Wondering If It’s the Right Time to Sell? How to Avoid Sellers’ Remorse
Homeowners are in a difficult place when they are thinking about selling but don’t necessarily need to sell. If you can make money on the sale of your house you’re happy. But, what happens when a year later you find out that you could have made a lot more money if you would have just waited one more year? That’s sellers’ remorse.
Sellers can torment themselves wondering when the right time to sell really is. They see the potential to make money, but then start wondering what the market is going to do in the future.
If you wait to sell you could make more money, or the market could crash and you could be stuck unable to sell once again. It could be an endless cycle of anxiety in your head. But, experts say that it is a cycle that you shouldn’t let yourself fall into for the following reasons.
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If you wait the house that you want to buy is going to get more expensive as well
It’s true that you could wait a year and have the value of your house increase. But, if the price of your house goes up it means that most of the other houses are going up in price as well. This means that you might make more money but you are going to have to pay more money to buy the next house that you move to as well. It will end up being a wash.
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You can’t predict the future
Your house is one of the largest investments that you make. But, just like investing money into the stock market, you can’t predict what is going to happen in the future. You can do your best to look into the economy and the world situation and try to determine what will happen in the following year, but even the experts are unable to do that.
Hindsight is 20/20 so don’t beat yourself up for what you had no way of knowing would happen.
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When you have to sell you will
It can be exciting to think about selling your house to make a profit, but chances are you are going to sell your house once you need to sell your house. It might be that you outgrew your current house or a job offer that was too good to pass up is making you move across the country. Whatever, the reason is when the time is right that you need to sell you will.
There are a number of things in life that you can control and anticipate, but the real estate market is not one of them. So, instead of stressing over tomorrow, worry about today. If you don’t need to sell your house and you are happy in it then don’t worry if you could make money on the sale, stay put and enjoy what you have. But, if you are ready to move on or think this could be your chance then move forward with it and don’t look back.
But if you are in need of selling your home asap, our team can help. We specialize in getting sellers out of their homes as quickly as possible. By being able to offer cash, we avoid the hurdles and red tape that comes with working with a bank. If you want to sell your home today, give our team a call to see how we can help.