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Selling a Home This Winter? Let's Do It!
Home sellers and real estate agents often fear the winter months because it seems like a poor time to list. The truth is that winter can be a great time to list your home for sale. So let’s sell your home this winter!
Less Inventory
Conventional wisdom tries to say that taking your home off the market in winter, or waiting to list, until the spring selling season starts is the best way to sell your home. The truth is that if you are trying to sell your home, wouldn’t you rather list while the competition is less?
Higher Prices
With the end of the summer season, often homes are removed from the market, either because the sellers mistakenly believe they need to wait for the spring. But when listings flood the market in April, prices can go down as a “buyers’ market” takes hold and inventory increases.
Serious Buyers
Buyers in the winter also tend to be more serious about a home purchase. The holidays are a time to relax and enjoy family and friends. In real estate, studies show that if a buyer is out looking for a new home during these months, they have a reason to move, which tend to create better offers.
Renovation Costs are Lower
Often times the cost of labor for small cosmetic projects is much lower in the winter. Renovation projects are often scheduled for the spring and summer. Paint the walls and refinish the floors now to make your home look new again.
Home sellers can capitalize on the slower pace and smaller inventory by listing their homes for sale now. Winter is the perfect time to get the highest possible sales price while the competition is drinking pumpkin-spiced latte and waiting for the spring.
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