Quick Search


view all


Any

Any

No Min.

No Max.

Contact Me







* fields are required

Shifting Sands - Seller's Market

Hi Buyer's and Sellers!

June is here and we have been through the Memorial Weekend.  We are seeing the sands shift to a seller's market.  We have seen buyer's offering full price if not over price to get the home of their dreams.  Soon we will see prices increase because demand is a bit low. 

Sellers may be breathing a sigh of relief - it has been a long time coming.  But, where anxious seller's make a huge mistake is thinking this is the time for "greed".  Try not to sell yourself short by thinking that everyone is going to pay full price.  Some buyer's will walk away simply because they are not willing to pay "that price" for "that home." 

Buyers, try not to sell yourselves short by walking away too quickly from a deal because the price is not what you expected to pay.  As we saw in the beginning of the downturn - seller's were not willing to lower their price and their homes sat on market for a year or two.  Once they realized times had changed and they changed their views on reducing prices - things started to sell.  Buyers are now on this end of a deal.  Realize that the market has turned to the seller's favor and you may have to pay a bit more than you wanted to.  Look around and make sure you know about the market before offering on a home.  There may not be a better deal out there so don't give up on the one you are negotiating so quickly.  Also, remember - time is now important.  No longer can you wait a week or two to make up your mind.  Be decisive and know what you want ahead of making that offer.  Be ready to jump on it quick before someone else does!

By all means, using a REALTOR® is the best thing you can do to help navigate through the process of buying or selling.  Their knowledge of the market conditions will give you an advantage and help you not overpay for a home - or sell too low. 

For more advice and tips on buying or selling - click here!

 

 

Comments

There are no comments for this post. Be the first to comment!

Leave a comment

Comment
Already have an account?

Kathleen Adams
Coldwell Banker Lakes Realty

8520 100th Avenue
Canadian Lakes, MI 49346
Phone: 231-250-3197
Office: 231-972-8300
Email: kadamscblakes@gmail.com
Website:  http://www.canadianlakeshomes.com
Blog:  http://www.canadianlakeshomesblog.com
 

Blog

Four Ways to Maximize the Appeal of Your Open House

Four Ways to Maximize the Appeal of Your Open House No matter how you sell your home, an open house can be the perfect platform to attract buyers. If your house does not look as appealing as possible, you may find that buyers lose interest. By followi... Read more

Are Realtors Really Home Adivsors?

Home Advisor is a really nice website full of helpful information on companies that provide services for the homeowner. From carpenters to fences and everything in between, if you need a service on your home, you can find people on Home Advisor. They ... Read more
View All

ABR - Accredited Buyer Representativee-PROEqual Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu