070. Seniors Beware: Why Knowledge is Power, especially when selling your home

It’s common to transition to senior living or downsize your home when you age. If you already own a house, it’s your biggest asset - so it’s important to speak with a trusted, experienced real estate agent to advise you during your sale. That way it’s in good hands and you’re getting the highest net profit with the least inconvenience. Tricia Spurrier of The Spurrier Group, is back to discuss today’s “hair on fire” seller’s market and some important considerations before you begin the home sale process: -What the current market is like -How much your house is worth -If Zillow or Redfin value estimates can be trusted -The value of an experienced real estate agent And more. Today’s conversation will help you make an informed decision as you begin the selling process. Knowledge is power and helps you get the money you deserve, which in turn can benefit you for years to come. Takeaways from this episode: - If you’re thinking about moving, don’t wait: the market is great for sellers and is projected to stay hot through the rest of the year. -According to the National Association of Realtors, the average American has 43% more equity in their home than they are aware of. -Look at the competitive market analysis (comps) in your area for data on what your home may be worth. -Become educated to maximize your transaction and protect your home equity - and to avoid being taken advantage of. Resources mentioned in this episode: 002. Stop downsizing, start 'rightsizing'! With realtor Tricia Spurrier: https://www.loriwilliams-seniorservices.com/aging-in-style-podcast/episode/78b68278/002-stop-downsizing-start-rightsizing-with-realtor-tricia-spurrier Connect to Tricia Spurrier: thespurriergroup.kw.com [email protected] https://www.linkedin.com/in/triciaspurrier/ https://www.facebook.com/tricia.spurrier/about If you wish to suggest a topic, be a guest or want to support the podcast please email [email protected] or reach out online: https://www.facebook.com/LoriWilliamsSeniorServices/ https://www.instagram.com/theloriwilliams/ https://www.linkedin.com/in/theloriwilliams/ https://loriwilliams-seniorservices.com/aging-in-style-podcast/ Topics discussed: - Real estate - Selling your home - Downsizing - Selling house to investors - House contracts - Benefits of realtors - Assets / equity