Summer is the New Spring for Real Estate [INFOGRAPHIC] | MyKCM
How Sell Your Home

Some Highlights

  • The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer.
  • Check these 10 items off your to-do list so your house is ready to sell while buying is hot!
  • How to sell your home? Let’s connect today to prepare your house for the sizzling summer market.
How To Sell Your Home

Buying and Selling Homes Is Alive And Well During The Pandemic

How to Sell Your Home

As a real estate consumer, you need to know that the housing market is currently one of the bright spots in the U.S. economy.

Surprised? You’re not alone.

Sure, the processes have changed a bit and some lenders have changed their lending standards, but overall, the real estate market looks very much like the pre-pandemic market.

If you’re considering buying or selling a home in the near future, read on to learn about some of the changes.

The national market, in a nutshell

While March and April home sales plummeted, there are nuggets of wonder in the rest of the statistics.

Want to hear something surprising? Demand for homes is higher now that it was before the lockdown and prices continue to rise.

In fact, homebuyers vastly outnumber sellers in the current market. “More than 41% of homes faced a bidding war in the four weeks ending May 10,” according to Diana Olick at CNBC.com, citing a recent study.

For comparison, only 9% of homes for sale experienced bidding wars in January, pre-U.S. pandemic.

To add to the excitement, “mortgage applications from buyers jump 11%,” according to the folks at CNBC.com.

The authors add that they expect the frenzy to continue as the lockdown is eased. Perhaps then those wanting to sell will jump back into the market. How to sell your home to these eager buyers.

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3 FAQ On Selling A Home And The Answers You Need

How to Sell Your Home

You have questions and we have the answers. If you’re thinking about how to sell your home, read on.

1. Is there a best time of the year to sell a home?

Although homes sell year ‘round, the “best” time to sell depends on several factors. If your need is for speed, put the home on the market in winter. Surprised?

Homes for sale in winter have a 9 percent better chance of selling, they sell one week faster than during the other three seasons and they generally bring in more money. These statistics apply to all regions of the country, from the frigid northeast to balmy Waikiki.

When November rolls around, home sales tend to decrease about 8 percent. By January, we’ll have seen another 19 percent decrease. And, it only makes sense. With the media constantly harping on how winter is such a horrible time to sell, homeowners typically ride out the winter and wait until spring to list their homes.

This leaves the winter seller with less competition. And, since winter buyers are generally more motivated than those who shop during other seasons, having less competition in the market is a good thing.

The next best time to sell a home is fall, according to the National Association of Realtors. They cite the facts that fall buyers want to get into their new homes before the holidays and the weather is still conducive to house hunting.

Sure, you can put your home on the market in the busiest season, from May through August. That’s when 40 percent of all home sales occur. But, remember, you’ll have lots of competition, so if you need to sell quickly your home will need to be carefully prepared for marketing. For more tips about how to sell your home click the link below.

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Buying or Selling a Home? You Need an Expert Kind of Guide

Buying or Selling a Home? You Need an Expert Kind of Guide | MyKCM
How to Sell Your Home

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price on buying or selling a home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer. How to sell your home?

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6 Reasons Why Selling Your House on Your Own Is a Mistake

6 Reasons Why Selling Your House on Your Own Is a Mistake | MyKCM
How to Sell Your Home

There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering how to sell your home on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following:

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Yes, Americans are still buying and selling homes

how to sell your home

One of the questions we’re asked almost on a daily basis is “How’s the real estate market?” Most people we speak with assume that, because of the pandemic, it’s come to a screeching halt and that prices have plummeted.

How to sell your home? Neither of these assumptions are true. In fact, people are still buying and selling homes. We’re not seeing the volume of activity that we usually see in the spring market, but the market is not stagnant.

Prices have remained much the same as they were before the onset of the pandemic, much to the dismay of homebuyers. How to sell your home? Home sellers are digging in and few are willing to take rock-bottom offers.

It’s the low interest rates, however, that keep homebuyers in the market.

How to sell your home effectively? How does real estate work in a country under attack by a virus? It’s different, that’s for sure. But the workarounds to maintain social distancing have actually turned out to be quite efficient.

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Do These 5 Things If You Want To Sell Your House

Tips on how to sell your home

There are throngs of homebuyers and not enough homes on the market for them to buy. Like last year, 2020 should see continued robust buyer demand, according to George Ratiu, Realtor.com’s senior economist.

This is wonderful news for any homeowner who is considering selling. But, despite the fact that demand is high and supply is low, there is still competition in the marketplace and buyers are still particular about the homes they agree to view. How to sell your home fast?

Let’s make yours one that is high on their list by doing 5 things to get homebuyers out of their cars and into your home.

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Hiring an Agent to Sell Your House May Cost You NOTHING!

how to sell your home

How to sell your home? There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide:

  • Greater exposure to more buyers
  • The skills of a professional negotiator
  • A layer of protection from possible legal liabilities
  • Professional guidance in navigating any pitfalls that may arise
  • A level of safety while showing the home

There is no doubt that these services are valuable to any family that decides to sell. The only question is – how valuable? One of the main reasons For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe these services are not worth the fee an agent charges. But, what if those services didn’t cost the seller a penny?

There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide:

  • Greater exposure to more buyers
  • The skills of a professional negotiator
  • A layer of protection from possible legal liabilities
  • Professional guidance in navigating any pitfalls that may arise
  • A level of safety while showing the home

There is no doubt that these services are valuable to any family that decides to sell. The only question is – how valuable? One of the main reasons For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe these services are not worth the fee an agent charges. But, what if those services didn’t cost the seller a penny?

How to Sell Your Home Ideas Continue Reading…