It’s not easy to sell your home, especially if you have an emotional attachment to it. But sometimes there will be certain reasons that will push you towards selling your home. Either your family grows, you want to have a fresh start, or your home needs more and more repairs. These are all relevant reasons for selling your home. You have to wonder though, when is the right time to sell your home? Let’s find that out right away!
Which is the right season for selling your home?
A lot of people want to sell their home in the winter or fall. That can be a problem, because not only is it hard to move your stuff due to the weather outside, but most people won’t be interested in purchasing a home at that time. Those that do purchase your home during the winter will move in the spring anyways.
The summer can be great for selling your home, but again, a lot of people enjoy their vacation. Not everyone is ok with the idea of cutting down their vacation days to sell their home and move to a new property. That eats up a lot of vacation time, and they usually avoid that.
So, when should you sell your home? The optimal season for home sales is spring. That’s when you get to sell your home without a problem because most buyers want to purchase right away. A lot of buyers will be interested in the property, and you can get a better bang for your buck this way too.
When should you consider selling your home?
Now that you know when to sell your home, you have to figure out the best time to sell your home. Usually, it all comes down to some very specific reasons for everyone. As we mentioned earlier
when your family grows you do need a lot more space. And home expansions are messy, not to mention very expensive and time-consuming. That’s why selling your home can be a really good idea at this particular time.
Also, you want to sell when the interest rates are low. This way you can maximize your profits and not pay a lot of money on the new home that you are about to purchase. Of course, if you see that sales prices are very high, it’s a good idea to list your home as fast as possible. The last thing you want is to list your home when prices are low, as no one will buy it.
It’s important to see if your home needs lots of repairs. While you can remodel/repair and try to sell for a profit, you won’t always get the return on investment that you want. So, it’s really important to sell your home instead of dealing with costly repairs.
One thing is certain, if you want to sell your home, do that in the Spring. Most buyers will scour the market at that time, and it’s the best time to purchase anyways. Keep in mind that you should always study the market because that’s how you can figure out when it’s the right time to sell!
Don Stevens Realtor
102 W Seneca St
Manlius, NY 13104