KW Success Realty
April Davis, KW Success Realty Phone: (850) 774-7221
Email: [email protected]

How to manage your house selling expectations

by April Davis 10/10/2024

How to realistically manage your home selling expectations featured image

Deciding to list your home on the real estate market is a huge decision, and for many it’s easy to get swept away by all the motion and turbulence accompanying the journey. However, by setting realistic goals and expectations, you can streamline the home selling process.


Understand the housing market

You may own a beautiful home, but even a top-notch residence may be difficult to sell depending on the housing market's conditions. By allocating time and working with a real estate agent to study the real estate market, you can differentiate a buyer's market from a seller's market.  

In a buyer's market, there’s typically an abundance of homes and a shortage of buyers. Therefore, sellers may need to price their houses competitively to raise interest from buyers.

Comparatively, in a seller's market, there’s usually an abundance of buyers and a shortage of homes. This means a seller probably won't have to wait long to receive purchase offers to purchase after listing their residence. 

To distinguish a buyer's market from a seller's market, examine the prices of recently sold homes in your area and find out how long these properties were listed before being sold. This information enables you to review the level of interest in properties in your city or town and can help you list accordingly. 


Know your home's strengths & weaknesses

Even though your home may hold personal value, it’s still important to seek professional examination to determine areas in need of improvement. 

During a home inspection, a property expert examines a residence both inside and out. This may include the structure of the home, windows and doors, the HVAC system and more. Then, once finished, they can provide a detailed report. With this information, you can make needed repairs and price your home fairly. 


Collaborate with a real estate agent

A real estate agent can provide their expertise and help you in examining the market, understanding where your home falls as a listing, and can help you nail down a timeline to keep your home selling journey on track. 

With the help of a real estate professional and in-depth examination of your home and local market, you can set realistic expectations to get your home sold smoothly.


About the Author
Author

April Davis

Congratulations!! You have found The Agent who truly believes in treating others the way she would want to be treated. I was NOT born a Bay County resident; I'm a transplant from Georgia. This actually gives me a bit of an edge in seeing things through the vision of a newcomer. This edge is the fact that I've done all the research and traveling to find the attractions, benefits, events and a wealth of other information most new arrivals to beautiful Bay County are seeking to find. I will walk that mile (or more) with YOU to find YOUR IDEAL IMAGE HOME. Although each of us has different wishes for our homes, we can all agree that we want it to be "A place of refuge, comfort, hope, memories and happiness". I know Bay County extensively and I'm familiar with being in the military "family". I am an extremely proud Retired Air Force spouse. My motto as your agent is: "It is my mission to treat YOU as I would desire to be treated". I would like to help you with full integrity, on a timely basis and with positively your best interest at heart. If you are currently a Bay County resident and wish to sell or purchase a home, please consider my services as well...because; that same integrity used for newcomers will be exactly the same for locals!