How will you stay competitive when the market shifts more towards buyers? As we enter the New Year of 2024, what can we expect from the housing market? It’s hard to say this soon into the year, but if housing inventory rises, it’s good to have a plan! Here’s a strategy if this year turns into a buyer’s market and you need to sell.
You could sell to one of those instant offer companies, although they will just want to make a large profit off your equity & charge around 6.5% in fees. We have a better solution that offers more value & less fees.
Here’s how our 1.5% Listing Fee* cannot only save you money when selling your home but also give you a competitive edge in the marketplace, if and when the housing market cools. Don’t look at only the savings you get, but how those savings can be applied to getting your home sold when the market has cooled and there are fewer buyers. Here are just a few examples on using this program to get your home sold successfully all the while saving more of your equity.
Repairs/Upgrades: Use the savings to make necessary repairs to the home or make buyer requested repairs during the inspection period. Don’t lose a buyer due to needed repairs and not having the funds to get them done. We even work with contractors that will wait until closing to get paid, so there is no out of pocket expense if possible until your home is closed.
Seller Concessions: The saving could be applied to helping the buyer(s) with closing costs. When the housing market cools and inventory starts to rise, make your home easy to buy with the offer of concessions. This is a great way to stand out from the competition and secure a home buyer.
Higher Compensation to Buyers Agent: Part of our consultation is to help determine the compensation to the buyer’s broker. While we only charge 1.5% Listing Fee, you can use the saving to increase the advertised/offered buyer’s agent compensation when they procure an accepted offer & close escrow. Agents will work hard to bring potential buyers to your home and earn slightly higher compensation.
Competitive Pricing: Your home pricing strategy is an important factor when selling your home. Depending on the homes features/ condition and your timeline, we’ll help you determine a price that’s competitive in the marketplace and gets you a great value. Every community has a pool of buyers looking for the best value and we want to make sure we get the strongest buyer.
