Owned, or REOs, that tend to be “problem homes” in maintenance and sales.
NOT LIVING IN YOUR HOME MAKES IT EA ME MAKES IT EASIER TO SELL
Statistics from a 2015 survey indicate that homes expiring from their primary listings were generally homes lived in by tenants or the homeowners themselves. There were 400 homes listed on the market as “owner-occupied” in the survey. Approximately 36% of these homes’ listings expired, versus the 29% that were unoccupied. Therefore, the numbers show that owner-occupied homes will take more time to sell. Some real estate professionals profess that it’s 10 times easier to sell a house that the seller is not currently living in than an owner-occupied home. There are several advantages to this approach. Buyer agents’ showings could be increased, as it’s usually more efficient for real estate agents’ schedules to show unoccupied homes. If they have 20 homes to show and 5 are occupied, they may show the vacant homes first—or only—because it’s just easier. They don’t have to call and make an appointment. They can arrange with the seller or seller’s agent to go to the home and access it via the lockbox. Also, a homeowner isn’t interrupted at inopportune times to show the home. A seller doesn’t have to go to a neighbor’s, to the store, or lurk about the house while buyers are looking. Further, the seller isn’t under continual pressure to keep the home in immaculate showing condition and constantly spotless. With small children, this can be almost impossible. The home can be adequately staged, and set, for sale.
There’s also a psychological benefit of moving out of your home
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