eXp Realty LLC

Ways to realistically manage your home selling expectations

by Abbey Napodano 05/08/2023

How to realistically manage your home selling expectations featured image

Deciding to list your home on the real estate market is a huge decision, and for many it’s easy to get swept away by all the motion and turbulence accompanying the journey. However, by setting realistic goals and expectations, you can streamline the home selling process.


Understand the housing market

You may own a beautiful home, but even a top-notch residence may be difficult to sell depending on the housing market's conditions. By allocating time and working with a real estate agent to study the real estate market, you can differentiate a buyer's market from a seller's market.  

In a buyer's market, there’s typically an abundance of homes and a shortage of buyers. Therefore, sellers may need to price their houses competitively to raise interest from buyers.

Comparatively, in a seller's market, there’s usually an abundance of buyers and a shortage of homes. This means a seller probably won't have to wait long to receive purchase offers to purchase after listing their residence. 

To distinguish a buyer's market from a seller's market, examine the prices of recently sold homes in your area and find out how long these properties were listed before being sold. This information enables you to review the level of interest in properties in your city or town and can help you list accordingly. 


Know your home's strengths & weaknesses

Even though your home may hold personal value, it’s still important to seek professional examination to determine areas in need of improvement. 

During a home inspection, a property expert examines a residence both inside and out. This may include the structure of the home, windows and doors, the HVAC system and more. Then, once finished, they can provide a detailed report. With this information, you can make needed repairs and price your home fairly. 


Collaborate with a real estate agent

A real estate agent can provide their expertise and help you in examining the market, understanding where your home falls as a listing, and can help you nail down a timeline to keep your home selling journey on track. 

With the help of a real estate professional and in-depth examination of your home and local market, you can set realistic expectations to get your home sold smoothly.


About the Author
Author

Abbey Napodano

Hello, I'm Abbey, a lifelong resident of the growing Charlotte area! My joy stems from sharing this wonderful region with my young son and being an integral part of the community.

With a degree in Psychology from UNC Charlotte, I've seamlessly applied my academic knowledge to my fulfilling Real Estate career. My foundation in psychology has enabled me to understand the unique needs and preferences of my clients, fostering strong, lasting relationships in the process.

My journey in real estate has been shaped by unwavering integrity, diligent work ethic, and the meaningful connections I've forged with the incredible individuals who share the privilege of calling the Carolinas their home.

As a resident of Tega Cay, SC, my family and I delight in an active lifestyle, enjoying things like pickleball, yoga, lakeside adventures, and the Tega Cay outdoor concerts. Embracing the heart of this community, I am inspired to assist you in finding your dream home and loving where you live.

Let's embark on this exciting journey together, creating cherished memories and finding the perfect place you'll be thrilled to call home.