The spring and summer have been referred to as a hot buying season, which means that many people will wait until March to begin the process of selling their home. If you’re considering selling your home, and you think now isn’t the right time, we can assure you that there are great benefits to selling your home in the winter compared to the other seasons.
With fewer homes on the market, there’s less competition for you and more competition for buyers. The buyer competition can lead to some great things for you, like quick closings, offers above asking price, and all-cash offers!
The buyers that are actively searching for homes in the winter months are serious buyers and more likely to go through with the transaction, lowering your risk of having people back out of the deal at the last minute.
Improved Curb Appeal
The winter months call for holiday decorations, festive lights, and even a light dusting of snow. Getting to see the home and the neighborhood decked out for the holidays puts buyers in a better mindset and allows them to visualize themselves spending the holidays in the home and the area with their loved ones.
Relocators are Moving
As the end of the year nears, many people take it as a time to begin making changes and a fresh start. People may be looking to start the new year in a new location and in a new job. With a lower cost of living, tax breaks, and a higher quality of life, Reno is where many people from neighboring large cities are setting their sights, especially in the work-from-home era we’re experiencing.
Home Improvement Season is Slow
Winter is generally the slow season for contractors and inspectors, making it the perfect time to begin tackling home improvement projects you’d like to do before selling or your buyers would like to do before they move in.
Don’t overlook the winter real estate market. If you have any questions about selling your home or about the current market, contact the David Morris Group. Give us a call at (775) 828-3292.