Baton Rouge real estate is witnessing a slowdown. The slump is sharper for the residential real estate sector. 2018 has been an average year for the real estate market. Selling a house continues to be an uphill battle. The situation has now worsened with more properties being listed and the average wait time increasing for most types of houses. Dependable Homebuyers has recently issued a public advisory highlighting the challenges being faced by homeowners who want to sell in Baton Rouge.
As per the latest statistics available, the month of April this year witnessed a sharp rise in the number of properties listed online. The increase observed is a sharp seven and a half percent. This does not have a monumental impact on the present inventory but the availability of more properties in an already saturated market in favor of buyers surely gives them more options. This has lead to more sellers finding it difficult to convince potential buyers of the fairness of their ask prices. More buyers are now demanding a reduction in the ask price. They are also using the availability of more houses for sale to demand renovations and at times unreasonable ones.
The We Buy Houses company based in Baton Rouge has been purchasing residential properties directly from owners ever since its inception. The company is not slowing down with their acquisitions, despite the state of the real estate market. It is noteworthy that the company continues to buy properties within seven business days. They make a cash offer in a day after inspecting a property and the sale can be expedited immediately if the owner turned seller agrees. This in sharp contrast with the average days on market that is now poised at sixty five. Most owners are being compelled to wait much longer than sixty five days to secure a closing offer. Properties are taken off the market when there is an actual closing offer. Not all such offers get manifested into actual sales. Many sales fall apart due to different reasons.
Homeowners should consider selling their properties to Dependable Homebuyers directly, without the intervention or involvement of real estate agents and multiple listing services. Sellers will not have to bear any expenses. There is no commission. The company absorbs the closing cost. There is no staging, appraisal fee or cost of property inspection. There is no advertising or marketing expenditure either. The We Buy Houses company is interested in all types of properties and the present condition does not come in the way of the sale. This enables owners to sell their houses in the exact state they are in, regardless of type and location in Baton Rouge. For more information about the company and the services they provide visit their website.
Owners who are compelled to invest in repairs and renovations are agreeing to a reduced return on investment. Those who reduce the ask price are compromising at the outset. Such compulsions are not relevant when Dependable Homebuyers purchase houses directly from owners, even in a slowing down saturated buyers market in Baton Rouge. Interested homeowners can read a recent press release they published at https://www.pressadvantage.com/story/28024-public-advisory-from-dependable-homebuyers-alerts-sellers-to-understand-the-saturated-buyers-market-i.
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For more information about Dependable Homebuyers Baton Rouge, contact the company here:
Dependable Homebuyers Baton Rouge
Evan Roberts
(225) 307-3324
info@dependablehomebuyers.com
17505 Jefferson Hwy, Apt 308, Baton Rouge, LA 70817
