The 2 Types of Home Sellers Every Homebuyer Should Know

Did you know that sellers fall into two main groups? Some want to sell. Others have to sell. Understanding the difference can change everything for buyers like you. Let me explain what these two categories are:

1. Sellers who want to sell. These sellers are testing the market. They don’t need to sell, but they’re curious about what they might get. Maybe they’re thinking of moving up or downsizing. If they can get a high price, great! If not, they’ll wait.

Here’s the challenge: they aren’t in a hurry. If the market isn’t in their favor, they’ll pull their home off the market. They might try again later or even next year. This makes negotiating with them tricky. Without urgency, they’re less likely to accept offers that don’t meet their price.

2. Sellers who have to sell. These are the ones you want to find. They need to sell and are often willing to negotiate. Let’s break down why.

• Investors. They’ve put money into the property, like flips or new builds. They need to sell to fund their next project. The longer it sits, the more it costs them. They’ll often work with buyers to close the deal faster. Sometimes, they’ll even offer perks like lower rates or covering your agent’s commission.
• Homeowners moving to a new home. They’ve already bought their next home and need to sell quickly. They don’t want the stress of carrying two mortgages.
• Inherited property owners. These are people who inherited a home they don’t plan to live in. They don’t want to keep paying taxes and maintenance costs. Selling helps them move on financially and emotionally.

Sellers who have to sell are motivated and this creates opportunities for buyers like you. If the property has been on the market for a while, you can often negotiate better terms. But timing is key—act before a bidding war starts. If you’re looking for a deal or have questions about buying, you can call or text me at (857) 210-9925. I’m here to guide you through every step. Let’s find the right seller for you.