Whether you’re considering downsizing, buying in a retirement community, or moving in with your family, it takes careful planning to get the most out of your equity. That’s because selling your home when you’re about to retire presents a different set of considerations than when you were younger. That said, here’s what seniors should know about selling their homes in San Antonio:
Know When to Sell
Currently, the housing market in San Antonio is red hot, making it an excellent time for seniors to sell their homes. That’s because inventory is limited, and that has created a very high demand for the limited homes on the market. This means that homebuyers are getting involved in bidding wars and making competitive offers (some are even over the asking price).
Seek Specialized Real Estate Assistance
Some seniors might choose to go down the FSBO route to avoid paying the agent’s commission fees. But an agent can help you stage, price your home, market it to their extensive network of contacts, and negotiate on your behalf for a great deal. An experienced agent who understands the San Antonio market will help you price your home correctly, earning you thousands of dollars more in the sale. In fact, a study has proven that a real estate agent can help you fetch more than $58,000 over FSBO sales.
Prepare Your Home for Sale
Preparing your home for sale enables potential buyers to see it in the best light and envision themselves living there. So, you should make minor repairs and upgrades, manicure the landscaping, declutter and depersonalize, and add a fresh coat of paint. You can also consider hiring a professional stager to highlight your home’s best features.
What You Should Know About Selling Your San Antonio Home!
As you prepare for retirement, you might be considering selling your current home. If you’d like to learn more about selling your home in San Antonio when retiring, feel free to get in touch with our real estate professionals today!
