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When Is the Right Time to Sell Your Key Biscayne Waterfront Condo?

By
Real Estate Agent with Miami Riviera, llc - Real Estate & Inmobiliaria

When Is the Right Time to Sell Your Key Biscayne Waterfront Condo?

 

Every year, millions of homes are sold each year in the U.S. Although the numbers may be great, still, the decision to list a home is not always an easy one. A home is a major investment and everyone wants a smooth sale to reap the full benefits of that investment. If  you are still undecided whether to sell your Key Colony Key Biscayne waterfront condo or not, here are a few things to keep in mind before calling your real estate agent and putting your home on the market.

 

Keep these key things in mind before selling your waterfront condos in Key Colony Key Biscayne.

 

Reason for Selling. Your motivation for selling is the most important factor in determining whether you should sell your home. Your reasons may include a job change, retirement to a different location, desire to be closer to family members, or financial ones such as decreased or increased income.

 

Whatever your reason is, the main goal is to sell your home at the highest price possible in the quickest possible time. Once you have decided that you are ready to sell, it’s time to look at the other factors that will affect the success of your sale.

 

Timing. Listing your home at the right time can make or break the sale. Many sellers choose to put their homes in the market in the spring because that’s when many buyers are looking for homes. Homes located in good school districts get better offers in the summer because most buyers with children want to settle in before school starts.

 

One major advantage of selling waterfront condos in Key Colony Key Biscayne FL is the year long good weather that attracts many young professionals and empty-nesters. You can have a successful sale at any time of the year regardless of the season.

 

Market Conditions. The existing market conditions also play a major role on the success of your sale.  Although the real estate market is unpredictable, you can check recent sales price of comparable homes in your community to come up with a good listing price and a reasonable time frame. You might want to take into consideration the following market factors:

 

  • Is it a buyers’ market or a sellers’ market?
  • For how long do homes, on average, remain on the market?
  • Are the interest rates currently low or high?

 

You can visit www.MiamiRivieraHomes.com to know more about comparables and homes for sale in the Key Colony Key Biscayne area.

 

 

Prepare your Home

 

Another key factor in determining the right time to sell is the home’s condition. Thoroughly cleaning, decluttering, repairing and staging your home may take weeks, even months to complete. You may also need to invest a little for some upgrades in your Key Colony Key Biscayne beachfront condo to make it more attractive to potential buyers. Make sure all of these are ready before making your home available for showings.

 

Moving Costs

 

Moving from one home to another isn’t cheap, especially if you’re moving across the country. You have to think about the cost of packing and hauling your stuff away, hiring professional movers, insurance and other expenses.

 

The decision on when to sell your home isn’t solely based on the current market situations. You also have to consider your financial as well as emotional circumstances. If you need expert advice, you can always ask your Key Biscayne real estate agent. However, at the end of the day, the choice to sell  will still be yours to make.

 

If you need help in selling your Key Colony Key Biscayne oceanfront condo and for any other real-estate related inquiries including home inspections, call me, Alicia Ale, at 305-586-4160. Let’s make home selling a good experience for you!

Comments (3)

Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

This is a great post, Erika. Those who are considering selling their homes will find these tips very helpful. Thanks for sharing!

Jul 04, 2015 11:41 AM
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Good points for home sellers to think about! You are absolutely right, there are a many factors to consider prior to selling one's home.

Jul 06, 2015 11:29 PM
Rhonda Fee - REALTOR®
Luxury Property Agent, Home Sales, Relocation - Pleasanton, CA
Professional, Knowledgeable, Trustworthy

Thanks for these great reminders, Alicia! This is definitely helpful for owners of Key Colony Key Biscayne waterfront condos.

Aug 20, 2015 02:50 AM