How can sellers use mortgage rate dips to sell their homes faster?
Sellers can capitalize on mortgage rate dips around six point one nine percent by adopting a sharp strategy. This includes pricing homes based on current market data rather than past highs, pairing that price with clear concession strategies like mortgage-rate buydowns, and enhancing transparency by providing pre-inspections, insurance info, and recent service records. Offering a two percent mortgage-rate buydown credit can lower buyer payments more effectively than a large price cut, attracting more showings and offers quickly. Presentation matters; virtual staging tools can reduce buyer hesitation even before listing.