Published February 6, 2020
Buying or Selling a Home in Winter: What You Need to Know
Nobody buys or sells a home in the winter. Right? Wrong! In fact, if you checked the numbers, you’d find that a good chunk of home purchases are done during the coldest months of the year. Besides, many southern regions aren’t all that affected by the change in seasons.
For us who want the stats, almost a million homes were sold in the U.S. last winter (973,000, to be exact, from December 2018 to February 2019). That means one out of every five (19%) of the homes that were sold in the 12-month period between September 2018 and August 2019 were sold when temperatures plunged. Sure, more homes were sold in the summer months of 2019. But still, the amount of homes that are bought and sold in the winter is nothing to sneeze at.
So, if you’re wondering if you should put off buying or selling a home until spring, why wait? You may be surprised to learn that there are actually advantages to buying or selling while Jack Frost is nipping at your nose.
What are the advantages? You’re about to find out!
Selling a Home in Winter
Okay, huddle up, home sellers. Let’s unpack the perks of selling when the air gets chilly....
The Internet Has No Seasons
You probably already know that most buyers go online to search for homes, no matter what the temperature is outside. In fact, nearly all buyers (93%) used the internet during their home search last year. This instant access to property listings has had an impact on the typical seasons buyers look for homes. While spring is still the hottest home-buying season, serious home buyers are always on the lookout—checking the latest listings on their tablet before bed or while waiting for their kid’s hockey game to end. So even though the weather may be changing, it won’t stop home buyers from shopping.
Less Sellers
Come spring, other sellers will flood the market and your home will be just another fish in a great big pond. But right now, you’ve got a limited number of sellers on the market. For perspective, 210,000 homes for sale dropped off the market from November to December in 2018. If that pattern repeats this year, you’ll have 12% less competition on the market if you list your home during the winter! Buyers have fewer homes to choose from, which means you could sell your house faster.
Buyers Mean Business
Most folks want to curl up under a blanket next to a warm fire on a cold winter day. If a buyer is trudging around in freezing weather or breaking away from their holiday schedule to look at your home, they must be serious. That’s because many winter buyers are working against a deadline, whether it’s an expiring lease, relocation, or a contract on their current home.
Time Off
You may think people are less likely to see your home in the midst of their hectic holiday schedules. That can definitely be true. But keep in mind, most people also have more time off around the holidays. That means more time for browsing their favorite home apps, dreaming about their future decor, and even scheduling home showings.
Ready to Buy or Sell Your Home in Winter?
With all these advantages on your side, hopefully selling your home in the winter won’t feel so daunting. We know you’ve probably got a lot on your plate this time of year though. So call Laura Smith Real Estate Team! We offer a FREE home evaluation consultation that provides you with all the information you need to know to make the best decision when it comes to listing your property.
WHY CHOOSE LAURA SMITH:
Every member of the Smith Team is devoted
to making sure that the experience of buying or selling a home is one that
leaves the burden o of the shoulders of the client, leading to an experience
that is not only satisfying but also enjoyable for everyone involved. When
listing with The Smith Team you are immediately put on the forefront of our
premium advertising opportunities. This exposure makes sure that your home has
the absolute best chance of going to the perfect buyer.
·
Customer
Driven Approach
·
Stress
Free Experience
·
Premium
Advertising
·
Dedicated
Team
·
Expert
Knowledge
· Real , Honest & Reliable
With a combination of our honesty, stress free business, dedication and advertising opportunities we can assure you that you will get the best real estate experience possible! This is just the tip of the Ice burg when it comes to the reasons to pick The Laura Smith Real Estate Team and we would like to urge you to go to the testimonials page to ensure that with our team you are going to get the best possible real estate experience.
OUR MISSION, VALUES & GOALS:
We believe that every real estate purchase or sale should be
handled with the utmost responsibility and care, it is one of the most
important investments you will make affecting your family, your finances and
your lifestyle. Buying or selling real estate should be exciting, comfortable,
informative and a stress-free experience. We hope to be the real estate team of
choice for home buyers and sellers in Navarro, Freestone & Ellis counties.
MISSION
Real People.
Real Service.Real Results.
VALUES
Passion - for real estate
Comfort & Compassion - for our clients
Integrity - in business
Transparency - in our conduct
GOALS
To provide the highest level
of customer
service
To provide stress-free real
estate experiences
To go above and beyond
