When is the Best Time to Sell Your Home?
The season you sell your home in can have an impact on how much you get for your home and how quickly it sells. The spring season is typically the most successful season to sell a home. During this time of year, families consider moving to new school districts and it is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. However, avoiding the winter season is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.
Advantages of Selling in the Winter
Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives your home more attention. Potential buyers are always looking no matter the time of year. Keeping your house on the market in the winter might bring the right buyer to your door. Real Estate agents also tend to be less busy during these months and can commit more time to get your home sold.
Studies have shown winter buyers are buying because they need to move right away either for a relocation or a personal situation. They will want to close quickly and allow for a much smoother sale.
The Bottom Line
Consider the time frame of when you would like to sell your home. Most homeowners who are going to sell will list their home in the spring, making for a competitive market. The winter allows buyers who are in a hurry to move to consider your home and sell for more money than you would have in the spring. If you need help considering these options, contact us today!