“There were 3,698 closings reported for the month of May, according to figures provided by the Greater Nashville Association of REALTORS®. This represents an increase of 3.9 percent over the 3,558 closings reported for May 2015.”
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U.S. home prices rise on strong demand and limited inventory. Yale University Economic Professor Robert Shiller also speaks about the economy and the 2016 presidential race on “Bloomberg Markets.”.
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Selling Pre-Market
Why would a seller choose to sell prior to going on the market? I’ve been asked this several times. Yes, Nashville is in a seller’s market. Yes, if you are priced right for what you are then it’s likely you could get multiple offers. Yes, the final contract price could go over list price. But, what if you don’t want to get your house in perfect condition? What if you want to sell as-is, quickly or maybe you have your eye on another property you want to buy? What if you have pets or kids and don’t want to deal with trying to live immaculately while strangers traipse through your house non-stop through the weekend? Tied to each house is an owner and people have different priorities. A lot of times, the most money is the most important to sellers but what if you could get your list price and not have to deal with showings? What if you could avoid all the frenzy of multiple offers where sometimes the winning buyer ends up with buyer’s remorse and backs out? There can be great value in selling pre-market. There is truth in “A bird in the hand is better than one in the nest”. There can also be great rewards with great risk. A good agent will explain the pros and cons and guide you towards your desired outcome, be it bird in hand or reaching for the bird in the nest.
– Larissa
To be on the market over the holidays or not to be, that is the question.
The answer…it’s different for everyone.
If you aren’t going to be home – have your house professionally cleaned, lock the door and don’t worry. Tell your agent showing availability is wide open until the day you return. Now go enjoy your time with family and friends. If you are spending the holidays in your home for sale – buyer traffic may be lower, but those shopping in December are serious. You never know when someone may be pressed to close a transaction before the end of the year or meet a 1031 exchange deadline. You can always put a restriction on showings for the days when family may gather or when you just may need to lay around in your pajamas with the cat and dog amidst the wrapping paper strewn about.
4100 HILLSBORO CIRCLE
NASHVILLE, TN 37215
615.436-3031, ext. 6008
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