Which Season Should You Sell Your Home?
Selling your home can be a long winded process, especially if this is your first time doing so. When you decide to sell your home, you have to make several decisions regarding how to sell, who to hire, and even when to sell.
When it comes to when to sell, most people would likely assume summer, spring, or early fall would fall into the category of “best seasons” because the weather during these months is generally nicer. However, there isn’t an all encompassing “right” answer. In fact, the best season to sell your home will depend on your selling goals as well as the area in which your house is. Here are some tips on deciding the best time of year to sell.
What are your goals?
When it comes to selling a home, people tend to have different goals. While some homeowners just want to sell their home and move on as quickly as possible, others are more focused on how much money they can earn when all is said and done.
You want to sell quickly
If you’re in the group who wants to sell quickly, the best season to sell can vary depending on a few factors. First off, do you live in an area with harsh winters, like the midwest, or are you located in a more temperate environment? Those located in an area with winter might be able to reap the advantage of having lower competition since less people are likely to sell during this time. Note that it’s important to take a look at some of the statistics that depict winter sales in your city or town before making any assumptions. Talk to your real estate agent about their experience selling in the winter.
You want to sell for more money
If you’re in the other boat of wanting to sell for the most money, then you have time on your side. Talk to your real estate agent, assess what time of year houses sell for the highest amount in, and make a plan. If this time is the spring, search some spring home selling tips to help your listing stand out. Selling in winter? Use the holidays to your advantage or try to find ways to help brighten your home during an otherwise gloomy few months.
Where do you live?
Like we mentioned earlier, every region, state, city, and town has their own ideal times to sell. Take advantage of these months to either sell for more money or sell quickly. Take a look at how real estate in your area fared during previous years and apply that to your own sale. For example, if you want to sell quickly, look at the months with homes that sold in the lowest amount of time. If you’re already planning on selling during that time, great! If not, talk to your real estate agent about ways to safeguard against your home spending too much time on the market after you list it.
At the end of the day, the best season to sell your house depends on your personal preferences, your goals, and where you live. All seasons have their own benefits, and taking advantage of what each month has to offer will guarantee you success when all is said and done. Preparing your house for sale based on what has worked for other sellers in your area is a smart move.
The bottom line
If you found this post helpful and want to learn more about ways to save money and to grow your financial wellness? When Life Gives You Lemons, Add Vodka is your go to source for advice to get you through the day-to-day successfully.