Wednesday night I listed a great starter home in Des Moines, WA for sale. Here is a picture of it.
The sellers did a great job on making it ready for the market. It was freshly painted inside, the carpets were cleaned, the windows and windowsills were washed, outdated light fixtures were replaced, the lawn was mowed, the weeds were pulled - they invested a little time and elbow grease. This home sparkled.
And the sellers were realistic with their pricing. They took my CMA and did their homework. They followed my suggestion on pricing and checked out the competition. They sent an email to all their personal contacts once the listing went live on the MLS. They were committed to this home selling.
And guess what?
The first offer came to us in 24 hours. By the 4th day of the listing, we had 4 great offers.
Is this a fluke? No, I don't think so. Buyers are ready to buy great homes. Especially if they are in move in ready condition. Humans are attracted to shiny, bright objects.
Are you seeing multiple offers in your market? If so, what are you doing to get them?
;)
;)
Debi,
We've been seeing multiple offers for close to a year now in the Ventura real estate market, even on trashed properties, as long as they're priced well. It can be frustrating for the buyers who have to be patient with the process, so good counsel on our part is paramount. We wrote five offers this morning for a client in hopes that one of them will be "the chosen one". They'd already lost out on two others.
All of this is creating a slow but sure depletion of inventory which spells a recovery. Hopefully sometime in this decade for us all! Good luck to you!