Monday 22 July 2024

Top 5 Reasons Homeowners Decide It’s Time to Sell Their House

Making real estate decisions is never easy. If you own a home, it’s quite likely that your house is the most valuable thing you own – and choosing to sell is a big step in your financial life. If you have been thinking about going in that direction, you might be interested in looking at some of the primary reasons that other homeowners decide it’s time to sell.

 

Working with qualified real estate agents can make it far easier to make these important choices. Whether you are getting ready to sell or might be thinking about becoming a homeowner for the first time in the Greensboro real estate market, Smith Marketing is the right partner for the job.

 

The House is the Wrong Size

Without a doubt, this reason is right at the top of the list for people deciding to sell their home. As time passes, it’s common for a house to no longer work for a family in terms of size. This can go both directions, of course. In some cases, it will be the addition of children to a family that causes the house to no longer be big enough. Or, as the kids get older and move out, a home may suddenly feel way too big, and downsizing could be in order.

 

A Job Change

For some people, it will be a change to their employment that dictates the sale of a house. Their current employer might decide to move them to a new office in a different place, or they might find a new job opportunity that demands they leave where they are currently living. Either way, these types of home sales usually come up quickly and have to be completed in a hurry.

 

Getting Closer to Family

It might be that you want to sell your house because you don’t currently live near family or close friends and you’d like to change that situation. This is common when people move away from home for college, settle in that area for a few years after school, and then decide they want to get back home.

 

Cashing Out

Sometimes, the decision to sell a house can be based on nothing more than just taking the opportunity to cash out the equity that has been built. If there is a lot of equity available in your home, and you are thinking about moving to a more affordable area (or downsizing), selling to secure those profits makes all the sense in the world.

 

A Change in the Neighborhood

Communities are always in flux, and an area that was once desirable to call home may no longer be so appealing. If a neighborhood feels like it is going “downhill” for one reason or another, a homeowner may decide to sell and look for a more attractive place to live.  In some cases, increased traffic or rezoning to allow the encroachment of commercial development makes a neighborhood less attractive.

 

To work with an Allen Tate Greensboro real estate team that is always going to fight for your side of any deal, Smith Marketing won’t disappoint. Take a moment today to get in touch and learn more about what Smith Marketing has to offer and how you can get started.

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