Why Might Someone be Selling Their Home?
There are many different reasons for someone to be selling their home. A lot can depend on the amount of people living at home. If someone is starting a family, they might want to sell their starter home and get something with more space. However, some might want to downsize because they are now empty nesters.
A career change is a common reason to list your house. If you are having to move away for your job you might want to sell and get something closer. It might even be easier to rent for the time being until you have a permit job.
Health changes can make someone sell. If you are not well, you might want to sell your property to find something smaller and easier for you to take care of. Maybe someone has a two-story and can’t do the stairs anymore. They may want to sell and find a single-story.
Retirement might be a factor when listing a property. When you retire you may want to downsize your property or move to a different location!
Location is very important when buying and selling a property. A seller might be listing because they want to move to a different location that suits them better.
A homeowner may want to sell their home to purchase a home with more space. If you are extending your family, your 1-bedroom house may not do the trick. On the other hand, they may want to downsize. If you are finding your home to big, maybe there are no long as many people living in it. You may want to find something that is smaller!
Upgrading your home is very common. Perhaps when you purchased your home, you bought something a little smaller and maybe not quite what you wanted, but it was what you could afford. Now that you have saved up the money you are able to upgrade to that house you originally wanted.
Has someone in your family moved away? This could also be a reason to why someone might want to sell their home. They may want to move closer to family or friends.