Scared to Sell Your Home? 4 Signs You’re Ready

Photo By: Nikcname

Always do your best– we have all heard that before. Unfortunately, people just aren’t giving their 100% when it is time to put their homes on the market! Todays economic uncertainty and rising mortgage rates have caused many potential home sellers to second guess themselves– giving them a reason to slack off in the home preparation process. People are simply scared to put their houses on the market and some are unwilling to put in the necessary repairs, investments or updates needed to get their properties “market-ready.” Not being fully committed to the selling process could negatively affect the selling price.

Today, some potential home buyers are still wrestling with the idea of whether or not “now” is the best time to sell. While it is impossible to give an exact formula, take this simple, little quiz to see if you are truly “ready” to sell your home. If you answer “no” to any of the below questions, it might not be the right time for you.

1- Have You Created a Plan?

Serious home sellers usually have an idea as to where they want to relocate. Having a game plan, at least generally, as to where your replacement home will be, greatly helps determine the future.  I believe this is a motivating factor to some sellers. It is also important that the home sellers predetermine how much they can afford so they do not find themselves in a precarious situation. No one wants to sell their home only to discover they can’t afford a new one, or are unable to secure a mortgage because they don’t have a sufficient down payment. 

2- Are You Emotionally Detached From Your Home?

If there are still strong emotions and feelings about your home,  now is probably not the best time to sell. Most people that are connected to their properties have a hard time listening or taking advice from their Realtor. As a result they will not do the things necessary to sell their home. This can be frustrating for the home seller and the Realtor. Home sellers have to learn to see their home as a product, commodity and not “their home.” If they are unwilling to do that, then it is best they wait until they can. 

3- Can You Afford to Buy a Home?

Sellers who are ready do sell have usually assessed the real estate market by visiting websites, viewing real estate listings, utilizing mortgage calculators and the like. Being financially ready is a huge step in getting yourself “ready” to sell your home. Sometimes this means they have pre-approved themselves for a loan and predetermined the costs associated with purchasing a new home such as down payment, moving expenses and closing costs.

4- Are You Ready to Embrace Change?

Usually updates and reparations are needed for homes to sell quickly and at market value. But people who are still attached to their home in any way will usually resist change associated with their house, even if it is minor. It will take time, energy and patience to get a home ready to sell. If you aren’t willing to do the necessary things then it is probably not time.

So how did you do? Did you pass the test or have you discovered it i? Whatever the result,  I am here to help. If you have any additional questions about getting your home ready, want to know about the current real estate market, or are interested in current homes for sale contact me at:

Leslie Piper

(415)990-4929
leslie@kurtpipergroup.com 
http://www.kurtpipergroup.com

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Leslie Piper

Leslie a realtor with Pacific Union International and Realtor.com’s Consumer Housing Specialist, thrives in an environment that connects consumers with the home of their dreams. As a Realtor with 12 years of professional experience, she has successfully closed more than 100 transactions throughout her career. On the home buying side, Leslie has a keen eye that offers prospective buyers insight into what their future home might look like. On the listing side, she applies a business-savvy approach and expertise in interior design to help clients with staging, bringing their homes to life. Leslie grew up in Orinda and graduated from University of California, Berkeley. Prior to starting her career in real estate, Leslie worked in finance at Robertson Stephens and Morgan Stanley. She lived internationally in both London and Hong Kong where she was actively invol ved in the charity organization Room to Read. Leslie has continued her philanthropic support of the organization, which is based in San Francisco.

Please visit the Kurt Piper Group website www.kurtpipergroup.com to learn more about Leslie and the Kurt Piper Group or email leslie@kurtpipergroup.com.

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