Here are the four major homeowner concerns and a quick explanation of what’s actually happening in the housing market today.
>>Homeowners don’t know if they’ll be able to secure their next home before selling.
In today’s market, buyers have compelling reasons to purchase a home now. These buyer needs give the seller tremendous leverage to negotiate time to find their next home.
>>Homeowners don’t know if their current home will sell for asking price or top market price.
This is the perfect time to maximize profits while selling a house. NAR just released a study showing that bidding wars are at an all-time high. When there’s a bidding war, the price escalates. If a seller is looking for a top-dollar sale, there’s no better time to sell than right now.
>>Homeowners don’t know if they will get an offer without their home requiring work or updates.
Due to low inventory, many buyers are more willing to take on home improvement projects themselves in order to get the home they’re after. If a seller is worried about doing work or updates on their home, they must realize that today’s low inventory likely renders these projects less critical to the sale of the house.
>>Homeowners don’t know if they can have a quick closing process.
When speed is important, there are two points sellers should look at: the time it takes to find a buyer for the home and to close the transaction. Both are moving quickly. If you’re looking for a quick closing process, there’s never been a market in which the two-step process (finding a buyer and closing the deal) has taken less time.
DM me today to learn more about the opportunities for homeowners who are ready to sell.
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