Wednesday, February 20, 2019 / by Jody Lee
Selling a house is a very emotional experience, especially for those who have spent a large part of their lives calling it “home.” Sometimes it’s just cold feet which
After the sale of their home, sellers may have second thoughts regarding the amount they sold it for.
When selling your house pricing your home is ultimately up to you as the seller. Seek the help of an experienced real estate agent that you trust. You will be advised to not overprice your home, and don’t let your emotional attachment help determine the value. An overpriced home will sit on the market for longer than it should ultimately cause you to possibly lower the price or accept a lower offer. Your agent will prepare a CMA (comparative market analysis) for you. This CMA will show you similar properties that have sold around your home and for how much. You will also see Contingent/ pending properties, and active homes to compare to. They will then advise you on a competitive price range to list your home at. It is very important to get the price right before putting it on the market.
Don’t make an impulsive decision to sell your home because the market is in your favor and you could make a good return, or to quickly get out of debt. Does your house not fit your lifestyle right this minute?
Sellers who have loved their previous home so much often worry they’ll never find one as great as the one they sold.
It’s normal to feel such a strong attachment to a home that was well loved and lived in, but if you’re worried that you won’t find a house you’ll love just as much—don’t panic. Its again all about communicating with your agent, telling them what you’re looking for and being open to looking at a lot of houses for sale. That house will be out there at just the right time and you will know when you walk in that door you found your next HOME!