Where for Art Thou, Home Seller?

Where for Art Thou, Home Seller?

Real Estate Realities:

…Tales from the front line of buying and selling San Francisco real estate

cartoon Where for Art Thou, Home Seller?

DanielleLazier.com

Recently, my team and I brought a new condo listing to the market.  The sellers were going to wait until Autumn but seeing the severe lack of inventory throughout San Francisco and the strong interest from buyers wanting to capitalize on today’s interest rates, we pushed up our marketing schedule and got it on the market ASAP.

After 1 week: 14 offers arrived at my office – 9 of them OVER the asking price!

It may be hard to believe, but the San Francisco market, except for a few areas that remain shaky, has been recovering for over a year and there is more demand than supply. In other words, there are more buyers than sellers. In other words, well-priced and presented listings are selling for more than the asking price and receiving multiple offers. In other words, if you have been considering putting your home on the market this year, you may want to get started.

Who do you know who wants to capitalize on this sellers’ market?

About Danielle

With SFHotlist.com and my other social real estate endeavors, I aim to provide helpful information on the San Francisco real estate market and economy as well as home buying & selling insider tips and tricks. No matter where you are on your real estate journey, I believe in harnessing the power of high-demand, low-supply San Francisco real estate to build a secure future.

My mantra: Buy what you can afford, as soon as you can afford it and watch your financial security and substantial tax savings grow over the years. In other words, to get to the penthouse, you must first get on the elevator.