With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they're concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell-whether to upgrade or find a new neighborhood-there are a few ways to combat the low inventory.
Look to buy firstIn most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see anything on Zillow, it doesn't mean you can't or won't find the right home.
Think outside the boxBe proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have your real estate agent send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legallyEach state varies in how the purchase process is conducted. Talk to your real estate professional about adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.
Author:Randa Harper Phone: 469-200-0163 Dated: April 6th 2017 Views: 179 About Randa: ...
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
1. The market conditions have changed. It is a SELLERS market! 2.
"Tom Davis is THE BEST realtor! He was in constant contact with me during the entire process. Tom is so knowledgeable, he was able to answer every question and concern that I had immediately. He was very honest and showed me defects of the houses, along with great selling points. Tom always made time to show me each and every house I wanted to see. He then fought for me to get the best deal on my home. I will definitely be sending my friends and relatives to Tom. When it's time for me to upgrade and buy a bigger home I will be giving Tom Davis, the BEST REALTOR a call to help me again!! "