I know someone is going to say how their showings activity hasn’t dropped at all or that inventory is low so its a sellers market but to put your home on the market right now unless you 100% have to is 100% nutso. Below are some suggestions to keep you from making an anxious decision and to just relax and wait to list your home for sale.
- Nobody is looking – I know there are some cute online video tours and 3D models but to think that is enough exposure to the masses to get the most tours is crazy. Yes its fun and a nice way to stay top of mind but in reality you need bodies walking through your house to sell it the best. Holding off a month or so to gauge the market is the smartest thing you can do and wait for those shoppers to get back on the streets
- Pricing might be rattled – I can’t imagine the same market confidence exists today that was there a month ago let alone thinking you can get top price for your home now. If I have a buyer in the back of my head a new listing now is a desperate or timely scenario for then sellers and offers may reflect that. Strong pricing is only supported by a combination of consumer confidence, affordable loans and competition. Thats not really where we are.
- Its probably not safe – Everyone is unsure right now of the health risks with being around others or in a possibly contaminated home. Asking strangers to be confident in your sanitation routine is way beyond our trust level right now. To think that someone may come into your home and get sick is disheartening or that someone could come through your home and get your family sick makes me even more nervous. Its just risky and our risk levels are very low today.
Do I think the world is ending? No way and as a matter of fact the amount of business people were doing a few weeks ago is proof that this can be short term and worth the wait. Buyers are going to come out this spring ready to pay top price for your home and after all the work you have done to make it perfect for someone else, its all potentially a waste to put it up for sale now. Enjoy a sale ready home for a few weeks and then stick that sign in the ground.
Curt has been in the Indianapolis Real Estate business for over 10 years and spent his first years learning all aspects of commercial management and brokerage. He has had great success in managing existing commercial projects and new retail and office developments. Curt specializes in building owner representation and purchases in the Westfield Indiana market as well throughout the Indianapolis Metro area. Curt is passionate about growing the local Westfield community and in his free time volunteers with Westfield Youth Assistance and raising 2 children with his wife Jennifer.