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Top 10 Reasons Homes Don’t Sell in 2023 and How to Avoid Those Mistakes

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Manage episode 372758326 series 2088956
Контент предоставлен Amit Bhuta. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Amit Bhuta или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

The residential real estate market in 2023 will eventually begin to shift much more towards a buyer’s market than a seller’s market, and more and more homes for sale will be coming off the market unsold.

As interest rates keep increasing and other things change in the world (war, inflation, uncertainty in employment, etc), homes on the market that aren't selling will be much more prevalent.

When a property is listed for sale and doesn't sell during the listing contract, it is known as an expired listing.

So, how exactly is a buyer’s market or seller’s market determined?

Without getting into too many details, a buyer's market has more than six months of inventory based on closed sales.

A seller's market is also known as having less than three months of inventory based on closed sales, and a neutral (or balanced) market is defined as three to six months of inventory based on closed sales.

The bottom line is that it will get harder for sellers to sell their homes.

Here are the top ten reasons why homes don’t sell and also what to do to get your home sold.

Ready to get your home sold? Make sure to text me at (305) 439-3031 so that our team can get you to your next destination.

Amit Bhuta

COMPASS

Licensed Real Estate Agent

(305) 439-3031 Mobile

amit.bhuta@compass.com

ALLinMiami.com

  continue reading

106 эпизодов

Artwork
iconПоделиться
 
Manage episode 372758326 series 2088956
Контент предоставлен Amit Bhuta. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Amit Bhuta или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

The residential real estate market in 2023 will eventually begin to shift much more towards a buyer’s market than a seller’s market, and more and more homes for sale will be coming off the market unsold.

As interest rates keep increasing and other things change in the world (war, inflation, uncertainty in employment, etc), homes on the market that aren't selling will be much more prevalent.

When a property is listed for sale and doesn't sell during the listing contract, it is known as an expired listing.

So, how exactly is a buyer’s market or seller’s market determined?

Without getting into too many details, a buyer's market has more than six months of inventory based on closed sales.

A seller's market is also known as having less than three months of inventory based on closed sales, and a neutral (or balanced) market is defined as three to six months of inventory based on closed sales.

The bottom line is that it will get harder for sellers to sell their homes.

Here are the top ten reasons why homes don’t sell and also what to do to get your home sold.

Ready to get your home sold? Make sure to text me at (305) 439-3031 so that our team can get you to your next destination.

Amit Bhuta

COMPASS

Licensed Real Estate Agent

(305) 439-3031 Mobile

amit.bhuta@compass.com

ALLinMiami.com

  continue reading

106 эпизодов

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