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Tuesday, January 27, 2015

The Best Time to Sell


"What's the best time to list my home?" - One of the most popular questions I get asked day to day.

There are several factors that go into figuring out the best way to market a property. The time of year is important with market spikes in the spring and fall, but if that is the only factor that drives a seller to list, many opportunities may be missed.
True, spring is a hot time on the market with a great deal of homes being listed in a short period of time. Lots of buyers are also looking meaning that your home will likely get shown often (as long as it is priced properly).

Let's stop for a moment and think about the advantages of listing before the big rush...
I have been chatting with many of the REALTORS® in the area lately, and the overwhelming consensus is that this has been the busiest January in a very long time. Buyers are aware of the interest rates being very low and are out looking for their next home. These buyers are not the "tire kickers" that we sometimes see in the spring.

These are serious consumers trudging through snowbanks and braving fierce winds to view your home.

They are out there to find a property to purchase now, not just curious about the neighborhood or spicing up the "Sunday Drive". While you may not have the quantity of showings that you might in the spring, the quality is there. Less showings resulting in more offers - WIN/WIN!

One of the stressful times during the buying/selling process is the time between the initial offer being presented and a binding agreement being fully agreed upon and signed by all parties. Time is always of the essence, but there is a heightened sense of urgency in the spring. This causes extra stress on everyone and can make the negotiations seem frantic for some. Consider this process in the winter, I have found that everyone involved feels a little less pressure during this time, and less pressure means more rewarding transactions. It is also easier to book appointments like home inspections and estimates for upgrades as the suppliers of these services are not as busy and have more time slots available.

Finally here at Exit Realty Town & Country we are about to launch an incentive program for clients wishing to list this spring. If you are interested in listing, give me a call I can let you know all about this really attractive give away!
Call me today and get a jump start on the spring rush, let's talk about a less stressful and more rewarding sale of your home!

Megan White
902-680-2736

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