Why Spring and Summer are the Best Times to Sell A Home
Selling in the spring and summer does logically seem to make the most sense. In the spring, there is a renewed sense of energy following the winter, and with a new bloom, your house is sure to look its best in the months of April or May. Families with children will want to get started closing on a home as soon as possible in the spring so that if the process takes an extended amount of time, it will surely be done before the end of the summer, thus allowing the family to enjoy the new home with a few months of warm weather. This desire to buy quickly in the spring tends to raise demand, which of course raises profits for sellers.
The summer is much the same, though if you have to compete with the spring houses that have yet to sell in a slower market, the asking prices could be a bit lower. The heat can certainly make it difficult to sell a home as well, as buyers are less inclined to search for a new home when the temperature rises uncomfortably. On top of that, if buyers do venture out for a showing, you must be prepared to crank up the AC to make their visit as pleasant as possible.
What if You Have to Sell Your Home in the Fall or Winter?
If you do attempt to sell your home in the fall or winter, make sure you’re aware of the pros and cons of doing so. Again, this will often come down to your climate and location. For instance, if you live in a warmer state, watch for buyers who would like to escape their own cold location for a few months out of the year. That being said, it is the holiday season, and be prepared to lower prices during the busy months. If you list in the fall, expect buyers to wish for a lower premium as their children will have just started school.
Is There A Best Day of the Week to List a Home?
For those of you who are looking to be even more exact with best practices for home listing, we suggest listing your home on a weekday rather than a weekend. In many locations around the US, listing a home on Tuesday, Wednesday, or Thursday will net you more money than either of the other four days of the week. Once again, it depends on where in the country you live as to how much more money you’ll get for your home, but it’s a difference worth noting.
The Best Time to Sell a Home is Always When It’s Best For You
While there are pros and cons to selling in any season, if you’re ready to sell, it’s best to pick the time that works best for you. Know your location and do a bit of research on homes that have sold in the area. Note when they were listed and for how much. Be smart and sensible when deciding when to list. What’s best for someone else may not be what’s best for you. After all, it’s your home, and you deserve to make your own decision as to what’s best for you and your family.
Although paying attention to real estate market trends can certainly help, the best time to sell a home is whenever you’re ready to. If you’re looking to sell your West Michigan home quickly for cash, contact our team at Renewed Homes. We’ll gladly walk you through the steps you need to take and ensure that the process goes smoothly for you.
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