When To Sell Your Home

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

Not everyone has a choice of when to move. There may be age or health concerns that affect when you sell.  There may be a loss of a spouse or caregiver. There may be family too far away that you are not able to stay connected. There may be financial challenges when you don't have a choice, and there comes a time when a move is a necessity.

Changing homes is not easy at any time, but as people age, there is more of a challenge: so many questions and so many concerns.

Is your home set up to 'age-in-place? 

Is it safe?

Is it accessible, preferably without stairs? Is a ramp or stair-glide possible?

How is your general health? How is your mental health and memory? Are you thinking ahead of five years?

Consider some choices: move to an apartment,  buy a condo, check out a 55 plus community, or a senior facility.

Move-in with family or having family move into your home is yet another choice but is not suitable for everyone. How are the family dynamics?

It is always a good idea to know where you are going before you are ready to list.

When is the time to right-size?

When and how to decide to give up your home? Is your home too much to manage?

Maintenance, lawn care, snow removal may be overwhelming. Getting trusted people to help care for your home may no longer be possible.

You may also want to take advantage of the market as your home has appreciated and increased in value. Financially this may be the best time to move.

 

Lots of questions. Not to be rushed. Seek advice. Talk to an agent that is sensitive to your needs. There are resources to help. 

If you would like to talk about the logistics of a possible move from your home

Call Margaret Rome

Margaret Rome

Comments (17)

Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Margaret - there are many factors involved in the home selling process.  This post serves as a good guide to help keeping some of those initial questions in the forefront.  

Oct 06, 2021 04:55 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Selling a home is usually a big emotional decision and I have always thought that the best time to sell a home is when someone is ready to sell their home.

Oct 06, 2021 05:40 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Margaret. Thinking you may want to sell your home? In the Baltimore area seek the consult of Margaret Rome! That's my two cents! Enjoy your day. 

Oct 06, 2021 05:43 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great post to read. I believe everyone's situation is different they have to decide when it is the right time to sell. Thanks for sharing. I hope you have a great day.

Oct 06, 2021 08:24 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret my home is not set up to "Age In Place", so many of the things you mentioned are concerns my wife and I have.  The main one is eliminating the stairs by going to single level living.

Oct 06, 2021 10:06 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

"It is always a good idea to know where you are going before you are ready to list."  Very true, Margaret!

Oct 06, 2021 05:56 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Margaret, on having this blog FEATURED in the Old Farts Club group!  

Oct 06, 2021 05:57 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Michael Jacobs, So important to ask the right questions up front. What are the seller's needs and motivation? Always good to see you.

Oct 07, 2021 05:42 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Brian England, What you say is so true. The best time to sell is when the seller is sure they are ready to make this decision.

Oct 07, 2021 05:44 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Thank you, Wayne Martin,  I will always welcome your two cents!

Oct 07, 2021 05:46 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Pat Champion, Thanks for your comment and I so agree...

"I believe everyone's situation is different they have to decide when it is the right time to sell.'' 

Oct 07, 2021 05:48 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George Souto, The first step, as you say, is recognizing whether your home is or can be made acceptable for aging in place.

Oct 07, 2021 05:50 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Myrl Jeffcoat, For sure!

 "It is always a good idea to know where you are going before you are ready to list."

Oct 07, 2021 06:19 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Myrl Jeffcoat Thanks for the feature. I love your OFC Group and you!

Oct 07, 2021 06:36 AM
Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

We will be moving out of our two story house next summer and moving to a single story home in a 55+ community.  We can't wait, except for the moving everything over 700 miles.  😆

Oct 08, 2021 09:24 AM
Raymond Denton

Moving to Casta del Sol Raymond Henson, eXp Realty?

Oct 13, 2021 09:29 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Wishing you all the best in your new home. Maybe you can write about ...before, during, and after the move from a Realtors® point of view. Raymond Henson, eXp Realty 

Oct 08, 2021 10:57 AM
Raymond Henson, eXp Realty

Great idea, Margaret Rome Baltimore 410-530-2400.  I will do that when the time gets closer.

Oct 08, 2021 03:17 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Raymond Denton You could actually start now with what you are doing to prepare.  Are you going to be doing RE in your new town? If so, you could start blogging so people will know you even before you arrive!

Oct 08, 2021 04:12 PM