6 Signs That It’s Time to Sell Your Home Today

Looking to buy in the Flathead Valley? Get a full Home Search 
Looking to sell in the Flathead Valley? Get a free Home Price Evaluation

How do you know when you’re ready to start thinking about selling your home? Today I’ll be discussing six of the surefire signs that it’s time to list your house on the market.

1. You’re feeling cramped. If you find that every time you turn a corner you are running into a family member or stepping around objects, it may be time to look for a more spacious living area.

2. You have too much space. If it feels like you’ve got too much house and that you’re paying too much for space you’re not using, you might want to take a look at selling, especially in today’s market.

3. You’re over the neighborhood. You can’t change your neighborhood and you certainly can’t pick your neighbors. If you feel like you’re having issues with the area that you live in, or that the home values of the neighborhood are declining, give us a call. 

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If you want to remodel, there’s a chance that you won’t get a return on that investment.

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4. Remodeling won’t return on investment. I see people do this a lot, so look out for it. If your home is in the top half of your neighborhood’s home values, that means that the bottom half is bringing your property values down. This also means that if you want to remodel or renovate, there’s a chance that you won’t get a return on that investment if you’re the nicest house on the block. In this case, a dollar in doesn’t necessarily equal a dollar out since your home value might not be in the same place when you decide to move.

5. You can afford to sell. If you would like to take the equity out of your home and use that money to invest in something else, it may be time to consider cashing in.

6. You’re ready to compete. It’s a seller’s market right now across the country, especially in certain price ranges. People are competing for your home. If you were thinking of selling a few years ago but the values weren’t there, take a second look now because the market has definitely changed. There is a lot of demand, and rates have gone down once again—now is a great time to look into selling.

If you’ve got any questions about selling or whether it may be time for you to sell your home, don’t hesitate to reach out to me or any of my team members. We’d love to answer any questions you may have!

How to Find the True Value of Your Home

Looking to buy in the Flathead Valley? Get a full Home Search 
Looking to sell in the Flathead Valley? Get a free Home Price Evaluation

Summer is upon us and things are moving along nicely. A lot of people have been putting their homes on the market, so we figured it was a good time to talk about how to price your home accurately and find the true value of your home.

The number one thing we look at when it comes to pricing is comparables. What have other homes in the Flathead Valley like yours sold for? We are looking for homes with a similar lot size, square footage, age, and with similar updates.

The other most important thing to look at is what you’re competing against. You want to get into the mind of a buyer and see things from their perspective. Stepping back and asking yourself how your home fits in with the other homes already for sale is a great exercise.

Another thing to consider is contingencies. There are special needs you will have that will show up in the form of contingencies. If you’re not as flexible in your offer or won’t budge on certain contingencies, that will affect the sale price.

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You want to get into the mind of a buyer.

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If you’re still concerned about value, realize that if you price a home more than 3% above its market value, it can sit on the market and the only way to get an offer will be to reduce the price. After you’ve went through comparables and you’re still concerned with price, have an appraisal done. They will be able to give you a fair, unbiased market value. They can really take a look at your home from a neutral standpoint.

The most important thing is to know where you want to be. Know what you need to sell the home for and what you want in your pocket at the end of the day. Make sure the numbers work out.

If you have any questions for us or want more information, give us a call or send us an email anytime. We look forward to hearing from you!