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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing it right.

If you sell when home prices are plummeting, you may end up losing on the deal. If you sell when home prices are highest, there may not be a lot of buyers looking to move. So how do you know when it’s a good time to sell?

A qualified agent can help you determine if the market puts you in a good place or not. But for your own personal situation, here are the signs telling you that now is the time to sell your home.

You’ve Outgrown Your Home

Whether you are expecting another child, caring for an aging parent, or have taken in your adult children, when you’ve outgrown your home, it may be time to sell your home. Consider the permanency of the change. Will the kids be there for a long time? How long will you be able to care for your aging parent? Buying a bigger home is one of the main reasons why homeowners choose to sell.

You Need to Make a Change

Change is inevitable. Maybe you’re tired of shoveling snow and you want to live in a warmer climate. Maybe you have to move so you can go after your dream job or you want to be closer to family. When change entails moving, then a home sale becomes necessary.

Home Prices are on the Rise

This is one of the riskiest reasons to sell your home. Sure you may get more than you ever dreamed for your home when prices are on the rise, but that also means that you will pay more for another home. Perhaps your agent can help you find a steal in a new location where prices are more level. Then you will have made a huge profit and a smart move.

You Need to Downsize

Many homeowners are selling in order to downsize. The baby boomer generation is moving into their golden years. The kids are all out of the house and you just don’t need all that space anymore. Selling now could add a nice healthy sum to your nest egg as well. As long as you are smart about how much of that profit to spend on a new place, downsizing could be just the right move for you financially.

You Can No Longer Afford Your Home

Sadly, there are homeowners who just can no longer afford their home. Whether it is due to divorce, illness, a death, a skyrocketing mortgage payment, or the loss of a job, change in your financial circumstances is a big red flashing sign that now is the time to sell your home. Waiting any longer could have catastrophic financial consequences.

In any situation you find yourself in, an experienced agent is the key to helping you achieve your goals. Learn more about how to determine if now is the time to sell your home by speaking with agent now.

Success Stories

"On December 3, 2021 Hughes Real Estate and Auction Service sold our farm in Torning Township for $10,100 per acre (plus Buyer’s Premium), a near record for Swift County. During the entire process of listing the farm Jesse explained the options and processes in clear and understandable terms. The farm was advertised extensively over a wide area via different media. He had an extensive knowledge of the property, especially productivity and drainage – that was helpful. If you are thinking of selling your property, I recommend Hughes Real Estate and Auction Service without reservation."Jerry Pahl
"We cannot say enough good things about Jesse. He helped us sell our farm land through an online auction process, and went above and beyond answering questions. He explained things in a way we could understand and kept us informed at every step in the process. Without hesitation we would recommend him to anyone!"The Steinke Family
"Hi Sherry, we are very happy to inform you that we both have really enjoyed working with you and your company in the past two years. We are hoping to work with you again in the near future. Thank you so much for all your help and really appreciate everything that you have done from starting to end of this transaction. Please be safe in these tougher times. May God bless you! BTW, Please feel free to reach us if you come across any opportunities/properties."E. Arige
"Hughes Real Estate went above and beyond in helping us get our aunt's property prepped and ready for sale. This included a house in town and farm land. They provided invaluable local expertise and were very professional and friendly. My family would recommend Hughes Real Estate with no reservations."Family of Millie H.
"Our family sold a fairly large parcel of farmland in Stevens County, Minnesota. It was a complicated property with different land characteristics and an existing CRP contract. We were very pleased with Jesse's representation. He had a lot of expertise and guided us through the different dynamics and options for selling the property. We highly recommend him. "Jim J. and Karen H.
"Thank you for all you have done helping us sell our home, Sonia. It was a pleasure working with you! Best of luck in your future, you are an excellent realtor!"Mervin and Carole S.
"Sonia, Thank you so much for all you have done for us while we searched for the perfect home, with you we found it! We will refer you to everyone we know that is looking for a new home!"Jon and Missy R.
"Sonia, Thank you so much for the amazing job you did helping us find a home. You were very patient and listened to what we were looking for !"Mark and Karla H
"I was very satisfied with Sherry’s performance as my Realtor, everything was great on her behalf. Thanks again, Sherry! "Bob M.
"Jesse was our real estate agent when we decided to sell our home. He came to our first appointment well prepared with area statistics on houses for sale, houses similar to ours and helped us easily come up with a selling price. Jesse was able to answer all our questions with accurate information. He listed our house on a Thursday morning and had the first showing two days later. This showing resulted in the sale of our home. Jesse made the whole purchase and closing process very easy for us by directing us through each step in a very timely manner. Jesse is part of a national real estate system (Multiple Listing Service or MLS) that allows his sales to go out on the internet and other real estate agents can set up showing of the property. It is like paying one real estate agent but getting the benefit of many others. Shawn and I highly recommend Jesse."Shawn and Holly Rodahl Benson, MN