So Why Aren't Sellers Selling?
Let's try to put ourselves into the shoes of others - it helps provide perspective. And being able to understand someone’s position is a wonderful thing. So the question remains - why are sellers staying put?
- 3% vs 7% mortgage rate is tough to beat
- Holding onto real estate is a great wealth building activity
- Move-up options for next home are extremely limited
- Sell/buy is more complicated in low inventory market
- Misconception of their home’s current value
That last bullet is worth exploring if you’re curious. We have met with a few sellers recently that upon a better understanding of the local value proposition ultimately made the decision to list.
Bottom Line
Please share this along to someone that you feel may benefit or thinking of selling their home. We would be happy to have a non-pressure conversation, simply addressing questions and concerns. Contact us today!
HOME SELLERS, DON'T LET THIS HAPPEN