When a home in your neighborhood is for sale, it will attract drive-by traffic from potential buyers scouting the home and the neighborhood, before they even think about stepping inside the house. That can make you feel like your neighborhood is a glass fishbowl.
Rest assured, we understand how you feel. What you do want to focus on are these opportunities that are presented when homes in your neighborhood are on the market for sale.
Neighbors of Your Choice
We’ve all been told that you can’t choose your neighbors but that is just not true! This is the perfect time to have a family member or friend move to your neighborhood. Call them and tell them about the home for sale down the street. They may need time to get their financing in order, should they decide to put in an offer (and need a loan from a lender). A home in Orange Country is on the market for an average of 48 days1. Typically offers are accepted in the first for 5-7 days of the home hitting the market. Timing is key and loan pre-approval is necessary for anyone considering a home purchase. So, reach out to the people you truly want as your neighbors!
Referrals to Contractors and Tradespeople
There’s usually work that needs to be done before a house goes on the market. Finding good, reliable, and affordable contractors and tradespeople can be time-consuming and difficult. When they are already working in your neighborhood, you can potentially save yourself time and energy to get your home project underway! Contractors love to be able to schedule multiple projects in the same area. It saves them commute times and gives them more exposure in the areas they serve. So, piggyback off all the leg work your neighbor did in finding the right people to do the job!
The median price of a single-family home in Orange County is $900,0002! The turn-around time from start to closing is quick and that leads me to the best part of home sales in your neighborhood. It is currently a “seller’s market,” meaning there are more buyers than there are homes for sale. This forces buyers into extremely competitive situations. We average 10 or more offers for each listing, typically over the asking price. Wouldn’t it be great if you could tap into this market of qualified buyers who already know they want to live in your neighborhood? If you want to learn more about qualified buyers in search of a home in your neighborhood, call or email us, and we are happy to share that information with you!
So, while it may feel like you are living in a fishbowl, the drive-bys won’t last long. Homes are selling quickly in this hot market. The opportunities you’ll reap should outweigh any discomfort!
We love working with Buyers to find their dream homes. We would be honored to assist you or anyone you know of in the Orange County area with any and all home selling, buying, or investing needs.
Here is a list of more tips for home sellers:
How to pick the best offer on your home
Why should I sell my house when I retire?
Preparing to Sell Your Home
Home Staging By Verso Homes
Top Investment Property Upgrades to Increase Rent and Equity
Email: [email protected]
- California National Association Realtors Aug. 2021 Stats