When to sell your house?

After more than a decade as a licensed real estate seller in New York State, I have often been asked if there is a better time to sell your home. While a home can be effectively marketed and sold at almost any time, statistics indicate that more homes are sold during what is known as the Spring Market than during other periods. However, it is important to realize that there is usually a lot more competition during that period as well. If you want to sell your house, during that period, it is important to know the competition and be prepared and competitive. Hire the right real estate agent to meet your needs, goals and expectations, who will help you position yourself. the house, effectively and efficiently, is an essential part of this process! Ask your agent how to get the price right from the start.

1. Prices: When you know and understand the local real estate market and agree on a relevant and professionally considered pricing strategy, your chances are optimized. When there are more houses on the market, there are usually more buyers, as well as sellers, and therefore a lot has to do with the specific house, the neighborhood, relevant factors, and financial issues (such as mortgage interest rates). , property taxes, etc.). In recent years, there has been less of an emphasis on seasonal home marketing and we have seen an increased number of sales throughout the year.

two. Why are you selling?: Are you selling because you have to or because you want to? What are your personal motivations? Do you know your true needs? How fast do you need to sell and why? Are you focusing on the bigger picture, or not? Is your move based on work-related issues requiring relocation, family needs (size, conditions, schools, safety), or personal financial challenges or improvements? Are you waiting to upgrade or downsize? Know your reasons, be realistic, hire the right agent (for you), and try to proceed logically (rather than just emotionally).

3. Have you already found your new home?: Obviously, if you’ve already committed to buying a new home, there may be more pressure on you to sell your existing home. Discuss, in detail, with your real estate professional, so that you plan accordingly from the beginning.

Home sales are no longer simply seasonal, however the best time to list your home varies based on individual needs, circumstances and local market conditions! A wise and prepared salesperson is usually the one who gets the results that he is looking for!