 234 bans the enforcement of nonexempted private transfer fee covenants recorded after the effective date of the bill and requires certain non-exempted covenants in place prior to enactment be recorded. Visit www.coloradorealtors. com for Talking Points. © Copyright Colorado Association of Realtors. Reprinted with permission.

2011 REALTOR® Nationwide Open House Weekend: There’s Power in Numbers! In a recent nationwide Pew Research Center survey 81% of renters said they would prefer to one day buy a home. Respondents rated being able to own a home as the top long-term financial goal followed by being able to live comfortably in retirement, pay for a child’s college education, and leave inheritance for children. This survey demonstrates that Americans today still place a high value on home ownership. To help potential homebuyers realize their dream of home ownership, the Pikes Peak Association of REALTORS® is participating with other local and

Keller Williams Red Day

Unified Title Customer Appreciation


PAGE 9,15



See 2011 Open House page 15

National News ................. Page 2 Local News ..................... Page 6 On the Move ................... Page 17 Local Expert ................... Page 18 Around the Corner ............ Page 19

EX 20 PE 3K RT

Legacy Title Open House

state REALTOR® Associations across the country in REALTOR® Nationwide Open House Weekend on June 4-5, 2011. The Nationwide Open House weekend is an opportunity for individuals to tour homes for sale throughout the community and learn more about the benefits of homeownership. “We look forward to our members participating in this outstanding event,” said Barbara Asbury, 2011 PPAR Chairman of the Board. “It offers great exposure for our sellers and

Honest & Ethical Service from People You Know.

Kevin Bent

Aric Ulmer

Sharon Higashi

5 3 3 3 Nor t h Un i on Blvd. Su ite 1 0 0 , C ol or a d o Spr i ng s , C O 8 0 9 1 8

(719) 339-2728

(719) 439-7413

(719) 491-2500 (719) 440-1082




HELPFUL TIP: Check the license status of your mortgage broker at the Colorado Division of Real Estate’s website:

Branch Manager

Loan Officer

Loan Officer

Bev Creswell Loan Officer NMLS#301804

National News Not affiliated with The Colorado Springs Business Journal

Director of Advertising Rachelle Nardo

Director of Publishing Josh Olson Colorado Springs Real Estate Journal LLC (CSREJ) is locally owned and operated out of Colorado Springs, Colorado. CSREJ is published once a month and distributed through US Mail to nearly all members of The Pikes Peak Association of Realtors® and The Colorado Springs Housing & Building Association and many other industry-related professionals.

New NAR benefits partner improves Realtor-Client communications As Realtors® and their clients becoming increasingly more mobile, Realtors® must ensure that buyers and sellers can reach them at a moment’s notice. Ifbyphone, a voice-based marketing automation platform, provides a solution that enhances voice transactions and is now available to members of the National Association of Realtors® through the REALTOR Benefits® Program. Ifbyphone is offering two products to

NAR members – Ifbyphone for Realtors® and Ifbyphone for Realtors® Plus. This industry-leading product suite of voice communications services allows Realtors® to manage, measure and automate calls on any phone at any time. “Ifbyphone offers a unique product from which Realtors® can truly benefit,” said NAR President Ron Phipps, brokerpresident of Phipps Realty in Warwick, R.I. “With Ifbyphone’s voice communi-

cation platform Realtors® can improve their client relationships and close more transactions at the same time. Working in a mobile, fastpaced industry requires that Realtors® are easily accessible. With Ifbyphone Realtors® can count on never missing out on communications with clients and po-

See ifbyphone page 4

CSREJ is not responsible for any opinions or facts expressed by non-staff writers. CSREJ shall not be held responsible for any errors in advertising or editorial content. Realtor® is a registered trademark. Sometimes the word Realtor® or Realtors® will appear without the “®” symbol for the purpose of saving space. The registered trademark should be assumed if it is not present.

We welcome the submission of articles, photos and press releases. Please email any considerations to: • Article Submission Please submit articles no longer than 700 words in a Word document with an accompanying byline and appropriate contact information. A headshot is also welcomed. Please submit headshot in JPG format.

• Press Releases Please submit press releases directly into an email or an attached Word document. A PDF is acceptable but not preferred. Please include any photos in JPG format attached to the same email.

• On the Move Please submit a short bio no more than 150 words for anyone that has joined your team in a Word document or directly in an email. A headshot may also be attached to the email as a JPG. This is for any business in the industry (Real Estate, Builders, Title Companies, Mortgage Companies, etc.)

• Photos/Events Please attached pictures in JPG format in an email with any notes or captions directly in the email or in a Word document.

Office: 719.205.1299 Fax: 719.550.4373 Colorado Springs Real Estate Journal LLC PO Box 31395 | Colo Springs, CO 80931


Colorado Springs Real Estate Journal

May 30, 2011

TAKE CHARGE OF YOUR CAREER Join a National Award Winning TEAM

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2011 Circle of Light Award Finalist Recognized as one of the Top 3 ERA franchises in the nation for 2010 community philanthropic endeavors.

2010 Gene Francis Memorial Award Finalist Recognized as a finalist for the top all-around ERA franchise in the nation.

Get Tips on How to Build Your Real Estate Career For information on JOINING our ELITE Team of Professionals contact Cathrine Sullivan at 719.593.1000 *All awards are given through ERA Franchise Systems LLC. 5 star rating based off of internal ERA rankings. May 30, 2011

Colorado Springs Real Estate Journal


National News ifbyphone from page 2

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tential customers.” Ifbyphone’s suite of voice communications services is offered to members at an exclusive price and focuses on call tracking, client notifications, call forwarding, interactive voice response and voice automation. The available products connect Realtors® with leads faster by evaluating client contact information and forwarding calls to an individual agent or to an agent team. A voice note system also allows users to leave client- or listing-specific memos, and then review those memos from anywhere, thus supporting a virtual office environment. “With Ifbyphone we have identified a partner that helps Realtors® never miss a lead, resulting in more time spent with clients and more transactions,” said Bob Goldberg, NAR senior vice president of Marketing and Business Development, Commercial Services and Business Specialties. “Ifbyphone also allows Realtors® to measure and evaluate marketing spending while lowering the cost of doing business. We look forward to working with Ifbyphone to create more solutions for customer interaction in the real estate industry.” Realtors® can learn more about Ifbyphone and its products at Ifbyphone/PR or by visiting the Ifbyphone partner page at benefits/benefits_partners/ifbyphone. NAR’s REALTOR Benefits® Program offers practical solutions for Realtors® on the products and services they use every day. The program includes offerings in a variety of categories from nearly 30 companies recognized as leaders in their respective industries. © Copyright National Association of Realtors. Reprinted with permission.

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25% of proceeds will be used for a grand prize. All ticket purchasers are eligible to win. 25% of proceeds will be used for regional prizes based upon the region where tickets were sold (see back for a list of regions) Winners will be announced at CAR, 309 Inverness Way South, Englewood, CO 80112, on June 29, 2011 starting at 12:00pm (region by region and ending with grand prize). The drawing will be available to view via webcast. Winner need not be present to win. Make checks payble to CAR.

