How to Successfully Sell Your Quad City House
In yet another effort to slow down the staggering effects of inflation, the U.S. Central Bank made the official decision to hike up national interest rates by .25% earlier this week. This development, coupled with the recent mortgage rate increases, has put a lot of current homeowners in a particularly tricky position.
According to a newly released article published by npr.org, high mortgage rates have caused the average median price of homes across the country to plummet by nearly 6%, which is the largest decrease in almost a decade. And while this is certainly good news for potential homebuyers both here in the Quad Cities and around the United States, the real estate market has essentially been put on pause for people who are trying to sell their homes.
We’re Here to Help
Here at The Bassford Team, we understand the emotional ups & downs that the constantly-fluctuating real estate market can create. However, we have high hopes of it leveling out sometime soon, so let’s revisit our own set of home-selling solutions like the instant cash offer, trade-in, and guaranteed sale programs in the meantime. Since the first two options are pretty self-explanatory (further information can be located on their individual web pages), let’s take a quick look at the guaranteed sale program - one of the most popular and successful home-selling tools in our arsenal.
In a nutshell, if you decide to use the guaranteed sale program, The Bassford Team will place your property on the local real estate market for its full estimated value. This means that the current homeowner has the opportunity to receive the maximum profit when selling their home. Alternatively, if for some reason the house does not sell, then The Bassford Team will purchase the property from the seller for a price that was predetermined when the contract was signed. It’s a win-win situation for all parties involved, in our humble opinion.
Call Us Today!
Since 2018, Rich Bassford has been dedicated to assisting the citizens of the Quad Cities with all of their real estate needs. From selling a single-family home to buying a multi-million dollar listing and everything in between, you can rely on The Bassford Team! For additional information, please contact us today at (309) 292-3681 to schedule an appointment.