There can be various reasons to sell your house – whether you want to move across the country to be closer to family, want to downsize, or want to move to a bigger home, knowing the right time to sell your house, and purchase a new home, is important. So, should you sell your house right now? The answer isn’t as cut and dry as you think it is. Here are some things to consider when deciding if it’s time to sell your home.

• Housing market conditions: You need to understand if the market is right for selling your house. Having a real estate agent will be very helpful in deciphering the market. Right now mortgage rates are higher than they have been, and home prices are increasing, but there isn’t a lot of inventory at the moment. This means that someone looking for a home doesn’t have many options in what homes are available to purchase.

• The condition of your house: The condition of your house is a vital aspect in the decision to sell. If your house is needing repairs or renovations it’s wise to make sure you are able to complete the upgrades and repairs needed before putting it on the market. If you have flexibility on when you’re moving this will be an easy task. However, if you have a tight timeline it may be difficult to complete projects before you sell meaning you might not get what you want price-wise when you sell.

• Future plans: If you are planning on purchasing a new home once yours sells, you might want to consider waiting until the market improves and is more of a buyer's market. If you’re relocating for work, or have a less flexible timeline for your move, selling now is probably the best option.

• Timing: What is your timeline like for selling your house? The spring and summer months tend to be the best time to sell. Not a lot of people want to move in the winter months, so selling during the winter can mean your home is on the market longer and you might not get as much money for your home. You also want to consider your timeline for moving. Once your house sells, are you ready to move into a new home?

Whether you’re selling your house now or in the future, it’s a major decision that requires careful consideration. When you do decide to sell your home you need to make sure you’re working with an experienced REALTOR® so you have someone there to help you navigate not only the marketing of your home, the paperwork, and the listing, but also to help you navigate the ever-changing housing market. While the housing market has been on a rollercoaster the last year, limited inventory means buyers are more likely to purchase quickly since there aren’t as many options available on the market.

When you are ready to sell, you will have a lot of things to check off to make sure your home is ready to go on the market. Adding curb appeal, decluttering, staging the interior, and making any repairs are just a few of the things you need to do before selling your home. One of the most important steps in getting your home ready to sell is finding a good agent to work with. A good real estate agent will help you navigate through the selling process, and offer advice considering the current market conditions. Berkshire Hathaway HomeServices PenFed Realty has a team of experienced, friendly, and knowledgeable agents ready to help you sell your home. Contact us today if you are ready to sell your home and need a real estate agent that is going to work for you to sell your home quickly