Page 8 - Spring 2022 Sellers Guide
P. 8

Right now, housing supply isn’t just low, it’s very low, and that won't change overnight. That
        means you may have an incredible opportunity to cash in on the demand for our house. To give
        you an idea of just how low supply is today, look at the graph below.





                                     Months Inventory of Homes for Sale


                                                  In Millions (2011-2022)
           9.5

           8.5

           7.5

           6.5
           5.5

           4.5

           3.5

           2.5

           1.5
              Jan.    Jan.     Jan.     Jan.     Jan.    Jan.     Jan.     Jan.     Jan.    Jan.     Jan.     Jan.
             2011     2012     2013     2014    2015     2016     2017     2018    2019     2020     2021     2022
                                                                                                      Source: NAR




        High Demand and Low Supply Gives You Maximum Leverage


        When there’s strong demand for an item and a limited supply of it available, the seller
        has maximum leverage in the negotiation. You might already realize this advantage enables
        you to sell at the best possible price, but it also means you can negotiate the ideal contract terms
        to suit your needs.

        And since demand is so high, there’s a good chance you’ll get offers from multiple buyers who
        are willing to compete for your house. When you do, work with your agent to look closely at each
        offer. Make sure you understand all the unique terms and conditions before you make
        your decision.






           Bottom Line

           The current imbalance of supply and demand is good news for you. Let’s connect
           today to discuss how much leverage you have, and why it’s best to sell now instead
           of later, if you’re ready.



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