On this blog, I’ve encouraged potential sellers to take the leap and get more information about listing their homes in 2022 to take advantage of this unprecedented marketplace.
Update: The seller’s market remain strong and home sellers may be holding a golden opportunity in the palm of their hands!
IT’S PRETTY SIMPLE: INVENTORY REMAINS LOW. DEMAND REMAINS HIGH.
The law of supply and demand reminds us that a perfect market to sell any product would provide a strong demand for the item coupled with a limited supply. Many home sellers in the bay area are experiencing that EXACT situation right now. Sellers may quickly find themselves securely in the driver’s seat during a negotiation. Let’s examine the benefits of this market for a seller.
WHAT ARE SOME OF THESE BENEFITS THAT SELLERS MAY EXPECT IN NEGOTIATIONS?
To begin with:
· Sellers can expect a competitive sales price
· Sellers can expect a flexible closing date that works for their schedule
· Sellers can request a leaseback option to allow more time to find a home
· Sellers can expect fewer contingencies including inspection, appraisal and loan
I’ve been crying from the rooftops (pun intended!) that now may be “the perfect storm” to sell a home. If the time is right for you to make a move, let’s talk and develop a strategy. I’m always available to offer no-obligation advice. Check out my Seller Resources and call 925-351-4924 for a no-obligation consultation.