You’ve decided it’s time to move, but you’re worried about selling a home during the winter. People may tell you that it’s best to wait for the spring, but putting your house on the market now could be beneficial in many ways. The Realtors® at Tracey Real Estate in Brooklyn, NY, explain that there are several benefits to selling your property before the spring frenzy begins.
Here, the experts share how selling a home during the winter offers certain advantages you may not find any other time of year:
- Serious Buyers: Particularly in the spring market, there are many tentative buyers looking at homes they aren’t ready to commit to for another year or so. On the other hand, people who are braving the cold and committing their time during the holiday season to look at properties are serious about investing. You can feel more confident that everyone who expresses interest in the house is serious about making an offer and are worth your time.
- Less Competition: While your neighbors are waiting to put their homes on the market next spring, you can get yours up now. The laws of supply and demand tell you that you can secure more for your house if it is the only one available. The less competition, the better, and your efforts selling during the holiday season will pay off when you close a sale that you otherwise may have lost to your neighbor down the road.
- Quicker Closings: Lenders can become overwhelmed with loan requests in the spring, so it may take longer for your buyer to get their financing ready. During the winter, lenders are more readily available and devote their efforts to approving your buyer for a loan. This makes for a smoother escrow and allows you to move quickly.
If you’re thinking about selling a home, now is the time to get started. The local experts at Tracey Real Estate know the New York metro area and how to position your house in the real estate market this winter to sell quickly and for more money. Contact their team online, or call (718) 376-4994 to speak with a seasoned agent about your goals for selling and moving.