If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

In today’s [housing market](https://www.simplifyingthemarket.com/2022/05/06/2022-housing-market-forecast-infographic/?a=550432-7d0dd2250a392515b4ab3273bfa644ce), homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a [limited number](https://www.simplifyingthemarket.com/2022/04/14/on-the-fence-of-whether-or-not-to-move-this-spring-consider-this/?a=550432-7d0dd2250a392515b4ab3273bfa644ce) of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: - To be the [winning bid](https://www.simplifyingthemarket.com/2022/03/10/how-to-navigate-a-market-where-multiple-offers-is-the-new-normal/?a=550432-7d0dd2250a392515b4ab3273bfa644ce) on their dream home - To buy before [mortgage rates](https://www.simplifyingthemarket.com/2022/04/20/how-to-approach-rising-mortgage-rates-as-a-buyer/?a=550432-7d0dd2250a392515b4ab3273bfa644ce) rise more - To buy before [home prices](https://www.simplifyingthemarket.com/2022/05/02/todays-home-price-appreciation-is-great-news-for-existing-homeowners/?a=550432-7d0dd2250a392515b4ab3273bfa644ce) go even higher These buyer needs give you an amazing advantage – also known as leverage – when you sell. #### **What Does This Mean for Sellers Today?** You might already realize this enables you to sell at a [good price](https://www.simplifyingthemarket.com/2022/04/25/is-it-enough-to-offer-asking-price-in-todays-housing-market/?a=550432-7d0dd2250a392515b4ab3273bfa644ce), but you’re also in a great position to get the best terms to suit your needs. According to the latest [_Realtors Confidence Index_](https://cdn.nar.realtor/sites/default/files/documents/2022-03-realtors-confidence-index-04-20-2022.pdf) from the _National Association of Realtors_ (NAR), the **average home sold is receiving 4.8 offers**. That’s why there’s a good chance you’ll get offers from multiple buyers who are willing to compete for your house. When you do, you should look closely at the terms of each offer to find out which one has the best options for you. And if you have questions at any point in the process, remember your trusted [real estate advisor](https://www.simplifyingthemarket.com/2022/04/12/why-a-real-estate-professional-is-key-when-selling-your-house/?a=550432-7d0dd2250a392515b4ab3273bfa644ce) can help. They’re experts who understand the fine print, know how to compare the terms of various offers, and will help you select the best one for your situation. ### **Bottom Line** If you’re thinking of selling your home, know buyer demand in today’s market gives you a great opportunity to get the best terms and price when you sell your house. Let’s connect today to discuss how much leverage you have as a seller in today’s market. Posted in [For Sellers](https://cherylbowerrealestate.com/category/for-sellers/), [Housing Market Updates](https://cherylbowerrealestate.com/category/housing-market-updates/)