A Modern Solution to Low Inventory

February 2021 Newsletter

As we enter the second month of 2021, Colorado’s real estate market is behaving exactly as predicted. The number of active listings and days to sell continues to fall, creating incredible scenarios in which listings receive several offers, sell within days, and for significantly more than listing price.

 

There’s absolutely no doubt - this is a great time to sell your home because of skyrocketing demand. On the flip side, with incredibly tight inventory, it can be challenging for would-be buyers to take advantage of low interest rates and lock in a low monthly payment.

 

In times like this, new and modern solutions arise.

 

8z Real Estate has been hard at work to ensure we can serve our clients better than ever before, and can tackle the hurdles of these market conditions. We’re very excited about one solution in particular: 8z Bridge.

 

With Bridge, you can buy before you sell. Bridge allows our clients to sell, and buy, with a cutting-edge solution that many other brokerages just can’t provide. Simply put - you can secure your new home with an all-cash offer, move out, and then maximize the sale of your current home - in a seamless and stress-free process.

 

We’ve created an in-house solution that’s perfect for these current market conditions and benefits our clients in numerous ways. Let’s look at a real-world example of 8z Bridge in action…

 

One of our agents, we’ll call him Luke, went to meet with a new client. Prior to the meeting, Luke already had multiple cash offers for their home with the help of Instant Sale, another selling solution under 8z Select. But to ensure they knew all of their options, Luke then discussed our Open Market solution - the typical method of maximizing the value of your home. However, these clients had two dogs over the age of 12, a six-month-old baby, and it would be very difficult to merchandize their home to sell for top dollar.

 

This is when Luke presented our Bridge solution, which ended up being the perfect choice for his clients. They were able to write an all-cash offer with Bridge, and move into their new home. Then Luke had the ability to paint, touch-up, stage, and list their current home for $35,000 more than they had originally anticipated.

8z Bridge Infograph

By using 8z Bridge, Luke’s clients were able to win on both sides of the transaction. They were armed with a cash offer that allowed them to beat out the competition, and purchase their new home. And, they were also able to sell their current home on the open market, receiving multiple offers and selling for top dollar.

 

Again, we’re thrilled to have modern solutions that can benefit our clients regardless of their situation, and regardless of the market conditions. I’d love to discuss these solutions with you in more detail or any of your friends and family that may be interested.

 

Now to wrap things up, here's what your local market stats looked like for the first month of 2021.

Buy before you sell - it’s that easy!

Contact us to get connected to an 8z agent or call (303) 543-3083.

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