What To Expect if You Buy or Sell a Kansas City Area Home This June

June is a busy month in the Kansas City housing market because many people buy and sell during this time. If you're considering a move and want to make it happen this month, here's a quick overview of what you need to know to ensure you're prepared.

If You're Buying A Home This June
Late spring and early summer are the busiest and most competitive times of the year for the real estate market. It is common for homebuyers with children to move during this time between school years, which means more buyers will be looking for homes, leading to increased competition. However, on the plus side, more sellers will also list their properties during this time, providing buyers with more options. According to an article from Bankrate, "Late spring and early summer are the busiest and most competitive time of year for the real estate market. There's usually more inventory listed for sale than other times of year... This is a double-edged sword for a buyer, as you will be met with more opportunities but [also] much more competition."

In this busy time of year, working with a trusted real estate agent is especially important. Our Just Say Home agents will help you stay updated on the latest listings, provide expertise on making a solid offer in a competitive market, and offer insight into a property's actual value so that you can make an informed decision when purchasing. Our passion and job are to protect your interests and negotiate fiercely on your behalf! As Forbes advises, "Approaching the market confidently, armed with good information and grounded expectations, will take you far. Don't let the hustle of the market convince you to buy something that's not in your budget or not right for your lifestyle."

If You're Selling A Home This June
With more buyers in the market this time of year, sellers are in a strong position. Many buyers are eager to seal the deal before the next school year starts, so they will likely make competitive offers. If your house is well presented and priced correctly, you may see it sell faster or for a higher price. According to the National Association of Realtors (NAR): "Warmer weather and the end of the school year encourage more people to buy and sell, respectively. Buyers are looking to move and settle before the new school year begins,  contributing to increased competition and, consequently, higher prices."

It's essential to have an EXPERT Kansas City area real estate agent working with you to handle any contingencies and negotiations so you can choose the best offer! Discuss closing dates with your agent. Buyers who need to coordinate their move with the school year might need to adjust their timeline based on the school calendar in your area. For example, if your house goes under contract in early summer, the buyer may want to delay closing until the school year ends or their current home sells. On the other hand, a buyer later in the summer may want to close quickly and move in within a month. Remaining flexible can help keep the deal on track, and the buyer may be open to concessions, such as covering some of your closing costs or overlooking necessary repairs.

Bottom Line
Let's discuss what to expect if you're considering a move in June. We'll create a plan considering current market conditions while meeting your needs.

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