Are You Thinking of Selling Your Home? Right Now Is the Time!
Don’t sweat it, friend! Right now, we are in what is called a seller’s market, making right now the perfect time to put your house on the market. Here’s more about this real estate market trend and what you should do to take advantage of it.
What Is a Seller’s Market?
Presently in St. Joseph, Missouri, there are not enough homes for buyers. The number of homes on the market is at an all-time low for this area while the number of potential buyers hasn’t really changed.Buyers who already know that they need to move are on the prowl for a great new home. Whether they’re moving into a specific school district or transferring to a new location because of a job, buyers are shopping for their new homes right now.
The issue they’re facing is that there aren’t a ton of houses on the market. This leads to a seller’s market.
When buyers don’t have a good number of houses to choose from, sellers often sell their homes quickly and for close to their asking price. In fact, some homes even have buyers lined up before they’re even officially on the market! This is a great deal for sellers!
Why Sell Right Now?
There are two main reasons why you should sell your house right now. First, with plenty of buyers searching for a new home, your house should sell faster and closer to asking price. Plus, if there are buyers lined up before your house is even listed, you get to save yourself the headache of open houses and home showings.The second reason you should sell your house right now is that interest rates are still quite low. This is good for you as a home buyer because it means you might be able to get a loan for your new home that’s quite comparable to your current loan.
If you have been thinking about selling your home, right now is the time. Take advantage of this wonderful opportunity and list today!
What Should I Do?
The very first thing you need to do is contact a trusted realtor like Lorrie Ramseier with Ramseier Realty Group. Your realtor can suggest small improvements that might bring more value to your home. These improvements could result in a higher asking price as well as an increased likelihood that you get a full-price offer.Make sure you communicate honestly with your realtor about what you plan on changing and what you don’t. Right now, your realtor is thinking through his or her list of buyers, trying to decide who would love your house the most. The honest communication between you and your realtor can help determine which potential buyer should be notified first.
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