If you don’t know where to start, we recommend you start by interviewing your top realtors!
To make sure you go in feeling confident, here are a few questions to ask:
This depends on the current market conditions and our team can help you determine what they are like at the time you want to sell.
If you’re in an uprising market you will want to buy before you sell – paying the least amount for your next home while your current home continues to appreciate.
If you’re in a depreciating market, you will want to sell with long closing dates/rent back, and buy a new home later and prices adjust.
If you’re in a balanced market, it’s recommended to sell first and then buy your new home.
We have found that it will cost our clients (on average) $30,000 to buy first due to having to pay close to asking price to entice the seller to take a subject to sale offer.
Now that you have an accepted offer most clients will be eager to sell their home quickly, so they don’t get bumped on their subject to sale.
Usually resulting in a lower accepted sale price.
If your new home is vacant when it sells, it can be as quick as two weeks, but as a general rule, most closing dates are 45 to 60 days out from the sale.
If you’re selling and buying again, we recommend a three to four month close to allow you time to find your new home.
If your home is priced at market value, in a normal and balanced market, it will usually sell within 30 days.
In a balanced market, you should see 3-4 showings a week if your home is priced properly.
Keep in mind, that markets can change and our team can answer any market specific questions for you.
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