With your kids away and you moving into the phase of being an empty nester in Knoxville, life can present a host of new challenges. Trying to downsize into a smaller home while selling your own, can be a challenging situation. All of sudden, you find yourself with more time and space. With that said, what do you do as an empty nester buying a home in Knoxville?
Working with a top-notch realtor in Tennessee can help you move through the logistics of selling your home and buying a new one that’s more conducive to your current lifestyle. The right realtor can help you organize things while also finding you great prospective buyers and new listings. Ultimately, you just want to ensure that you’re working with the right team.
To help you with downsizing, Tracy King and his real estate team put together a guide for empty nesters called “The Empty Nester; How To Sell A Place You Call Home.” In this guide, you’ll learn all about the best realtor tips for downsizing the simple way.
Here are 3 of the best things you can do to make buying and selling a new home as seamless as possible.
1. Know Why You’re Selling but Don’t Tell Anyone
Everyone has a different reason for selling. But your reasons will change your priorities. Depending on your goals, you may place importance on different things.
- You need to make a certain amount of money
- Moving deadlines create a tight deadline
- Selling your house depends on finding your new home
- You need to find a buyer who can meet certain requirements
If potential buyers know why you need to sell, they can guess at your priorities. This can give them an upper hand in negotiations. If they know you’re on a deadline, they might take advantage of that. Or, if they know you need a certain price, they may offer that and no more.
To make sure you get the best deal, keep your reasons for selling vague. There’s no need to give away unnecessary leverage to buyers who are also trying to save time and money.
2. Get the Most Out of Selling Your Home as an Empty Nester in Knoxville
Whenever you are selling a home in Knoxville, it is essential that your home’s appearance makes a great first impression. This will ensure that you maximize your home’s sales potential. While you can’t change the location of your home or the floor plan (not easily, anyway), you can do quite a bit to improve its overall appearance.
When home buyers come to view your home, it is critical to generate an emotional response through its look and feel. Prior to a showing, you will need to clean, straighten, scour, dust, and repair each and every part of your home. Even something that seems insignificant needs to be taken care of because you never know what may influence a home buyer’s decision to buy or not.
As they walk through a home, you want to elicit the ‘wow’ response from home buyers while they imagine their family living in your home. Remember, the decision to buy a home is based on emotion, not logic. That first impression will influence their decision.
3. Stay in the House Until it Sells
Realtors have discovered that it is much more difficult to sell a vacant home than one that still has signs of life. When a home looks forlorn, forgotten, and abandoned, it is just not appealing.
This means that you should remain in your home until it finally sells. If you move before the home is sold, it could cost you thousands of dollars, time, and frustration. It may also tell home buyers that you are highly motivated to sell, and they could use this to their advantage during negotiations. They may think that you are willing to accept a lowball offer.
An Empty Nester in Knoxville Will Love Working With Tracy King
At Your Home Sold Guaranteed Realty – Kings of Real Estate Team in Knoxville, our realtors guarantee that you will love your new home. If you bought a home with our team and are not satisfied with it for some reason, Tracy King will buy it back!
Our team has vast experience working with empty nesters buying a home in Knoxville, and we guarantee that we will help you sell a home that you have outgrown and find a new home that you love. We guide you through the entire process!
If you are an empty nester ready to move on and downsize, call Tracy King today at 865-830-3908 or fill out the form below without the requested information to find out how to get started.