Real Estate Today
Selling a home in 2024
Jan 12, 2024
Realtor.com Chief Economist discusses increasing housing inventory. Realtors share selling strategies, benefits of selling in winter. Appraiser shares tips for getting best appraisal price. Also, explores advancements in smart home tech and TV technology.
36:53
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Quick takeaways
- Selling a home in winter can be advantageous as there is less competition from buyers and potential for higher prices.
- Limited inventory in the winter real estate market can attract serious buyers, create urgency, and lead to quicker sales and multiple offers.
Deep dives
Selling Your House in Winter: The Advantages and Benefits
Selling your house in winter can be advantageous as there are fewer buyers in the market, but the ones that are looking are serious buyers. Additionally, there is typically less inventory during this time, which means less competition for sellers. Although curb appeal might be compromised due to winter conditions, serious buyers will look past that and focus on the house itself. By pricing the house competitively and in line with the current market value, sellers can attract serious buyers and potentially sell their house at a higher price.
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