The decision to sell a house should not be entered into lightly. There are many factors that should be considered before you put your house on the market.

Reason For Selling Your Home. There are many reasons to sell your home... And believe it or not, the answer to the "Why are you selling?" question can have a large impact on pricing, marketing, and overall sales strategy.

People sell homes for any number of reasons. Some of the most common reasons people sell are:

• Location (Re-location). Perhaps you simply want to move into a new neighborhood or a better school district. Maybe you want a home that is closer to work or closer to family.
• Your current home is too small. Maybe you've added family members and need more bedrooms. Or perhaps you've started your own home-based business and need space for an office.
• Your current home is too big. The children have moved away and you'd like to downsize and decrease the amount of maintenance.
• Financial reasons. With increased taxes and insurance, perhaps your house has become too much of a financial burden.

Whatever the reason you are selling your home, it's important to understand the implications of what selling the home can have on your life and financial siutation. We work with you to help understand why you are selling and to make that transition as easy as possible.

How Quickly Do You Need To Sell? Timing is everything, especially in real estate. Different times of the year and different personal circumstances affect how quickly the real estate market is moving. If you need to sell NOW, then you need a real estate marketing specialist to help move the property as quickly as possible rather than try selling it "For Sale By Owner" for a while. On the other hand, maybe you've got plenty of time on your hands and can afford to wait out certain cycles. We will help you understant the current real estate market conditins in your area and determine the best strategy for placing your home for sale in the marketplace.

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Understand the Current Market Conditions. The current real estate market affects not only HOW MUCH you can sell your home for, but also what time frame. From 2002-2005, virtually nationwide, it was a strong seller's market with properties going under contract often in a matter of just a few days. In a seller's market, the agent's primary job is to position you with the best pricing strategy to get the highest possible dollar for the property.

As the real estate market shifts into a buyers market, there are more homes for sale than there are buyers. This gives buyers more negotiating power. In a buyers’ market, you, the seller, need to have an agent with excellent negotiating skills on your side. Skilled Realtors® can often net home sellers MORE MONEY IN THEIR POCKETS than if the property was listed "For Sale By Owner". In this kind of market, an experienced real estate agent will help you price your home properly correctly to maximize your exposure and bring you the best market price and terms available within your time frames.

Financial Implications of Selling A Home. Has your current income level increased or decreased? Whether you are trading up, trading down, or even trading across, your monthly ownership expenses will change, and we can help you look at the total impact of all these changes to make sure you are making a financially sound decision. We can also help you estimate the potential proceeds from selling your home net of selling expenses which may include transfer taxes, tax withholdings, real estate commissions and in some areas certain legislated repairs.

Finally, we can suggest tax savings and estate planning strategies that should be addressed with your accountant or attorney prior to completing your transaction.There are many financial implications associated with selling your home and vary depending on whether the home was your primary residence (And if so, for how long?) or whether it was an investment property. This may even be a good time to begin investing in real estate!

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