For many Alabama couples, the end of a marriage means that their family home will need to be sold. Selling a home allows both parties to share in the accumulated equity, which can help both spouses achieve financial stability after a divorce. Even so, placing one's home on the market can be an incredibly emotional time. Fortunately, working with a real estate professional can make the process far easier to manage.
One of the best ways to leverage the expertise of a real estate agent is to sit down and determine the best timing for selling a home. Real estate markets fluctuate depending on the time of year and overall market conditions. In many cases, placing the home on the market during the peak selling period can lead to a better outcome. It is important that both spouses are willing to work together to maximize their eventual profit from the sale of their home.
It is also important to allow the real estate agent to do his or her job. This means avoiding burdening the agent with the emotional side of one's divorce. The agent is focused on handling the marketing, negotiations, paperwork and ultimate sale of the home. He or she is not a trained counselor, and should never be relied upon to provide advice or comfort during the course of a divorce.
By following these simple tips, Alabama spouses can help smooth the sale of their marital home. At the end of the day, the shared goal is to cash out the equity of the home and allow both parties to move forward with a degree of financial stability. Leveraging the skills and expertise of a real estate professional can be critical in achieving that divorce goal.
Source: inman.com, "Agent To Agent: Tread Carefully When Dealing With 'Divorce Homes'", Nov. 15, 2016