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1277 Kelly Johnson Blvd., Suite 100 Colorado Springs, CO 80920


Colorado Springs Real Estate Journal

May 30, 2011

National News

Foreign buyers recognize value of home ownership in U.S. The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years. This is according to the National Association of Realtors®’ 2011 Profile of International Home Buying Activity. According to the survey, total residential international sales in the U.S. for the past year ending March 2011 equaled $82 billion, up from $66 billion in 2010. Total international sales were split evenly between non-resident foreigners and recent immigrants, while combined total domestic and international existing-home sales in the U.S. were $1.07 trillion. “The U.S. has always been a desirable place to own property and a profitable investment,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “In recent years we have seen more and more foreign buyers coming here to take advantage of low prices and plentiful inventory. In addition to the advantageous market conditions, Realtors® in this country have a global perspective and experience in working with clients from different cultures and real estate practices, helping them bring value to their international clients.” Historically, foreign buyers have been attracted to property ownership in the U.S. for a number of reasons. U.S. homes are generally less expensive than comparable foreign properties, homes in this country are viewed as a secure investment, and the U.S. market offers rental opportunities and long-term appreciation potential. More recently, Realtors® have noticed new factors motivating foreign buyers. Many U.S. colleges and universities have a significant number of international students, and some foreign families are purchasing U.S. properties in college areas so their child has a place to live. Another source of international demand is foreign executives temporarily working in the U.S., some of whom prefer to purchase a residence instead of renting. “Besides the strength of the dollar and the general economic trends in the U.S., international buyers are

May 30, 2011

also recognizing the benefits of home ownership in this country, especially in the case of recent immigrants,” said Phipps. “Many foreigners perceive owning a home here as an important accomplishment in their efforts to become established in this country.” Recent international buyers came from 70 different countries, up from 53 countries in 2010. For the fourth consecutive year, Canada was the top country of origin, with 23 percent of sales to foreigners. China was the second most popular country of origin, with nine percent of international sales this year. Tied for third were Mexico, the U.K., and India. Argentina and Brazil combined reported an increase in foreign sales with five percent, up from two percent in 2010. The top five countries of origin accounted for 53 percent of international transactions in 2011. The average price paid by an international buyer was $315,000 compared to the overall U.S. average of $218,000. However, 45 percent of international purchases were under $200,000. This price segment has grown significantly over the years, most likely due to overall price declines in the U.S. as well as the strengthening of some foreign currencies. Almost every state had at least one international transaction in the past year. The four states with the heaviest

concentration of international buyer activity have remained the same over the past five years. Florida had 31 percent of total international transactions this year, the most of any state. California had 12 percent, Texas had nine percent, and Arizona rounded out the top four with six percent of international transactions. Foreign buyers are primarily interested in three factors when deciding where to buy in the U.S.: proximity to their home country; convenience of air transportation; and climate and location. Generally, the East Coast attracts European buyers. The West Coast remains popular for Asian purchasers. Mexican buyers are traditionally attracted to the Southwestern markets. Florida is most popular among South Americans, Europeans and Canadians. Similar to last year, 28 percent of Realtors® in 2011 reported working with an international client. Fifty-five percent served at least one foreign client, while the bulk of international transactions were handled by a small percentage of Realtors®. Only eight percent of members obtained 50 percent or more of their transactions from international clients. Sixty-one percent of foreign buyers purchased a single-family home while 36 percent bought a condo/ apartment or townhouse. In addition, 62 percent of international purchases were reported as being all cash. This percentage is significantly higher than all-cash purchases for domestic buyers, mostly due to the differences in international credit reporting standards. Financing challenges continue to be a major hurdle for international buyers, with 32 percent reporting these as their reason for not buying a home. Many Realtors® reported that their foreign clients faced mortgage financing issues, as well as problems with legal, tax and immigration laws. © Copyright National Association of Realtors. Reprinted with permission.

Colorado Springs Real Estate Journal


Local News Buying Market from page 1 terest rates low. Also, the FHA would like to reduce the high purchase market share they currently have (more than one-third of purchases). Their targeted goal is about 10 percent, so they’re expected to continue to raise premiums and tighten guidelines to drive more business to the private mortgage insurers. The FHA is also being very aggressive at auditing and removing approval authority for lenders

that don’t follow their guidelines. Thus, reputable lenders are being very diligent at documenting FHA loans. So, while the market is favorable for buyers, signs indicate that it may not be an ideal market for long. Some buyers may be apprehensive because homeownership, and the financing process, can seem overwhelming. To ease their concerns, I’d recommend they attend a seminar to get all the facts before they buy. There are free seminars available from local credit unions and banks. Then, they should consult with an experienced mortgage loan

officer who can thoroughly review their options and make sure they don’t get overextended on their obligations. Once a buyer is informed and comfortable with the process, they can take advantage of the good deals out there and buy with confidence. Mr. Paukovich oversees the direction and management of mortgage lending, including loan servicing, at Ent Federal Credit Union. He can be reached at

Legacy Title Open House

May 12, 2011

Right: Matt Hall and Ashley Bush with Legacy Title. Left: April Salladay, Tucker Wannamaker and Karla Bell with Legacy Title.

Below: Michele Hammerton and Rick Van Wieren with RE/MAX Properties, Vickie Drew with Bank of Colorado, Barbara Cobb and Patty Jones with Griffis Blessing

Left: Patti Walter with Legacy Title, Karen Watts with First Mortgage CO, Barbara Sondree with Equity Lending and Eileen Healey with Prudential Rocky Mountain.

Baptist Rd.


(From the $200’s)

Northgate Blvd.

2 Northgate Estates (From the $300’s)

Colorado Springs Real Estate Journal


4 Wildwood at Northgate (From the $150’s)

Woodmen Rd.

Union Blvd.

(From the $150’s)

6 Falcon Highlands

6 5

Stetson Hills Blvd.

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Mule Deer (From the $180’s)


10 Lorson Ranch


Platte Ave.

Platte Ave.

21st St.



Constitution Ave.



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Powers Blvd.

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Union Blvd.

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Academy Blvd.

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5 Stetson Ridge








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And Realtors, make sure to check out our C.O.L.A. program (Commission on Loan Approval). You could get paid half of your commission at loan approval! For more information visit the Realtor page on our website!

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May 30, 2011

Announcing… Voted the


Neighborhood in Colorado Springs

Great Traditions

Community-Wide Garage Sale June 10–12 • 8 a.m. – 4 p.m.

Annual Wolf Ranch Community-Wide Garage Sale from 8–4 p.m. each day.

New Homes

Starting in the mid-$100s New Model Homes • New Builder New Inventory & Pricing 719-282-1650

Wolf Ranch Community Council Concerts At Gateway Park Model/Office: 6018 Wolf Village Drive

Located at Research & Tutt in Wolf Ranch

Wednesdays 6-8 p.m. • Open to the Public

719-598-3360 Model/Office: 5708 Flicka Drive

Wednesdays 6–8 p.m.

