The kitchen is cramped, the layout isn’t right anymore, and with another child on your way you need another bedroom to keep the peace. You need to sell your home and move on to something bigger and better. Selling your home has many influencing factors, but timing is one of the most critical factors. Let’s look into factors to consider before you put your home on the market in Colorado to get the most back on your real estate investment.
So, When is the Right Time to Sell Your Home in Colorado?
When You Know, You Have Better Options
If you plan on moving out of your home without several real solutions where to go next – you’re doing it all wrong. Even if you’re itching to get out of your home, also if you think you want to move to another city in the state, selling before you know what you’re doing next is a poor idea. If you’re going to move within the same neighborhood but there’s only one house for sale, and you don’t like it – why would you put your home on the market? Once you know where you’ll be moving, you’re ready to put your house up.
When the Market is Right
The real estate market has constant ebbs and flows which means timing is critical to selling a home. Unfortunately, these valleys and peaks can be hard to predict and when it comes to Colorado, we’re in a real estate boom right now. A buyer’s or seller’s market could last for several weeks, months, and even years at a time. When the market tips in favors of sellers, you need to act quickly. While buyer’s and seller’s seasons can last for long periods, even these periods have their unique times to buy and sell. You may not be able to wait until the timing is perfect, but you can time your sale within these periods. If the market looks good – you should sell.
When You Have Allies
Trying to sell your home on your own is appealing but usually leads to headaches. You may be avoiding fees associated with professional real estate pros, but you don’t have the resources and reach that professionals do. When you have a local real estate team ready and willing to assist with your sale, you’re prepared to do so.
It can be tough to tell the perfect time to put your home on the market but if you’ve got the above items down, the time is right. With a great realtor and a great time, and options for where to go next, you can get your home sold quickly for asking price or more. Good luck out there from your friends at The Wheaton Team.