Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

<article class="post-60959 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-60959"><span class="entry-date">October 18, 2021</span><div class="entry-header center-block text-center"><h1 class="entry-title">Sellers: Your House Could Be an Oasis for Buyers Seeking More Options</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Sellers%3A+Your+House+Could+Be+an+Oasis+for+Buyers+Seeking+More+Options&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fsellers-your-house-could-be-an-oasis-for-buyers-seeking-more-options%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p><img alt="Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | Simplifying The Market" class="webfeedsFeaturedVisual wp-post-image" decoding="async" link_thumbnail="" loading="lazy" sizes="auto, (max-width: 549px) 100vw, 549px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121631/20211018-KCM-Share-549×300.jpg" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121631/20211018-KCM-Share-549×300.jpg 549w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121631/20211018-KCM-Share.jpg 750w" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" width="358"/></p>
<p>Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the <a href="https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales"><em>National Association of Realtors</em></a> (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply.<strong> That places today’s market firmly in the </strong><a href="https://www.simplifyingthemarket.com/2021/08/17/what-does-being-in-a-sellers-market-mean/?a=712984-fa409495d5d70154d03a25e81e9540e2"><strong>sellers’ market</strong></a><strong> category</strong>.<span id="more-45308"></span></p>
<p>That same NAR data also shows today’s inventory of single-family homes is trailing behind the level we saw last year <em>(see graph below)</em>:<a href="https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121633/20211018-MEM-Eng-1.png"><img alt="Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | Simplifying The Market" class="aligncenter wp-image-45310" decoding="async" height="488" loading="lazy" sizes="auto, (max-width: 650px) 100vw, 650px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121633/20211018-MEM-Eng-1.png" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121633/20211018-MEM-Eng-1.png 1000w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/10/08121633/20211018-MEM-Eng-1-400×300.png 400w" width="650"/></a>Because of the ongoing supply challenges, buyers can feel like they’re wandering across a vast, empty desert when searching for their next home. <strong>That means your house could provide an oasis for </strong><a href="https://www.simplifyingthemarket.com/2021/09/14/the-truth-about-todays-buyer-demand/?a=712984-fa409495d5d70154d03a25e81e9540e2"><strong>buyers</strong></a><strong> thirsty for options </strong>– and it could increase the chances of buyers entering a bidding war for your home.</p>
<p>The latest <a href="https://cdn.nar.realtor/sites/default/files/documents/2021-08-realtors-conference-index-09-22-2021_0.pdf"><em>Realtors Confidence Index Survey</em></a> from NAR shows houses are <strong>receiving an average of 3.8 offers</strong>. A multiple-offer scenario lets you select the best offer and gives you incredible leverage when you sell this <a href="https://www.simplifyingthemarket.com/2021/09/07/reasons-you-should-consider-selling-this-fall/?a=712984-fa409495d5d70154d03a25e81e9540e2">fall</a>.</p>
<h3><strong>Bottom Line</strong></h3>
<p>Buyers today are looking for relief as they wander today’s inventory desert. Listing your house this fall – before more options appear – gives your house the best chance to be noticed by multiple buyers. Let’s connect today so your house can stand out as the oasis it truly is.</p>
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