Should you sell, rent, or wait in this weird market? If you’re a homeowner right now, you might feel unsure. The market feels off with inventory piling up, and buyer demand is sluggish. So what are homeowners doing?
Many are freezing. Some are pulling their listings. And a growing number are renting out their homes not because it’s strategic but because they’re scared. This past summer, new listings fell 3.2%, the biggest drop in over a year, when listings are typically at their highest. And experts are saying that year over year, new listings are down 3.4%, which means sellers are stalling. All this does is create leverage for you, but you need to be strategic. If you prep it well with the right agent and launch it with a smart, digital- marketing plan, buyers are still out there, and they will bite. You have equity. Don’t waste it chasing rental headaches when you could cash out smart.
I’m Terry Tucker with eXp Realty. I’ve helped sellers make strategic moves in uncertain markets for the past 28 years. Call or DM me today and let’s run the numbers and see if renting, selling or waiting makes the most sense for you. I’ll help you make the smart call based on data, not fear.
