Selling Your Home: Do This First

Thinking of selling your home? It can be an overwhelming thing to even consider, but breaking the process down into simpler steps can help.

Step 1: Set Your Timeline

The first step is basic but critical. Determine if you are really ready to move, and what your timeframe is for doing so. If your move is being determined by a job transfer to another state, for example, this could be fairly straightforward. But, if you are looking for a bigger home in the same neighborhood, looking to move closer to family, or ready to downsize for retirement, your timeline may be more flexible.

In cases like these, you may want to consider the current market conditions before making a decision. Home sales have slowed somewhat lately due to rising mortgage rates, and sellers no longer have as much power as they did in 2021 and early 2022. However, with the impact of inflation and inventory remaining tight, homes are still appreciating in value, and sellers are still making great gains. With proper staging and marketing, you can still make your home stand out.

If you decide 2023 is the year for your move, give some thought to whether you want to try to time your move around any specific dates, such as the new school year or winter holidays.

Step 2: Find a Mainstreet REALTOR®

You may be wondering if you ought to do more before you seek out a REALTOR®, such as making home improvements to up the value of your house. But here's the thing: your REALTOR® will be your best advisor as you make choices like this one.

Not all home renovations pay off when you sell your home, and a local REALTOR® is going to be the best resource for understanding what upgrades are worth it in your neighborhood. What people are looking for varies by location and price point, so generalized online advice isn't going to cut it. A Mainstreet REALTOR® will know a variety of local contractors and can connect you with the best person for the job.

From there, your Mainstreet REALTOR® will help you navigate the ins and outs of listing your home, setting up showings and more. Once you have this advisor by your side, you'll have a guide through all stages of the home selling process.

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