Top 3 Incentives to Sell NOW!

1. Concern: Being able to secure your next home before selling 

Today's market is one that will be remembered for years to come. If you are to list your home today in a seller's market, your home is likely to be under an agreement in only a few days leaving you to find another home fairly quickly. 

Why you should sell NOW:  Simple, it is a seller's market!!

Buyer's have been compelled to purchase a home of their own before prices continue to appreciate and to secure a mortgage at an all time historically low interest rate. These buyer needs provide the seller with leverage to sell their home not only at a good price but to also negotiate time to find their next home. The homeowner is in a position to sell their home to a buyer at the right price, enabling the buyer to take advantage of the current mortgage. In return, the buyer might consider leasing the house back to the seller for a pre-determined and agreed upon length of time while the seller is working to find a new home, this is known as a sale-and-leaseback contingency. All in all, it is a win-win opportunity for both parties!! 

2. Concern: Will my home sell for it's selling price?

As mentioned earlier, it is a seller's market. With the right Realtor researching homes recently sold in your area as well as comps (real estate value report) you can list your home at a competitive price and maximize your profits. According to a study completed by the National Association of Realtors (NAR) buyers are at an all time bidding war for homes on the market. The study also revealed that when comparing the 1st quarter of 2020 to the 1st quarter of 2021, the number of offers on homes for sale doubled from an average of 2.4 to 4.8 offers. 

Why you should sell NOW:  Simple, buyer's are in bidding wars which escalates the sale price of your home. If you want top-dollar for your home, there is no better time to sell, than NOW!

 3. Concern: Will my home get an offer without needing any additional repairs/updates before selling? 

The greatest power when in a seller's market is that you have some level of leverage. It may not be much, but you have some! Due to high demand (buyers) and lack of supply (homes for sale) buyers are more considerate to taking on home improvement projects in order to close on a home. As the seller, your time can be utilized on painting the walls, and freshing up the exterior to attract potential buyers. However, taking on a project of remodeling may not be in your best interest nor best way to utilize your time. Consult with a Realtor to determine the best way to maximize your listing and to get the greatest profits! 

Why you should sell NOW:  Demand is high and supply is low, today's historically low inventory makes updating your home and/or remodeling less critical to sale your home.  

Considering to sell NOW? Book a FREE consultation and let us help you get your home on the market and HOOKED on your next home! 

Here are the average days a house is on the market in each state based on the NAR. 

- Hooked on Homes