Making Selling Easier in a Changing Market

Some advice on how to price and sell your home in this shifting market.

Are you wondering how to sell your home in this crazy market? Plenty of things are shifting very quickly, therefore many people are wondering how to price a home in that environment, and I can help with that. 

In May there were two weeks of housing inventory, and now in mid-July, there are close to three months' worth. That’s a big change! It’s still a seller’s market, but we are shifting toward a more balanced market, or maybe even a buyer’s market. Therefore, the No. 1 question I am getting right now is: “How do I price my home correctly to sell in this shifting market?”

There are two things we do to get your home sold in this environment, and the first is to pre-market your home. We use this to make sure your home is priced correctly. Getting your home out there early gives us the chance to see if we can drum up interest with the first price tag. That will tell us if we should keep it or rethink our pricing strategy. We have sold two homes pre-market in the past month because of this strategy, and both came with unrepresented buyers.

That brings me to the second thing we have been doing to help people sell in this market: going directly to buyers. We show them how serious you are as the seller and pair you up with the right buyer.

There’s also one thing you can do: Find an experienced Realtor. Did you know that 70% of agents have never experienced a balanced market or a buyers market? The market is changing directions right now, so hire someone who has been there. I have been through two different downturns in the market, so with my experience, I can knowledgeably guide you through this time. 

If you have questions about any of this, or if you want help selling your home, please don’t hesitate to reach out to us! We’d be happy to hear from you.