There is no doubt that the “Spring Market” is a great time to be selling and buying real estate, however, the fall and winter seasons may be the best fit for you for many reasons.
Here are several reasons why choosing to sell your home now may be a better decision than waiting until the spring.
One way that you can tell the spring real estate market has arrived is by driving down a street in your local community. In all likelihood there will be For Sale signs up all over the neighborhood! One great reason to sell your home now and not wait until the spring market is there is sure to be less competition. The fewer number of comparable homes for sale, the greater the probability that a buyer will look at your home. Simply put, it’s the supply and demand theory. If there are less homes for sale, there are less homes that a potential buyer can choose from, therefore increasing the demand for your home. Not only will less competition increase the probability for showings, but it will also increase the probability that an offer will be received and you will get the maximum amount of money for your home.
Serious Buyers Are Out There
Homes are sold and bought 365 days a year, period! Many homeowners believe that buyers aren’t out there during the fall and winter months. This simply is not the case. Serious buyers are always out there! Some buyers may stop their home search because it is the fall or winter, but serious buyers will continue to look at homes, no matter what time of year it is.
The fall and winter months are also a great time for a potential buyer to see what a specific neighborhood is like. Do your neighbors have pumpkins on their front step? Are there lots of Trick-or-Treaters wandering the neighborhood for Halloween? Do any of your neighbors have any light displays for the Holidays? There are buyers out there who will look at these types of things when determining whether your home is in the right neighborhood for them or not.
The Best Agents Are Always Up To The Challenge
Any real estate agent who tells you that the fall or winter months are a bad time to sell is not someone you want selling your home! A great real estate agent will know how to adapt to the current season and market their listings to reflect that. A great real estate agent can make suggestions and give some of their tips on how to sell a home during the fall or winter seasons. If a real estate agent doesn’t have any suggestions on making your home more desirable for the current season, you should be concerned about the creativity they are going to use when marketing your home.
Staging For The Holiday Season
Many sellers believe staging a home is the main reasons a home sells. While staging certainly helps sell homes, some buyers have a difficult time envisioning themselves in a home no matter what you do. However, there are some buyers who can easily be “Sold” on a home because it is staged. Simple “Seasonal” staging such as adjusting the color of the décor or having an aroma in the air that is relative to the time of year can go a long way with some potential buyers and possibly be the difference between a home selling or not.
Right now, there are fewer real estate transactions than there will be in the spring. The fewer number of transactions means the mortgage lenders have less loans to process, attorneys have less closings to do, and home inspectors have fewer inspections to do. All of these factors should lead to a quicker transaction and closing for all the parties involved. One of the most frustrating things for a seller to deal with while selling their home is not getting answers in a reasonable amount of time. A quicker transaction is going to be less stress for you. By considering all of the reasons above, you will be able to determine whether now is a good time to sell or if you should wait until the spring.
Selling your home and paying 6% in real estate commission in today’s market is very difficult.
Often sellers are put in a position to increase their selling price OR take a large hit in their equity profit.
The days of agents having to do newspaper advertisement, run open houses and do other print advertisements is over.
The internet has become the real estate marketplace for buyers to find homes, reducing marketing cost to Realtor's. So why are many still charging 6 to 7% in commissions?
Buyers Vantage FULL SERVICE Realtors take care of EVERYTHING home sellers need to ensure a smooth, successful and quick real estate transaction at only 3.9% total commission.
Today Realtors use the MLS to market their home listings. MLS is a cooperative broker to broker network. For example, if you signed a listing contract with a broker to pay 6% in commission. Your listing agent will share 2.4% of the 6% you agreed to pay to an MLS brokers if they bring them the buyer. Buyers Vantage offers the same competitive commission of 2.4% to other MLS agents. Your savings in commission comes from our listing side of the commission. This ensures your home is competing well in the marketplace next to other neighboring homes for sale. Additionally, in tough markets, our home sellers can offer additional selling bonuses to MLS agents, making their home have a more competitive advantage in tough markets while still saving money in commission!
Your Buyers Vantage Realtor will help you set your price and strategize the best marketing plan for you.
Rather than a "one-size-fits-all" approach. Buyers Vantage is a company of choices. In addition to traditional Full service 3.9% option, Buyers Vantage also offers innovative flat fee MLS programs that can help home sellers in any kind of market.
We have saved our clients thousands! When selecting a Real Estate company to help sell your home, it’s imperative you select one who's reliable and trustworthy. Our amazing clients have allowed us to become a business built on 95% referral base.
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The real estate agents of Buyers Vantage offer a wealth of knowledge having been in business for 18+ years. The contributors of this blog are a team of experienced agents who stay up to date and current with today's market trends.