If you’re thinking of selling your home, the winter months may actually be the best time to do it. According to YChart data, November 2017 sales of existing homes in the U.S. hit a post-recession high. They’re simply isn’t sufficient housing to satisfy a hungry market.
Here are a few other reasons you may want to consider selling this winter if you’ve been waiting for the right time to sell.
Winter Buyers are Serious Buyers
People who shop for a home in the middle of winter aren’t “lookie loos” who never have an intention of buying. They’re usually serious prospects determined to find what they need as quickly as possible. You’re more likely to receive bids and buyers are probably pre-qualified, too.
Relocations Occur Frequently
Rhode Island has plenty to offer and many buyers move for our unparalleled natural beauty, access to the sea, and friendly communities.
Additionally, an Atlas Van Lines 49th Annual Corporate Relocation survey found 38% of companies with over 5,000 employees also relocated 400 or more employees in 2016, because they needed to move talent or they grew.
The healthcare, tourism, manufacturing, education, and financial services industries employ a mobile workforce, and your home could be precisely what a qualified buyer needs when they’re transferred to Rhode Island.
Winter Showcases Energy-Efficiency
Have you invested in energy-efficient measures to lower your heating and cooling costs? Winter is the ideal time to showcase these extra such as new windows and doors, added insulation, an energy-efficient furnace, or a snuggly gas fireplace.
Buyers do not want to spend a fortune on heating their home, and if your place is toasty during the coldest months, it’s a big selling point.
New Year – New Start
Many people want to start the New Year in a new home. They may want to upsize, but can’t afford their current market. They want to downsize, because they’re tired of paying for space they no longer use. Perhaps they’re tired of their home, and just want a change.
More Listing Attention
When winter sets in, people are less likely to traipse around looking at houses and more likely to scour listings. It’s the ideal time to create a warming, inviting environment that looks good in photos. Throw some blankets over the sofa, light some candles, and illuminate the entrance for curb appeal. When people like what they see, you’re more likely to get qualified, motivated buyers.
There are usually fewer properties on the market in the winter months, too, so you’ll get more people looking.
Opportunity to Make Your Home Irresistible
Selling during the winter provides an opportunity to set your home above the rest. Shovel the walks, turn on the heat, and serve hot beverages. Remember, buyers want to envision themselves living in your home, so make it as comfortable as possible.
Add extra lighting to any dark areas of your home, store away the knickknacks, and keep your home spotless.
If your home needs refreshing or repairs, try one of Rhode Island partners. They can repair drippy taps, fix a troublesome door, or recommend paint colors to best showcase your home.