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5 Great Reason to Sell in the Winter
5 Great Reasons to Sell in the Winter
Many people believe that the winter season is a bad time to sell a house. Even though their house is all prepped and ready to sell, they would rather wait the extra 3-4 months to sell in the spring when everyone else does also. Selling in the Spring may be the strongest home-selling season, but that doesn't mean selling your home during the cold months or Winter is impossible, in fact it offers some advantages that you don't have when selling in the Spring.
Here are 5 great reasons to sell your home in the Winter:
1. Less Competition
Like mentioned earlier, Spring is the most popular home-selling season, meaning that the housing market is very crowded with both buyers and sellers. In the winter, there are fewer homes for sale, leaving less competition for sellers. While buyers remain active during the winter months, it gives your home as good of chance to sell in the winter as it does in the summer months.
2. Serious Buyers in Winter
While there are more buyers looking during the Spring and Summer months, there are far more serious buyers in the winter season. If someone finds the house of their dreams during the winter, they are unlikely to wait until spring and take the chance of losing out on the home. If someone is willing to visit open houses and schedule showings during the coldest and potentially busiest times of the year, it is likely they are very serious about their home buying process at the time.
3. Online House Hunting
When it comes to house hunting online, there is no season and there will always be inventory available. Since a majority of people use the internet to start their home search, having a property available during the Winter season will always have the potential of reaching people.
4. More time for Buyers
Although the Winter months can be the busiest months for people, they are also the months that most people tend to take time off. More time off from work during the Winter months and holidays gives people more time to search for a home and more time open for showings.
5. Year-end Financial Bonuses
Due to year-end financial bonuses and payouts, buyers could potentially have more money to spend on a home. Or maybe a homebuyer was waiting till their year-end bonus to finally have enough money for that down payment on a new home. These year-end bonuses could offer extra opportunities and reason for buyers to upgrade their living situation or dive into the housing market.
Kyle is a licensed Realtor/Broker and co-owner of the Realty Edge Team, brokered by eXp Realty. He founded the Realty Edge Team in 2011 along with Dan Kingsley. At age 26, he received the prestigious ....
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