Calling All Sellers, Now's the Time to List Your Home! by Penny O'Brien, Baird & Warner Naperville
Updated: May 15, 2022
IF YOU NEED TO MOVE, YOU NEED TO LIST
The market is in a bottleneck/traffic jam/standstill/impasse...If you need to move, you need to list! Sellers are worried about finding their next home, but I have yet to have a homeless seller!
HISTORICALLY EXTREMELY LOW INVENTORY has produced a different landscape of real estate phenomenons!
1. GET IT SOLD & RENT IT BACK This gives sellers ample time to find their new home. Sellers are staying in their home an extra 1-6 months! Advantages: A) Buyer gets to lock in a very low interest rate. B) Seller has the equity in hand to write an offer without a home sale contingency, strengthening their offer in a multiple offer situation.
2. JUST GET THE HECK OUT & GO You know you are going to move to FL, TN, SC or Co. Advantages: A) So much easier to buy a home when you are in the state you want to live. B) Take advantage of the extremely low inventory and get a fantastic price for your home! C) You will not have a home sale contingency.
3. THE LONG GOODBYE (close date) Typically, contracts have a closing date that is 4-6 weeks out. List during this crazy low inventory, secure a great price and ask for a 3-month close date allowing you time to find your new home.
ABOUT PENNY O'BRIEN
One word that consistently comes to clients’ minds when they think of Penny O’Brien is “hustle.” As a Seller Representative Specialist, she loves meeting with sellers to discuss pre-market home improvements and guide them to make their home “showtime ready” when it hits the market. She strongly believes in professional staging and offers it as a complimentary service. With a reputation for “good-looking listings,” she helps clients realize a higher return and quicker sale. Penny says “Staging transforms a home from average to amazing”. Penny O'Brien Broker, Relocation Specialist and Negotiation Expert (630) 207-7001 • email@example.com