This year is a great time to be a home seller. According to Nerdwallet, 17% of homeowners are planning on selling their homes within the next 18 months, and out of those people 45% of them are saying it is because of the recent changes to the housing market, including higher asking prices and lower inventory. Here are some things you will need to know if you want to be successful in selling your home in 2021.
When selling your home, preparing to sell it can often include a lot of steps spanning anywhere from cleaning the home to making minor or major repairs. With the market being how it is right now, you may be able to skip doing these presale home improvements. Home buyers are stalking the listings to try and find any home they can right now that fits what they need, so you can most likely save some money by waiting it out and forgetting about those big projects all together.
Selling your home is a process, but it will all move very quickly. Single-family homes are in high demand right now, so selling right now means you will sell fast and for a higher price than you would under any other circumstances. According to the most recent data from the National Association of Realtors, existing homes are only on the market for an average of 20 days. That means that the entire process from start to finish would take about three weeks. Talk about a fast turnaround time.
Making sure that you have a home to move into once you sell your current residence can be easier said than done. With all of the house being swiped left and right, it can make it even more difficult. Luckily you are able to make the buyer's purchase fall on when you are able to find suitable housing. Some buyers may not like to wait, but when it comes to having a roof over your head, ultimately the seller gets the last word.
If you are looking to sell your home in the 2021 market call Ark Realty at 419-617-7342 or visit our website! We can't wait to help you find your forever home!