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If you've been thinking about selling your home, 2021 is the perfect time to take the plunge. As the country emerges from the COVID-19 pandemic, the real estate market is strong and robust, and it is uniquely beneficial to sellers, with high consumer demand, low inventory, and low mortgage rates. Below, discover a few benefits of listing your home for sale in the coming weeks or months.

Why Sell Your Home This Year

1. Enjoy Higher Home Values

When demand is high and supply is low, buyers are willing to spend more. That means there is a good chance you can list your home for a higher asking price—and get it. Limited competition in the real estate marketplace can result in multiple offers coming in, and your home might sell faster and for a higher price than it would during a more buyer-centric economy.

2. Make the Most of the Seller's Market

real estate

Right now, the market is tilted in the favor of sellers. But change is the nature of the markets, so you can count on the real estate climate shifting toward the benefit of buyers in the not-too-distant future. Make the most out of this situation while you can by listing your home for sale. Not only are higher asking prices easily justified during this time, but you could sell for a profit, then wait a few months until the markets shift and spend less on your next home. The result is more money in your pocket.

3. Take Advantage of Buyers' Changing Needs

Some homeowners might be concerned about how "sellable" their house is. They may wonder if it has too much space or too little, too few amenities, or is too dated for today's buyers. The good news is that buyers' needs have changed. The pandemic has forced many people to reevaluate what's important. Some might be looking to simplify and downsize, so a smaller home would be perfect. Others may have discovered the value of working from home, or they may want to expand their family; in either case, a larger home would fit the bill. Certain buyers may be anxious for a project, and a home that needs a little TLC would be ideal. Don't discount what your house has to offer; chances are there is a buyer out there who will fall in love with it.

 

When you're ready to list your house for sale, contact EXIT Realty Nexus. Based in Coon Rapids, MN, they serve buyers and sellers throughout Anoka and Hennepin Counties. They provide real estate listings for homes, businesses, and land for sale. Call (763) 548-1400 or visit them online to learn more.

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