June 1 : The Kate Leroux Band June 8 : Redraw the Farm June 15 : Double McGuffin* June 22 : Jim Adam Band


June 29 : “Flute Daddy” with Joseph Liberti* Model/Office: 5720 Flicka Drive

July 6 : “Promises with Bob Alexander”* July 13 : The Jake Loggins Do-It July 20 : Kort McCumber

719-282-3783 Model/Office: 5766 Paladin Place

July 27 : Dick Cunico Little Big Band* August 3 : Ceol Ceili August 10 : Allen/Rose Quartet*


August 17 : Jones and Raine August 24 : Sofa Killers August 31 : USAF Academy Band “Falconaires”* NOTE: Falconaires Concert courtesy of U.S. Air Force, a public service concert. If unforeseen military commitment arises, it will take precedent and the concert will be canceled. *Presented in conjunction with Pikes Peak Jazz & Swing Society. BS Dogs, Brats & Philly Cheese Steaks Wagon will be on-hand to sell food at the PPJSS concerts.

Sign-up for email notifications at The Gazette Best of the Springs 2011 has named Wolf Ranch as the Best Neighborhood

May 30, 2011 Model/Office: 8752 Eckberg Heights Second Model: 8760 Eckberg Heights

719-592-0190 Off-site Sales Office


(597.9653) Wolf Ranch Entrance At Research Pkwy & N Powers Blvd Colorado Springs Real Estate Journal


antlers ridge estates Spectacular 2.5-acre Lots at Off-the-Rack Prices.

Talk about trophy properties. Lots in Antlers Ridge start as low as $45,000. And because each is large enough (2.5 acres) to accommodate a sweeping range of floorplans and architectural styles, you’re able to live on a grand scale no matter what your budget. Who’s right for the Antler’s Ridge Estates? Anyone who loves fresh air, blue skies, and the excitement of the Colorado lifestyle. So dream big. Call or drop by Antler’s Ridge today. But hurry. Only 40 of these highlydesirable parcels will be sold, and when they’re gone, they’re gone—along with the unique chance to live a life most can only dream about. Antlers Ride Estates. Trophy lots at off-the-rack prices.

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Colorado Springs Real Estate Journal


May 30, 2011

Local News

ERA Shields Real Estate raises over $32,000 for MDA

Keller Williams Red Day w/ KW Partners working at the Ronald McDonald House May 12, 2011

Above: Rebecca Ball and Gabriele Onofre of KW Partners.

Always willing to support a worthy cause, members of ERA Shields Real Estate recently raised over $32,000 during the 6th annual Expressions of Hope Art Show to benefit the Muscular Dystrophy Association. Held on May 5, 2011 at the City Auditorium in downtown Colorado Springs, the fundraiser featured food and beverages, an art show, live and silent auctions, a wine pull, and live entertainment. Over 300 people attended this year’s event and several hundred more donated to the cause. MDA is the nonprofit health agency dedicated to curing muscular dystrophy, ALS and related diseases by funding worldwide research. The association also provides comprehensive health care and support services, advocacy and education. "This fundraiser is one of the most successful initiatives every year within our company, thanks to the incredible, enthusiastic and ongoing support we receive from the community," said Stephanie Kasanicky, Relocation Director for ERA Shields Real Estate. "It's local efforts like this that really help to make a positive impact on the lives of those in need." With two locations, ERA Shields Real Estate specializes in residential real estate in Colorado Springs, Pueblo, Castle Rock and Woodland Park and has serviced these areas for over 26 years. ERA Shields agents are all full time professional advisors who strive to deliver superior service to their clients. They are national leaders in the real estate industry and offer the latest in technology to ensure the best home buying and selling experience in the nation.

Above: Georgia De Vorss and Dawn Grubbs of KW Partners.

Above: Pat Vaillancourt of KW Partners. Above: Kevin Kudrna, Paul Goldenbogen and Teri Maynez of KW Partners.

Are your potential clients on the Path2Buy? Help them realize that the American Dream of owning a home is STILL ALIVE!

See more on facebook!

Weichert offers free real estate career seminars WEICHERT, REALTORS® - Pikes Peak Group has announced a series of free real estate career seminars to be held on the first and third Tuesday of every month at 5:30 p.m. at the company’s office, located at 411 South Tejon Street, Colorado Springs. The kickoff session is set for June 7. Titled “How to Start & Grow a Profitable Real Estate Career,” the sessions are open to newcomers to the field as well as to experienced agents. Broker/Owner Frank Shoptaugh will conduct the classes “designed for anyone who has decided that it’s time to make that important career move.” Shoptaugh will be assisted by Broker/Owner Monika Newman and Barbara Low, Marketing Director. Not-yet-licensed, brand new and veteran sales people “who are ready to join a company known for its outstanding training, support and lead generation are encouraged to attend,” Newman said. For reservations or more information about the ongoing seminars, please register online www.weichertpikespeak. com. Shoptaugh can be reached 719.667.4317. May 30, 2011

Is your lender coaching your clients through the process of identifying and resolving the issues that are holding them back from buying their home? At Team Schneider, we are Certified Path2Buy Coaches and will help your clients get on the Path 2 Buying their home. Path2Buy…7½ Reasons why the real estate market is stagnant 1. 2. 3. 4. 5. 6. 7. 7.5

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OFFICE: 719.433.7651 FAX: 719.465.3409 Alice Schneider NMLS# 252027

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Copyright © 2011 Cherry Creek Mortgage. Loan products are not available outside of CO. In Colorado: to check license status of your mortgage broker visit: http://eservices.psiexams. com/crec/search.jsp. NMLS Company ID# 3001

Alice and Grant Schneider Colorado Springs Real Estate Journal


Freedom is Tom Bechtel (719) 550-6486

Marcus Brown (719) 550-6408

Josh Callens (Denver) (720) 833-3324

Unified Title Customer Appreciation

April 20, 2011

Above: Courtney Kline and Bill White with Cherry Creek Mortgage, Roger Collins with Peoples Mortgage and Ron Pipkin with Wells Fargo. Left: Susan Koutantos and Jessica Harper with Keller Williams.

Diane Danner (719) 550-6441

Alex Deboer (719) 550-6482

Carol Flynn (719) 550-6470

Brad Shaw (719) 550-6995

Cathy Gonzalez (719) 550-6431

Lisa Shoblo (719) 550-6480

Below: Melissa Woodley with RE/MAX Properties, Cindy Relich with Unified Title, Kay Newton, Macie Chadwick and Laurie Stahle with RE/MAX Properties.

Stephanie Dombrowski (719) 550-6485

Suzi Gradisar (Pueblo) (719) 296-2107

Tony Sloan (719) 550-6439

having a par tner you can trust. Ent – A Realtor’s Lending Partner As a realtor, it’s important to help your buyers find the home they’re most comfortable in. At Ent, we’re here to make it easy for them to find the financing they’re comfortable with!

