If you are selling your home in Las Vegas, don’t expect a quick sale. There are currently so many homes on the market due to the number of people that have walked away from their properties. This housing crisis has created an even larger market of homes for sale, which means that sellers should anticipate a longer time between the time the home is listed and the closing date.
The good news for seller is that there are programs that are encouraging buyers to buy. This is good news if your home is priced within a range that will attract first time home buyers or individuals who are downsizing. If you are desperate to sell, consider lowering your price below market value to encourage buyers to look at your property.
Even though it is not necessarily the best time to sell a home, there are still homes moving in the market. The most important thing is to make your home marketable. Create an inviting environment that interests buyers and offer allowances for expensive updates if necessary or even offer to pay closing costs if it is viable. With these enticing offers, buyers will be more apt to actually look at your home, which gives you a better opportunity to sell.
The market in Las Vegas is down, just as it is everywhere else. Don’t be discouraged if you are selling your home, because there are still buyers who are looking for their dream home, and yours just may be it.