Are you considering selling your house, but not sure when is the right time or what to do first? There are a number of factors to consider when deciding when to list your home for sale. Here are some tips to help you make the right decision.
1. Reason for selling: Do you have time to sell or does it need to be immediate? Is this for a new job or is this for a growing family or new needs for yourself? The timeline of when you want to sell makes a difference when it comes to how you approach a sell.
2. Evaluate Current Market: Do your research to determine the current housing market in your area. Are home prices increasing or decreasing? Are homes selling quickly or slowly? Are there a lot of homes on the market or is the market limited?
3. Consult with a Real Estate Professional: An experienced real estate agent can help you with the market, setting a price, and understanding if your timeline can work. Let a professional help you!
4. Consider the Costs: Selling your house can make you money – but it can also cost money up front! You may need to spruce up your home before listing it, pay for professional photos, pay for temporary storage while showing, or the cost if you don’t sell right away and have a new mortgage. Consider your budget and determine if now is the best time to sell your home.
Selling your home is a big decision, and it’s important to make sure you are considering all the factors that can go into it!