Sellers Have the Market in the Palm of Their Hands!
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.