Right Now = A Great Time To Sell
The winter home selling season was crippled by the polar vortex, so there’s pent-up demand from
buyers who’ve been waiting for better weather to brave the house hunt.
Mortgage rates are still at historic lows, so buyers ARE poised to buy
and ready to hit the streets.
The Numbers Say Sell Now
Sixty percent of all homes in 2014 will be bought and sold from May
to August. Sellers who put their home on the market at the beginning of
the selling season will up their chances of snagging a winning offer
before buyers turn their attention back to school starting in September.
Price It Right
Many metros in the country have seen double-digit price increases in the past year. But this last quarter, prices started to slow nationally
– and pricing is a critical component to getting a house sold. With
this fluctuating market, sellers need to look at comps of similar homes
in their area and rely on the expertise of their agent. Plus, remember,
recency matters: sellers should look back no more than 60 days (if possible) and
depend on us, as your agent, to help you set the price appropriately. The sale
price of homes that sold recently paints a much better picture of what
to expect than the price of homes that sold six months ago (or of homes
that have yet to sell).
Bidding Wars Aren’t Back (Phew!) Bidding wars were common in the summer of 2013, but we’re hearing
less about them right now. Sellers can’t bank on fielding two or three
offers at once. There is, however, a good chance that sellers will still
get the one that will be a win/win for both the homeowners and the
It Pays To Be Ahead Of The Curve Trying to get a jump on the competition? Right now we’re on the cusp
of prime selling and buying season, and sellers who list soon, will
have less competition than those who put their house on the market in
May or June, when more homes will flood the market. Since it’s still
early, every home can have its ‘moment in the spotlight’ more than it
will when inventory increases – and the buyers who are braving the cold
to house shop are clearly motivated.
Give us a call at 417.812.6226 to get a Free Market Analysis and Marketing Strategy on your home, or click HERE for an estimate of what your home might be worth!
The content of post was originally written by Michael Corbett, Trulia’s real estate and lifestyle expert
Author:Michelle Cantrell Phone: 417-860-6505 Dated: April 2nd 2014 Views: 4,254 About Michelle: Michelle is a native of Southwest Missouri and has twenty-five years of experience in selling real e...
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