5 Signs You Shouldn’t Sell Your House in Athens

So you’re thinking about selling your house. But is the time right? Are all the other pieces in place? Sometimes it’s hard to know if this is the right time to sell, and, on top of that, it’s a huge financial step and big life change. So you need to know the signs that tell you whether now is or isn’t the right time to sell your home. Don’t make a big mistake. Read on to discover the 5 signs you shouldn’t sell your house in Athens – and when you should sell despite these signs.

1. Market Conditions Aren’t Right

One sign that you shouldn’t sell your house in Athens – one you should never ignore – is that the local market conditions aren’t right. If, for example, it’s currently a buyer’s market, then you probably shouldn’t sell.

In a buyer’s market, you will be at a disadvantage as a seller, having much less negotiating leverage and little chance of getting a good price. Really, it doesn’t make sense to sell when you have less chance of getting the price you need and deserve. 

One way to gauge the market is to look into the number of houses for sale in your neighborhood and immediate area. If there is an abundance of houses for sale, that is, plenty of inventory, then it’s likely a buyer’s market and you shouldn’t sell. Even better is to consult a [market-city] agent at 706-426-1082 to find out exactly what the local market is doing.

2. Your Emotional Attachment is Too Strong

If you still have strong emotional ties to your house, that’s another sign you probably shouldn’t sell your house. It is, after all, the place where you’ve lived for many years and made memories and probably raised a family. And if you can’t set that aside and make it a purely business deal, then you probably shouldn’t sell.

The reason is that when your emotional attachment is too strong, you won’t be in a good negotiating position. The most common mistake here is that emotionally attached seller overvalue their home and so decrease chances of making a sale. It’s better to wait till you can set aside your emotions and look at actual market value rather than sentimental value.

3. You’ll Need to Make Too Many Improvements

And if you need to make a lot of improvements, repairs, and upgrades before listing, you shouldn’t sell your house. In this case, you’ll likely spend far more money on these projects than you can recoup at sale time. The better course here is to make improvements slowly, over time, so that you don’t have to jack up the sale price beyond what the market will bear/

4. Your Finances Are Shaky 

If your finances are shaky, as is the case with many of us after COVID, you most likely shouldn’t sell your house. You may be setting yourself up for financial problems if you sell and can’t get financing or can’t make mortgage payments for another home.

It may be wiser to hold off and stay in your current home until your finances and job prospects improve.  You probably have enough financial stress as it is, and there’s no need to add to it.

5. You Worried About Finding the Right Next Home

A further sign you shouldn’t sell your house in Athens is when you’re overly worried (and maybe justifiably so0 about finding the right home to move into after you sell your current one. Right now inventory is low, so this is a real concern for many sellers. It would be better, then, to hold off on selling while you do more research.

And a Reason Why You Should Sell Your House When You Shouldn’t

But having shown you why you shouldn’t sell your house, you still should sell under certain conditions. And the main one is when you can find an agent who is also an investor, a hybrid agent. The main advantages of going ahead and selling, in this case, are that you can usually sell your house as-is, you have a quicker and easier closing, and you’ll often get a cash offer – all good reasons to sell. So when you want to go ahead and sell your house in Athens, be sure to contact us at 706-426-1082.

Georgui Kassaev

Georgui Kassaev was invited to this country in 1996 during the Atlanta Olympic games. The first place he came to call his home after leaving Russia and performing all over Mexico, was Athens. He became a professional mixed martial arts fighter, then coach, and eventually obtained two black belts in taekwondo and Brazilian jiu-jitsu. He formed a specialty carpentry and construction business which sparked his passion for real estate. He then rediscovered his first passion performing. After all, he has performed in the circus since he was eleven years old in front of thousands of people and then again when he was an adult as a professional fighter. In 2018 he landed his first 3 television roles. While acting, he continued developing his real estate skills, becoming a value-add investor in the Classic City and then getting his real estate license. He has now become a listing specialist in the Greater Athens Area, working with homeowners to protect their interests and get them the right price for their property! However, he never abandoned his construction roots and works with investor clients to help them buy properties based on their numbers with no aversion to making multiple offers. Georgui is fluent in three languages Russian, Spanish, and English. He is proficient in video production and social media marketing.

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