A Realtor subscriber of the Staten Island Multiple Listing Service Inc. (SIMLS) can ease your journey through the entire home-selling proccess
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs as you figure out your next move.
Here’s something else to consider: According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):
Why Are Sellers Feeling so Optimistic?
One reason for seller enthusiasm is the calendar: Right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:
“Late spring and early summer are generally considered the best times to sell a house. . . . While today’s rates are relatively high, low inventory is still keeping sellers in the driver’s seat in most markets.”
These are the seasons when most people move. That means buyer demand grows. And because there still aren’t enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage:
“Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.”
What Does This Mean for You?
More sellers are coming to realize conditions are ripe for a move. If you think you might want to get in on the action, it’s a good idea to start preparing.
A Realtor subscriber of the Staten Island Multiple Listing Service Inc. can help you get your house ready by offering advice on how best to fix it up and make it appealing to buyers in your area. They know if you list during the peak buying seasons of spring and early summer, you might sell quickly and for a higher price.
OPEN HOUSE WEEKEND
Homebuyers will have a convenient opportunity to ramp up their search for a dream property during the upcoming “Open House Weekend.” Presented by the Staten Island Multiple Listing Service (SIMLS), the boroughwide event will take place Saturday, May 18, and Sunday, May 19.
During Open House Weekend, as Staten Island Realtors® host open houses throughout the Island, home sellers whose properties are listed on MLSsiny.com may opt to further increase the visibility of their for-sale house by including it in the event.
Home sellers working with a Realtor® subscriber of the SIMLS already have a distinct marketing advantage as their property is automatically listed on MLSsiny.com. The website is the online home of the Staten Island MLS, driver of the borough’s real estate marketplace. Dedicated to consumers, MLSsiny.com provides the most comprehensive and up-to-date public display of Staten Island home listings.
MLSsiny.com will provide guidance during the event, as homebuyers visiting the website will easily find locations of open houses across the borough.
Bottom Line
If you list during the spring and early summer, you might sell your house quickly and for a higher price. When you’re ready to make the most of today’s seller’s market, it wise get in touch with a Staten Island real estate professional, a Realtor subscriber of the Staten Island MLS, and ask to participate as a home seller during the upcoming Open House Weekend.
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The information contained, and the opinions expressed in articles, videos, or infographics posted or shared by the Staten Island Board of Realtors® (SIBOR) and/or the Staten Island Multiple Listing Service Inc. (SIMLS) are not intended to be construed as investment advice. SIBOR and SIMLS do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. SIBOR and SIMLS will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
