Based on a few recent questions, I am sharing the following home selling myths. May these tips provide some comfort as you decide if a move is in your future.
- I need to upgrade my home before selling. False! My strategy differs depending on many factors, but cosmetic upgrades are not a top priority. I do not believe in investing a lot of money in a home you are going to part with, especially since the value of those upgrades is subjective. If a home does need some TLC, there are companies that partner with realtors and accept payment as closing from the proceeds, vs. requiring payment during the process.
- Spring is the best time to sell a home. Again, false! There are advantages and disadvantages of every season. Given the volatility of the market the past few years, the notion there is a best season has been squashed. However, I do recommend avoiding the summer months if possible.
- When do I contact a realtor? My answer is as soon as you think you might sell, even if that’s months or a year or more in the future. I often get the call as the last step in the process. People are tired from the decision making and unsure if they have made the right decisions. They’ve often underestimated the sales timeline as well.
The earlier in the process a realtor is involved, the more support and assistance they can provide. A true realtor services the people every step of the way. The sale of the home is just one piece of the process.
Wishing you the very best this month. Happy Thanksgiving to you and yours!