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  • How A Denver Agent Uses HomeLight Trade-In To Soothe The Stress Of A Common Conundrum
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How A Denver Agent Uses HomeLight Trade-In To Soothe The Stress Of A Common Conundrum

By Janet M. Foster 3 years ago

Table of Contents

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  • Beating the odds with HomeLight Trade-In
  • Braving the climate to conquer the levels of competition
  • Successful brokers have tools like Trade-In

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As an skilled Denver-space true estate agent, Shurie Fletcher understands her really aggressive local industry. So when she achieved a recent pair of customers who required to shift into a new college district, Fletcher understood that offering their existing home wouldn’t be a difficulty.

“In Denver, the current market stock is so very low and all the things is so aggressive appropriate now, I understood without a doubt that their house would provide incredibly rapidly,” she suggests.

Her issue was about how quickly — or not — she would be equipped to locate the family a new residence in a small sum of time.

“It was supplying me a little little bit of heartburn,” Fletcher admits. “I can do anything at all I put my thoughts to and I knew we could do it. I just didn’t want to place a good deal of anxiety on my clients. They have two young ones, a few canines, and a single of them is a nurse who has been doing work on some COVID-19 things.”

Luckily for equally Fletcher and her purchasers, she just lately discovered about HomeLight as a result of an agent coaching session and made a decision to just take a nearer glance.

A home that used HomeLight Trade-In to sell.
Supply: (Kylie Russell, LIV Sotheby’s Global Realty)

Beating the odds with HomeLight Trade-In

The system she made a decision to suggest? HomeLight Trade-In.

The HomeLight Trade-In application can take away the tension and inconvenience of getting to provide 1 home ahead of getting one more. By earning a assured supply on a client’s present house, sellers can grow to be potential buyers with no product sales contingency and no pressure to obtain short term housing amongst long lasting residences. Brokers stay associated throughout the full process, and clients obtain any extra funds above and higher than the agreed-upon sales price of their former home. It’s an all-around get.

“The way I offered it was, ‘This is the way to go for relieve,’” suggests Fletcher. “I informed my customers that we can not existing a contingent present ideal now, the odds are just in opposition to us. They are quite analytical and quantities-oriented just by specialist and character, and I understood they weren’t heading to come to feel fantastic likely in and throwing absurd revenue at a household. HomeLight Trade-In was a way to be a good deal far more aggressive.”

With the extra bonus of a easy changeover in between homes, Fletcher’s consumers eventually agreed to go ahead with HomeLight. They observed the low, fully clear method charge as an expenditure into their convenience and capability to acquire with ease — just as Fletcher hoped when she introduced the possibility.

“It’s a pretty quick detail,” suggests Fletcher. “If an agent is familiar with what they are undertaking and can present it correct, that cost does not have to be witnessed as a con. It can be found as a ease and you will get it on the back stop.”

Braving the climate to conquer the levels of competition

Once Fletcher and her clients have been set up with HomeLight, they started on the lookout for a new property for the family members and rapidly honed in on 1 distinct residence.

“There was a enormous snowstorm in Colorado,” Fletcher remembers of the working day they walked as a result of the residence. “A great deal of folks just don’t want to mess with that, and I get it. I don’t want to be out either. But my consumers wished to cancel and I said, ‘Nope, this is when we go, get in the vehicle, determine it out. I’ll meet up with you there.’”

Fletcher realized that other agents and probable purchasers have been probably to bail on their strategies to seem at that residence that working day, which meant her clientele would have an edge if they confirmed up. She was ideal. They did close up building a potent supply and obtained the household for just $5,000 more than inquiring value. It was an just about unheard-of feat in Denver’s extremely-aggressive industry, exactly where homes normally provide for tens of thousands above list cost.

And Fletcher squandered no time in maintaining the Trade-In approach going ahead for her consumers.

“Once we ended up as a result of inspections on their new household, I went total steam ahead on receiving their previous home prepared for market. We detailed the similar afternoon that we shut on the new dwelling.”

Legitimate to Denver’s bustling market, the residence did not final more than 6 days.

“We got 9 presents and a 10-working day dollars shut,” Fletcher studies. The dwelling in the long run bought for $60,000 above its asking price tag.

A kitchen in a Denver home that used HomeLight Trade-In.
Supply: (Kylie Russell, LIV Sotheby’s Intercontinental Realty)

Successful brokers have tools like Trade-In

Experienced brokers like Fletcher understand that obtaining a application like HomeLight Trade-In as a software in their arsenal can give them a competitive gain both of those for profitable customers and then profitable households for individuals shoppers.

And given that HomeLight works right with agents and purchasers alike, all people is stored in the loop via open up, crystal clear interaction. It is just one more way to hold worry stages in examine and get the work done.

“You’re hurting your self and your shopper by not recognizing what selections are out there to support your shopper,” claims Fletcher. “I assume HomeLight gives you more ability and equipment in the belt to kind of throw your pounds around, specifically with clients who have constrained alternatives.”

Header Graphic Source: (Shurie Fletcher, Compass)

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