Should You Sell Your House? Key Factors to Consider

by Lorelei Mangan 05/26/2019

The decision to sell a home can have long-lasting ramifications. As such, it is important to weigh the pros and cons of listing a house. This will allow you to determine if now is a good time to add your residence to the housing market.

Furthermore, there are many factors to consider as you decide whether to list your residence, and these include:

1. Your Short- and Long-Term Plans

Think about what you hope to accomplish in the immediate future. If you have the flexibility to relocate from one location to another, now may prove to be a good time to list your residence.

Consider your long-term plans, too. If you find that you want to reside elsewhere sooner rather than later, you may want to consider adding your house to the real estate market in the near future.

2. Your Finances

Oftentimes, it helps to examine your current mortgage payments, as well as any other daily and monthly expenses. If you have a budget in place, you can determine if you are in a strong position to sell your home and move.

You also should consider the current state of your home – something that can have a major impact on whether you can turn a profit from a house sale. Of course, if you decide you want to list your residence, you can always upgrade your home. And by doing so, you could boost the likelihood of enjoying a profitable home selling experience.

3. Your Family and Friends

If you want to live closer to family and friends who reside many miles away from your current house, you can list your residence and plan to relocate. Then, you can pursue a new residence that provides convenient access to your family and friends.

Embarking on the home selling journey is rarely simple. But if you have a real estate agent at your side, you can receive comprehensive support as you navigate the house selling journey.

A real estate agent is happy to meet with you and learn about your residence. This housing market professional also can provide tips and recommendations so you can upgrade your residence before you list it. Plus, when you are ready to add your home to the local housing market, a real estate agent will promote your residence to potential buyers. And if you receive an offer to purchase your residence, a real estate agent can even help you make an informed decision about whether to accept, reject or counter this proposal.

If you hire a real estate agent, you can receive lots of assistance as you finalize a home sale as well. The final stages of the home selling journey sometimes can be difficult to navigate, but a real estate agent will work with you to ensure you can complete a successful home sale.

For those who are uncertain about whether to add a home to the real estate market, it generally helps to consider the aforementioned factors. If you examine these factors closely, you may be better equipped than ever before to decide whether to list your house.

About the Author
Author

Lorelei Mangan

 

Who I am...

As a native of San Jose, I was raised in the Rose Garden neighborhood and grew up in its public schools. I started my own business in my early 20s and moved onto the real estate in 1986, where I have thrived for the last 30 years. As a Realtor®, I strive to make your sale as smooth as possible, utilizing my knowledge, intuition, and experience for the best possible outcome. I want to impress you so much that you will recommend me to your friends and family. In fact, a majority of my business comes from repeat clients and their referrals. There are a few issues I have not seen over the course of my long career. My experience gives me the confidence to negotiate tough transactions and solve any problems that may come up. From studs to sheetrock, I know construction inside and out. I will use this knowledge to help you better understand all of the disclosures and inspections relating to the property as well. I am a mother of two twenty-something daughters, so I am well versed on the schools in our valley. My older daughter, Lindsey, joined me in the business a few years ago and offers a young, technical edge to my established business. Not only do we love what we do, but we are grateful to be working with each other every day. No matter what your real estate goals are, we provide you with honest and reliable service and strive to make you a client for life.

Our Philosophy

Buying or selling a home is one of the most important decisions you will make in your life. I focus on my clients' needs, first and foremost. If you are looking to sell your home, my job is to price it accurately and effectively market your home so you will receive the highest possible price in the least amount of time. As a buyer, you will draw on my experience with all types of properties and neighborhoods. My goal is to direct you to the areas that best suit your needs and to educate you on the loan and sales process. When you find your dream home, you will have the confidence to go forward with an offer. Nothing feels better to me than to have a happy customer moving into the home they have dreamed of and will be proud of for years to come.

To My Clients

I would love to work with you in making your real estate dreams come true. Please contact me to discuss any questions or concerns you may have, or if you are looking to buy or sell a home anytime in the near future. I look forward to working with you!