Decide to Sell

Why? When? How? Great questions! Here are some helpful answers.

Why Sell?

The first question to ask yourself is why you want to sell your property. There are many factors to consider such as:

• Do you need more space or less space for your family or lifestyle?
• Do you want to relocate for personal or professional reasons?
• Do you want to cash out on your equity and use it for other purposes or investments?
• Do you want to take advantage of the market conditions and sell at a high price?

Whatever your reason is, you need to make sure that it is clear and valid, and that it outweighs the costs and challenges of selling.

When to Sell?

The second question to ask yourself is when you want to sell your property. There are many factors that affect the timing of selling real estate, such as:

• The season and the weather. Some seasons are more favorable for selling than others, depending on the location and the type of property. For example, there are weather differences between Guam’s sunny season (January to May) and rainy season (July to November). Also, for the military market, a larger portion of Permanent Change of Station (PCS) moves coming to Guam happen in the summer.
• The market and the economy. Some market conditions are more favorable for selling than others, depending on the supply and demand of properties, the interest rates, the inflation, the unemployment, and other indicators. For example, a seller’s market is usually better for selling than a buyer’s market, as there are more buyers than sellers and prices are higher.
• The personal and financial situation. Some personal and financial situations are more favorable for selling than others, depending on the income, expenses, debts, savings, taxes, and other factors. For example, a stable and positive situation is usually better for selling than an unstable and negative one, as there is less risk and stress involved.

Whatever your timing is, you need to make sure that it is realistic and optimal, and that it aligns with your goals and needs.

How to Sell Real Estate

The third question you need to ask yourself is how you want to sell your property.

Selling with Serenity Realty Guam means you are hiring professionals who will help you with all the aspects of the selling process, such as pricing, marketing, negotiating, and closing. This can save you time, effort, and a lot of headaches. See the next tab for more details!

These are some of the tips on why, when, and how to sell real estate. Selling real estate can be a rewarding and profitable experience if you do it right. If you need more advice or assistance with selling your property, contact us today and “Let Serenity Guide You Home.”