Many people have heard that it’s ‘best to wait until spring’ to sell your house. However, we say, ‘Spring starts in January!’ Below are five reasons you may not want to wait until later in the year:
Serious buyers have fewer homes to choose from over the winter months. As we mentioned in last week's blog post, there have never been fewer homes on the market than now! With many people thinking that waiting until spring is the best option, you can list your house with less competition which means more buyer activity and more money in your pocket.
People looking at homes currently are serious buyers. It's cold out so those who are looking now are typically ready to buy a home that matches their needs quickly.
The supply of homes will start increasing in the next few months. More homes on the market means more competition and potentially less money for you.
Interest rates could rise causing some buyers to lose buying power. It's important to think of the true cost to a buyer when you sell your property.
By selling now, you have the opportunity to be a non-contingent buyer just as more homes are coming on the market. Sometimes we can negotiate for you to have time to find your new home so you don’t have to move twice. As inventory increases you'll have more to choose from and be ready to put forward a competitive offer.
We'd love to talk with you about what your home might be worth and whether it would make sense for you to sell now! Call us at (208) 327-2127.