Selling Your Home - Magazine - Page 12
Most Motivators for Moving Today Are Non-Financial
Top Reasons Potential Sellers Are Considering Selling
46%
Looking for a different community
36%
To make a profit
34%
Need more space
25%
Need to downsize
Potential buyers have shown a lot of interest for my home
21%
I need to move for family
21%
18%
Life event (e.g., marriage, kids, divorce, etc.)
15%
I need to move for work (e.g,, return-to-office, new job, etc.)
Source: Realtor.com
Do any of these reasons resonate for you, too?
• You Need More Space: Whether it’s welcoming a new baby or having your parents
move in so it’s easier to take care of them, outgrowing your space can happen fast.
• You Need Less Space: The kids are out of the house now and you’re craving a life
that’s a little simpler. Downsizing can mean fewer rooms to clean and less to maintain.
• You Want to Be Closer to Family: Whether it’s to help with grandchildren or care for
aging parents, sometimes the pull of being near loved ones outweighs the math.
• A Relationship in Your Life Has Changed: Divorce, separation, or moving in
together for the first time – all can create the need for a new place to call home.
• Your Job Is Taking You Somewhere New: If you finally landed your dream job or
your partner’s company is relocating, you may need to move too.
Since rates aren’t forecast to change much, delaying any longer could mean more time feeling
stuck in a space that no longer fits. According to Realtor.com, nearly 2 in 3 potential sellers
have already been thinking about moving for over a year. That’s already a long time. So,
maybe the question is: how much longer are you willing to press pause on your life?
Bottom Line
Mortgage rates are part of the equation, for sure. But you may still want or need to move, and
that’s okay. Let’s connect so you can see that’s still possible, even at today’s rates.
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