Five steps for selling a home in a buyer's market...
From the St. Louis Post Dispatch….
“Just in case you haven't been paying attention, most cities are now in a ‘buyer's market’ for home sales. That means there are more houses and condos listed for sale than there are qualified home buyers actively in the market. Nationally, home sales volume is down about 10 percent compared to 2005.
The best way to tell if your area is in a buyer's or seller's market is to check the average number of days homes are on the market before selling. When this number rises above 60 days, it's definitely a buyer's market. That means it's a great time to be a buyer, but not such a great time to be a home seller.”
Here is what you can do to sell your home in a buyers market;
“Just in case you haven't been paying attention, most cities are now in a ‘buyer's market’ for home sales. That means there are more houses and condos listed for sale than there are qualified home buyers actively in the market. Nationally, home sales volume is down about 10 percent compared to 2005.
The best way to tell if your area is in a buyer's or seller's market is to check the average number of days homes are on the market before selling. When this number rises above 60 days, it's definitely a buyer's market. That means it's a great time to be a buyer, but not such a great time to be a home seller.”
Here is what you can do to sell your home in a buyers market;
- Get your home into tip-top, near-model-home condition.
- Hire the best list agent.
- Have your homes professionally inspected.
- Set a realistic asking price.
- Consider all purchase offers.
Nolting Real Estate can help you accomplish these five tasks and sell your home fast! Call us at 636-391-9997 and/or www.NoltingRealEstate.com
posted by Russell T. Nolting at
11:29 AM
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