Do you hear it’s a “Seller’s Market” but still see houses sitting on the market for sale for long periods of time? In most cases, that means one of two things…. The house is either drastically overpriced or the condition needs improved. Today’s buyers are not patient or willing to invest money and time to get a house to move-in condition. They want to simply buy and move in and they are not willing to pay more than market value.
We are currently experiencing a Seller’s Market. Right now, every one of our company listings are under contract with a sale pending. While a few of our current listings sat on the market for a while, the sellers continually made improvements using showing feedback in order to reach a purchase without raising the list price. If Sellers are not willing to make improvements and price competitively, they will miss the peak selling market and their house will become stale and overlooked by buyers or will receive lower offer prices because of the length of marketing time.
Our company website has tips for sellers to prepare their house for the market. Simple and inexpensive tasks include fresh, neutral paint on exterior door and trim as well as inside in main areas, cleaning up landscaping, updating cabinetry hardware and light fixtures, cleaning/dusting the utility room and creating an inviting and cheerful entry. These tasks are good for annual maintenance even if you are not planning to sell but ready for a fresh outlook on your home! For more tips and consulting, call or email Team Choice!
