Should I Sell My Home Now or Wait Until the Spring?
Like any other important decision, selling a home is a process that requires an analysis of various factors, pros and cons. Real estate agents are often asked a multitude of questions ranging from, “How much should I list my home for?” to “Is staging something I should consider?”. One of the most frequent questions asked by homeowners is “Is now a good time to be selling my home?”
It’s a common misconception that the fall and winter months are not ideal for selling a home, and spring is the only time in which you can do so. Although most real estate markets across the United States experience a jump in sales during the spring, it doesn’t necessarily mean that selling in the spring is the best choice for you. Here are several reasons why selling your home now – during the winter months – could prove to be the best, most beneficial option for your unique circumstance.
Less Competition
As previously mentioned, the spring real estate market experiences an influx of homes for sale, which means a greater amount of competition in your local area. Thanks to the law of supply and demand, when you sell your home in the fall or winter, there are fewer listings available, creating less supply for a potential buyer to consider. A smaller supply not only increases the probability of showings, it also makes it more likely that you will receive an offer at the maximum amount for your home.
Fewer, Quicker Transactions
Another great benefit of selling your home when there are fewer listings on the market is that there are also fewer transactions occurring. With fewer transactions, mortgage lenders, attorneys and home inspectors are able to speed up the closing process for you and the buyer. It will also help in overall response time, leading to less stress and frustration for you!
Serious Buyers Always Exist
The home buying and selling process doesn’t stop, which means that serious buyers exist every day, and season, of the year! Although buyers may take a reprieve from searching for homes, serious buyers will continue to look at listings regardless of time of year.
Also, the fall and winter months offer unique holidays and events that give buyers a sense of what your community is truly like. Take advantage of your neighborhood’s festive offerings, whether it be light displays, seasonal décor, trick-or-treaters or community gatherings, as these details bring value to a buyer’s decision to live in one neighborhood versus another.
Great Agents are Adaptable
Selected by 30,000 voters as the Best Real Estate Brokerage of North Atlanta 2019, our agents at Atlanta Fine Homes Sotheby’s International Realty are simply the best in the business. Great agents adapt to the current market environment, and, through creative marketing campaigns, valuable expertise and committed service, you are guaranteed to have helpful suggestions as well as tangible strategies that will make your home desirable in any season.
Taking time to reflect and consider different options for selling your home could ultimately lead to your success! If you would like more assistance with selling your home, the Atlanta Fine Homes Sotheby’s International Realty team would be happy to help! Please give us a call at 404.237.500.