Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

Bracketing 63

Bracketing Marketing Sellers Buyers 63

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

Housing Market 64

Housing Market Bracketing Marketing Sellers 64

Lamacchia Realty

AUGUST 3, 2021

Buyers have had more money to work with due to the low mortgage rates , and sellers who actually listed their properties were given the pick of the litter in multiple offer situations where most of the time, the homes were selling for over asking. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Listing Spark

MARCH 18, 2024

When you choose this route, you take on all the responsibilities of an agent, such as listing the property, marketing it, managing showings or open houses, and handling all of the negotiations. For open houses, signs and online marketing channels can help ensure people show up.

Modernization 36

Modernization Tools Open Houses Real Estate 36

Lamacchia Realty

MARCH 26, 2024

Source Inventory rises when more sellers are listing than buyers are buying. When there are market changes it often takes sellers time to first realize it and then be willing to accept it. This can be particularly important in a buyer’s market, where buyers have many options and sellers need to stand out.

Bracketing 59

Bracketing HOA Sellers Buyers 59

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. 2020 ended favoring sellers. We have dedicated people doing staging, marketing, social media, open houses and showings.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68