As with every decision in life, there are pros and cons to consider when selling your home. There are many factors that need to be taken into consideration. Many homeowners believe selling a home during the fall or winter months is not a good idea and that the spring is the only time a house should be sold. This is the furthest from the truth. Certainly most real estate markets across the United States experience a “spring market rush” every year, however, the fall and winter seasons may be the best fit for you for many reasons.
- There is Less competition. The fewer number of comparable homes for sale, the greater the probability that a buyer will look at your home.
- Serious buyers are out there! The fall and winter months are a great time for a potential buyer to see what a specific neighborhood is like.
- The Best Agents Are Always Up To The Challenge. A great real estate agent will know how to adapt to the current season and market their listings to reflect that.
- Staging For The Holiday Season. Simple “seasonal” staging such as adjusting the color of the decor or having an aroma in the air that is relative to the time of year can go a long way with some potential buyers and possibly be the difference between a home selling or not.
- If you’ve read about real estate in the past year, it’s likely you’ve read that the mortgage rates are very low. You also probably read that there is an expectation that the rates will increase by spring.
- Right now, there are fewer real estate transactions than there will be in the spring. The fewer number of transactions means the mortgage lenders have less loans to process, attorneys have less closings to do, and home inspectors have fewer inspections to do.