Article by Kimberly Dawn Neumann | Realtor.com
Featured expertise by Jason Gelios | Realtor
For the past two years, the real estate market has very much been a seller’s dream. In fact, all a homeowner had to do was put up the proverbial “For Sale” sign, and multiple offers would almost instantly materialize.
“It was a crazy time,” says Jason Gelios, a real estate agent with Community Choice Realty in Southeast Michigan and author of “Think Like a Realtor.” “People were pricing higher and getting bidding wars above that price, and inventory was so low that it was causing a frenzy. Think Black Friday.”
However, the post-COVID-19 housing market finally seems to be regaining some equilibrium. And while prospective home sellers may lament that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com® home seller survey, 95% of sellers who sold their home in the past year got more than they paid for it.
Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the books 'Think like a REALTOR®' and 'Beating The Force Of Average', Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country.