There’s an interesting phenomena in the housing market right now – FSBO homes are poised to be a leading driver for home sales. Why? Because there are 2 major forces coming together, and as they meet, they compliment each other to push the for sale by owner model of selling much better than the traditional home sales structure. The first force is that people are making more than they are spending
U.S. household income rose in March by the most in three months but consumers socked away part of the extra cash and only modestly increased spending
This means that consumers (or the people who want to buy your house) are saving, and not spending their expendable cash. They are stocking this cash away for a rainy day, or the right opportunity – the opportunity to get a deal, or feel like they got a deal. How do you know it’s a deal they’re looking for, and the deal is on a home? This is the second force we can look at. Sales of homes are rising, a full 4.1% in March
, and the interesting thing is that this increase is not on new homes
More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors. “The housing market has clearly turned the corner,” said NAR chief economist Lawrence Yun in a release. “Rising sales are bringing down inventory and creating much more balanced conditions around the country…
The best part is this is that these are existing homes – not new ones. People are looking for a deal. whey they see they can work directly with the seller in a for sale by owner situation, they think they can get a deal. So, what can you do? If you have a house and are thinking of selling or even ready to sell, now is the time to use a trusted FSBO program that gets your house on the market now. No reason to lose out on capitalizing on this real estate opportunity, but you need to act. The first thing you need to do is get on a program
that walks you through the process step by step along the way. By following a process
, you can make the appropriate changes to get top dollar out of your house. People may be looking for a deal, but will pay for the right property – so make your property the “right property”! Once you have emotion on your side, the money will follow. The iron is hot, will you strike?