Why You Might Want to Sell Your Home in 2021 (& How to Prepare)
Last year was crazy to say the least — both inside the home and in the outside world. Now, going into 2021, you’re probably wondering what to do with the year and your living situation going forward. Perhaps you’ve thought about it before or are just beginning to consider whether you should sell your house. Although the right and wrong time to sell a house depends on much more than the outside world, 2021 might be one of the best times to sell if you’re already considering doing so.
While the market can direct the exact time you sell, only you can determine the right time for you and your family. That’s because when you should sell your house is about your personal life circumstances, timing, and finances. But, once you’re at a place where you’re ready to sell, looking at the world to gauge the market can help you determine the perfect timeline for your sale and move.
Fortunately, 2021 brings hope not just for finding the home you love, but also for making a great sale on your current place. Specifically, finding someone you trust to handle the sale, prepping the place well, and moving forward in your own journey can help you sell your home and make the most of 2021.
Here are a few reasons why 2021 is the year you might want to sell your home.
You Have Time
COVID-19 brought lockdowns and quarantines for much of the world, and many people took to baking bread or doing home DIY projects at the beginning of the pandemic. That said, 2021 is still a year of caution and spending quality time inside, and you can regain that spirit and motivation when it comes to home projects, prepping the place to sell, and getting everything in order. Granted, having a lot of extra time to spend at home might not feel quite as exciting as it did when you were filled with inspiration, but you can still channel it into getting things together fully.
The Market Is Hot
The housing market can be tumultuous, and no year has proven that like this one. Even with the economic plights of the pandemic, the housing market has boomed into a seller’s market — which is good news for those looking to sell.
Many people are also looking to put down permanent roots, primarily outside of major metropolitan cities. The widespread desire to own a home in a quieter suburban area is a strong motivator to sell in 2021 — provided you have that kind of property. With this boom in the housing market, desirable homes are getting snatched up quickly and entertaining multiple offers. So, if you’re selling a home this year, expect to receive offers above your asking price.
While the market is subject to change — as it always is — right now is a hot time to sell houses, especially in areas with ample room and outdoor space. The pandemic is unpredictable and the market is, too. But, you can take advantage of it by selling at the right time — and as soon as possible.
You Can Take Your Time
While the market is hot right now and selling as soon as you can is a smart move if you’re ready, you also have the power to take the time you need this year. Right now, lots of signs point to the pandemic sparking new priorities in the market, even if the public health crisis clears up. Nevertheless, you can feel a bit more relaxed taking your time to get everything just right with your home.
How to Prepare
So, you’ve decided to sell your house this year. Now what?
While there are some specific things you can keep in mind for the 2021 housing market, there are also a few tips that are always good to keep on your radar when prepping for a sale. Whether this is your first time selling or you’ve been around the block a time or two, it’s important to prepare however you can. Here are a few ways to do just that:
1. Find a Real Estate Agent You Love
No matter when you’re selling, finding a great real estate agent to support and guide you through the process is a great way to make the sale of your home easy — for you and potential buyers. In fact, a real estate agent reduces the stress of negotiation and saves you time in the process.
2. Start Your Search, Too
This one might not be as obvious, but in a housing market so suited to sellers, those looking to move somewhere new should get a jump on their search, too. You don’t want your own house to sell fast and then end up with nowhere to go next.
3. Make Little Fixes
Small improvements can contribute significantly to the big picture, especially when putting your house on the market. Fixing cracks and dents; thoughtfully highlighting your entryway; and even putting a fresh coat of paint on the walls can truly change the game and make your house look totally move-in ready.
4. Clean
One of the most important aspects of selling your house is making sure potential buyers can see your house. In particular, doing a deep clean and decluttering not only helps you prepare to move, but also gives you the opportunity to neatly and concisely show off your home. Cleaning out closets, spare rooms and garages are all necessary when prepping your place for sale.
Selling your home at any time is about what you want and what you need. Not every year will work for you. However, if you feel ready to sell in 2021, it could pan out in your favor. Contact one of our agents for more information.
Source: Point2