One of the most significant decisions you will ever make in life is buying a home. However, coming in at a close second place is selling one. While you don’t have to worry about vying for a house against other buyers, there are plenty of other factors to consider, such as how you will sell, how much you need to sell for, and preparing for moving day. Before you make any firm plans, consider the following information first.
The Current Market
The Massachusetts housing market you purchased your home in isn’t guaranteed to be the same one you’re selling in. Demand for Massachusetts property has been increasing, which means the basic rules of supply and demand come into play.
Depending on the condition of your property, you may be able to sell for more than you bought for, which can be good news for those who need to liquidate quickly and receive a fast cash injection.
However, it’s worth being aware that the market you sell in is also the one you buy in. If you plan to sell and then buy again, look at both sides of the market. The more research you do into average house prices in Massachusetts, the more information you can have to make an informed decision.
You may not realize it, but there is more than one way to sell your home to free up cash and move on. You might see the value in real estate agencies taking the lead. They can organize open homes, viewings, offers, and paperwork.
However, there are other ways you can sell your home. You may decide to sell it yourself, which means you need to learn how to host open homes and navigate complex legal paperwork. Alternatively, you might prefer the speed and ease of selling to professional buyers.
With this option, you don’t have to worry about meeting the buyer’s conditions like repairs and cleanliness, and you can move out and move on without looking back. Take your time to view the pros and cons of such sales methods to decide which suits your unique situation the best.
What You’ll Do Next
Not everyone sells their home to upgrade or move out of state. Some people sell out of necessity to free up funds, or because they can no longer afford the taxes, maintenance, and repairs that often come with homeownership.
When you start looking at your sales options, it’s essential to consider what you will do when that ‘sold’ sign goes up. With some sales methods, that day can arrive quicker than you think.
You might already have your eye on a property to buy. In that case, you can focus on making sure the dates align and move out of your home and into another. If you plan to rent or move in with family, fine-tune these details so that moving day goes smoothly.
How You’ll Manage the Move
Unless you put an extensive plan together, moving house can be quite stressful. If you sold your home through a realtor, you often have to scrub the house from top to bottom before you officially vacate.
Selling to a professional buyer generally means cleaning is not a concern, but you still have to form a plan for moving your possessions to your next location. Fortunately, this doesn’t have to be a complicated or stressful undertaking.
Start decluttering early on so that you don’t have to pack and move as many possessions. Sell off things you don’t need to fund your trip, especially bulky furniture that has just been taking up space in your home with no real function.
You may also see great value in labeling boxes so that you know which possessions go in which rooms of your new future home. If it helps, write a ‘to do’ list so that you can cross off each stage of the moving process as you reach it.
What to Do With Pets and Children
When there’s just you to worry about on moving day, the entire process can go smoothly. However, pets and children can struggle with moving day and the whole change in general.
You may be able to make the transition for them easier by allowing them to stay with friends or relatives while you organize everything. If you can’t find anyone to take your pets, book them into a kennel or cattery until you’re settled into your new home and have taken care of pet-proofing the property.
If you’ve moved to a new town, city, or state, don’t forget to enroll them in new vets and educational facilities and change your address.
It’s easy to get caught up in the excitement of selling your house, but don’t forget to think about what comes next. Put time and effort into planning how you will sell, the packing process, and what you will do when moving day arrives.