12/13/2018
Here are some great stats and reasons to list and sell now in the winter and NOT spring !!
In fact in most cases home sellers are better off trying to sell their home in the winter season
MYTH VS REALITY - WHY SELLING YOUR HOME IN THE WINTER MONTHS CAN BE SO SUCCESSFUL
BABY ITS COLD OUTSIDE BUT THE REAL ESTATE MARKET CAN BE HOT!
A 2 year study shows that homes listed from December 21st to March 21st period were more likely to sell, would sell sooner and for a higher to sales to list price ratio than during any other period in the year.
More people need to buy a home in the winter, whether it’s because of a job or major family change like a job promotion, family status change, is sometimes the will to pay top dollar.
HOME SALES IN THE WINTER MONTHS OVER THE LAST 3 YEARS HAVE INCREASED ON AVERAGE BY 4.5% - LESS HOMES ON THE MARKET BUT BUYERS ARE STEADY AND MOTIVATED
HOMES LISTED IN THE WINTER SELL FOR 1.2% HIGHER SALE – TO –LIST RATIO
Homes Sell 1 WEEK FASTER
AND Homes ARE 9% MORE LIKELY TO SELL
If you’re ready to sell your home, you don’t have to wait to sell . Selling during the holidays and winter months doesn’t have to spell disaster. There are actually advantages to selling your home in the winter!
#1 THE INTERNET HAS NO SEASONS
Traditional home buying and selling seasons have evolved as a result of instant internet access to property listings. 98% of buyers do the bulk of their home searches online, especially when the weather is not great outside. Serious homebuyers are always on the lookout, and are checking out the latest listings.
On their tablets any time of day. Fewer showings more serious buyers.
Make sure your listing has high quality photos, amazing videos, and written selling points and marketing strategies that will attract the most online buyers.
Ask your realtor what digital technology they do. How many websites are your home listed on, is your realtor or their team accredited and recognised by Google as one of the most credible. YOU NEED TO ENSURE YOUR REALTOR IS AN EXPERT FOR ATTRACTING ONLINE HOUSE HUNTERS.
#2 COMPETITON DRIES UP
Come spring, sellers will flood the market and your home will be just another of many more in a huge grouping. Inventory falls on average by 50% from November to March. That’s 50% less competition on the market if you list your home during the winter. Buyers have fewer homes to choose from increased chance of getting a higher price.
# 3 BUYERS MEAN BUSINESS
Most job relocations, expiring leases, life changing events happen in the New Year and winter months.
SERIOUS BUYERS ARE OUT TRUDGING AROUND IN THE COLD AND SNOW not snuggled by the fireplace.
#4 YOUR HOME SHOWS OFF BENEFITS BETTER IN THE WINTER
There are advantages to selling in the winter when it comes to highlighting no-so-noticeable upgrades like extra insulation or a new high-efficiency furnace.
According Natural Resources Canada , properties with energy efficiency certificates tend to sell for higher prices than homes without. The upgrades in your home can easily be highlighted in the winter months when buyers can see and feel the advantages of an energy efficient home.
For more Help on selling your home this winter message me today...