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Deciding to sell:
Perhaps you have been thinking of selling your home or real estate in order to improve your circumstances.
Why Do You Want to Sell?
There are several reasons for selling your property—job relocation or a new opportunity in another state, or simply because your current property no longer fits your needs or lifestyle. No matter your reasons, your trusted South Lake Associates professional can help you understand your motivations for selling, and the impact selling may have on your life and finances. If suitable, we are confident in making and presenting alternatives that may help you better reach your financial and property ownership goals.
When Do You Want to Sell?
Most sellers want the transaction completed quickly, and turn to an experienced real estate consultant to expedite the process. Others have the flexibility of deciding when to sell, with no sense of urgency. Our experienced South Lake Associates consultants will counsel you on current market conditions in your area, and help you use that information to decide on the ideal time to put your property on the market.
Analyzing Current Market Conditions
The contemporary real estate market can affect both your property’s selling price and how quickly it sells. A buyers’ market means the number of properties for sale outnumber potential buyers, and buyers have a negotiating advantage. In a buyers’ market, having an experienced real estate professional strong negotiating skills on your side is critical for a successful sale, leveraging your sales proceeds.
A sellers’ market has fewer properties on the market, which means higher prices and increased competition (multiple bids) on properties. In this market, an experienced real estate professional can help you determine a reasonable price for your property to leverage your exposure, attract buyers and ultimately get you optimal market price and terms.
Leveraging Finances & Taxes:
Has your income level increased or decreased? Whether you are up-sizing, downsizing or simply making a lateral move, your monthly real estate expenses will adjust, and our South Lake Associates consultants will help you gauge the potential influence of these changes to ensure you come to a fiscally sound conclusion.
We can also assist in estimating potential proceeds from a property sale after selling expenses which can include transfer taxes, tax with holdings, real estate commissions and in some areas certain legislated repairs. We will also propose tax savings and estate planning initiatives. We recommend that an accountant or attorney be consulted on these issues prior to completing your transaction
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