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List EARLY When Home Selling in Sherwood

By
Real Estate Agent with Hasson Company, Realtors

In a recent post we wrote titled "The Housing Market Says "SELL NOW" Not in Spring" we covered some very important points why NOW is the new spring season.  There's a lot of buzz going on out there about this very topic with respect that the New Year is here and the Home Buyer Tax Credit deadline is approaching. 

Zillow warns that the tax credit "will force buyers to speed up their decisions."  Trulia stated, "Taking a chance and starting the sale process earlier will reap distinct benefits in 2010.  The beginning of the year is going to be make-it-or-break-it, if you're a seller, get your property listed as early in the year as you can."  And according to Frobes, they're on the long list of those who say "sellers should list homes early this year." 

 

Source: Forbes and Realtor Magazine

Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake.

Government incentives will likely have a big impact in 2010, with many buyers determined to sign a contract before the April 30 tax credit deadline.

"This year, we're anticipating sales will peak earlier," says Nicole Hall, editor in chief of Lendingtree.com, an online mortgage comparison service. "The best time to get your house on the market will be February or early March, and maybe even earlier if you want to avoid competition."

Traffic on real estate Web sites begins to rise right after the New Year, says Ken Shuman, spokesman for real estate Web site Trulia.com.

So what's next for Oregon home sellers who want to take advantage of this historic time to sell their home?  Finding the RIGHT real estate professional to represent you.  Before you sign anything with another Agent, consider this... Call The Gardner Team for an interview.  In the mean time, listen to what our clients are saying and take a look at our proven results.

Committed to YOUR Success,

The Gardner Team |  TOP 1% Nationally.  #1 in Sherwood.

Posted by

Information Courtesy of Amber Gardner
Licensed Oregon Broker & Director of Marketing for Gardner Team Real Estate  

James K Barath, CMPS
Canopy Mortgage, LLC - Crown Point, IN
FICO Pro, Certified Military Housing Specialist

Tax credit and historic low interest rates aside, I will give you a reason even more important than those two factors. We all know that in a real estate purchase transaction, we need a willing buyer and a willing seller who can mutually agree on terms. However, there is a third party that has even more significance and that is the lender. One of the most important items during the purchase process is the assessment of the collateral (aka. Uniform Residential Appraisal Report). Because of the restrictive 90-day comparable transaction history that lenders now require, come spring there will not be as many sales to drive supportive values as we have right now from the mad rush to close before the initial tax credit deadline. That is why sellers need to sell right now if they want top dollars.

Jan 17, 2010 07:12 AM
Anonymous
Victor
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Jul 24, 2012 02:14 AM
#3