Sellers Market: 20 Tips for Preparing Your House for Sale This Spring

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Real Estate Agent with Allison James Elite CA. BRE 01501699
https://activerain.com/droplet/5bsg

#TimeToSell #ChrisBJohnsonRealtor #SellersPayZEROCommission #ListYourHomeandPayNoCommission

Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve....

Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC] | MyKCM

Highlights:

  • When listing your house for sale your top goal will be to get the home sold for the best price possible!
  • There are many small projects that you can do to ensure this happens!
  • Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help!

 

 

Despite Inventory Lows, Homebuyer Demand Skyrockets

 

Spill-over buyers and record-breaking industry lows are creating one of the most competitive buying seasons in years, according to a survey released by Realtor.com, an online real estate listings website, based in Santa Clara, California. Statistics from February 2018 indicated, inventory was moving 8 percent more quickly than in February 2017. The median age of properties listed through the database was 83 days.

"We're only a few weeks into March and already seeing the market heat up," said Danielle Hale, Chief Economist at Realtor.com. "Holdover buyers hoping for greener pastures this spring are likely to find sparse options that require them to pay top-dollar or make other concessions."

Even as prices continue to climb—increasing by 10 percent year-over-year—and are predicted to reach new record highs this spring and summer, buyer demand is booming. A portion of this demand is originating from buyers who are considered holdovers from last summer and previous buying seasons. The survey shows that 40 percent of today’s buyers have been searching for more than seven months, 34 percent for four to six months, while only 26 percent of those surveyed have been searching for three months or less.

Inventory is down 8.5 percent from a year ago, and 35 percent of respondents indicated they anticipate “a lot of competition,” while 36 percent expect only “some.” When asked about strategies heading into the spring buying season, 42 percent responded that they were checking listing sites every day, while 40 percent of buyers plan to put more than 20 percent cash down. Additionally, 33 percent are setting price alerts, 31 percent plan to put a larger earnest money deposit down, while 26 percent are willing to offer above asking price.

Despite the bleak outlook, 53 percent of buyers expect to close on their future homes in less than six months, while 18 percent expect the process to take four seven to nine months, 15 percent have estimated their buying process to take  ten to twelve months, and only 15 percent expect the process to exceed more than a year.

About Me

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Chris B. Johnson is a REALTOR® who Specializes in Short Sale and REO Transactions. Chris has been Certified as a California Association of Realtors HAFA Specialist, a National Association of Realtors Short Sale and Foreclosure Resource, Chris B Johnson Realtor is a Certified Distressed Property Expert, Certified Short Sale Negotiator, Certified Default Advocate and Certified Pre-Foreclosure Specialist. With a full time staff dedicated to short sale negotiations and transactions, we have been successful with (almost) every short sale to date.  LinkedIn Pro    UpNest    What's Your Home Worth?

 
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
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Rainmaker
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Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

It really is all about making the first impression a lasting one. Thanks for sharing I hope you enjoy your weekend.

Mar 23, 2018 09:45 AM #1
Rainmaker
407,311
Chris B Johnson
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

Thank you Pat Champion - Yes, the First impression is often the only impression :)

 

Mar 23, 2018 09:53 AM #2
Rainmaker
407,311
Chris B Johnson
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

2021 E Bard RD, Oxnard, CA 93033 is For Sale, Get all the details here: http://2021bard.ihousenet.com/

Apr 10, 2018 10:07 AM #3
Rainmaker
407,311
Chris B Johnson
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

2021 E Bard RD, Oxnard, CA 93033 IS Remodeled, Refreshed and Ready for move in! http://2021bard.ihousenet.com/ #TimeToBuy #ChrisBJohnsonRealtor http://activerain.com/droplet/5bHK https://youtu.be/etWEBTGEgpE

Apr 14, 2018 10:53 AM #4
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Rainmaker
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Chris B Johnson

5 Star Rated REALTOR® Quality, Not Quantity
Is it Too Late to Short Sell My Home??
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