Elite Realty, LLC
Toni Osterhout, Elite Realty, LLCPhone: (860) 482-4063
Email: [email protected]

When Should You Sell Your House?

by Toni Osterhout 02/21/2021

There is no right or wrong time to sell a home. However, it is important to remember that selling a home is a life-changing decision. And as such, the decision to sell a home should not be taken lightly.

If you are unsure about whether now is the right time to add your house to the real estate market, there is no need to stress. For those who understand all of their options, they can make an informed decision about selling a residence.

Meanwhile, if you ultimately decide to list your residence, there are several things you can do to boost the likelihood of enjoying a successful home selling experience. These include:

1. Analyze Your Home's Condition

The condition of your home can have far-flung effects on your home selling experience. If you allocate time and resources to analyze your house's condition, you may be able to identify problems that otherwise could slow down the home selling journey. Then, you can address these issues before they escalate.

Oftentimes, it helps to conduct a home inspection before you list your residence. This inspection will enable you to quickly identify any underlying problems with your residence and determine the best ways to correct these issues.

2. Learn About the Local Housing Market

The local housing market may impact how much a buyer is willing to pay for your residence. For example, if an abundance of high-quality residences is available, a buyer has no shortage of options at his or her disposal. In this instance, home sellers likely will need to do everything possible to stir up interest in their houses due to the sheer volume of properties available to buyers.

If you learn about the local housing market, you can determine whether a buyer's or seller's market is in place. For instance, if the number of homes exceeds the number of property buyers, the real estate market likely favors buyers. Or, if the number of homebuyers exceeds the number of top-notch homes available, the real estate market likely favors sellers.

Don't forget to review the prices of homes in your city or town that are comparable to your own, either. That way, you can use this housing market data to establish a competitive initial asking price for your residence.

3. Collaborate with a Real Estate Agent

A real estate agent is a home selling expert who can guide you along each stage of the property selling journey. As a result, a real estate agent will make it easy for you to sell your home and maximize your house sale earnings.

In addition, a real estate agent can provide helpful resources as you navigate the home selling journey. And if you ever have home selling concerns or queries, a real estate agent is prepared to respond to them.

Ready to list your residence? Take advantage of the aforementioned tips, and you could reap the benefits of a successful home selling experience.

About the Author
Author

Toni Osterhout

Toni is an accomplished and experienced realtor serving Litchfield County for over 13 years. She is a full time career professional that is available for you seven days a week for all your real estate needs. She is a part of the Litchfield County Board of Realtors®, CT Association of Realtors®, CMLS®, MLS, E-Pro, and Affordable Housing Committee Member of LCBR 2006.

After earning her degree in Fine Arts and Graphics from NCCC she decided she wanted something more for herself and became a licensed CT Broker. She excelled at completing the Principles and Practices of Real Estate course and Appraisal 1. Toni continues her real estate education by participating in Real Estate educational programs every 2 years for Contract Law, Environmental Issues, Ethics, and Fair Housing.

During her time at Coldwell Banker she achieved Agent of the Month in Listings in 1998 and Agent of the Month in Sales in 2000 as well as the Top 5 in Sales. She was inducted into the International Diamond Society in 2002. Today, she remains in the top 19% of all Sales Associates across the Country.