Facebook Share Twitter Share Google+ Share Linkedin Share Pinterest Share
“Go Ahead, Make Me Move!” Five Reasons You May Want to Sell Your Home Today

“Go Ahead, Make Me Move!” Five Reasons You May Want to Sell Your Home Today

You’ve likely heard that there is a time and place for everything. The same phrase applies to selling a home and moving as well. Old home-buying practices might suggest that you buy one home and live in it forever; but, that is simply not the case for today’s home owner.

There are a multitude of reasons why people sell their homes in today’s market. But, have you ever asked yourself, “What could make me move?” We’ve compiled a list of five top reasons that sellers give for listing their homes in search of a new one.

So, the next time you ask yourself, “Is there anything that could make me move?” see if you fall into one of these common categories that make today’s sellers answer and emphatic “Yes!” to that very same question:

1. “It’s time for an upgrade.”

It’s the American Dream, right? Buying a home, and then buying a bigger home with more space and amenities. In today’s real estate market, it is often the reality for many people. Whether they consider their first home to be a “starter,” their family size has increased or they find themselves regretting not finding that home with a pool or bigger backyard, many of today’s sellers move because they are looking for a bigger, better home. Without a doubt, upgrading is one of the biggest reasons why people sell their home and move in today’s market.

2. “It’s time to downsize.”

On the opposite end of the real estate spectrum, downsizing is another big reason why people sell their homes and move today. Perhaps the kids have gone off to college, retirement is around the corner or health issues have started to play a hampering role in daily activities. The reasons are many, but the result is similar, putting a larger home on the market and moving to a smaller home, condominium or even an assisted living community. Downsizing is a common reality for many sellers today. 

3. “We need to relocate.”

Relocation is often an unavoidable reason that many people sell their home and move today. Sometimes, people are required to move for a job or they may choose to relocate for a certain school. Some people will even relocate to be closer to or further away from family and friends. Again, relocation reasons vary, but all amount to the same situation: a seller puts their home on the market to move to another area.

4. “Our living situation has changed.”

Decades ago, two people met, fell in love, got married, bought a home and began a life together. Fast forward to today’s world and many single men and women buy a home before they meet the person they want to spend the rest of their life with. If and when they do meet their significant other, who may or may not also have their own home, the result is two people selling one or more homes to move in to the other or buying a new home together. Oppositely, in the case of divorce or separation, couples may sell off joint assets or divide them, forcing one or both parties to move to another home. Regardless of how a living situation changes, it can often result in a home sale and move.

5. “We want to cash in on our home equity.”

Finally, let’s not forget that a real estate transaction can be a lucrative move for a seller. Without a doubt, buying a home is an investment and it is one that some people want to realize as cash in their hands. So, when some people recognize that their home holds a lot of equity, they make the decision to sell it, take their profit and move to another home to possibly start the process all over again. Of course, every seller would like to make money on their home sale, but some people look at the home selling and buying process solely as a business transaction, where they intend to cash in.

Feeling motivated? Is that same voice in your head that asks, “Is there anything that could make me move?” now answering with one of these five common reasons? If so, contact an experienced real estate sales associate at Berkshire Hathaway HomeServices The Preferred Realty today.