The single greatest factor in selling a home is the motivation level of the homeowner, as it determines whether or not a home will sell. If a homeowner absolutely must sell, ultimately, the price will be lowered to a market value that will get the home sold. By way of example, a family that accepts a job in another part of the country and makes the move is typically a very highly motivated seller. On the other hand, a family that wants a house in another neighborhood might not be as motivated.
For super-motivated home sellers, the best advice is based uponmarket conditions, and it has been the same since the internet entered the home selling process. In today's market where prices are still declining, you must price your home to sell fast, because a sale today will yield more than a sale in six months.
So if you are thinking about selling your home and maybe want to wait it out, you should consider just how long you are willing to wait and exactly what you think the benefit will be. If you cannot hold the home for more than 5 years or longer, you must consider a quick sale. Of course, if you want to lease it out for 5 to 10 years and then sell at the next market high, waiting could be a better option. It all depends on when you think home prices will be higher than they are today and how just how much time and money you will spend waiting it out.
Home values are based upon the current supply of homes for sale in your current market area, and how well real estate supply matches up with the current rate of demand. Unfortunately, in most US markets, we have a real estate supply and demand imbalance that will last many more years, so home sellers must determine their own reasons and motivation for selling. Either price your home attractively, or plan on waiting five to seven more years to get a higher price than the current market will bear.
If you would like to meet with and discuss your current situation with the top home selling expert in your area, you can reach the author below who will hand-pick the best REALTOR to advise you of your options.
For super-motivated home sellers, the best advice is based uponmarket conditions, and it has been the same since the internet entered the home selling process. In today's market where prices are still declining, you must price your home to sell fast, because a sale today will yield more than a sale in six months.
So if you are thinking about selling your home and maybe want to wait it out, you should consider just how long you are willing to wait and exactly what you think the benefit will be. If you cannot hold the home for more than 5 years or longer, you must consider a quick sale. Of course, if you want to lease it out for 5 to 10 years and then sell at the next market high, waiting could be a better option. It all depends on when you think home prices will be higher than they are today and how just how much time and money you will spend waiting it out.
Home values are based upon the current supply of homes for sale in your current market area, and how well real estate supply matches up with the current rate of demand. Unfortunately, in most US markets, we have a real estate supply and demand imbalance that will last many more years, so home sellers must determine their own reasons and motivation for selling. Either price your home attractively, or plan on waiting five to seven more years to get a higher price than the current market will bear.
If you would like to meet with and discuss your current situation with the top home selling expert in your area, you can reach the author below who will hand-pick the best REALTOR to advise you of your options.
About the Author:
Joe Manausa is a real estate broker in Tallahassee who owns and manages the CENTURY 21 office. He is an authority on using the web to gain the top price when selling a home and meets with home owners who seek advice on selling a home.. Free reprint available from: What Every Homeowner Should Consider Before Deciding To Sell A Home.
Publish By Seaman Job Vacancy Team
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