Ditch that old school mindset that homes ought to be listed in the spring time. Here are 3 quick reasons why you should be listing your home this winter.
1. Buyers are More Motivated.
You know if they’re going out in the cold, they’re not just browsing, they are serious about buying their home and these buyers make a strong reason to list your home.
During winter, those looking for homes are typically more committed. When it’s cold outside, people are less likely to go out just for a casual look. Those braving the cold are serious about finding a new place to call home. By listing your home in winter, you attract these motivated buyers who are actively seeking to purchase rather than just explore options.
2. Less Inventory.
It’s basic supply and demand – There has been huge difference in the ratio between inventory and demand throughout 2023 and that just keep growing wider and wider. If there is less inventory you have more bargaining power.
In simple economic terms, when there’s less of something (in this case, houses for sale), and plenty of people wanting it (buyers), the value tends to go up. With fewer houses on the market, you have a better chance of getting a favorable deal. Less competition among sellers means you might have more negotiating power and could potentially secure a better price for your home
3. Low Competition.
If you know that everyone else will be listing in spring, then chances are if you do as well- there will be more competition for buyer’s attention. Take advantage of the monopoly you could have in the Winter.
While many sellers wait for spring to list their homes, doing it in winter could give you an advantage. Imagine a smaller stage with fewer actors – that’s the winter housing market. With fewer homes available, your listing gets more attention. Buyers have fewer options to choose from, so your home stands a better chance of being noticed and considered, potentially leading to a quicker sale.
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