By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
85209.com85209.com85209.com
Notification Show More
Font ResizerAa
  • Live Local
    • Eat Local
    • Local Events
    • Shop Local
  • Mesa News
  • Real Estate
  • School News
  • Podcast Episodes
  • Search Homes
  • Sell My Home
  • Cash Offer for My Home
Reading: Sellers Have Incredible Leverage in Today’s Market
Share
Font ResizerAa
85209.com85209.com
  • Live Local
  • Mesa News
  • Real Estate
  • School News
  • Podcast Episodes
  • Search Homes
  • Sell My Home
  • Cash Offer for My Home
Search
  • Live Local
    • Eat Local
    • Local Events
    • Shop Local
  • Mesa News
  • Real Estate
  • School News
  • Podcast Episodes
  • Search Homes
  • Sell My Home
  • Cash Offer for My Home
Have an existing account? Sign In
Follow US
85209.com > Blog > Real Estate > Sellers Have Incredible Leverage in Today’s Market
Real Estate

Sellers Have Incredible Leverage in Today’s Market

Klaus Team
Last updated: November 2, 2021 10:00 am
Klaus Team Published November 2, 2021
Share
SHARE

Contents
What Does This Mean for Sellers Today?Your Leverage Can Help You Negotiate Your Best TermsBottom Line You might also enjoy reading…

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

“Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.”

But the sense of urgency they feel is complicated by the lack of homes for sale in today’s market. According to the latest Existing Home Sales Report from NAR:

“From one year ago, the inventory of unsold homes decreased 13%. . . .”

What Does This Mean for Sellers Today?

With buyers eager to purchase but so few homes available, sellers who list their houses this fall have a tremendous advantage – also known as leverage – when negotiating with buyers. That’s because, in today’s market, buyers want three things:

  • To be the winning bid on their dream home.
  • To buy before rates rise
  • To buy before prices go even higher.

Your Leverage Can Help You Negotiate Your Best Terms

These three buyer needs give homeowners a leg up when selling their house. You might already realize this leverage enables you to sell at a good price, but it also means you can negotiate the best terms to suit your needs.

And since buyer demand is still high, there’s a good chance you’ll get offers from multiple buyers who are willing to compete for your house. When you do, look closely at the terms of each offer to find out which one has the best perks for you.

If you have questions about what’s best for your situation, your trusted real estate advisor can help. They have the expertise and are skilled negotiators in all stages of the sales process.

Bottom Line

Today’s buyers are motivated to purchase a home this year, and that’s great news if you’re thinking of selling. Let’s connect today to discuss how much leverage you have as a seller in today’s market.

You might also enjoy reading…

You Might Also Like

93% of Americans Believe a Home Is a Better Investment Than Stocks

Selling Your House? Make Sure You Price It Right.

Retiring Soon? Why Moving Might Be the Perfect Next Step

Destination Gateway Auto Mall and Walmart Site Plan Approved

Why a Home Inspection Is Important [INFOGRAPHIC]

Share This Article
Facebook Twitter Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow
Popular News
Live Local

Water Donation in Full Swing: How You Can Help

Klaus Team Klaus Team June 2, 2015
Jags are “Rising Above” All the Way to the Top
What’s Actually Happening with Home Prices Today?
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
What does $600k Buy in the East Valley?
- Advertisement -
Ad imageAd image

About US

Your Community Connection
We provide local resources to our community to educate, support, and make our community stronger. Your Community Connection is a service of Klaus Team Real Estate Solutions with Real Broker. Equal Housing Opportunity.

Subscribe

Subscribe to our newsletter to get local news, market updates, and open houses in the community sent to your email.

 

Subscribe to Your Community Connection Newsletter

* indicates required
© Klaus Team Real Estate Solutions. All Rights Reserved.
Welcome Back!

Sign in to your account