It's A Sellers Market... So Color Me Pink!
"I read in the paper that the housing market is up across the country so I ought to be able to list my home today, it will sell immediately and I can move to beautiful North Dakota by the end of the month, right?"
Maybe! Just because housing sales are up nationally does not mean that they are up in every city and in every neighborhood. The old adage still rings true: location, location, location. Also, no matter how hot a market most people are not willing to purchase at any price.
ie. In Minot North Dakota, a hot market that has been driven by an oil boom for the last 5 years, homes in the river valley have been very slow to sell because people fear another catastrophic flood like the one they had in 2011.
The latest news of a hot market is good if you have been hoping to sell but the market has been slow or dead in your neighborhood HOWEVER do not forget that your home will be competing with others.
If you the Seller are expecting Top Dollar keep in mind the Buyer is expecting Top Notch quality. Have a professional make repairs (duct tape and bailing wire don't cut it), clean, paint, landscape, and most of all price to sell!
As my favorite motivational Real Estate speaker says: "Decide if you want to stay or if you want to go". If you want to go, take the steps and ACT like it, if you want to stay quit wasting everyone else's time and take your home off the market. Do you want to stay or do you want to go".
BOB TIMM, BROKER ASSOCIATE, ALLIANCE REAL ESTATE - MINOT
1600 2nd Ave SW (The Arrowhead Shopping Center)
Minot North Dakota 58701
Visit my website at www.MinotHome.com
Visit the Alliance RE wbsite at www.AllianceRE.net
Call 701-852-1197 or text 701-720-8513
