Contrary to popular belief, the fall is actually a great time to sell your home. You'll face less competition and have a more serious pool of buyers to work with when you go on the market.
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Today we wanted to talk about why fall is a great time to sell your Greensboro house.
Most people think spring and summer are the best times to sell your home, but there are a number of reasons why you can sell successfully in the fall. For one, there will be less competition in the fall market. The people who think you can only sell in the spring and summer might pull their listings off the market, or they may have expired.
Also, buyers at this point are more serious; they've been looking for homes all summer and they're ready to finish their home search before the holidays. You should also consider job transfers, which tend to start in January. People relocating for work want to have their home bought before the holidays, which is when they typically have vacation time to move and relocate.
Fall buyers are more serious buyers.
Homes in the fall sell more quickly, too. In addition to selling faster, homes actually sell for more money in the fall as well, commanding a 1% higher average price than they do in the spring and summer. It may seem small, but every penny counts!
You do have to be careful about how you list your home in the fall, however. It's a time when people are ready to pull the trigger, so you want to make sure you have a perfect price when you list. Price competitively so that your house doesn't sit on the market for long.
If you have any questions about listing in the fall, give us a call or send us an email anytime. We'd love to hear from you!