Deborah Ratchford has everything you should know in Real Estate in Our Town

from Our Town Monthly December 21/January 22

With OTM’s, Heather Meliski

Selling in the Winter is a Great time to be ON the Market!!!

By Deborah Ratchford

re you thinking about selling your house this winter, but you’re

Anot sure if your house will sell timely during the holiday season? If so, consider this: even the holiday season has plenty of buyers out there, ready to look at homes and buy your house. Here’s why selling this winter is a win for you.

Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it will rise to the top of the pool – and it will be worth it. It sure seems like the average seller received 3 or 4 (some cases even more) offers on their house this past fall season, provided that it was in good condition and showed really well.

Nationwide, the average seller is still getting 3 to 4 offers. That number is significant because it means you’ll likely have multiple offers to pick from if you sell your house this winter season. Keep in mind that pricing your house correctly is crucial to this equation and a good listing agent is very helpful in accomplishing this. Also, it is still important for the home to be in good shape and show well. To put things in perspective, no matter what state you live in, you only need one good offer that works for you to get the deal closed.

Any offer you receive will likely be from a highly motivated buyer who’s doing everything they can to beat the competition. Most buyers today have made prior offers that have not worked out which normally makes that buyer more aggressive with the next offer they make. The stakes for buyers are high. They’ve been looking for a house and they want to lock in their dream home before prices and mortgage rates rise further next year. Chances are, they’ll get creative with the terms of their offer, which could include waiving contingencies and offering over the asking price – both of which are great news for you. A good listing agent will be very helpful when going through this process.

If you’re on the fence about when to sell, remember, your house is a hot commodity this season. As other sellers take a break for the holidays with plans to re-list their homes in the new year, you can put your house in front of motivated buyers by making your move today. That means your house will be the center of attention and likely the center of a bidding war. Selling in the winter could be the quicker answer for you.

Bottom Line Selling now gives you even more opportunity to win big as buyers compete for your house in today’s winter selling market. It’s always best to consult with an experienced listing agent on the best plan of action based on your situation and needs. I’m always glad to help.

Deborah Ratchford 678-570-4779 Debratchford@kw.com

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