Home Selling in 60714>Question Details

Saima, Home Seller in Niles, IL

what do think is this a good time to sell a house?

Asked by Saima, Niles, IL Sat Sep 8, 2007

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6
Hi Saima,

The best time to sell a house is when you need to sell. That could be because you have a contract for another property, your job takes you to another city or state, etc..

If one does not need to sell, it's not a good time to sell.

I'd be happy to sit down with you and help you determine if this is a good time for you to sell or if waiting a year, two or more is better.

Feel free to contact me.

Cathi Weaver
Web Reference: http://www.cathiweaver.com
0 votes Thank Flag Link Mon Sep 10, 2007
Dear Saima: Traditionally, spring is the best season for real estate. Sales really take off in April and May and stay consistent in June and July. It’s a good season for folks to move, between school years and while the weather is warm. People have just received their tax refunds, which they can use to help finance a down payment. And the nice weather and beautiful flowers in spring and early summer make it a great time to show your home. In fact, 60 percent of America’s moves take place in the summer. But closing a sale can take several weeks, so it’s a good idea to list your home early in the Spring.
0 votes Thank Flag Link Sun Sep 9, 2007
Saima,
I would think it depends on your motivation for selling. If you are just going to put it out there to see what happens, I would think about waiting. If you really need to sell....the sooner the better. There is a lot of inventory for people to look at.
0 votes Thank Flag Link Sun Sep 9, 2007
Depends on if you are also buying another home or just selling.

If you need to sell for whatever reason, you will be competing with all of the Sellers that have to sell and with those properties that have already been taken over by the bank. You are going to sell low... if you sell.

But, if you are also going to buy, you will way more than make up the difference on the other end if you get connected with a good Realtor that really knows how the game is played.

I don't know where 60714 is but I hope you find that Realtor.
0 votes Thank Flag Link Sat Sep 8, 2007
Traditionally, I think putting a property on the market in the spring was the best time. In the current market, I am not sure if that's still true. I think the answer to your question will depend on your personal circumstances. If you need to sell because you can't afford to pay the mortgage, putting the property on the market as soon as possible is imperative. If you don't need to sell, I think you may want to put the property on the market after the holidays.
Web Reference: http://www.go2kw.com
0 votes Thank Flag Link Sat Sep 8, 2007
Ute Ferdig -…, Real Estate Pro in New Castle, DE
MVP'08
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if you have to sell, then the sooner you get your home on the market the better.
if you dont have to and you can wait ...... then you should. ;)
0 votes Thank Flag Link Sat Sep 8, 2007
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