Is it worth re-listing your home in a slow market?
When faced with a slow market, pricing your home correctlyis even more important than usual. If you’re trying to sell in a particularly stiff buyer’s market, you may need re-list your home at a lower price in order to remain competitive with locally comparable properties.
A slow housing market affects buyers and sellers equally. While sellers find it difficult to sell their homes, buyers are reluctant to invest as they fear the prices will dip further, once they buy a home. Hence, it becomes slightly difficult for homeowners to convince buyers to buy their house.
Do I have to move right away?
No. You’ll have the flexibility to pick a move date that works for your schedule up to 30 days from closing.
Is there a cost to request offers?
No. Requesting an offer from Shortsleeves Real Estate is completely free.
Am I obligated to accept an offer?
No, you are not obligated to accept any Simple Sale offer you receive.
If you want to know how to sell a house fast in a slow market through home staging, here are some effective strategies to consider:
- De-personalize the house
- Get rid of clutter
- Clean the house thoroughly
- Rent modern furniture and artworks
- Let in more natural light
House prices and reductions
If you regularly keep an eye on house prices in your area, which lets face it, most of us spend far more time on right move than we should, then it can be a good reflection of the market. If you see lots of price reductions, and the properties staying on the market for a long time, then that would indicate it’s slow. On the flip side, if you see houses selling very quickly and the prices consistently increasing, it indicates higher demand.