How to Tell If You Are Ready to Sell Your Candlewood Lake Home

How to Tell If You Are Ready to Sell Your Candlewood Lake Home

 

If you are thinking of selling your home to buyers of Candlewood Lake and Lake Lillinonah properties, make sure you have carefully thought about your decision. Selling your home is a serious decision that requires planning and strategy. It is also important that you are completely decided to go through with the sale. Otherwise, you might end up regretting your decision.

Here are some signs that will tell if you are really ready to sell your home:

1. You are no longer attached to your home

Selling your home becomes all the more difficult if you are still emotionally attached to it. Having this strong connection to your home decreases the likelihood that you will even want to listen to your real estate agent’s advice. Although your home holds special value to you, you need to see it as a product. If you do not have any difficulty detaching yourself emotionally from your home, it’s a sign that you are ready to sell.

2. You don’t have second thoughts about your decision

It is not always easy to make the decision to sell your home. After all, your home is more than just a piece of property; it is a place where you and your family have made special memories. However, you don’t have to make the decision on your own. By working with a trusted real estate agent who has dealt successfully with Candlewood Lake real estate, you will get the honesty and expert advice you need that will make the selling process smoother. By considering all factors and working closely with a professional, you will be able to make the best decision for you and your family.

3. You look forward to the changes

Sellers who are not ready to part with their home will most likely resist any major change or upgrade in their home. Without these upgrades, there is a possibility that your asking price and the duration of the sale of your home could be compromised. Today, it is important for sellers to invest time and effort in making sure their home stands out from the rest of Candlewood Lake homes. If you are not willing to do so, then you really aren’t ready.

4. Your financial situation has changed

It is time to consider selling your home if your finances have changed, for better or for the worse. If your financial situation has improved and you dream of something bigger or nicer, you may want to move up to a bigger home. If you have retired and are expecting a fixed income, it might be better to reduce your monthly mortgage payment and find a smaller home.

5. Your home doesn’t fit your lifestyle anymore

If your current home doesn’t meet your everyday needs like it used to, it might be best to look for a new one. Perhaps you could use another bedroom to accommodate your growing family, or maybe all your kids have moved out and you are now ready to downsize. Whatever the case may be, if your home doesn’t fit your lifestyle anymore, then it is a good reason to put it on the market.

Check out http://www.CandlewoodLakeHomesforSale.com today for more home selling tips and suggestions.

If you want to work with a real estate professional who can assist you in buying or selling Candlewood Lake, Lake Lillinonah homes, Lake Warmaug and Lake Zoar real estate, call me, Deborah Laemmerhirt, at 203-994-4297. I have the knowledge, expertise, and tools to help you close that deal.

Avoid These Costly Mistakes When Selling Your Candlewood Lake Home

Avoid These Costly Mistakes When Selling Your Candlewood Lake Home

 

The process of selling your Candlewood Lake waterfront home for sale could be very emotional. According to experts, one of the biggest obstacles to the successful sale of a home is a seller who is affected by his or her emotions. Home sellers who allow emotions and sentimental attachments to overtake them during the sales process usually end up making hasty, poor decisions and mistakes that could cost them a lot of money.

Here are the common mistakes committed by sellers when they let they get emotional during the home selling process and  how to avoid them:

1. Overpricing your home

Your goal as a seller is to get top dollar for your property. However, buyers of waterfront homes in Candlewood Lake will not be willing to pay a premium for features that are valuable only to you. When emotions get in the way, overpricing often happens. Some sellers make the mistake of thinking that their home is special so buyers must be willing to pay more because they have also fallen in love with the property. Remember that your emotional affinity to your home has nothing to do with its price. If you insist on overpricing your home, it might stay on the market for months, or even a year. The best thing to do is consult with your real estate agent on the best price of your home based on the values of similar homes sold in the past 6 months in your area.

2. Ignoring your agent’s advice

Experienced real estate agents know what they are doing. Work with a professional who has an excellent track record in dealing with Candlewood waterfront homes to ensure the successful sale of your home. However, if you find yourself resisting every piece of advice or suggestion from your agent like pricing, clean-up tips and repairs, it may be a sign that you are not yet ready to part with your home. It would be better to postpone listing your property if you are not yet emotionally prepared to sell your home.

3. Pricing based on the wrong factors

Another mistake home sellers are guilty of is basing the listing price on how much money they need to fund their next home purchase. Keep in mind that the listing price should be based on the home’s fair market value. It is defined by what a qualified buyer will pay for your house at any given moment. Agents usually look at what qualified buyers have recently paid for similar homes nearby to come up with the best price of your home, this is what is called a comparative market analysis. Your agent has the proper tools and knowledge to do a comparative market analysis so don’t commit the mistake of thinking you could do it by yourself.

4. Being present during a showing

Although there are many good reasons why a seller might want to be around during the home’s showing, it tends to spoil the experience for most home buyers. Sellers usually become sensitive when buyers point out flaws. They think that every issue is a complaint against how they fell short of taking care of the property. However, the truth is that the comments and observations from the buyers have nothing to do with the seller. The presence of the seller during an open house or showing tends to stifle prospective buyers from expressing opinions. In some cases, sellers reject offers for emotional reasons such as hearing negative feedback from the buyer.

Make sure you avoid these 4 mistakes sellers often make when they list their home for sale. Working with an experienced agent who has your best interests in mind is the key to a successful home sale. 

Check out http://www.CandlewoodLakeHomesforSale.com today for more home selling tips and suggestions.

If you want to work with a real estate professional who can assist you in buying or selling Candlewood Lake, Lake Lillinonah homes, Lake Warmaug and Lake Zoar real estate, call me, Deborah Laemmerhirt, at 203-994-4297. I have the knowledge, expertise, and tools to help you close that deal.