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Winter seems to be the season when selling a property would be a bad idea. It’s because one assumes that everyone is in their homes getting cozy and feasting on holiday delicacies. Besides, who would want to go outside searching for houses to buy and moving their stuff in when it’s freezing cold?
If you agree with these points, think again. There are plenty of advantages of selling your home from December to February and we’ve listed them below. Read on and find out what they are.
There aren’t many house sellers listing their properties in the market. This means you’ll have less competition for attracting the best buyers. You can also save more money as a seller because you don’t need to spend a lot on listing and advertising.
Winter house buyers are more motivated and mean serious business. Which is why you can expect your home to sell fast during this time of the year. There’s no consensus to explain this phenomenon. But one can deduce it’s because of the low housing inventory.
There’s no better season for showing how well your home can handle harsh weather than winter. Nearly all houses are comfortable to stay in during a rainy or hot day. Only a few are cozy when it’s snowing outside. Plus, if your home has a hot tub or chimney, it would also look more appealing during the season of frost.
Most couples with newborns or infants would want to start the new year in a bigger home. Typically, mothers would be the ones actively searching for listings during winter. You should also pay extra attention to new couples because they tend to be first-time homebuyers.
Corporations tend to make job relocation and personnel changes during the start of the year. Some even inform their employees during December making them actively looking for houses to reside in as preparation for the next year.
The season of frost makes homes look cozier than they should. It may be due to the feel of the yuletide season, decorations, enhanced architecture, or just the weather. This is a major advantage that selling a house in spring, summer, and fall lacks.
Most house buyers looking for homes in winter to prepare for job relocations receive financial assistance or relocation benefits from their employers. And as mentioned, there are also fewer properties listed on the market during the winter season. You could receive fewer counteroffers making you get a deal that’s close, exact, or even more than your asking price.
The last advantage of having less house selling competition during winter is that real estate agents won’t also be busy. If you want to hire one, you can expect them to be focused on finding the best buyer for you and close a deal as quickly as possible.
If you’re convinced that you should sell your house this winter season, stay tuned for the next article. We’ll discuss the best home showing tips to make your home highly appealing for the season of snow.
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