Some home sellers may know that they want to put their house on the market, but don’t know when to get the process started. To give you a push in the right direction, here’s how to know if it is the right time to sell your house in [market__city].
Meet Your Needs
First and foremost, you want a property that fulfills your individual needs and makes sense for your life circumstances.
The most common situations where this would apply is if you’re starting or expanding a family, or your children are leaving home. In both of these cases, you will either need more or less space, and how much space is necessary is up to your best judgment.
If you’re looking for more space due to your family growing, make sure you’re keeping on top of new local listings to find where you plan to land alongside selling your current property. It can be easy to get wrapped up in selling your own home, and neglect finding exactly what you’re looking for amidst the extra stress and communications.
Freshen Things up
There can be times where you feel you are in a rut and just need to make a change in life in order to restart.
You may not find yourself in a scenario where this means buying a new house and moving, but it could be the ticket for some people. If you do find yourself in this group, take your time with any incoming offers and don’t feel a rush to just get everything over with as soon as possible.
It can be easy to want to start that next phase of your life while ignoring some of the minute details when you sell your house in Riverside. Continued patience through the sale of your home will only benefit you later on once you are in a refreshed living situation.
Follow the Seasons
It should come as no surprise that homes listed during certain months of the year will sell faster and for more money than houses listed in other months.
April and May tend to be the safest months of the year to post your listing, as they act as a gateway entering the warmer weather. Better weather means more interested lookers and buyers since nobody wants to move all of their belongings in the middle of a snowy, freezing winter day.
Discuss with your qualified and experienced real estate professional when they feel it is best to list your home, and take that advice to heart. Their local market knowledge will inform their response on the best time to sell your house in Riverside, and likely pay off for you.
Strike While the Iron Is Hot
A final – and rather simple – reason you may know it’s the right time to sell your house in Riverside is if you’re willing to move and the sale of your home would be a huge windfall.
Housing increases and decreases in value over time, and some events outside of your control can have a large impact on these value changes. If you find yourself living in a trendy, desirable neighborhood, you may be able to cash in on that if you take advantage of the timing. Low interest rates for home buyers looking to secure a loan from their chosen mortgage lender can also work in your favor.
In some of these situations, it can be helpful to move quickly to sell your house in Riverside, but take some time to research how much homes in your area have sold for over the last couple of years. This will give you an idea of setting an initial asking price and consult with your agent to finalize this number.