Top Reasons to Sell your Home Now. Selling during a crisis

Why you may want to Sell your Home during an Economic Downturn?

if you are into one of these 10 situations you may want to put your home in the market soon…

Selling a home during a potential declining market is a challenging decision, but it is sometimes the best bet.

You may not necessarily loose money but gain less instead,

You may have bought for three hundred thousand dollars ($300,000) and it was worth prior to the downturn five hundred thousand dollars ($500,000), you may not get that full amount, but you will be making a profit anyway.

Renting the property instead is an option, but not everyone wants or have the financial reserves to be a Landlord, mostly needed in economic downturns; when a tenant may lose their job and the owner would still have to cover the carry-on expenses.

These are ten of the most common reasons why you may want to consider selling your home now:

A job transfers
A financial hardship and you need to reduce expenses
You have already purchased another home and need to sell this one
A divorce
You were due for a big change in your life and find that this the perfect timing
You want to reinvest your money in something else that will be more productive
A sickness or a death in the family
You need a smaller home
You need a larger home, which could be a very interesting financial move, for example let’s say the potential price decline in the market is 10%, if you sell a five hundred thousand dollars home ($500,000) home at a “loss” of $50,000 but and want to buy one worth one million dollars $1,000,000 … you will be saving one hundred thousand dollars ($100,000)
You are in a “I want to cut my loses” kind of situation… you are already losing money and don’t want to wait any longer

In all of these situations, by selling the property, you will end saving money and it will allow you to move on. If they do not apply to you …. plan to list it when the situation passes.

Selling at the beginning of the decline before prices may drop further may be a smart decision.

Do you see yourself in any of these situations? Take a deep look at the market, prepare your home to sell and set a realistic potential sales price (as I recommend in prior videos).

And please don’t get offended when you receive a low-ball offer, you will most likely get some … always counteroffer since you never know the buyer’s motivation. I have received more calls in my active listings than ever before.

If you have any questions about how to sell your home for top dollars in any market let’s chat!

Ines Garcia PA

Miami-INES GARCIA

HER PROMISE

Working with Inés is not only about her experience, is not only about how much she cares… it is also about passion to keep learning every day in an ever-changing industry; all this along with communication which is key and the cornerstone of every relationship.

A long time South Florida resident with a deep knowledge of the different lifestyles you can enjoy in Miami-The Capital of the Americas.

Positive Impact:
Her goal is to positively impact the people around her transforming the experience when buying and selling real estate in a relationship based on education and enjoyment.

Trust:
What you see is what you get… transparent relationships and a lot of communication.

Congruence:
She follows her heart and her customer’s needs and interests lead the relationship.

The REAL Customer Experience:
She applies her knowledge and experience to simplify the complexities of the real estate process for you.

HER STORY

Born and raised in Venezuela, Ines moved to Miami in the year 2000. She owned a Real Estate Office in Venezuela for the largest network there, for 5 years prior to her moving to the USA.

Having lived in Broward and Dade, and selling in several areas, provides her broad perspective of the South Florida Real Estate Market. Currently a Downtown Coral Gables resident who enjoys everything about the city… especially the ability to walk to restaurants, the super market and around the Granada Golf Course.

Ines has an architecture degree from the Universidad del Zulia in Venezuela and holds an MBA from the University of Miami. Her background provides a strong foundation to share insights that help her customers make informed Real Estate decisions.

Currently a Real estate Advisor with KW Legacy. During her Real Estate career, Ines has worked both in sales and management, being the managing broker for several years with one of the largest companies in South Florida.

Previously participated in the Miami Association of Realtors as a member of the Grievance Committee, and prior to that, served on the Professional Standards Committee at the Fort Lauderdale Association of Realtors.

Ines actively participates in “Fundación Mayacuchas”, that helps organizations in Venezuela providing food and medicines along with used clothing that is distributed among the people who need it most.

Top Reasons to Sell Your Home Now

Ines Garcia PA

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