Why Now is the best opportunity to sell your house
Dec 15
The summer and spring seasons are generally considered the ideal time to sell a house. Sellers are putting their homes for sale in Centralia IL, and buyers are eager to buy. What happens in the other seasons? Well, they get the wrong treatment.
While the seasonality of the real estate market doesn't mean listing your home for sale any other time of the year is not a good idea. This idea seems to have been instilled in a lot of us, causing many home sellers not to believe it.
Most homeowners feel like they've missed their opportunity as the school year begins. Homeowners who don't want to sell in the autumn or winter months are likely to think, "Buyers won't look any more", "My house will remain on the market", and "I'll be able to accept a lower price." It turns out that there's a lot more to selling your home successfully than simply choosing to list your home in the "busier" period of the year. Knowledgeable sellers understand that simply because you put your home on the market in the spring or summer, doesn't mean you're guaranteed a quick and easy sale.
To get you started, let's show you why you should consider selling your home in the fall or winter. Now let's bust some long-held myths about selling in the fall, and how this is the ideal moment to put your house up for sale.
Myth #1: Spring is the best time to sell
Let's get started. Homeowners often believe spring is the ideal opportunity to sell their house. The spring season is the best time to sell your home. You'll receive top dollar for your property and it will sell quickly. Everything will go smoothly. The issue is that (1) simply because you list your home in the spring doesn't mean your home is going to sell quickly, and (2) there are other elements that affect the level of success you achieve when it comes to selling your home. A good REALTOR will be able to help you navigate the market and help you achieve your objectives.
The truth: The best time to sell your house isn't dependent on a specific season. It's a combination of many elements.
Myth #2: Fall is the perfect time to buy a home
Many sellers believe that buyers quit looking for homes once the summer is over, but it could not be further from the truth-especially in Illinois. Families with children at school might delay purchasing until the end, they are only a tiny percentage of the market. There are still plenty of buyers who have not yet bought a home after the summer months that are still on the hunt for a home and, as the new listings begin to decline, this can help you gain an edge.
The Truth: Savvy buyers are always looking for houses. Additionally, the Illinois economy won't be slowing down anytime soon. It's expanding at an incredible rate, bringing more jobs to the region and more people searching for housing. According to the Illinois Workforce Commission, Illinois has the lowest unemployment rate in the country at 3.4 percent. This is due to strong economic growth, a growing number of employers, and booming industries, which all contribute to a rise in the number of people.
Myth #3: Selling your home for less is a myth
Sellers are reluctant to list their properties in autumn because they fear they will be forced to accept lower prices. In reality, the opposite is true. This fear is based on the assumption that fewer buyers are seeking homes, a myth we have already busted. However, savvy sellers understand how to use this information to their advantage.
The Truth is A lot of sellers believe these myths are real. This means that fewer homes are being advertised during the autumn and winter and this results in less supply. Less supply means less competition because there are fewer homes that buyers can choose from. If the demand for housing is strong (as we've seen it forecasted to remain) and there are fewer homes on the market for sale, those who do list will have an advantage. Higher prices are the result of increased demand and decreased supply.
Myth #4: Homes stay on the Market for Longer
Sellers typically hold off until spring to sell their home. This is because of the worry that their house isn't going to sell until the autumn. The reason homes don't sell in winter or fall isn't due to seasonality.
The truth: The real reason homes sit in the marketplace (no regardless of the time of year) typically boils down to three factors such as pricing, presentation, or inflexibility.
Cindy Quinn Real Estate Agent
820 E Noleman St, Centralia, IL 62801