Learn more in person, online, or by phone. (719) 574-1100 ext. 5602 or 800-525-9623 ext. 5602

Ent offers a wide variety of mortgage loan options* to fit any homebuyer. Plus, all of Ent’s loan decisions are made locally and we service most loans in-house. Ask about our $300 Mortgage Guarantee, too! Contact one of our Mortgage Loan Officers, today. Ent is a community-chartered credit union Equal Opportunity Lender Federally insured by NCUA

*Standard credit qualifications apply. Loans are subject to final credit approval. Financing available on homes throughout Colorado. © Ent Federal Credit Union, 2010 • Ent is a registered trademark of Ent Federal Credit Union.


Above: Darielle Hunt with Wells Fargo, Jeff Chapdelaine with Cherry Creek Mortgage, Rick Allen with RE/MAX Properties and Pam Chapdelaine with Providence Realty.

Colorado Springs Real Estate Journal

Above: Christy Schmitt and Lisa Grubesic with Bank of America, Ruthie Lohrig-Kline with Unified Title, Arleyne Glasser with Bank of America and Shannon Truelove with Unified Title.

May 30, 2011

Colorado Springs Downtown Office 2 North Cascade Avenue, Suite 125 Colorado Springs, CO 80903 office: 719.471.1058 fax: 719.471.7546


Colorado Springs North Office 7680 Goddard St., Suite 120 Colorado Springs, CO 80920 office: 719.593.1661 fax: 719.593.1044

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Colorado Springs Real Estate Journal

May 30, 2011

Local News

Saint Aubyn builds new Colorado Springs homes in Meridian Ranch Meridian Ranch is excited to announce the grand opening of the Saint Aubyn Homes model home in our Colorado Springs Golf Community. Locally owned, Saint Aubyn Homes opened their newest model home in Colorado Springs on May 15 in Meridian Ranch. Open daily to 6 p.m., the two-story Saint Aubyn Homes model home is located at 10213 Capital Peak Way in the Meridian Ranch model complex. “We’re excited to be part of this Colorado Springs master planned community. Meridian Ranch is one of

the most popular new home communities in the Pikes Peak Region offering incredible amenities and some of the best schools in Colorado Springs.” said Kevin Hart, Saint Aubyn Homes’ sales manager. Starting in the low $200s, Saint Aubyn Homes in Meridian Ranch offers an excellent array of standard features including Energy Star certification, granite countertops in the kitchen and all bathrooms, hardwood floors in kitchen and dining rooms, tile floors in entry and all bathrooms, 42” upper cabinets with crown mold-

Ron Covington Broadmoor View Grand Opening

ing in the kitchen, Kohler faucets, GE Appliances, front yard landscaping, and more. Offering main level master, two-story, and ranch style living, Saint Aubyn Homes prides themselves on an efficient construction process allowing homeowners to move into their new Saint Aubyn Home in Colorado Springs in 60 days. For more information on Saint Aubyn Homes in Meridian Ranch call Dan Fleming at 719-352-9998 or online at

Don’t risk your commission with a rookie!

May 19, 2011

With 38+ Years of Experience in the Real Estate Industry YOUR Clients are OUR Clients and They Always Come FIRST! Spec ad for Cherry Creek Mortgage Company—Team Schneider 1/3 page color

Above: Ron Covington, Shelley Farmer with Heritage Title Company, and Dave McTague with Premier Home Inspections.

Is Your LenderexPerience Closing Your Loan in 30 days or Less? Put mr. to We Are!!! Is Your Lender Too Busy Doing Refinancing to Close Your Loans? work For you! At Cherry Creek Mortgage, Purchases are Our #1 Priorities. Pic of Team Schneider

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(we will provide soon) Courtney Kline has the experience you and following TOOLS that help makewant MORE SALES, from a Lendermortgage that INVESTS IN YOU. deserve in today’s topsy-turvy world.

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• 16 years as a Realtor and Broker / Former Owner for RE/MAX Home Buyers Scouting Report • 18 years in the mortgage industry Custom E-Property Sites • Member of the Presidents Club every year since 1992 • Over 2,200 loans originated from 1992 to present We Have Opening Slots for HBM Program. Contact Us for Free Presentation on How We Can Help You Reach More Buyers. • We Do All Loans: FHA, VA, Jumbo, etc. Alice Schneider

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• We Close Deals in 3 Weeks (average) LMB100018027 OFFICE 719.433.7651, FAX 719.465.3409 Grant Schneider • We Are Available & You Can Contact Us 24/7 502 E. Pikes Peak Ave, Ste 200. Colorado Springs, CO 80903 LMB2100018028 Andrus • Brett We Fund Our Own Loans including: Processing, Underwriting, Funding

Above: Georgia DeVorss, Dawn Grubbs, Jim Owens, Gabriele Onofre and Susan Koutantos with Keller Williams Partners.


• Online Applications Available • Quick Response Pre-Quals

Pic of Family Playing in front of Home

Courtney Kline

Cherry Creek Mortgage offers the flexibility of a privately held company.

Below: Ron Covington of Ron Covington Homes, Ray Holt, Dodi Bateman, Lenka Martin, Charles D'Alessio and (Front) Nicholas Pepe with Keller Williams Partners.

Cherry Creek Mortgage has multiple investors that offer excellent rate options for the consumer. Cherry Creek Logo

w w w. S p r i n g s H o m e M o r t g a g e . c o m 6 2 6 5 L e h m a n D r. , C o l o r a d o S p r i n g s , C O 8 0 9 1 8

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Cell: 719.492.4092 Fax: 719.260.7907 Also contact my assistant Stephanie: 719.277.9231


t’s not just my business to know quality craftsmanship –it’s my livelihood. So when clients come to me and say, ‘Who builds the best homes in the Pikes Peak Region?’ I give it to them straight–Campbell. Dollar for dollar, nobody brings more to the picture, and seller-tobuyer, nobody does more to make a new owner feel at home.”

Sharon Roshek Coldwell Banker 1st Choice Realty Sales Professional since 1982

Jessica Heights at Feathergrass

Indigo Ranch at Stetson Ridge


Falcon Hills

Pronghorn Meadows

Meridian Ranch The Gables

For more Testimonials, Locations and Information visit us at Campbell Homes, LLC. 4850 Austin Bluffs Pkwy., Colorado Springs, CO Toll Free: 888-966-9790 • Local: (719) 266-9780 • Fax: (719) 266-9775 May 30, 2011

Colorado Springs Real Estate Journal


Stability yOu Ca n t RuSt

Local News G.J. Gardner breaks ground on energyefficient showcase home at Gold Hill Mesa

