20 Reasons Homeowners Sell
When will you sell your home? Notice that I didn’t ask if you’ll sell your house, but when. That’s because it’s just about inevitable that homeowners will put a sign in their front yard and list their home for sale at least once in their life. In fact, according to the U.S. Census Bureau, the average American will move 11.7 times in their life. And the National Association of Realtors cites that the typical U.S. homeowners sells their home every nine years. In California, I’d venture to guess that homeowners sell even more frequently! Don’t believe me? Selling a home isn’t always strictly a financial decision, but based on an endless array of lifestyle factors, events, and circumstances. There are myriad reasons why people decide to pick up and move, including this quick list that I came up with (and many more): 1. Starting a Family When a couple becomes a family, it’s time to sell the house and buy a bigger one with room for everyone to grow! 2. Job Transfer Relocation because of a job opportunity is one of the top reasons for selling. 3. Downsizing Sometimes, people just have way too much home and get tired of cleaning that 5 th bedroom that’s never been used! 4. Retirement Once you’ve officially retired and are ready to fish/golf/volunteer/spend time with family, it’s also a good time to sell! 5. Bad Neighborhood Uh oh, there goes the neighborhood. If a toxic waste dump/sinkhole/strip club pops up on your street, it may be time to sell. 6. Bad Neighbors When the neighbors start blasting music until three AM every single night and there’s no resolution, it may be easier to put a sign in the front yard and get the heck out! 7. Getting Married (and Selling Individual Homes) When two becomes one, people often sell their homes that they’ve owned individually and opt for that new house together. 8. Divorce or Separation Then again, things don’t always work out, unfortunately. So, they sometimes have to sell that new house and move back into two individual homes. 9. Health Issues Sadly, people may have medical or health concerns that lead them to list their home for sale. 10. Change in Lifestyle Want to drop out of society, hit the road to live in your van, and become a minimalist? It all starts with selling your home! 11. Landlords Cashing in If you’ve made great money every month in rent and have seen your home triple in value, why not sell and enjoy the fruits of your labor? 12. Landlords Fed Up!
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When will you sell your home?
Notice that I didn’t ask if you’ll sell your house, but when. That’s because it’s just about inevitable that homeowners will put a sign in their front yard and list their home for sale at least once in their life.
In fact, according to the U.S. Census Bureau, the average American will move 11.7 times in their life. And the National Association of Realtors cites that the typical U.S. homeowners sells their home every nine years.
In California, I’d venture to guess that homeowners sell even more frequently!
Don’t believe me? Selling a home isn’t always strictly a financial decision, but based on an endless array of lifestyle factors, events, and circumstances.
There are myriad reasons why people decide to pick up and move, including this quick list that I came up with (and many more):
1. Starting a Family
When a couple becomes a family, it’s time to sell the house and buy a bigger one with room for everyone to grow!
2. Job Transfer
Relocation because of a job opportunity is one of the top reasons for selling.
3. Downsizing
Sometimes, people just have way too much home and get tired of cleaning that 5 th bedroom that’s never been used!
4. Retirement
Once you’ve officially retired and are ready to fish/golf/volunteer/spend time with family, it’s also a good time to sell!
5. Bad Neighborhood
Uh oh, there goes the neighborhood. If a toxic waste dump/sinkhole/strip club pops up on your street, it may be time to sell.
6. Bad Neighbors
When the neighbors start blasting music until three AM every single night and there’s no resolution, it may be easier to put a sign in the front yard and get the heck out!
7. Getting Married (and Selling Individual Homes)
When two becomes one, people often sell their homes that they’ve owned individually and opt for that new house together.
8. Divorce or Separation
Then again, things don’t always work out, unfortunately. So, they sometimes have to sell that new house and move back into two individual homes.
9. Health Issues
Sadly, people may have medical or health concerns that lead them to list their home for sale.
10. Change in Lifestyle
Want to drop out of society, hit the road to live in your van, and become a minimalist? It all starts with selling your home!
11. Landlords Cashing in
If you’ve made great money every month in rent and have seen your home triple in value, why not sell and enjoy the fruits of your labor?
12. Landlords Fed Up!
They say that landlords eventually sell because of the four T’s – taxes, termites, toilets and tenants!
13. Financial Difficulties
Too much debt, bankruptcy, job loss, etc. – all sorts of financial difficulties can lead to sellers calling me ASAP.
14. Home Too Small/Looking for Home with More Amenities
A lot of move-up buyers just want a bigger home or one that features a pool, near a park, a better school system, etc., so they have to sell first.
15. Made a Mistake
A whole lot of homebuyers have regrets (especially first-time buyers), and one way to make amends is to sell your mistake/home!
16. Moving Up
The classic reason for selling your home is because it’s accrued plenty of equity so now it’s time to cash out and buy that bigger, nicer dream home!
Roof leaking? AC on the fritz? Foundation problems? It may be easier to sell and buy a newer home than deal with all of those huge maintenance projects.
18. Cash In On Equity
Let’s be real – sometimes it’s just a great financial decision to sell and pocket all of that equity you’ve accrued over the years.
19. Move Closer to Family
A lot of homeowners make the decision to move much closer to family to enhance their quality of life. Then again, some people move further away from family for the same reason!
20. Empty Nest
Going full circle, when the kids are all grown and leave the house, it’s time to sell and start the next chapter in your life.
So, when is the next time you’ll decide to sell your home?
Let’s talk about it so we can maximize your profits and make it as smooth a sale as possible!
