Sellers Market

Posted by Danielle Dani Purcell on Tuesday, March 26th, 2013 at 8:25am.

Todays market is called a sellers market because the demand is greater than supply.  Reasons for this include that many property owners sold their properties at the top of the market in 2006 and many others lost  their homes in the great crash of the real estate market in 2007-2011.   When inventory is low and there are more buyers than homes,  the prices sky rocket fast.  Today's prices in parts of Laguna Beach are just as high if not higher than the top of the market in 2006. The best way to get top dollar for your home is to list it with an agent that puts property in the MLS listing system.   When you use a brokerage that  is a member of MLS and puts all listings in MLS,  you will have a better chance of getting top dollar for your property.   Entering your home  in the MLS it gives it the most exposure and effectively gives every agent in California and every buyer in America or the world a chance to bid on your property.   By allowing everyone to bid on your property,  you could create a bidding war and get more money than expected.   The time to list is NOW- it’s a GREAT time to sell your home!

Hope You Found This Information Helpful!

Thank You,

Danielle Purcell
Team Laguna Real Estate

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