Know the Local Market when You Sell
Are you thinking of selling your home this year? If so, you might be paying extra attention to housing market news covered by the regional and national media.
While that news can be helpful information, it can sometimes say little about what’s happening in your particular neighbourhood. In fact, it’s possible for there to be a balanced market nationally or regionally, while at the same time your street may be experiencing a hot seller’s market!
That’s why it’s important to understand what’s happening in your local “micro” housing market when you’re selling your home.
What do you need to know about your local real estate scene? Here are a few questions to ask yourself:
• Is our neighborhood a seller’s,
• If we list our home this month,
• How long is the average listing in ou
• How much are properties like ours in
• How desirable is our neighborhood
looking to move here? Are there currently buyers eager to purchase
a home like ours?
• What are the demographics of buyers
• How important is it to fix up and stag
Getting these local insights will be far more helpful than the national news when you put your property on the market. So, find out what’s happening right here, in your neighborhood.
How do you do that? Call me today.