Market Conditions Causing Bidding Wars
Want to know how to start a bidding war on your home? After watching the market this past weekend, we feel this month may be an excellent time to sell your home over list price. We strategically marketed 3 of our new listings and the result was that all 3 sold over list price. We also have Buyer Specialists, J. Webb & Sarah Sally that reported they wrote several offers over the weekend and they were up against stiff competition. This may be the perfect storm for anyone with a property to sell. We went into the Spring with a shortage of inventory and had many homeowners holding off on listing until the economy opened back up. We are just now seeing an influx of homes come on the market, which makes now a prime time to sell before inventory levels begin to increase.
Market conditions are not the only factor in selling your home for top dollar.
• Thoughtful pricing
• Innovative marketing strategy
• Home preparation
are all key elements as well. When listing your home with the Finn Team, we are able to highlight its best features and expose it to the maximum amount of potential Buyers. Our keen eye for detail and generous marketing budget for each property, as well as over 25 years of experience will set you up for a successful sale.
One last consideration when selling your home over list price is keeping the deal together. It is more common to have “Buyer’s remorse” when they feel like they paid a premium for the house. The Finn Team has the experience to know how to navigate best terms in multiple offers, negotiate inspections, mitigate any appraisal issues, and be there during every step leading up to the closing.
Learn how you we can negotiate for you to WIN during a bidding war, or find out how much your property could sell for in this market by interviewing the Finn Team today!
Take a look at this adorable house that our Buyer made an offer on in Pleasant Ridge that had multiple offers.