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For the longest time buyers have been able to enjoy a strong buyers market, particularly after the housing industry crashed in 2007 causing prices to plummet and too many homes on the market. But today it’s a completely different story and sellers are the ones enjoying the benefits with fewer homes than ever before for sale.
Buyers Competing
Against Each Other
Buyers
are pulling out all the stops when it comes to getting the home of their
liking. In some areas, we are seeing so much competition that sellers are
selling their home at or above their asking price. So much competition can only
mean good things for sellers and now is the time to seize the opportunity!
Multiple Offers and
Bidding Wars Are Back
One
result of all the competition faced by buyers these days is multiple offers on
one single property. In fact, some sellers are seeing more than two offers on
their home. The advantage of course it they can demand more money and another
advantage of this market for sellers is that their home will likely sell
quickly.
Sellers Can Be
Choosy Again
Nicely
done homes that are in great locations and are priced right are getting a lot
of attention. With all that attention and multiple offers comes the opportunity
for sellers to be picky. When a cash offer with no seller concessions requested
is compared to an FHA or RD loan that might take a lot of extra time to process
– the options are comforting for sellers.
~
If
you have been on the fence about selling your home – trust me, now is the time
to think again! Not only will you likely sell it faster but also for more money
and without much hassle. Contact us today and we’ll get right to work helping
you sell your home with success!
770-396-6100
