Are you considering putting your home up for sale? Before you do, be sure to ask yourself these three questions.
1. Is now a good time?
Talk with a Realtor who knows your specific market (find one here) and can analyze the current sales inventory and trends. A good agent can determine whether it is a prime time to sell your home to get the best price. There may be all kinds of reasons to wait a season to sell, such as a glut of homes on the market similar to yours.
2. Is the price right?
Setting the right price and understanding how that price was calculated is critical to getting top dollar for your home. An experienced Realtor can provide comparable sales in your area, and evaluate the specific features of your home to set a price that will bring you the most value for your house in the shortest time.
3. What’s my exit strategy?
You never know how quickly your home will sell, so establish a plan in case it happens quickly. Before you list it, know where you’ll go if a buyer swoops in immediately, whether it’s temporary housing, your brother’s basement or your next home. Having a post-sale plan takes some of the anxiety out of selling your home.
The most important step in the selling process? Working with an experienced agent who will provide unmatched service throughout the sales process. You can find one here.
Thank you to my colleagues at RE/MAX for this article.