http://csbj.com/realestate/2011/04/05/pikes-peak-association-of-realtors-homes-sales-jump-73-percent/ Just another Colorado Springs Business Journal weblog Thu, 13 Dec 2012 18:49:54 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://csbj.com/realestate/2011/04/05/pikes-peak-association-of-realtors-homes-sales-jump-73-percent/comment-page-1/#comment-935 RJS Thu, 28 Apr 2011 14:12:38 +0000 http://csbj.com/realestate/?p=274#comment-935 The real estate community and in particular realtors need to start getting more realisitic as it relates to pricing homes, etc. Having spent the last 19+ years in the real estate and finance industry, coupled with doing cosulting work and working full time in the same, I am still amazed at some of the pricing methodology or should I say lack there of realtors are using. They are stuck in a pre 2007 valuation mode and are trying to make a case for their current home pricing based on a reduction from pre 2007 levels or what their homeowner currently have invested in their home (Neither are relevant when pricing a home). Only when the real estate community (In particular realtors) wake up and realize that we are in 2011 and get a bit more realistic as it relates to current valuation, current economic factors affecting our local economy and start educating their sellers on what is or is not realistic, only then will there be a true basis to attract the “fence sitters” into the housing market.

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