Is Now the Right Time to Sell?
Deciding to Sell is a Big Financial Decision. Let’s see if now is the right time
The real estate market is constantly changing. No matter the market being up or down, new listings come onto the market and the best ones in price, condition, and location are being shown to buyers. Our goal if you decide to sell is to get you showings, offers and on with your new chapter in life.
What is Your Primary Objective?
This may seem like an obvious question at first glance but there is more to this onion as you peel back the layers. Most of us will say, “Maximize my sale price and sell it in the fastest amount of time.” This is the best-case scenario but if things take a little longer, are you willing to sell at the new lower market value? Do you have a new job you need to be at in another city? Do you need to be in your new home before the start of the next school year? As you start to think through your primary objective it may become apparent that time is more important or price remains at the top. Whatever it is, this is an essential first question when asking yourself, “Is Now the Right Time to Sell?”
Is the market up or down?
For most of us, when we think about timing the market, it all relates to how the real estate market is performing in general. Is it up? Is it down? What is up? What is down? The media does a great job of sensationalizing these trends when in reality that is only a part of the story. As you know the three main words in real estate are, “location, location, location”. Put another way, the market may be up in your friend’s neighborhood and down in yours! The only way to know this for sure is to sit down with a trusted real estate professional and see how the market is performing relative to your home, not just the general trend.
Is it the right time of year to sell?
We hear about it in real estate all the time, it’s the “Spring Market” or the “Fall Market”, two periods in the year where historically more sales occur than in other parts of the year. Let’s be honest, most people don’t want to shop for homes when it’s really cold out or really nice out…the shoulder seasons of spring and fall is where the action happens! That said, don’t be deterred if you want to list in summer or winter, homes still do sell but we may have to be a little more aggressive with our marketing!
Should I love it or list it?
The fact of the matter is, now may not be the right time to sell. And it might not be the right time to sell for the foreseeable future. That doesn’t mean you shouldn’t have a home that fits your family needs. Sometimes you just need to freshen things up. Before you go spending any money make sure have an idea about what your future holds as with any investment, you want to know if you a making an investment for your pocketbook or for your life! They can be two very different things!
Conclusion
The decision to sell your home is a big one and you shouldn’t have to make it alone. We are here to help you in every aspect and give you the information you need to make the decisions with clarity.
Technology is great. Having the right people is better.
Let Us Help You Sell Your Home
Your home is probably your single most valuable asset. That is why we always go the extra mile in providing you with the highest level of real estate service that will make us your preferred real estate professional.
Have Questions? Talk to an Advisor
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