How Do You Know the Time is Right To Sell Your Home?

Sell your home in Union County, NC | Mecklenburg County, NC | Cabarrus County, NC | Stanly County, NC | Anson County, NC | Davidson County, NC

Knowing when to sell your home is not always the easiest decision, nor is knowing when to buy your first home. Buying your first home seems more exciting to me than selling your first house, however, normally when you sell your home it means you are getting to move onto something bigger or better and that’s another exciting, yet bittersweet thing! People tend to say or think that the spring vs. the winter is a better time to sell, but that’s something you should always consider talking with your agent about first. With experienced real estate brokers like we have here at Emerald Pointe Realty in Monroe NC, we know the current market conditions and can guide you to make the best decision when it comes to buying or selling.

There are a few things to consider to make the decision easier for you. The first would be if you had a personal reason to sell the house. Are your kids out of the house and off to college? Do you need a bigger house, or maybe a smaller house? Do you need to relocate due to a job change? If any of these things are true, these are clear indications that you may need to sell and buy a new home. The second thing would be if you have decent equity in your home. Maybe you don’t have a reason to sell like stated above, but you have a large chunk of equity in your home and the market has changed since you bought your current house. By selling your current home, you would be able to essentially cash out on your current home’s equity and have different options from there. You could use that money for a larger down payment on your next home, pay off the family vehicle, save it in the bank, put it away for retirement reasons, or whatever else your current situation could need it for. Whatever reason you decide, having an experienced and knowledgeable agent on your side is a sure way to know you’re getting the most equity out of your house.

Now, onto buying your first home. The first step to this process is finding a real estate broker to help assist you through this process. Your broker will go to bat for you and be your professional advocate in the next few months of this life change. They will know lenders who are reputable and can give you the best rates, close your loan on time, and get you the best possible payment. After you find a broker and a lender, you have the two most crucial steps done. Now the fun part of finding your dream home comes! For some people, they will find their home right away, but for others, it may take some searching before you are able to find the one that your heart is content with. Experienced brokers like the ones here at Emerald Pointe Realty know the most up to date market conditions, trends, open house times, if a house is listed for too much, or if a home is a great deal, how fast you should move on submitting an offer, knowing off-market homes that may be options for you, know which school districts are in what areas of town, etc. If you do this all on your own, it can seem extremely overwhelming! 

A lot of people have a belief that you should only buy or sell your home when the market is “hot”. While this can be a beneficial time to buy or sell, it is not the only time. If you have a well-demanded house to list, it’s going to fly off the market in no time, regardless if there is snow on the ground, 100-degree weather, or a rainy fall afternoon. The same goes for home buying, while there is not always your perfect home on the market, working with a good broker can help you find homes that may not be listed on the market yet, or even at all, and they are good at helping current sellers on the fence about listing now or later, list now. No matter the season, you should do what’s right for you, when it feels right for you. This will make you the happiest, and the least pressured, and in the end, make for the most stress-free home buying or selling process as possible.

Let us show you how we can meet all your buying and selling Real Estate needs! Call your Premier Real Estate Brokers at Emerald Pointe Realty today.