By The A-Team | Oct 02, 2017 | Sellers
Have you been thinking of selling your home? When it comes to deciding whether or not to sell, potential sale prices shouldn't be the only factor you take into account. Your personal situation plays a big part in the decision as well. Here are a few ways to tell if selling would be a good idea, or a bad one.
The first thing you might consider before making deciding to sell is to review your general financial situation and if you can afford to sell your home. Although selling can make you money, a great sale requires a great home, which can set you back. It's important to keep this in mind before listing:
Repairs and upgrades are not to be underestimated, as costs can rack up quickly.
Can I afford to sell my home?If you’re going to sell, a few smart investments in repairs, updates and maintenance can make a big difference to the final selling price. So you might need to have some money up your sleeve to pay for sprucing up your home for viewings with fresh paint, a quick makeover for outdated bathrooms or kitchens and a thorough trim and tidy up for the front of the house and gardens. Simple but clever styling tricks can also help. Read full article here...
It's not just a matter of deciding to sell or not; it's deciding when, as well. The season in which you sell your home plays a role in the process. It's common for sellers to list homes based on their life schedule, according to Karen Highland of Frederick Real Estate:
Each season has its own advantages and benefits, both for buyer and seller. What’s important is that you understand how the seasons affect the market and decide which season fits with your circumstances and lifestyle.
Seasonal Home Selling AdviceMany sellers decide to choose the time to sell their home that fits with their seasonal life schedule. Families with school aged children, for example, often put their home on the market in spring, so they can have the summer to move, and so that their children can start the new school year off in their new school district, if they move to a different area. Some sellers must schedule around job changes, marriage, retirement, or other major life changes.
In these decisions, it is never a wrong time to put a home on the market at a time that fits with your circumstances. The priority of an easier transition into changing life circumstances is a major motivation that is important to consider during the stressful process of selling and buying a home. See more...
Lastly, if you do decide to sell, it's advisable to have your home looking attractive on the outside. You may have put a lot of time and money into your home's utilities and amenities, but appearance is imperative as well. Aesthetically, your home needs to look appealing to buyers:
Getting your home ready to sell can have a major impact on the selling price, and staging it to look attractive to buyers is one thing that your listing agent should be able to help with.
Have your home looking its bestRegardless of the season you choose to sell, listing your home for sale involves a few non-negotiables.
Your property needs to be in tip top shape to attract buyers. Even minor flaws can see the price knocked down. Think too about whether you have the time to keep your home looking immaculate for buyer inspections.
Think too about which time of day brings most natural light into your home’s interior. Discuss this with your listing agent to ensure the best possible marketing photos and open home inspection times. It’s the little extra steps that can add up to a higher selling price – regardless of season. Read more...
All in all, many factors go into the decision to sell a home, and sometimes, you may find that it's just not the right time. It's best to ask a listing agent for more information if you feel stuck.