What Sellers Are Expecting in Today’s Market
Forty-three percent of sellers expect their home will go for over listing price.
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Best Time to List a Home in 2022
April 10-16 is the best time for sellers to list, according to Realtor.com®.
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Sellers’ Profits Surge Amidst Price Increases
Sellers received a profit of $94,092 on average, up from $64,931 in 2020 and up 71% from $55,000 in 2019.
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Selling a Home is Costlier than Expected, Survey Says
Eighty-six percent of sellers in a recent LendingTree survey either strongly agree or somewhat agree that the homeselling process was more expensive than they had expected.
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Inventory Remains Biggest Challenge for Agents
Forty-three percent of agents said they think inventory will increase over the rest of 2020, while 33% believe it will remain steady.
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What Do You Wish Sellers Knew Before Starting the Process?
“I wish my sellers knew that it’s a seller’s market right now with extremely low inventory, and many buyers looking to purchase. Pricing the process at the correct price is very important,” said Terry Solomon-August, president of the Luzerne County Association of Realtors®.
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How kids impact the buying and selling process for families
The quality of the schools and the closeness to the schools are the top features parents consider when looking for a home to purchase. The top problem parents report running into is actually finding a property that suits their family’s needs.
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House sitting on the market longer than you’d like? Here’s what to do
“Sellers could list their home and expect good showing activity and sometimes, even multiple offers. Now that we are moving to a buyer’s market, sellers will have to change up their strategy with fewer buyers available and rising interest rates,” said District 8 Vice President Adam Conrad.
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When is the best time to put a home on the market?
According to a recent realtor.com® study, homes that are listed the first week of April get more views, sell faster and have less competition.
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Biggest mistakes both sellers and buyers are making
PAR’s leadership team chimed in on what the most common mistakes they see in their day-to-day business.
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