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Beverly hills real estate agent | Erik Brown | Realtor Agency

Beverly Hills luxury real estate | Erik Brown

  • HOME SEARCH
  • NEIGHBORHOODS
    • Beverly Hills
    • Beverly Park
    • Beverly Hills Flats
    • Bel Air
    • Brentwood
    • Birds Streets
    • Holmby Hills
    • Laurel Canyon
    • Malibu
    • Mount Olympus
    • Platinum Triangle
    • Pacific Palisades
    • Rolling Hills
    • Sunset Strip
    • Trousdale Estate
    • Wilshire Corridor
  • COMPASS TOOLS
    • Bridge Loan
    • Coming Soon
    • Private Exclusive
    • Concierge
  • GIFTS
    • Home Buyers
    • Home Sellers
    • VIP
    • Condos
    • Celebrity
    • Swag
    • Blog
    • Mortgage Calculator
  • ABOUT
    • Erik Brown
    • Team
    • Success Stories
  • CONTACT US
Beverly hills real estate agent | Erik Brown | Realtor Agency

Beverly Hills luxury real estate | Erik Brown

  • HOME SEARCH
  • NEIGHBORHOODS
        • Bel Air
        • Brentwood
        • Holmby Hills
        • Malibu
        • Trousdale Estate
        • Sunset Strip
        • Beverly Hills
        • Beverly Park
        • Beverly Hills Flats
        • Birds Streets
        • Wilshire Corridor
        • Laurel Canyon
        • Mount Olympus
        • Platinum Triangle
        • Pacific Palisades
        • Rolling Hills
  • COMPASS TOOLS
    • Bridge Loan
    • Coming Soon
    • Private Exclusive
    • Concierge
  • GIFTS
    • Home Buyers
    • Home Sellers
    • VIP
    • Condos
    • Celebrity
    • Swag
    • Blog
    • Mortgage Calculator
  • ABOUT
    • Erik Brown
    • Team
    • Success Stories
  • CONTACT US
Beverly Hills Real Estate Home Selling Tips

Beverly Hills Real Estate Home Selling Tips By Erik Brown

By

Erik Brown

Posted in Video Blogs On November 24, 2021

Three Reasons Homeowners Aren’t Selling Right Now

Table of Contents

  • Three Reasons Homeowners Aren’t Selling Right Now
  • Beverly Hills Home Inventory is Low
  • Credit and the Lending Requirement
  • Foreclosure or Bank Inventory

I’ve been asked by a number of buyers why it seems like this spring and summer have been so much more difficult to find homes compared to in years past of family members and friends of theirs and it absolutely does seem like sellers are not flooding. The marketplace compared to buyer’s demand and why is that well let’s get into the head of the home seller and figure out what it is that is keeping them from putting. Their homes are on the market and generally, I find that is around three-fold.

Beverly Hills Home Inventory is Low

Sellers don’t really know that inventory is low they feel like if they put their home on the market there’s a number of other sellers that are out there and that it will be difficult to sell or they won’t get a price that they want and that has been far from the truth low-interest rates and buyer demand have pushed prices that much higher and they’re going to continue to increase as we don’t have enough supply think of it like basic economics supply and demand that’s number one.

Credit and the Lending Requirement

Sellers think that there is still a very difficult credit and lending requirement that is available or needed for given buyers. When in reality interest rates are really low and credit scores and requirements have been loosened making it easier for buyers to able to come into the marketplace. There are also 77 million Millennial and Gen wires and Gen Xers that are coming back into the marketplace that wasn’t purchased during the recession which is great for sellers but not so great for buyers because they’re competing against more.

Foreclosure or Bank Inventory

We no longer have a foreclosure or Bank inventory which means that sellers don’t have to compete with low-end pricing they basically are in a really good position the only thing that’s really difficult for sellers right now is a lack of information so the more that we can share with those sellers the more that they will put themselves out there in the marketplace to be able to sell and make it easier for buyers basically to afford and purchase a home if you’re ever interested in finding a great seller report of some of the things that you can do to prepare your home for sale to be able to get max price and in the most efficient time please give us a call or send us an email whenever is convenient for you and as always with this video blog if you’re interested in knowing what your home is worth or you’d like to see what other homes are out there coming on the market feel free to click here.

Compass

Realtor/ Broker (BRE: 01958545)

Beverly Hills: 424-239-6519

Minneapolis: 612-294-0447

Related

 beautiful homes in beverly hills, Beverly Hills Real Estate Home Selling Tips, Buy or Sell Youre Home, homes for sale in beverly hills california, top realtor Beverly Hills

1 Comment

  1. Krutz

    on May 4, 2022 at 10:59 pm said  

    Very good written article. It will be valuable to anyone who uses it, as well as me. Keep doing what you are doing – for sure I will check out more posts.

    Log in to Reply

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About Erik Brown

Erik Brown realtor

Hilton, Rolls Royce, Versace Chateau Rothschild

These are not products or services; these are lifestyle choices. You and I can stay at any hotel, drive any car, wear any shirt, or drink wine…
But we don’t want to. We want experiential luxury. And you know what? You deserve it.

Luxury living is a state of mind. If you’re like me, you expect the best, especially when you buy or sell a home in Beverly Hills.

If you are interested in buying or selling a home and appreciate… and deserve… a luxury real estate experience, then click here. Get an idea of the differences.

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Erik Brown / DRE: 01958545
Compass
9454 Wilshire Blvd, Beverly Hills, CA 90212
Los Angeles real estate blog

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ERIK BROWN
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Equal Housing Opportunity In Beverly Hills Real Estate
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All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room count, the number of bedrooms, and the school district in property listings should be verified by your own attorney, architect, or zoning expert.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate.

Erik Brown, Realtor, Compass, DRE: 01958545. All Right Reserved

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