Buying a Home? Think About Selling It

When searching for a property it is easy for many buyers to focus solely on meeting their current needs without giving any consideration to the future when they will sell that property themselves. Remember that a house purchase is a large investment of money. Take a moment before you make your final purchase decision and look ahead to the day you may be selling that property. This is particularly true if you expect to only be in the home a short amount of time, but even if you anticipate holding onto the property for many years to come it can be beneficial to look at the house from a seller’s point of view. After all, life throws up many curve balls and job relocation or other unforeseen circumstances may arise which alter your long term plans.

Take a look at the neighborhood and marketable aspects of the home as if you were selling it. Many times a quirk or unique design feature that you like could make the house less attractive to a wide range of purchasers. This isn’t to say that the entire purchase decision should be predicated on a potential future sale, but some consideration should be given to that possibility. Obviously the most important immediate goal is finding a property in which you will be happy, safe, and enjoy without regrets during your ownership. Taking a look at the home from a seller’s viewpoint though may shed some light on the correct decision when deciding between properties and likely will reduce your chances of future regret when it comes time to sell down the road.

Stephen Woodall
REALTOR, GRI @ Long Realty Company

Stephen has made real estate his full-time career and passion since 2008, primarily specializing in the Foothills & the Northwest Tucson areas of Oro Valley and Marana. He is a multi-million dollar producer, representing both sellers & buyers. Stephen has tremendous experience in new home sales, listing & selling primary residences, listing & selling vacant land, listing & selling luxury homes, investment properties, rentals, and real estate development parcels.


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