Most people assume spring or summer is the only time to sell a house. In reality, though, winter can be a favorable time to sell.
Here are the top reasons why you should consider selling while the temperatures fall.
1. Low inventory = less competition
- Since spring is the most popular home-selling season, think about the law of supply and demand.
2. Winter brings out the serious buyers
- Spring yields a lot more lookers but not necessarily the most serious. Window shoppers tend to be scarce during winter months – especially during less than ideal weather. When buyers show up in the snow, they are ready to buy.
3. Corporate relocation
- One of the biggest months for corporate relocation is January/February, so those buyers are out in full force looking for new homes & may need to move quickly (& can sometimes be less demanding).
4. Year-end financial bonuses and payouts
- As a seller, year-end performance reviews could mean that more people have money to spend on a home but as a buyer, end-of-year financial bonuses could give them a chance to upgrade their living
Now is still a great time to sell! Contact Agents@TheOatleyTeam.com today!
When it comes to making renovations to your home, some decisions can be difficult. Some jobs can also give you more return on your home when it comes time to sell. Here's a great list to refer to next time you start a project.
When selling a home, there are several important steps to take to make sure that you can not only sell your home to the right buyer, but for the right price. To get your home ready, here are some tips to help ensure you can maximize the value of your home
1. De-clutter – now is the time to get rid of the items you don’t use.
Getting rid of all your extra stuff is an important step when selling a home. It not only makes your eventual move much easier, but it also makes your home feel more open and cleanly, and in some scenarios, it can even put a little extra money in your pocket. Some ways to get rid of your old stuff is to donate it to local groups or to sell it in things like yard sales, swap meets, and online auction sites like eBay.
2. Curb Appeal – fresh flowers, nice door mat, & great landscaping will help expedite a sale.
First impressions are always important, and your home is no different. The first-time prospective buyers see your home will be from the outside. Making sure your lawn is well kept, has flowers and shrubbery where appropriate, and even having a clean and inviting welcome mat can all aide the perception of your home. With a positive view of your home before they’ve even walked in, curb appeal can help improve the value of your home with minimal effort
3. Touch up items – fresh paint, carpets cleaned, etc.
Fixing up your home in small ways can help the perception and overall value of your home. When a prospective buyer walks into a home, they want to feel like it is theirs. Having...
A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!
“Among spring listings, 18.7 percent of homes fetched above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of homes in winter did the same.”
The study goes on to say that:
“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close quickly — two things that can make the sale much smoother.”
If you are debating listing your home for sale within the next 6 months, keep in mind that the spring is when most other homeowners will decide to list their homes as well. Listing your home this winter will ensure that you have the best exposure to the serious buyers who are out looking now!
The study used the astronomical seasons to determine which season the listing date fell into (Winter: Dec. 21 – Mar. 20; Spring: Mar. 21 –...