To sell, or not to sell? If you are struggling with this age-old real estate dilemma, you’re not alone. We’ve been there.
When we are faced with the decision to sell, we ask ourselves a few key questions. When clients who are looking to sell in Briarwood approach us, we ask them the same questions to help them determine if they are financially and emotionally ready to act.
Has your family outgrown your current home?
The two-bedroom co-op that you have lived in since you got married probably won’t fly when you become a family of four. If a small space and lack of privacy have the entire family on edge, it’s time to find a home with a little more breathing room.
Is your current home too large for your needs?
Once your children are on their own, your single-family home might be overkill. Although it’s hard to leave the memories behind, one of Briarwood’s cozy condos might be easier to maintain and cost less than the home where you raised your family.
Is it a seller’s market?
When there are more buyers than sellers in the real estate market, it’s called a “seller’s market.” If you are looking to sell in Briarwood, it’s smart to try to sell in these conditions. Your real estate agent can tell you how the market is trending.
Do you have any non-mortgage debt?
Are your credit cards paid off, and do you have an emergency cash fund established? If so, you might be in a decent financial position to sell your home.
Are you emotionally ready to sell?
Your home has been your castle, even if it’s not perfect. Unfortunately, buyers won’t see it that way. If you are looking to sell in Briarwood, make sure you’re ready to let their comments about your price, your decor and other flaws slide off of your back.
If you are looking to sell in Briarwood, let Briarwood Realty talk you through your decision. Get in touch with us today to see if selling makes sense this season.