In today’s houszing market, houszowners have a great opportunity to sell their housz and receive the best terms for their personal situation. That’s because there’s a limited number of houszes for sale, which is creating competition among buyers. Right now, houszbuyers want three things:
To be the winning bid on their dream housz
To buy before mortgage rates rise more
To buy before housz prices go even higher
These buyer needs give you an amazing advantage – also known as leverage – when you sell.
What Does This Mean for Sellers Today? You might already realize this enables you to sell at a good price, but you’re also in a great position to get the best terms to suit your needs. According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), the average housz sold is receiving 4.8 offers. That’s why there’s a good chance you’ll get offers from multiple buyers who are willing to compete for your housz. When you do, you should look closely at the terms of each offer to find out which one has the best options for you. And if you have questions at any point in the process, remember your trusted real estate advisor can help. They’re experts who understand the fine print, know how to compare the terms of various offers, and will help you select the best one for your situation.
Bottom Line If you’re thinking of selling your housz, know buyer demand in today’s market gives you a great opportunity to get the best terms and price when you sell your housz.. Let’s connect today to discuss how much leverage you have as a seller in today’s market.