As you probably know, spring and summer are the most popular seasons to buy or sell a house. The warm weather and the ability to move between school years are two driving factors behind this popularity. With this information in mind, you may wonder if you should wait until after winter to list your home on the market.
However, choosing not to sell in the winter when it works better for your situation could be a huge mistake. Here are five reasons not to delay selling your home.
Enjoy Less Competition with Other Sellers
Since many people assume winter is a poor time to sell, inventory tends to dwindle this time of year. Listing your home now gives you more attention from buyers, as opposed to competing in a saturated market come spring. Because of this, January is one of the strongest months for homes to go under contract.
Showcase Your Home’s Winter-Ready Features
An increasing number of today’s buyers prioritize low utility bills. In Ohio, there’s no better time to show off your home’s energy efficiency than in the winter. Emphasize features like the gas fireplace in the living room, the gutter guard system you installed last year, and your recently replaced furnace. If your home lacks these winter-ready features, consider making some value-boosting improvements before you sell.
Work with Serious Buyers
Not everyone who looks at houses for sale is serious about buying. Some people browse listings because they’re contemplating a move or simply curious about what’s on the market. However, with fewer homes for sale in the winter, casual browsers tend to lessen, and serious buyers come out in full force. These house hunters don’t want to wait until spring and possibly miss the chance to buy your beautiful home.
Take Advantage of Buyers’ Year-End Bonuses
Many working professionals receive performance reviews at the end of the year, with bonuses that may allow them to expand their house-buying budget. This is good news for sellers who don’t want to end up slashing their prices to accommodate a buyer’s lower budget.
Attract People Moving for Work
January and February are two of the busiest months for corporate relocation. These buyers are in a hurry and don’t have the luxury of waiting until spring. They want to relocate their families and settle in as quickly as possible, so they’re more likely to sign on the dotted line rather than comparing other options and dragging their feet for months.
In short, if you prefer to sell sooner rather than later, don’t be afraid to list your home in the winter. Vutech | Ruff, Corcoran Global Living is here to help no matter what time of year you sell. We have been recognized in HER Realtors Top Ten every year since 1998, so you know we’re more than qualified to help make your home sale a success. To speak with one of our knowledgeable real estate professionals in Columbus, OH, please contact us online or call us at 614-897-0618.