Spring Home Selling Season soon ending...what then?

By
Real Estate Agent with EXIT Realty Associates 0225018862

 

Every year here in Prince William County Virginia the spring market is always brisk.

 

Spring market started early in 2015. The lack on inventory had a lot to do with that as well as the tough winter months that dragged on well into March. 

Another reason is we have several military within commuting distance to Woodbridge, Lake Ridge, Montclair, Daile City and Dumfries Virginia. They are  The Pentagon, Foor Meyers, The Navy Yard, Fort Belvoir and Marine Base Quantico Virginia. 

So we are so blessed in this area to have a strong real estate market.

But Memorial Day Weekend is the traditional beginning of summer. The pools open, people are planning their vacations and most relocating buyers have already completed their house hunt and are now loan processing waiting to move. 

So

​what happens when you want to sell your home?

 

You have just learned of a job promotion, or your are ready to downsize or a new baby is on the way and you need a bigger place.

 

Well good planning is needed.
 
There are fewer buyers in summer that will just drive by your home.

 

You see seasoned REALTORS have systems in place to get your home on the market quickly and in front of thousands of consumers within twenty four hours of listing your home. The faster your home sells the better your price. If you opt to sell For Sale By Owner ( especially listed in the MLS)  you may find out the hard way home buyers will make an offer well below your intended list price. Then you have to contend with the whole Zillow home valuation system that claim's your home is worth X and you the seller believe it is worth Z.  Challenging even for seasoned Listing Agents.

 

So what do you do if you need to sell your home in the Summer Months . June, July, August in Prince William County Virginia.

 

  1.  Interview three local REALTORS who know the market well. Learn what it takes to sell.
  2.  Be honest about your drop dead date that you need the home SOLD.
  3.  Check with a lender to see if you can rent the home. If you have modified your loan at some point, or have a condo you may not be able to rent
      it. So do your research.
  4.  
     Be proactive. Spend the $ to get a certified  appraisal right up front  to determine the fair market value of your home
  5.  Pay to have a home inspection done prior to listing so you can get home owner maintenance items repairs prior to listing for sale.

 

 If you choose to sell by yourself. Be prepared to stay around your home morning, noon and night including weekends. When a buyer calls they want to see a home right then. Not a day from now, not a week from now. They want to come right now. Have handouts for buyers to take with them. Make sure you have a real estate attorney lined up to help you with any and all real estate questions. Remember eeverything
works against you when you try to sell For Sale by Owner.  Signage restrictions in Prince William County Virginia  only allow a seller or Realtor  to place signs our Friday after 5pm through Sunday at 5pm. Only five per  Open House. They cannot be attached to post in the median strip. Buyers will be thinking since you are selling For Sale By Owner that you will take less for your home. The whole evade the real estate agent mentality is to save money and make out really well. Right?
 
when do homes sell the fastest in Prince William County Virginia

Getting a SOLD Sign traditionally takes  longer in the summer months.

As long as your have good coaching, a fair market price, good planning and a custom marketing plan.Your home should within 90 days.

 

 

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Home Selling
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Virginia Prince William County Woodbridge

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information!  I hope you have a wonderful relaxing holiday weekend too!

May 22, 2015 12:32 AM #1
Rainmaker
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Richard Daskam
Keller Williams Coast Properties - Signal Hill, CA
Your Real Estate Consultant

Great Post!  Hope you get a lot of clients reading it!

May 22, 2015 12:44 AM #2
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Rainmaker
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Peggy James

Woodbridge Virginia Area Real Estate Specialist
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