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The real estate market is one of the most finicky, weird things out there. You cannot imagine how much up and down the market sees day in and day out. There is usually a pretty steady 2-4 month period, sometimes longer depending on the market you're located in, where the market is the exact same and doesn't fluctuate. But for the most part, the fluctuation is always happening no matter where you live at. So when you're ready to say, "Alright, I guess it's that time for me to be ready to sell my house quickly in Tennessee," you need to know when you should sell!
So when should you sell your home? If you can make $50,000 right now by selling your home, should you take it or wait 2-6 months and see what the market brings then?
This is an extremely tough, difficult question to answer because you can have so many different responses to this one question. You could sell out, cash out now and make $50,000... But on the other hand, you could wait and potentially make $60,000 or $70,000.
So this is what you need to ask yourself. Is it worth it to wait to make $10,000 or $20,000 more? If you think you should risk it, go for it. Wait to sell and try to hold out for that extra $10,000 or $20,000, but with the way the market goes up and down, you could easily only make $30,000 or $40,000.
That's why Favor Home Solutions is a great tool for you all to go and use because they are experts on the real estate market in Kentucky. They will be able to tell you if you need to just sell it now because you are going to get so much more than you would've six months ago. Or they will be honest and tell you that you should sell it in six months because the market will go up from where it is. You definitely need to look them up and call!