Monday, May 18, 2015

How to Know When to List Your Home


You want to get the best price possible when you list your home for sale. With an up and down housing market, it can be difficult to know the best time. However, the financial aspect is only one factor in deciding when and if to sell your home. You have to consider your own needs. Here are some signs to help you know when it is the right time.

Lack of Space

One of the biggest reasons people have for selling and buying a new place is that they have outgrown their current homes. Many people buy starter homes with plans to live in them for five to seven years and then move on. Once you have reached that point, you know it is time to find a new place and put yours on the market.

You Have Equity

If you have been planning to sell for some time but held out because of the poor housing market, you may be ready to take the next step once you have equity in your home again. Do your research to determine if your home is worth more than what you owe. If so, you may be ready to capitalize on it and list your home.

More Sales in Your Neighborhood

If you are seeing the Sold sign more often in your neighborhood, it may be a sign that now is a good time to sell. Certain neighborhoods are booming with growth and buyers are desperate to get into these areas. That often means a higher price for you.

Less Time for All of the Work

You may have gotten to the point in your life when you don't have time or energy for the upkeep of your home. Rather than letting things fall apart and causing your home to lose value, consider selling it and buying something with less work involved.

Where You are in Your Life

As your life changes, so does what you need in a home. Maybe you have more kids now or they are growing up and moving out. You may have switched jobs and now have a longer commute or you may be looking at retirement. If your house no longer fits in with your current life, it may be tie for a change.

When you are ready to sell your home, give me a call. I can help you list your house and sell it quickly so that you can move on to the next stage in your life.