Seller FAQs
When selling your Summit County home many questions may arise.
These frequently asked questions should help to answer some of them for you.
- Can I do a 1031 Exchange? If your Summit County home has been a rental property or vacation home you may be able to do a 1031 exchange. There are many requirements you must meet and you must be planning to purchase more property with the same or higher value as the one you are selling. Get more information about a 1031 Exchange.
- When should I put my home on the market? If youe situation doesn’t dictate when you need to put your home on the market, put it on as soon as you are ready to sell it. The typical Summit County market is slowest in the winter with fewer homes on the market and fewer, but more serious buyers. Once the ski resorts close in the spring the ski condos tend to hit the market and summertime brings all the buyers to town. In the summer your home will have more buyers looking at it but there will also be more competition for their money. Each selling season has its positives and negatives and shouldn’t weigh too heavily on your decision of when to sell.
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