With rates rising, now may be the best time to sell.
What do rising interest rates mean for consumers in our real estate market?
For one, rising rates mean there will be downward pressure on home prices, and homebuyers will be able to afford less than before. It also means now may be the best time to sell. We all watch the stock market waiting to see when’s the best time to sell. None of us have a crystal ball, but now is a great time to do so. As I’m sure you’re aware, inventory is very low, and prices for anything that’s for sale are going through the roof.
If and when you decide to sell, the next step is choosing the right agent to handle your sale. Many agents make the mistake of closing up shop once they’ve gotten their clients three or four offers just so they can accept one. I’ve even seen agents accept offers for homes that haven’t even been shown yet. In my opinion, this is a big mistake. It’s our job to get you the most money possible from your home sale, and there are many strategies my team and I have employed to do just that. I won’t go over them today, but you’re welcome to call me anytime to discuss them further.
Now may be the best time to sell.
What about buyers? I had a client call me yesterday who’d been working with an agent for a couple of years and made numerous offers on homes without ever getting one accepted. They were very frustrated, and they eventually told me, “I need someone to just tell me what to do—just tell me what to do to get the home.”
I just want you to know that I’ll do exactly that. Whether you like what I say or not, I’ll be honest and tell you what to do to get the home you want. The same goes for if you want to sell your current home for top dollar. I won’t be passive about it, and this client hired me for that reason.
If you’d like to know more about our market or my strategies for getting the best deal possible, whether you’re buying or selling, don’t hesitate to reach out to me. I’d love to help you.