Making the decision to sell your home isn’t an easy one. There are so many things to consider and decisions to make. Current market conditions can often cause homeowners to put off listing their home out of hopes they can sell at the peak of the market. In reality, waiting for the perfect market conditions can add to your financial risk due to the unpredictable/fluctuating nature real estate.
An experienced and savvy real estate agent will be able to give you an educated analysis of the market outlook for the area in which you live to give you an estimate of how your home price may be affected by waiting to list your home. However, there isn’t an agent in the world who can tell you with certainty that there won’t be an economic catastrophe or natural disaster that significantly affects home values in your area. For that reason, waiting to sell your home may add more financial risk as the only certainty you have is in the present market.
Additionally, there’s more to selling your home than just getting a great selling price. You’ll need to consider where you’re moving to, if you’ll be financially able to absorb any increased expenses (such as higher utilities and property taxes) and if your move will significantly impact your commute to and from work. If you have a family, how will moving to a new community impact their lives?
When you’re able to assess a move from the standpoint of all parties involved and consider all of the strategic factors and prepare for the unforeseen, then you’ll be able to answer for yourself whether or not right now is a good time for you to sell your Austin area home. To help you understand the current real estate market and evaluate your options, contact David Brodsky Properties today for a complimentary, no-obligation consultation with one of our real estate consultants. We can help you assess an accurate listing price for your home, which will be a significant factor in deciding whether or not this is a good time for you to sell your Austin area home.