Selling your home can create
mass confusion. Timing is everything in real estate; however, some also
believe one
season is better than another.
If you ask a real estate
professional when you should sell your home, most will say, "Now is the
best time.” Real
estate today is a year-round business, and most agents will agree that
they do nearly as much business in December as in June.
If that is the case,
then how do you decide which is the best time of year to list your
home? Each season has it’s
own characteristics. Let's review each one.
The
Truth About Spring
According to most real
estate professionals, spring is the busiest time of the year for buyers
and sellers -- spring offers the opportunity to showcase their home at
its best. There's always something nice about listing your home when
it's not too hot or too cold, and the air is fresh.
Is
Your Landscaping Picture Perfect
If you have a green thumb, summer might prove to be the best time to
show off your garden.
Potential buyers walk through houses looking for
such amenities as a well-cared-for garden. Also, if your kids are away for the summer, you might be able to
keep their rooms clean from one showing to another. If you have central
air, this season
is also a great time to show it off. You can boast about access to
summer recreational activities such as a beach, a lake, community
tennis courts or swimming pools.
A possible downside to
showing a house in the summer is that most kids are home, and you'll
have to work harder
to ensure their rooms are maintained clean enough for buyers to get
through them.
How
Bad Is Fall and Winter...Really?
Even though falling leaves could make for extra work in the fall, with
children back at school, daytime showings might be easier to
accommodate.
Fall is historically a
shorter selling season. A home that doesn't sell in the fall can be
stigmatized as being held over on the market until the New
Year. An old listing number in the MLS can give buyers the misleading impression that a home has been
on the market for a long time and the seller might be willing to accept
a lower
offer.
Real
estate professionals agree that only the most motivated buyers and
sellers are active in the market during the winter season.
If you decide to sell
your home in the winter, expect the unexpected. You will come across
buyers who want showings
at odd hours, or during your family holiday parties. At this time of
year, you can expect potential buyers to track mud, snow, and
salt through your home.
In conclusion, how do
you decide which is the best season to sell? As discussed, every season
offers plusses and
minuses. If you want to sell your home in the spring, you might want to
list in mid-January, rather than waiting for February or March.
However, you might attract more attention if you wait until mid-March,
when many
of the springhouses have already arrived on the market and buyers are
hungry for something new.
Real estate is an
industry of immediacy. It's always a good time to sell your home if the
price is right, no matter what the
season.