The 2021 Cary NC Real Estate Market Is BOOMING (especially for home sellers!)

Dated: March 25 2021

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The 2021 Cary NC Real Estate Market Is BOOMING (especially for home sellers!)

The real estate market is booming, and there's never been a better time in the history of real estate to sell your home. Right now, there is extremely limited inventory and there just aren't enough houses on the market for the amount of buyers that we have that want homes. 

Hi, my name is Justin Hemker with The Namas Team at EXP Realty. Here in Cary, North Carolina, there's only an 11-day supply of inventory, and I've never seen it this low. It's absolutely insane. What that means is that we are in the seller's market and most homes are staying on the market for just a few days. 

With that being said, sellers have all the control. You have the ability to choose the cream of the crop in terms and conditions. You can also be very selective when choosing which offer to take. And remember, don't be afraid to counter anything that you want that will make the transition, terms, and experience meet all of your expectations. You're in the position to do so. So here are a few things to think about. 

Timeframes, choose the best timeframe for close of escrow that works for you. Also shorten up any contingency dates for inspections, loans, disclosures, and appraisals, or even better yet, take an offer that has no contingencies at all. You can sell the home as is. You're not obligated to perform any repairs if the buyer's home inspection uncovers anything wrong with the home. 

Also, there are things that are typically customary for what a buyer would be responsible for and what a seller would be responsible for. For example, in North Carolina, the seller pays the transfer tax or tax stamps, but in this market, you could counter that out and ask for the buyer to pay for it. 

There's quite a few more things to consider and negotiate on your behalf, but I don't want to keep you too long. So if you'd like more information and are thinking about selling, give us a call at The Namas Team, and be sure to check out our YouTube channel for more tips when selling. And remember, we want you to love where you live.

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Justin Hemker

Justin Hemker is a Triangle Area Real Estate sales and marketing expert. You will have a hard time finding a Realtor who truly cares for and works harder for his clients, has more passion for his job,....

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