THE TOP 6 REASONS HOMEOWNERS SELL THEIR HOME!
25 Nov 2025| Posted by: Dave Tidbold
What are the top 6 reasons why someone would want to sell their home in this market?
According to research, a new profile of home buyers and sellers across Australia has emerged, Here are the top reasons:
1. They want to move closer to family and friends.
2. Their home is too small.
3. Their home is too large.
4. A change in their family situation.
5. Moving due to retirement.
6. Job relocation.
No matter what the reason, the thought of selling your property can be very daunting when you get to the pointy end of making a decision.
But before you consider selling, you must ask yourself this question.
Why Are You Selling? This question is not just about what you want or where you want to go, but WHY do you want to go? What's the real emotional reason behind moving?!
This is a critical question that you should answer before you begin the selling process. You see, selling your current home is all about YOU! Will your life improve as a result of the sale of your property?
Whether you’re upgrading, downsizing, reducing financial pressure or moving to a retirement village, or any of the six reasons above, in all of these cases your life should improve once you make the move.
If there is a benefit to you in the long run, the selling process will be much easier for you. You must focus on the benefit, not on the hurdles you see in front of you.
You should never put your property on the market with the thought, “If I get my price I’ll sell”, or something similar. Without a clear goal you are wasting your time, emotional energy, and money.
If you want to sell your home and buy another, WHICH COMES FIRST - SELLING OR BUYING? If you sell first, you may have nowhere to live. If you buy first, unless you have pre-arranged finance, you will need to buy conditional on the sale of your own property. This creates the problem where you are competing with other buyers who do not have a house to sell.
So, what do you do – sell first or buy first? The answer is neither. Instead, do them both at the same time. It’s the safest way. Plus, it gives you complete control.
First, you place your home for sale. Placing your home for sale does not mean selling your home. If you put your home for sale, you can at any time change your mind and as the owner, you can sell under your conditions - that you will not sell before you find another home to buy.
The solution to selling and buying at the same time can be summed up as follows:
- List Your Home for Sale. Listing your home for sale does not mean selling your home.
- Find a Buyer for Your Home. And, Negotiate the Best Price and Best Conditions That Suit You. Most buyers are prepared to give you one the following options. 1. Several weeks to find a suitable property to buy. With this option the buyer signs a contract to buy your property and you sign nothing, or a special condition is added whereby you can decide not to proceed if you cannot find a suitable home to buy. 2. A flexible rent back option is written into the contract. 3. A longer settlement period of 90-120 days.
- Find a Home to Buy. You can now find a home and make a confident offer knowing your finances and settlement date.
- Sell old home. Buy new home. Once you have completed the purchase you can now sign off on your property’s contract of sale knowing everything will all line up smoothly. The contract to buy your new home will be conditional upon the sale of your old property becoming unconditional, and settling on the same day.
