WHAT TO KNOW FOR HOME SELLERS
When is the best time to sell my home?
Because the real estate market varies from year to year, there is not a single, concrete answer to this question. However, there are certain trends from year to year to help guide your decision.
In general, spring is the best time to sell your home because this is often when the market receives the most attention from buyers. This period often extends into the summer and tapers off when school starts again in the fall. The specific peak selling months can vary from year to year, depending on the weather and the state of the economy. In past years, the prime selling season can begin at the end of winter/early spring.
What is the difference between list price and sale price?
The list price is the price of the home as it is currently set for sale. The sale price is the price that the buyer and seller eventually agree upon. Typically for sellers, it is best to set a list price close to what they realistically expect the sale price to be. This way the buyer’s expectations are appropriately set and the leads are more likely to result in a sale.
How much is my home worth?
While there are many tools on the web that can give you a rough estimate of your home’s value, these tools are unreliable. The best way to assess your home’s value is to meet with a real estate agent to discuss the local market and your personal goals. We can help you in selling your home.
Here are some of the most important factors when determining the value of a home:
- Location – surrounding neighborhood, proximity to waterfront, schools, cultural centers, etc.
- Number of Bedrooms and Bathrooms
- Square Footage
- Lot Size/Features
- Kitchen and Bath Quality
- Window and Roof Quality
Click here to download my free seller guide