While summer is considered by many to be the hottest time for selling a house (both literally and figuratively), sometimes circumstances require you to sell during a different time of the year. This fall might be exactly the right time to sell. HOMES ARE IN DEMAND and there is a good chance you will find a buyer before the end of the year. Here are some perks to selling in the fall:
Buyers are SERIOUSLY looking in the fall! They want to get settled into a new house before the holiday season begins. The pressure is on for them to find their new home quickly and this puts you (the seller) in the driver’s seat when it comes to negotiations.
THERE IS LESS COMPETITION IN THE FALL. Many sellers needed to close and move before school starts, so fewer houses are for sale. With less to choose from, buyers cannot afford to be quite as picky.
You will be dealing with different types of buyers. Families often move in the summer to accommodate school schedules. EMPTY NESTERS and MILLENNIALS are more likely to be looking in the fall. In addition, employers who need to relocate their workers often wait for fall to avoid the hot market during spring and summer. A speedy closing is the goal of most of these buyers, which means you are more likely to get the BEST PRICE possible for your house! Finding a New Nest: An Empty Nester’s Search for a Home
FALL IS PRETTY! The weather is cooler; the leaves are changing colors and fall décor can make homes look and feel warm and cozy. This is a great time of year to dress up your house to entice buyers. Fall Home Staging Tips
Photo Credits: mortgagebrokernews.ca, forbes.com, desmoinesregister.com