Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment you’re living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.
Selling During the Holidays
The holiday season often finds homeowners wondering, should I sell my home or wait till the spring? This question has been debated for many years and there are always 2 sides to the argument. Many feel selling during the holiday months is a benefit and others say it is best to hold off.
My goal here is provide you with a list of pros and cons for you to decide for yourself
The best season for selling
Conventional wisdom dictates that spring is the best time to sell a home. In spring, the holidays have past, the new school year is still a while away, and gardens and other outdoor spaces tend to look their best. And while spring is the season that sees the largest amount of buyers, it’s also the season when inventories are highest. This means lots of competition, so if you’re going to sell in spring, you really need to get your property to stand out with effective marketing and staging.
The best day for selling
According to research, Thursday is the best day of the week to list your home for sale. By listing your home for sale on a Thursday, you can make it available immediately for weekend showings. Come Saturday – the busiest day for real estate – your home will have only been on sale for two days, which is great for attracting full-price offers. In general, the shorter amount of time your home remains on the market, the higher the offer you’ll receive.
Myself and my team are always here to talk it out with you, whether you are on the fence or ready to pull the trigger! We pride ourselves on working together with our homeowners to reach the best decision for you and your family.