The Home Selling Handbook

It can be challenging to set aside your emotional attachment to the home you’ve spent a lifetime in from the need to inspire potential buyers to envision themselves making the place their own as a homeowner getting ready to sell your property.

Even if you’ve previously overcome the emotional challenge of selling your home, the pressure to set a fair price and draw in qualified buyers can present a challenge in and of itself. You might find yourself imitating earlier generations by burying a St. Joseph statue in the yard or staying up all night checking web listings to see how other properties on the market are valued.

Selling a home needs work—possibly much more work than you had anticipated—whether you’re ready to relocate for a job, downsize to a smaller home for your growing family, or a different region of the country.

Your chances of attracting interested offers willing to pay top dollar for your home will increase the more work you put into finding an agent to list your home, making necessary repairs, and maintaining your property in immaculate condition so it’s ready for potential buyers to tour it on short notice.

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When to Sell Your House

The current property market, the state of your home, and your ability to connect with the right purchasers can all affect how long it takes you to sell your house.

It may just take a week to clean and take images of a marketable home. On the other hand, it can take a few weeks to repaint the inside, update the landscaping, and get a roof leak fixed. The length of time a house is on the market depends on its condition, value, and neighborhood, but once you’re under contract, you can anticipate that the closing date will be set for about a month later. This will give the buyer time to have the house inspected and give the buyer’s lender time to appraise the property, underwrite, and approve the loan.

Before you put your house on the market, think about how your demands, as well as outside influences, may affect the overall schedule.

Is Now the Right Time to Sell?

There aren’t enough homes on the market to satisfy buyer demand in the majority of U.S. markets due to inventory constraints. This frequently results in competitive bidding wars as numerous offers arrive simultaneously and raise prices.

The best seasons to list your house are typically spring and fall when the majority of buyers are actively looking. Less people buy throughout the summer because they are on vacation, and during the holidays, when it is chilly outside most of the time, people choose to stay inside.

However, this does not imply that there are no buyers during the off-season, given the number of buyers currently active in the market, there is rarely any off-season at all. Even if fewer buyers are looking at houses in the dead of winter, you might discover that they are more serious about making an offer when they locate a home they like.

Is Now a Good Time to Sell for You?

Another deciding aspect is your capacity to move after your home sells and to get it ready for the market. To avoid making their children switch schools in the middle of the school year or to make it simpler to pack up their belongings to move a few streets over, many parents wait until after the end of the school year.

You could also need to relocate as soon as possible. For instance, advertising your property as soon as you learn that you will be moving to a different state for employment can release the equity in your home, making it simpler to purchase a home in your new area.