Discover the Best Time of Year to Sell a House Fast

Model house in the meadow with grass and daisies in the evening

Sellers want to sell their homes quickly and get a
fair price. Agents help sellers by researching the best
time of year to sell a house without losing money on closing day. The past few years have been a seller’s
market, with more qualified buyers than available homes. As this market finally
starts to slow down, smart sellers get maximum dollar for their properties with
the right timing and price.

Selling a House Fast

Some sellers want to sell a house fast. They might
need the money or have another home in mind and don’t want to lose the
opportunity. Recent research revealed the first week of April
is the best time to sell homes fast and for a great price. There is less competition,
more views, and a house sells almost a week faster with minimal risk of a price
drop. Other research indicates the first two weeks in
May are the best time to sell a home. Savvy agents guide clients into the ideal
timing to achieve their goals. However, spring is not the time to get the
highest price for a home.

Getting the Best Price for a Home

Other sellers need to get top dollar for their properties to move forward. Prices traditionally peak in June. Potential buyers saturate the market with the idea of closing on a house before the kids return to school at the end of summer. Some parents are eager to move into another school district and are willing to pay a premium to do it. Agents should get to know the buyers’ situation and negotiate a deal accordingly to benefit the sellers.

Keep Track of Current Mortgage Rates

Successful real estate agents have a finger on the
pulse of local market conditions, comparable sales, and mortgage interest
rates. When the rates go down, buyers want to get into the market to avoid
paying a higher rate in the future. A shift in mortgage rates can lead to more
buyers than inventory, so homes sell quickly and for more money. Competitive
mortgage interest rates may lead to bidding wars that ultimately benefit the
sellers – and an agent who negotiates the best deal.

The Seasons of Selling a Home

The season is another factor agents must consider.
Each season brings unique marketing conditions. Because few people want to move
in the winter, these buyers are motivated and might be facing deadlines.
Motivated buyers are willing to act now and agree to the seller’s bottom line.
In the fall, sellers face less competition, and investors recognize the cost
for home improvements tends to be less at this time. Houses sell faster in the spring and sellers can get more money in
the summer. Well-informed agents can make a strong case for selling a house any
time of the year.

Weathering the Weather

Current weather conditions also play a role in house
hunting. Buyers might not want to head out to look at homes for sale in a
winter storm or during the heat of the summer. Curb appeal is best during the
spring and summer when gardens are in full bloom, and the lawn is green. In
snowy states, buyers might not be able to see the benefits of a property
covered in a wintry blanket. And agents should be aware of seasons that bring
hurricanes, tornadoes, and other natural disasters people want to avoid.
Encourage sellers to list a home when potential buyers can fully appreciate it.

Figuring Out Finances

A successful real estate agent recognizes the
inevitable ebb and flow of finances. Many people get a tax refund at the
beginning of the year, giving them extra money for a down payment and home
repairs. During the holidays, people are often reluctant to spend money they
may need for gifts or other celebratory expenses. When a large corporation
opens in the neighborhood, it could bring recruits and attract people looking
for jobs. Agents must be aware of local happenings to be well-prepared to help
sellers and buyers make their dreams come true.

Timing is Crucial

Agents must know the right time of year to sell a
house. Then the listing should appear when more potential buyers will see it.
Saturday is typically the best day to list a house and market it because more
people are home from work and researching homes for sale. A new listing soars
to the top of the results. Motivated buyers who want to be first on the scene
will contact an agent immediately to see the house. The right listing day can
help accelerate the time it takes to sell a home.

Pull Out All the Stops

Whenever sellers decide to list and sell a house, an
agent must pull out all the stops to market it. Knowing the seasonal
differences, market conditions, and financial factors help agents target their
marketing campaigns to reach the right buyers. Robust social media campaigns
are an excellent way to focus on news, trends, and use this information to
market houses. Better Homes and Gardens® Real Estate agents are affiliated
with a leader in the social
media
space to
help them reach more potential buyers.

Knowing the best time of year to sell a house fast is just the
beginning. Top earners also gauge a myriad of other factors to determine the
most viable time to list a home. An agent who can sell a property quickly for
top dollar is sure to get plenty of referrals after closing
day.

The post Discover the Best Time of Year to Sell a House Fast appeared first on Clean Slate.

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