5 Reasons to Sell Your Home this Spring

Buyer Demand

There is no doubt that the number one reason to list your home today is because buyers are out in very large numbers. If your home is in good condition and priced right, your home will probably sell within a couple of days if you hire an experienced Realtor. Buyers are about to pull their hair out waiting for more properties to hit the market. When we list homes, most of them get multiple offers within days.

Supply is Low

Once May hits, the listings are going to be popping up all over town and you will have immediate competition. This will slow down the sale of your property and increase the odds of lower offers for you. Right now is an amazing opportunity for you to take advantage of a seller’s market without much competition. Most of our listings are selling in under a week, many in a day.

Less Preparation is Needed

Unless your home is in absolute need of exterior attention, go ahead and list your home now and don’t worry too much about every detail outside of your home. If you list now you get to skip the mulching, pass on the seeding, and you don’t even have to worry about cutting the grass. There are buyers ready to make offers on your home today!

Multiple Offers Drive Up Price

Right now is the best opportunity to obtain multiple offers on your property due to the inventory shortage. Realtors have many techniques that will attract multiple offers. Once we receive all offers, we always do a round two to notify all parties that submitted an offer that we are now in a multiple offer situation. This technique provides one last opportunity for all buyers to write their highest and best offer with an intended deadline for all buyers.

Interest Rates are Low

Interest rates have been the lowest we've seen in over 50 years. However, the Federal Reserve has once again hinted that rates will be increasing this year. This is just another reason to make sure you list today before the higher rates decrease the amount of buyers in the market. Low interest rates not only provide an opportunity for a large buyer’s pool for your home, but it allows you the opportunity to purchase your next home with a super low interest rate.