Reasons Why Home Owners Sell to Move

By
Services for Real Estate Pros with EXIT Shore Realty

Many home owners in America love to buy then sell their home in 5 to 7 years after owning the home. I understand that people living in a home for 20 years or more would have ahard time to just pack-up and move. 

Here are the reasons I found why people sell and move:

  1. Too Small of a Home - First-time home buyers usually grown out of their starter homes.
  2. Home Upgrade - Many people love to have what they don't have. Usually some luxurious and bigger.
  3. Fix Purchase Error - Some homeowners believe they made a mistake when they purchased the home.
  4. Job Transfer - Relocation usually means you need to sell to move.
  5. Relationships - Many partners decide to live together and sell one or the others homes.
  6. Changes in the Neighborhood - Neighborhoods can change for the worse or better, socially and physically.
  7. Retirement - Retirement communities attract the retirees for ages over 55 years old. 
  8. Home Improvement Perfection - Many people love the tasks to restoring a home. But it...fix it...sell it
  9. Cash in Equity - People don't want the money in the house, they want in their bank account. 
  10. Lifestyle Changes - People want something new and want new scenery or want to travel.
 
Posted by

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John Wingate | Maryland Realtor

Salisbury Maryland Realtor   

  

Real Estate Home Network

John Wingate is a Maryland real estate agent with Exit Shore Realty in Salisbury, MD. John will be helpful with your real estate needs in Somerset County, Wicomico County and Worecester County, MD.

Comments (3)

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Real Estate Faster - Los Angeles, CA

Those are great points on why people sell and move. Useful tips!

Dec 26, 2011 07:11 AM
Joan Valverde
HomeSmart - Colorado Springs, CO
GRI,CDPE,CNE,MRP,SRES Colo Sprgs, Blk Forest, Monu

John,  There are so many reasons why folks move.  The list you have above covers many of them.  The other one I am hearing about is to live closer to Parents when they get older and need assistance. 

Dec 26, 2011 09:54 AM
John Wingate
EXIT Shore Realty - Salisbury, MD
Salisbury MD Real Estate, 302.339.5185, Salisbury, MD Homes

I will be adding a few others to the list. Living closer to family, especially parents, is one of them going on the list. 

Dec 26, 2011 10:21 PM