Should You SELL Your House Now or WAIT? (June 2022)

BiggerPockets MoneyJun 9, 20224m 54s1.2K viewsScore 75
Pricing & Profitability
intermediate
pricing strategy
comparable sales
market analysis
real estate agent
seller's market
M

Summary

AI-generated

Learn how to price your house for sale in a shifting market by understanding comparable sales (comps) and recent market trends. Discover why you likely haven't missed your selling opportunity and how to navigate current buyer behavior.

Key insights

  • Interest rate increases do not necessitate an immediate adjustment to your list price, as the market remains a seller's market due to low inventory.

Mistakes to avoid

  • Listing your house significantly above the price of nicer comparable properties will cause it to sit on the market, potentially leading buyers to make very low offers later.

Tools & resources

  • BiggerPockets Moneypodcast

    BiggerPockets Money podcast offers information for real estate investors to feel successful in their investments.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial