Think it’s time to sell your house for cash but not convinced?
You’re right. Today’s market is a seller’s dream. As we reach the second half of the year, limited inventory brings up your selling price. In addition, the summer months provide an increased opportunity to show your home off.
We know what your thinking. Selling isn’t all about knowing your market’s conditions. In the end, selling your house for cash is a personal decision that requires a lot of thought.
This article includes 5 signs it’s time to sell your house.
1. Your Neighborhood Delivers On Price
Did your neighbor earn a great price selling their house for cash? If your homes prove similar, it’s time to consider your options. Your neighborhood is crucial to selling your home.
Find out the value of your home by contacting your realtor. Ask them for a free home evaluation. Doing this gives you a sense of your potential asking price in today’s market.
Next, determine your selling strategy. List your home to gauge the interest level of among buyers.
2. Your Home No Longer Fits Your Lifestyle
Does your home fit your everyday needs?
If your family grows, so does the amount of space you need to remain comfortable in your home.
Got an empty nest? You might find your home is too big and selling allows you to downsize.
Working from home? You might find that a home office becomes a necessary part of your productivity.
3. Low-Interest Rates
Buyers chomp at the bit for today’s low fixed interest rates. This means an increased buyer pool.
TAs such, you’re at an advantage as a seller. Especially given a reduced amount of inventory on the market.
Always vet your potential buyer to make sure your deal won’t fall through. Realtors make this process easy and headache free.
4. The Market Is Strong
Stay in touch with your realtor, even if you do not plan to sell your home soon.
You need to know the state of the market to make the decision of when you’ll list your home. Do you know how to evaluate your market?
Key indicators fo a strong market include:
- increasing price per square foot
- decreasing days on the market per property
If the market exhibits these factors, it’s time to sell your house for cash.
5. You Can Afford To Sell And Move
Moving costs money. Of course selling your home will earn you cash, but this process takes time.
You need to plan and save for your move so that you don’t experience any hiccups along the way. Most people spend money on movers, paint, curb appeal, and upgrades to their kitchen and bath out of the gate.
As a seller, you’ll most likely need to make small improvements along the same lines.
Is It Time To Sell Your House For Cash?
Now that you know these signs it’s time to sell, you can make your decision of whether to put your home on the market.
If you decide it’s time to sell your South Florida home and want to learn more about cash home buyers, contact us today!