New year, new child, new property

The presents are unwrapped, the extended family has departed, and the new year has just begun. Making all those plans and resolutions a success is the next step. Are you expecting a baby and want to downsize in the new year because your current home is simply no longer big enough for everyone? Besides the excitement, you'll also need to sell your old property and find a new one. We'd be happy to tell you how to avoid stressful situations along the way.

Selling a property under stress rarely leads to a satisfactory outcome. People often jump at the first available offer without having the property's value professionally assessed beforehand. Once the house or apartment is on the market, the real stress begins. You have countless appointments to attend, and the viewings, in particular, quickly become time-consuming, taking away time you actually need to look for something new yourself.

A larger property for the family – a case for your real estate agent

"We just can't manage it"—once the penny finally drops, it's advisable to find a local real estate agent . Someone who knows the market and will not only help you sell your old apartment for the best possible price, but also find a new, affordable home. They'll gladly get to work , assessing your current property and setting a fair price. Meanwhile, you can focus entirely on the excitement of your growing family.

Finding the right buyer – before you become one yourself

And just like that, your real estate agent gets started with the marketing. Where you would probably lose track of everything, he remains calm and professional. He gathers all the necessary documents, obtains any missing ones, takes new measurements, takes beautiful photos for the online listing and the brochure, and dives into managing viewings. He immediately weeds out casual visitors. And he can see exactly who is genuinely interested and has the necessary funds.

If the negotiations were successful

Once your real estate agent has found serious prospective buyers, they will begin price negotiations. They know exactly how to achieve the price they initially set. Many try to drive the price down for their own benefit – but not with a real estate agent you trust. And if things go really well, you'll not only be able to pay for your new property (which your agent also found for you), but also put a nice little extra towards new baby equipment.

Are you expecting a baby and need more space? And do you want to sell your old property? Contact us! We'd be happy to advise you.

Notes

For the sake of readability, this text uses the generic masculine form. Female and other gender identities are explicitly included where relevant to the statement.

Legal notice: This article does not constitute tax or legal advice for any specific case. Please consult a lawyer and/or tax advisor to clarify the facts of your individual situation.

Photo: © ilona75/Depositphotos.com