So often we get hung up on past sales when we are pricing property and of course that is an important thing to consider. But when buyers are shopping for property they are aren’t paying attention to past sales. The only thing on their mind is this, “What is available to buy right now?” Before we decide on a final list price for our listings we pretend to be the buyer for that type of home and we go tour other similar properties and see how they compare to ours. And it’s important to physically look at these homes instead of just flipping through pics because that’s what your buyers will be doing. This strategy often provides excellent insights into what the market is doing right now. Not what it was doing 6 months or a year ago. And in this low inventory market after going through this exercise we often find ourselves saying “wow there is nothing like this property available right now.”
Be aware that a portion of highway 287 will be re-routed started in 2023 due to the construction of Glade Reservoir. If you are looking for acreage in North Fort Collins it’s important to understand the new location of the highway and how it might affect your property.
Don't be afraid to rent your home - look for high credit score tenants
Zillow takes aim at Fort Collins with billions in buying power
Be aware and spread the word that Zillow is buying up homes in Fort Collins as fast as they can. They have more than enough buying power to manipulate our market and make already unaffordable housing even more expensive for Fort Collins residents.
Young people and low down payment buyers can succeed in this market
Young people and low down payment buyers can be successful in this market. It takes time, planning and often off-market property location but it can be done! 😀 Do you guys know what the minimum down payment is for a home
Talking to neighbors is an important due diligence item when buying a house
Talking to neighbors and tenants is the most under rated due diligence item of all time. We’ve learned about everything from undisclosed flooding to gang activity but the most common complaint we hear is about their burning hatred for a dysfunctional HOA. 😝 This is especially true of condo and townhome associations. One time I was walking through a condo parking lot with my buyers after a showing and asked a neighbor how she liked the complex and if she felt the HOA was well managed. She paused for a second and said, “You all should probably come in for coffee.” 😳
About to meet with a buyer at a home we found off market. The exact neighborhood and property type he was looking for. Home never would have hit the market. Zillow and the MLS should not be your only source for finding property. If you know of a buyer preparing to buy, please mention this strategy.
Furnished month to month rentals alleviating stress for our buyers
Don’t be under the gun when transitioning between homes. Put your stuff in storage and line up a furnished rental where you can pay 30 days at a time with no contracts. We have a list of companies that provide these properties. Reach out if you need them.
High quality, narrated video helps get fast, top dollar sales
Narrated video increases your traffic on Zillow and allows us to present your home beautifully and demonstrate its unique features to a huge number of people in a short period of time which is the name of the game for getting fast, top dollar sales.
Lots of news headlines calling this market a bubble, but where's the evidence?
Lots of click bait headlines being written about the market being in bubble but the evidence is thin at best. Just because the market has cooled slightly doesn’t mean this is a bursting bubble. Inventory must go up for prices to come down and our inventory is lower than ever.
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