Should I Wait Until Spring to Sell My Home?

Posted Jan. 21st 2012 under Selling Real Estate

We have been asked a number of times if it's a good idea to wait until spring before listing your home. Below are a few reasons why winter it a good time of year to sell your home.

-Less competition. During the winter months, there are far fewer homes on the market, so buyers in your market and neighborhood are far more likely to view your home. The majority of sales may happen in the warm months, but you have the advantage of lower inventory during the winter months. You now increase the probability of viewings, potential sale, and top dollar for your home!

-Only serious buyers. People are busy and are often caught up in the holiday season during the winter months. If people are looking at your home during the holidays, you know they're serious about buying in the short term.

-Homes show better during the holidays. This may be speculative, but many people find holiday charm and decor very inviting and pleasant. Buyers like a home that tells a story, and this is a great change when your house is dressed up for the holidays.

-January is the biggest transfer month. During the month of January, there are more corporate moves and transfers that take place than any other time of year. Buyers who are relocating are looking for a home that is available quickly.

-Timing. If you have a purchase contract in place in the winter months, it allows you to start searching for your home in the coming months when there is more inventory for you to choose from.

-More attention. Fewer listings in the winter months allow for better exposure, even further attention from your Realtor, and more targeted and effective marketing both online and offline.

If you have more questions pertaining to the current market or listing of your own home, a member of The Saugeen Team would be happy to offer you accurate assistance.