Gold Hill Mesa and G.J. Gardner Homes are pleased to announce that G.J. Gardner has started construction of an energy efficient home that will debut at Gold Hill Mesa during HBA’s 2011 Parade of Homes, August 5th - 21st. G.J. Gardner broke ground this week on a 3,900 square foot Victorian style home • Owned and Operated that features geothermal sourced heating and cooling along with roof mounted solar by Colorado Families since 1967 photovoltaic panels. Integrating photovoltaic and geothermal features into the home’s Framed by panoramic views of Pikes Peak sources, and is less expensive than retrofitting. By utilizing these renewable energy Old World New World Plumbing. the Front Range, Goldsavings Hill Mesa’s inspiring the homeowner will potentially gain both a net zero energy and help the en• Land Title uses only the highest architecture and walkable tree-lined streets are vironment. Further energy and environmental benefi ts come from Gold Hill Mesa’s undeniably unique. Residents enjoy front yard rated, financially sound underwriters pedestrian friendly community, fiber to themaintenance, home, and acentral location. fitness center, fiber optic network, President of Gold Hill Mesa, Bob Willard, “G.J. location Gardner -isjust theminutes perfectto fit for and asays, central downtown the region’s best parks • Escrow funds safeguarded through Gold Hill Mesa and represents the next step in the and evolution of Gold Hilland Mesa as a recreation. leader in ecologically responsible development. We are impressed with the innovation, daily reconciliation, audits & four local price. builders variety of creativity, and quality of workmanship for Featuring such a reasonable Weand area also excited dual controls floor plans, this traditional neighborhood with the solar and geothermal features. G.J. Gardner’s approach to quality and eco-conharkens back to a time when life was simpler scious home building aligns with our mission contributetruly to effi andto a community wascient living.” • All operations are in Colorado Unique to the building industry, G.J. Gardner a franchise one. Comeisfind out why over 100 now call Ask about our 2011 Realtor Bonus builder with each Program office owned and operated byfamilies experienced, – nothing is sent out of state Hill Mesa home. master builders. As a leading internationalGold custom home builder, G.J. Gardner is recognized worldwide for constructing ity homes individualized to meet the clients’ needs. G.J. Gardowned(719) and operated Intermill, & townhomes from the $160sner-Northgate, - $600s. 633-2202by Wayne | Models Openreceived Daily Contact your local Land New TitleWestside Service homes Representative Today! much acclaim during the Colorado Springs 2010 Parade of Homes, sweeping nine of the nine ‘Best Of ’ categories and the highly coveted ‘Peoples’ Choice’ award. “We’re proud to offer Gold Hill Mesa home buyers a quality, custom home experience at optimum, production prices,” says Wayne. “As a hands-on builder, we deliver a five star experience with flexibility that affects all aspects such as building for views, lifestyle, and outdoor living space. We believe that these unique features of our homes, Brent McPherson Sara Martin Stick Newland 719.464.4032 719.231.1900 719.338.6657 combined with all of the benefits of living in the Gold Hill Mesa community, will vide home owners with a quality lifestyle.” Owned and operated by Colorado families since 1967 The Gold Hill Mesa Community is conveniently located on the Westside at the footServing the Pikes Peak Region for almost 40 years! hills of Pikes Peak near Downtown Colorado springs. Sweeping panoramic views, access to miles of green space, charming home styles with front porches, alley-facing garages and pedestrian friendly walkways set the neighborhood apart. A variety of events are hosted in the Community Center throughout the year. Residents enjoy low maintenance living with snow and trash removal, landscaping, park and green way maintenance, and a fully equipped fitness center. In addition to G.J. Gardner, Gold Hill Mesa’s builder lineup includes master local builders offering a mix of products and price points: J.M. Weston Townhomes, from $160K; Challenger Homes, from $190K; CreekStone Homes from $230K; and G.J. Gardner Homes from $300K and up.

Photo CoMing Soon

Challenger Homes Realtor Luncheon

Kim Gilbertson 955-3677 LMB# 100011206

Local Underwriting FHA/VA Loans Superior Service

Dana Hines 955-3670

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May 20, 2011

Elizabeth Elmer Matt Shtatman 264-4399 930-5434 LMB# 100030062

719-593-8778 Fax: 719-593-2280

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Knowledge Professionalism Enthusiasm

1155 Kelly Johnson Blvd. Suite 480 Colorado Springs, CO. 80920

Above: (Back) Gerald Peoples with Challenger Homes, Rick Flaks, Tammy Cockrell,Tyra Sandoval with ERA Shields, and Keith McKinney with Challenger Homes. (Front) Gayle Caldwell and Colleen Meier with ERA Shields. Right: Stephanie Edwards with Gold Hill Mesa and Jared May with ERA Shields.


Colorado Springs Real Estate Journal

May 30, 2011

Local News 2011 Open House from page 1 it’s a great way for potential buyers to see the many different neighborhoods and areas in our region. It should be a real boost to our industry.” This campaign offers buyers a stress-free way to visit homes for sale in different neighborhoods where they might want to live. For sellers, the weekend provides a high-visibility effort to promote traffic and drive home sales. “There is an outstanding inventory of homes today that offer buyers their choice of amenities and price points. Low interest rates are compounding great values available. The time is right to participate in the open house campaign,” Asbury said.

What Can You Expect? Plan to join this historic event by holding open houses on June 4 and 5. REALTOR® efforts will be advanced by: • Promotional support from PPAR and The Gazette. • The Gazette is offering a special Open House Advertising package for REALTORS® who participate in the Nationwide Open House Weekend. Contact Jerry Cobb at or by phone at 636-0219, or Lori Conary at or by phone at 476-1642 by June 1, 2011. • The Gazette will be awarding prizes to prospective buyers who register at participating Open Houses including: • $500 Cash • $100 Visa gift card • 4 US Women’s Open tickets • $50 dining certificate

Keller Williams Clients Choice Realty

Red Day is our culture at work

If you happened to have seen a number of folks in your neighborhood all decked out in RED on Thursday, May 12th, there is a good chance that you were witnessing Keller Williams’ Realty Annual RED Day…give where you live. RED Day is our culture at work. And it’s the glue that binds our company together as we express our commitment and our solid values to make our communities better places in which to live. This day is dedicated to improving our local communities by engaging in projects like: rehabbing a house, cleaning up a local trail, providing food for the homeless, and many other service-related activities needed by communities across our great nation. Thousands of Keller Williams’ agents from across the U.S. and Canada will take part in this annual event, which has been one of the single biggest events undertaken in the real estate industry. Last year’s impressive success story included 150,000 hours of community service by 35,000 agents. Our hope is that we will double our efforts!

RED Day was initiated by Keller Williams’ beloved Board Vice Chairperson, Mo Anderson, who is largely responsible for keeping alive the sprit of community and giving back that so bespeaks the Keller Williams’ culture. “When you participate in RED Day, your life will be changed to a greater extent than those you have helped. This is going to be a glorious day. I thank you so much for your efforts. I thank you for what you’re doing and the difference you’re making not only in the life of your community, but in your own personal life. We love you.” - Mo Anderson, Vice Chairman of Keller Williams Realty. This year Keller Williams Clients Choice Realty took on gardening, repair, and clean-up projects at two separate locations across Colorado Springs to help Cheyenne Village. Heading up these projects were Chairman, Don Smith, and project coordinator, Nancy Murray. Acts of kindness was being done all across our community from REALTORS in RED, May 12, 2011.

• 2 participating REALTORS® or builders will win a free mobile site for 1 year on • The Gazette will also be promoting the Open House Weekend via Gazette print and online products, radio promotion via metro traffic, even rack cards. • Saturday real estate section on June 4th will be dedicated to the Nationwide Open House. It will be the cover story and the feature story on the inside. • A brief article you can customize and use in your own newsletter and/or on your Web site. • Pick up blue REALTOR® balloons from the PPAR office to display at your open houses to increase their visibility.


