Homes For Sale In Colorado SpringsHomes in Colorado Springs and surrounding areas are going under contract quickly these days.  Inventory is low so there is more competition in the market for Buyers looking to find a home.  Here is a list of the Top 5 Things to do when competing against other Buyers.

  1. Get Pre-Approved.  Not just Pre-Qualified.
  2. Meet with Experienced Colorado Springs Real Estate Agent - An Initial Buyer Consultation is important to share your expectations in a home and what your timeline is so your agent can get a jump on available homes.  They may even have knowledge of upcoming listings that match your needs before they even hit the market.  Stop relying on the national home search sites that are as much as 8 months outdated.  (Click Here to Schedule an Initial Buyer Consultation)
  3. Utilize Resources that other Buyers don't know about.
    • Market Snapshot - See the latest listings along with market stats, demographics and more for your area of interest.
    • Latest Price Reductions - All of the listings that just had a price reduction.
    • Newest Listings - No criteria here.  Just all of the newest listings that are fresh on the market in order.
    • Manual Home Search - Have the search at your fingertips with this interactive search where you can play around with your requirements and areas.  Also Up to Date.
    • New Listing Email Alerts - Enter in your dream home requirements and be updated 4 times per day on the newest listings and price reductions.  Nothing outdated here.
  4. View Favorites Quickly - Look at your top picks as soon as possible.  Drive by them if possible to quickly eliminate any homes that do not pass your exterior or neighborhood expectations.  View remaining properties immediately with your Realtor.  A Realtor that is part of a Real Estate Team will provide more flexibility with schedule as they have more help.
  5. Make Educated Decision Quickly - If the home fits your expectations and you feel good about it lock it down.  You will still have various contingencies in the contract for Inspection, Appraisal, ect.