Selling Your Home? Watch Out For These Stressors

There are a lot of moving parts when it comes to selling your home—and for many sellers, those moving parts can cause a good amount of stress.

But what are the most stressful parts of the home selling process? According to a recent survey from LendingTree, some of the top stressors for home sellers include:

  • Buying and selling a home at the same time. 29 percent of home sellers surveyed named trying to buy a new home at the same time as trying to sell their current home as the biggest stressor in the home selling process.
  • Making costly repairs or upgrades. Depending on the condition of your home, you may need to shell out some cash on repairs or upgrades before you list—a process that 16 percent of buyers said was the most stressful part of the home selling process.
  • Fearing the home won’t sell. Even though a lack of inventory is making the market more favorable for sellers, 15 percent of sellers surveyed said that the fear their home won’t sell was the most stressful part of the home selling process.
  • Balancing advice from multiple sources. Your friends, family, and neighbors might mean well when they share advice on what you should and shouldn’t do during the home selling process—but 13 percent of those surveyed said fielding advice from multiple sources was the most stressful part of selling their home.

The Takeaway:

So, what does this mean for you? If you’re stressed out about selling your house, you’re not alone. In fact, it’s normal. But, the more you know about the potential stressors of the home selling process, the better prepared you can be to deal with those stressors—and the less stressful your home sale will be as a result.