Thinking about making a move? Here are 4 things to consider before selling.
It’s a Seller’s Market
Are you noticing a lot of buying and selling in your area? Area homes being sold as soon as they’re listed? Are home values increasing? Congratulations, it’s a seller’s market and probably a great time to make that move you’ve been dreaming about.
You’ve Got Positive Equity
Positive equity simply means that your home is worth more than what you still owe on it. So, if your home is worth $500K and you only owe $100K on your mortgage, you have positive equity.
Your Home Needs Remodeling or Big Repairs
Sometimes, it’s just easier to move, am I right? If you’re unwilling (or unable) to deal with the hassles of renovating your home, it may be time to sell. In that case, you can simply sell your home “as is” and let someone else deal with the repairs.
You’re Emotionally Ready to Sell
Even if all the numbers work out in your favor, selling a home is stressful — even more so when you’re buying a new home at the same time! If you’re prepared for all the effort that goes into selling a home, why not go for it?
There’s one more thing you’ll want to consider when it comes to selling your home, your Realtor!
Your agent handles a whole lot more than just listing your home in the MLS and showing it off to prospective buyers. Your agents should also offer advice on how to get the most money for your home, repairs to make (or skip), setting the right price, and negotiating offers. Not to mention, all the marketing, showings, and open houses you need to get your home sold fast.
So if you’re thinking about making a move (or know someone who is), I can help! Let’s chat!