What Are Your Home’s Chances ​of Selling in This Market?

Houston Real Estate Podcast with Dale Ross

What are the chances of your home selling in this market? Right now, the reason so many homes are not selling is that there are, on average, six or seven sellers for every buyer. In order for your home to sell, then, it has to be perfectly positioned in every way. The best thing you can do to stack the odds in your favor is to choose the right agent. To know what it means to choose the right agent, watch this short video.

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What are the odds your home can sell in the current real estate market?

We still have a pretty good number of buyers in the market right now. The reason you see so many homes not selling is because we have between six or seven sellers for every buyer. In order for you to sell your home, then, it has to be perfectly positioned in every single way.

In order to set yourself up for success, you need to choose the right real estate agent to market your home. Most agents have been in the market for 10 years or fewer, which means they’ve never seen a market like this. They’ve only seen the really good times for sellers - they’ve never seen the challenging times.

"Choosing the right agent will determine whether or not you’re successful."

The chances of your home being the one that sells out of six or seven other homes depends on how well your Realtor positions your home in the marketplace. By “positions” I mean everything from staging to preparation to marketing. Many agents that have been in the market for a short period of time don’t advertise very broadly because they don’t know how or they don’t have the resources. Thus, choosing the right agent will determine whether or not you’ll be successful.

When you’re ready to talk about selling your home with an agent, please include me in your list. I would recommend you interview at least two or three agents so you can find the one that’s been in the business long enough to have the knowledge of the market we’re in. The last time we saw a market like this was in 1988, which means anyone with fewer than 30 years of experience has never seen these conditions before.

To find out how much your home is worth, go to myvalue123.com for a free market analysis, or just give me a call. I’d be happy to chat with you about the value of your home or any other real estate concerns you may have. See you soon!