Our top 5 reasons for why selling your home during the winter months may be the right move for you.
1. Inventory is LOW
With the common (mis)perception that houses sell better in the Spring or Summer, other potential home sellers in your area are sitting and waiting. And waiting. And waiting. Having your home available for sale in the Winter means you face less competition to reach the pool of buyers out looking.
2. The Serious Buyers are OUT
Buyers looking for a new home have grown weary of the inventory available during the last few months. With a low number of houses on the market, buyers who need to move are feeling like they have seen everything available and they still have not found the right house for them. Their timelines aren't changing and they need a new home, many buyers cannot wait until later in the Spring to move.
3. Sell on YOUR timeline
With low inventory and a pool of serious buyers looking, you retain the strength in negotiating the timeline of your move. Many homes sold in the Winter include a rent-back option for the sellers, meaning you can get the home sale process concluded while still living in the home; renting it back from the new buyers for a few weeks. This gives you the peace of mind that the sale is completed while having the time to gather up your life and move on to your next destination.
4. Your home looks GREAT
Imagine a cold buyer walking in to your warm, cozy home during their house hunt. Bright lighting , winter decor and the warmth of the environment help the buyers create an emotional attachment as their preview your home.
5. SAVE MONEY with vendors
Many moving companies offer different rates during the Spring and Summer as compared to the Winter, simply based on their high demand later in the year. Coordinating with the other vendors involved in your move during the Winter give you more flexibility on scheduling terms and can often times give you big savings on the costs.
If you are planning a move in 2017 and would like to know more about a tailored program to sell your home in the early months, we'd be happy to talk through your options to best meet your real estate goals!