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Is It Time To Put Your House Back On The Market?

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Is It Time To Put Your House Back On The Market?

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017.

Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.

But now, with spring here, it’s time to reassess. The market is already picking up, and waiting any longer to jump back in may only mean you’d face more competition from other sellers down the road. 

What To Do Differently This Time

First, begin by checking the status of your listing agreement. Because even if you pulled your listing, you may still be under contract. If your contract has expired and you’re considering other options, reach out to us for a listing consultation. We’re happy to meet at your home and discuss the best options to meet your family’s goals that maximize demand and value for your home sale. We utilize the latest Compass tools like the 3-Phase Marketing Plan, CompassOne dashboard, Make Me Sell, and more to ensure a smooth and successful transaction!

What do you want to do differently this time? Here are a few things to consider:

  • Your Pricing Strategy: Did buyers overlook your house because it was priced too high? We can help you analyze the latest sales in your area to make sure you’re hitting the right number. When it’s priced appropriately for the market, your opportunities for multiple offers and buyer competition increase.
  • Your Marketing Approach: Was your home staged to look its best? Did you use a skilled photographer for your listing photos? A fresh coat of paint? Small tweaks can make a big difference in how buyers see your house. Something as simple as taking new photos now that it’s spring can help your house show better than it did in the winter listing.
  • Offering Concessions: Were you willing to offer incentives to buyers? As the supply of homes for sale grows, more sellers are entertaining the idea of concessions or incentives to get the deal done. If you weren’t open to those conversations, that may have been a factor, too.
  • Showings and Flexibility: Did you have limits on when buyers could see the home? If your house is accessible and available, you’ll likely get more offers.  

If your house didn’t sell last year, this spring is your second chance. We would love to chat to with you about coming back into the market with a fresh strategy!