The age of a listing does have an impact on the sale price of a home. You can get some leverage when making an offer on a property that’s been on the market for a long time.

A lot of times when we go out and look at properties my client’s ask, the very 1st question is, ‘Well how long has this been on the market?’ I’m sure common sense would tell you, that’s because they want to know if the seller is really motivated to sell the property. And that’s right! If the property has been on the market for a very long time, there’s a good chance that it’s overpriced or there’s something wrong with it.

In fact, if you look at the average sales trends, if a property isn’t under contract and sold within the first 2 months, maybe 3 months at the most, then there’s probably something wrong with it.

It’s either:

• overpriced
• something’s wrong with the condition
• it’s a floor plan that’s very unique

Except for that last item, the first 2, give a buyer leverage to purchase the house at a discounted price. What you need is a buyer’s agent that’s willing to negotiate that for you and understands how to leverage that point. If a seller really wants to sell their home and it is overpriced or been on the market too long, there’s a lot of work we can do to determine the fair market value and other terms that may be important to the seller. If a property has been on the market longer than 60 days and certainly longer than 90 days, then you definitely, as a buyer, have some leverage to purchase that property at somewhat of a discount. Maybe even an extreme discount depending on the situation.

The only way to find out how old the property is, how long it’s been on the market, is to ask your buyer’s agent, because this information is not publicly available. Unless, of course, you’ve been watching the property on the internet for weeks or months now. The only way to find out the newest and freshest listings as well as finding out any price reductions of existing listings is to visit www.EasyDenverHomeSearch.com.

On www.EasyDenverHomeSearch.com

• you can search by map
• you can search by city
• you can search by the best places to live in Denver
• you’ll get the listings as they come on the market

You can also sign up for your E-mail alert service, then we E-mail you every day, if the price changes, or new listings of properties or neighborhoods that you’re interested in.

You can also contact me directly at (303-526-2606) or send me an E-mail:  Sam [at] SamWilsonGroup.com and we’ll set you up with a buyer agent to get you started on your search and make it a lot easier for you to find the home that you want.

Until next time

The Secrets To Finding Denver Area HUD Homes Before Anybody Else

Did you know that there’s about 700 Denver area HUD homes on the market available for sale at any one time? And that they close about 350 of them every single month!

• How do you find them?
• How do you get on the inside track?
• How do you know when they come on the market?
• How do you beat other people to find these very competitive homes?

It’s really pretty easy! All you need to do is get your exclusive access, through my website: www.EasyDenverHomeSearch.com

Now I’m sure you’ve seen lots of internet advertising for lists that other people are selling. They’re called foreclosure list, or HUD list. And people are charging hundreds of dollars for them.

You don’t have to do that! You can get your free, absolutely free, list by just signing up through www.EasyDenverHomeSearch.com and I’ll start sending you HUD and foreclosure listings as they come on the market every single day.

That’s what you need. You need an agent who’s an authorized HUD agent that can help you purchase the properties but can give you access to find the listings as they become available.

So, if that’s something you’re interested in? Get over to www.EasyDenverHomeSearch.com today! And get signed up for your free daily list of these properties. Then once you find properties that are of interest to you, I’d be happy to take you out and share you these properties so that you can make bids on them before others can get to them.

It’s important to know that HUD properties have deadlines to make offers. And I don’t know if you’re aware, but, there’s 2 categories of purchasers for HUD homes.

The 1st one is:
Owner occupied purchasers

And that’s probably you if you’re watching this video. And you need to know that there are very strict deadlines within the first 1-2 weeks of the property coming on the market that you have to meet or you will be left out of the bidding process.

After the 1st bidding deadline for owner occupants, they open it up to

Investor buyers

And then it gets more competitive and much harder for a normal owner occupied purchaser to get a hold of these properties.

So, 1st you need to find the listings the minute they come on the market. Then, you need to be ready to act on them. And I can help you with that as well.

But, for your free exclusive list of HUD homes every single day, simply go to www.EasyDenverHomeSearch.com right now! Sign up! It’s a very easy form. And you’ll begin to receive your listings within the next day or so.

Until Next Time -