Don’t let Emotional Attachment Sabotage your Decision to Sell your Home

The good memories you have in your home will always stay with you, however you need to make sure they don’t hold you back when it is time to sell. Being emotionally attached to your home can ruin any potential sale offers. Allow logic to determine the selling price and not the value of the great memories you have made there.

Professional Pricing Points

This is why you should turn to a professional for pricing points. They can take the size of the home and the quality of it into consideration. They can evaluate the neighbourhood and the selling price of homes similar to yours in that area. This can help to determine an asking price that is logical for your home.

Memories

It is understood you have wonderful memories in your home. Your children grew up there and partook in various milestones. However, you may have a home that is far too large for you now that the children have left home or perhaps you can’t get up and down the stairs well, so a one level would be better. Maybe you are ready to move to a new area but the memories are holding you back. You don’t have to give up those memories when you sell the home. They will always be with you!

Really Consider Offers

Emotional attachments can cause a homeowner to decline reasonable offers. They may not be willing to let the home go for less than the asking price due to those memories. Keep in mind the potential buyer doesn’t share that same sentiment. They are looking for a home they can afford and that is why they are offering you less for it. Don’t take it personally and it doesn’t mean they don’t think your home is worth it. Higher interest rates on home loans can make them feel they have to offer less to be able to keep the payment in a reasonable area.