Are you thinking
of selling in 2014? What does the 2014 home buyer look like? As a REALTOR my
job is to have an educated opinion on what buyers are looking for. Sellers need
a good understanding of who they are marketing their home to. The market is
looking up for 2014 and being prepared for the current buyers increases the
chances of selling your home in a shorter time period.
In several
of my open houses that I had recently there was an overwhelmingly large number
of buyers that were looking due to a relocation situation. This means they had
recently transferred jobs and were given a relocation package as an aide to
help with selling their home and finding housing closer to their new employment.
Some had sold their homes where they had moved from and some were still trying
to sell their homes. Regardless of whether or not they had sold their homes
they and their family had transferred to be close to the new job. They were
currently renting and needed to find a home. Given that I cover El Dorado
County, Sacramento County and Placer County the buyers I was talking with were
recently transferred to Roseville, Folsom and the Bay area as well. Yes they
were looking at homes here in the Foothills even though they were going to be
working in the Bay Area. Why is this? They can’t afford to purchase a home in
the Bay Area that fits their family. You get more for your money the further
away you get from the Bay Area. So buyers are looking outside of their current
work location to get a bigger home, more yard and excellent community
attributes.
What does
this mean for my sellers? The buyers that are looking at their home will have
very little knowledge of the area. So I am prepared to highlight not only the
home, but the town in which it resides. I like my sellers to not only tell me
what they love about their home but what drew them to the town as well. We
almost need to act as tour guides for our out of town guests. The buyers will
take the info on the home back with them but they will also take back a deeper
sense of the surrounding area. I have found this helps the buyers attach
themselves to the home even more. Price will always be #1, but a good
relocation package full of info of the area surrounding the listed home is very
important.
The increase
in job relocation to this area is great news for sellers. Call me today and
find out the current value of your home. Let me help you decide if now is the right
time for you to sell!
This is comprehensive information. Do you think there are particular communities that are attractive to buyers who are new to the Greater Sacramento area
ReplyDeleteThe stats appear to support Folsom and El Dorado Hills most favorably as the cities to move to. I believe this is because they are close to employment yet they are also close to excellent recreation and also offer a good selection of excellent schools
ReplyDelete