If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Dated: May 16 2022

Views: 67

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today | MyKCM

 

In today’s housing market, homeowners in Charleston have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things:

These buyer needs give you an amazing advantage – also known as leverage – when you sell.

What Does This Mean for Sellers Today?

You might already realize this enables you to sell at a good price, but you’re also in a great position to get the best terms to suit your needs.

According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), the average home sold is receiving 4.8 offers. That’s why there’s a good chance you’ll get offers from multiple buyers who are willing to compete for your house. When you do, you should look closely at the terms of each offer to find out which one has the best options for you.

And if you have questions at any point in the process, remember your trusted real estate advisor can help. They’re experts who understand the fine print, know how to compare the terms of various offers, and will help you select the best one for your situation.

Bottom Line

If you’re thinking of selling your home in Charleston, knowing buyer demand in today’s market gives you a great opportunity to get the best terms and price when you sell your house. Let’s connect today to discuss how much leverage you have as a seller in today’s market. Call Smith Group Real Estate today ~ 843-804-5181.

 

Smith Group Real Estate services the areas of Mt Pleasant, Daniel Island, Wando, James Island, Johns Island, West Ashley, Hollywood, Ravenel, and the Beach communities of Isle of Palms, Sullivan’s Island, Seabrook Island, Kiawah Island, Folly Beach, Wadmalaw Island, Edisto Island and Edisto Beach. We also sell real estate in Summerville, Hanahan, Goose Creek, Ladson, N Charleston, and Moncks Corner.  We also have agents in Myrtle Beach, Beaufort and Hilton Head.

Be sure to ask whether your home qualifies for a Free Home Warranty, Free Pre-Listing Appraisal, Free Home Inspection, and/or Free 360 and Aerial Photography!

Blog author image

Michael Smith - Smith Group Real Estate

My Team specializes in all things Charleston Real Estate... Both Commercial and Residential! Welcome to the Best Home Search website for the Low Country of Charleston, South Carolina. My name is Micha....

Latest Blog Posts

Local Market Report for June 2022 Charleston, SC

Local Market Report for June 2022Charleston, SC Here are the latest housing market statistics for Charleston, SC! If you'd like more detail on the market, what's available or how much your home

Read More

A Key Opportunity for Homebuyers

A Key Opportunity for Homebuyers There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles

Read More

The Average Homeowner Gained $64K in Equity over the Past Year

The Average Homeowner Gained $64K in Equity over the Past Year If you own a home in Charleston, SC, your net worth likely just got a big boost thanks to rising home equity. Equity is the

Read More

Renting and Unsure If You Should Buy?

Renting and Unsure If You Should Buy?  Are you ready to make the leap to becoming a homeowner? The benefits of owning your home are: Tax BreaksEquity and Financial GainsStable and

Read More