{"id":19800,"date":"2021-12-15T14:20:49","date_gmt":"2021-12-15T14:20:49","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19800"},"modified":"2021-12-15T14:20:49","modified_gmt":"2021-12-15T14:20:49","slug":"misconceptions-about-a-sellers-market","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/misconceptions-about-a-sellers-market\/","title":{"rendered":"Misconceptions About a Seller\u2019s Market"},"content":{"rendered":"

Misconceptions About a Seller\u2019s Market<\/h1>\n

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The housing market is hot, but some homeowners may overestimate just how hot it is when they go to sell. Real estate professionals shared with\u00a0realtor.com\u00ae a few unrealistic expectationss that some of their sellers have had, such as that their home has doubled in value since they bought it or that they shouldn\u2019t have to make any repairs before closing.<\/p>\n

\u201cOne of the biggest mistakes sellers can make is going with aspirational pricing just because it is a seller\u2019s market,\u201d Jeremy Bolger, a real estate salesperson with Brown Harris Stevens in New York City, told realtor.com\u00ae. \u201cWe have seen many deals get multiple offers and go at or over ask, but they almost always stem from buyers sensing some form of value. And if there is no perceived value, buyers will often stay on the sidelines, even with limited inventory.\u201d<\/p>\n

Not everything will sell for a price far above list price or as quickly as in a few days\u2014or mere hours\u2014even in this hot housing market. Real estate pros told realtor.com\u00ae that some of their sellers believe their home will sell in a few days and then become disappointed when it doesn\u2019t. Homes that need some repairs, are in a higher price range, or have quirky features may still linger on the market, realtor.com\u00ae notes.<\/p>\n

Also, even in a seller\u2019s market, homeowners will still need to make repairs. Investors may be willing to overlook some repairs, but many buyers are in search of move-in ready, agents say.<\/p>\n

\u201cIf the seller has a place that needs a touch-up or decorative work, it\u2019s usually a good idea to do it ahead of listing,\u201d Bolger told realtor.com\u00ae. \u201cConstruction and renovation costs are up sharply with all the supply chain issues. Buyers can be wary of purchasing a place that they will have to do work on, especially since the money spent there needs to be fully out of pocket versus buying a move-in-ready product and having everything rolled into the mortgage.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u201c6 Home-Selling Hopes and Dreams That Can Easily Turn Delusional<\/a>,\u201d realtor.com\u00ae (Dec. 13, 2021)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Misconceptions About a Seller\u2019s Market   The housing market is hot, but some homeowners may overestimate just how hot it is when they go to sell. Real estate professionals shared with\u00a0realtor.com\u00ae a few unrealistic expectationss that some of their sellers have had, such as that their home has doubled in value since they bought it … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19800","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nMisconceptions About a Seller\u2019s Market - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/misconceptions-about-a-sellers-market\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/misconceptions-about-a-sellers-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/misconceptions-about-a-sellers-market\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Misconceptions About a Seller\u2019s Market\",\"datePublished\":\"2021-12-15T14:20:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/misconceptions-about-a-sellers-market\\\/\"},\"wordCount\":374,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/misconceptions-about-a-sellers-market\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/misconceptions-about-a-sellers-market\\\/\",\"name\":\"Misconceptions About a Seller\u2019s Market - 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