Should I list my Coachella Valley home now, or wait?
Should I list now? A good client and friend of mine has decided to sell..but when? The Coachella Valley, like many real estate market right now, is sitting. What I mean is buyers are waiting, and sellers aren’t that flexible on their prices. If you are looking to buy or sell in the Coachella Valley, give local resident and agent, Kim Kelly a call at 760-285-3578.
Whether the market is a buyers market or a sellers market, the time you choose to list your property for sale depends on multiple factors.
- Do you need the money now, or can you wait?
- There is no crystal ball pointing to what will happen in the future. Your realtor, no matter how experienced, cannot predict what WILL happen. There could be a natural disaster, a war could break out; many things can influence the market.
- Review the comps carefully. How have homes like yours been moving in your area?
- In the current market, buyers are waiting. Two factors seem to be influencing their decision. The election and Interest rates. Boots on the ground, meaning lots of traffic through your house, may not be happening right now.
- If you decide to wait to list after looking closely at the market, understand that there is no guarantee the market will go up. It could just as easily go down.
In my local market, here in the Coachella Valley, price the property correctly, and the sellers still need to be open and flexible with offers. Our seasonal population starts arriving about mid October, so if you can wait for season, there will definitely be more eyeballs on your property. Price it right, be patient, and most of all don’t get insulted, but rather, respond to every offer!
