If you’re a seller concerned with where you’d live if you sold your home, you have options.
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How would you like to make an extra $50,000, $100,000, or even $200,000 on your own terms? Right now, we only have seven homes for sale on the market, which is crazy—I’ve never seen inventory this low before. When I speak to the sellers I’m working with, the most common question they ask me is, “Where would I go if I sold my home?”
Luckily, you have options. Say we listed your home on March 1. You wouldn’t close on your house until at least June 1, and given your terms and the number of offers you’d receive, you could pretty much base any term you want. You could delay the closing a few extra months, do a rent-back, or a leaseback. Additionally, there are tons of rental opportunities available throughout Boston right now. Yes, renting is a short-term solution, but you get to capitalize on the market when it’s hot and take that extra $100,000 to $200,000 in your pocket. Maybe you could use that to buy a second home in Maine or in the Cape.
If you or someone you know is looking to take advantage of this fast-paced, low inventory market, don’t hesitate to reach out to me. I’d love to help you.