If you have thinking about selling your home you need to read this.
There are a number reasons a home owner decides to sell their home. And we will hit on a few of the more common reasons here in a minute. I also want to touch on one of the biggest reasons a home owner does not choose to put their home on the market.. They Don't Think They Can!
For the past decade we as homeowners have seen it all. From the "we can't lose" times in the early and mid 2000's to the "@$%# we just lost". Many of us that bought a home at or near the height of the market were "House Locked". We had no way of selling our home for what we owed whether or not it still suited the needs of our families. And we all know what happend then. For those of us that were fortunate enough to keep our homes, even if it didn't seem that fortunate, we have been unable to sell with taking a loss. Well fo the most part those days are over. I have not had one client this year have to bring cash to closing.
With the housing market steadily rising in a much more stable and monitored way, those of us that were "Locked" into our homes can now sell. And not just sell, but walk away from the closing table with a check in our hand. And that is a geat feeling! To find out how much money you can walk away with at closing click HERE.
Now let's look at a few of the more common reasons to sell!
Before the bottom of the housing market dropped out, home owners move every 4-5 years on average and after it doubled and then some. A lot can change in 10 years, but our reasons for moving have not.
- Family size. You had a new addition (or two) to the family and and need an extra bedroom or two. Or the children have moved out and maintaining a large empty house has become too much of a burden and you want to downsize.
- Job Change. The job you had was 5 minutes from home and now you spend an hour or two driving too and from work. With the little time left in the day after work nobod wants to waste it stuck in traffic. Gas prices aren't getting any cheaper either.
- Updates. You don't want to go through the hassles and costs of major updates to a home. A new kitchen or bathroom can be costly and you don't always get the same return dollar for dollar.
- Big ROI. You bought your home after the crash and got a great deal on it. With housing prices rising and a lack of inventory you are ready to cash in. Your Return On Investment could be substantial and with deals still to be had out there the sky is the limit.
No matter what your reason for selling is, make sure you are being represented by a real estate agent that has your needs and goals as a priority. Any agent can list your house and put it in the MLS, but what are they going to do to market your home. Most home owners call one company and usually they were referred by a friend or family member. This is your largest asset, don't hesitate to have 2-3 interviews and see which agent works best for you.
I would be honored to be one of the agents you interview...for a free Comparative Market Analysis and to see how I can help you achieve your goals click HERE.