Evergreen, CO Realtor Located in the Denver Foothills
Real Estate Market in Evergreen, CO with Dan Skelly and Orson Hill Realty
As a seasoned Realtor based in Evergreen, CO, Dan Skelly of Orson Hill Realty is frequently approached with queries about the dynamic real estate market in the Denver Foothills. Homeowners are eager to understand the value of their homes and the health of the market. They are thrilled to hear about the booming real estate market, characterized by short days on the market and closing prices close to 97% of the list price. However, the excitement is often tempered by a common fear – the fear of not finding a new home in the Denver Foothills due to record low inventory.
Understanding the Denver Foothills Real Estate Market
The Denver Foothills real estate market is a unique and vibrant one. With its close proximity to the city and the allure of mountain living, it attracts a diverse range of buyers. The market is characterized by high demand and low inventory, creating a competitive environment for buyers and sellers alike.
In such a market, homes sell quickly, often closing at prices close to the list price. This is great news for sellers, but it also raises a common concern – will they be able to find a new home in the Denver Foothills once they sell their current one? With inventory at record lows, this is a valid concern. However, it’s important to remember that new listings come on the market regularly, and with the right strategy and guidance, finding a new home is entirely possible.
The Fear of Being “Homeless”
The idea of being “homeless” can indeed instill fear in potential sellers. But is this fear justified? The answer is both yes and no. While the market has seen some buyers either give up or pause their search due to the competitive landscape, sellers can still find a suitable home that meets most of their needs. Even in a market with abundant inventory, the notion of a “perfect” home is elusive.
This fear, while understandable, can often be mitigated with the right approach and guidance. It’s important for sellers to remember that while their home may sell quickly, they also have the opportunity to find a new home that meets their needs. With patience, flexibility, and the right Realtor by their side, sellers can navigate this market successfully.
The Role of an Experienced Realtor
In such a market, the importance of hiring an experienced Realtor like Dan Skelly of Orson Hill Realty cannot be overstated. A seasoned Realtor can help you navigate the challenges of finding the right home at the right price. In a market like this, people often make hasty decisions and overpay for homes due to the fear of missing out on the “perfect” home. However, as we’ve established, there’s no such thing as a perfect home, and this fear is merely an illusion fueled by irrational negotiations.
Dan Skelly brings years of experience and a deep understanding of the Denver Foothills real estate market to his role as a Realtor. He understands the unique dynamics of this market and can guide sellers through the process, helping them to make informed decisions and avoid common pitfalls.
Negotiating in a Seller’s Market
In a seller’s market, the negotiation process can be emotionally charged. Sellers, worried about their under-contract home, often feel they are in a weaker negotiating position. However, this is not necessarily the case. While many buyers today don’t have the contingency of selling their home in the contract, many still need to sell their current home to purchase another. Once your home gets through inspection objections, your ability to negotiate is significantly strengthened, and your offer becomes much more solid.
Dan Skelly’s expertise in negotiation can be invaluable in such a market. He understands the dynamics at play and can guide sellers through the negotiation process, helping them to secure the best possible outcome.
Don’t Fear, Sell and Buy!
If you’re worried about selling your home and finding a new one to buy, don’t be! The market has enough inventory for you to sell your Denver Foothills home and still find another great home in the area to buy. With the right Realtor like Dan Skelly at Orson Hill Realty, you can navigate the challenges of the market, sell your home quickly, and find a new home that suits your needs. So, list your home, find your place to purchase, and embrace the opportunities that our market has to offer.
Navigating the Denver Foothills real estate market can be a complex process, but with the right guidance and support, it can also be a rewarding one. Whether you’re looking to sell your current home or find a new one, Dan Skelly and Orson Hill Realty are here to help. With their deep market knowledge and commitment to client service, they can guide you through the process, helping you to achieve your real estate goals.
As a Realtor in Evergreen, CO I am called and approached very frequently about the crazy real estate market here. People always want to know what their home is worth. They always want to know how healthy the market is. They are excited when I tell them the real estate market is certainly booming. We are having short days on market and closing close to 97% of list price. The only problem they see is since this is the case and inventory is still at record lows, they have the same fear as many that they will not find a home to move into in the Denver Foothills. This may or may not be the case. The idea of being “homeless” does put fear into many possible sellers but is this fear just an over reaction? Well yes and no. We have seen the buyers start to either give up or stop looking for now. A seller will see their home sell fast (as long as they have the right Evergreen, CO Realtor that knows how to market the property) in this market. They will also most likely have enough time to find a nice home that fits most of their needs. Even in a market with abundant inventory there is no such thing as the perfect home.
When one is listing their home for sale they always have a possibility to not be able to find the perfect home to move into. It is much harder in our current market but it is still very possible to do. The best bet is to hire an experienced Realtor that can help you navigate through the challenges of finding the right home at the right price. This kind of market makes people make hasty knee jerk decisions to over pay for homes. People feel like they are going to miss out on the perfect home. Since we have already established there is no such thing as the perfect home we can say this is just an illusion that buyer and sellers feed by being irrational in their negotiations. That is why I am here. A transaction in a normal market is emotional enough but if you add the fact people are worried about their home that they are selling that is already under contract, it makes them believe they are in a weaker negotiating position. That is simply not true. Although there are many buyers these days that don’t have the contingency of selling their home in the contract, many still do need to sell their current home to purchase another. Your ability to negotiate is greatly strengthened and your offer is much more solid after your home you are selling gets through inspection objections.
So if you are worried about selling your home and finding a place to buy, don’t be! List your home and find your place to purchase because our market has enough inventory for you to sell your Denver Foothills home and still find another great home in the area to buy.
