Selling your house may be a huge decision to make, especially if you have grown to love the place you lived in. There are many reasons why an individual person would like to sell their house. It could be because of a possible job transfer or even a need for a bigger place. In sense, the main reason behind would be anchored to a lifestyle change.
However, it is not easy to do such task. There are many things to consider and evaluate. In a selling guide posited by Real Estate, they pointed out the importance of having proper knowledge and goal in order to be prepared:
When is the best time to sell?
Your decision to sell your property may not coincide with the perfect market conditions. Therefore it is important to know what is happening in the property market and the economy as a whole, as the real estate market generally reflects the current state of the broader economy.
Additionally, you should consider your own personal objectives, your ability to finance a new property and meet ongoing repayments and capital gains tax implications for selling an investment property. Remember - if property prices are low, you may get less for your house than you hoped, but you'll probably pay less for the house you intend to buy - and vice versa when prices are high. See full post...
In addition to the advised pointed by the said article, you should learn the best time to sell your home and not. In a four-seasoned country, there are consideration to made in relevance to the season. In the following article of Home Owners Alliance, it pointed out some myths about the best time to sell and what should fit in depending on the neighbourhood:
When is the best time to sell my home?
Spring always comes out on top as the best time to sell. This is probably because people aren't away for the summer holidays or busy with Christmas celebrations.
Another good thing about spring is that your home will look better when the garden is coming into bloom and the sun is (hopefully) out for longer.
Winter can be a difficult time to sell, especially before Christmas. If you're not going to be ready to put your home on the market before December, it's probably worth waiting until January when people are starting to think about the year ahead. See full text...
Now that you have some idea on why sell and when to sell. Then you should also consider some factors to consider in giving out the selling price. It is really obvious that you will be dependent on the market trend and not by your own will alone. To help you properly arrive at a selling price that is reasonable and relatively attractive to buyers, Brendon DeSimone has outlined some points of reference for you:
Factors to Consider When Pricing Your Home to Sell
Unlike the cost of a gallon of milk or a flat-screen television, a home's price can be hard to pin down. It's complicated because each home is unique, and has its own story to tell.
When it comes to setting the price of a house, the only thing to do is to look at the recent sales and active listings of similar homes in your area. Combine this research with the inside market knowledge of a local real estate agent, and you can confidently choose your list price. Read original post...
