According to the National Association of Realtors, the busiest four months—May, June, July and August—make up 40% of annual home sales volume. But that doesn’t mean agents like myself just pack up and go on vacation during the rest of the year. And neither should you!
In fact, there are distinct advantages to buying and selling during the winter months. Here are just a few reasons to make your move today.
5 REASONS TO SELL
Serious Buyers – By selling during the “slow” season, buyers are less likely to be browsing and more likely to be focused on closing. You’ll also get fewer looky-loos at open houses.
Less Crowded Market – During the winter, there are fewer listings to contend with, giving your home the opportunity to really stand out from the competition and sell even faster.
More Time to Buy – Between paid holidays and vacation time, buyers have more free time to house hunt! You can likely pack in more showings, increasing your chances of a quick offer.
The Best Holiday Gift – Tis the season for home, family and cozy nights by the fire. If your listing evokes a strong emotional connection in a buyer, closing the deal will be simple.
Stress Less Next Summer – When the weather warms up, do you want to want to deal with the hassles of packing and moving? By selling in winter, you’ll free up more time for fun.
5 REASONS TO BUY
Less Competition – Between colder weather and holiday festivities, fewer people are out house hunting during the winter. That means fewer buyers and offers to compete against.
Sellers Want to Sell – Moving during the winter isn’t ideal, but a seller’s life changes may require it. And motivated sellers may be willing to negotiate, price, closing times and more.
Faster Closings – With fewer transactions in the winter months, lenders will often have more time to tackle your loan paperwork, so you can get settled into a new home quickly.
Problems Are Easy to Spot – Winter can reveal a home’s worst traits like drafty windows, poor insulation, damaged gutters and more. You can either pass or negotiate a great deal.
Movers are Available – While warmer months are a busy time for movers, it will likely be easier to schedule a company in winter, even score a discount if business is extra slow.