There really is no reason to wait until spring to sell your home if you find yourself ready right now. The winter weather doesn’t have to give you pause. In fact, if years past is a predictor of the future, selling your home during the winter months has gotten easier. This is especially true as the inventory for homes continues to struggle to meet buyers demands, leaving home buyers to seek out homes throughout the year and not just during the spring and summer seasons.
When placing a home up for sale during the winter it may be wise to avoid marketing your home for sale during the holiday months. November and December are filled with the chaos of the holiday season and therefore it can be quite stressful to have realtors and potential buyers in and out of the home all the while you are preparing to entertain. There are many reasons not to wait until spring to sell your home and instead to list it for sale at the beginning of a new year including:
Winter Home Buyers are as Serious as Winter Home Sellers
Winter home buyers prove how motivated they are to purchase a new home each and every time they layer up to go house hunting. Think about your motivation even with the idea of opening up your home for walk throughs even though the beauty of the snow has faded into the muck of melt. Winter sellers and buyers are some of the most serious, motivated individuals. They are ready to find what they are looking for if only to prevent having to trek out and about in the cold once again.
Days on Market Means Less in The Winter
Although there are fewer buyers throughout the winter months, their motivation is higher and therefore they are less concerned with the frivolous details that can lose a sale such as the number of days the home has been on the market. During spring, a home that has been on the market over 50 days gives buyers the impression that something is wrong with the home. This criterion however is not the same for homes for sale in the winter where homes are expected to be on the market a bit longer just because of the decreased number of buyers looking.
Lack of Competition
Let’s face it, there are fewer homes to choose from in the winter, so the competition isn’t quite as fierce as it can be in the spring and summer months. Home sellers are most likely looking to sell their home because they have found one, they are interested in purchasing. Negotiation when a contingency is in place may be more acceptable during the winter months where there are fewer buyers competing to buy your home.
C21 Lady of the Lakes is a full-service realtor serving Livingston County and the surrounding areas with all their real estate needs. More information can be found at http://www.ladyofthelakes.com/