Very Low Inventory of Homes

Have you wondered if now is the time to sell your home?  There are very few homes on the market right now and yet there are lots of buyers wanting to buy home!  That means that homes are moving fast. 

Right now there is a about a 1.5 month supply in Washington and Multnomah Counties.  What does that mean?  That if no more homes came on the market, we'd be sold out of homes in a month and a half!  This translates into a great time to put your house up for sale because buyers are practically begging for more homes to select from.  Interest rates are low right now, so buyers can get great loans, making it easier for them to buy.  All they need is the right house. 

Why a Realtor is a Good Investment

When you're ready to sell, you may wonder if you can do it yourself or if you should hire a Realtor®.  Long story short, get a Realtor®.  Okay, okay, obviously I think you should hire one, but why?
 
Ever hear the phrase that goes something like "He who represents himself has a fool for an attorney?"  Well the same is true in real estate.  By not having a Realtor®, you are missing out on not only the education that the Realtor® has acquired, but also on all the tools that the Realtor® has at his or her disposal.  Not to mention that a Realtor® is a real estate marketing specialist.



Source: National Association of Realtors® 2013

As you may remember from the last post, you want your house to get lots of action and sell in that first 30 days.  A Realtor® will get your house listed on the RMLS (Regional Multiple Listing Service), put a professional sign up in your yard, host open houses, have a Realtor® open tour, take photos and even send out mailings about your house. 

If you sell the house yourself, putting up a sign in the front yard, you're relying on finding a buyer from word of mouth, your sign and maybe Craig's List. 

A Realtor® will use all of the tools available to get you the greatest expose of your home in order to receive the best price and the most favorable terms.  Selling your home is a big decision.  Make sure you've got someone in your corner whose job it is to look out for your best interest.