Announcing the release of the report about changing market conditions in 2022, the Colorado Exclusive Buyers Agent Association has advised homebuyers that decreasing prices requires the expertise of a buyer’s agent more than ever. As the time it takes to sell a home in Colorado increases, sellers may be willing to negotiate on price. As a result, exclusive buyer-side agents can help aspiring homeowners make better offers and close faster. A recent Vestera real estate radio show is dedicated to this topic.
Interested parties can find out more at https://homebuyerscolorado.org/seasonal-adjustments-in-real-estate-market/
This announcement comes at a time when the housing market in Colorado is seeing fewer bidding wars. Longer time on market indicates that sellers need to be patient and more willing to negotiate. The Colorado Exclusive Buyers Association believes that dedicated buyers agents who represent only buyers can play a crucial role in making the homeownership process smoother for first-time homebuyers and investors.
Real estate pricing, availability, and investment potential are influenced by several factors. Four factors stand out when examining the variables that have an impact on residential and commercial real estate: governmental regulations, socioeconomic factors, demographics, and technology.
The report and radio show commentary indicates that for any area in the US, there are ten times as many agents as there are listings. Selling a home is more difficult now than it has been in the past due to rising interest rates and widespread inflation.
The Home Buyers Colorado Association website is operated by Skyfor, Inc., formed in 1998 to provide real estate consumer education and services. The association is dedicated to giving potential homebuyers access to the best real estate agents and the resources to select them. Homebuyers can now search for the top buyers’ agents for any location within the state of Colorado.
Consumers and their staff periodically rate and review their agents. The national site, National Buyers Agents Association, is also managed by Skyfor, also offers buyers hand-selected agents for any location in the US.
A spokesperson for the association said: “If you’re trying to invest or develop, knowing what to look for and how to use it to your advantage could save you time and money. To find good deals on homes in this declining market, a highly specialized agent who is 100% devoted to buyers is essential. An exclusive and trustworthy kind of estate agent is needed now more than ever. A good real estate agent will partner with their client to guide and protect them so they will overpay in this changing market.”
Colorado Exclusive Buyer Agents Association
4450 Arapahoe Avenue
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Edition Biz journalist was involved in the writing and production of this article.