Conventional wisdom says spring is the best time to list a home. However, there are plenty of reasons why it's advantageous to put your home on the market in late January or February.
Here are eight reasons to list today.
1. Early bird gets the worm
Listing in spring means lots more competition! Capitalize on the largest pool of buyers in winter, when supply is low.
2. No playing around
Buyers who are braving snow, ice and freezing temperatures to look at houses are serious buyers. This means homes listed in the winter months will tend to have fewer showings and quicker offers.
3. Houses tend to sell more quickly
That doesn't mean trudging through ice and snow is enjoyable, however! Winter buyers are more likely to make quick decisions in an effort to avoid endless house hunting.
4. Buyers are antsy
The threat of rising interest rates in the spring pushes some buyers into the market earlier than usual—buyers may start making more offers as early as February figuring that higher interest rates will make homes less affordable when spring does arrive.
5. Avoid market saturation
If your house is the only comparable one on the market, you'll have a lot more interest than when two or three similar houses in your price range are for sale in your neighborhood.
6. Exterior projects can wait
Listing photos certainly look nicer with green grass and leafy trees, but putting your home on the market in the dreary months does have advantages. You'll get to skip the constant mowing and upkeep, and buyers won't pay as much attention to landscaping.
7. Influx of transfers
Many large corporations often transfer or hire employees at the beginning of the year, which makes for lots of motivated winter buyers.
8. Buyers are trained to look 24-7
Whereas in the past buyers waited until spring to start house hunting, today's buyers look at listings all day, every day from their smartphone and email. There's no reason not to act now!
Connect with a Cutler Realtor
to list your property. Our real estate professionals can put together a marketing package with beautiful photography, video tours, social media promotion and more.