Homes are flying off the shelves! This is such a sellers market, it can be easy to fall for the idea that your home will sell in a day – don’t fall for it! Hi, I’m Sherri Echols Broker Associate with RE/MAX Bryan-College Station, and according to Investopedia, a sellers market occurs when there is an absorption rate – the rate at which homes are sold in a specific market in a specific time frame – equals more than 20%, and we are definitely in a sellers market with an average 62.5%! No matter how amazing the sellers market is, I cringe when I hear that someone sold their home in one day. When you sell your home so quick, you leave money on the table. When a home is marketed properly, it can take time to get the information thoroughly distributed. If you finalize the sale too quickly, you may be missing out on other offers, and you may miss out on being able to get the best terms that suit your needs. So will your home sell quickly – yes! The sellers market will make your home highly desirable! But if you allow our marketing tactics to work for you, you won’t want to sell in a day, so you’ll make more money on the sale of your home. Reach out anytime even if you’ve just got questions, we’re always here to help and are happy to answer any questions for you. I’m your Community Market Leader Sherri Echols, a helping hand for a happy home.
