How to Know When to Sell Your Home

By Wendy Papasan | Seller Tools

Aug 26

If you have been considering selling your home in Austin you have several advantages you should take advantage of. Currently the real estate market is doing very well in the area, especially from a seller’s point of view. That means right now is a great time for anyone in the Austin area to sell because you will be able to ask for a higher selling price while selling quickly.

If you are reluctant about selling your home, there are several questions that you can ask yourself in order to make an informed decision. The selling process can be tricky, but it does not need to seem like an impossible feat. Read on to find out more information on how to know when to sell your Austin home.

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Consider Your Reasons for Selling

No one abruptly decides to sell their home for no reason. If you are unsure about selling, consider the reasons why you want to sell in the first place and analyze the pros and cons associated with them. Are you selling in order to take a better paying job? Will the job be long-term or only temporary? Are you selling just to move into a better neighborhood or a more expensive home? Or are you selling in order to move into a home that you can easily afford?

Think about all of the reasons why you are selling and write them down if you have to. Do whatever you need to do in order to make sure that you are making the best possible decision for yourself and your family. If all signs point to yes, then you should take the next step in the selling process and get in contact with an agent.

Should You Wait Until a Better Time to Sell?

While most experts will suggest that you should not tie your selling decision to any certain time of year, homes tend to sell best during the spring. So, if you are not in any hurry to sell your home, you may want to wait until mid-March or April to place it on the market. During this time of year, many buyers are out enjoying the nice weather and looking for homes to buy. Spring is also an excellent time to add more curb appeal to your home by having the front lawn professionally landscaped. Waiting to sell your home may allow you to receive top dollar for your property, but if you need to sell quickly, there’s no better time to list than right now.

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Do Your Own Research on Pricing

Before you make the commitment to sell your home, you should do some research to see what the average sale prices are in your area. Look for similar homes that are for sale in your neighborhood or in surrounding communities. See what their listing price is and try to list your home at a slightly lower price. This will help you to gain attention from buyers who were already interested in your neighbor’s home. You can also do research on homes that have recently sold in your area in order to find out just how much buyers are willing to pay.

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