How to sell your home: Part II

Yesterday I went over the first of three critical elements if you want to generate a quick sale in today’s Astoria housing market. You see, contrary to the belief of some Sellers today you want your house “sold” not “for sale”. The second ingredient is product. Our local market on the Oregon Coast is very competitive, especially in Clatsop County. We were cruising along at 8-10 months of inventory, but in the last three months residential inventory has nearly doubled. How does that effect somebody with an Astoria home for sale? It means instead of 20 homes directly completing with yours in terms of price and location, you would now have 35. That’s right, a Buyer for your home would have 35 other homes that also meet their search criteria. What now? If you priced your home correctly, you’ll have a slight upper hand on the competition.