When Should You Sell Your Residence?

by Maryann Ross Levanti 10/11/2020

There is no right or wrong time to sell a home. However, it is important to remember that selling a home is a life-changing decision. And as such, the decision to sell a home should not be taken lightly.

If you are unsure about whether now is the right time to add your house to the real estate market, there is no need to stress. For those who understand all of their options, they can make an informed decision about selling a residence.

Meanwhile, if you ultimately decide to list your residence, there are several things you can do to boost the likelihood of enjoying a successful home selling experience. These include:

1. Analyze Your Home's Condition

The condition of your home can have far-flung effects on your home selling experience. If you allocate time and resources to analyze your house's condition, you may be able to identify problems that otherwise could slow down the home selling journey. Then, you can address these issues before they escalate.

Oftentimes, it helps to conduct a home inspection before you list your residence. This inspection will enable you to quickly identify any underlying problems with your residence and determine the best ways to correct these issues.

2. Learn About the Local Housing Market

The local housing market may impact how much a buyer is willing to pay for your residence. For example, if an abundance of high-quality residences is available, a buyer has no shortage of options at his or her disposal. In this instance, home sellers likely will need to do everything possible to stir up interest in their houses due to the sheer volume of properties available to buyers.

If you learn about the local housing market, you can determine whether a buyer's or seller's market is in place. For instance, if the number of homes exceeds the number of property buyers, the real estate market likely favors buyers. Or, if the number of homebuyers exceeds the number of top-notch homes available, the real estate market likely favors sellers.

Don't forget to review the prices of homes in your city or town that are comparable to your own, either. That way, you can use this housing market data to establish a competitive initial asking price for your residence.

3. Collaborate with a Real Estate Agent

A real estate agent is a home selling expert who can guide you along each stage of the property selling journey. As a result, a real estate agent will make it easy for you to sell your home and maximize your house sale earnings.

In addition, a real estate agent can provide helpful resources as you navigate the home selling journey. And if you ever have home selling concerns or queries, a real estate agent is prepared to respond to them.

Ready to list your residence? Take advantage of the aforementioned tips, and you could reap the benefits of a successful home selling experience.

About the Author
Author

Maryann Ross Levanti

I'm Maryann Ross Levanti, looking forward to meeting you and helping you find your new home and/or sell your current one. I've lived in Fairfield County the majority of my life - grew up in Westport, (Coleytown, Coleytown, Staples), undergrad at UPenn, masters from Edinburgh, Scotland. I'm ABR and GRI certified, and hold a broker's license in real estate, as well as a provisional appraiser license. Additionally, I am the exclusive agent for CCO Habitats - a HOBI award winning building company which regularly offers new construction homes as well as renovated homes to the market in Westport. In my 20 plus years of selling homes, I've learned many things - among them - the customer is not always right. Nor am I. However, if we work together we have a much better chance of being correct and either getting your home sold or finding the home that best suits your needs. Yes, I'm outspoken and opinionated. But anyone with a license can open a door - wouldn't you rather have doors opened by someone who actually tells you the truth and is willing to put her years of experience and knowledge into working 24/7 for you to help you understand what you're getting into? You may not always like what you hear, and there are no crystal balls in this business. But I believe an informed decision is always better. Hopefully you do too! As a yearly winner of the Connecticut Five Star Realtor award and frequently repeated recipient of customer service awards indicate; my priority is you, my client, and my clients appreciate it. Put my local knowledge, professional skills, ethics and dedication to work for you - give me a call 203.984.5157.