Join BI PrimeSelling a house may seem impossible during the coronavirus pandemic, but experts agree that if you need to sell your house now, get it on the market as soon as possible.
In most states, open houses are a thing of the past for the foreseeable future — both buyers and sellers are jittery about showings, and economic uncertainty has everyone who's in the market to either buy or sell a home wondering if the timing's right. Getting your house on the market quickly might be a particularly good idea if you think the prospects for your local economy are poor and you don't think you can hold out for a recovery.
in Conway, AR. "Last April was the biggest month of the year, and right now we need one contract to equal last year." Jumbo loans are also harder to get, he shared. None of that matters, of course, if your buyer is able to write a check for the sale price, and that's more likely to happen with higher homes that are sought after by wealthy buyers. But those buyers may have also been more impacted by stock market losses and may be more skittish about plunking down cash."Anybody who expects to get last year's price is foolish," said Julie Gardner, a realtor within Oakland, CA.
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