Is It Better To List A Home In The Spring Or Winter?
When you’re wanting to sell your home or one of your investment homes, you might wonder if it’s better to try to sell it in the spring or winter. Just as clothing shoppers flock to the stores after a particular season to shop the clearance deals, you may wonder if home shoppers do the same thing.
This is not necessarily the case, but there are some things you should consider as you enter the market regardless of what time of the year it is.
What Times of the Year are Better for Buyers?
You might not really be able to time the purchase of a home. The reason is because buying a home is a journey. Buyers do their research and as such, start journeying toward buying a home. It’s not like one day they decide and the next they make a purchase.
Interestingly, many realtors notice is that there are more homes on the market in the fall and spring. For one reason or another, real estate inventory is just higher in those two seasons, so more houses on the market means there are more choices for home buyers. This may cause you to list a home in the summer or winter.
Winter and Holidays are Great Times to List
You might not think that the holidays and the chilly winters get a lot of home buyers’ looking, but the truth is that a serious home buyer is ready to purchase at any time. They’ve done their research, they’ve got the money, and they want to look. Should they see something they love around the holidays or when it’s freezing cold outside, they won’t care.
They’ll make an offer anyway. This means you can feel alright about listing your home in the winter and around the holidays. Many real estate agents have signed contracts around the holidays in winter.
Is There a Best Day to List a Home?
Some say Sunday is a great day to list a home. I think it might not make a huge difference, but if time is really of the essence, you might want to try it out. Of course, if you’re looking for tenants that will eventually purchase the property, the day you put the ad out there might not be as important as if you were selling it outright.
Try not to fret about timing your house listing, as there are always buyers ready to purchase at all times of the year. If you have any questions, talk to your real estate agent. If you’re using my Niche2Wealth strategy for REI, the time of the year that you list your investment probably won’t be a huge factor. Just go ahead and list it as soon as possible, because time is of the essence when you’re purchasing homes using the ‘subject-to’ strategy.