If you’ve ever considered selling your home in the Greater Lansing area, there is no better time than the present. Buyers heavily outweigh the amount of properties for up for sale, which gives sellers a lot more leverage in the negotiating process. However, before you can make an informed decision there are some questions you should answer first to determine if now is a good time for you to sell:
• Do I know what my home is currently worth? I’m not referring to a Zestimate or some automated evaluation tool, rather a true market analysis done by a professional Realtor. It doesn’t cost you a thing, and you’ll be much better informed.
• Do I have a price at which I would be willing to sell? Be informed about your current mortgage debt as well as any ongoing carrying costs to help you determine whether you truly want to sell at this time. An unrealistically high listing price will not get you the result you want no matter how much you want it to happen, so it’s better to decide upfront if you are a true seller or not.
• Do I understand what’s happening with sales and pricing in my neighborhood and what is likely to happen in the near future? Are there market dynamics that will affect my decision to sell? A quick conversation with a Realtor active in your market should get you the answers you need.
By answering these questions you will be able to make an informed decision on whether or not you are ready to become a seller. If you are, a professional Realtor can help to put together a plan to market your home and get the highest possible price with the least inconvenience to you.