Buying and selling homes is stressful, but selling is considered more stressful. Selling a home often requires many months of hard work. However, this inconvenience will pay dividends and you will soon be able to move on to the next chapter of your life. In short, selling and buying a home is stressful, but selling takes the crown.
Reduce the stress of selling with a cash offer Avoid the repairs, staging, displays and the many hassles of selling the traditional way. When you request a cash offer from HomeLight's Simple Sale platform, you can close in as little as 10 days. Request Offer However, one of the biggest stressors in selling a home starts with how to find a qualified real estate agent. Recent statistics show that there are more than 3 million active real estate licensees across the country.
The COVID-19 pandemic and, recently, the omicron variant may be adding additional stress to your home sales process. Talk to your agent about your health and safety concerns so they can help you and share with you all of the available options. One of the reasons the timing and financing of a home sale can be stressful is that many homesellers (64%) are buying another home at the same time. In fact, 51% of home sellers found it stressful to schedule the sale of their current home with the purchase of a new one.
Of course, you can ignore these things and sell “as is”, but you will get a lot less money for your house. For those looking for a more predictable home sale, home sellers in 20 different markets can skip the work of preparing their home for sale and instead selling directly to Zillow through Zillow offers. Meanwhile, 53% of sellers worry about not being able to sell their home for the price they want, and 52% were stressed about falling supply. At the top of the list, according to Zillow, is not knowing if the house will sell when homeowners want it, which 56 percent of respondents rated as stressful.
The process of selling a home can be difficult: 95% of home sellers said they find some aspect of selling a home stressful. Robinson finds that customers are equally stressed about the possibility of their home selling too quickly in this low-inventory market. Other concerns for home sellers include lack of control over the sales process and schedule (cited by 46 percent of sellers), not knowing if buyers were seriously interested (44 percent), keeping the house clean and ready for visits and open days (43 percent), negotiating with buyers (40 percent), and leave the house for open days and tours (39 percent). Even in a housing market where sellers have the upper hand and buyers must compete for limited properties, homeowners find the process of selling their home stressful.
By selling directly to Zillow, sellers can feel secure with their cash offer and can set a closing date that fits their schedules. You might think that most of that stress of selling revolves around juggling family and life while keeping the house ready for last-minute screenings, but sellers said the two main causes of stress revolve around time and money, things they can't control. In a recent Zillow survey, a list of common concerns included things like selling the home within the desired time frame, selling for the sale price, scheduling the sale with the purchase of a new home, and negotiating with buyers. The uncertainty about whether a home will sell for the price desired by homeowners was cited by 53 percent of respondents.
With or without a pandemic, vendors can prepare for screenings and open days by creating an action plan. Another 16% of sellers report that costly repairs and improvements are the most stressful part of selling a home, and 15% worry more about not selling their home. .