In the existing market, we are experiencing a few different challenges for both sellers and buyers.
Sellers
Sellers can take advantage of the market with the limited housing supply. However, it is only worth it if you have the means to have different housing available because a move typically will come with its constraints. If you want to sell, you need to make sure you can find something as a buyer in the same quick timeframe as you would sell. Real estate agents can help clients incorporate a contingency clause into the sale of their home, and this way, you can build in some time to find a new home once yours is purchased.
Buyers
Buyers have to act fast in this market and find a reliable agent to represent their interests to achieve this. When commissioning the support of a real estate agent, you are getting knowledge know-how that can provide you access to potential homes before others even know about the listings. This has frequently been happening. Before homes are even entered into the MLS system, the homeowners are getting offers for consideration because it is difficult to find a home, especially in reasonable price ranges.
Real Estate Professionals
A challenge impacting real estate professionals is the overall limited inventory. Many buyers in the market seek homes between $200,000 and $500,000, but there is not enough supply. By a significant amount, we have more real estate professionals than we do listings. Therefore agents are working extremely hard vying for clients and business. That is why we are thankful to have an agency of proactive and engaged agents. They are always busy helping sellers list and buyers buy! We have been fortunate to have agents who always support their clients, many of whom are returning clients. We are grateful for your loyalty and support.
We are ready to support you in this challenging market. We want to provide you with affordable solutions and cannot wait to learn more about your real estate needs and expectations.
4000 Central Ave, Suite #1
Cheyenne, WY 82001
Or, call us 307-635-0303