• Download Promotional Nationwide Open House Video to display on your website. • Download the Nationwide Open House logos and web banners.


• Flyer to encourage sellers and buyers to participate in the Nationwide Open House Weekend.

Total Contract Price*

Brokerages will be encouraged to: • Rally widespread interest among their agents, to increase the scope and power of the nationwide open house event. • Support agents’ efforts with promotional materials, such as hand-out maps of participating open houses.

on the

Why bring your buyers to Copperleaf Homes? •

Quality, Custom Homes from $300,000 and Up

Complimentary architectural concept drawing and detailed option pricing prior to signing contract for all qualified buyers

• Review tips for safe and successful open houses. The event was inspired by a state-wide open house held two years ago by the Washington Association of REALTORS®. Impressed by its effectiveness, REALTORS® expressed interest in taking it nationwide. About 60 percent of state and local associations responded in 2010 by holding the first nationwide open house event. 2011 will dramatically expand the campaign, with even greater numbers expected to participate. The above article has been supplied by the Pikes Peak Association of RealtorS®. For more information log on to or call 719-633-7718. Reprinted with permission.

May 30, 2011

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Colorado Springs Real Estate Journal


Local News Weichert office’s top ACS Relay For Life fundraiser is runner/survivor The American Cancer Society’s 2011 Relay for Life of Central Colorado Springs, Colorado is a month away, and already, WEICHERT, REALTORS® - Pikes Peak Group has earned the Top Team spot by raising over $4,000. Thirty-one teams will participate from 6 p.m. on June 17 through 7 a.m., June 18, at Grace Center for Athletics, including Barbara Low, who is not only the Weichert® agency’s no. 1 fund-raiser, but top fund-raiser for the entire Relay for Life of Central Colorado Springs. Low signed up last year as one of the first eager runners in the annual event, and shortly afterward, she herself was diagnosed with ovarian cancer. According to the agency’s Broker/Owner Monika Newman, “Barbara is doing great.” Noteworthy is that following the relay, from 8:00 9:00 p.m., Justin Williams, American Idol semi-finalist and cancer survivor, will perform a free concert for the Relay for Life of Central Colorado Springs. Relay participants, friends, family and supports are invited to attend. For more information, the event Web site is

Jeannie Roeber receives National Sales Award for being top producing real estate professional Jeannie Roeber, a top-producing real estate professional with Real Living - Select Properties was honored with a national award for exceptional real estate sales performance in 2010. Roeber is one of aselect group of Real Living Broker Associates named nationwide to the

4% Commissions on our 5 homes under construction -orQuick Commissions on To-Be-Built Homes!

group of "Top 100" real estate professionals based upon sales performance in 2010. Roeber was recognized for her real estate achievements that resulted in her being awarded position number 56 in the entire country for closed transactions. "Our Top 100 awards honor the top Broker Associates nationwide and I'm pleased that Jeannie Roeber is one of the industry's best of the best," said Harley E. Rouda, Jr., president of Real Living." Jeannie has demonstrated that achieving this level of real estate performance requires a unique blend of dedication, people skills, technical knowledge, hard work and determination."

Esther Hornecker garners prestigious President’s Club Award from Coldwell Banker Residential Brokerage Esther Hornecker, senior mortgage advisor with Coldwell Banker Home Loans in Colorado Springs, has been honored with the prestigious President’s Club award for superior performance in 2010. Hornecker previously earned the coveted award in 2006, 2008 and 2009. She has been with Coldwell Banker Home Loans for 13 years and specializes in VA loans. The President’s Club award is given to Coldwell Banker Residential Brokerage’s top loan originators for achievements in total annual closed loan volume, total close units and total capture rate. Only 10 percent of the mortgage advisors with Coldwell Banker Home Loans are recognized with the distinction.

Jennifer Montoya of Coldwell Banker garners Platinum Service Recognition Jennifer Montoya, a leading broker associate with Coldwell Banker Residential Brokerage in Colorado Springs, has been recognized with the Quality Service Certified (QSC) platinum award from Quality Service Certification, Inc. The award recognizes Montoya’s achievement of earning 100 percent client service satisfaction in 2010 as measured by Leading Research Corporation (LRC). The QSC award is the only recognition in the real estate industry based on independently-validated customer satisfaction survey results. Following the conclusion of real estate transactions, clients of QSC agents receive a survey asking them to rate the agent on various aspects of the service process. The surveys are administered and the results are received and complied by LRC. Montoya has earned the QSC award each year since 2002 and platinum status in consecutive years since 2003. Montoya earned her real estate license in 1993 and is a member of the Pikes Peak Association of Realtors, the Colorado Association of Realtors and the National Association of Realtors. She is the recent recipient of the Best in the Business award for 2010, a recognition bestowed upon the top 250 among 30,000 QSC certified agents who consistently provide excellent service resulting in highly satisfied clients. Montoya earned her bachelor’s degree from Colorado College, graduating cum laude, and her MBA in real estate from the University of Colorado at Boulder. She enjoys skiing, scuba diving, traveling, and real estate investing.

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New Homes on the West Side of Colorado Springs!



Colorado Springs Real Estate Journal

30 th New Home Sales Center



Fillmore St

30th St

Sales Center Open 9:00 am - 5:00 pm Daily

Garden Of The Gods Rd


719.314.2120 •


•Your Buyers will receive a membership at Garden of the Gods Club 27 Holes of Golf • Sports Club • Tennis Center • Recreation Center & Pool • Spa • Dining •Prestigious West Side location with spectacular views and close to everything •Nine Exceptional Floorplans in Gated Neighborhoods from $438,000 to $2,000,000


•You will receive 4% commission on the five new homes now under construction Two will be completed in July - come see them under construction at any time •For new to-be-built homes, you will be paid a 3% commission on the price of the homesite and base price of the home at the homesite closing, NOT at the end of construction (Premier Program)

May 30, 2011

On the Move Suzanne Cote Merit Company, Inc. Real Estate Suzanne is a native of Montreal, Canada. She has 27+ years of dedicated military service in the Canadian Forces, serving in different locations in Canada as well as Bosnia, Afghanistan, Washington, DC and Colorado Springs. Now, as a full-time REALTOR®, she brings to Merit Co the same dedication and customer service and work ethic. She knows how daunting moving around can be for families and wants to ease this transition by helping them with their real estate needs. With her experience gained as a senior Finance officer and her MBA, she particularly wants to make dreams a reality for first time buyers and investors. When not submerged with real estate activities, she enjoys restoring old houses, working with fused and stained glass, and hiking up the Incline or Barr Trail. She is also actively involved organizations such as the Parks Recreation Advisor Board in Manitou Springs. Suzanne feels that there is no greatest satisfaction than helping others in any way she can and welcomes the opportunity of assisting you with all your real estate needs.

