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Moving first, selling second

Created date

July 27th, 2010

It may seem counterintuitive, but moving before you sell your house could be your best option.

Here are the reasons why:

Convenience.It s terribly inconvenient to live in your home while it s on the market. Not only do you need to keep the house clean at all times beds made, countertops cleared but real estate agents will typically set showings and give you as little as a half hour s notice. Sellers should always leave the house during this time period, which is usually two to three hours, because buyers will not spend as much time in the home if sellers are present. The more time buyers spend in the house, the better. Economics.It will be more costly to have the house painted and the carpets removed or cleaned while you re still living there. Contractors charge extra for moving and protecting furniture. It would be much less expensive to have this type of work completed once the house is vacated. Marketability.A cluttered house doesn t show well because all your belongings will make rooms appear smaller, a deterrent to buyers. They ll remember what was in the house but not the house itself. By vacating the property, these distractions are eliminated, and buyers as well as photos can focus on the features of your home. This will make your house much more appealing, and it will be easier for buyers to envision their family, furniture, and belongings in the house. Also, once the house is vacated and professionally cleaned, most evidence of your pets which can be a turnoff to buyers will be removed. Your personal moving consultant can help you weigh the pros and cons of the timing of your move, but in most situations, it will make sense to move first and arrange to sell the house afterward. Be sure to check with your retirement counselor to find out what creative financing options might be available to move forward!