It can’t be argued that most Realtors will tell you Spring is the best time to showcase your home for sale. There’s heightened foot traffic, and after the long winter months, people are ready to buy. However, there’s a downside to selling in the Spring— more competition. Other sellers are thinking exactly the same thing, so the competition to get your home sold in a flooded market is intense. However, we are currently entering the next best season to list your home— Autumn!
Here are 4 reasons why listing this Fall is the way to go!
- During Richmond’s typical Indian summer, you still have people looking to attend open houses. Buyers who have children also have more time look now that school is back in.
- Buyers can still see your curb appeal, and are eager to get cozy in a new home before the cold months and the holiday season hit.
- As we get closer to the winter, inventory on homes traditionally goes down. This can mean more demand for your home within the narrower market. Buyers who are looking during this time are more serious about purchasing. They know the market value of your home and with limited options are usually willing to pay the fair price. Less listing competition means you will likely get market value for your home.
- Buyers are wary of increasing interest rates and want to purchase before they are likely to go up by the new year.
Don't wait another long winter to put your house up for sale! Take advantage of the unique opportunities selling in the Fall can bring.
WandaFears, Realtor ABR CRS GRI WCR
Richmond, Va. Long and Foster Realtors