The RE/MAX Properties, Inc. Monument location has moved to 1761 Lake Woodmoor Dr. Don’t let the address fool you though, the building actually faces Hwy 105 at the I-25 interchange.  You can see our new location on google maps – and while you’re there, don’t forget to leave us a review!

You’ve probably seen it – websites like zillow.com that purport to be able to tell you what your home is worth. It’s a great idea. I mean, who wouldn’t like to be able to type in their address and get a value on their home? So just how accurate is Zillow in determining home values in Colorado Springs?

Well, I guess that depends on your definition of accuracy, but if they were trying to hit the broad side of a barn with a shotgun at point-blank range they’d still miss 43% of the time. Yes, it’s that bad. Here is Zillow’s own disclosure about their accuracy in El Paso county Colorado:

Zestimate is within 5% of an Actual Sale Price 34% of the time.

Zestimate is within 10% of an Actual Sale Price (includes above number) Only 57% of the time.

Zestimate is within 20% of an Actual Sale Price Only 78% of the time.

So, in other words, Zillow misses the mark by over 10% of sale price a more than 2 times out of 5.  They miss the mark by over 20% more than 1 time in 5. For an average Colorado Springs Home this means a disparity of $20,000 and $40,000 respectively!

Just in case you were wondering how Zillow feels about their abilities to determine what your homes worth, they’re actually pretty proud of themselves. In fact, they give themselves 4 out of 4 stars for accuracy in El Paso county.

[jeremy]

My thoughts on the Showing activity we’re seeing as it compares to the number of listings available.

Thanks for watching!

[jeremy]

At The Circa Group at RE/MAX Properties, Inc. we’re always looking for new ways to better serve our clients.  That’s why I’m so excited about this new service we’re offering for anyone selling a home in the Colorado Springs area.

Showing Beacon is really a simple solution to an age old problem.  How do you know when an agent is done showing your home so you can come home?  It used to be that you were limited to driving around the block for an hour or sitting in your neighbor’s driveway – neither of which is a good idea.

The Showing Beacon is placed near the door

Now, when an agent finishes showing your home, they simply press a red button on the Showing Beacon and you immediately receive a call on your mobile phone notifying you that the showing is complete!  It’s that simple – a little device with a red button that makes your life easier.  Or to put it another way, it’s Colorado Springs Real Estate, Circa Now.

[jeremy]

p.s. Showing Beacon does require that you have an active phone line in your home.  If you’re a cell phone only household, you may want to activate a line for a month or two while your home is on the market so you can take advantage of this service!

At The Circa Group at RE/MAX Properties, Inc. we offer a cash bonus of up to $1,700 to any military clients purchasing a home. (exact amount is determined based on the purchase price, please contact us for cash bonus amounts.) This is money that can be used towards closing costs, put towards the purchase price, repair inspection items, or even credited back to you directly in most cases.

At The Circa Group this cash bonus is available to active duty, retired, reserves, or national guard.  And there’s no hoops to jump through, paperwork to fill out, or caveats.  it’s just one small way for us to say “thank you” for your service to our country.