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The Perks of Selling Your House When Inventory Is Low

Posted on November 16, 2023 (November 16, 2023) by Anthony Loffredo

Your Home Sold Guaranteed Realty - Loffredo Real Estate Group

When it comes to selling your house, you’re probably balancing the demands of the market with your own requirements as you prepare to relocate.

The limited number of homes available for purchase at the moment could be one factor working in your favor. The present inventory position and what it means for you are explained in the following.

There are significantly fewer houses for sale than is typical

When selling your house or something, it is advantageous if there is both a high demand and a limited supply. Why? The fact that there is a shortage makes it even more desirable. The housing market is currently experiencing just that. More people are looking to buy than there are available homes.

Here is the most recent data on active listings, or houses that are for sale, to illustrate how little inventory there is.

What That Means for You when selling your house

Fewer options are available to buyers now than in more normal years. Because of this, selling now could still result in some fantastic benefits. Homes that are priced reasonably are still selling quickly because there aren’t enough of them to go around, and the typical seller receives numerous offers from keen buyers.

69% of homes sold in less than a month.
2.6 offers: the average number of offers on recently sold homes.

Bottom Line

Buyers are in desperate need of more options due to the lack of available houses for sale, and your home might be exactly what they’re looking for. If you deal with Loffredo Real Estate Group, they’ll help you price your home correctly for the current market. It might still sell quickly and possibly receive several bids.

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"Mr. Loffredo assisted me with the purchase of two homes and the sale of one home. He is very knowledgable in his field and super responsive. Was there in each transaction every step of the way and never dropped the ball. I would highly recommend Mr. Loffredo to friends, family and anyone looking for a great agent/broker."

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"Anthony went above and beyond in the sale of our home and on purchase our new forever home. He not only sold our current home in 5 days for $5000 over the asking price, he then found us our new home and had the property under contract within hours of hitting the market! Anthony = proven results!"

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"Most professional & thorough realtor in South Florida! With each home that we have rented and/ or purchased, Anthony has proven himself to be a professional. He always proves valuable information regarding the purchase of our properties so that we can make the best decision based on our needs. It is always a pleasure to work with Anthony and I would recommend him to anyone looking to purchase, sell or rent for their own residence or for investment income. Anthony really knows his stuff!"

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"Tony is an absolute superstar. He made our house buying experience top notch, his professionalism, knowledge and personality are unmatched. We will use him anytime for our future real estate needs."

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"I was very pleased with Anthony Loffredo's representation in the purchase of my home. His professionalism, expertise, attention to detail and open communication made the process seamless. I would highly recommend him for the sale or purchase of a home."

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Mister Anonymous

"Anthony was a consummate professional throughout the purchase of my home. He was very active in the entire process from the start where we discussed the details of my desired home, to the closing where I received the keys. I was particularly impressed when he attended the final walk-thru and closing appointment. His advice and quality of service made the entire process easy to manage. I will definitely use his service on future home purchases and sales."

Michael Dedonno

"When it comes to real estate agents. I'll always remember the most helpful, Tony was all ways there, when you need some one. I live in N.Y and had a rental property in Florida Finding good tenants was not easy he found me 5 and then kept an eye on it for me, and then help me sell it."

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"Most professional & thorough realtor in South Florida! With each home that we have rented and/ or purchased, Anthony has proven himself to be a professional. He always proves valuable information regarding the purchase of our properties so that we can make the best decision based on our needs. It is always a pleasure to work with Anthony and I would recommend him to anyone looking to purchase, sell or rent for their own residence or for investment income. Anthony really knows his stuff!"

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"I have had the best experience working with Tony Loffredo! He has made purchasing my first home a seamless process. His years of experience and knowledge of the surrounding area speak volumes and proved instrumental in finding the perfect home for me. If you are looking for a great realtor, I absolutely recommend using Tony."

Jennifer Kaszubski

"Tony was diligent researching comps, possible issues that could delay the closing and kept a firm hand on a nervous and flighty buyer guiding thru all the stages of the transaction. We have worked with him several times before and his performance is continuously impressive. After 40 purchases and sales I have to rate him best."

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"Meeting Anthony was a Godsend! I found him online based on his excellent reviews. Anthony’s 30-plus years of experience in real estate was evident in his thorough and meticulous efforts to find my husband and I a house in the right place, the right price-range and with the right amenities! He made sure to point out pros/cons during house showings. The fact that he was honest, realistic and didn’t sugarcoat the home’s features illustrated to us that he wasn’t a Realtor just looking to make a quick commission on a purchase. Instead, he patiently pored through listings and set up appointments for us to view properties until we found just the right one to fit our needs. He is personable, genuine and has a great sense of humor. We would highly recommend him for your real estate needs."

Patricia Killian

"Anthony is a real professional with a personal touch. He treats you like family and is always there for us. When it came time to purchase our home he never pressured us but helped guide us to make good decisions. From beginning to end he was truly a partner. Highly recommended!"

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"As a fellow real estate agent in the local market, working with Anthony was a breath of fresh air! Throughout the entire transaction Anthony exemplified professionalism and care for his seller. I aspire to be a top notch person and agent as he is. Thank you again Anthony. See you again on the next transaction!"

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"Outstanding agent that has a world of knowledge, and is very hard working to get the job done!"

George

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"Anthony was a consummate professional throughout the purchase of my home. He was very active in the entire process from the start where we discussed the details of my desired home, to the closing where I received the keys. I was particularly impressed when he attended the final walk-thru and closing appointment. His advice and quality of service made the entire process easy to manage. I will definitely use his service on future home purchases and sales."

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