If you're looking to sell your home or property but nervous about putting it on the market because we're in a recession, here are my "Top 5 Tips To Selling Your Home In A Recession."

1. Be Patient - During these times, your property will be on the market longer. The right buyer will come at the right time. Don’t reduce your bottom line by rushing a deal.

2. Understand Your Numbers - Know and understand your payoff amount, fees, commission, closing costs, transfer tax, etc.

3. Be Prepared To Handle Repairs - This is a buyer's market; therefore, they will ask for certain repairs before closing.

4. Negotiate Your Closing Costs - This is where Tip #2 comes in. If you know your numbers, you'll understand the max closing costs you can cover, and the deal is still viable for you.

5. Have The Right Team In Place - You want to have a broker and attorney working on your behalf to get your property sold quickly and profitably.
   
   If you're selling or purchasing a home in the Chicago area and need advice, reach out to us so we can help allay your concerns with sound business and legal guidance. Schedule a consultation with me at https://www.enterpriseesquire.com/calendar.