Tips For Selling You Home In A Seller's Market

When there are more people looking for homes than the number of homes available for sale, you have a hot market or a seller's market. Putting your house on the market in the Denver metro area can result in multiple offers especially if you are priced under 350K and/or in a desirable location. You may also get above asking price but before you start humming the classic O'Jays' song; Money, Money, Money, Monnnn....nay....MONNAY, be sure to keep these tips in mind.

Resist The Urge To Overprice Your Home
Most buyers will have their agent do a comparative market analysis before submitting an offer. If your property is overpriced, that can be a deterrent for potential showings and offers.  Second, your home has to appraise for the list price. That might not be a problem for cash buyers but can be for buyers who are financing the home purchase and can not cover the difference between the appraised and selling price.

Be Prepared To Act & Move Quickly: Hot markets can produce cash offers & multiple offers. Sellers should be available to review offers within 24 hours of receiving them. Accepting a cash offer can reduce closing time dramatically. Have a seller's contingency plan in place or be ready to move before closing which could be as soon as two weeks.

Beware of the "Perfect Offer"
To get your house under contract, a buyer may make claims/promises they cannot keep. As your agent, I will do my due diligence to ensure the solidity of the buyer's offer.

When buying or selling a home in the Denver metro area, contact Delilah,

 and let me put my knowledge, experience, expertise, and professionalism to work for you. 

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Tips For Selling You Home In A Seller's Market