With today's hot real estate market, some home seekers make two, three, or four offers on homes — only to lose out to other buyers. In this tight market, it's imperative for real estate agents and buyers to boldly think outside of the box. You may even find an opportunity to go after a home that isn't listed for sale — yet. In the process, make sure you pay attention to the following top secret ways to find houses for sale in Parker CO.
Browse Rental Listings in Parker, CO
Did you know that savvy buyers oftentimes check rental listings? Here's the reason why: The owner of the home may have lived in it at some period, but moved because of a divorce, transfer of a job, or other major life event. During this time, the market may have not been able to support their asking price or the home may have been under water.
Instead of tossing their home in mix with other attractively priced houses for sale in Parker CO and taking a loss, the homeowner may have decided to rent it out for a few years. Once the owner rents the home out a second time, they may get in a cycle of renting without thinking about attempting to sell. If you find a home for rent that you're interested in, go see the property and check it out. Then simply check with the owner to see if they're interested in selling.
Check with An Experienced Agent
In today's digital age, there are a seemingly endless number of home listing services, such as Trulia, Zillow, etc. While it may seem easy enough for someone to take on finding houses for sale in Parker CO as a do-it-yourself task, real estate agents have tools that are not available to the average consumer. For instance, agents have access to a powerful tool known as a multiple listing service (MLS). The MLS provides agents with the most accurate and up-to-date information the average consumer may not be privy too.
Check You Agent's Pockets for Pocket Listings
Did you know that some homeowners are not able to list or do not want to put their home on the open market? Perhaps they are not looking forward to the hassle of dealing with showings and keeping their home "show ready." On the other hand, the seller could just be a private person. Particularly in the luxury home market, many homeowners are not interested in publicly listing their home.
In several real estate markets across the nation, agents network with each other to discuss the possibility of potential deals. Certain areas even have websites for agents to converse and share information on off-market properties, which are known as "pocket" listings. In addition, brokerage firms typically release upcoming listings to agents a couple weeks prior to them hitting the MLS. When you work with a connected real estate agent, they will make sure you have access to all of these potentially lucrative opportunities.