Denver, Colorado real estate agents are seeing multiple offers, offers over list price, and homes going under contract in hours or days.
The last year has been pretty crazy for the Denver real estate market. So much so that real estate agents in Denver are making adjustments to their business model. Even in a seller’s market, it is in the best interest of the seller to not only market a home the same you would when it is a buyer’s market but also not just take the first offer. These two reasons go hand in hand.
The reason it is important to hire a real estate agent that understands the market and has the ability to juggle multiple offers to leverage your negotiations in the best way possible. Real estate agents across Denver are handling the situation of multiple offers wrong and leaving money on the table for their sellers. One of the agents at Orson Hill Realty had a listing in Denver that received 75 offers and the home went for $125K over list price. The agent did that by leveraging the offers against each other. A perfectly legal and appropriate way to assure our clients do not leave any money on the table. The deal closed and all parties were very happy.
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