Why the hell does everyone think that Spring is the best time to sell their home? Is this even accurate? Or are most sellers (and their Realtors) misguided and making decisions based on inaccurate information? Is it possible that the conventional wisdom is not very wise at all?
I was reading this AWESOME article earlier today written by Ryan Fitzgerald of Raleigh Realty in North Carolina. He inspired me to write this article and do this video on the topic of the ‘best time of year to sell a home.’ You’ll see that the data goes against conventional wisdom, which in and of itself is usually a good sign.
In the article, Ryan asked one simple question to 12 of the most well respected, top Real Estate professionals in the country… ‘Should sellers wait until Spring to sell their home?’ Whether you’re a home owner, a Realtor or a mortgage officer, you should definitely take a few minutes and read Ryan’s article. The sharpest minds in real estate collaborated to make sure no stone was left unturned on the topic.
Want the cliffs notes? Fine! Have it your way…
6 Reasons to NOT Wait Until Spring to Sell Your Home:
- You’ll have way more competition in Spring! – Yes, it’s true that more homes are sold in the spring time, but that’s only because everyone else waits until Spring to list their home for sale!
- Interest rates may be higher in the spring, meaning that fewer people will be able to afford your home. By waiting, you could be inadvertently reducing the number of buyers who can buy your home. The Federal Reserve is expected to continue raising interest rates throughout 2017.
- Many job transfers happen at the beginning of the year – and those people will need to buy a home… FAST!
- Home sale statistics show that homes can sell faster during winter months.
- We get more serious buyers in winter– Spring brings out the ‘just browsing’ open house crowd. The ‘looky loo’s’ will only come to your open house to eat your Realtors cookies, and they’ll never buy a damn thing.
- Less competition! Because so many home sellers believe they should wait until Spring, there are so many less homes for sale for you to compete with. In Cottonwood Heights, Utah, at the time I wrote this, there were only 3 homes for sale in an entire neighborhood near Butler Middle School. However there are dozens and dozens of buyers trying desperately to find a home to buy, but there just aren’t enough homes for sale. I can’t imagine a better time to sell a home!
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You can find out what your home is worth HERE, completely free and no strings attached whatsoever. We just want you to have the best information possible to make an educated decision on what is best for you and your family. *We do not use an automated computer algorithm to “value” your home. We care about accuracy, and a computer can’t possibly value your home accurately if it’s never even seen the INSIDE 🙂
ADDITIONAL ARTICLES YOU MIGHT ENJOY:
- How to Buy and Sell a Home at the Same Time
- 4 Great Reasons to Sell Your House in the Winter by Matt Minor
- Should You Wait For Spring to Sell Your Home? 12 Real Estate Pros Weigh in! by Ryan Fitzgerald
- Selling Your Home In The Winter Can Be Very Smart by Wendy Weir
- The #1 Way to Sell Your Home for Top Dollar
About the Author: The above article on 6 Reasons to NOT Wait Until Spring to Sell Your Home was written and provided by Dustin Brohm, a leader in the field of Real Estate sales, marketing, and smart home technology. Dustin can be reached via email at [email protected] or by phone at 801-455-8753. Dustin has helped many people buy and sell Salt Lake City area homes for years.
Thinking of selling your home? I have a real passion for buying and selling Real Estate, as well as marketing & smart home technology. I’d love to share my expertise!
I help people buy and sell real estate in the following Salt Lake area cities & neighborhoods: Holladay, Cottonwood Heights, Millcreek, Olympus Cove, Canyon Rim, Sugarhouse, Midvale, Murray, East Millcreek, Sandy, White City, Draper, Riverton, Daybreak, South Jordan, West Jordan, Herriman, Bluffdale, South Salt Lake, The Avenues, Federal Heights, and of course, Salt Lake City.