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5 Reasons to Sell Your Home

It’s a seller’s market right now, meaning that if you’re ready to sell your property, now would be a great time to do it; you’re likely to have a quick and profitable transaction. If you’re still on the fence about it, here are five reasons why this is the perfect time to sell your home.

1. Supply and demand: buyers want your house! 
Buyers are hungry for homes right now, and they are actively looking. According to  ShowingTime, which tracks the average number of buyer showings on residential properties, buyer showings are up 51.5% compared to this time last year. Many homes are getting 50 percent or more requests this year compared to January of last year, so the attention from competitive buyers puts you in a great position as the seller.

2. There aren’t enough houses for sale.
Purchaser demand is so high, the market is running out of available houses for sale. While home sales are strong across the country, the National Association of Realtors (NAR) notes that the inventory of existing homes for sale continues to drop significantly. Houses are essentially selling as fast as they hit the market; the imbalance between high buyer demand and a low supply of houses for sale gives sellers an advantage.

3. Sellers have leverage in today’s market.
According to NAR, agents are reporting multiple offers per house, which means that sellers can use their leverage to negotiate the best possible contract, meaning that now is the perfect time to sell for the most favorable terms.

4. It’s a great way to use your home equity.
Equity grows during your time as a homeowner, which is money that can be put toward bigger goals. As home values appreciate, many homeowners consider using that equity to purchase a larger or more attractive home.

5. You can find a home that meets your needs.
The year 2020 has caused many people to shift priorities in terms of what is needed in a home, because many people have spent a lot of time in the house either on lockdown or working remotely. Whether you need a dedicated office space, a space for virtual schooling, a home gym or theater, or something else, selling this spring gives you a chance to make a move and find the home of your dreams.

If you’ve considered selling your home in order to move into a better home, now is a great time to do it! RESource Atlanta can help you get the best deal on your home; call us today: (404) 620-3110. 

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