With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because theyâre concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sellâwhether to upgrade or find a new neighborhoodâthere are a few ways to combat the low inventory.
Look to buy first In most markets it is a real mistake to put your home up for sale before you start looking for your new property. Identify the geographic area where you are interested in buying. Even if you don't see anything on Zillow, it doesn't mean you can't or won't find the right home.
Think outside the box Be proactive! Keep in mind that there are probably many people like you who want to make a move but are afraid as well. Have your real estate agent send a letter to the neighborhoods in the geographic areas where you want to live. The letter should be heartfelt and personal while announcing that you are ready to buy a home in that neighborhood. You could find a home to buy that may not even be currently listed or for sale.
Protect yourself legally Each state varies in how the purchase process is conducted. Talk to your real estate professional about adding a clause in the purchase contract for the home you are selling that will enable you to not sell the home if you cannot find a suitable home to buy.
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"Emma, Brian and their Team are 100% amazing! As an owner of both investment properties and a handful of primary residences over the decades, we know the value and importance of using high performing teams - and this is one of them!
They were referred to us by multiple friends, colleagues and working professionals (including our Tax guy). Not only are they high-performing, they are super cool people! Their knowledge, experience, friendliness, professionalism, expediency, know-how, and one of the biggest traits - "neighborhood specialist" were instrumental in the recent sell of our Penasquitos home and purchase of our new Scripps Ranch home. We ended up selling for well over asking (and over our goal). The preparation and selling process were smooth and successful.
Emma and Brian then spent months with us viewing homes that were fairly limited due to our 'requirements' and a limited supply of homes in the areas we were looking in. They always seemed available whenever something came up that we wanted more info on or to go see. Their neighborhood experience and expertise was evident by knowing what streets to see and what streets avoid. Makes sense since they both live in and have bought/sold their own residences in Scripps. Then, Emma was able to get us into see a home in an exclusive neighborhood PRE-Listing, for which we submitted an offer that was accepted before it even listed.
Barron Real Estate exceeded our expectations by far - call us raving fans! If youâre looking for anything real estate related in the North County Inland San Diego area, this is your team!"