The Benefits of Selling Now, According to Experts

<article class="post-699584 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-699584"><span class="entry-date">May 25, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">The Benefits of Selling Now, According to Experts</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=The+Benefits+of+Selling+Now%2C+According+to+Experts&url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fthe-benefits-of-selling-now-according-to-experts%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="The Benefits of Selling Now, According to Experts Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20230525-the-benefits-of-selling-now-according-to-experts.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p>If you’re trying to decide if now’s the time to <a href="https://www.simplifyingthemarket.com/2023/05/05/reasons-to-sell-your-house-today-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">sell your house</a>, here’s what you should know. The limited number of homes available right now gives you a <a href="https://www.simplifyingthemarket.com/2023/04/11/the-big-advantage-if-you-sell-this-spring/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">big advantage</a>. That’s because there are <a href="https://www.simplifyingthemarket.com/2023/05/18/powerful-job-market-fuels-homebuyer-demand/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">more buyers</a> out there than there are homes for sale. And, with so <a href="https://www.simplifyingthemarket.com/2023/05/11/the-best-time-to-sell-your-house-is-when-others-arent-selling/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">few homes</a> on the market, buyers will have fewer options, so you set yourself up to get the <a href="https://www.simplifyingthemarket.com/2023/05/03/buyer-activity-is-up-despite-higher-mortgage-rates/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">most eyes possible</a> on your house.</p>
<p>Here’s what industry experts are saying about why selling now has its benefits:</p>
<h5><a href="https://themreport.com/news/data/03-21-2023/existing-home-sales" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank"><strong>Lawrence Yun</strong></a><strong>, Chief Economist at the <em>National Association of Realtors</em> (NAR):</strong></h5>
<p></p>
<blockquote><p><em style="color: rgb(13, 13, 13);">“Inventory levels are still at historic lows. </em><strong style="color: rgb(13, 13, 13);"><em>Consequently, multiple offers are returning on a good number of properties</em></strong><em style="color: rgb(13, 13, 13);">.”</em></p></blockquote>
<h5><a href="https://www.bankrate.com/real-estate/housing-market-predictions/#predictions" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank"><strong>Selma Hepp</strong></a><strong>, Chief Economist at <em>CoreLogic</em>:</strong></h5>
<p></p>
<blockquote><p><em>“We have not seen the traditional uptick in new listings from existing homeowners, so </em><strong><em>undersupply of housing will continue to heighten market competition and put pressure on prices in most regions</em></strong><em>.</em> <em>Some markets are already heating up considerably, but price premiums that we saw last spring and summer are unlikely.”</em></p></blockquote>
<h5><a href="https://news.move.com/2023-03-30-Realtor-com-R-March-Housing-Report-Spring-Thaw-Lures-Buyers-Back-into-the-Housing-Market" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank"><strong>Clare Trapasso</strong></a><strong>, Executive News Editor at <em>Realtor.com</em>:</strong></h5>
<p></p>
<blockquote><p><em style="color: rgb(13, 13, 13);">“Well-priced, move-in ready homes with curb appeal in desirable areas are </em><strong style="color: rgb(13, 13, 13);"><em>still receiving multiple offers and selling for over the asking price</em></strong><em style="color: rgb(13, 13, 13);"> in many parts of the country . . .”</em></p></blockquote>
<h5><a href="https://www.marketwatch.com/picks/after-seven-straight-months-of-home-price-declines-heres-what-6-economists-and-real-estate-pros-say-to-expect-from-the-housing-market-this-spring-df79d2c3" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank"><strong>Jeff Tucker</strong></a><strong>, Senior Economist at <em>Zillow</em>:</strong></h5>
<p></p>
<blockquote><p><em style="color: rgb(13, 13, 13);">“. . . sellers who price and market their home competitively </em><strong style="color: rgb(13, 13, 13);"><em>shouldn’t have a problem finding a buyer</em></strong><em style="color: rgb(13, 13, 13);">.”</em></p></blockquote>
<h3>SBottom Line</h3>
<p>If you’re thinking about selling your house, connect with a real estate advisor who can share the expert insights you need to make the best possible move today.</p>
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