Here Are 5 Things to Consider Before Selling
Toying with the idea of selling your home? Maybe you’re dreaming of a bigger backyard, a new neighbourhood, or just a fresh start. But before you slap that “For Sale” sign on the lawn, there are a few key things to think about.
Selling your home is a big decision, and timing can make all the difference. So, let’s break it down—here are five things you must consider before making the leap!
1. How Long Have You Owned Your Home?
If you just moved in last year, you might want to pump the brakes. Generally, the longer you stay in your home, the more you can build equity (a.k.a. money in your pocket).
✅ Why this matters:
✔️ Selling too soon could mean losing money on realtor fees and closing costs.
✔️ If you’ve only been there a short time, your mortgage penalties might be higher.
✔️ In most cases, staying at least three to five years helps make selling worth it financially.
💡 Pro Tip: Not sure if you’ve built enough equity? I can help you figure that out before you list!
2. What’s the Market Like?
The real estate market is always changing, and timing your sale strategically can mean the difference between multiple offers and your home sitting unsold for weeks.
✅ Things to look at:
✔️ Are home prices rising or falling in your area?
✔️ Is it a seller’s market (high demand, low supply = better for sellers)?
✔️ Are interest rates working in your favour?
💡 Pro Tip: If you’re unsure about the market, let’s chat! I keep a close eye on trends and can help you decide when to list for maximum profit.
3. Will You Be Buying Another Home?
Selling is one thing—but where are you going next? The last thing you want is to sell your home and have nowhere to go.
✅ Consider these questions:
✔️ Do you need to buy another home immediately?
✔️ Do you qualify for a bridge loan if you need one?
✔️ Are you okay with renting temporarily while you search?
💡 Pro Tip: If you're buying and selling at the same time, let's talk about a game plan to time everything perfectly so you're not stuck in limbo!
4. Is Your Home Ready to Sell?
If your home needs some love, you might need a little prep work before listing. Buyers love a move-in ready home, so taking care of the small things now can mean big returns later.
✅ Things to check:
✔️ Does your home need minor repairs (like paint touch-ups, fixing leaky faucets, or patching holes)?
✔️ Could it use some staging to attract buyers?
✔️ Have you decluttered to make the space feel bigger and more inviting?
💡 Pro Tip: Not sure what upgrades are worth it? I can walk through your home and give you pro advice on what’s worth fixing (and what to skip)!
5. Are You Emotionally Ready to Move?
Selling isn’t just a financial decision—it’s an emotional one, too! If you’re attached to your home (and let’s be real, most of us are), be prepared for some feels.
✅ How to make it easier:
✔️ Start focusing on the exciting opportunities ahead.
✔️ Take photos or create a keepsake of your favourite home memories.
✔️ Remind yourself that a new home means new adventures!
💡 Pro Tip: If you’re feeling overwhelmed, take it step by step—I’ll be there to guide you the whole way!
Is It the Right Time to Sell?
If you’re thinking about selling, the best thing you can do is get the right advice before making any big moves. Whether you're 100% ready or just exploring your options, I’d love to chat and help you decide if now’s the right time!