There are some great reasons to sell your home during the winter, whether that’s by necessity or choice.
Check out these seven top tips that weigh up the advantages and challenges of selling at this time of year.
Less competition
Fewer homes are for sale at this time of year. That’s good news for you, as this gives buyers less opportunity to play one seller off against another when negotiating a deal.
Stand-out
Your home has a much better chance of standing out when there are fewer properties of similar type and size in the same neighborhood.
Price consistency
You’ll find less pressure to reduce your price to strike a deal when buyers have fewer choices in the market.
Be flexible
Generally, there are fewer buyers in the neighborhood, so be flexible when they want to conduct a walk-through. As folks tend to be motivated buyers in winter, you’d be crazy to make your property unavailable at a desired time.
No tire-kickers
One of the sweetest advantages of a winter sale is that you’ll only deal with motivated sellers. Tire-kickers who cruise the market only want a bargain tend to leave the market when winter arrives.
Quicker deals
Often, a winter home sale will go through more quickly. With lenders handling fewer transactions, your buyers should be able to finalize their finances rapidly.
Seasonal appeal
It’s an excellent opportunity to make your home cozy and welcoming when buyers conduct walk-throughs. Turn up the heating, keep the lights on and decorate your home with winter touches, such as throw rugs in fall colors.
Nice touch
Buyers often battle the elements to reach your front door. So, offering them a hot drink and cookie is a nice touch before they begin their walk-through.