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. If you’re in a city with a local rent and eviction control ordinance, this makes things even more complicated with costly risks!
Nationally, 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. If you’re looking to sell – this actually creates leverage for you, but you need to be strategic. If you prep your home well, with the right agent, and launch it with a smart, digital- marketing plan– the buyers are still out there, and they will bite. You have equity. Don’t waste it chasing rental headaches, and risking financial loss because you had a renter, when you could cash out smart.
I’m Tanja Odzak with eXp Realty. I’ve helped sellers make strategic moves in uncertain markets for going on 10 years. Call or text 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. I’m Tanja and I sell homes. Call me today and let’s get you going!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?
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