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Taking the Plunge! Ten Reasons Why
Sellers Should Market a Home Now by
Jim Remley, Pro Performer Seminars
 Why
should I list my house now?
Have you heard this question recently? I have and
it can be a show stopper if you don't have a solid
response. In today's hot real estate market sellers
can have many legitimate fears about selling their
home, not the least of which is finding another one
to buy!
The ultra competitive environment of escalation clauses,
multiple offers, and endless showings is daunting
for the listing agent, let alone a seller considering
listing their home. In making the largest financial
decision of their lives many sellers are hesitant
to jump in to the deep end of the pool.
Ten Reason to Market Your Home Now!
- Pricing Power - In most markets
sellers are able to sell for top dollar as low interest
rates and high demand has fueled a rush of buyers
into the market place.
- High Demand - Low inventory in
most markets means that the number of buyers competing
for each home is higher than it has ever been. This
also means that the time it takes to secure an acceptable
offer has dropped considerably.
- Low Interest Rates - Interest
Rates have remained at 30 year lows despite the
fact the Federal Reserve has hiked rates for the
past several quarters. Today's low rates mean more
buyers can afford to purchase more amenities and
pay higher prices than in the past.
- Fewer Contingencies - Because
many buyers have been able to sell their homes quickly
many are able to write offers that are not contingent
on the sale of their home.
- Flexible Financing - Many buyers
today are able to enjoy hundreds of different possible
loan programs from ARMS, to reverse amortization
mortgages, and even no-documentation loans. This
flexibility means more buyers can afford to buy
homes than ever before.
- Timing Control - Sellers who
need more time to move, find a replacement property,
or move into a rental can be more selective in choosing
which offer best suits their needs. They can also
specify their timing needs in advance.
- Tax Savings - Sellers who have
owned their home for two of the past five years,
and lived in their home for two of the past five
years may be able to take up to $250,000 as a single
person or up to $500,000 as a married couple in
tax free gains out of the sale! See www.irs.gov
for details.
- Nationwide Market Expansion -
The national housing market is now at record levels.
This may mean more out of state buyers than ever
before as potential buyers for a sellers home.
- Home Ownership Rates - The number
of American families who own a home is at all time
high - 70%! This is good news for sellers - as more,
and more families recognize the value and wealth
building potential of owning real estate.
- Discounted Rental Rates - Although
home prices have climbed steadily over the last
several months, rental rates in most areas of the
country have not kept pace. This can be good news
for sellers who would like to take their time finding
their next home.
The future is unpredictable. The housing market
like all financial markets is a volatile mix of
perceived values, real values, and future values.
None of us really knows what tomorrow may bring
although there is one thing we can all be sure of
which is that - today, right now in almost every
market in America it is absolutely one of the best
times to sell a home in human history!
-Jim Remley, Pro Performer Seminars
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