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It’s a changed market

What you should know

Created date

December 26th, 2012

Personal Moving Consultant The real estate market is different today than it was just months ago. In some areas, buyers are waiting anxiously for properties to enter the market. Currently, the listing inventory is at the lowest it s been in years, says Erickson Living-preferred real estate professional Jeff Packer of Coldwell Banker. As a result, there is less competition, which means homes are selling closer to the listing price and in some cases over the listing price. For this very reason, it s a great time to sell your home now so as to not get caught with everyone else listing their home in the spring.

Buyer demand varies

Relying on news reports to obtain knowledge of current real estate conditions is helpful, but it doesn t tell the entire story. Buyer demand varies neighborhood to neighborhood; to gain a true understanding of market value on a specific area and property type, it is crucial to examine relevant comparable properties. A real estate professional can share detailed information specific to your area. Realty and Moving Servicesoffers people planning to move to an Erickson Living community regular property updates along with personalized professional recommendations. By meeting with a Realtor early, it helps make sure we have the time to get all the prep work done prior to listing the home and could help us uncover potential issues to selling the home, Packer explains. Being one of the first listings before the spring season can put your property in the spotlight. But, even if you do not plan to list right away, staying informed about your home value serves you should plans change unexpectedly. The world today keeps changing faster and faster, so it is crucial for sellers to have a Realtor to act as their advocate, say Gary and Ellen Newville of Hall & Hunter Realtors. The advantage of knowing your current financial position can make all of the difference when faced with an exceptional opportunity or an unforeseen challenge. Talk to your real estate professional now to maximize your place in today s market. You may very well find buyers just waiting for a property like yours to enter the market!