Are you an empty nester facing one of the most crucial decisions? Are you ready to sell your existing home and downsize to a smaller space? Well, you’re not alone! The National Association of Realtors statistics show that 23% of American home sellers in 2021 were over 65.
If you fall into the age group, now is a good time for a move as the real estate market in the US is hot. But before diving in, you’ve got to be ready to make the most of the deal. Let’s share some helpful tips to maximize your selling price and find a perfect new haven without breaking the bank.
Here you go!
Declutter and refresh
When you’ve lived in a home for ages, it’s natural to accumulate loads of stuff. With the kids no longer around, you’ll find most things redundant. Selling to downsize is a good time to declutter your living space and refresh your belongings according to your current needs.
It is also a necessity because clutter can be a real turn-off to potential buyers. You’ll probably have some qualms about giving up on old stuff that reminds you of your kids and partner. But decluttering can actually be liberating if you do it with the right mindset.
Go room by room and make separate piles of things to retain, donate, or throw away. And empty nesters, be ruthless while eliminating because downsizing means you’ll have less space to accommodate everything in the new house.
Consider selling for cash
You’ve got the option to sell the traditional way by listing your property, waiting for buyers to come, hiring a realtor, and closing the deal. Imagine the timeline and stress of the extended waiting and negotiations. Why not take a shortcut? Trust me, empty nesters, selling for cash is a great idea.
The best part is that you can find reliable cash buyers everywhere. For example, you can check https://www.libertyhousebuyinggroup.com/we-buy-houses-west-palm-beach-fl/ to sell a house in this location. All you need to do is call them to check your place and offer a deal.
They have genuine offers for sellers, close the deal within weeks, and do not have surprise expenses. Not to mention, the process is a breeze, so you’re all set for the move sooner than you imagine!
Prepare for downsizing
A cash deal wraps up fast, so you should be ready for the next move, guys! You don’t want the buyer knocking on the door until you have a place to relocate to, right? Why not prepare ahead? You can at least see a few options so it’s easy to buy or rent a new home on time.
Downsizing can be daunting, but it makes sense for empty nesters. A small home costs less, so you may end up saving a hefty sum. Moreover, it is easy to manage and has less maintenance burden.
Think about the size of your next place and what furniture and belongings will fit in the space. Being prepared for downsizing as an empty nester will make the process much smoother and less stressful.
Selling and downsizing need not be as painful as you think. Follow these tips to make it a breeze and get a fresh start in a new home. All the best!