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On average, it takes about 70 days to sell and close on a house. If you don’t want to wait that long, you might wonder how to sell it faster.
One option is to list it at the right time. What is the best time of year to sell a house? Are you wondering when to list your home?
The best time of year varies, but here is some information to help you know when to list your house.
Agents Often Recommend Late Spring
Most real estate agents recommend listing a home in the late spring to early summer. They often claim that this is the best time to sell a house, and statistical data backs this up.
When you list in the late spring and early summer, you might expose your home to more serious buyers. You might also find that more people are shopping for homes at this time.
The spring is a common time for people to purchase homes because it allows them to move during the summer. If you put an offer on a home in April, you probably will close at the beginning of June.
Closing in the summer is the perfect time for families with children to move. They won’t have to uproot their children in the middle of a school year, plus the weather is nicer in the summer.
If you want to get an offer faster, you might want to wait until spring to list your house for sale. You might also receive a higher offer for your home if you sell it at this time.
Read Also:
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- House Moving: 5 Key Ways to Sell Your House Fast in 2020
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- 3 Essential Tips to Sell a Home Today
There Are Also Benefits of Selling a House in the Fall
As you research when to sell a house, you might also discover that there are some perks of selling a house in the fall. While you might not sell your house as quickly in the fall, the fall tends to be the second-best time to sell.
If people didn’t buy homes during the summer months, they might be in a rush to find one they can move into before the holiday season rolls around. Therefore, there will be people shopping in the fall for homes to buy.
Another benefit of selling a home in the fall is that there might not be as many homes for sale. If most people sold their houses in the summer, the inventory of homes for sale might below.
With fewer homes for sale, you might have a greater chance of someone choosing your house. If you decide to sell it in the fall, try to list it at the start of the fall season or late summer.
The Winter Is the Most Challenging Time
Selling a house in the winter is probably the most challenging time to find a buyer. The winter is a time when people don’t necessarily want to move. It’s cold outside, and they might not have the extra money due to the holidays.
Therefore, if you want to sell your house in the winter, you should prepare yourself for some challenges. Fewer people are shopping for homes at this time, and home values tend to decrease.
If you find a buyer during the winter, they might offer less for your house. You should expect to receive lower offers during the winter. People are not as motivated to buy a home and move into it during this time of year.
The Economy Also Affects the Market
When you’re selling a home, it’s important to understand that the economy also affects the real estate market.
If you’re selling at a time when the economy is struggling, you might have difficulties finding a buyer. You might also have to lower your price.
There are fewer people shopping for homes at this time, but there might be a lot of homes for sale. A time like this is ideal for someone who wants to buy a house, but it isn’t the ideal situation for a person who wants to sell.
When the country is experiencing a booming economy, you might have an easier time selling. A booming economy often means that people have more money to spend. It can also mean that interest rates are on the low end.
A time like this often leads to fast sales and higher selling prices. If you can aim to sell during this type of season, you might face fewer challenges. You might also have a quick sale.
You Can Sell Faster Through a Cash Buyer
As you read through home selling tips about choosing the best time to sell, there is one more thing to know. You can sell a house really fast if you find cash home buyers in your area.
What is a cash home buyer, you might wonder? Cash home buyers are real estate investment companies that purchase houses for cash.
The good news is that they buy all types of homes, and the condition doesn’t matter. They won’t ask you to fix anything or pay for any expenses. They’ll make an offer for your home, and you can accept or reject it.
If you choose to sell your house to a company like this, you’ll want to start packing right away, as you could potentially close on it within only a few weeks.
Selling a house like this is the easiest and fastest way to sell a home.
Listing at the Best Time of Year to Sell a House Might Help
So, what is the best time of year to sell a house? As you can see, several factors affect the answer to this question.
If you want to sell your house fast, you might want to list it in the spring, though, as this tends to be the best time. You can also sell it quickly by finding a cash buyer to purchase it.
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