Vonona Perkins Merit Company, Inc. Real Estate Vonona has joined Merit, originally from Texas. She's lived in Florida, Missouri, and now Colorado. She is very proud to end their military career here in Colorado Springs. Some of her favorite past times include being a Girl Scout troop leader for 4 years and a volunteer cheer-leading coach. When she is not working she enjoys spending time with her husband and two girls. She loves working in real estate because "She loves

helping others find what makes them happy". She is a very dedicated person when it comes to others, very outgoing and loves to be challenged.

Tammi Lenning JaxSun Properties Tammi was born in Yakima, Washington. When she was about two months old her family moved back to Colorado and has lived on the front range ever since. Tammi was raised in Falcon, Colorado, and considers herself a Colorado native. A devoted wife and mother of three, Tammi, is actively involved in her community. For the past several years Tammi lived in the Fountain Valley area, and is familiar with what that area has to offer home buyers. When Tammi is not involved with her real-estate clients she enjoys family trips, vacations, hiking, fishing and camping. Tammi enjoys her career as a Realtor. In the past, Tammi has had several management responsibilities. Now she enjoys a career, helping her clients either in finding or selling a home. Tammi says, "It's truly rewarding to be involved in someone else's dreams". Whether you’re buying or selling a home, look to Tammi Lenning to assist you with your dreams.

Soo Man Kim Merit Company, Inc. Real Estate Hello my name is Kim, I am married and have two children. My hobbies are hiking and fishing. I am a member of Grace Mission Church and speak fluent Korean. I have been in the retail business for 25 years. I started a business of my own from the ground up with the help of a Real Estate Broker. I did not have a good experience with this broker and this is why I chose to become a Real Es-

tate Agent myself. I want to make sure that others do not have a similar experience like I did. I will help you as much as possible so that your buying experience will be a memorable one to you. I am truly passionate about all customers and they will always be number one with me. I will do my best to make sure you find the perfect property to fit all their needs. I really want to make a beautiful, memo-

rable footmark with my customers for them to carry not only with this transaction but in the future. Please give me the opportunity to work with you and help you become your other brain in our real estate transactions. Let’s build up a good friendship; and I welcome you to be a good partner in my life and yours.

Legacy Title Group, LLC

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Framed by panoramic views of Pikes Peak and the Front Range, Gold Hill Mesa’s inspiring architecture and walkable tree-lined streets are undeniably unique. Residents enjoy front yard maintenance, a fitness center, fiber optic network, and a central location - just minutes to downtown and the region’s best parks and recreation. Featuring four local builders and a variety of floor plans, this traditional neighborhood harkens back to a time when life was simpler and a community truly was one. Come find out why over 100 families now call Gold Hill Mesa home.

New Westside homes & townhomes from the $160s - $600s.

May 30, 2011

(719) 633-2202 | Models Open Daily

Colorado Springs Real Estate Journal


Local Expert

Do it!





Do it!

Do it!

There was a National Association of Realtors study which revealed an interesting fact. Buyers of real estate were asked if they would use the same real estate agent to sell their property; seven out of ten said they would. Once all those properties were sold, less than two out of ten did use the same agent. Those questioned who did not use the same real estate agent answered, â&#x20AC;&#x153;I never heard from them once the first transaction was completed.â&#x20AC;? As President and Owner of a Title Insurance company, I often hear buyers and sellers say, â&#x20AC;&#x153;I have not heard from my real estate agent in years.â&#x20AC;? Working your sphere of influence is crucial, yet studies indicate many agents do not effectively keep in touch with By Bill McAfee past clients, friends, family, or other valuable relationships which Empire Title could give them repeat business. This is where I say, â&#x20AC;&#x153;DO IT!!â&#x20AC;? â&#x20AC;&#x201D; Your sphere of influence is the easiest way to get repeat business. You probably have a gold mine in your computer, and it is not being worked. You should extract every nugget in todayâ&#x20AC;&#x2122;s market. Those left behind will ultimately cost you time and money. Time is the reason you need a contact management system. Outlook will suffice, but there are real estate specific systems which work remarkably well. Sticky notes do not work when it comes to keeping consistent contact. In fact, a system that does not utilize a computer will likely leave you in sticky note purgatory. Consistent contact is a must, and technology has made it much easier and less expensive to accomplish this task. How much contact is enough? I recommend a monthly email, text, or hard copy mailer to your clients. In addition, you should speak with them four times a year. The information you send should be useful and educational. It should keep buyers and sellers abreast of current market conditions. Your goal should be to stay top of mind for everyone in your data base. In other words, your clients should call you for ANY AND EVERY real estate question. You may not be able to answer every question, but you should have the resources to find the people who can. The people you surround yourself with must be experts in their fields. A roster of your team would be very helpful to your buyers and sellers. By team, I am referring to title, lending, home inspector, handy man, insurance agent, etc. You are their point of contact to the real estate world. The more helpful you are the more valuable you become. The Jedi mind trick does not work. Believe me, I have tried. Staring into their eyes and saying, â&#x20AC;&#x153;You will use meâ&#x20AC;?, only works if you provide great service and fill a need your client has. Clients want information about your industry. What are interest rates doing? Are homes selling? Is now a good time to buy? Should I protest my property tax valuation? What new industries are coming to town? What new loan programs are available? Is now a good time to invest? Do you know a good plumber? What is the rental market doing? Are mortgage insurance rates going up on FHA loans? How does the Mortgage Debt Cancellation Relief Act work? Are foreclosures rising in our market? Are bank owned properties a good investment? These are all topics which are of interest to your clients. I just gave you one year of material to talk about for free. All of this information is readily available and does not cost much. Make yourself the real estate expert to your clients. If you give them great information, surround yourself with a great team, consistently contact them and return phone calls, you will get miraculous returns from your sphere of influence. People who do this well can expect long-term return of ten to twenty percent. In other words, if you have three hundred in your sphere you should be able to generate thirty to sixty transactions each year. Which leaves me with one thing left to say: â&#x20AC;&#x153;DO IT!!!!â&#x20AC;? Bill McAfee is President of Empire Title of Colorado Springs. This information is deemed reliable but not guaranteed.

Update 2011 YTD vs. 2010 YTD â&#x20AC;˘ â&#x20AC;˘ â&#x20AC;˘ â&#x20AC;˘ â&#x20AC;˘ â&#x20AC;˘ â&#x20AC;˘

Average Price ď&#x192;Š2.3% Median Price ď&#x192;Ş0.3% Residential Units Sold ď&#x192;Ş4.7% Inventory Levels ď&#x192;Š6.7% Number of Listings ď&#x192;Ş3.9% Foreclosures ď&#x192;Ş26.1% Interest Rates are at historic lows




Colorado Springs Real Estate Journal

May 30, 2011

Around the Corner June

Monday, June 6 HBA/PAC Golf Challenge 7am – 2pm @ Kissing Camels Golf Course 719-592-1800

Wednesday, June 1 Wolf Ranch Concert in Gateway Park 6pm – 9pm, Band: The Kate Leroux Band FREE & Open to the Public

Wednesday, June 7 How to Start & Grow a Profitable Real Estate Career 5:30pm @ Weichert Realtors (411 S Tejon) 719.667.4317

Thursday, June 2 Masterminds Networking Group 7:30am – 9am @ Canon National Bank RSVP to Chris Foxen at 632-4889 or

