Low inventory – Is there hope for Millennials? Yes!

By
Real Estate Broker/Owner with Colorado Real Estate Advisers LLC CO ER100025633

Just as many Millennials are digging out from under their student loan debt they are encountering the fact that many markets, including El Paso County / Colorado Springs, are experiencing very low inventory.

 

They see properties going under contract before they can even get off work to go see them.

 

Two of the many attributes attributed to Millennials are hope and self-reliance.

 

Both of these can take a beating in a low inventory market.

 

More than one Millennial has exercised their self-reliance and bought the wrong house just so they aren’t left out in the frenzy of multiple offers.

 

There is a better way.

 

First of all Millennials, there is hope, solid hope, even in a low inventory market.

 

The secret is to channel your self-reliance into collaborating with a veteran broker who knows how to:

 

# 1 Work with you to find the right house, and

 

# 2 Who has the strategies to help you be the buyer who gets it under contract.

 

The best value is rarely the perfectly decorated house that everyone else is chasing.

 

Remember, when the sellers' decor walks out the door, all houses have bare walls.

 

The best value is often the house that other buyers are overlooking because of the paint or carpet colors. Those are easy to change.

 

I encourage buyers to join me for a “test drive” look at a few houses. There is no obligation.

 

The result is typically “Wow, we didn’t know all that.”

 

Buyers are encouraged when they discover that they can find a good house even in a low inventory market.

Posted by

David Gibson, 

Certified Negotiation Expert (CNE)

Broker / Owner Colorado Real Estate Advisers LLC

Independent Real Estate Broker

Colorado (License # ER100025633) and Texas (License # TX 499067)

Email: broker719@gmail.com

Phone: 719-304-4684

3326 Sand Flower Dr, Colorado Springs, CO 80920

I help my clients buy "A Better House at Lower Cost."

 

Sellers ~ I offer staging, professional photography, drone photography and videos. I'd like to send you a link to our listings so you get an idea how great your house can look.

 

Call or text me at 719-304-4684, or email me at broker719@gmail.com for more house choices and better deals.

Comments (4)

Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Great points in here David Gibson.  It is frustrating to have low inventory, but you put a positive spin on it.  If we can get people to look deeper past all of the fluff, then they can create their own, and have a great home!  

May 10, 2016 12:40 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning David. It certainly pays to work with an experienced professional in a tight market. Enjoy your day.

May 10, 2016 02:01 AM
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

It'll pay for Millennials to leave the virtual real estate world on their phones and apps and trust the authority of a good agent like yourself when looking for a home. 

May 10, 2016 02:41 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

You've made some excellent points here, David. It's definitely a challenging market for most buyers, in terms of competition as well as the limited inventory. And any home in great shape is sur to attract a bunch of buyers.

Jeff

May 10, 2016 02:34 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?