Las Vegas Valley Real Estate and Community News

There is no better time to sell! If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Feb. 10, 2021

The Luxury Market Is Attracting Buyers in 2021

The Luxury Market Is Attracting Buyers in 2021 | MyKCM

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares:

“In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real

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Jan. 14, 2021

Why Right Now May Be the Time to Sell Your House

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.ome 

Why Right Now May Be the Time to Sell Your House | MyKCM

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.

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Jan. 7, 2021

Is This the Year to Sell My House?

Do you Want to Sell your Home for $1000s More and WIthout the Hassle?  Go HERE to Find Out How!  

Is This the Year to Sell My House? | MyKCM

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why.

According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now is a good time to buy a home, while 59% feel it’s a good time to sell one:

“The percentage of respondents who say it is a good time to sell a home remained the same at 59%, while the percentage who say it’s a bad time to sell decreased from 35% to 33%. As a result, the net share of those who say it is a good time to sell increased 2 percentage points month over month.”

As you can see, many still believe that, despite everything going on in the world, it is still a good time to sell a house.

Why is now a good time to sell?

There simply are not enough homes available to meet today’s buyer demand, and they’re selling just as quickly as they’re coming to the market. According to the National Association of Realtors (NAR), unsold inventory available today sits at a 2.3-month supply at the current sales pace, which is down from a 2.5-month supply from the previous month. This record-low inventory is not even half of what we need for a normal or neutral housing market, which should have a 6.0-month supply of unsold inventory to balance out.

With so few homes available for buyers to choose from, we’re in a true sellers’ market. Homeowners ready to make a move right now have the opportunity to negotiate the best possible contracts with buyers who are feeling the pull of intense competition when it comes to finding their dream home. Lawrence Yun, Chief Economist for NAR, notes how quickly homes are selling right now, further confirming the benefits to sellers this season:

"The market is incredibly swift this winter with the listed homes going under contract on average at less than a month due to a backlog of buyers wanting to take advantage of record-low mortgage rates."

However, this sweet spot for sellers won’t last forever. As more homes are listed this year, this tip toward sellers may start to wane. According to Danielle Hale, Chief Economist at realtor.commore choices for buyers are on the not-too-distant horizon:

“The bright spot for buyers is that more homes are likely to become available in the last six months of 2021. That should give folks more options to choose from and take away some of their urgency. With a larger selection, buyers may not be forced to make a decision in mere hours and will have more time to make up their minds.”

Bottom Line

If you’re ready to make a move, you can feel good about the current sentiment in the market and the advantageous conditions for today’s sellers. Let’s connect today to determine the best next step when it comes to selling your house this year.

Dec. 10, 2020

Why It Makes Sense to Sell Your House This Holiday Season

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.ome with 72 S

Why It Makes Sense to Sell Your House This Holiday Season | MyKCM

If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers.

The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale has dropped to an astonishing all-time low. It now sits at a 2.5-month supply at the current sales pace.

Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market, in which there are enough homes available for active buyers (See graph below):Why It Makes Sense to Sell Your House This Holiday Season | MyKCMWhen the supply of houses for sale is as low as it is today, it’s much harder for buyers to find homes to purchase. This means competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers.

As this happens, prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. So, if your neighbors decide to remove their listings this season, your house may quickly rise to the top of a holiday buyer’s wish list if you stay on the market.

Today, there are many buyers who are ready, willing, and able to purchase. Record-low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live and to take action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.

Bottom Line

Home prices are appreciating in today’s sellers’ market. Making your home available over the next few weeks will give you the most exposure to buyers who will be actively competing against each other to purchase it.

Dec. 2, 2020

72SoldPlus.Com How it Works

Posted in Selling Your Home
Nov. 15, 2020

Why Nobody Should Sell Traditionally -- Especially Today

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Today’s low-interest rates have flooded the market with buyers, and because housing inventory is so low, buyers will pay an extra-high price for your home IF it is marketed correctly.
THE PITFALLS OF SELLING TRADITIONALLY  
  • Because your home is shown to one buyer at a time, you are inconvenienced daily and forced to decide on offers before it is seen by all buyers. 
  • Because buyers don’t know about other excited buyers looking at your home, there is no competitive environment, a key to driving up your sale price.  
  • Because buyers aren't aware of other buyers, there is no validation that your home is desirable, a key to making buyers comfortable paying more. 
  • Because homes are selling so fast, if your agent strings out showings and your home sits unsold for more than a week, it quickly begins to decline in value. 
  • Because buyers control the showing and offer process, you are forced to react rather than being able to proactively leverage the opportunity afforded by this market to drive up your sale price.
OUR 72SOLD BETTER WAY 
Our process takes just 8 days, identifies every buyer quickly before you evaluate offers, puts buyers in a competitive environment, and validates your home's desirability so buyers are comfortable paying more. Click the graphic to download.
It works like this:
  • Pick any Monday you want to sell and establish a “starting price,” the minimum buyers can offer. 
  • On Monday, 8 days before the Monday you want to sell, we launch a marketing campaign to identify every buyer for your home.
  • Rather than showing your home piecemeal, we schedule all showings in a 90 minute time period on Saturday so buyers see each other coming and going. 
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Nov. 12, 2020

Winter Will Bring a Flurry of Activity to the Housing Market

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Winter Will Bring a Flurry of Activity to the Housing Market | MyKCM

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes:

“It will be one of the best winter sales years ever.”

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Nov. 3, 2020

Rent vs. Buy: What’s Best for You?

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Rent vs. Buy: How to Decide What’s Best for You | MyKCM

According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further.

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Oct. 29, 2020

Low Inventory Is a Win for Sellers

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Three Ways Low Inventory Is a Win for Sellers | MyKCM

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market.

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Oct. 28, 2020

Selling Your House Is the Right Move, Right Now

If you want to sell for $1000s more than the traditional Real Estate Process go HERE.

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC] | MyKCM

Some Highlights

  • Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though.
  • With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd.
  • Let’s connect today to discuss why now may be the right time to make a move on your terms.