After Labor Day, many Lake of the Ozarks second-home owners close up the Lake house until next season.
And for some, that last summer trip to the Lake house leaves the lingering thought: "We don't really use this like we used to."
Life changes. Maybe the kids grew up and moved away. Maybe the grandkids' lives got too busy with sports and other summer activities. Or maybe it's just the convergence of a hundred different little variables that lead to the quiet conclusion: It's time to sell the Lake house.
Want a Comparative Market Analysis for your Lake of the Ozarks home? Contact LakeExpo Real Estate at 573-693-1613.
Or email info@lakeexporealestate.com
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LakeExpo Real Estate Partner/Broker Annie Faulstich says she's seen it many times over her years of selling real estate at the Lake. Of course, owning a lake home is a dream-come-true for many. But when she talks to people who are ready to sell, often it's because the dream has changed. "You didn't use the Lake home as much as you had hoped. Family didn't come and visit. The maintenance is just overwhelming, and you're really not even enjoying the Lake anymore," she said.
Annie Faulstich is an owner/partner and Realtor at LakeExpo Real Estate. Reach her at 573.375.4515 or annie@lakeexporealestate.com.
Maybe the most sobering realization: You didn't get the boat out once.
And that's okay. But once they've realized it's time to sell the Lake house, Faulstich says Lake of the Ozarks homeowners need to think clearly about what's next. For many, one of the first questions is obvious: What is the Lake house worth now?
"The Lake market moves in seasons of its own," said LakeExpo Real Estate Partner Jesse Faulstich. "Once school starts back up and the boats come off the water, buyer activity doesn't stop. It shifts to serious buyers who are done waiting and want to close before the holidays. If you're on the fence, the value question is worth answering now while your home shows well and the season is still fresh in a buyer's mind."
Jesse Faulstich is an owner/partner and Realtor at LakeExpo Real Estate. Reach him at 573.260.0868 or jesse@lakeexporealestate.com.
LakeExpo Real Estate agent Nicole Dorrell says some sellers are tempted to wait until spring to list the home.
"A lot of sellers automatically think they should wait until spring," she said, "but that isn’t always the advantage people assume. In the fall, you may have fewer buyers—but you can also have less competition from other sellers. Sometimes the better question isn't, 'Is fall the perfect time to sell?' It's, 'Do I want to be on the market now, or become one of twenty similar properties that all hit in the spring?'"
Nicole Dorrell is a top-tier Realtor at LakeExpo Real Estate. Reach Nicole at 573.375.8876, Nicole@lakeexporealestate.com.
Ready to sell the Lake house? Contact LakeExpo Real Estate and find out why our listings sell 17 days faster and for a $7,200+ higher price (based on a $600,000 home — comparison using MLS data).
Call 573-693-1613 or email info@lakeexporealestate.com
Learn more about the LakeExpo Real Estate seller advantage: https://www.lakeexporealestate.com/sell/
View all Lake of the Ozarks listings online: LakefrontExpo.com.
