PLEASE NOTE we are now brokered by eXp Realty. Call or text Alisha Collins, eXp Realty at 307-247-1806 or email at alisha@casperpowerhouse.com We are excited to talk with you!
What Are Home-Buyers Even Looking For? We Want To Set You Up For Selling Success. Watch this series video to find out how to have selling success.
Move-in-ready is still the top contender, especially now that new-construction homes are taking so long to build because there are so many people who want them.
Updating existing homes with similar size and amenities are for sure a favorite. If your home needs some updating, a buyer is going to respond in kind with an offer that reflects the quality of the home and the updates they perceive will need to be done.
Most people still won’t spend more than they should for a property, even when the market is strong in the seller’s favor. But if someone decides they love it so much they do agree to pay an inflated price, because they in most cases will be using a loan to purchase the property, the home will still have to appraise for the contracted price.
Believe it or not, this is one of the biggest obstacles we’ve been facing lately: homes not meeting appraised value, coming in lower than the negotiated price because of the condition or it is not move-in ready. Some appraisals are coming in lower, under the contract price. These low appraisals are much more common than in years past.
Sellers are sometimes aggressively overpricing homes in the process to try to get as much as possible for them, either not aware of or not concerned with the fact that the house must appraise, but that’s a whole ‘nother issue I’m going to talk about later in this selling series.
If you would like more information about selling your home, click the link below or send us a message. We’re here to make your real estate hopes and dreams come true, because our focus is always real estate, relationships, and results. We want to set you up for selling success.