| There are many reasons why a seller needs a quick sale. Assessing your needs - and acting accordingly - is a big step toward a satisfactory sale process. |
In many instances, a quick sale is advantageous, or even essential. If any of the following situations applies to you it may be worth pricing a little lower in order to obtain a buyer more quickly.
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You are closing on
a new home. If you've already found a new home, carrying both properties will quickly add up to more than you can realize by waiting for a higher sale price on your existing property. |
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You are under
financial pressure. If you are under pressure to sell your home to meet other financial requirements it may make sense to secure a quick sale and attend to these issues. |
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You are moving out
of the area. If you are being transferred or are relocating to another area you probably want to complete a sale before you leave. Dealing with the marketing effort from a long distance - and probably traveling back and forth - may be more trouble and expense than it is worth. |
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You
think the market is about to drop off. If you think that the real estate market is going to decline soon it is probably worth pricing for a quick sale. If you are right about the market, it's likely that you'll end up getting no more - and maybe less - if you wait. |
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You don't want to
wait. Depending upon your situation and frame of mind, you may simply decide that it is worth taking a few dollars less to be done with the whole thing. If this makes financial sense to you - and promises to improve your quality of life - it is probably the smart move. |
