Most people think that during the fall holiday season, most people aren't looking to buy a home so they should wait until spring to sell. They would be wrong! This is the crowd mentality and everyone knows, in real estate, to get the most profit and make the best deals, go in the opposite direction of the crowd. Since most people will be taking their homes off the market during the fall and holiday season, you should put yours ON the market, there are still people looking for a home to buy, and they are serious and motivated to buy. They must buy, or why would they be looking in the fall and holiday season? Circumstances dictate they they have to buy during this time.
Here are 3 reasons why you should sell now.
1. Demand is strong during this time. With less competition (listings to chose from), you are in the driver seat. If someone needs to buy right now, and you have a listing they want, or several people want, you get to demand a higher price.
2. There is less competition. According to NAR’s latest Existing Home Sales Report, the supply of homes for sale is still under the 6-month supply that is needed for a normal housing market at 4.7-months. Salt Lake County's numbers are even better, estimated at 2.6 months worth of inventory.
3. Quicker Process. During this time of year, lenders, appraisers and inspectors are really slow, when you decide on the right buyer, the process will go much faster than during the busy months.
Call us to see how you can benefit from a fall marketing campaign, or click on the button below and tell us about your home!