TO SELL OR NOT TO SELL?  PART 1. 

January 14, 2009:  In today's real estate climate in central Indiana, is it worth trying to sell your home now or wait a year or two?  Five different real estate professionals would likely give you five different opinions on this topic.  This is not a "one size fits all" question.  It is specific to your goals, your finances, your specific location, reasons for selling and more.

We are faced with a market condition where "price is king."  If you, as a home seller are NOT in a position to be very, very aggressive with your advertised list price, then maybe you should sit tight and see how the local economy plays out.

Today's sellers have to be able to compete with declining home values and continued foreclosures, which bring our values down even more.  This depends greatly on what "true equity" you have in your property and/ or the amount of liquid assets you have available to cover a potential loss with the sale of your real estate.

Additionally, the condition factor of your "product for sale" MUST be a perfect ten!  This is where many realtors and home sellers fall short and are not honest with themselves.  It is crucial in today's market to consult with a credible home staging consultant to maximize your space and appeal. 

For more information regarding pricing, conditions, and home staging, please feel free to contact me for all of your Home Selling Matters.  Also stay tuned for part II of  "To Sell or Not to Sell", that is everyone's question.

If you are thinking about selling your home, please call me (317) 414-1117 or visit www.chriscastetter.com.    I want the opportunity to earn your business and appreciate your referrals.