Thursday, April 9, 2009

Is it time to sell or should I wait?

I am faced every week with Homeowners who are questioning if now it the time to sell or should they wait til the market "comes back". I feel that we still have some adjustments to go, York has been trailing way behind the national averages and is just coming into our "peak" of foreclosures and homeowners falling behind on mortgage payments. This leaves us with some softening in prices still to come.

Right now buyers are out there taking advantage of the "Spring" season, low interest rates (4.5-5%) and the 1st time buyer tax credit of $8000. they have been told its a buyers market and so they are getting in on it.

Over the last 2 months I have not been able to keep listing inventory as they are selling. Often we are finding ourselves as sellers with multiple offers. My sellers are getting full asking price without having to pay closing costs or are able to add the closing cost that the buyer wants/needs to the price of the property---again giving them their full list price.

As an ASP (Accredited Staging Professional) I am able to assist my sellers with having their home enter the market in "move in" condition therefore buyers want to react quickly and are willing to pay full price(of course it must be priced within the market comparables).

Whether you live in your home and need some enhancement staging services or your home is now vacant we can pull it together and GET STAGED to GET SOLD.

As a homeowner how do you feel staging can help you in this market?

As a buyer how does homes that are staged help you with the buying process?

As another Real Estate Professional what are your experiences on assisting your clients with staging?

thanks,

Kimberly