Many homeowners believe selling a home during the winter months is not a good idea and that the spring is the only time a house can be sold. This is the furthest from the truth! Here are three reasons why listing a home in winter months can pay off:
1. Low Competition The last few years have brought tight inventory. Simply put, there are more buyers than homes for sale. Spring will bring an increase of homes on the market so listing during the winter months means you have less competition, increasing the probability that you will get the maximum amount of money for your home.
2. Serious Buyers Are Looking Recent tight inventory means some home seekers didn’t find a home over the summer months, thus creating a sense of urgency to keep looking. Serious home buyers are looking, no matter what time of year it is.
3. Quicker Transactions Right now, there are fewer real estate transactions than there will be in the spring. The fewer number of transactions means the mortgage lenders have less loans to process, and home inspectors have fewer inspections to do. These factors should lead to a quicker transaction and closing for all the parties involved.
Are you ready to list your home? The first step – Contact a reputable Brokerage that is experienced in your local market. A great real estate agent will know how to adapt to the current season and market your home to reflect that. For southeastern PA, northern MD and northern DE, that’s Beiler-Campbell Realtors with 45 years of experience. They know the local market inside and out. They’ve helped thousands of home sellers, in all months and economic climates. Don’t let the snow falling outside deter you from listing your home!