Due to the pain of maintaining a staged home during family holiday events, the decrease in demand, and the overall end-of-year stress, selling a home this time of year presents many challenges. Therefore, people who list their house during this time of year generally have an immediate need to sell their home. Whether it is a major life-changing event or a change in financial situation, sellers are motivated to sell.
High seller motivation presents new opportunities for buyers. Megan Aller, Senior Data Analyst at 1st American Title, explains, “As a buyer, you have a chance to negotiate with motivated sellers right now to get that seller concession, to get that rate buydown, to get inspection items covered and cleared up.” Aller continues, “This is especially true for move-up home buyers. Currently, there are more homes listed in that $1 million to $1.5 million range. This gives buyers even more negotiating power.”
To take advantage of the opportunities this time of year, consult a trusted real estate agent for both buyers and sellers. Buyer agents can help negotiate seller concessions, and seller agents can help sell that home in a challenging market.
For more information on market data and house titles, please contact:
First American Title - Greater Metro Denver
If you have any questions about selling or buying a home, don’t hesitate to contact Chadwick V.R. Williams at Denver Real Estate Professionals. We are happy to be a free resource for all your Colorado real estate needs.
Chadwick V. R. Williams, SRES, CRS, GRI, SRS, Luxury Certified
Broker | REALTOR® | Property Manager