Early indicators are that the home-buying market is starting to stabilize. It’s imperative to price your home realistically.
By Terri Williams | Published Apr 25, 2022
Featured Expertise by Jason Gelios
Photo by IstockPhoto
During the past two years, home prices have been, for lack of a better word, crazy, so much so that we’ve been warning buyers not to compromise on some of the essentials that could lead to buyer’s remorse.
However, prices are finally starting to drop in some parts of the country. “Home sellers in 2022 should be aware that the housing market is beginning to transition towards favoring home buyers,” says Jason Gelios, a realtor at Community Choice Realty in Detroit, MI. “Compared to the past two years or so where homes were receiving over a dozen offers, we are seeing an average of five offers per home,” he says.
So, how should you price your home in today’s volatile real estate market? Keep reading to learn about four crucial things to keep in mind.
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Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country.