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With spring just around the corner, I wanted to share with you THREE reasons why now is the best time to list your home. Many sellers are still hesitant about putting their home up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions, however, there are several reasons to sell your home sooner rather than later.
1. Demand is about to skyrocket. Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and for that reason, come out in early spring in order to beat the heavy competition. There is also an increased demand as many buyers push off their home search in the winter because of the extreme weather. These buyers are ready, willing, and able to buy...and are in the market right now!
2. There is less competition. Housing supply always grows from the spring through early summer. The choices buyers have will continue to increase over the next few months. Don't wait until all the other potential sellers in your market put their homes up for sale. Remember, you want to sell your home when the pool of serious buyers is at its peak and inventory levels are at their lowest.
3. Time is money. In addition to attracting a serious buyer, you likely care about two things; how quickly and how much you can sell your home for. Turns out, the two go hand in hand. After January, there is a significant drop in the time listings typically spend on the market. This is also when the difference between final sales price and list price is the lowest.
Choosing to sell your home is a very important decision. I recommend hiring an experience real estate agent to help you through every step of the selling process.
With over 100 years of real estate experience and over 400 families served in 2015, put The Raines Group to work for you!
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