The Blog ofFeneis Real Estate Team

Selling Your Home In a HOT Market

It’s that time of year again when spring roles around and the housing market heats up. If you have contemplated selling your house in the last year or two, you know that spring brings alllllllllll the buyers!

This is particularly true right now. Early statistics show that there is still an inventory shortage in Dane County, under 2 months worth of inventory. (Normal supply/demand market is 6 months of inventory) Knowing this information, there are about 3-8 buyers for each house, on average, after an open house.

Zillow points research to May being the best time to list a home to sell, stating more houses get accepted offers in May, this is mainly because people work hard early in the year to get their house ready to list in the spring, which usually ends up in May. They also state you should list on a Friday or Saturday as you get views and leads on those 2 particular days.

In a normal market, Zillow’s research would be spot on, but in our Dane County situation, if you get the price right and are spot on with your marketing…all you need to do is…

GET YOUR HOUSE ON THE MARKET!


There is a lot that will come with selling a house and you want to make sure you can trust someone to get you through to the finish line. It’s just a sign in the yard you are probably thinking…right? Wrong, here is everything entailed in selling a house:

* Pricing correctly, Marketing online presence, Marketing in your community, Marketing open house, hosting successful open house, looking over multiple offers, accepting the best offer!

Then you need to get to closing:

* earnest money put in a trust fund, inspections, testing, appraisals, financing, coordinating with a closing company, handling amendments, Home warranties, minor problems that arise, major problems that arise

All of these hassles are handled professionally and with ease as you wait with less stress when you hire the right Realtor. Call me today to find out how I plan on getting your house sold! (608)313-4240 — or email me at Chris.Feneis@kw.com

If you are thinking of selling in 2017…or even early 2018…NOW is the time to capture the most of your house investment as buyers are acting aggressive!