Real Estate is Changing & I Need to Sell My House Fast
The real estate market is constantly changing, affected by factors such as the economy, government policies, demographic shifts, and technological advancements. Here are some ways the real estate market may change and tips on how to sell your house fast.
Increased demand for affordable housing
Housing affordability has become a major issue in many cities and regions. As a result, there may be greater demand for affordable housing solutions, such as micro-apartments, co-housing communities, or shared housing arrangements. Developers and investors who can offer affordable housing options may see increased demand and growth opportunities. If you have a house that meets these criteria, it could offer an advantage in the market and allow you to sell quickly. According to Zillow, the average Denver home value is $556,165, and the pending status is around 28 days. Houses in this price range may do better on the open market because of the affordability.
Emphasis on sustainability and green living
As more people become aware of environmental issues, the real estate market may emphasize sustainability and eco-friendliness. Buildings and homes with green features like solar panels, energy-efficient appliances, and green roofs may become more popular and sought-after. If you still ask yourself how to sell my house fast, consider upgrading to include some of these features. Much like a remodel, sustainability will also hold value and help your home to stand out against the competition.
Rise of remote work and flexible living
The COVID-19 pandemic has accelerated the trend of remote work, and many workers may continue to work from home or have flexible work arrangements even after the pandemic. This may increase demand for homes with designated home office spaces or properties outside city centers. Homes with AUD’s (Accessory Dwelling Unit) add value to your home and help you sell your house quickly. They allow for flexible living, like caring for an elderly parent, adult child, create passive income or additional workspace. According to United Dwelling, an ADU can improve the value of your home by up to 30% and in some places, resale value added more than 50%.
Greater use of technology
Real estate technology is rapidly evolving, and new tools and platforms are emerging that make it easier for buyers, sellers, and investors to connect and transact. For example, virtual and augmented reality tools can help buyers tour properties remotely, while blockchain technology can help streamline the transaction process.
There is also a shift toward digital and social media marketing: Real estate marketers increasingly focus on digital and social media marketing as more people spend time online. In Denver, we may see more real estate agents and developers using social media platforms like Instagram, Facebook, and LinkedIn to showcase properties and connect with potential buyers. If you are trying to sell your house fast, consider posting your home on social media to gain more exposure.
Demographic shifts
As the population ages, the real estate market may see an increased demand for retirement communities, senior housing, and assisted living facilities. At the same time, younger generations may be more interested in shared living arrangements, co-housing communities, and other alternative housing solutions.
Overall, the real estate market is likely to continue evolving and changing in response to a wide range of economic, social, and technological factors. Investors and industry professionals who stay informed about these trends and are able to adapt to changing market conditions may be better positioned to succeed in the long run.
How do I sell my house fast?
2023 is a different market than the last 13 years. In Denver we are experiencing higher interest rates, low inventory, and home prices that are still inflated from 2020. Selling a house can be stressful when all you want is the most money in your pocket so you can relax and enjoy your life. So what does that look like now? More people are avoiding real estate agents altogether in their transactions. Alternative solutions are much easier to find with the world’s knowledge at your fingertips, and as with other industries, a new option has emerged for buyers and sellers. So read on as we explore three ways the real estate market is changing in Denver. According to Redfin, the Denver housing market is still competitive but home prices are down and days on the market are up.
How much time do you have to sell your house?
Speed
Speed isn’t typically something that comes to mind when considering hiring an agent to sell your home, and they can’t guarantee a sale or promise the closing date. Yet, technology allows for nearly instantaneous fulfillment of orders and has increased the demand for processing speedy transactions and changed the mindset of consumers. One of the ways the real estate market is changing in Denver for sellers is in how professional investors like those at Dragonfly Investment and Development work with a full-service in-house team of industry specialists, including every pro needed to close your deal within days. For sellers, the professional cash buyers at Dragonfly Investment and Development offer guaranteed closings, and you can work with us to pick the best day for your move. For buyers, the professional investors at Dragonfly Investment and Development have built vast connections within the local Denver real estate industry over the years, providing real estate investors with the scoop on great deals. If you are still wondering if you can, ‘sell my house fast’, the answer is yes!
How much money can you put into selling my house fast?
Expenses
When you think about how to sell your house, you need to consider expenses. Another way the real estate market is changing in Denver is in the standard costs of listing with an agent, which now must include high-quality digital photography, drone footage for virtual tours, and professional stager services, to name a few.
On the other hand, professional investors like those at Dragonfly Investment and Development won’t list your property, so there’s no need to spend money out-of-pocket when you sell directly, and you won’t pay any commissions or closing costs. Instead, the professional investors at Dragonfly Investment and Development work with the most highly regarded skilled tradespeople in Denver to assess the property and provide realistic numbers for comparing available investment properties to earn the highest returns on your investment.
Let us do the work for you! We are the pros of ‘sell my house fast’ companies.
Convenience
Another one of the ways the real estate market is changing in Denver is in the convenience offered through alternative options, such as a cash house buyers to a local professional investor like those at Dragonfly Investment and Development. With a cash sale, you don’t even need to worry about making repairs; the professional investors at Dragonfly Investment and Development buy homes as-is. You can skip the headaches of showings or keeping your home picture-perfect at all times. The professional investors at Dragonfly Investment and Development will provide the information you need to decide if listing or selling directly is best for you. You’ll have a comparison of the amount you could earn from listing vs. the fair offer for a direct sale; sharing the details so you understand how we reached our number. A professional investor at Dragonfly Investment and Development will tell you if a listing is better for you. The professional investors and the team at Dragonfly Investment and Development believe in total transparency because we want you to feel good about working with us long after the closing, whether you’re buying or selling real estate in Denver.
The real estate market is changing in Denver, and the professional buyers at Dragonfly Investment and Development are ready to help you navigate the ever-evolving real estate market while saving you time, energy, and money. The professional buyers and their team at Dragonfly Investment and Development are your neighbors who live and work here in Denver and are proud of our work, improving our community, and helping people overcome hurdles. The professional investors at Dragonfly Investment and Development make buying, selling, and even managing real estate holdings easy with our property management team. Call Dragonfly Investment and Development at (720) 263-0121.