The Seller's Spring Checklist: 2 Important Must-Knows for the Season
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.
1. Houses That Are Priced Right Are Still Selling
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
The need to price your house right is so important today because the market has changed so much over the past year. Danielle Hale, Chief Economist at realtor.com, explains:
“With a smaller pool of buyers today and more competition from other homes on the market, homesellers will likely need to adjust their price expectations in the market this spring.”
While this spring housing market is different than last year’s, sellers with proper expectations who lean on a real estate expert for the best advice on pricing their house well are still finding success. And that’s great news if you’re thinking about selling.
2. Buyers Are Still Out There
As mortgage rates have risen and remain volatile, some buyers have pressed pause on their plans. But there are still plenty of reasons people are buying homes today. Lisa Sturtevant, Chief Economist at Bright MLS, spells out the mindset of today’s buyers:
“For some buyers, higher mortgage rates simply means buying a home is out of the question unless home prices fall. For others, higher mortgage rates will be a hurdle but ultimately will not keep them from getting back into the market after sitting on the sidelines for months.”
If you're considering selling your house this spring, partnering with a real estate agent can prove invaluable in connecting you with eager buyers ready to make a home purchase. A skilled agent possesses the expertise and resources to effectively market your property, ensuring it reaches a wide audience of potential buyers. They understand the local market dynamics, allowing them to provide accurate advice on pricing and positioning your home for a successful sale.
By working with a real estate agent, you can tap into their extensive network of qualified buyers actively searching for homes in your area. These connections can significantly increase your chances of finding the right buyer quickly. Moreover, agents are skilled negotiators, advocating on your behalf to secure the best possible terms and price for your property.
Selling a house involves various intricacies, paperwork, and legalities. A knowledgeable agent will guide you through the entire process, handling paperwork with precision and expertise. They will address any questions or concerns you have, providing support and guidance at every stage, making the selling experience smoother and more rewarding.
There are still clear opportunities for sellers this spring. If you’re wondering if it’s the right time to make a move, let’s connect today.