Fall is here and we are seeing an increasingly seasonal slowdown in the Denver Metro home market. Showings are slowing down, mortgage rates have risen, Sellers are reducing prices, Buyers are escalating demands during the inspection process, and many Buyers now want turn key properties so they can move in and live to their expectations. Overall, the home market is good year over year. As a Seller or Buyer, be prepared.
With an increased seasonal slowdown in the Denver home market, Sellers need to be aware what should be done so that Buyers will keep the Seller’s home within their desire to buy. Keep in mind that curb appeal entices the Buyers to see more and is known as the first impression. Next, remember to declutter and stage rooms for a purpose. Pay attention to details and light up the home by cleaning and adding LED lightbulbs. Always remember that as a Seller you need to leave a great lasting impression on all Buyers when they are shown your home.
Buyer’s priority upgrades include: kitchen, bathroom, flooring, master suite, HVAC, closet renovation, and insulation.
Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, and a conversation on how the market functions. As such, the homeowner looking to sell a home needs a professional, who is market knowledgeable, and can assist in the Professional plan to sell one’s home. Now is the time to reach out to a Professional more than ever in recent history.