Five Signs You Are Ready to Sell Your Home
For most people, a home is their most valuable asset. But this is an asset with an emotional connection and relocating changes your lifestyle. So how do you know when letting go of that asset is the right choice?
Below are The Smiley Group’s five big signs that you are ready to sell your home.
Your Family Has Outgrown the Space
Do you feel like every cabinet, closet and room in your home overflows and yet, hoarding is not the problem? If family expansion has overfilled your square footage, you are likely ready to find a bigger place. Selling and moving to a new school district can actually help advance your family in more ways, than just giving you more elbow room. Doing so can also provide better options for education and activities, as well as lower cost tuition.
Another frequent reason for selling is the work-from-home economy. No longer are many people rushing off to the office. Instead, many work from home. This means needing a dedicated space for work that your floorplan may not accommodate. When you grow weary of using your laptop on the sofa and need better productivity, selling can enable you to find a great house in which to establish that home office.
Your Home Is Too Big
Like Goldilocks and the Three Bears, we all need a home that fits us “just right.” When your children grow and leave the nest, you can face having too much space. Unused square footage is a drain on your wallet, particularly through utility bills and taxes. Further, many empty nesters want to spend their time doing things besides yard work and home maintenance.
For other aging adults, climbing stairs is no longer an option. Having an unusable second floor only drains your bank account, just like climbing the stairs drains your energy. Instead of suffering needless space, find the perfect single-floor option in a new house or condo.
You Want to Let Go of the Past
When illness, divorce, economic problems or just a lifestyle you wish to leave behind left its emotional mark on your home, selling can provide great mental relief. For many, a home is not a home when it comes with troubled memories or strife. Give your house and yourself a fresh start, by selling to someone who seeks to form happy memories in your old walls.
The Real Estate Market Seems Primed for Selling
When inventory in your area is low, interest rates are low and buyers are scrambling for options, putting your house on the market can work very well. Such a climate favors sellers and helps you get more from the selling price.
A Great Real Estate Agent Has Buyers Interested
Many people turn away from real estate agents asking if they are interested in selling. But good agents do not ask this question unless they believe – or know – they can sell your home. If an agent asks to connect you with buyers in your market, check out his or her reputation and recent track record. Have they sold homes like yours recently, or do they have properties similar to yours coming on the market? If so, this could be a chance you do not want to pass up.
The Smiley Group is more than a real estate Team. We enjoy representing our clients from all walks of life, including the LGBTQ+ community, in buying and selling their Durham area homes. In fact, our client base is among the most diverse in the region. Regardless of the attributes of your home or the market trends your neighborhood faces, we can use our resources and reputation to find you a great buyer. Call The Smiley Group today at 919-636-8369 or email us at [email protected] and let’s talk about selling your home!