When it comes to packing up and moving it may not seem like there is ever a “right” time. Beyond the stress of listing, packing, finding something new there’s a lot of history in a home and it can be a difficult thing to move on from. A home carries emotional baggage, so it’s not simply a matter of buying low and selling high.
However, there are a few signs that may be telling that the time has come.
The Market is Strong
It’s likely you have a general idea of housing prices in your area, and if not that’s what realtors are for. When looking at selling prices and trying to determine the market make sure to look at the average number of days houses are taking to sell. Is the number decreasing? Taking a look at similar homes for sale in your area and seeing the sell price can also help determine if it’s a price you’d be happy with. If so, it may be time to sell!
Lifestyle and Family Size is Changing
A family is an ever changing structure. To children being born, to adult children moving away, there are big lifestyle changes that can determine the needs in a home. It can be freeing to sell a large home with empty rooms and then pay cash to downsize to a home that better fits your needs.
You are Emotionally Ready with a Plan
Leaving your home may tug at your heartstrings when considering all the memories attached to the space. On top of that, buying a new home while selling your current home is tricky.The important thing is that you’re able to come up with a game plan that doesn’t jeopardize your financial future or leave you without a place to stay. If you have the resources in place to facilitate a smooth transition to your next home, the timing to sell may never be better.
A real estate agent can certainly help you decide whether the time is now when it comes to selling your home. It’s a good idea to have a backup option in the case your home sells quickly, so you are not stuck rushing into a new home that may not be the perfect fit.
Work with a Real Estate Agent to Determine if it’s Time to Sell
A Sarasota real estate agent can help ensure you are as ready as can be before putting your home on the market. Get in touch with our team today to help make the transition as smooth as possible.
