Peak Price Colorado with Karen Schaefer

If we were on ‘Jeopardy!’, that would be my answer. Do you know the question? If you guessed “Should I sell my home this year?” The answer is “HECK YES!” Nearly every day, I get a call from one of my clients or their friends or family members and they ask me the million- dollar question. “Is this a good time to sell my home?” HECK YES! No one knows what this market will do over the next year or so, or if the rates will increase. But what I can tell you is, TODAY, the prices have never been higher, and we have never seen a stronger pool of buying power due to historically low interest rates. There is currently 57% less inventory than last year at this time and the Buyers are purchasing it twice as fast for a higher price. Ultimately, only you and your family know when it’s the right time to sell. And, if you want to give me a call to discuss your options and pricing, I would be glad to sit with you and evaluate the details, no strings attached. If you do decide to sell this year, Pete and I will be right there with you. “HECK YES!” To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions: O: (719) 540-6459 C: (719) 244-3420 E: KarenSchaefer@ReMax.net W: PeakPriceColorado.com Do you like the show? Please subscribe, rate, review and share Connect with the Peak Price Colorado Team: · PeakPriceColorado.com · PeakPriceColorado Facebook · PeakPriceColorado Instagram · PeakPriceColorado LinkedIn · PeakPriceColorado Twitter · PeakPriceColorado Pinterest

Colorado Sweet Spot. Since this month is all about Love, let’s talk about the love currently being experienced throughout the Rocky Mountains. Who and what is driving our market to record high pricing and record low inventory!

Welcome back to another episode of Real Estate News with Karen Schaefer. When it comes to deciding to either Buy or Sell a Southern Colorado Property in Teller or El Paso County - -What is your next move? 1. Pivot or Giant Leap to the Left or Right? 2. Is it time to sell or hold steady and weather the storm? 3. The effects of an election, an already long run in a strong economy and COVID 19 may cause you to think seriously about selling 4. Are we really protected by the mountains or are we vulnerable like the rest of the nation? You can find out more information about Buying and Selling Southern Colorado property in Teller and El Paso County by visiting my website at www.PeakPriceColorado.com Follow me on Facebook for weekly Facebook Live events where I give real estate market updates for Teller and El Paso Counties, preview new homes and offer easy to follow home seller & buyer marketing tips! www.facebook.com/peakpricecolorado To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions: O: (719) 540-6459 C: (719) 244-3420 E: KarenSchaefer@ReMax.net W: PeakPriceColorado.com Do you like the show? Please subscribe, rate, review and share Connect with the Peak Price Colorado Team: · PeakPriceColorado.com · PeakPriceColorado Facebook · PeakPriceColorado Instagram · PeakPriceColorado LinkedIn · PeakPriceColorado Twitter · PeakPriceColorado Pinterest

Open Houses for Charity Hey everyone! Welcome back to another episode of On the Treadmill with Karen Property Marketing and Home Selling Secrets. I’m Karen Schaefer with RE/Max Properties and Peak Price Colorado and I’m glad you are here! One of my goals in Real Estate is to continually find fun and unique ways to contribute to the local community while serving my clients. A few years back, I started incorporating Open House Events with a local Charity or cause that my clients support. I simply married the theme of the Open Houses with a Charity. Here a few of my favorites: 1. Food Bank donation during the Holidays – this one works great during certain times of the year. 2. A "Sock Drive for the Homeless" during the colder months. Here’s how it works, new home buyers come the Open House and bring a new pair of socks to donate. I add another pair to match the donation. We ended up donating a couple hundred pairs of socks during a time of year when they are badly needed. 3. Donate to a local family in need. Often times, you’ll find a family in the area that could use some help or support. Hosting Open Houses in combination with a local Charity or cause draws people in and makes them feel great about participating and contributing.” Find more Property Marketing and Home Selling Secrets on my Facebook page www.Facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions: O: (719) 540-6459 C: (719) 244-3420 E: KarenSchaefer@ReMax.net W: PeakPriceColorado.com Do you like the show? Please subscribe, rate, review and share Connect with the Peak Price Colorado Team: · PeakPriceColorado.com · PeakPriceColorado Facebook · PeakPriceColorado Instagram · PeakPriceColorado LinkedIn · PeakPriceColorado Twitter · PeakPriceColorado Pinterest

How many homes are actually on the market right now in Teller and El Paso Counties? Hi Everyone! Welcome to another episode of ‘On the Treadmill with Karen.’ I’m Karen Schaefer with Peak Price Colorado at RE/MAX Properties, Inc. This weekend, I had a friend, who is thinking of selling her home, ask me exactly how many homes are on the market right now. It’s a loaded question as you can divide this in so many ways such as price, location, type of structure and so on. But to answer her question, I did a search of the most desirable and sought after segment which is an existing home with a wood frame and between the price of $300-$500K. This means, I did not include things like new builds, townhomes or manufactured homes. Having said that, in Woodland Park, there are 12. In the Ute Pass, including GMF, Cascade and Chipita Park, there are 4 and this one really surprises me but in Colorado Springs, there are 76. Considering we have total population between these areas of just under 500,000 in Colorado Springs, over 8,000 in Woodland Park and another couple of thousand around the Ute Pass area that means we have 92 listings serving nearly 510,000 people! In case you are wondering, that isn’t very many. As a matter of fact, it is down right scarce! So what does this mean? Well, for Sellers, it still means it’s a Sellers market. Things are priced high and still moving quickly so don’t fall prey to those discount agents that try to convince you that your home is worth less than you can actually get. And for Buyers it means you need to be prepared. Work with your agent to get to the right homes first and leave the questionable ones as plan b. Be flexible when making offers. Depending upon the home and the area, talk to your agent about the possibility of multiple offers and how to win. There are various strategies beyond price such as accommodating the sellers deadlines or post rent back, quick closing, minimal inspection items and the list goes on. A savvy agent will coach you on the different terms to compete. Don’t be afraid and don’t throw in the towel. The right home in Woodland Park, Colorado Springs or the Ute Pass is out there and waiting for you but it’s just a different kind of game. Thanks for joining me everyone! Have a great day and I will see you next week for the next episode of Property Marketing and Home Selling Secrets with Karen S. Schaefer. Find more Property Marketing and Home Selling Secrets on my Facebook page www.Facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions: O: (719) 540-6459 C: (719) 244-3420 E: KarenSchaefer@ReMax.net W: PeakPriceColorado.com Do you like the show? Please subscribe, rate, review and share Connect with the Peak Price Colorado Team: · PeakPriceColorado.com · PeakPriceColorado Facebook · PeakPriceColorado Instagram · PeakPriceColorado LinkedIn · PeakPriceColorado Twitter · PeakPriceColorado Pinterest

