Distinctive Pasadena
Area Real Estate

SELLING A HOME: IT TAKES MORE THAN A SIGN AND SOME ADS

If you’ve ever done it, you know selling a home requires much more than placing a sign in the yard, buying a few ads in the local newspaper, maybe making a few phone calls and, when (and if) a buyer is found, completing a few pages of paperwork. In fact, chances are, even if you have sold a home before, things have changed – possibly dramatically. Today, the selling process requires 24/7 effort,market and marketing expertise, knowledge of real estate law and local requirements, and much more. That’s why it’s imperative that you hire a qualified real estate professional who offers not one or two, but all of those qualifications.

Veteran Pasadena area Realtor Lin Vlacich encourages first-time and seasoned home sellers alike to ask themselves the following questions and consider a few important steps before selling a home.

DECIDING TO SELL

Veteran Pasadena area Realtor Lin Vlacich encourages first-time and seasoned home sellers alike to ask themselves the following questions and consider a few important steps before selling a home.

Why Am I Selling My Home?

If your reasons are purely emotional, you should consider taking extra time for a reality check (including going through the questions and recommendations here), and talking to a trusted friend or family member. On the other hand, if your motives are practical, logical and primarily objective, then it might be time to move forward. Just remember to also consider your current finances and realistic potential changes in your fiscal situation, lifestyle and opportunities.

Once you have taken a good, hard look at those things, and if you determine you want or need to sell, your next question for yourself should be . . .

Is Now the Time to Sell?

Selling a home requires the coming together of two factors: (a.) the wants, needs and goals of the seller, and (b.) current real estate conditions in the local market. While you can ascertain your wants, needs and goals, it takes the knowledge and experience of a real estate professional to compile an expert market analysis and put together a comprehensive action plan.

The Current and Projected Markets

Evaluating the current and projected real estate markets in a home’s community and neighborhood takes more than counting the number of “For Sale” signs and noticing how quickly they appear and disappear. A timely and detailed market analysis should (in fact, must) include accurate price trends and projections as well as existing pricing, competition and more.A veteran Realtor who has experienced the market’s behavior in your community and neighborhood over time, and who has successfully acted and reacted to it on behalf of her or his clients is invaluable when it comes to the efficient and timely sale of your home.

Considering the Financial Implications and Outcome

Your current and future financial considerations are important factors in your decision to sell your property. Whether you are selling a home that is a primary residence, vacation home, large estate or small rental, keep I mind there are such things as tax implications, estate planning and so on to evaluate. Your qualified real estate professional will communicate with you, your financial planner, tax attorney or other fiscal representative in order to devise the optimum plan to fit your unique situation.