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Josh Foster Speaks at Sulphur Sunrise Rotary

THANK YOU SULPHUR SUNRISE ROTARY! 

TOP 5 TIPS FOR A HOME SELLER’S LISTING TO STAND OUT IN A BUYER'S MARKET.

In a buyer's market, selling a home can be a daunting task. With many homes for sale, it can be difficult to make your listing stand out. Here are five tips for home sellers to make their listings stand out in a buyer's market:

  1. Price competitively: One of the most important things you can do to make your listing stand out is to price your home competitively. Research the local market and set a price that is in line with comparable properties in your area. This will help your home stand out and attract more potential buyers.
  2. Highlight unique features: Make sure to highlight any unique features of your home in your listing. This can include things like a large backyard, updated appliances, or a finished basement. These features can help your home stand out and make it more appealing to potential buyers.
  3. Stage your home: Staging your home can make a big difference in how it is perceived by potential buyers. Make sure your home is clean and clutter-free, and consider hiring a professional stager to help you showcase your home's best features.
  4. Use professional photos: High-quality photos can make a big difference in how your home is perceived online. Consider hiring a professional photographer to take photos of your home, or invest in a high-quality camera yourself.
  5. Be flexible: In a buyer's market, it's important to be flexible with your showing schedule and any negotiations. Make sure you are available to show your home at different times and be open to negotiating with potential buyers to make a deal happen.

By following these tips, you can make your home stand out in a buyer's market and increase your chances of selling quickly and for a good price.

 

TOP 5 REASONS HOME BUYERS HAVE MORE POWER IN THE CURRENT MARKET

In the current real estate market, home buyers have more power and control than ever before. Here are the top five reasons why:

  1. More Price Negotiations: With increased inventory, buyers have more options to choose from and therefore can negotiate better prices with sellers. This can result in significant savings for the buyer.
  2. Increased Seller Concessions: In order to attract buyers, sellers are offering more concessions in closing costs and other expenses, which can reduce the out-of-pocket expenses for the buyer.
  3. Increased Inventory: As mentioned before, there is an increase in the number of homes for sale, which means buyers have more options to choose from and can take their time finding the perfect home.
  4. Lower Out-of-Pocket Expenses: With low-interest rates, buyers can secure better mortgage deals with lower down payments, which can result in lower out-of-pocket expenses. This can make purchasing a home more affordable for many buyers.
  5. Less Competition from Other Buyers: As interest rates have increased, fewer buyers are able to afford homes, resulting in less competition for those who are in the market to buy. This gives buyers more control over the buying process and can result in better deals for them.

Overall, these are exciting times for home buyers as they have more options and more power in the market than ever before. It's an excellent time to start looking for your dream home and take advantage of the current market conditions.

Questions? Reach out and let's connect!

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Links & Resources

LA PROPERTY TAX GUIDE & OVERVIEW

JUNE 2023 HOUSING MARKET REPORT

2022 SWLA ANNUAL HOUSING MARKET REPORT

SULPHUR COMMERCIAL TRADE AREA OUTLOOK

 

 

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