Why Do People List Their Homes In The Fall?

At this time of year many sellers temporarily withdraw their homes from the market and fall into the trap of what is arguably the widest misconception in real estate.

Contrary to the belief that homes won't sell in fall/winter, quite the opposite is true!

Buyers do not hibernate and if you're not listing at the moment, you're missing some of the most motivated and well qualified buyers of the entire 12-month cycle, many of whom are very keen to be settled into a new home before the holidays.

There are other key deadlines that are big buyer incentives at this time, including relocation due to the tradition for new jobs to start in January and reasons related to taxation.

And when you consider that inventory of available homes is so low at the moment, the fact that people will unwisely take their homes off the market for a few months means you'll have less competition and the potential for a more robust asking price, perhaps even attracting multiple offers!

Wait until the spring and all those sellers who decided not to list until then will suddenly be back on the market, meaning more competitors and price pressure.

Also don't forget that continuing low mortgage rates provide a huge added incentive for buyers to act before something changes!

We're very excited about prospects for the coming weeks and would love to help you realize your goals, so please don't hesitate to contact us today.