Eddie Hurt

"Your Trusted Advisor"
  • I'm a:
  • Real Estate Professional
  • Company:
  • ERA Shields Real Estate
  • Location:
  • Web sites:
  • Phone:
  • (719) 576-3600
Eddie Hurt,  in Colorado Springs, CO
  • 8 Answers
  • 1 First Answer
  • 4 Useful Answers
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About Me
I am a proud Colorado Native and love the quality of life Colorado Springs has to offer and am committed to its future. The most important part of my life is my family. My wife, Alison (also a Colorado Native) swept me off my feet the first time I met her…on the soccer field! To this day, we both continue to play soccer as well as enjoy the great outdoor activities Colorado has to offer. We have two wonderful sons and are “doting” parents.

I have been a licensed REALTOR for ERA Shields since 1998. During this time I have held various management positions, Managing Broker at ERA Shields Broadmoor office, Vice President of Operations, Marketing Director, Technology Manager and Relocation Director.

Having grown-up in Colorado Springs, I believe my knowledge of the city combined with my real estate experience and caring nature allows me to deliver the service you want and expect. When not spending time with my family or working with clients, I stay busy as an active member of the Colorado Springs community. I am a Major Investor for the Greater Colorado Springs Economic Development Corporation, Past-President for the University Club at UCCS, Past-President of the ERA Colorado Broker Council and coach high school soccer at my alma mater.
Testimonials
""Couldn't say enough great things about Eddie; great communication before and after the sale.""
The Spalloni Family Thu Sep 18
"Eddie Hurt was wonderful. He paid close attention and listened to my needs. He was patient throughout my house hunting processand always had information on the homes we would be viewing. Very knowledgeable and organized. And he followed up after closing."
Ms. Hereth 
"Always available."
Sergeant Major Lisbon 
"Eddie was always friendly, helpful and presenting new creative marketing ideas. The service he provided was more than we could have asked for."
The Flowers 
"Eddie was aweome! He anticipated our needs and had solutions ready. Best real estate transaction I have ever had."
The Nash Family 
My Q&A View all >>
Eddie Hurt's Questions (0)
Eddie Hurt's Answers (8)
Eddie Hurt answered:
Scott;
I think you can see you've hit a "touchy" spot regarding the paying of commission and Agency Law. Your question was "How would you approach the commission for the REALTOR?

I think most of the answers you've read are mostly right. To start, I would ask the potential buyer if he/she has an Agency Agreement with their agent. If they do, then the buyer most likely is obligated to ensure their agent gets paid (by you or by them). If this is the case, then you may want to consider the amount of the commission in your negotiations.

If the buyer does not have a written agreement with their REALTOR than I would ask them, if they plan to work through their REALTOR or would they be willing to work directly with you. Obviously, going this route your hope would be to save some money, but I would caution you it is very difficult for 2 unrepresented parties to conduct a real estate transaction, so at some point you will probably need to speak with a Real Estate attorney or hire an agent.

Hope this helps. - Wed Sep 24 2008, 07:19
Eddie Hurt answered:
Great question. Unfortunately, it seems the homes priced under $350k are the one's moving realtively well. Above $350K in your area as well as Northgate is very slow with lots of competition. With that said, if you must sell, you must be the best value. To determine this, look at the recent solds in your area as well as your current competition. How does your home compete? If you are number 3 or 23, you need to improve your homes value and there are several ways to do this and your REALTOR can help you with this. - Thu Jul 17 2008, 07:32
Eddie Hurt answered:
As many of the other postings have said, be careful on pricing a home based on the Assessor's Office and/or Zillow. Neither of these take into account condition, upgrades, actual location (backs to a train track, or backs to Open Space, etc...) and Zillow does not credit sellers for a finished basment. Because buying a house is more than just numbers, it is very difficult to get a "true & accurate" perception of a home via the internet and is why your homefinding visit with your agent will be greatly beneficial to you. The interent is a great tool to ensure your homefiding tour is productive as you can eliminate many homes that do not meet your criteria. Also, in the current Colorado Springs market, many sellers are not able to sell their home for less than they are asking which in reality means their home is most likely not saleable. - Wed May 21 2008, 08:34
Eddie Hurt answered:
Actually, the info I have received from most of the largest property managers in Colorado Springs is that the local rental market for homes is fantastic. At a recent meeting most reproted they had little or no vacancies and that their onthly rental rates are up. I believe the southern part of town is hotter then the north side simply due the number of new soldiers beginning to arrive at Ft Carson who will not be buying since they only have a year or two left here.

Also, the issues buyers have been having with your property's proximity to Acadmey & Briargate will also be a concern for renters. My advice would be to improve your listing price if you can. If not, you may want to try and rent it until our local real estate market really apprecaites enough to where you can afford to sell. - Wed May 7 2008, 08:20
Eddie Hurt answered:
Becky;
If you send to me the zip code where you are wanting to buy I can check to see if the lenders I recommend consider it a declining market. There are very few declining markets in Colorado Springs.

Also, it is a great time to be a buyer in the Colorado Springs market; inventory is high but level, mortgage rates are excellent and currently buyers are somewhat scarce. What this all means to you is that is seems are market is at or near its bottom, you have great buying power with the low mortgage rates and you have fantastic clout as a buyer. The old axiom "buy low and sell high" is absolutley correct.

One word of caution is with new developments. New developments offer great opportunities IF you get a great deal. If you overpay in a new home development, you are at great risk as you will be competing with them in 2011 when you plan to sell. Please contact me with any questions. - Wed Apr 30 2008, 08:57
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Specialties
Residential real estate in Colorado Springs including the northwest part of the city.
Experience
Latest:
Real Estate Broker for ERA Shields Real Estate
July 1998—present
Previous:
Managing Broker for ERA Shields Real Estate
January 2005—March 2007
Certifications & Awards
2001-2007 - Top 15 Company for ERA
2007 - Jim Jackson "First in Service" Award for ERA
Interests
I love spending time with my family in the outdoors; skiing, camping, 4-wheeling, soccer & volleyball.
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