Yes, even with everything going on in the world right now, it’s still a good time to sell your home. It may seem like the last thing you want to do right now, but selling your home offers plenty of benefits, even with the current situation.
Let’s look at five reasons why now is a great time to sell your home in Mint Hill, NC.
1. Less Competition
With the coronavirus scaring many sellers away from listing their home, you’ll have fewer homes to compete with. There are still buyers looking for homes, and fewer sellers will help move your home to the top of their list.
Whenever you can enter the real estate market without as much competition, you’ll be in a better position. You might even get a bidding war started on your home if enough sellers decide to delay.
2. The Market Will Be Crowded This Summer
It’s still spring and the major buying and selling season of the summer has not arrived yet. Pair the time of the year with the current situation and you have the making of a great time to sell your home.
If you wait, you’ll join the crowd of sellers waiting, along with the busiest season of the year for real estate. This summer could be even busier than normal when it comes to Mint Hill real estate with so many sellers waiting.
Entering the market as a seller during the summer could end up putting you in a market favoring the buyer or at least not favoring the seller as much. This could mean you struggle to find enough interested buyers to drive your home’s price up since so many sellers will be waiting.
3. Interest Rates are Super Low
In order to keep the economy going strong, the Federal Reserve has lowered interest rates to an all-time low. This means buyers that might have waited will consider entering the market right now.
With an influx of buyers and fewer sellers, this could turn out to be the perfect time to list your home for sale in Mint Hill, NC.
4. Second Thoughts Could Set In
If you wait, like many will, buyers could start to have second thoughts and it could be very difficult to find buyers for your home. Selling right now gives you a leg up as you avoid any doubts buyers may have if things get worse before they get better.
There is a possibility the coronavirus panic could last longer than some may expect. If this is the case, it will become difficult to find buyers for any home for sale, even if your home is perfect.
5. Virtual Tours Make it Easy to Sell
Most homebuyers already start their search online. Many people have even bought homes from looking online without ever seeing it in person. While the coronavirus may shut down open houses, it won’t stop virtual tours.
As a sell, virtual tours give you the ability to sell your home to a large number of people working from home and online right now. People are stuck at home and you have their attention. If you sell now, and you have a good virtual tour, you may attract more buyers than you could have with an open house.
There are many good reasons to sell right now, even though it may not seem like the time to sell. Following the crowd usually leads to mediocre results, or worse. Why not go against the crowd of sellers waiting and get your home sold now, while buyers are still searching?
I would love to be part of your journey when the time is right for you. If you ever have a real estate question or need, or know someone who does, trust that you can turn to me. I will help you make the right move! Anna Granger 704-650-5707 | annagrangerhomes@gmail.com | www.1stchoicepropertiesinc.com
