Fall is the season for warm sweaters and comfort food. What you might not know is that it could also be the perfect time to sell your home. While many sellers believe you should only put a house or condo on the market in spring or summer, that simply isn’t true. In fact, there are many unique benefits to planting that “for sale” sign after the weather has started to cool.
As the days get shorter and the air gets brisker, consider these five reasons why you should think about selling your home in the fall…
1) It’s in line with buyer beliefs
Buyers and sellers tend to believe that there are two major real estate markets (spring and summer). Based on this belief, they often decide to jump into the market in the fall. As a seller, you can capitalize on this seasonal interest—and work with more qualified, well-prepared buyers. Homebuyers also benefit, because more sellers in the market means a larger selection of homes.
It’s also worth noting that after labour day, many homebuyers view the market with a renewed sense of optimism. That’s good news for sellers since eager home hunters tend to recognize a great house or condo when they see one.
2) Buyers are often ready to purchase
In addition to being optimistic, homebuyers are often more serious about making a purchase in the fall. While many home hunters start comparison shopping when it’s hot outside, it can take a couple of months before they’re ready to make a decision. But by the time September or October rolls around, those who have been holding out are usually feeling more prepared. It’s not uncommon for buyers to commit to a home right before the cold weather swoops in, which gives them time to settle in before the holidays.
3) The timing might be right for your target market
There’s no doubt about it: fall is a hectic time for families. And for some parents, back-to-school season isn’t the ideal time to look for a home. Luckily, there are other buyers out there. Your house or condo might be just as attractive to an ambitious young professional or a pair of empty nesters as it is to a family. Your real estate agent can help you determine who your target market is—and help you appeal to the largest pool of buyers possible.
4) You can take advantage of fall curb appeal
Fall is the perfect time to create curb appeal. With the right autumn decorations, you can make your home look cozy and inviting.
Start by raking up leaves and power washing grimy surfaces—like your dusty steps. Give your front door a coat of paint if it needs it, and consider using an eye-catching seasonal colour. Lastly, think about potential decorative touches. You’d be surprised by the welcoming effect that a fall wreath or a set of lantern-style light fixtures can have.
5) You’re ready to move!
Some sellers spend a lot of time thinking about the most profitable time to put a home on the market. But when you get right down to it, the best time to sell is when you’re ready. When you have all of your ducks in a row, the selling process is bound to be smoother and less stressful. And remember: no matter when you decide to list, your agent will be there to help ensure that your sale is as quick and profitable as possible.
So when it comes to selling your house or condo, don’t worry so much about whether the timing is right. Think about whether the timing is right for you.
Ready to sell your home? We can help you get the best possible price. Contact us and let’s talk about it!
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