Key Takeaways:
- Deciding when to sell your home is a big decision
- There are many ways to tell if it’s a good time to sell your home
- Work with your local real estate agent to set the best price for your home
We all get those hints of curiosity and intrigue when it comes to our homes, and that small voice starts to chit-chat about moving into a new property. You have to decide when it’s time to listen to that voice, and when it’s best to shoosh it away. But you also need to be careful how you choose, because you don’t want to miss out on a really good deal or the opportune moment to sell.
So as a homeowner, how do you know when it’s time to start to consider selling your home? When you begin to think about selling, pay close attention to see if any of the following pop up. If so, then that is your sign to give us a call so we can talk about helping you start your new and exciting real estate journey!
Common Signs That It’s Time to Sell
Need that little push to tell you that it’s worth thinking about selling your home? Ask yourself, are any of these true:
The Market is Favoring Sellers
Of course, you want the highest price for your home when you’re selling, and a primary driving factor for what you take home is based on the equity you have in your home. That is, how much of the home you actually own or the value that exceeds the current mortgage.
Unfortunately, depending on the circumstances, it’s possible you could walk away with even less than what you paid for it. Pay attention to market trends to determine when home prices are creeping higher. Once you see homes listed at a price you’re comfortable selling at, it’s time to really consider selling.
Not sure how to tell if a market favors buyers or sellers? Never hesitate to ask us, your local real estate sales experts! We’ll work with you to determine the best time and price to sell at.
You Need More or Less Space
One of the main reasons homeowners consider moving is because they’ve either run out of space or they have too much. The two milestones in life that typically lead to homeowners assessing their space are when their family grows or when they retire, but surprising shifts in the modern workforce are adding in new factors like telecommuting and hybrid workspaces. Where you once worked from an office, you may now be stepping out of bed and taking calls in your robe.
If you’re looking around questioning whether your current home is the right size for you, it may be time to move on. We’ll help you find the space that fits you properly, whether it’s a bigger home, something with a dedicated office, or a quaint condo.
Your Lifestyle is Changing
Are you starting to appreciate golf? Maybe you enjoy a more active lifestyle now? Whatever changes you may undergo throughout your life can dictate the community you fit best in. If you find yourself looking for more from your current neighborhood, it may be time to sell and find a lifestyle community.
These communities can include pools, golf courses and country clubs, full-sized fitness centers, tennis courts, walking trails, and so much more. Their goal is to provide a comfortable place to live and offer residents plenty to do.
You’re Emotionally Ready and Motivated to Sell
Have you ever looked around and felt you needed a change? Or maybe life throws something new and unique at you that you don’t want to pass up, and it means leaving your current home. Whatever the catalyst is, it’s your motivator to sell, and wanting it bad enough will give you that emotional push needed to make you emotionally ready to sell.
If you’re feeling motivated by whatever is being sent your way, it’s time to give us a call so we can help you start the next stage of your life.
Get the Definitive Answer
Do any of these apply to you, but you still can’t decide to sell? A neighborhood sold report can help give you the nudge you need to get that “For Sale” sign out on your lawn. Contact us today with some information about your home and we’ll be in touch with your neighborhood report to help you determine if now’s the time to consider selling your home.
We’ll look at prior sales of similar properties and current listings in your neighborhood to determine a fair listing price that maximizes your return and promotes a quick sale.
