Selling Your Home in a Rising Market

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In a rising market there are two critical issues when selling your home:
         1.    Pricing the Property
         2.    Saving money in escrow

When trying to sell your home, it’s important to price properly. To find a reasonable but satisfactory price, we look at pending sales; the market is rising and pending sales give more accurate reflections of the market. We then call the agents of these pending sales and find out more: if there were multiple offers, was there a bidding war, if the price went above, etc. From there we can gage an accurate price for your home.

The second issue is saving money during escrow. A buyer has a 10-12 day contingency period where they can have inspections done and ask for things from the seller. Keep track of the dates to know when that period ends. Also, we suggest having a pre-home inspection. It will cost around $350, but it is a good investment to protect yourself from losing money to the buyer later on.

If you have any other real estate questions, please call me at 208.818.7703. I’d also like to thank you for all your referrals. Thanks to you this will be a record year!