Selling Your Home During a Divorce: How to Get It Done Right

Selling Your Home During a Divorce: How to Get It Done Right

September 26, 2022•1 min read

Going through a divorce is one of the most stressful experiences in life. And when it comes to your largest asset, your home, you need to make sure it’s handled properly.

Why an impartial REALTOR® matters

During a separation, emotions run high and trust can be low. A good REALTOR® who is impartial and fair to both parties can:

  • Communicate clearly and equally with both sides
  • Provide a fair, data-based market evaluation
  • Keep the process moving
  • Reduce conflict around pricing and decisions

Your main options

1. One person buys out the other

Sometimes one spouse wants to keep the home. In that case:

  • You’ll need an accurate, unbiased valuation so the buyout is fair
  • The person keeping the home will usually need to qualify for the mortgage on their own
  • Your lawyers will handle the legal transfer

2. Sell the home and split the proceeds

If neither person keeps the home, selling it properly matters. When it’s priced properly and marketed well, you’re more likely to get the best return for your asset, which benefits both of you.

Tips for selling during a divorce

  1. Involve your lawyers early so everyone understands the process.
  2. Agree on one REALTOR® that both parties trust.
  3. Decide together on price, timing and showing arrangements.
  4. Keep the home show-ready, even if one person has moved out.
  5. Get everything in writing.

We’re here to help, with care

The Right Choice team handles these situations with sensitivity and fairness to everyone involved.

Call 289-276-1716 or get your home value.

Joe Gonzalez

Joe Gonzalez

Joe Gonzalez is the Broker of Record at Right Choice Happenings Realty Ltd. Brokerage. Born and raised in Wainfleet, he has helped Niagara families buy and sell since 2013 and was named the Niagara Association of REALTORS® Marketer of the Year in 2019.

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Right Choice Happenings Realty Ltd. Brokerage. Proudly serving Welland, Fonthill, Port Colborne, Wainfleet and all of Niagara.

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