Smiling: I absolutely LOVE your house (whispering: but I have to sell mine)


Smiling: I absolutely LOVE your house (whispering: but I have to sell mine)
By Scott Rogers • August 27, 2012
I've been on both sides of the table, multiple times, in the past three weeks. Deals that should come together, but won't necessarily, yet. These days, it seems that there are plenty of both.... ....SELLERS who are elated to see so many showings of their house, especially when it is new on the market, and further delighted that buyers have nothing but wonderful compliments about the property and its value in the current market. ....and BUYERS who have found the house of their dreams, and know it is priced quite well, but (BUT) are not yet able to take action, because they need to sell their own house before buying. So, what is each party to do in such a circumstance? Let's flip it around..... If serious about the house they'd like to buy, then BUYERS should quickly get their own house on the market (if it isn't already) to try to generate a buyer in time to make an offer on the house of their dreams. Don't be greedy when listing your home --- price it fairly, and appropriately per the market, so that it has a good chance of selling in time for you to buy your dream home. Don't bother (in most circumstances) making an offer contingent upon the sale of your home, as that can be quickly moved out of the way when a more qualified buyer comes along. SELLERS, balance carefully the pro's and con's of accepting a contingent offer if you should receive one. It can certainly lock in a buyer, but that might discourage other buyers from considering your home --- and if a buyer already has your home under contract, it might make them less anxious to sell their own house quickly. It's a tricky thing, this proposition of buying and selling simultaneously, but it can happen --- and does happen, regularly. When you're ready to buy, or sell, I'd be happy to consult with you and help make the transition a smooth one. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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