Homeowners Have Huge Advantage if You Sell in This Market
May 20, 2022
This market we are currently, and have been in for about two years now or so, is most definitely a sellers market. Selling in this market gives you a great advantage and will really allow you to get the most out of the deal for their personal gain. There are a limited number of homes on the market, which in turn creates competition among buyers. These three things are what all homeowners are wanting:
To win the bid on their dream home.
Buy their home before mortgage rates rise even more.
To buy their next home before home prices get even higher.
So once again this gives the seller the ultimate advantage and leverage in the housing market right now.
Let’s talk about what this means exactly for sellers in this market. The obvious is that as a seller you can get the best price or amount of money for your home. Also, you can also likely get the best terms for your specific needs.
According to recent information gathered by the NAR each home on the market typically receives 4-5 offers, some get more, some get less but that's the average. This really means that each homeowner will get multiple offers from buyers willing to compete for the property. When you get these multiple offers take time to really look at the terms and compare them against each other.
Then at any point remember, I am your truste agent and you can ask me to help, explain anything to you. I will help you through the process every step of the way. I have years of experience looking at real estate contracts so I understand the fine print and that's what I am here for. To help you!
Here is the bottom line, if you are thinking of selling your home, NOW is the time to do it. Inventory is still low, buyers are still out looking strong, and most are willing to compete for the property they really want. This gives you the ultimate advantage and I want to be YOUR realtor!
Call me today and let me get started working for you.