With the winter chill in the air it is not uncommon for those of us in the real estate business to meet sellers who say, “I’m going to wait until spring to sell.” Spring is the busy time of year in real estate. That being said, spring is not necessarily the best time to sell a house. Here are 4 reasons why winter might just be the very best time to sell your home.
1. Serious Buyers – It gets dark out by 5 o’clock in the afternoon and it’s cold (by our standards). Buyers that are out looking at homes this time of year are serious buyers. They have narrowed down their search so that they can avoid wasting time in their very short days. Sellers that list their home now may have less showings than spring months, but every buyer through the door is potentially THE buyer for the home.
2. Competition – There is less home sale competition in the winter. Less competition means you have greater access to the pool of potential buyers. Why sell a home when everyone else is? If you are looking to gain maximum value for your home, the easiest way to do that is to sell when there is very little competition.
3. Interest Rate Certainty – If you are selling your home so that you can buy a new place right away, then moving forward now makes the most sense because you know what the rates are right now (or can find out by calling your loan consultant). Rates are volatile and there is no saying what they will look like months from now. Eliminate the uncertainty by moving now.
4. Non-Contingent Buyer – Let’s say that you are planning on buying another house. You could sell your house now and move into temporary housing until spring. This gives you huge leverage when you go to buy a house next. Because you will not have to make offers that are “subject to selling a house.” In the spring, the market gets more competitive so buyers who have to sell a house are pushed to the low end of the totem pole when there are more buyers making offers. If you don’t have a house to sell, you will have an easier time buying your next house. OR if you do want to move from one house to the next- your subject to selling offer may be more welcome by Sellers in winter.
There is no absolute perfect time to buy or sell a home. We work with customers all year long through every season. If you are considering buying or selling a home, call us. Together we can design a strategy that is best for YOU and your family alone.
We have been putting qualified Buyers and Sellers together in the Temecula Valley since 1998. Put our experience to work for you today! (951) 522-0518 or firstname.lastname@example.org Gary and April Greer
This entry was posted in Buying and Selling Homes, Menifee, Murrieta, Selling Tips, Temecula, Wildomar, Winchester and tagged Hemet, Lake Elsinore, Loan and Finance, Menifee, Murrieta, Selling Tips, Temecula Valley, Winchester.