Should I Sell My Home Now?
/Spring is commonly said to be the best time of the year to sell. It is definitely the most popular. It isn’t the only time though. Sometimes you have to sell in the winter because you are transferred out of state. Or because you want to buy in the winter when there is less competition. Or you find the perfect house in December and need to sell the one you’re in to buy it. There are lots of reasons you may find yourself needing to put your house on the market later in the year. I’m here to tell you that it’s not always a bad thing to sell now. Here are a few reasons why.
You have very little competition
Because so many people wait until spring to sell their homes, there are a lot less homes on the market with which to compete. Whether your home is in pristine condition or needs some work, this is a great benefit. Buyers won't be able to compare your home to the hundreds of other houses on the market.
Buyers are Serious
Buyers looking to move in the winter are typically buyers who have to move in the winter. They have been relocated for a new job and need somewhere to live, their lease is up in their rental, or a life circumstance has changed and they need or want to move right away.
Prices Steady Out
If house prices are going to increase during a year it typically happens in the spring. In the wintertime the frenzy has eased and prices have settled a bit. This can help with appraisals because there are plenty on comparable properties that justify your sales price. In the springtime when the price increase is new, appraisals can be a problem.
So if you need or want to sell your home sooner rather than later, don't dismay. Winter is still a great time to get your home on the market and sold. Give me a call and we'll get started!