Tag Archives: Real Estate
We put the finishing touch of a red bow on the sign. A relative of one of the neighbors was visiting for the holidays and saw the home with all its decorations. She called to see the home, fell in love with it, and decided to relocate close to her relatives. The seller negotiated by throwing in all the appliances and the lawn tractor and was able to sell the home at full asking price.
Leases are ending for tenants. Companies are relocating employees who want to purchase rather than lease, and other potential buyers simply get an itch to purchase. A shortage of inventory may ultimately help a seller realize a higher sales price from a serious buyer in the winter market.
Despite the fact that fewer home sales occur in the winter nationally, some real estate pros swear by winter marketing. They explain that many homeowners remove their homes from the market in November and December for the holidays to avoid showings during that period.
If you are timing your home sale by the local peak season, and you are basing the peak season on a local newspaper’s graph of when homes sell or a local Realtor association’s graph of when homes sell, be careful to analyze the graph.
Market Timing—Is Now the Time to Sell?
When is the best time to sell a property? If the market is declining, should you wait until the decline is over and the market starts uphill again? If you need to sell this year, should you wait for the spring market, or is it okay to list the property for sale on January 2? Will you get more for your home if you sell it in June instead of April? These are all questions asked regularly by home sellers attempting to sell for top dollar.