Thursday, November 29, 2012

The Advantages of Home Selling in Winter




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In life, the age-old adage that “timing is everything” rings true. In real estate, I like to say this saying is almost true. In other words, timing can be important, but it’s not all that matters.

When one of my clients decides to sell a home, he or she usually wants to sell it immediately and be done with it. But sellers also struggle with this question: “Do I want to put my home on the market now, or do I wait until the hot time of the year in the spring to list it?”

Statistically, yes, spring is the most-active time for real estate sales. There are more home closings in the spring than any other time of year. But in the spring, there might be 20 to 25 homes competing for a finite number of buyers. In the winter, however, there might only be five or six homes like yours on the market.

It might seem counter-intuitive, but placing your home on the market when there are few competing homes drives up demand because of the smaller supply.

When is the best time to sell your home? Give The Around Town Team a call at (203) 727-8621 or email me at andy.sachs@cbmoves.com and we’ll devise the best selling strategy to meet your needs.