The absolute greatest factor in selling a home is the motivation level of the home seller, as it determines whether or not a home will sell. If a homeowner really must sell, ultimately, the price will be lowered to an acceptable value that will get the home sold. By way of example, someone that accepts a job in another city and makes the move is typically a highly motivated owner. On the other hand, someone that merely wants a house in another neighborhood might not be as motivated.
For sincerely motivated home sellers, the best advice is based upon real estate market conditions, and it has been the same since the internet entered the home selling process. In today's market where prices are still falling, you should price your home to sell immediately, because a sale today will yield more than a sale in six months or a year.
So if you are thinking about marketing a home and maybe want to wait it out, you should consider how long you are willing to wait and just what the benefit will be. If you cannot hold the home for more than 5 or more years, you should consider a fast sale. Of course, if you want to lease it out for 5 to 10 years and then sell, waiting could very well be a better option. It all depends on when you think home prices will be higher than they are today and how much time and money you will spend waiting it out.
Home values are based upon the current supply of homes for sale in your current market area, and how well real estate supply matches up with the current rate of demand. Unfortunately, in most US markets, we have a real estate supply and demand imbalance that will last many more years, so home sellers must determine their own reasons and motivation for selling. Either price your home attractively, or plan on waiting five to seven more years to get a higher price than the current market will bear.
If you would like to meet with and discuss your current situation with the top home selling expert in your area, you can reach the author below who will hand-pick the best REALTOR to advise you of your options.
For sincerely motivated home sellers, the best advice is based upon real estate market conditions, and it has been the same since the internet entered the home selling process. In today's market where prices are still falling, you should price your home to sell immediately, because a sale today will yield more than a sale in six months or a year.
So if you are thinking about marketing a home and maybe want to wait it out, you should consider how long you are willing to wait and just what the benefit will be. If you cannot hold the home for more than 5 or more years, you should consider a fast sale. Of course, if you want to lease it out for 5 to 10 years and then sell, waiting could very well be a better option. It all depends on when you think home prices will be higher than they are today and how much time and money you will spend waiting it out.
Home values are based upon the current supply of homes for sale in your current market area, and how well real estate supply matches up with the current rate of demand. Unfortunately, in most US markets, we have a real estate supply and demand imbalance that will last many more years, so home sellers must determine their own reasons and motivation for selling. Either price your home attractively, or plan on waiting five to seven more years to get a higher price than the current market will bear.
If you would like to meet with and discuss your current situation with the top home selling expert in your area, you can reach the author below who will hand-pick the best REALTOR to advise you of your options.
About the Author:
Joe Manausa is a real estate broker in Tallahassee who owns and operates the CENTURY 21 office. He is an expert on using the web to gain the top price when selling a home and meets with home owners who seek advice on selling a home.. Also published at What Every Homeowner Should Consider Before Deciding To Sell A Home.
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