What to consider when selling your home
What sellers need to know about Today's Real Estate Market:
Multiple offers, over asking price, no seller concessions and under contract in less than
48 hours. Those were the terms of yester-year's real estate market but we are still in a sellers
market. Since then we’ve seen it cool down but don’t worry below are some tips to
successfully sell your home!
Price your home to market value:
Since buyer demand has cooled off due to high interest rates, it's now more important to
make sure your home is priced accordingly. Serious buyers are still out there and with a
home priced according to today's market they will be more likely to make a serious offer.
Be willing to negotiate:
At the peak of the pandemic housing market sellers held all the leverage due to record
low inventory. Buyers are willing to enter into bidding wars and give into most terms.
Since then we have seen the supply of homes increase. Though inventory is overall low
this increase has given buyers more options which comes with more negotiation power.
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2 年Terri Smith Roca, as you say negotiations and a willingness to negotiate is crucial in both parties feeling good about the transaction. Great post! Merry Christmas to you and your family!