I have been a Realtor in Greeley, Colorado since 2001. I have helped many people sell hundreds of homes over the years. It takes an agent who knows the local market well to get seller’s the most money while still selling their house quickly. Some people want to save money by not using agents, but many times can actually cost them much more than the money they save.
What is unique about the Greeley real estate market?
Greeley is a great town with a thriving economy and robust housing market. Over the last few years Greeley went from having one of the highest foreclosure rates in the country with a lot of inventory, to an extremely tight housing market with very little inventory.
It is hard for buyers to find homes right now and that means sellers can ask for higher prices. Many people had a hard time selling their home three years ago because of all the foreclosures and short sales they had to compete against. Now those distressed sales are few and far between. It is much easier for a seller to get top dollar for their home in a very short period of time.
Why has Greeley’s housing market recovered so quickly?
Most of the country has seen an increase in housing prices in the last two years. The increase in prices is due to a decrease in foreclosures and lack of building in the last 5-10 years. Building basically stopped, because they could not compete with the foreclosures. Now that the foreclosures are gone we have a shortage of houses.
Greeley and Weld county have also seen an oil and gas boom in the area. High paying Jobs have brought in many new people who need a place to live. Greeley’s rental market is extremely tight with less than 2% vacant rates. Many people are also buying houses, which has decreased the inventory even more.
What are the most important things to consider when selling a house in Greeley?
Just like most towns, Greeley has unique neighborhoods with unique features. It is very important that sellers use an expert to help them get the most money they can for their home. A local Realtor can help sellers with the entire selling process; repairing minor maintenance issues, pricing, staging, marketing and negotiating.
A seller has to consider many things when selling a home. If you live in your home there is a good chance it has some wear an year just like all of our homes. A big question is how much has to be fixed in order to sell your home. We have a lot of experience helping people figure what will get the the biggest bang for the buck.
How can a local Realtor help you price your home in Greeley?
Pricing a home to sell quickly, but still get the most money for the seller is an art. You don’t want to price a home too high, because that will scare off buyers and stigmatize the house. You don’t want to price a home too low because the seller is leaving money on the table.
It is not easy to value a home and i would would not trust Zillow values as they can be way off. A Realtor has access to sold comparables and experience valuing properties. The Ferguson Team at Pro Realty and has over 84 years of experience in Greeley real estate. We have found the perfect price will generate an acceptable offer in about three weeks. I am not sure why this is, but national statistics also show most houses go under contract at about three weeks on the market.
Use a Realtor to help you sell your home in Greeley
We have a number of people on our team who would love to help you sell you home or help you buy a home as well.We have 9 people on our team and each person has unique talents and real estate skills. Give us a call or email is and we will be happy to provide a free market evaluation on your home.