There’s a housing shortage.
Hopefully some of this information
will help you make an informed decision if you are waiting until spring to
list/purchase. Bottom line, real estate is not as seasonal as it used to
be.
Here are some reasons why:
•
What does it mean to you if your
property is for sale and there is less competition during the winter months
(because others wait until Spring)?
•
Less competition + buyers = potential
to make more money.
•
The buyers looking right now are
serious buyers. There may even be transfers out there looking to move prior to
the start of the next school semester. If they are more serious buyers, they
are more apt to respect your time over the holidays.
•
We have received feedback from buyers
that they prefer to make a change prior to school starting in January so their
children have an opportunity to make friends prior to summer. Who doesn’t like
to play in the summer?
•
The best agents are still
working. A real estate professional does not take off months at a time. They
know their business is reliant on hard work, year round. Align yourself with
these professionals.
•
Your property will look terrific with
all your holiday decorations…just don’t go overboard! Use the holiday
season a way to make your property warm and inviting.
•
The internet. According to a NAR
survey in 2015, 42 percent of recent buyers started their home
search process online. What does this mean? Buyers can perform a virtual Open
House of your property, year round, 24/7.
•
Why do you want/need to sell your
property in the first place? How much will another winter cost you in
warehousing, mortgage, and utility costs? Why not try to make a little more
money with less competition?
These are just a few reasons why
selling property is now a year round affair.
If you are going to sell sooner than
later this fall/winter and second here are a few tips:
Stage it: Stagers (or experienced
agents) can arrange furniture so that selling-points in a property don’t get
overlooked, paint rooms inviting colors, and have the know-how to give a
property a cozy winter feel.
Display photos of the property that
also show it in warmer summer months. As always, keep your personal, religious,
political photos to a minimum.
Turn up the thermostat in the
property so buyers are comfortable from the moment they step through the door.
Price it right: Drew Carey
knows: if The Price is Right it will sell.
Show the way: Keep sidewalks and
driveways clear of snow, ice, and leaves–giving potential buyers a clear path
to your property’s front door.
Light it up: with shorter daylight hours in the
winter months, it’s even more important to keep all the lights on, as well as
open blinds and drapes for natural light.
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