{"id":2986,"date":"2018-09-14T15:33:09","date_gmt":"2018-09-14T22:33:09","guid":{"rendered":"https:\/\/www.realtyexecutives.com\/blog\/?p=2986"},"modified":"2018-09-17T11:56:52","modified_gmt":"2018-09-17T18:56:52","slug":"know-time-sell-house","status":"publish","type":"post","link":"https:\/\/www.realtyexecutives.com\/blog\/know-time-sell-house","title":{"rendered":"How Do You Know When It\u2019s Time To Sell Your House?"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Is it time to sell your house? Or should you wait and see if home values continue to climb?\u00a0<\/span>Knowing when it\u2019s time to sell your house can be tricky. But we have some tips to help.\u00a0<\/span>Here are the best indicators that it\u2019s time to sell.<\/span><\/p>\n

You\u2019ve built equity in the house.<\/span><\/h1>\n

The most important factor in deciding when it\u2019s time to sell your house is your home equity. How much money would you be able to <\/span>keep <\/span><\/i>from the sale of your house after you pay off any remaining mortgage loan and your closing costs? <\/span><\/p>\n

If your sale price is high enough to break even on those costs, you\u2019re clear to sell. But if you can keep enough money from the sale to put 20 percent down on your next house, you\u2019re golden! That amount of equity is a great indicator that now is the time to sell your house. \u00a0<\/span><\/p>\n

Your local market is hot.<\/span><\/h1>\n

Trying to time the market perfectly is a fool\u2019s errand. But it\u2019s certainly better to sell your house when your market\u2019s hot. In a hot market, you have more buyers than listings. So the buyers compete for the limited housing inventory, which means higher home prices. That\u2019s great news for sellers.<\/span><\/p>\n

Thanks to low mortgage interest rates and a well-recovered national economy, there are hot markets all over the country. You local Realtors\u00ae can explain your current market conditions and provide insight as to how hot your local market is. \u00a0<\/span><\/p>\n

You\u2019re emotionally ready for the next phase of your life<\/span><\/h1>\n

Market conditions mean nothing if you\u2019re not emotionally ready to sell.<\/span><\/p>\n

Are you ready to move onto the next phase of your life? So ready that you\u2019re willing to invest the time and effort in preparing the house for sale, scheduling your week around showings, working through the sales paperwork, and actually moving?<\/span><\/p>\n

These short-term inconveniences lead to a reinvigorating fresh start. Are you ready to take that big step?<\/span><\/p>\n

What about the season of the year?<\/span><\/h1>\n

Traditional wisdom is that spring and summer are the best time of year to list your house for sale. Buyers are looking to make a move while the kids are out of school, there are more hours of daylight to spend house-hunting, and the weather is conducive to touring properties, moving, and even tackling move-in renovations.<\/span><\/p>\n

But if you\u2019re in a geographic area that doesn\u2019t experience all four seasons, time of year will have a much lower impact on your ability to find qualified buyers. You could even experience a surplus of buyers motivated to get settled in their new home before the holidays! <\/span><\/p>\n

If you\u2019re on the fence about selling, talk to a local Realtor\u00ae. They can explain local market trends to help you decide, with certainty, if now\u2019s the time to sell your house.<\/span><\/p>\n

This post is intended for informational purposes only and should not be taken as professional advice. The point of view and opinions expressed in this post are those of the author and do not necessarily reflect the position of Realty Executives International. This post was written by Michelle Clardie.\u00a0Michelle is a professional real estate blogger, specializing in ghostwriting Realtor\u00ae blogs. Her engaging content helps real estate agents become more visible online, generate more qualified leads, and increase their revenues. You can learn more at\u00a0www.michelleclardie.com<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Is it time to sell your house? Or should you wait and see if home values continue to climb?\u00a0Knowing when it\u2019s time to sell your house can be tricky. But we have some tips to help.\u00a0Here are the best indicators that it\u2019s time to sell.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[26],"tags":[705,706,212,213,59,704],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/2986"}],"collection":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/comments?post=2986"}],"version-history":[{"count":3,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/2986\/revisions"}],"predecessor-version":[{"id":2994,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/2986\/revisions\/2994"}],"wp:attachment":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/media?parent=2986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/categories?post=2986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/tags?post=2986"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=2986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}