Here’s the question of the day –
“Should Minneapolis homeowners, on the fence about selling, still consider listing that home for sale in today’s real estate market?”
So! What’s the answer?
Minneapolis homeowners who are considering the sale of their home this year should know this is a good time to take the plunge and list their property for sale -- today.
It's even possible to say that the current market is a seller's market. It's no ordinary seller's market though. This one has a twist that makes it both unique and likely to be long-lasting for the foreseeable future. So, the quick answer to whether Minnesota homeowners should list their home for sale today -- even if they are on the fence about selling it in the first place -- is a resounding YES!
Here are just four of the many reasons why it's in your best interest:
1. Tradesmen Shortage
It's no secret that there is a growing gap in the number of skilled tradesmen and the demand for their services. Electricians, plumbers, HVAC technicians and other workers in the skilled trades are finding that their older generations are retiring more quickly than they are being replaced. The United States Bureau of Labor Statistics noted that the nation's need for such workers is growing more quickly than their overall employment growth. Other factors have also lead to the shrinking of the United States' pool of such workers even as their need has increased. These include the fact that many of these businesses are family-owned and operated and the next generation might not want to continue the tradition. The recession that the country experienced in 2008 forced many skilled tradesmen out of work so they left the field. A lack of education as high schools across the country eliminated classes and vocational training from their curriculum has left potential workers with no clear path to that kind of career.
2. New Construction Shortage
Of course, the skilled tradesmen shortage isn't the only kind of labor shortage the country is grappling with. Even though the United States' economy is well on its way to fully recovering
3. New Construction Delays
Not surprisingly, the shortage of construction workers and tradesmen can lead to even more delays in the construction industry. When these factors are combined with other factors -- such as material delays and the weather -- it can push back the groundbreaking of a project and its completion date. A homeowner with an existing home that's in sellable condition right now can often get both top dollar for it and a quick sale as well.
4. New Listings Shortage
A breakdown of recent inventory and sales in the Northwest Metro area revealed that there is a new listing shortage in the Twin Cities. A home seller that lists their home for sale today will find that there is scant competition from other homes nearby. This means that their home will stand out from the others. Compared to new homes that aren't ready yet -- coupled the fact that there are fewer new listings -- an existing home that is put on the real estate market for sale today is likely to get a great deal of attention within just a few hours. Instead of having to wait days for people to show interest in it. today's newly listed homes for sales will likely garner enough interest so that showings will commence as early as the same week that it is listed.
Home sellers in the Northwest Metro and the surrounding areas should take advantage of the current real estate market. According to a breakdown of recent inventory and sales, it's likely that they'll be able to sell it quickly. Chances are, too, that homeowners will be able to fetch top dollar for their homes.
The key to getting the price that a homeowner desires while also selling their home quickly is to list it with a top real estate agent.
Lisa Ash works closely with home sellers and home buyers from the beginning of the process to the end. She's consistently ranked number one in sales in her office of 187 other agents; many with large teams pooling numbers.
Why
It’s the pre-listing legwork and professional service team preparation for each new home listing that allows early buzz about that home before it even hits the open real estate market. This early preparation and marketing buzz is key to the success of the home sale; lessening list time and solidifying the homeowner’s sales price and/or accommodations goal.
Lisa’s success rate is the reason why she continues to receive referrals from satisfied customers long after she's helped them sell their home.
Learn more about the award-winning strategies for home sellers that continue to be the basis of Lisa’s approach. Call today to
