Wednesday, November 28, 2018

Embracing Winter When Selling Your Home

There really is no reason to wait until spring to sell your home if you find yourself ready right now.  The winter weather doesn’t have to give you pause.  In fact, if years past is a predictor of the future, selling your home during the winter months has gotten easier.  This is especially true as the inventory for homes continues to struggle to meet buyers demands, leaving home buyers to seek out homes throughout the year and not just during the spring and summer seasons.

When placing a home up for sale during the winter it may be wise to avoid marketing your home for sale during the holiday months.  November and December are filled with the chaos of the holiday season and therefore it can be quite stressful to have realtors and potential buyers in and out of the home all the while you are preparing to entertain.  There are many reasons not to wait until spring to sell your home and instead to list it for sale at the beginning of a new year including:

Winter Home Buyers are as Serious as Winter Home Sellers

Winter home buyers prove how motivated they are to purchase a new home each and every time they layer up to go house hunting.  Think about your motivation even with the idea of opening up your home for walk throughs even though the beauty of the snow has faded into the muck of melt.  Winter sellers and buyers are some of the most serious, motivated individuals.  They are ready to find what they are looking for if only to prevent having to trek out and about in the cold once again.

Days on Market Means Less in The Winter

Although there are fewer buyers throughout the winter months, their motivation is higher and therefore they are less concerned with the frivolous details that can lose a sale such as the number of days the home has been on the market.  During spring, a home that has been on the market over 50 days gives buyers the impression that something is wrong with the home.  This criterion however is not the same for homes for sale in the winter where homes are expected to be on the market a bit longer just because of the decreased number of buyers looking.

Lack of Competition

Let’s face it, there are fewer homes to choose from in the winter, so the competition isn’t quite as fierce as it can be in the spring and summer months.  Home sellers are most likely looking to sell their home because they have found one, they are interested in purchasing.  Negotiation when a contingency is in place may be more acceptable during the winter months where there are fewer buyers competing to buy your home.

C21 Lady of the Lakes is a full-service realtor serving Livingston County and the surrounding areas with all their real estate needs.  More information can be found at http://www.ladyofthelakes.com/

Thursday, November 8, 2018

Selling Your Home During the Holiday Season

The holidays are upon us!  Some of us are seeing snow flurries, the cold temps have settled in, and you need to sell your house!  While most of us are busy preparing for family gatherings, feasting on festive meals, and wrapping last minute presents some of us are preparing to relocate.  Yep, you probably guessed it, the holiday season is not ideal to be selling or buying a home for most of us.  Our plates are already too full and the last thing we want to be doing is having people trekking through our homes in wet boots.  It is also not an ideal time due to the already abundant financial and emotional stresses that find most of us during the holidays.
This is how the experts at Century 21 Lady of the Lakes can help!

Asking Price – Price Your Home to Sell

If you are trying to sell your home during the madness of the holiday season it is not time to over price your home.  Listen to your realtor, they know what they are doing when it comes to pricing your home to sell.  Buyers often have the luxury of waiting until the warmer weather approaches if they think your asking price is too high.  Buyers have the option to keep looking, do you have that same luxury?  All sellers want to sell their homes for the highest price possible, however it is important, especially given the time of year that you listen to your realtor.  They know what you can expect based on the current market, the sale price of other homes in your area, and the amenities your home has to offer.

Incentives

Create an environment that is open and inviting.  Offer buyers incentives to buy your home and deal with moving in the winter.  Consider updating the appliances in the kitchen or covering the buyers closing costs.  Sellers concessions and improvements to the home are just some of the many ways that you can make your home more appealing to buyers.

Decorate – Festive Displays

Buyers want to be able to picture themselves living in your home, so create an environment that does this for them.  Create the holiday spirit by staging your home with all of your very best décor.  Create curb appeal with outdoor decorations, fill the house with festive smells, and create a space that buyers cannot resist.  A space where they can totally immerse themselves in as their own.

Use the Weather to your Advantage

As miserable as it is to have people trampling through your house, think about the buyers who are trekking in and out of homes day after day.  Of course, this would put even the jolliest home buyers in a bad mood, so it is your job to make sure that doesn’t translate into how they feel about your home.

You can help create a more positive vibe by creating a warm, welcoming space.  Light candles, start a fire in the fireplace, provide warm beverages, and homemade treats.  The longer they linger in your space, the more likely for it to feel like their space.
C21 Lady of the Lakes is a full-service realtor serving Livingston County and the surrounding areas with all their real estate needs.  More information can be found at http://www.ladyofthelakes.com/.