Selling your home at any time of the year is a daunting task, but some seasons may have benefits over others. Let’s take a look at some benefits of selling your home in the Fall.
Summer is usually the most popular time for buyers to look for a new home. Listing your home during the autumn months means there will be fewer houses on the market. The positive characteristics of your home will stand out more with fewer options to compare to. Buyers looking to purchase a home in the fall are usually much more serious and eager to find something quickly. This may result in higher offers and quicker turnaround times.
In a summer market, there are so many homes that prices are inflated, and offers are high to compete with the saturation. In the fall, you’re more likely to get offers very close to your asking price. This may seem like a negative effect, but realistic offers come with realistic outcomes. Negotiations usually go smoother, and there are fewer discrepancies between buyers and sellers during the process.
Less Expensive to do Repairs and Improvements
During the fall and holiday season, big ticket items like appliances and lighting fixtures are generally less expensive. Sales and clearances are around every corner at big box stores so you’ll be able to stock up on the essentials while potentially increasing the value of your home. You can check out Consumer Reports for a complete list of the best time to buy certain items.
Lower temperatures mean less stress when getting your home ready to sell. It also makes it easier for potential buyers to tour your home and property. If you have a lot of trees in your yard, the changing leaves will make your property look more inviting and cozy.
There’s no reason to look at selling your home in the fall as a disadvantage; it’s actually the complete opposite.