Selling your home is a major life choice – involving your most important asset. Are you ready to sell your home? How do you know it’s time to maximize your return on your very important investment?
Unlike buying and selling stock, your home holds a huge amount of sentimental value- there’s much more than buying low and selling high to consider during the home-buying process. Below you’ll read about three obvious signs that it’s time to start looking for your next home!
1. Rising Comps
Have you noticed a steady trend of housing prices rise in your area? Selling it at the opportune moment can greatly increase your chances of gaining more from your investment. As a seller, you can use comps to figure the best price of your home for the market.
Comps, or comparable sales, is a term anyone on either side of a real estate transaction should know. Comps refer to homes located in the same area and very similar in size, condition, and features as the home you are trying to buy or sell. Our agents stay current with comps to get you the best ROI when selling your home.
A few signs that this is happening in your area: homes in your neighborhood stay on the market for less time, the price per square foot for real estate in your area is increasing, or you’ve noticed an increase in broker activity in your area.
2. Mortgage Payment Too Much
Not everyone sells their home in order to beef up their wallets. Some homeowners come to a point where their ongoing housing costs are unsustainable. If your property taxes or mortgage has become a financial stressor to your family, the best course of action may be to sell your home and find another that’s more affordable.
The mental and financial burden of not being able to afford your mortgage payment can become unbearable. Reach out to your local Charles Burt agent for options and solutions- our team is always here to help you!
3. Outgrown Your Space
One of the main reasons why people sell their home is that they’ve simply outgrown their space. The starter home you moved into may not be the house you need now that you have children and a dog, or maybe your children have moved off to college and you’re looking to downsize.
Whatever the reason, you should find out what your current home is worth, and crunch the numbers to make sure you can afford your next home. Our team can help you find the best solution for you and your budget.
Whether you are upsizing, or downsizing our agents can make the selling and buying process a breeze!
Looking To Sell? Contact Charles Burt Realtors
Deciding whether to sell sooner rather than later is a compromise between your beloved memories and the numbers game. If you’re ready to sell your home in the Joplin MO area, contact Charles Burt Realtors today!
Looking to sell your house? Charles Burt Realtors is your full-service real estate agency!
Visit our offices at 2300 E. 7th Street Joplin, MO 64801, or call us at (417) 782-1234 to get connected with our team!