Warmer weather is the perfect time to sell your home. Homebuyers look to the summer months for house hunting, and the competition amongst buyers is usually higher – a win-win for everyone. If you are considering putting your home up for sale, there are some options you should consider first. From doing your homework about recent sales in your area to hiring an appraiser – look at these tips to determine if selling your home now is right for you and your family.
Are you ready to sell your home this summer?
Image via: Ownby Design
Scope out the competition before selling your home:
Most homeowners have their own opinion about what the asking price should be for their home, but the reality is there are several factors that should guide you. First, research the comparable homes in your neighborhood and surrounding 3-5 mile radius of homes that have sold recently and are on the market currently. Look at homes that have similar amenities, as yours to ensure you are comparing “like” homes. This will help you see what homes sold for, as well as what homebuyers are looking for in a home. Base your asking price off of these comparables as well as amenities that are in your current home. Hire an appraiser to help guide you as well. A professional appraiser will walk through your home and will have a non-biased approach to putting a price on the worth of your home based on age, condition, amenities, home improvements, etc…
Home exterior for sale
Image via: Arthur Rutenberg Homes
Determine if you and your family are ready to sell:
Once your home has been appraised, it’s now time to determine if it’s the right time to sell your home. Each family has unique circumstances and going into selling your home will take patience on your part, as well as a major change to your daily routine. From having your home staged to appeal to buyers, to negotiating with potential buyers, often times home sellers aren’t prepared for the lifestyle shift. Other considerations are the time of year you decide to move may not coincide with a convenient time for your children in school or your work schedule. Keep all these factors in mind before you put up the “for sale” sign.
Home exterior red cedar
Image via: Minnetonka Custom Homes, Inc
Selling your home can be exciting and a big change to your lifestyle. Use these helpful tips to determine if now is the best time. The summer is a great time for home selling, and when armed with the right information, you may discover this is the perfect time for you and your family to move!
For more home selling advice, click here.