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REAL ESTATE 2020 | When to List for a Spring Sale by Penny O'Brien, Realtor



LOCAL REALTOR OFFERS GREAT ADVICE

If you are contemplating selling your home this spring, you should be preparing your home NOW! Did I say, NOW?!


The spring real estate market starts after the Super Bowl. The last 3 years, it started earlier, as soon as the calendar flipped over, 1/2/2020 in this case! Showings & open house traffic saw a huge jump the 1st weekend of January 2020! There is lower inventory of homes this time of year, resulting in less competition, especially if your home has an obstacle to overcome such as an unfinished basement or your home is dated. It could be your best chance to sell quickly & for the highest price!


Sellers often make the mistake of waiting until May or June to list their home. This is the tail end of the spring market that usually quiets down in July, not allowing the home enough time to get sold! Sellers worry about selling too soon when they need to stay until the end of the school year. An experienced agent will make it clear in the listing that you need a first week of June closing. Go ahead and get that home on the market first week of March!


May 2019 saw an explosion of inventory causing prices to drop as competition heated up. Educated buyers waited for price changes. Sellers reluctant to respond to the market were often still for sale at summer's end.


Homes sell all year! The cream-of-the-crop updated home in a great location, priced correctly is going to sell quickly, no matter what time of the year!


ABOUT PENNY O'BRIEN

BAIRD & WARNER – One word that consistently comes to clients’ minds when they think of Penny O’Brien is “hustle.” As a Seller Representative Specialist, she loves meeting with sellers to discuss pre-market home improvements and guide them to make their home “showtime ready” when it hits the market. She strongly believes in professional staging and offers it as a complimentary service. With a reputation for “good-looking listings,” she helps clients realize a higher return and quicker sale. Penny says “Staging transforms a home from average to amazing”. Penny O'Brien Broker, Relocation Specialist and

Negotiation Expert • (630) 207-7001 • penny.obrien@bairdwarner.com





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August 2020 Features

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Latest Issue

August 2020, Best of the Best

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► August 2020 Issue

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