Starting a new chapter in your lives can be exciting for the family. However, planning any sort of major transition takes great thought. For one, you will have to sell your house and also find a new place to live. If your schedule has some flexibility, it is worthwhile to delay putting your home on the market until conditions are right for maximum profit, as the guide below explains.

When Is the Best Time to Sell a House?

By Season 

Property sales slow significantly during the winter due to weather conditions. Families can grow anxious about the idea of driving large moving trucks through the snow or having to carry bulky furniture over ice-covered walks. They also tend to delay moving until the end of their children’s school year. Additionally, the winter season is usually hectic due to the holidays.

To entice more potential buyers, plan to list your home around early March or later in the spring to gain the benefit of improving weather. 

By Market

Additionally, watch the real estate trends before listing a home.  You’ll know that it’s a seller’s market if there are ample jobs and lower mortgage rates available in the area. You may also notice that there are fewer listings when browsing the local ads—meaning that there are more buyers than there are properties available. As a result, potential buyers may get into a bidding war over your property, driving the value up.

The flip side of that is a buyer’s market—when there are more listings than buyers. If it is necessary for you to sell your home at this time, you might have to lower your price point, but you will also have the benefit of better prices when looking for your own new home.

How to Prepare a House for Sale

If the house needs some work, don’t put it on the market yet. Whether you need to fix some shingles, do a little landscaping, or paint the exterior, wait for the house to be showing-ready before listing it. Otherwise, there may be interested parties knocking on the door when you haven’t done necessary upgrades that could positively impact the home value.

You should also take steps to declutter and depersonalize your home before advertising it. These personal effects are what make the property yours—but, in this case, you want the buyer to see the space as potentially theirs. If necessary, rent a storage unit to place these items in until you move.

If you’re interested in selling, contact Open Real Estate in Metro-Denver, CO, to learn their recommendations for when and how to enter the local real estate market. The agency helps people sell and buy homes in the Lakewood, Wheat Ridge Boulder, Arvada, Golden, and Applewood areas. Visit their website to use their home value estimator tool. Call (303) 232-1111 to set up a meeting today.