Buying a home is a major life decision and one that will affect both buyer and seller for years to come. As a real estate agent, I get a lot of requests from home owners who are looking to sell their house. They are usually anxious to make a move and have their house on the market so they can get a good price, but they don’t want to list their house during a “bad time”, like during the holidays or spring break.
The market is still hot and many sellers are getting the jump on the next buyer. However, we have seen a few buyers take advantage of the low inventory to make a quick sale. If you have a home you want to sell and you’re looking to remove it from the mortgage, it is better to list your home when there is less inventory available.
Now that low inventory housing has become the norm in our society, more potential home-buyers are likely to put in offers on properties they know they won’t get. This will cause a rise in prices, and therefore more profit for sellers.
If you have been trying to sell your house for a while, there may be some reasons as to why you have not been successful. Some of these reasons may include that the house is not priced competitively enough, it’s not in good enough condition, or there are other issues such as needing major repairs on the property.
In conclusion, waiting until inventory increases will only hurt your chances of selling your home quickly and for a higher price.
If you’re looking for a real estate agent in Montgomery AL or surrounding area and you’d like to discuss your next steps and get an idea of what your house could sell for, give me a call – 334-530-3576
