Should You Sell Your Home Now or Wait Until Spring?

African-American realtor woman with key.

Spring isn’t the only time to sell your home. Here are five reasons why choosing to sell your home now may be a better decision than waiting until spring:

  1. Less Competition
    There is less competition right now which increases the probability for showings, but it also increases the probability that an offer will be received and you will get the maximum amount of money for your home.
  2. Mortgage Rates Are Low
    Mortage rates could increase while you’re waiting for spring, potentially costing you thousands of dollars and eliminating many buyers from the market. Less demand for your home will mean less money.African-American realtor woman with key.
  3. The Best Agents Are Always Up To The Challenge
    A great real estate agent will know how to adapt to the current season and market their listings to reflect that.
  4. Serious Buyers Are Out There
    Serious buyers are always out there. The fall and winter months are a good time for buyers to survey potential neighborhoods. Are there pumpkins on the stoop, light displays for the holidays? These items paint a picture of the neighborhood and if it’s right for them or not.

  5. Transactions
    There aren’t as many real estate transactions now as there will be in the spring. This means there are fewer loans to process, and fewer closing and inspections to do; factors that should lead to a quicker transaction and closing for all the parties involved, and less stress for you!


Source: Keeping Current Matters

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