Tuesday, May 26, 2015

Did You Wait Too Long To List ?



Many homeowners are seeing the high activity of homes coming on the market and how they are immediately coming off the market, many with multiple offers of list price and in many cases higher. Those same homeowners are now wondering .... is it to late to list ?  This blog will help you get your home listed and what you should look for to be one of those "sold" homes !

Make Sure You Choose The Right Agent ! 

  • This is always important but if when selling your home you need to also buy a home you will want to make sure that not only can your agent list your home but have the ability to work for you as a buyers agent.  
  • If your looking into re-locating outside of the area than you will not only want a good agent but a good company with offices & locations outside of Long Island.  Always remember in real estate the "last name" of the company is what matters ! 
Make Sure Your Realistic ! 
  • Before you put your home on the market, you should call a mortgage representative, once you know what you will be able to look for on the "buy side".  Just like inventory is low and your home well sell quickly if it is properly priced and marketed you will also be experiencing a very active competition of buyers ! 
  • If all goes well you will be okay with the inventory and ok with the competition of buyers.  Next you need to have a time-frame for when you want to be in your new home ! This is where working with an agent for both to make it a seamless transaction is important.  If you have flexibility of time and are ok with a small relocation in between this is something you must share with your agent.  
Get Ready To Move ! 
  • Any good agent will want to move quickly, but be sure not to forget that you still must be providing buyers with a complete listing ! Your listing is the groundwork for a successful sale and without it you will not see the results that you may be expecting.  You can find a full blog dedicated on what goes into a full listing here
  • Normally we tell homeowners that de-cluttering is a good idea, but with inventory moving quickly I suggest rather than decluttering you begin your move.  Many people do not want to pack twice looking into storage units or pods for items you know you will not need during the summer season can often time help sellers who want to make a quick transition.  
  • You should also prepare yourself for showings and open houses.  Make sure you find a realtor that you are comfortable with being in your home.  This will help make all those calls easier simply by you not having to be home for all of them ! You will also be spending a lot of time finding your new home so you will have the ability to have the time for shopping rather than showing ! 
If you are still considering selling your home than take the first step and have a Comparative Market Analysis done on your home ! This is the first step and if you choose a Full Service Brokerage than it is still possible than come the fall you can be in your dream home ! 

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