The new year is here, and many people are curious about what’s going on in the real estate market. If you have been considering selling your home, now might be the time to make your move. While many sellers feel spring is the best time for selling because of increased activity in the market, let us not forget about the number of unique advantages of the winter months.
Let’s explore some of these unique advantages to selling in the winter:
1. The pricing imperative
It’s important to remember a reasonable asking price is the biggest factor when it comes to a quick and profitable sale, regardless of the season.
2. Serious buyers only
Serious home buyers don’t hibernate. Only purchasers who are serious about buying a home will be in the home market during the winter months.
3. Less competition
There is far less competition for your home in the winter. Typically, the number of new listings drops during the winter season, which in turn limits the choices for buyers
4. Less time to sell
In the winter, loan processing demand is slowed, so your home sale can be completed and closed much quicker and the actual time it takes you to sell will be shorter as well.
5. It’s a great time to buy and sell
Buyers can take advantage of low interest rates and get a home for cheaper. Sellers have a number of advantages, including less competition and serious buyers.
Although the winter does offer some great reasons to sell, it’s important to remember that any time of year is a good time to sell your home. It’s all about developing a unique marketing strategy and pricing your home with the market. If you have any questions, give us a call or send us an email. We look forward to hearing from you!