Timing is everything! I have heard that phrase all of my life. And never does it ring so true as it does in the real estate market. From Rexburg to Idaho Falls, and in all the areas around and in between, sellers are asking themselves the same question…. “Is now a good time to sell?”
Well…. why not!?!
When a pilot is getting ready to fly an airplane, he doesn’t just climb into the cockpit, start the engine and take off! He must first go over a series of checklists to make sure that everything on the the airplane is in working order. He double checks his flight patterns, and he is in direct contact with the tower throughout the whole process. After his pre-flight list has been checked off, and he gets clearance from the tower, then he can safely fly off into the wild blue yonder. What a process!
Selling a home is much like an airplane pilot. You must not only have patience, but you must also be thoroughly prepared. Among many things, you need to have a good knowledge of the housing market in your area, have your home in top working condition and have a real estate professional to help you along the way (I know a great real estate agent!! hee hee) Basically, you need to go over a ‘Salability Checklist’ to make sure you are prepared to sell your home. The more checkmarks you have, the better the odds for you to sell.
Selling your home for less is also something you need to be prepared for. It is true that if your home was worth $250,000 a few years ago, that the value may have gone down. It is not fun to sell for less. Many sellers feel like they are loosing money. However, if you look at both sides of the coin, you will see that if you are selling for less then you can turn around and buy for less. The same would be true if the housing market was a seller’s market: You would be able to sell your home at a higher price, but then you would have to turn around and buy at a higher price.
So… Go for it!!! With a little patience and some adequate preparation, you can definately sell your house!!!