Houses play a huge part in every family's life. So, when it comes to selling your home, it can get quite emotional.
Here are 5 critical questions that you have to ask yourself and your family before selling your home to make sure you are ready for it!
Question #1: Are You Making the Right Move?
The real estate market is ever-changing. Regardless of the market, whether it's hot or not, you have to ask yourself first, "Is this the right time for you and your family to make this big move?"
Putting your house up for sale is a big task. There are so many things that you have to do and prepare in order to make people fall in love with your home and buy it.
So, before anything, make sure you and your family are in a place to make this significant change.
Question #2: What Kind of Market are You In?
Once you know that your family is ready to undertake this change, the next thing you need to know is the current market state.
It is one thing to make sure that your home is ready, but it is also essential to know if the market is ready for it too. You have to identify whether you are in a buyer's market, seller's market or balanced market.
Here's a big tip, don't just read the paper or watch the news to help you understand where the market is at for your house. That's a bad idea! A condo market in one community can be completely different from a condo market in another part of the city.
You have to truly understand what the market is doing and what that means for you. Ask professional advice from realtors to help you understand market stats, which will help to put your plans in the proper perspective.
Question #3: Is Your Family Ready for Disruption?
Preparing to show your house can be disruptive and takes a lot of work to getting it ready and ticking off everything on your checklist.
There are many things to take into consideration. Are your children going to school? Are you working from home? Are you driving to work every day? Do you have pets? How will you handle all these concerns while the showings are happening?
Disruptions can be overwhelming at this stage, and the real question here is, is it worth it?
Question #4: Can You Let Go and Trust an Agent?
There are many agents out there, and it's highly encouraged to interview as many as you can. You have to find someone you can trust to lead the process as you become a part of it. Trying to lead or manipulate the process to what you want can really be rough. You might end up pushing away buyers because you're trying to force a sale untimely.
Ensure you have an agent that you truly trust to be incredible at marketing, negotiations, and pricing. Find a good person you can trust, let go, and know that it is going to be taken care of as you ride the wave.
Question #5: How are You and Your Family Going to be Sane During this Process?
Selling a house can be very draining. You have to find ways to calm yourself during the process and find a new level of normal for the entire family.
Many things will happen, such as stalking MLS to watch other homes and see what they are doing. The other big thing is anticipating everyone who views your house could be the buyer!
Talk to your family and your agent to come up with a plan on how your family is going to weather the storm, stay calm, and sane throughout the process.
If there's anything that we can do to help you out with selling your home, please let us know. You can call us at 587-316-5400 or send an email to email@example.com.