Here’s my response to the age-old real estate question, “When’s the best time to sell my home?”
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Today we’re covering one of the most common questions: When should you put your home on the market? Numbers from the MLS and the National Association of Realtors show most properties sell in the summer. That’s simply because summer is when most properties are listed.
The reality that we experience, however, is that people buy houses every single day, regardless of the season. Yes, even Christmas Day and New Year’s Day (there’s actually a running joke in our office: Whenever it snows, we sell a house).
Most people don’t buy houses because it’s beautiful outside, but rather because they’re compelled by life events—having a baby, getting divorced, navigating a job transfer, etc. And, as you know, big life changes aren’t restricted to just three or four months out of the year.
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Most people don’t buy houses because it’s beautiful outside, but rather because they’re compelled by life events.
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Most people don’t buy houses because it’s beautiful outside, but rather because they’re compelled by life events.
That’s why I tell those planning to sell their homes in 2020 to do so when it’s most convenient for them. As far as the average days in market metric, it’s practically irrelevant if you want to sell a house quickly; price it aggressively and it will certainly sell.
On the other hand, if you’re in no hurry and are aiming to get top dollar, then be prepared to wait two to three times as long as the average days on market in your area to get your price (if necessary).
Naturally, you’d expect me to tell you to list right now and call us here at Burch & Co., but again, it’s all about your personal time frame. What are your goals? If you were to reach out to us, we’d sit down and discuss your intentions at length before we ever recommended any action.
So, if you are someone who’s been contemplating selling soon, regardless of whether you’re shooting for spring, summer, or fall, let’s have that talk. Reach out to us via phone or email. We’d love to work with you and come up with the best timeline to meet all of your specific needs.
