SELLERS: 'SHOULD I SELL NOW OR WAIT?' -Kevin Ward

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Is it a good time to sell your house, or should you wait?

Right now, interest rates are high, inflation is up, the stock market is down, businesses are not doing well, and more layoffs are happening.

3 Ways to Approach This (As An Agent)

1. Identify their motivation. Find out WHY they want to move.
2. Be the problem solver. Guide and lead them to a decision by giving them the pros & cons of moving & selling now.
3. Build & value the relationship. Be honest & always make it about what’s best for them (not your commission check).

3 Reasons That It’s a Good Time To Sell:

1. They’re thinking about downsizing. The price of their home has gone up over the years, and they no longer need to live in a big house.

2. They want to get the most equity out of the property. In some markets, prices are starting to drop, so it’s best to sell now to protect their equity.

3. Planning to buy right away. Interest rates are already up and are going to spike even more in the future.

People have to understand that historically, when prices go up & down, it takes months or years for the market to shift back.

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Not sure the best way to get started? Followed the simple steps to hit the ground running.

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Honesty is the best "always". No frills. Love it

lindamills
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Great video Kevin! Thanks for laying out the pros and cons so we can help our clients make the best decision.

BrandonMendoza
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Why is noone stating the fact that the internet world has given people a wider platform to choose from, People now have the choice to purchase items by where its made, quality, price, and its terms of conditions. Money is spreading far and wide, where all unique ideas and products are helping people in many ways. The economy based on its particulars involved, have to evolve, try harder or do nothing and perish slowly. Whereas a propertry hold value only if you keep your property in its years where it doubles in price or more. Dont get involved with buying or selling a property if you dont have the patients or funds to make that property deliver the value of buy a propety in the first place.

Theebz
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perfeita analise
forte abraço professor Kevin
sou seu aluno aqui no Brasil

ThiagoAlmeidaCorretagem
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Just be "honest" to sellers and let them know the factors in considering selling their house! 👊🤗

ChrisMolenaar
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Great information. The best of best. Awesome

ravinderjitsinghkainth
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you don't mention anything about people who are just selling, and the affect of money in the bank and inflation, not everyone is selling just to buy thats me...

spottydog
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The last time interest rates were this high at 6.3%, the housing market crashed & we went into a recession. As an agent trying to get their first client should they continue pursuing their real estate business or go on inactive status? I had a colleague tell me he only had one transaction when the market crashed 15 years ago.

LuisHernandez-hwdj