.. has already begun. Last year, the crazy Cary real estate market of multiple above asking price offers and homes selling before they even hit the market started in April. This year, it started last week. On Wednesday, my clients and I were the first people to tour a home that had just hit the market. Thursday morning I called the listing agent to ask a few questions only to find out that the house was under contract, sight unseen to an out of state buyer. Her words were - it went WAY over asking price.
Luckily, my clients weren't absolutely in love with it, so we set up a schedule of homes to see on Saturday. Early Saturday morning, I got a message from the agent of one of those houses, saying they already had multiple offers, and were asking us to submit our highest and best offer by 5pm. It had been on the market less than 24 hours.
Something new popped up on the MLS Saturday night, so we scheduled a showing for noon on Sunday. I got a call from the agent cancelling it because they already had two offers. Ugh. What's an agent to do?
The main issue is that while we have buyers chomping at the bit, there is very little for sale. Most people wait for spring to put their homes on the market, but if it is in the right LOCATION, LOCATION, LOCATION (Cary) and priced right, I suggest you give me a call today, so we can get it on the market and with a little tiny bit of luck, sold by Sunday. Of course, I cannot guarantee I can actually sell your house in a weekend, but if this buying frenzy holds up, it could happen.
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