With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell—whether to upgrade or find a new neighborhood—there are a few ways to combat the low inventory.
Look tobuyfirstIn most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see anything on Zillow, it doesn't mean you can't or won't find the right home.
Think outside the boxBe proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have yourreal estate agentsend a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legallyEach state varies in how thepurchaseprocess is conducted. Talk to your real estateprofessionalabout adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.
Author:Errin C. Brown Phone: 208-869-8030 Dated: February 23rd 2016 Views: 175 About Errin C.: Errin C. Brown is an Associate at National Broker Connect. She is a Treasure Valley native and licen...
View our latest blog posts in your RSS reader. Click here to access.
Locally marketing includes but are not limited to: staging, visually stunning photography, virtual tours coupled with a custom tailored written description to attract a targeted demographic that has a national reach! Nationally we connect consumers to agents and Brokers who share in the same high level of customer service that we do here at National Broker Connect Real Estate.
Top 5 Benefits of Hiring a Real Estate Agent The National As
"UNBELIEVABLE! When I met Jimmie and Paige they introduced themselves as realtors. I told them that I had a house that I was trying to sell on Beacon Light. They asked me if they could interview for the job of selling my home. I let them know that it was already listed however I wanted to hear what they had to say. I knew my listing agreement had already expired years ago. They shared with me their marketing strategy and I decided to go with them. I can’t believe that I had my house on the market with a “friend” for five years! What they accomplished in one week is UNBELIEVABLE to me. They actually got my home SOLD for full price in one week! If you are looking for proactive realtors who are results driven then you need to talk to Jimmie and Paige. All I can say is that they are UNBELIEVABLY GREAT!