In today’s housing market, there is great opportunity for homeowners to sell their house and get the best terms for their personal situation. That’s because there are only a limited number of homes currently in the market, which is creating competition among buyers.
Right now, homebuyers want three things:
- The the winning bid on their dream home
- To buy before mortgage rates rise more
- Buy before home prices go even higher
These buyer needs brings you to an amazing advantage – also known as leverage When You Sell Today.
What Does This Mean for Sellers Today?
You might already realize that this enables you to sell at a very good price. You’re also in a great position to get the best terms to suit your needs.
According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), the average home sold is receiving 4.8 offers. It is a good chance that you’ll get offers from multiple buyers who are interested in your house. When you do, look closely at the terms of each offer to find out which one has the best options for you. Surely, with the number of average home sold there will be more than enough offers that can give you the best option.
And if you have questions, remember your trusted real estate advisor can help. They’re experts who understand the fine print, know how to compare the terms of various offers, and will help you select the best one for your situation.
Bottom Line
If you’re thinking of selling your home, know buyer demand in today’s market gives you a great opportunity to get the best terms and price when you sell your house. Let’s connect today to discuss how much leverage you have as a seller in today’s market.