Fredericksburg, VA. Homebuyers are finding themselves in a favorable market. Inventory is up and buyer numbers are down. Buyers have many different homes to choose from and seem to have the power of negotiation on their side.
Fredericksburg sellers are seeing longer listing to contract periods and less showings than last summer. This is creating prices to reduce, especially when competition lowers price to sell.
Fredericksburg home sellers need to get their home to the top of the charts to sell quickly in this market. Get your home in showroom condition and price it to sell. Your Realtor will recommend the proper selling price. Pay close attention to your competition. If they drop their price, you may have to drop as well to get the showing.
Homebuyers should remain aggressive. Advise your agent to set you up with a hot search. The second a property hits the market; you should have it in your email. Trust your Realtor to guide you through the entire process.