On The Fence About Selling Your Home? Competition Is Coming!
September 29, 2017
If you are on the fence about selling your home, you may want to consider the possibility that competition is coming! Did you know that new construction is on the rise and the number of permits for single family homes rose by 7.7% since last year at this time? You can view the census data yourself by clicking: New Construction Homes On The Rise. Resale homes may struggle to compete with what we like to call the “shiny new penny syndrome!” Brand new homes can be very appealing to home buyers, even though they will require additional investment from the home buyer to finish off the landscaping, interior (blinds/appliances/decor/paint/etc). Many people are attracted to new homes because they are just that…NEW! They like the idea of being the first people to live in a home and to have the opportunity to customize the home to their design preferences. They may also like the new home warranties that come from the builder and/or product manufacturer.
However, there is a lot of value to be found in a resale home, especially one that has been impeccably maintained both inside and out. As a potential home seller, you need to put your “buyer’s hat” on and look at your home and make a list of what your home has to offer in comparison to a new build. What can you do to make your home more attractive? Curb appeal, upgrades already done, backyard landscaping and/or pool complete? There will always be buyers who are looking for a home that is completely move-in ready and they are not willing to consider a new construction home because they know that it will require a lot of extra work and financial investment after closing. These are the home buyers that you should think about when pricing and marketing your home for sale. It is important to work with a Realtor who knows what it will take to compete with all of the new construction homes that will be hitting the market in the coming year. We would be honored to not only help you prepare your home for listing, but we will offer expert guidance and support throughout the process. We don’t just plop a sign in the front yard and wait for a buyer to come along, but we actively market your home to potential buyers in the area, we follow-up with each agent for feedback after showings, and we will work hard to negotiate the best possible deal for you once an offer comes in!
If you have questions regarding home inspections or the home buying process, then please don’t hesitate to reach out! We are here to help you in whatever way that we can and will always return calls and emails in a timely manner. Your questions are important to us and educating our clients is one of the most important (and favorite) parts of our job!
As full-time, experienced Realtors living and working in the areas of Queen Creek and San Tan Valley Arizona, we are always available to answer your real estate related questions. If you are interested in buying or selling a home in Queen Creek or San Tan Valley Arizona, or if you would simply like a FREE market analysis of your property, then please do not hesitate to contact Karen Berg at 602.919.2375 or Keely Semon at 480.220.1321.
Of course we’d love to help you any time you need to buy or sell, but we’re also here for you any time you have a question about the market. You can also feel free to call if you’re simply curious about the listed or sold price of a house down the street. We’re looking forward to hearing from you soon!