While it is generally thought that spring & summer are the best seasons to put a home on the market, fall – particularly this year – has its definite benefits when it comes to selling a home quickly and at or above asking price. Here’s why:1. Less competition
Because there won’t be as many homes on the market as there would be at other times of the year, you won’t have to worry as much about what your neighbor is asking for their home, competing for open house visitors, or making unnecessary concessions for your buyers.
2. Faster transactions
There will be fewer homes on the market, which means that mortgage lenders, attorneys, and home inspectors will have less on their plates, and more time to focus on your home sale.
3. Timing is perfect
Vacations are over, kids are back in school, the weather is still nice, and people want to be in their new homes before the holidays, making for a true sense of urgency on the buyers’ part.
4. Inventory is low, but demand is high
This puts you – the seller – at an advantage. You will be less likely to have to “settle for less” than your asking price, as buyers’ options will be more limited than they would be during the spring & summer seasons.
5. Enhanced curb appeal
Fall is a gorgeous time of year – take advantage of it. Add some pumpkins, a fall wreath, and some colorful mums to your doorstep to play up the curb appeal and to get inside the buyers’ minds about the potential for their own seasonal, cozy fall décor in their potential new home. Further, vibrant fall foliage makes for beautiful, appealing photos of your home.
If you’re thinking about putting your home on the market this fall but are having reservations, feel free to give me a call – I’ll be happy to answer any questions that you may have.