Are We In A Buyer's or Seller's Market?

 The process of trying to sell your home can be tough, especially if it doesn't sell the first time around. It is, in fact, very frustrating! However, I am here to say, IF you truly want to sell your home, it will sell. When things go wrong we seek out reasons why they went wrong. In fact, if you peruse the internet, I am sure you can find countless articles and  websites that emphasize the negative: "5 mistakes to avoid when....", "10 reasons why your home didn't sell....", "Don't do this if you want to sell your home...". Ok, enough with the negativity! Sure you may be able to glean some good information from these resources, but today, I am thinking POSITIVELY!  Check out these 3 reasons why your home will successfully sell this time around!

First of all, Homes are still selling in the Salt Lake Metro area! Despite high mortgage interest rates, demand is still relatively high. Buyers have more homes to choose from, but if your home stands out, it will sell. What this means to you, is that it is always a good time to sell your home. You just have to put yourself in the right position.  You're thinking...., "I just listed my home in this market and it didn't sell!"  Yes, that is true, however, there are many other factors that can also affect the ability to sell your home, such as: location, condition, timing, market  and price. The bottom line is that if you do everything to optimize these factors, the overall present market conditions tell us it is a good time to sell your home.

The second reason why you will successfully sell your home this time is that the process is NOT new to you anymore. You already experienced the process and, and will consequently have a new perspective. You've worked through the initial shock and inconvenience of buyers walking through your home at all hours and the interruptions to your daily life.  It is not ideal, but despite the undesirable outcome of your latest attempt, you should, at the very least, know what to expect.  

Lastly, there are varying statistics regarding homes that fail to sell and then are re-listed. However, we know that upon relisting, most homes will successfully sell, most likely because the sellers have gained a new perspective and they make adjustments whether to the price, by making repairs or by waiting for a different time, etc.. It is vital to analyze all of the factors mentioned previously (location, condition, timing, market indicators, pricing) so that you can optimize a successful home sale. We specialize in helping home owners who tried to sell their home but it didn't sell the first time. If you would like a comprehensive 5-Factor home selling analysis of your home, or have any questions about how I can help you sell your home this time around, please reach out to me at 801 898 9820 or click here.  

“When we stay positive, the ups will be more frequent than the downs.”