Spring is here, and it’s a great time to incorporate your home!
If you’re on the fence about selling, we understand that. It’s been two turbulent years. But the real estate market is showing that inventory is starting to rise, and if you want to take advantage of this exciting spring market to earn a great price for your home, Karla Murtaugh Homes at Compass would like to help. And if you’re looking to buy, stock is up and you may have more options in the coming weeks, so definitely don’t give up!
“Fortunately, the market is not as frantic now as it was in past months, and more people are feeling comfortable selling. Inventory is still relatively low at this point, so it is a great time to tap into the sellers market,” said Carla Murtaugh.
According to Connecticut Magazine, at the beginning of 2022, inventory statewide was two months short of supply, more than four months below the typical market, so inventory will be the most important thing to watch in 2022. A multi-listing service year-end report showed For 2021, the monthly supply of inventory is down nearly 38 percent from 2020 to a month and a half statewide. The monthly view describes the amount of time it will take for all homes on the market to sell, given current market conditions. Historically, a moderate price hike comes with a six-month supply, according to the National Association of Realtors.
“One thing to keep in mind if you are thinking of selling is that research shows that a well-arranged home sells faster and more expensively. The real estate market is very competitive and kicking off the competition will give you an advantage,” Murtaugh said. Your house, you want to provide a backdrop for them to experience the house – a place where they can see how the rooms work and how the house ‘feels’. You want them to say Wow! ‘, she continued.
The Compass Concierge is one of Carla’s favorite things about her new association with Compass, and is designed to prepare your home for the market. From deep cleaning to cosmetic improvements, Compass Concierge assesses the chances of raising the value of your home. The program will provide a customized plan for the modernization and organization of your home, and the means for its implementation.
Compass deals with the costs associated with making improvements to the sale of homes and only collects payments for services rendered at the time the property is closed.
Additionally, Karla’s staging programs are designed to work within your budget and comfort level, and they can either use your existing furniture and accessories or bring in additional items. Most importantly, staging allows you to get an objective opinion as you see it through “the eyes of the buyer” – it’s not a reflection of your personal style or taste, but about getting the most benefit for your money and your top selling dollars.
For everything you need to know about selling your home, check out Karla Murtaugh’s Home Sellers Guide.
Make sure to contact the team at This email address is being protected from spambots. You need JavaScript enabled to view it. For a free consultation.
