The Art of Timing When Buying & Selling a Home

Wondering when to sell? Hoping to make the most profit possible? Afraid you'll be stuck with two houses if your first doesn't sell? Let's talk about the art of timing, and how your timing will make or break your success.

When it comes to getting the absolute best value for your home, timing is everything. You need to consider several factors when determining the best timing to sell, including: your needs, market demand, seasonal factors and competition levels.

Your Needs

Your own needs play a very strong factor in what your home sells for. When you need to sell, you leave yourself little room for negotiation, and are prone to taking a lower offer—because you're desperate and therefore have to. People who need to sell, often due to relocation or divorce, are more likely to "compromise" and cut into profit margins to make it work.