6 Seller Secrets For This Spring’s Real Estate Market

spring-selling-season-300x360Each year, it seems the housing market takes on a different tone – and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices – there’s no denying that the 2014 spring housing season is upon us. So what does it have in store? Well, if you’re thinking of listing your home, that’s an important question.

Here are 6 market insights that will give you a head start!

Right Now = A Great Time To Sell
The winter home selling season was crippled by the polar vortex, buyers have been waiting for better weather to brave the house hunt. Mortgage rates are still at historic lows, so buyers ARE poised to buy and ready to hit the streets.

Know Your Numbers: 60%
Sixty percent of all homes in 2014 will be bought and sold from May to August. Putting your home on the market at the beginning of the selling season will help your chances of snagging a winning offer before buyers turn their attention back to school starting in September.

Price It Right
Many metros in the country have seen double-digit price increases in the past year. But this last quarter, prices started to slow nationally – and pricing is a critical component to getting your house sold. With this fluctuating market, you need to look at comps of similar homes in your area, and recency matters: make sure you’re looking back no more than 60 days. The sale price of homes that sold recently paints a much better picture of what to expect than the price of homes that sold six months ago (or of homes that have yet to sell). Let our agents at Morgan County Land and Homes help you with this.

Bidding Wars Aren’t Back (Phew!)
Bidding wars were common in the summer of 2013, but we’re hearing less about them right now. So don’t bank on fielding two or three offers at once. There is, however, a good chance that you’ll still get the one that will be a win/win for both you and the buyer.

It Pays To Be Ahead Of The Curve
Trying to get a jump on the competition? Right now we’re on the cusp of prime selling and buying season, and if you list soon, you’ll have less competition before more homes begin to flood the market. Since it’s still early, your home can have its ‘moment in the spotlight’ more than it will when inventory increases.

Make It Pop Off The Computer (Or Smartphone) Screen!

In this new mobile era, a huge percentage of buyers use smart phones to start their home search online. And that percentage is expected to rise this year as more buyers take advantage of easy access to the wealth of information online. Get in on this trend by making sure your home pops on those computer screens. Great homes with mediocre quality photos will be quickly discarded and ultimately get less showings. Sellers should insist that their agent take the time to beef up their online listing so the quality of the home jumps off the screen and gets buyers’ attention. We at Morgan County Land and Homes can do this for you.

Call today for listing or buying information!

706-342-8820

 

 

Agents Needed

We are actively looking for AGENTS! If you are passionate about real estate and a dedicated worker looking for a friendly working environment and an integrated website with GAMLS Morgan County Land & Homes is for you. Contact Joey Eidson for more information 706-342-5672/joey@morgancountylandandhomes.com

Free CMA

Whether you are purchasing or selling real estate for personal use or as an investment, it is important to have confidence in your real estate professional. Let one of our talented real estate agents assist you throughout the process.
Stop by today or call for a free Comparative Market Analysis.