It is the right time to sell YOUR property when you are ready to part with your home. We have found that the emotional tie to your home can be strong. If you are not clear what your goal is for parting with your property it will difficult getting it sold. Market conditions and proper marketing can certainly make the sale move faster, but really it is about you, the homeowner.
Know Why You Want to Sell
Your motivation to sell is going to be the driving force behind selling your home. In many areas, it can be that you need to relocate for a job, be closer to family, or need a larger house. However, in the Smoky Mountain Property Market, most of our properties are second homes or investment properties. The need to sell these log cabins, chalets, or condos can be that you no longer use the property the way you had first intended. Many people think they will have more time to enjoy a second home and find that there just isn’t enough time. Investment property can also be costly if you are not getting a good return on investment. Your need to sell might be financially motivated. Also, we have found that people simply want a change in their log cabin. Perhaps, they want a larger cabin, different location. Knowing this motivation will help you be able to part with your property.
The Best Time to Sell Your Home
The Smoky Mountains economy is driven by tourism. However, property sales are not always reflective of this. Often people like to buy investment properties in an off season to give them a chance to redecorate and refurbish before the busier season. The main thing to remember is that a buyer cannot find your property if it is not listed on the market.
Is this Market Right for Selling My Property?
The Real Estate Market in Gatlinburg, Pigeon Forge, Sevierville, and Smoky Mountains is on its way back. The crash of a few years ago had a large impact on our area. Prices really dropped and it hurt many people. We have noticed an increase in home sales and prices in our area.
When you are thinking about selling we would happy to provide you with a current market report and a customized Comparative Market Analysis (CMA) for your property. The CMA would give you the best idea of what your property would sell for in the market today.