Monday, August 12, 2019

When's the Best Time to List?



When's the Best Time to List?

One of the most common questions we are asked by sellers is, "When is the best time to sell?"  The simple answer is RIGHT NOW!  It definitely won't sell if it isn't on the market. As a company, our busiest time of year for closings is the fall and winter each year. Most sellers assume that the spring and summer months are the best time, but that's not always the case. Life slows down a bit in the fall, and this gives buyers more time to be on the lookout.

We find that there are real advantages to putting your property on the market regardless of the time of year.  First, there are always some buyers out there looking for just the right property.  When a good fit hits the market, they're going to go take a look regardless of the season.  Second, the most serious buyers shop year-round, or are motivated by need.  If someone has a change in job and must move to a new town, they will have to buy something quickly so you should make sure your home is on the market and considered.  Third, and maybe most important to think about, is the fact that you're likely to have the most competition during the summer months when everyone else is trying to sell.  On the shoulder seasons there are fewer listings and that helps your home stand out.  Lastly, the process can take some time, even in a perfect scenario.  The lending process can take a month.  If you happen to find the right buyer in the first 30 days, then get the loan process going and hold onto possession of the property for 30 days after closing, you're looking at a selling process that will take three months, give or take.

If you've been considering the sale of your home or cottage, contact the HomeWaters agent or broker in your area today to be sure you are in the best position to get it sold so you can move on to the next adventure in your life!  Click HERE for information on our agents and brokers and their areas of service.

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