Colorado Springs Realtor - Cherise's Blog: Colorado Springs Realtors – Distressed People Not Distressed Properties

Colorado Springs Realtors – Distressed People Not Distressed Properties

On Friday, Gordon (my husband) and I had lunch with my former Managing Broker, named Paul Goldenbogen, who was the Real Estate Commissioner for the State of Colorado. Usual between us, we catch up on our friendship as well as the dealings about the local real estate business.

Besides the open discussions about strategies and the sharing of experiences, our conversation ventured towards the subject about distressed properties. I agree with Paul about short sales, foreclosures and bank-owned statuses. These properties aren't distressed. Colorado Springs Realtors must recognize that distressed people are trying to cope with monstrous-sized problems with perfectly good properties.

As of late, when consulting with my selling clients, I’m encouraging my sellers to openly declare their intentions about what they’d really like to see throughout the entire selling process. I’ve spent additional time to really hear their voice, especially those underwater with their homes, to really help address the most relevant issues about their home selling experience. While I can’t solve every problem, it helps to empower my sellers to take more control themselves, even if losses are part of the Colorado Springs Real Estate process.

Feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC:

2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

The originating source for this blog is derived from the following:

Colorado Springs Realtors – Distressed People Not Distressed Properties

Comment balloon 10 commentsCherise Selley • April 12 2010 07:14PM

Comments

Cherise,

What a great approach. Reframing short sales in this manner is excellent and then encouraging persons to define what they want and need during this very difficult time in life is just amazing.
Great job.

Cal

Posted by Cal Yoder, Homes For Sale in Lancaster PA - 717.413.0744 (Keller Williams Elite) over 10 years ago

So true Cherise.  These are just normal people (for the most part) in the midst of unfortunate circumstances.  It could happen to any of us. 

Posted by Melinda (Mel) Peterson, The Blessed Realtor - ABR, CRS (Grants Pass, OR) over 10 years ago

Cal - When dealing with those who are underwater, I think they feel like they have no power to make decisions.  Everyone of us has the ability to make tough decisions.  We just have to help them realize this.  Cherise

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Melinda - A geopolitical disaster within our own borders could over tip the scales against any one of us.  I agree with you.  Cherise

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Cherise, we are dealing with several clients that are having big issues, mostly caused by loss of  jobs or income.

Posted by Joan Zappa, Professional treatment of our clients, brings awes (Eagles Wings Realty) over 10 years ago

Nick, we certainly see this scenario also.  Yet, it surprises me how pockets of people are still doing fairly well in Colorado Springs - ie. job growth and new home construction.  Cherise

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Cherise, this is a great perspective regarding the homeowners and what they are going thru as they short sale or go thru foreclosure.

Posted by Heather Fitzgerald, REALTOR Greenwood Indiana Real Estate (REALTY WORLD-Harbert Company, Inc.) over 10 years ago

Great points.  It is good to know up front what people are up against and if they are sincere in getting the help they need, they will share this with you.

Did you by chance see my post about MD Anderson?  If you have a minute, take a peek.  I will be ther all day tomorrow and would love to ask for your prayers.

Posted by Paula McDonald, Ph.D., Granbury, TX 936-203-0279 (Beam & Branch Realty) over 10 years ago

Heather - thank you for your words.  Cherise

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Paula - I'm going to your blog posts next.  Cherise

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

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