Sellers: Are Getting Multiple Strong Offers This Season

Are you thinking of selling your house right now, but un-sure you’ll have the time to do so as we approach the holiday season?    Consider this: even as we near the holiday season, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you.

Today’s buyers are still dealing with a limited inventory there aren’t many homes for sale.  Thanks to continued low inventory, these buyers are competing with one another for their new homes. And when that happens, if your house is one of the few on the market, it will rise to the top of the pool – and it will be worth it. (Supply/Demand)

According to the latest data from the National Association of Realtors (NAR), the average seller received 3.7 offers on their house in September. For a view into what’s happening at the state level, take a look at the map below    

 

Florida is matching the Nationwide number, on average the seller, today is getting nearly four offers. That number is significant because it means you’ll likely have multiple offers to pick from if you sell your house this season. To put things into perspective, no matter where your state falls, remember that you only need one good offer to close the deal.

Any offer you receive will likely be from a highly motivated buyer who’s doing everything they can to beat the competition. The stakes for buyers are high. They’ve been looking for a house and they want to lock in their dream home before prices and mortgage rates rise further next year. Chances are, they’ll get creative with the terms of their offer, which could include waiving contingencies and offering over the asking price – both of which are great news for you.

If you’re on the fence about when to sell, remember your house is a hot commodity this season. As other sellers take a break for the holidays with plans to re-list their homes in the new year, you can put your house in front of motivated buyers by making your move today. That means your house will be the center of attention, and likely the center of a bidding war too.

Take Away

Selling now gives you even more opportunity to win big as buyers compete for your house in today’s market.

Contact us today if you are looking to Sell, Purchase, Invest or Lease in South Florida Real Estate