Why to List Your House for Sale this Fall
If you’ve been thinking about the possibility of selling your house sometime in the near future, this fall might just be a great time to do so!
1. People are Looking. A Lot.
A leading real estate software company (ShowingTime) that provides online home showing appointments for a huge amount of Realtors, reports that buyer traffic this season is already up nearly 61% of where it was this time last year. This year's pandemic has many people considering where they live, and how their new needs, brought on by how we are all living, day to day has changed what they need in a home. The need for more room for home schooling, the need for dedicated home offices, even a better kitchen since we are eating so much more at home these days. All of this has created an attractive outlook for anyone considering selling their home.
2. A Lot of Interest. Not a Lot of Homes for Sale!
The National Association of Realtor (NAR) reports that the number of home for sale this year compared to last year, is down nearly 19%. It is a seller's market! While many people did not list their homes because of the pandemic, that might change in the months ahead. Best to get your home out there now before the market adds additional properties for sale.
3. Less Competition Overall
Spring and summer are the real estate market's busiest months. That can make it hard to have your house stand out from the crowd. Selling during fall and winter means that agents have more time to focus on showing your property, you have less competition on the market, and your house can stand out.
4. High Demand
While there aren't as many people who list their homes during the fall months, the demand for homes remains consistent year-round. But when there is more demand than listings, that only means good things for you, the seller. Take advantage of this and list your home in the fall to avoid much increased competition in the spring and summer months.
5. Serious Buyers
Often, buyers in the fall might be more in 'decision-making mode'. They have spent the summer months researching and looking and by fall have a much more clear vision of what they want.
1. People are Looking. A Lot.
A leading real estate software company (ShowingTime) that provides online home showing appointments for a huge amount of Realtors, reports that buyer traffic this season is already up nearly 61% of where it was this time last year. This year's pandemic has many people considering where they live, and how their new needs, brought on by how we are all living, day to day has changed what they need in a home. The need for more room for home schooling, the need for dedicated home offices, even a better kitchen since we are eating so much more at home these days. All of this has created an attractive outlook for anyone considering selling their home.
2. A Lot of Interest. Not a Lot of Homes for Sale!
The National Association of Realtor (NAR) reports that the number of home for sale this year compared to last year, is down nearly 19%. It is a seller's market! While many people did not list their homes because of the pandemic, that might change in the months ahead. Best to get your home out there now before the market adds additional properties for sale.
3. Less Competition Overall
Spring and summer are the real estate market's busiest months. That can make it hard to have your house stand out from the crowd. Selling during fall and winter means that agents have more time to focus on showing your property, you have less competition on the market, and your house can stand out.
4. High Demand
While there aren't as many people who list their homes during the fall months, the demand for homes remains consistent year-round. But when there is more demand than listings, that only means good things for you, the seller. Take advantage of this and list your home in the fall to avoid much increased competition in the spring and summer months.
5. Serious Buyers
Often, buyers in the fall might be more in 'decision-making mode'. They have spent the summer months researching and looking and by fall have a much more clear vision of what they want.
