It’s a seller’s market in San Francisco at the moment. Inventory remains flat, there are anywhere from five to 40 buyers for every home that goes on the market, and mortgage interest rates are still very low. And oh, yeah—rents are at an all-time high.
What this all means: If you’ve been considering listing and selling your home, now is the time to do it. And if your home has any particular challenges—lack of parking, a not-so-functional floor plan, no yard, for example—we are in a market where multiple buyers will be more willing to compromise and accept homes with such drawbacks.
If you own a single-family house, condo, multi-unit building or TIC (supported by a fractional loan), I recommend consulting with a Realtor this month to get a sense for your options. Maybe you have an investment property, or are an owner occupier who doesn’t know where to go next. It helps to have a chat for an hour with a Realtor to discuss your details:
1. How much is my property worth?
2. Can I sell and then have some time to stay in my house after the buyers are the owners, to figure out where I’m going next?
3. How long will the process take?
4. What pitfalls might I encounter?
5. What would I need to do to prep my property for sale?
6. What am I looking at in terms of net proceeds?
As many of you know, I have been helping homeowners sell their properties for more than ten years in many neighborhoods across San Francisco. Client reviews don’t lie: I have the experience, knowledge, marketing platform and strategies in place to net you the most money possible with the least stress involved. It’s all about knowing what to expect, anticipating pitfalls and navigating to the finish.
Please contact me if you’re ready to have that conversation. I would be happy to stop by and put your future in motion.