Many buyers in the marketplace can’t find the home of their dreams because there’s simply not enough inventory to choose from. It’s certainly a sellers’ market. Sellers have the upper hand, especially if the home is in good condition, located in a great neighborhood and priced just right. If you’re at all on the fence about selling, now is the time because sellers are getting top dollar for their homes and they are selling faster than they could have imagined.
Since there are fewer homes on the market, there’s more competition for available homes. Low inventory often translates into multiple bids for homes in good condition, high list-to-sale price ratios and being able to negotiate better terms. It’s an ideal time for sellers.
So when selling your home, if you want to get top dollar for your property, take advantage of the low inventory. Here’s the thing: supply and demand affect what you’ll get for your home. When everyone who has been thinking about selling their home puts their home on the market is not the time to dive in—if you want to get the most out of your home. At the end of the day, you have a better chance at success if you decide to sell now, instead of waiting until all the Joneses get into the market.
To help you position yourself for success, please call us at (818) 953-5300.