6 Significant Reasons to Sell Your Home Today
Here’s a little secret for all of you homeowners – right now, we’re experiencing a sellers’ market. What’s that, you ask? Essentially, there are currently more buyers than there are sellers out there. Have you been thinking of selling your home? There’s never been a better time for you to set a price and stick to it! Here are 6 significant reasons to sell your home today. You won’t want to miss the last one.
Current Equity Built
How long have you been paying off your home? There’s no doubt that you will profit more when selling it if you have built high equity. In case you don’t recall, equity is your interest in your home. It can increase over time if the property value increases or the mortgage loan balance is paid down.
Too Little or Too Much Space
Homeowners can experience two different side effects of owning – growing pains or an empty nest. Let’s say you bought your home with your partner, but now you’ve started a family and the walls feel like they’re closing in around you. It’s time to find a new home. On the flip side, let’s say you bought a new home for your growing family, but the kids are finally out of school and getting married. That extra space might make things feel a little lonesome. It’s time to find a new home.
Lower Interest Rates
Think of the buyer. If interest rates on mortgages are low, then they are much more likely to buy your home. Also, there’s a good chance that you are looking to buy a new home now. Lower interest rates should certainly peak your interest, because why not take advantage of them while they last?
New Prospective Buyers
According to realtor.com, Millennials now represent 42% of all new home loans and are buying outside major metro areas. With this next generation of homebuyers finally hitting the market, you won’t be listing for long.
Looking for Change
It happens to all of us - repetition gets boring. Maybe you’ve just rearranged your furniture, but after the fifth time, you find your space back to the way it was when you moved in. Why not look for a bigger change? By going to bhhsselectstl.com, you can find homes with completely different layouts from yours. Don’t forget to check your home’s worth at the same time.
Little to No Competition
Remember how we mentioned we’re experiencing a sellers’ market? That means you will have little to no competition when you’re ready to sell. Buyers will come by the dozens if you do everything else right from pricing to staging. That’s where an experienced agent from BHHS becomes crucial. We’re working full-time to sell your home for the right price in a timely manner.
Well, what are you waiting for? We’re standing by ready to help you through the selling process. Let BHHS be your guide and call us today at 314-835-6000! We have buyers waiting for you.
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