Selling your family home and moving on to the next stage of your life is a decision that obviously has major implications, ones that will probably be felt for many years to come.
It also comes with a certain amount of stress, part of which can be alleviated by hiring and working with a professional REALTOR who knows his or her way around the neighborhood and the local markets.
But while the nuts and bolts and financial matters can all be handled with help, what many home owners fail to anticipate is the emotional toll selling your home will have on your and your family.
The longer you’ve lived in the home, and the more memories you’ve created, the harder it’s going to be to let go of it.
So we thought we’d tackle a few ways that you can sell your home without allowing emotional hinderances to get in the way. Easier said than done, we know. But with a little help, a decent amount of planning and some forward thinking, it can be done.
Let’s take a look at a few ways how…
Make Sure You’re Definitely Ready to Sell. If you’re feeling a bit emotional about selling your home, sit down and discuss the situation with your family and make sure that this is indeed something you want to do. If nothing else, a group discussion can help everyone air their feelings, and you can talk through the process as a family. But if you’re selling the home for a major life event like a new job, a better school or to be closer to family, then the objective here is really to calm everyone’s fears and ensure that you’re all on the same page.
Price Your House Correctly. If you’re feeling a bit emotional and not completely sure that you want to move, it can be human nature to overprice your home. You probably have overinflated ideas of what the home is worth due to how much you love it, but that isn’t to say that potential buyers are going to feel the same way. To avoid this scenario, check out your home value online and be sure to talk to a REALTOR who’s familiar with pricing in the area. Many times if a home isn’t selling, it’s because it wasn’t priced correctly.
Prepare Yourself For the Sale. Once your home is on the market, you need to take steps to emotionally prepare yourself for the eventual sale. It’s natural to feel an emotional attachment to your home, but remember that you’re going to be receiving feedback from potential buyers who are touring your home and property. Just try to remember that this is a business transaction and you shouldn’t take the feedback personally. Prepare for this ahead of time so you’re not too emotionally impacted by comments that might not be 100 percent positive.
Lean on Those Closest to You. Let your family and friends support you through this process, particularly if the emotions are becoming a bit too overwhelming. Give someone a ring, grab a drink or just temporarily remove yourself from the situation. Even if it’s nothing more than a sympathetic ear and a shoulder to cry on, lean on the people important to you to get through what is obviously an emotional time.
Think of Your Home as a Product. We know that your home is filled with memories that you’ve created over the years, and that’s why it’s hard to let go of. If you can, think of the home as simply a way to make a little money and remember that it’s not perfect. Put yourself in the buyer’s shoes and try to see it through their eyes, complete with all of your home’s imperfections. And if there are any simple improvements you can make that might increase the home’s value or make it more appealing to others, keep yourself busy tending to those.
Focus on What’s Coming. The one constant in life is change, so try to stay focused on the future during the selling process. Begin thinking about that new job, or that new neighborhood or the new school your children will be attending. Do everything you can to think positively about what lies ahead. You’re more than likely going to miss your old home, but it’s time to move on to bigger and better things and create a whole new set of memories. Chances are that you’ll soon grow attached to your new home, as much as you were to your old one.
For even more ideas for selling your home, give us a ring today at 302-260-2000 and talk to one of the coastal region’s top real estate agents here at the Oldfather Group.
We’d love to hear from you!