Wow! What a 2 week run! The market definitely is busy. All of the sudden buyers are out there and looking-albeit most of the buyers are looking at single family homes that are under $325k and townhouses under $275k.
I had several sellers back in November that were considering taking their houses off of the market during the 'holiday' season, and wanting to put them back on in the spring. A lot of agents that I spoke with at that time said they had several sellers doing the same thing. My recommendation at the time was leave your house on the market. If available homes are shrinking-better chance of selling. Good call-considering the amount of showings my listings have received in the past 2 weeks. The other thing to consider is that if people are taking their houses off the market now, to put them on in the spring, are we going to have even more inventory come spring? In other words, will the market get worse? Something to consider.
Remember if your selling, make sure your house shows great! Model home condition. I tell my sellers- 1 gallon of paint is equal to $5000 in your pocket. Wow!
Some sellers say they don't want to spend the money on paint, new flooring, and updated appliances. Keep in mind, if you don't do those small items, your neighbor did and their house is showing great at the same price. If you were the buyer and money was tight, which house would you make the offer on? The house that needs $5,000 worth of work or the one that looks fabulous, shows like new and all the work is done for you?
I had several sellers back in November that were considering taking their houses off of the market during the 'holiday' season, and wanting to put them back on in the spring. A lot of agents that I spoke with at that time said they had several sellers doing the same thing. My recommendation at the time was leave your house on the market. If available homes are shrinking-better chance of selling. Good call-considering the amount of showings my listings have received in the past 2 weeks. The other thing to consider is that if people are taking their houses off the market now, to put them on in the spring, are we going to have even more inventory come spring? In other words, will the market get worse? Something to consider.
Remember if your selling, make sure your house shows great! Model home condition. I tell my sellers- 1 gallon of paint is equal to $5000 in your pocket. Wow!
Some sellers say they don't want to spend the money on paint, new flooring, and updated appliances. Keep in mind, if you don't do those small items, your neighbor did and their house is showing great at the same price. If you were the buyer and money was tight, which house would you make the offer on? The house that needs $5,000 worth of work or the one that looks fabulous, shows like new and all the work is done for you?
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