Uncategorized November 24, 2022

Interested in Selling your home in Today’s Market??

If you are thinking about selling your house, you may have heard that the housing market is cooling down and you may be wondering what that means. We are not at the zero percent interest rates that we had during the pandemic, but we are still in a sellers market. You have not missed the window to sell your home. Every market is a little different than the next. The reason for this has to do with the economics of the area, taxes, job, growth, ect. You may be surprised to know that there are some differences between the Beaumont market and the Mid-County, (Golden Triangle) Market. SETX is flush with expanding jobs and growth opportunities.

Realtor.com explains “while prospective home sellers may lament that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com home sellers survey, 95% of sellers who sold their home in the past year got more than they paid for it. Nonetheless, some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.”

The best way to be successful in todays market is to be realistic and work with a trusted Realtor that knows the area, the market and buyers.

Be Willing to Negotiate

We are no long in the area where you will find biding wars between multiple offers. While the inventory is still low overall, buyers still have options and with that means more negotiations. This means that you will see more buyers getting inspections, requesting repairs or even asking for help with closing cost. Be prepared to have this conversations.

First Impressions

To stand out in the market you need to make your home as attractive as possible to buyers. This could include everything from deep cleaning, decluttering if you are still living in the home. Every home has different needs, finding a trusted Realtor will be keep in selling your home. Realtors work with buyers everyday, they still the market, what homes are being sold first and for what price. While you may adore something about your home, it may not be attractive to buyers. Your Realtor will help you advice on how to sell your home, what changes need to be made. These are some things that you may not think of but a professional Realtor can help you with.

 

Pricing correctly

While everyone wants the most money for their home, you may need to get some expert advice on the every changing market. If you price your home just 5% over martlet value you could potentially be missing out on more than 50% of buyers!! That is a large amount of buyers that could be ready to make an offer on day one! While the listed sales price is always up to the owners, a Realtor should know their market and give you a good price range on what would be acceptable. Many times people want to list their homes for more than what the Realtor advises and they find out later that they have to make price adjustments and that just adds more days on the market, costing more money in the end.

 

The bottom line is your house is still very valuable in todays market! We need more homes, but finding the right Realtor will help you make the process much smoother in todays market. If you would like to list your home for sale, please feel free to reach out to me by phone 409-728-1010 or by email JesicaSellsBeaumont@gmail.com and we can discuss what your goals are for the sale of your home.