The real estate market is known for having rapid fluctuations, making it difficult to know when to sell your home. However, a strong market isn’t the only thing to look for. According to the real estate professionals at Nova Property Management in Anchorage, AK, a few other factors play into getting the best return on your sale and can impact when you should list your home. Read on as they offer some insight on how to maximize your deal.

3 Factors That Will Help You Decide When to Sell Your Home

1. Find Out When Buyers Are on the Hunt

Without a large buyer pool, you aren’t likely to get the price you want. Aside from checking in on the domestic real estate market, see how the market in your area is doing. If you need assistance assessing the market, a real estate professional can provide insight into who is buying and for what price. This will help you create the optimal price tag to fit current buyer demands.

2. Make Sure Bills Are Paid & Projects Are Finished

You can theoretically sell your home at any time, but if you have high, outstanding mortgage loans, you’re not guaranteed to get a positive return. Check your finances and home equity before considering a sale. If the asking price covers the rest of your mortgage at best, you’re still coming out clear. You’ll also want to finalize any home improvement projects. If they are left unfinished, they’ll lower the value of the home. Once they are finished, they’ll likely increase it.

3. Follow Seasonal Trends

Studies have shown that there are two ideal periods throughout the year to sell your home. Zillow® conducted a study, and the results were that the most success selling a home happened in early March, and then later again between September and October. This can vary slightly depending on where you live, so consult with a real estate professional to determine if these seasonal trends apply to you and your community.

If you’re looking for expert guidance on when to sell your home, contact professionals at Nova Property Management. They can provide market insight for selling, and they also offer advice on when to buy a home if you’re ready to move. Call (907) 522-1332 to speak to a member of their friendly staff, and visit their website to learn more.