If you’re waiting to sell, you’re missing out on some fantastic profits.
Our real estate market is as hot as our temperatures, which is to say it’s practically on fire. So if you own a home right now, you’re essentially swimming in a pile of money.
Sellers are making ridiculous profits by jumping into the market. Agents are keeping their hands full with new clients who are flooding in and trying to buy and sell homes. We just served our 110th client this year, closing over $50 million for area Buyers and Sellers in 2021! So we are acutely aware of just how much demand is out there.
“But show us the money - we want examples!”
No problem! To give you an idea of what sellers can get today, I’d like to show off a few homes that are what I call “stoopid money properties” (the two oo’s are for emphasis).
Stoopid Money Scenario #1 - Downtown St. George: We listed a home in Downtown St. George for $499,000, which is already pretty high based on historical values in the area. Just a bit larger than 1,900 sf! Get this: It sold for $550,000 within 24 hours. We literally had half a dozen buyers fighting for it.
Stoopid Money Scenario #2 - Red Cliffs: Another home in the Red Cliffs area sold for $240,000 in 2016, but it just sold again for $405,000 last month. A “stucco box” built in the 1990s…the epitome of average! And they struck $165k worth of “gold”—in just four years.
Stoopid Money Scenario #3 - Arcadia Resort: Finally, a home in Arcadia sold for $660,000 in 2019—guess how much it went for this year? Would you believe it sold for $1.1 million?
If that’s not stoopid money, I don’t know what is.
Needless to say, it’s an incredible time to be a (selling) homeowner right now. So if you’ve had even the slightest thought of selling your home, now is the moment to strike—especially if it’s an investment property or second home.
If you’d like to get a “quick and dirty” estimate of what your home might be worth, you can do so in about 60 seconds right here: www.DixieHomeValue.com.
That’s an automated valuation system. It’s generally accurate but far from having us look at your home and provide a full-blown, on-the-ground opinion of value.
If you’d like us to do so, just say the word! Reply to this email or call the Larkin Group team and me at 435-375-3462.
We’ll give you a custom, written report that will show precisely how much you can expect to pocket if you sell now - no obligation whatsoever.
If you have any other St. George real estate questions, feel free to reach out to us. We look forward to helping you soon!
-Jeremy Larkin & The Larkin Group