Thursday, November 14, 2019

Why Fall is the Best Time to Sell Your Home

4 Reasons Why Fall is the Best Time to Sell Your Home

Many homeowners think that the opportunity for selling their house fades once the summer heat is gone — but autumn brings many fresh beginnings, including a new selling season! Here are some benefits to selling your home this fall, and how to get started.

1. Autumn Home Buyers Are Serious 

In the spring and summer, you may see a new open house on every other corner, every single weekend. While spring is the perfect time to begin looking for a new home, many potential buyers hold off on making an offer until the fall. In the spring, homeowners can choose to be picky, and they typically will extend their search for a few months. As August ends and September begins, however, more serious buyers will be anxious to move into a new home before winter weather and the holiday season. This is where your home comes in.

2. There’s Less Competition

As we mentioned above, post-summer home buyers have fewer homes to choose from, and with the stress of the holidays coming, they’ll want to make a choice. Most summer homes aim to close by September, so if your potential buyer hasn’t sealed a deal yet, you’ll be competing in a much smaller market. This can also play in your favor while discussing price.

3. Different Buyer Demographics

Families are more likely to move in the spring after school is out for the year, but millennials and those without kids are typically less restrictive with their timeline. In addition, employers who need to relocate their homes typically wait for the fall to avoid higher real estate rates.

4. More Flexibility for Renovations

Selling a home takes time, but before you even think of listing your home, you’ll need to make some final improvements. Winter weather can prevent a lot of home exterior work, but spending the spring/summer on this work and then listing in the fall gives you the time to make sure everything gets done.

Tips to Prepare Your Home for Resale in the Fall

If you’re preparing to sell your home this fall, consider some of these tips to ensure you secure the largest curb appeal in the neighborhood:
  • Prepare your home for different demographics: Consider that empty-nesters may not want to see three bedrooms, but may want a workspace instead.
  • Include photos from summer months: If you’re not changing the exterior of your home, opt for clear, bright photos with bright, full greenery.
  • Make the necessary updates: Whether it’s adding a fresh coat of paint to your porch raking the leaves, make sure your home is ready to show!
Here at P.T.R.C., Inc., we are determined to help our clients pay the lowest amount of property tax as required by law. Contact us today to see how we can help you: info@ptrc.com.

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