This one goes out to all my local, Buffalo area, fence sitters. (You know who you are.) You’ve toyed with the idea of selling your house for a few years now but you just haven’t taken the plunge. Well, here in the Buffalo area, we are in a very strong seller’s market, so now is the time to give me a call so I can help you decide how to proceed! (And if you’re not in the Buffalo area, give me a call and I’ll give you a referral for a great agent in your area.)
**UPDATE: I interrupt your reading with an important update. Within a week of posting this, I listed a house in the Tonawanda area. We opened for showings on a Saturday and had 14 couples come through and then Sunday we had close to 100 people through the open house in two hours! We had five offers on the table by Monday morning. And my sellers were able to take a very strong offer which was over asking price. All of this to say, I’m not kidding with this stuff! It’s a sellers market, so get off the fence and call me!! (Okay, you may now resume your regularly scheduled reading 😉
Maybe you’re empty nesters. Suzie’s graduated college and is getting married in the summer. Jake is halfway through college and living in an off-campus apartment with friends. And the house that used to feel like it was bursting at the seams is now feeling like an echoing cavern.
Or maybe you’re on the other end of things. You bought your current house when junior was first on his way, figuring it would work for five years or so and then you’d look for something a little bigger. Now, eight years, three kids and a puppy later, you’re tripping over each other and feeling like a little more breathing room for everyone would make life a bit easier. (And it may even eliminate the “He’s touching me!” and the “It’s my turn to pick the TV show!” arguments.)
I say to you both and to everyone in between, if your current house isn’t meeting your needs, there has never been a better time to put it on the market. Sometimes, it can be hard to sell a house. If there is an unbalanced market (high inventory), your home may sit for a long time with a For Sale sign in the front yard.
But that’s not likely right now. Inventory is extremely low and yet there are plenty of buyers out there looking for a new home. (The likelihood is very high that some of them are currently looking in your neighborhood!) This means many homes are selling quickly and with multiple offers.
So, who should take advantage of this market? Here are a few key components for a successful sale:
- Your home is in a desirable neighborhood
- You’re willing to listen to staging advice and make necessary changes
- You’re willing to price it competitively
- You have flexibility on where you go next
Because homes are selling quickly, you may have trouble finding the house you want before you sell your home. So, if you have the flexibility to move in with family or to rent for a little while, you will put yourself in an excellent position to get the house you want as soon as it hits the market.
Because multiple offers are happening regularly and the stronger you go into that situation as a buyer, the more likely you’ll win the bid. If you’ve already sold your house, it means you have cash for a down payment and you’re not contingent on the sale of your own home. Plus I have some tools to make you even stronger as a buyer by getting your loan pre-committed, making you as close to a cash buyer as you can be without actually having the cash in your bank account.
So, don’t wait. Call me today. At the very least, let’s sit down and talk about what your house might sell for in today’s market. And then you will be able to make an educated choice, and possibly get off that uncomfortable fence.