It can be tricky deciding when to put your home on the market. It is a calculated process that requires much tact and consideration, and can be intimidating for those who haven't been down the road before. Some real estate agents consider it both an art and a science.
A recent article posted in the London Free Press highlights numbers that show a dramatic increase in turnaround on recently listed homes. In fact, numbers like this have not been seen since prior to the 2008 recession.
An excerpt from the article reads:
"Stacey Evoy, president of the London St. Thomas Association of Realtors, said she has heard of houses going $15,000, $30,000 and even $45,000 over asking price. It’s “a very smart time to list your home,” she said, but some buyers get frustrated and are tempted to overbid after several homes have slipped through their fingers. Some buyers don’t even get to see a house before it’s sold."
If you question the value of your home or you've been toying with the idea of listing, give me a call and we can further discuss your options. Let's develop a strategy that puts this recent phenomenon to work for you.
For further information, check out the article featured in the London Free Press here.