Summer’s here the smell of BBQ is in the air, pool parties are an everyday event and the Orlando housing market is hot for sellers. For the first time in years, Orlando Realtors are watching homes go under contract in almost a blink of an eye as soon as they hit the market. In certain parts of Orlando, it’s pretty common to see some homes receive multiple offers above the asking price.
For homeowners wanting to sell their Orlando home fast for top dollar, this is great news. Summertime has historically been very busy for buying and selling real estate. This is especially true for families with children as parents can switch schools during summer break and not miss a beat.
However, some homeowners are faced with the dilemma of wanting to sell and move to a bigger house or a better neighborhood but have yet to find another house to move into. Or perhaps they’re worried that once they sell, they’ll have trouble getting the house of their dreams or losing it to another buyer.
These are all valid points. Moving can be a scary thing for most people, especially if the homeowners have lived in their current home for more than ten years. There are soo many memories and emotional attachments to a home that it can be painful for some people to let go.
Selling your Orlando home may seem problematic if you still haven’t found another home to move into, but there are ways to proceed as long as you make sure to cover your bases.
Implementing A Seller Contingency
Most people are familiar with a clause where homebuyers can make an offer to buy a house which is contingent upon them selling the home that they live in. Sellers can also include in a purchase contract that they will sell their home to a buyer contingent upon them finding their own home to buy within a certain amount of time. I want to sell your home but are a little worried about finding another home to buy, you should consider including a seller contingency in the purchase agreement.
Consider Renting
By moving into a rental property for while, you can relieve a lot of pressure that comes with having to buy another home before selling yours. Renting will allow you to take your time in finding the perfect home for you and your family without feeling pressured to buy something right away.
Another benefit of renting is that you’ll have the opportunity to study the Orlando real estate market so that when the market settles a bit you’ll be ready to submit your offer and have a better chance of getting it accepted. This way you’ll be better able to avoid competing in multiple offer situations and bidding wars that we’re currently seeing in some parts of Orlando.
If you would like to sell your home in Orlando so that you can move to another property and aren’t sure how to do it, give us a call at 407-902-7750 or visit https://orlandorealtyconsultants.com/ to speak to one of our Orlando real estate professionals so that together we can find a solution to your real estate needs. We’re here to help, it’s up to you to take the next step.
