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If you're considering listing your home for sale, it's very likely that you've come across websites such as Zillow, Trulia, eAppraisal and others advertising "home estimates". While these ad-based websites are "fun" to look at, they tend to not be very accurate and end up causing a great deal of confusion in the marketplace. Why? Mostly because they are not real estate websites, nor do they employ real estate agents or REALTORS. Simply put, these are nothing more than lead-generation websites who sell your personal information to hungry real estate agents and mortgage lenders for a hefty fee. Therefore, seller's who are seriously considering listing & selling their property need to have accurate information based on real-time and updated MLS data analyzed by a expert who knows the area to ensure you can sell at top-market value and not some random person who paid the most to get the lead. "All Real Estate is Local" and you don't really know what the true value of your home in today's fast-changing marketplace until you request a complimentary Market Equity Analysis or Market Snapshot. This service is provided by RE/MAX Alliance REALTOR Anthony Rael and allows you to compare the most current market activity including Active Listings, Under Contract Listings (aka Pending) and more importantly, SOLD properties in your immediate area. Additionally, my analysis dives deeper than just price because most other websites fail to provide additional context that provides a deeper understanding of the transaction. Home appreciation in many Denver area communities have been skyrocketing the past seven + years as severe inventory shortages were being driven by extremely high buyer demand due to historically low mortgage interest rates. Combined, they pushed housing prices upwards in unimaginable ways! At one point during the frenzy between 2020-2022 ("the Covid years") it was common for listings to sell $10,000 to $400,000 over the list price (...no that's not a typo) and buyers had to be extremely aggressive with their contract terms with offering things such as "appraisal gaps", limited inspections or even waiving them (really bad idea), appraisal waivers, non-refundable earnest money, ultra-fast closings between 14-21 days and offering sellers the flexibility to remain in the home post-closing (rent-free) up to 60-days. It was truly unprecedented. Let's have coffee and I'll share more about Denver's fast-changing market so you're prepared with all the right tools. Entering spring 2025, consumers are wondering if this is a seller's market or a buyer's market? My answer is YES to both! Much of what's currently happening is a combination of several dynamic factors so consequently there's no way to answer this question without first knowing what your housing goals and objectives are. It's a complicated real estate market and more than ever you need someone to protect your interests. REMAX Alliance offers full-service brokerage options designed to help sellers maximize the equity in their property. We help sellers throughout the Denver metro area including including Arvada, Aurora, Boulder, Brighton, Broomfield, Castle Rock, Denver, Golden, Highlands Ranch, Lakewood, Littleton, Parker, Thornton, Westminster, Adams County, Arapahoe County, Denver County, Douglas County & Jefferson County. Simply enter the property address of your choice and as much information about the property as possible. The Neighborhood Valuation tools will return, on average, the twenty nearest and most recently sold properties. Evaluate and select the comparable properties that most closely match your subject property and the RE/MAX tools will provide you with home sales trends, school information, neighborhood data, and much more! If you're interested in having a candid conversation to learn more about how this ever-changing market impacts your ability to sell, give us a call at 303/520.3179.
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