Is Now A Good Time to Sell Your House?
It may seem hard to believe, but even though we’re in the middle of a pandemic, housing prices are hitting new record highs. This makes many homeowners wonder if now is a good time to sell their house. After all, higher prices usually mean bigger profits–right?
If you’re considering selling your home right now, here are some things to consider:
Is It Really A Good Time to Sell A Home Right Now?
Yes, it is! According to the Mortgage Bankers Association, applications to purchase a home were up by 40% (annually) during the first week of September. This selling trend doesn’t seem to be slowing down, either.
How Much Competition Do You Have Right Now?
While it can vary from market to market, there is currently an inventory shortage in the Georgia housing market. In fact, many homeowners are getting multiple offers almost right away, so one of the things we should discuss is where you plan to move once your home has sold.
Is It Safe to Sell Your Home?
Every day we hear new and often confusing news about the pandemic. Naturally, this has created some challenges for buyers and sellers.
As a seller, you’re opening up your home and living space to complete strangers who could infect your family members with the virus. While this is a risk, there are ways to offset the possibility of exposing the virus to you and your family.
- Only allow buyers who are pre-approved for a mortgage to schedule a tour of your home. This ensures they are serious about buying a property and you won’t have so many ‘window shoppers’ wanting to see your house.
- Let a qualified real estate agent handle the sale of your home. They will take steps to ensure that precautionary safety measures are taken by all who enter your house.
- Set up hand sanitizing stations near the front door so that buyers can access them when they arrive to see your home.
Are You Ready to Sell Your Home?
There has never been a better time to sell a home. If you are thinking of selling your house, you need a trusted, experienced real estate professional like Bill Hornsby, who understands today’s Metro Atlanta real estate market. Call him today at 770-861-1003 for a free, no obligation phone consultation, or to schedule a listing appointment.