Middle Tennessee is currently facing a low inventory market. When the housing demand is high, but the amount of available homes is low, buyers are caught in a very competitive market. In low inventory markets, it is difficult for buyers to find the right property and make the winning offer. But Holloway Home Group has a team of agents who are dedicated to helping our clients find homes for sale in Middle Tennessee. We have five specific ways that we help buyers during a low inventory market.
1. For-Sale-by-Owner Homes
We watch beyond our multi-listing system, keeping an eye out for homeowners who are ready to sell on their own. If their property matches what our homeowners are looking for, we pair our clients with that seller to see if our client is interested in making an offer.
2. For-Rent-by-Owner Homes
Some homeowners have been renting their properties for a while and are ready to sell. We pursue owners of rental properties to learn if they are ready to put their property on the market.
3. Hard-to-Find Properties
Holloway Home Group maintains a list of people who would be ready to sell their home when the right buyer comes along.
4. Circle Prospecting
“Circle prospecting” is when we narrow down which neighborhood our buyers are interested in, then we try to find a home in that neighborhood. We begin calling the neighbors in that community to learn who may be ready to sell their home.
5. Social Media
We reach out to our Facebook, Instagram, and LinkedIn audiences to help us find the right homes for our buyers. If our buyers are comfortable with us sharing their stories, we engage in crowdsourcing to learn what specific properties may meet their desired criteria.
At Holloway Home Group, it’s our mission to make the real estate process “ALL ABOUT YOU.” We use our resources to ensure our clients have positive real estate experiences. Those who are considering purchasing a home in Middle Tennessee can trust Holloway Home Group to guide them no matter the market. Contact us to learn more—info@teamhhg.com.
If you are looking for that perfect home or looking to sell that special home, call Holloway Home Group agent Erin Holloway at 615-939-4085 or email hollowayhomegroup@gmail.com. Holloway Home Group can also help you buy another house or determine your home’s value. Don’t wait – call us today: (615) 778-1818. For more updates on new listings or real estate activity, follow us on Instagram!