Now is NOT the time to leave your home off the market if you’re ready to sell.
Inventory is low, as shown in the graph above. That’s bad news for Buyers, but it’s GREAT NEWS for Sellers like you to get more showings and potentially higher offers for a successful sale.
Combined with mortgage rates reaching new lows, we are seeing unprecedented actions in the housing market right now.
Recently, we had Buyers put in an offer to purchase a home ($625K+) they had never seen in person, and they submitted an offer that was OVER the list price. We’re not the only ones experiencing this.
We also heard from this listing agent and many others that Sellers are receiving multiple offers soon after a home goes to market.
If you took your home off the market for fear of COVID-19 and having strangers go through your home, now is the time to think again. Realtor Associations have published guidelines for agents to follow to help protect Sellers and Buyers during home showings and open houses, and we take those guidelines seriously for your safety and ours.
Is NOW the best time to list and sell your home? It’s a GREAT TIME!
Contact us now, and let’s explore your options. We will provide you with additional data specific to your home (price, type, geography, etc.) to explore trends related to the timeliness and value of a sale right now. We look forward to sharing this information with you.