As a Listing Agent, I come across a lot of homeowners that want to sell their home, and for some reason think Winter is not a good time. That’s a myth that I am going to bust!! Homes that are priced right and show well sell any time of the year!!
The housing market doesn’t hibernate in the winter. Sellers who list and buyers who buy often find the winter season the most advantageous time to make a move in real estate. In fact the winter season often brings in more focused and active sellers and buyers. Winter buyers tend to be serious buyers… Most people are not window-shopping in December and January, like they do in the spring months.
The winter tends to net sellers’ more than their asking price during the months of December, January, February, and March than listings from other months.
The Market can be less competitive for sellers since many people tend to wait until the spring to list. The smaller inventory of active listings help sellers get more attention from buyers on their properties. Also, many large corporations often transfer employees or hire new ones early in the year, creating opportunities for winter sellers from very motivated purchasers.
Sellers shouldn’t worry about the holidays hampering their chances either. A study conducted by realtor.com® found that 60 percent of real estate professionals advise their sellers to list a home during the holidays because they believe it’s an opportune time to sell. Nearly 80 percent of the real estate professionals surveyed said that more serious buyers emerge during the holidays, and 61 percent say less competition from other properties makes it an ideal time to sell.
As for buyers, they may find winter a good time to make a move too. Sellers often are more flexible about negotiations over prices and terms than they would in the spring, real estate professionals say.
The takeaway here is… do not let traditional Real Estate MINDSET deter you from selling your home in the winter!
Contact us at Herron’s Homes and let’s get your home listed today!!