Wednesday, December 3, 2014 / by Renee Sumpter
There is a popular misconception that winter is the off season for real estate. Most people decide they are going to list their home for sale in the spring verses the winter. And sellers with their homes already listed often take their house off the market as soon as the cold hits and plan to re-list in the spring. Contrary to popular belief, experienced realtors know that winter is a great time of the year to get your home sold. Here are the following reasons why:
Not only are there actually buyers out looking in the winter, but they are typically extremely motivated. People willing to brave the cold weather and snow are serious about finding a home. You will probably have less showings, but the people who come through will be more qualified. This is the ideal situation.
There are less homes listed for sale in the winter, and because of this, you have less competition. Other sellers are missing out on the best time to sell their homes. With less inventory on the market, sellers have more control.
Better Price For Your Home
Because there is less inventory, if you market your home right you have the potential to get top dollar. Sellers definitely have the upper hand in a winter transaction. In the summer months, buyers might have 30 homes to choose from. But in the winter, there may only be 10 that fit the same criteria. You have a much greater chance of someone submitting an offer on your home in the winter.