Deciding to list your home on the real estate market is a huge decision, and for many it’s easy to get swept away by all the motion and turbulence accompanying the journey. However, by setting realistic goals and expectations, you can streamline the home selling process.
You may own a beautiful home, but even a top-notch residence may be difficult to sell depending on the housing market's conditions. By allocating time and working with a real estate agent to study the real estate market, you can differentiate a buyer's market from a seller's market.
In a buyer's market, there’s typically an abundance of homes and a shortage of buyers. Therefore, sellers may need to price their houses competitively to raise interest from buyers.
Comparatively, in a seller's market, there’s usually an abundance of buyers and a shortage of homes. This means a seller probably won't have to wait long to receive purchase offers to purchase after listing their residence.
To distinguish a buyer's market from a seller's market, examine the prices of recently sold homes in your area and find out how long these properties were listed before being sold. This information enables you to review the level of interest in properties in your city or town and can help you list accordingly.
Even though your home may hold personal value, it’s still important to seek professional examination to determine areas in need of improvement.
During a home inspection, a property expert examines a residence both inside and out. This may include the structure of the home, windows and doors, the HVAC system and more. Then, once finished, they can provide a detailed report. With this information, you can make needed repairs and price your home fairly.
A real estate agent can provide their expertise and help you in examining the market, understanding where your home falls as a listing, and can help you nail down a timeline to keep your home selling journey on track.
With the help of a real estate professional and in-depth examination of your home and local market, you can set realistic expectations to get your home sold smoothly.
It is my goal as your full service real estate Broker specializing in the Boston Metro West area, covering Northshore, and 30 to 45 min from Boston in all directions, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
I consider this community an excellent place to reside and would love to share with you my enthusiasm for the many neighborhoods that encompass it. I pride myself on providing unparalleled service and look forward to developing a long-term relationship with you. Please feel free to contact me if you would like to discuss how I can best assist you with your real estate needs.
