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:Jimmie Miller Phone: 208-867-4020 Dated: February 23rd 2016 Views: 213 About Jimmie: With 25 years of experience in both Commercial and Residential sales and ownership experience, I wil...
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"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!