HURRY UP And Sell Your House NOW (While You Can...)

Spring is the time of year that home sellers can typically get the highest and best price for their home, providing they beat the competition to getting house listed, priced properly and most importantly won't be greedy and not stand in the way of getting the place sold.

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[MiguelAngel-irck]

I’m an electrician in San Jose ca and I can tell you shit is getting worse by the day, all the tech companies have halted construction and cancelled future development for the upcoming 2-3 years. Same thing happened in 06 which led to the last recession. The writing is definitely on the wall

[JordanDurzi]

I live in The Netherlands and I'm seeing some hilarious pricing over here as well. People who bought a condo in 2020 for 100k now listing it for 275 and higher. Other single family homes that sold for 500k 3 years ago, now listed for over a million. Sellers list for a really high price and they just leave the listing up for months, without any offers. Who on earth thinks this is sustainable? Almost doubling of the price in 24 months. Ludicrous levels of greed all over the place.

[sorbabaric]

Where I’m at, older homes are being bought, flipped, then put on the market for a ridiculous amount. But then newer homes are also still priced high. A dead giveaway on the recently flipped house is the grey interior, and grey laminate wood floor. They haven’t gotten the interior design memo that grey is going out of fashion.

[pwilliams]

I sold in Jan . I brought my buyer to the table, listed the property instead ( one day only ) and my buyer agreed to my price increase and still agreed to purchase . Thank You Universe

[graywilliams_.]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference.

[reservecurrency]

Amen on the pricing comment. When I see two homes in the same zip code, listed within 10k of one another, same square footage, and one has updates and the other doesn't; the one with updates will be under contract in a few weeks while the one without updates sits on the market for months.

[DrummerDanVa]

You can ask any price for anything. All you have to do is find ONE idiot. And in America that won't be too difficult.

[GaryWinstonBrown]

It is an administration propelled emergency this time. The Depository need to offer Bonds to cover the exchange irregularity and the public authority spending unevenness. To sell them they need to raise loan fees and the old long haul, generally safe, low revenue, AAA speculations (counting Depository Bonds), held by the banks (frequently because of government administrative arrangement), become close to useless. I have roughly $300k stale in my port_folio that needs development. What is the most ideal way to exploit this slump?

[jongregory]

One more hurricane season and Florida home market is screwed. Buy it up!! Buy high sell low.

[bryanspayde]

I almost sold my home last summer. I’ve had it for 15 years it’s paid off. For 5 times what I paid for it .But I couldn’t replace my home with another better for the same money. So I kept it ..

[wallace]

Your Tactical Advice here is superb! Hope any sellers out there are paying attention. Best time to sell is BEFORE other items are also listed....

[SamWhitlock]

I make well over the $150k mark and I'm renting a 2b1b condo. Even though I make enough to afford to buy, I live in a HCOL area where PITI (+HOA) is well more than double my rent (~4 units similar to mine in my complex sold for what will roughly amount to that). On top of that, no one regardless of income wants to be locked into some ludicrously overvalued home and essentially be trapped in a "financial tomb" for years. People who bought in 08 around this time of year didn't net positive in nominal terms in my area until almost 10 years later. I don't want to be a bagholder

[jimbo]

If sellers need to definitely sell their house right now it also means that buyers should definitely wait.

[JohnJohn-wrjo]

Your advice is good for some areas and bad for others. Most people that sell have to buy or piss the profit away by renting. There is so much more that should go into selling a home than your touching on.

[magicparkmemories]

My brother is an architect in Venice Florida and is extremely busy doing house revisions. People are spending so much money making changes in their houses. They are are not selling their homes. They are investing $$$$ for newer kitchens and bathrooms. They are not moving !!!

[bryanspayde]

250 k. Out in the country in Ohio . Gets you land 3k square ft home . Garage shop and some woods and a pond . A house in town is in the 70k range .

[bryanspayde]

In 2009. I had a home appraised at 150 k. It sat till 2011. I ended up selling it for 85 k. . You can only get what someone is willing to pay for it .. I believe next year. A home that appraised for 200 k. Will be selling for 100k. .. you can see the housing market about to flip ….

[allenjensen]

Michael, plz put some of the blame on agents. having sold many homes over the yrs, when owners ask the agents can I get this outrageous price the agent will say yes just to get the listing. then, 2 months later wants the owner to lower their asking

[SProz]

I sold my big fancy house years ago and bought a small condo with a large deeded dock. Now I take my boat and go wherever I want, Key west, Miami (fisher Island) Bahamas instead of paying huge property tax (100k+) and upkeep not to mention insurance and the lifestyle is way better.

[itsElian]

Just sold my studio bought early 2021 for $176, 000 for $300, 000. HOA and insurance/taxes had doubled from 2021 along with general inflation, causing stress in this uncertain times and I feel it's gonna get worse. Moving back to roomate with my dad and brother lol and save $500 in the process. Puting the $150k revenue on a High-yield savings account to ride this out.