If you have a home to sell, you’re still in the driver’s seat. If priced appropriately, you can expect a flood of interest and multiple offers within the first 7 days on the market. Although it can be easier to sell in this strong seller’s market, there are some challenges that come along with it. For example, many buyers/investors are making offers on multiple properties at a time, offering sight unseen and using lenders inexperienced with Arizona’s real estate market and forms just to name a few. In any market, getting from offer to close is tricky, even more so if you’re also buying a home at the same time. 

My advice to seller’s in this market is to plan carefully for your move (and stop using Zillow for your home value). Unless you’re downsizing, you’re likely making more money than you dreamed of in your current home, but also spending more than you ever anticipated on a new house. There are always unanticipated costs that seller’s forget to budget for including listing preparation, repairs, closing costs, debt payoff, real estate fees and commissions. Planning with your agent will help you get aligned on the best strategy to meet your goals.

We have been meeting with clients weekly to plan their moves and we’d love the chance to create a strategy with you.  If you’re considering a move, set up time with me here. 

Lindsay Fricks & Team, Helping you, your family and friends Live & Love in Arizona.