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The Power of Quantity: Why More Listings May Lead to Better Offers

By
Real Estate Agent with RE/MAX Associates RS - 0019092

 


 

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Compared to the same period last year, this graph indicates that more homeowners are posting sale signs in their yards. According to Realtor.com:

“. . . sellers turned out in higher numbers this March as newly listed homes were 15.5% above last year’s levels. This marked the fifth month of increasing listing activity after a 17-month streak of decline.”

 

How This Affects You

Perhaps now is the right time to reconsider selling your home, if you've been putting it off, before your neighbors do. There won't be an overabundance of houses on the market in your neighborhood, but every one that goes up for sale has the potential to divert potential buyers from yours.

For instance, you will face competition from your neighbor if they list their house as well and join in on the action. When potential buyers tour your home, you don't want them to fall in love with someone else's. You want attention to be drawn to yours.

 

How to Drum up Multiple Offers for Your Listing

 

That is possible with an excellent agent. They will assist you in pricing your home appropriately, highlighting all the features that modern buyers seek, and getting your home ready for listing. In this manner, potential buyers are truly drawn to your listing and excited to move in.

This is your opportunity to obtain the best of both worlds if you're prepared and able to sell right away. You'll have more choices when it comes to moving because there are more houses available for purchase. However, you can also sell while your home will still be distinctive.

 

GET MULTIPLE CASH OFFERS TODAY - CLICK BELOW

 

Bottom Line

You don’t want to wait for more competition to arise in your neighborhood, even though inventory is still low. To discuss the benefits of selling before more properties hit the market, call Chris Pataki today @ 302-562-0628.  You will be glad you did.

Posted by

 

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Great points Christopher!!! Thanks for sharing!!!

You will face competition from your neighbor if they list their house as well and join in on the action. When potential buyers tour your home, you don't want them to fall in love with someone else's. You want attention to be drawn to yours.

May 29, 2024 04:31 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Christopher. In the far western suburbs of Chicago inventory remains tight and price somewhat stabilized or rising. New listings remain low and quality of listings debatable. Enjoy your day.

May 29, 2024 04:45 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Christopher,

It's important o know if you are thinking of selling your home you don’t want to wait for more competition to arise in your neighborhood, even though inventory is still low. List now with less competition!

May 29, 2024 04:53 AM