5 Insights Sellers Need in the Spring 2014 Market
The
spring housing market is in full swing. And while Real Estate agents may be fully
aware of the state of this year's emerging housing market, home sellers
may not be. Here are 5 market insights that will give you a head start!
Right Now = A Great Time To Sell
The winter home selling season was crippled by the polar vortex,
especially in the east and northeast, so there's pent-up demand from
buyers who've been waiting for better weather to brave the house hunt.
Mortgage rates are still at historic lows, so buyers ARE poised to buy
and ready to hit the streets.
Know your numbers - 60%
Putting your home on the market at the beginning of the selling season will
help sellers chances of snagging a winning offer before buyers turn their
attention back to school starting in September.
Bidding Wars Aren't Back (Phew!)
Bidding
wars were common in the summer of 2013, but we're hearing less about
them right now. Sellers can't bank on fielding two or three offers at
once. There is, however, a good chance that a seller will still get
the one that will be a win/win for both you and the buyer.
It Pays To Be Ahead Of The Curve
Trying
to get a jump on the competition? Right now we're on the cusp of prime
selling and buying season, and sellers who list soon, will have less
competition than those who put their house on the market in May or
June, when more homes will flood the market. Since it's still early,
every home can have its 'moment in the spotlight' more than it will
when inventory increases.
Make It Pop Off The Computer
(Or Smartphone) Screen!
In this new mobile era, a huge percentage of buyers use smart phones
to start their home search online. And that percentage is expected to
rise this year as more buyers take advantage of easy access to the
wealth of information online. Get in on this trend by making sure the home pops on those computer screens. Sellers
should heed the advice of their agent and take the time to beef up
their online listing so the quality of the home jumps off the screen
and gets buyers' attention.
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