Last Updated on October 6, 2022
Allen Tate President & CEO Pat Riley offers advice to buyers and sellers
Homes are appreciating at unprecedented levels. Buyer demand is skyrocketing. Housing supply is at a critically low level. And contractors are booked months in advance with remodeling and repair projects.
So how do you win in today’s real estate market?
In the May edition of Carolinas Market Update, Allen Tate Companies President and CEO Pat Riley shares the secret: Connections.
“Sellers are controlling supply. We have Boomers who are not ready to downsize. We have homeowners with homes they would like to sell, but they need work. And we have sellers who will not list their home for sale until they find one they want to buy,” Riley said.
“Unequivocally in this market, you need a Realtor® to coach you and guide you to your set goal. You need an expert, with connections, searching diligently for what you want. If you sit and wait, you’ll lose out. You need to find the home first, with our help,” he said.
And while finding a home can be tough, winning the offer is even more challenging. A Realtor can help you present an offer that stands out and can help you navigate through intense multi-offer scenarios and due diligence.
“The market is challenging, but our commitment is the same as it has been for 64 years – to meet and exceed your real estate goals,” Riley said.
Carolinas Market Update is targeted to consumers in the Charlotte, Triad, Research Triangle, High Country, and Upstate S.C. regions. It is produced every other month by the Allen Tate Companies and features information, statistics, trends, and predictions about the real estate market in North and South Carolina.