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Why March Is a Great Time to Sell
Dated: March 8 2021
Here are four solid reasons why March is a great time to sell your home.
March is an excellent time to sell your home any year but especially in 2021. Here are four reasons why March is one of the best times to sell:
1. Great buyer base in the market. In our current market, buyers are often more flexible about the closing date and have large down payments or are cash buyers. This is a better guarantee for sellers that things will progress to closing. Demand for houses is also high, so more buyers will be interested in your property.
2. Inventory levels are extremely low. You’ve likely heard or read about this already. Low inventory means competition is very low for sellers, it drives up prices, and you don’t have to prepare your home for the market as much as usual. Not as much is required of you to sell your house right now because there are so many quality buyers in the market.
3. Leverage in negotiation. March is a fantastic time to use your leverage when you receive an offer on your property. Many people think March is too soon to list a home, especially if you have children and want to time your next property purchase around their school schedule. However, our team is negotiating superb deals for sellers these days with extended closing dates, rent-backs, and higher prices.
4. Parade of homes has begun. In the real estate world, and especially here in Minnesota and western Wisconsin, the Parade of Homes is the kickoff to the spring real estate market. Buyers will start coming out to take a look at those new construction homes and new technology and getting excited about possibly making a move. However, a new build may not be the right fit for them, so they’ll turn to the resale market. The Parade of Homes always brings out more buyers.
If you ever have any questions about the market or need us to come out and provide an updated evaluation of your home, call or email us. We would love to hear from you.
As a licensed real estate professional in Minnesota and Wisconsin and a nation-wide referral community. I provide much value to facilitating real estate transactions with focus in the luxury and reloc....
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