Home Sellers Frequently Asked Questions
When selling a home, one of the most important things to understand is that “no question is a dumb question. If you are unsure of something when selling your home, just ask me!
To help answer some of your questions, I am creating this FAQ page. I will be adding more FAQ’s in the future.
Q. Is there a best time to sell my house?
A. Homes sell year round. It is mostly a function of supply and demand, as well as other economic factors. The time of year you choose to sell can make a difference in the amount of time it takes and the final selling price. Weather conditions can often be a consideration.
Generally, the real estate market locally picks up about the second week of January. In January, you have serious buyers in the market and you have a lot less competition with fewer homes on the market. During the spring market you have more buyers in the marketplace but also more sellers to compete with in the marketplace.
During the summer, the market slows slightly until the last two weeks of August which is one of the two slowest periods for our area. In the fall, sales activity tend to pick up for a second season which usually last till mid November. From mid November to mid December, the market slows slightly but just like January and February, the serious buyers are in the market and you have a lot less competition with fewer homes on the market. From mid December to the end of the year, the market slows to a crawl as this time frame is the other slowest period for our area, as everyone turns their attention to the holidays.
Q. Are there important factors to consider when selling your home?
A. The two most important factors are price and condition in selling a home. The first step is to price it properly. Then, to through the house to see if there are any cosmetic defects that can be repaired.
A third factor is exposure. It is very important the your home gets the exposure it deserves in this digital world.
Another important factor is choosing the real estate agent that you believe will get the job done, not the one that quotes you the highest price – sometimes just to buy your listing.
A third factor is exposure. It is also important that the home gets the exposure it deserves through open houses, broker open houses, advertising, good signage and listing on the local multiple listing service, as well as the internet.
Choose the real estate REALTOR® that you believe will get the job done, not the one that quotes you the highest price – sometimes just to buy your listing.