The ONE thing you must do to successfully market your home There are a million things that can be a part of the marketing campaign for your Teller County or El Paso County home but the biggest happens before you ever put your home on the market. It’s called a pre-marketing campaign. What’s that? It’s when a smart agent gets your home out to the public, in a legal and ethical way, in order to market your home before it ever comes on the market. This pre-marketing campaign creates excitement, anticipation, and desire. And, I think the best 3 methods of doing a pre-campaign in the Teller County or El Paso County markets are: 1) An online preview video showcasing your home. 2) An announcement to the neighborhood and an invite to a nosy neighbor Open House. 3) Professional photos used as teasers leading up to the listing. And there are an abundance more tips on getting your home pre-marketed, listed and sold all of which we will cover on further episodes of On the Treadmill with Karen.

My neighbor told me to paint my house pink. Have you ever performed your own surgery while your mailman consulted? Replaced your car engine while your hairdresser was on call for advice? Or Prepped a seven course meal for world leaders with Oscar Meyer on stand by? Then why on earth would you take advice on fixing up and selling your home from someone who doesn’t know what they are doing? I always think taking advice on selling your home from someone is like accepting advice from them on trading stocks. When they recommend a stock, the first question should be; “How many shares do you own?" There are 3 things to consider when someone gives you advice on selling your home. 1) How many Homes have they sold? 2) Run the Numbers 3) What is your gut telling you? So the next time someone offers you advice on selling your Southern Colorado home… ask your gut if their feedback is qualified! Find more Home Selling Tip videos like this on my Facebook page www.facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County

Colorado Springs is forecasted to be one of the Top 10 Housing Markets in the Nation for the next 3-5 years. Contributing Factors: -Strong Economy -Highway 25 Expansion -Migration of Industries to the Area -Continued growth pattern in Teller County Key Points of Growth: -Lots of Building in Teller and El Paso Counties which now costs approx. $225-$250 sq. ft -Continued low-interest rates To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

Maintenance is key: With cold weather, we need to make sure we are maintaining our homes so they perform year after year. 1) Change your furnace filter and have your furnace serviced 2) Update your CO2 detectors 3) Shovel snow away from your foundation 4) Remove snow from your roof and gutters To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

There are pros and cons to getting your home pre-inspected before you put it on the market. A pre-inspection cause sometimes can be less detailed than an actual inspection. It's because maybe the seller didn't order radon testing or meth testing or mold testing or lead-based paint testing or, or any of those things. So maybe that's less detailed than what you would want as a buyer. We get used to those things; we forget about them. Sometimes it allows a seller to fix things initially and sometimes more cost effectively. To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

#EveryBoxCounts was sparked by all the boxes me and my husband, Pete, were getting delivered every day. At first, we would use them to ship other things or for packing, but there were just so many! What should we be doing with all these boxes? Well, Pete owns a storage unit business and I am a Real Estate Agent. Both of our clients use boxes every day! And we are constantly getting deliveries so... we had an Edison moment and a light bulb went off! We could provide a FREE service to all of our clients and really anyone in El Paso or Teller Counties! To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

Smaller homes command far greater price per square foot. Teller County and the Ute Pass have lots of smaller homes and historic cabins that can sell higher than traditional homes. Millennials and Empty Nesters are looking for smaller homes and cozy mountain cabins. To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

The Southern Colorado market is getting more balanced but as Spring and Summer approach it will lean again toward a Sellers Market. Sellers may have to do a little more work on their home to continue to demand higher prices. Marketing, Positioning and Defining Buyers will be key to Premium pricing. To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

The median price for Teller County was $387 in Feb 2019 vs. Dec. 2019 at $328,500. Its an election year so earlier in the year may be better than listing later in the year.Less competition with other mountain homes in Feb. vs. May. To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday #WhatsMyColoradoHomeReallyWorth #KarenSchaefer #onthetreadmillwithKaren

Colorado Springs Mayor John Suthers agrees with everything I have been saying about our local real estate market. Karen@PeakPriceColorado.com PeakPriceColorado.com 719-540-6459

To participate or not in the real estate slowdown...at Peak Price Colorado...we choose NOT to participate. We choose to still get the Peak Price for all of our Listing Clients and find the perfect Peak Home for all of our Buyers. Karen@PeakPriceColorado.com PeakPriceColorado.com 719-540-6459