Much of the country is experiencing a shortage of available Listings in their real estate Market - a shortage of homes for the buyers to choose from - and each home may receive multiple offers!  I discussed in my last blog how a buyer can structure their offer to WIN in a multiple offer situation.  Remember. all real estate is local so I can only really give advice for my area in the Greater Baton Rouge and surrounding parishes.

So, to the answer to the question - Do All Sellers Win in a Sellers Market in the Baton Rouge Real Estate area - the short answer is NO!  

Don't be too surprised. As I stated earlier, real estate is hyper local.  There are price ranges where the inventory is very low and I am receiving offers on these homes in the first 2 days - multiple offers.  But all of these homes were  in Tip Top condition, staged well, no clutter.  I have seen homes in these same price ranges languish for weeks because they were really not ready for the market and the market responded with a 'NO" to that house.  

I have homes in higher price ranges where there are plenty of homes and the buyers can be very picky as they have ample inventory to select from.  These homes cannot afford to not be in PERFECT condition.  Yes, the buyer wants new carpet and NO, they do not want an allowance.  They want to see and smell that new carpet when they walk in the door.  They don't want WALL PAPER!  You can price your house lower to accomodate some updates but honestly, most buyers don't have the time, or extra cash, to do the updating the house has needed for years.  And due to the flood it is hard for them to even consider getting a contractor to help them.  Of course, there are always exceptions.  If you have dogs, then the buyer would rather you put in carpet after you have moved - and this is when an allowance would probably work!

When contemplating selling your home, talk with an expert first.  Someone who can guide you through the process.  Of course, I prefer if you call on us, the Pat Wattam Team at RE/MAX First!!  We'lre here to help!