Tom Mullen

LICENSE: 471.009915


(847) 980-5797
(847) 495-5000 (Office)

My Blog

Selling Your Home in Low Inventory Market

Posted On: May 21st, 2018 2:08AM

 

With a strengthening economy, rising employment figures and low interest rates, buyers are flooding our market, which has too few homes to sell. The inventory we do have is being affected by: homeowners who prefer to renovate rather than move, baby boomers who have decided not to downgrade, decreased development of new homes, distressed properties being converted by investors into rentals, and millennial buyers purchasing their first homes.

If you are looking for a quick sale in this seller’s market, keep the following in mind:

  • You may experience a multiple-offer situation, in which case you will definitely need a REALTOR® (like me) to guide you.
  • Spring and early summer is an optimal time to sell.
  • Be prepared for a fast sale; do you have your new home lined up?
  • A CMA (Comparative Market Analysis) is the best way to find the true worth of your home and how to best market it. I provide quality CMAs.
  • Even though there is a demand for homes remain practical about what your home will sell for, according to your area.
  • Tackle any touch ups and make sure that your home is tidy.
  • Stage your home to make it appealing to prospective buyers.

I offer thorough valuation estimates, strong marketing strategies, and a keen eye for the local home selling climate. Think of me as your trusted REALTOR® for your next home sale.

Add Comment