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    Buyers & Sellers: Waiting Impacts Your Wallet

    Acting sooner rather than later in the spring market saves you money.

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    If you’re planning to make a move in 2021, what’s the cost of waiting a few months? As a home seller, the longer you wait to put your home on the spring market, the more competition you’ll be up against. Homebuyers are already out shopping, and every day you choose to wait on your 2021 selling plans is a day they look at someone else’s home. We want you to go live on the market when there’s less competition so you can have the pick of the litter and more control over those negotiations to net more money.

    The same market dynamic holds true for homebuyers. If you’re out shopping before the spring market hits its peak madness, your offers will be facing way less competition. Bidding wars are commonplace in our seller’s market, so would you rather compete against five offers or 25 offers? You can certainly win out against 25 other buyers if you have an aggressive approach, but it will cost you more. We want to make sure you keep as much money in your pocket as possible when purchasing your next home.

     

    “We want you to have the pick of the litter and
    more control over negotiations to net more money.”

     

    For buyers and sellers alike, the overall opportunity in the market has changed due to the pandemic. People are changing the way they evaluate their spaces and the type of home they want to live in, so demand is high. Taking action sooner rather than later is the smartest way to maximize your position.

    As always, if you have any questions about this or another real estate topic, don’t hesitate to reach out by phone or email. We are honored to be a resource for you, and we look forward to hearing from you as our spring market continues to heat up.

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