Here’s my advice for home sellers who are on the fence about listing.
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Today we’re going to discuss things to consider if you’re on the fence about making a move this spring. If you’re thinking of selling this spring, it may be because you’ve heard that prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. All of this is true. Why are conditions so good for sellers today, and what can you expect when you move? To help answer those questions, let’s turn to the data.
Today there are far more buyers looking for homes than sellers listing their houses. Look at the maps at 0:47 in the video above of the latest buyer and seller traffic from the National Association of Realtors. This should help paint the picture of what this looks like for you. Notice how much darker the blue colors are on the left. This shows buyer traffic is strong today. In contrast, the much lighter blues on the right indicate a weak or very weak seller traffic. In a nutshell, the demand for homes is significantly greater than what’s available to purchase.
"We know buyers will be competing for your home."
What does this mean for you? You have an incredible advantage when you sell your house under these conditions. Since buyer demand is so high at a time when seller traffic is so low, there’s a good chance that buyers will be competing for your house. In fact, we know that’s the case.
The NAR statistics show that the average sold home got 4.8 offers. Selling when demand is high and supply is low sets you up for the big win.
So what’s the bottom line? If you're ready to move, you have an incredible opportunity in front of you. Let’s connect. You can rely on our expertise, and we can help you win when you’re selling as well as when you’re buying.
If you have any questions, don’t hesitate to reach out via phone or email today. I look forward to hearing from you.