It's October, but the spookiest fright may be selling your home. Whether it is stressing about the timeline, the price or patching up pesky cracks, almost everyone selling has something keeping them up at night, according to a report by Zillow. And when a sale seems within reach, worries morph into the thought that after all that work, the offer may fall through.
Selling a home is plenty stressful, and virtually no one is immune: 95% of home sellers are stressed by some aspect of the process, according to the Zillow Group 2019 Consumer Housing Trends Report. The greatest sources of stress involve uncertainty surrounding the timing and financial aspects of a sale.
At the top of that list is sellers not knowing whether their home will sell when they want it to – 56% of sellers find that uncertainty to be stressful. Doubts over whether a home will sell for the desired price is cited by 53% of sellers as stressful.Next comes the double-whammy of worrying that an offer will fall through (52%) and the stress of making improvements and preparing a home for sale (also 52%). And 51% of sellers say it’s stressful to time the sale of their old home with the purchase of a new one.