Three Tips to Get Ahead of the Seller Market Shift

It's been a sellers' market for the last two years. Now, there's a good chance this will gradually change because of rising rates and higher-than-average home prices. Here are three tips to keep your sellers happy when the market shifts:

  1. Develop a Trackable Marketing Plan

    Lower demand for real estate means more stress for sellers, so you'll need to bump up your marketing efforts. Don't assume your sellers know what you're working on; instead, make sure they're aware of everything you do daily to sell their home.

  2. Generate a Bigger Showings Buzz.

    While sellers may not see everything you're working on, nothing proves that you're doing your job like a lot of showings. Reach out to your whole network to generate a buzz and get more buyers through your seller's front door.

  3. Educate on the Market Shift

    Make sure your sellers understand why the local market is shifting and what that means for them. Tell them if home prices are dropping or the market is slowing. Communicate what they may need to do to be more competitive.

Source: ypn.realtor


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.