Within the last decade, the real estate industry has seen phenomenal changes throughout the market. With astronomical growth in real estate, it can be hard to keep up with current market trends, which can make determining when to list your home challenging.
If you’re thinking of selling your Toccoa, GA property, keep these trends and market updates in mind.
Technology’s Impact
Leverage the power of the internet. The online world offers immeasurable access to almost anything virtually at the click of a button, and when you’re selling your home there’s quite frankly no better place to market it.
Potential buyers are constantly searching for rental properties and homes for sale using real estate websites and mobile apps. These platforms don’t only provide instant accessibility, but they enhance your ability to reach buyers all around the world by typing in something as simple as the neighborhood or area name, such as Toccoa, GA.
In addition to using online real estate platforms to locate the perfect home, many people are taking advantage of all that our technological world offers. With digital tools expanding, offering features like virtual tours and video walkthroughs, buyers are able to gain a better sense of the space, layout, and overall feel of a property before they schedule a physical visit. This can help weed out buyers that aren’t serious, offer an added layer of protection, and it directly changes the game on how you can competitively sell your home.
If you’ve never browsed an online real estate website, check out some of the listings to get an idea on how you can use these platforms to market your property.
Legacy Decisions: Renting Versus Home Ownership
The market has seen its share of ups and downs over the last decade, but one of the most prominent positives is the increased transition from renting to purchasing a home. Many people are finding that even with such a strong and competitive market, it’s more beneficial to opt for buying a home.
As you consider the pros and cons of selling, consider your financial situation. Many times, when you’re selling, you’re going to be looking for a new place to call home yourself. This can be challenging when you get a great offer that you want to accept but you’re not certain where exactly you’re going to go.
Starting the house hunting process before you list can save you from rushing to buy a new home and help you avoid having to settle for moving into a rental for a temporary period.
Renting a property while you house hunt isn’t necessarily a bad thing, but many times you’re going to find that with buying a home, you’re getting more bang for your buck when it comes to space and comfort. While renting may be a more viable option for a short period of time, monthly mortgage payments can be a better long-term commitment, which can make finding the perfect place even more of a priority when you’re thinking of selling.
Evaluate Your Needs
Selling a home is a big decision, and it doesn’t fall short of being anything less than a major life change. While contemplating whether or not you want to list your home, be sure to prioritize your own needs every step of the way.
Keep track of important things like what your bottom number is for selling, the location you’re wanting to relocate to, and the cost of moving. Not only are you saying goodbye to a home that’s played an important role in your life, but you’re moving towards a new one that offers a fresh chapter with more memories that you’ll be making.
Still uncertain about putting your home on the market? Speak with a local Toccoa, GA real estate expert to learn more about how to best prepare the property, what marketing tools are the most successful, and gain access to experienced professionals that know the ins and outs of the market. Stress less about selling your home and focus more on finding the perfect place to buy, with an agent that’s got your back.