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Michael Labout

Colorado Springs, CO
ERA Shields Real Estate
69 Closed Sales
$45.3M Total Value
$120K - $6.2M Price Range
$707.1K Average Price
Prior five years

About Michael

Michael is an ERA Shields Real Estate expert in Colorado Springs, Colorado, and a leader in the Real Estate industry providing home buyers and sellers with professional, responsive, and attentive real estate services. He is known for his ability to listen to what his clients want in a home and effectively and professionally market their properties for sale.

Michael has been a residential REALTOR since 1983 in Colorado Springs, Colorado and has been with ERA Shields Real Estate as a top-producing agent since 1986 and is the Branch Broker for the North main office. He believes in giving back to his Associations and profession and has served as a Director and President / Chairman of the Board of the Pikes Peak Association of REALTORS in Colorado and numerous positions such as a Director, Vice-President, State Treasurer and was President of the Colorado Association of REALTORS in 2006. He served as an Officer for the National Association of REALTORS in 2016 as Vice President and a member of the Leadership Team and the Board of Directors and is a graduate of the NAR Leadership Academy.

He is a member of the REALTOR Land Institute, holds the CIPS, CRS, CSP, e-PRO, GRI & GREEN designations and the C2EX Endorsement. He was involved from the beginning and Chaired the C2EX Committee in 2018 when the platform was launched. Recognized by the Colorado Springs Business Journal as one of the Top 25 Most Influential People in Colorado Springs Real Estate and by Broker Associate Magazine as Broker of the Month.

In 2007, Michael was honored as REALTOR of the Year for PPAR and in 2009 he was chosen and recognized as REALTOR of the Year for the Colorado Association of REALTORS, the most prestigious award given by the State Association. Other honors include two-tier RPAC Hall of Fame member, Golden R, Presidents Circle, REALTOR Emeritus, Omega Tau Rou and RLI APEX Producers Award.

He has represented numerous production and custom builders as a Marketing Director and is an expert in New Construction. Married to wife Laurie for 40 years, Michael and Laurie have sponsored numerous cadets for the USAF Academy. Their passion is travel and following and attending Formula 1 and Open Wheel Indy Car racing events all over the world.
Home Types: Other, House, Condo, MultiFamily, Townhouse
Years of Experience: 42

Transaction History

Seller Deals

Total Deals
8
Total Value
$4,670,900
Average Sale Price
$583,863
Price Range
$385K - $1.1M

Buyer Deals

Total Deals
3
Total Value
$1,460,833
Average Sale Price
$486,944
Price Range
$305K - $828K

Seller Deals

Total Deals
11
Total Value
$6,375,900
Average Sale Price
$579,627
Price Range
$385K - $1.1M

Buyer Deals

Total Deals
10
Total Value
$4,894,833
Average Sale Price
$489,483
Price Range
$305K - $828K

Seller Deals

Total Deals
37
Total Value
$31,257,035
Average Sale Price
$868,251
Price Range
$120K - $6.2M

Buyer Deals

Total Deals
27
Total Value
$25,075,633
Average Sale Price
$928,727
Price Range
$300K - $6.2M

Production Over Time

5 Year View

Michael's Listings and Deals

Awards and Designations

  • 2007 REALTOR® of the Year
  • 2009 Colorado REALTOR® of the Year
  • Certified Residential Specialist
  • Graduate REALTOR Institute
  • National Association of REALTORS
  • ePRO Internet Professional
  • Green Designation
  • Short Sale Foreclosure Resource

Other Experience

Distressed Properties, First Time Home Buyers, Luxury Homes, Military Families, New Construction, Senior Communities, Veteran Programs
Agent License #999435
Agent Photo

Michael Labout