Wednesday, June 8 Annual Commission Update Course 1pm – 5pm @ Empire Title 719-884-5300

B.L.E.E.P. (Black Forest & Eastern Marketing Group) 8:30am – 10am The Grill at Latigo Trail Equestrian Center Roxene, 495-6213

Wolf Ranch Concert in Gateway Park 6pm – 9pm, Band: Redraw The Farm FREE & Open to the Public

CTM eContracts: Beginners 10am – 12pm @ Empire Title 719-884-5300

Jazz in the Park at Cordera, w/the Pikes Peak Jazz & Swing Society 6pm – 8pm @ Cordera Grand Lawn Park Featuring 11-piece band “The Swing Connection” Free and open to the public

Friday, June 3 Pikes Peak Exchangers 8am – 9:30am Valley Hi Golf Course Restaurant Charlie Madson: 719-955-1855

Thursday, June 9 Small Business Day 8am – 1:30pm @ Doubletree Hotel (719) 255-3844

Saturday, June 4

Farm and Land 8am – 9:30am @ Maggie Mae's Jim Crossey, 719-579-0404

Building A Home: Help from Ground Up 10am – 12pm @ Ent (Galley Service Cntr) RSVP: (719) 574-1100 ext 6670

Tri-Lakes Marketing Forum 8:30am – 10am @ Inn at Palmer Divide Kim Rossbach: 719-534-7444

REALTOR® Nationwide Open House Runs through Sunday.

Saturday, June 18

Credit Repair: The Good, Bad, Ugly 9am – 10pm @ Empire Title 719-884-5300 Women's Council of Realtors 11:30am – 1:30pm @ Embassy Suites Hotel Renate Carrier, 888-313-5928

Friday, June 10-12 Wolf Ranch Community-Wide Garage Sale 8am – 4pm @ Wolf Ranch

Saturday, June 11,12

Home Buying Seminar 10am – 12pm @ Ent (Campus Dr.) RSVP: (719) 574-1100 ext 6670

Tuesday, June 21 NARPM Meeting 11am – 1pm @ Clarion Hotel (314 W. Bijou), Jorgette Krsulic with Colorado Casa Realtors : 719-227-7200

Wednesday, June 22

HBA Remodeled Homes Tour 10am – 5pm @ Various Locations 719-592-1800

Myths, Mistakes, Mayhem in Short Sales 9am – 11pm @ Empire Title 719-884-5300

Tuesday, June 14 CHFA - Creating Homeownership in CO 10am – 12pm @ Empire Title 719-884-5300

Wednesday, June 15

Wolf Ranch Concert in Gateway Park 6pm – 9pm, Band: Jim Adam Band FREE & Open to the Public

Thursday, June 23 Farm and Land 8am – 9:30am @ Maggie Mae's Jim Crossey, 719-579-0404

CTM eContracts: Advanced 10am – 12pm @ Empire Title 719-884-5300 Wolf Ranch Concert in Gateway Park 6pm – 9pm, Band: Double McGuffin (PP Jazz & Swing Society) FREE & Open to the Public

Saturday, June 25-26 Purely Ponds Parade of Ponds 9am – 5pm 719-896-0026

Wednesday, June 29

Thursday, June 16 Pikes Peak Marketing Forum Pitch Your Listing 8am – 9:30am @ Colo Springs Country Club Ruthie, 719.492.3998

Wolf Ranch Concert in Gateway Park 6pm – 9pm, Band: Flute Daddy with Joseph Liberti (PP Jazz & Swing Society) FREE & Open to the Public

* Events subject to change. Due to space, please check with event/class holders early for more detailed information including cost and registration dates. Email events to

Hardly Living?


Join us. Start living again!

Real Living

A Leading Residential Real Estate Company

The future of real estate rests with the Real Living agent. Our job is to support our agents every step of the way by developing an outstanding brand and marketing program, advanced technology and tools, and training that sets us apart from other practitioners.

• • • • •

E-Leads Full Time REO & Corporate Relocation Dept. Company Forms and eContracts Online Listing & Under Contract Administrators Profit Sharing

We believe in our agents, their skills and commitment to the profession and the customer. And we believe our role is to help them lead the industry in productivity and profits.

If you’re ready to grow, we’re ready to invest in you. Contact John Moher or Charlie Brown for a confidential conversation about your real estate career:

2 min. to Peterson AFB • 12 min. to Ft. Carson • 10 min. to Downtown 5 min. to Powers Blvd. Shopping • 7 min. to Citadel Mall.



From the $130’s • 2 Car Garages Standard • From 1,450 Square Feet


• Convenient Location • Self Financed for Longevity

MLS# 437379 MLS# 673871 MLS# 612282

The Glen at Sand Creek

Mark McWilliams

Fax: 719.534.7411

Contact Andre Webb:




E Platte Ave S Academy Blvd

The Gold Medal Team

Airport Rd

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• Consumer Friendly Agent Website (MLS Integrated) • Contact Management System • Mobile Applications • 360* Marketing Platform • Centralized Showing Service

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To help our agents achieve business excellence, Real Living has developed a package of services unparalleled in the industry.


719-271-0922 An Independently Owned and Operated Firm

May 30, 2011

Colorado Springs Real Estate Journal


for a limited time-

Your Appliances, Landscaping & Loan Origination Fee Talk about smokin’ deals! Classic Homes now offers the hottest house-warming package on the planet!

Buy a new Classic home in the next few days and you’ll get FREE stainless steel appliances…complimentary front-yard landscaping…and a total waiver on your loan origination fees! It’s top-of-the-line value at bottom-line pricing. No hassles, no hustles, no haggling. But it won’t last long, so get a move on. Call or stop by today, and take advantage of this extraordinary, limited-time offer available in select communities. Some restrictions may apply. - Award-winning Hometown Builder Since 1989 - Rated #1 in New Home Quality (4 years running) - Rated #1 in New Home Customer Satisfaction - Masterplanned Communities/Prime Locations

- Floor Plans for Every Lifestyle - In-house Design Studio - Licensed Realtor Sales Counselors

Military Appreciation Discount Thank You for Your Service!

Active Military? Show Us Your ID, And We’ll Show You An Additional $4,000 Discount!** At Classic, you not only get more home for the money. If you’re active military, you get more money for the home. Take us up on this limited-time Free Appliance, Free Landscaping, Free Loan Origination Fee offer, and we’ll throw in four-thousand dollars of our own money toward your purchase. That’s free cash you can instantly apply to either new home construction or existing, speculative inventory. (Sorry, not available to non-military customers) Call, or stop by today for details! Offers valid when financing with our preferred lender. Not valid with any other discounts or incentives. *Appliance, landscaping and loan origination fee incentive applies to new construction on contracts written on or after 5/16/11 and is a limited-time offer subject to change at any time without notice. See sales agent for details. Some restrictions may apply and vary by community. **Active Military discount applies to new contracts written on or after 5/16/11.

Colorado Springs Real Estate Journal  

May 30, 2011

Colorado Springs Real Estate Journal  

May 30, 2011