I am sure you keep hearing the news that it is a seller’s market in Western Massachusetts…”It’s a great time to sell!” is being shouted by every REALTOR everywhere.
You may be thinking that you would like to sell and reap the rewards of this boom, BUT….. you are super hesitant because you are looking online and there doesn’t seem to be any homes on the market for you to buy.
This is the SELLER’S DILEMMA.
You think to yourself: I want to sell and get top dollar, but I don’t want to be homeless SO I guess we need to stay put until something comes on the market.
Here is the problem with that plan: When that something comes on the market, you still have a house to sell which makes your offer less appealing to the seller of the house you want. Other people are undoubtedly going to be interested in the house you want, also, so now you are competing with an albatross of a house sale contingency.
Seems like an unsolveable problem, doesn’t it?
WELL I CAN SOLVE IT.
What would you say if I told you there is a way we can get your home on the market NOW while inventory is low and you are likely to get a lot of interest and potentially multiple offers on your current home while also giving you the opportunity to have some time to find the next home of your dreams? What? You don’t believe me? We can do it!
OK so here is the plan. Inventory is at a super low status right now. As of the writing of this post there are only 43 single family homes priced $200,000-$400,000 for sale in Westfield, Southwick and Agawam combined. This number is ridiculously low.
What does that mean? That means RIGHT NOW is when to get your house on the market – little competition creates a supply and demand situation that you can reap the rewards on.
Now onto the second part of your concerns: where are you going? Some people opt to move into temporary housing with family or renting. Maybe that isn’t a good fit for you, however. If you don’t have somewhere to crash in between homes then let’s make your sale SUBJECT TO SELLER FINDING SUITABLE HOUSING.
What does that mean? That means we can get a buyer locked in on the sale of your house while inventory is low and we can grab a high sales price and also, we build in time for you to find the next home. Now, most people think that the traditional “spring market” starts in April and they are waiting to put their homes on the market. Come April we will see a lot more homes being listed, giving you the opportunity to find your next home AFTER you already have a buyer in place.
That makes you a more attractive buyer. You are a step ahead of the competition which will gain you negotiating power on that sale. WIN/WIN.
So you see….you don’t have to worry that you may be made homeless if you put your house on the market now. You will get a jump on everyone else and reap the financial benefits.
Want to talk it over? Let’s get together! After 31 years in this business I have LOADS of strategies to share with you!
Lesley Lambert, Western MA REALTOR with Park Square Realty 413-575-3611
