Homes are selling quickly so there are people who want to purchase property and build now or in the future. Take a look at my webpage to see if you find acreage you may be interested in and
HOUSING MARKET IS RED HOT
Dated: May 17 2021
Homes are selling as fast as they are listed. If you're in the market to sell, here are some tips to get you started.
Get Your Home and Property Ready to Show
One of the “lucky” aspects of a hot market is that outdated or quirky homes sell more quickly than they otherwise would. Home staging is recommended even in a hot market. If you want to attract multiple offers on your property right after listing it, staging is probably the number one way to make that happen.
Marketing Your House: Don’t Overlook the Professionals
If inventory is low, buyers are more likely to use an agent to locate homes for sale either before they come on the market or immediately upon listing. Most of the time, agents are looking on the MLS or talking with other agents in order to find new listings for their buyers. For the most exposure for your sale, you still want to hire an agent to advertise your home to take advantage of the multiple buyers that are out looking.
Be Prepared to Review and Make a Decision on Purchase Offers
Time the placement of your home on the market wisely. Be sure that you will be present or able to review all offers within a short amount of time after the property is listed. Plan on responding to offers within 24 hours. As a common courtesy, if you know you won’t be accepting certain offers, let those buyers know as soon as possible so they can move on in their search. If you plan to counteroffer, do so in a timely manner. It's not uncommon for the negotiation process to take 24 to 48 hours.
Be Prepared for Problems with Appraisal
Hot markets often arise quickly. Appraisers might be comparing your property to properties sold at least a year ago. If no properties in your neighborhood have sold recently, an appraiser might have to look back many years to find comparable sales; sales which will likely be for a lot less than your current offer. Be prepared.
Don’t Get Your Hopes Up Too High!
Just because the market is hot does not guarantee multiple offers for over asking price.
House prices can differ drastically within neighborhoods. Take solace in the fact that you are selling in an up market and are more likely to sell for closer to your asking price than you would in a down market. And, if you happen to be one of the lucky ones who garners more from the sale than you ever imagined, feel free to pop the champagne at closing!
I am a Real Estate Professional with Southern Shores Real Estate in Chapin, South Carolina. Offering Excellent Service with Consistent Results, I have been assisting clients with purchasing and selling homes in Camden, Lugoff, Lake Wateree, Lake Murray, Blythewood, Columbia, Irmo, Lexington, Chapin and Newberry areas for years. Visit my website at MelissaDille.SouthernShoresREM.com for yourself and explore all of your home opportunities. I will get your home sold fast and for top dollar! Call me at 803-315-1940, or feel free to email Melissa.Dille@SouthernShoresRE.com.
Many people choose to work with me when they have real estate needs. I know each person needs individual attention and I provide excellent service with consistent results with each home buyer and hom....
Latest Blog Posts
LAKE MURRAY IS CALLING YOUWelcome home to Lake Murray! This one level, 2898 SF brick ranch has a great open floor plan with cathedral ceilings. This beauty has three bedrooms, two full baths, an