Homeselling Without A Realtor Can Hurt You When Buying

Molalla’s real estate market is more competitive than in years past and it’s now a bit akin to a footrace.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

Molalla’s Housing Market is Getting More Competitive

But it’s not just Molalla. For example, in the greater Portland metro area that includes Clackamas, Multnomah, Washington and (of course) Yamhill counties, there is now 3.4 months of home inventory. That’s close to half the supply of what many consider to be a ‘balanced’ housing backlog of 6 months. As a result, sellers are scarcer, buyers are many.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

Local Housing Inventory in Months

With this ‘seller’s market,’ home buyers throughout Molalla are competing for fewer available homes. So if you’ll be buying a Molalla area home anytime soon, ensure your offer is most competitive. One way is to hire a Realtor when both buying and selling. Curious about why this is important? Keep reading.

What To Do
If you need to sell your current property in order to buy another home like most home buyers, to be taken seriously by home sellers in this ‘seller’s market,’ it’s crucial to have at least a pending sale on your current property before making an offer. Why? Most sellers simply don’t want to wait for you to do what they’re trying to do…namely, sell a house. As a result of this competitive market environment, it can make a difference to have a Realtor represent you when both buying and selling. You’re about to see one example why.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

Advantage: Realtor

Transparency
To convince a homeseller that your offer is the best, one key factor is transparency. That’s because if you’re buying a home, there are likely to be other buyers interested in the same property. Put yourself in a seller’s shoes. Before taking their property off the market, sellers want verifiable assurance that an offer is likely to actually ‘close.’  As a result, they frequently expect a certain amount of credible information to determine the likelihood of success.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

In This Molalla Real Estate Market, Expect Competing Buyers On Nice Properties

What Not To Do
Recently some area ‘for sale by owner’ sellers were also purchasers.  But they seriously hurt their odds to purchase the house they wanted by not hiring a Realtor to sell their current property. Why? Since these buyers were attempting to sell ‘by owner,’ no reliable information on their unlisted property’s sale was available for the Realtor representing the seller of the house they wanted, to confirm their ‘pending sale’ status. Did these buyers really have a ‘pending sale’ so they could proceed to purchase? Or was their ‘sale’ more of a handshake, riddled with contingencies? With no Realtor involved in a buyers’ sale transaction, it can be difficult to verify much at all.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

Oregon’s Natural Beauty Attracts Many Homebuyers

These ‘for sale by owner’ buyers did one thing right, by hiring a Realtor to represent them in making their offer. But due in part to their alleged ‘pending sale’ not being managed by a Realtor to confirm the home inspection, appraisal, and buyer’s financing had been dealt with properly, along with possible unknown contingencies in their sale transaction, the ‘for sale by owner’ buyers’ offer was rejected.

Molalla, Molalla Oregon, Molalla Homes, Molalla Oregon Homes, Molalla Real Estate, Molalla Oregon Real Estate, Molalla Properties, Molalla Oregon Properties, Oregon Molalla, Molalla Realty, 97038

In Buying Your Molalla Home, Put Your Best Foot Forward. You’ll Later Put Both Feet Up!

Put Your Best Foot Forward
Unlike those unsuccessful home buyers, you can put a good ending on your next transaction. The best solution when buying and selling a Molalla home? Be competitive and hire an expert Realtor, whether buying or selling. A good place to start is a free consultation with qualified and experienced Realtors representing your best interests. For your own free consultation, contact our MolallaHomes.com sponsor, Certified Realty at 503-682-1083 or use the convenient form below.

Advertisements
This entry was posted in Molalla, Molalla Home Prices, Molalla Home Sales, Molalla Homes, Molalla Homes For Sale, Molalla Homeseller, Molalla Homeselling, Molalla Housing, Molalla Market Report, Molalla Oregon, Molalla Oregon Homes, Molalla Oregon Properties, Molalla Oregon Real Estate, Molalla Oregon Realty, Molalla Properties, Molalla Real Estate, Molalla Realty and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s