How Quickly Should You Sell Your Home?

How Quickly Should You Sell Your Home?

It's a seller's market, but how quickly should you sell your home?

Right now it's such a huge seller's market that it's really easy to fall for the idea that your house will or should sell in one day. But don't fall for it.

A seller's market occurs when months of inventory falls below six months - and we are definitely sitting in a seller's market. However, no matter how strong the seller's market is, we don't believe that selling your house in one day is always your best option.

When you sell your house too quickly, you might be leaving money on the table. In today's market with high buyer demand, when your house is marketed properly, it can take a few days to get all the interested parties and most qualified buyers through your house. If you finalize the deal too quickly, you may be missing out on other offers that would increase the competition and the quality of the terms written in the offer.

So will your home sell quickly? Yes, absolutely. A seller's market will make your home highly desirable and you should expect a few offers on your house within a few days of being on the market. But, if you truly want the most money and the best terms, you're going to want to allow our listing process to work for you. You should still aim to sell quickly and don't cut corners along the way, but let the process do the work so we can ensure that you get the best terms for your home.

Are there situations in which taking an offer on day one is beneficial? Absolutely - let's acknowledge that. However, for most home sellers, they want to see the absolute best terms;  for that, we encourage a couple of days of exposure to the market so you can garner the most attention possible. 

As always, if you have any questions about your unique situation, give us a call. We're always happy to help. Let's talk soon.