Seller Secrets For This Spring's Real Estate Market

Everyone knows it's been a very long winter,
buyers are itching to get out and start house hunting!

Spring is officially here, and the Real Estate Market is picking up! 

Here are 5 market insights that will give sellers a head start!

1.  Right now is a Great Time to Sell!  Mortgage rates are still at historic lows, so buyers ARE poised  to buy and ready to hit the streets.

2.  Did you know that 60% of home sales happen between May and August? Putting your home on the market at the beginning of the selling season will help your chances of snagging a winning offer before buyers turn their attention back to school starting in September.

3.   "The Price is Right!"  Pricing is a critical component to getting your house sold. With this fluctuating market, you need to look at comps of similar homes in your area, and recency matters: make sure you’re looking back no more than 60 days. The sale price of homes that sold recently paints a much better picture of what to expect than the price of homes that sold six months ago (or of homes that have yet to sell).

4.   Get a Jump Start on the Competition!  Right now we’re on the cusp of prime selling and buying season, and if you list soon, you’ll have less competition than you would if you put your house on the market in May or June, when more homes will flood the market. Since it’s still early, your home can have its ‘moment in the spotlight’ more than it will when inventory increases.

5.  We're in the midst of the Mobile Era!  A significant percentage of buyers use smart phones to start their home search online. And that percentage is expected to rise this year as more buyers take advantage of easy access to the wealth of information online. Get in on this trend by making sure your home pops on those computer screens. Great homes with mediocre quality photos will be quickly discarded and ultimately get less showings. Sellers should insist that their agent take the time to beef up their online listing so the quality of the home jumps off the screen and gets buyers’ attention!

**By the Way:  There is a KW app that can be downloaded unto your mobile phone or tablet! This  allows buyers easier access to properties that they would like to view and puts your seller properties at the buyers finger tips!!