Dealing with your house sitting on the market without any interest can be incredibly frustrating, and sadly, many sellers are in this tricky spot today. According to data from the National Association of Realtors (NAR), the time houses spend on the market has increased recently.
A post from Realtor.com highlights this trend: “During the week ending Sept. 14, homes stayed on the market eight days longer compared to last year. With more choices available and mortgage rates expected to fall, buyers are taking their time, which means sellers will need to be patient and flexible.”
With rising inventory, buyers have more options, and higher mortgage rates have slowed demand. But here’s the secret: the key lies in working with the right agent.
The right strategy and agent can still help you sell quickly, even now.
To sell your home swiftly, partnering with an agent who understands the shifting market is crucial. They will guide you on what buyers want and how to position your home effectively.
Here are some tips a great real estate agent will offer:
1. Competitive Pricing: Setting the right price is vital. A local agent will conduct a market analysis and ensure your home is priced correctly to attract buyers. As U.S. News states, “Setting an unrealistically high price…doesn’t work in real estate.”
2. Home’s Condition: Well-maintained homes with great curb appeal sell faster. Make sure your house leaves a great first impression. Agents can advise on necessary repairs before listing. As Ramsey Solutions says, “Get ahead of the game to help your home sell faster.”
3. Incentives and Extras: Stand out by offering incentives or concessions like help with closing costs or a home warranty.
Bottom Line
Selling quickly in a shifting market requires strategy and understanding buyer needs. Partner with a knowledgeable local real estate agent to ensure success. As Forbes notes, “When time is of the essence…work with an experienced agent who knows your market.” Connect with an agent for success.
