Boston Property Management: Why you should sell in Winter
There is a myth which suggests that selling a home in the winter holidays is not a good idea. Naysayers claim that this is a traditionally slow period and home sellers should wait till the spring to make a sale. However, if you play your cards well you can sell a home at the price you want and save a lot of valuable time.
In the past people didn’t sell homes because they were too busy preparing for the holidays. That was perhaps one reason why no one had time to go around looking for property to buy. In this digital era, things have become easier for everyone. Prospective buyers don’t have to do much at all as they have everything at their fingertips.
This guide looks at why it’s good idea to put your home on the market in the winter.
Boston Property Management: Serious Buyers
Serious buyers will always look at listings and will consider a home at any time. They will be able to spare the time to look at listing to see if there is something good available. These are the sort of people who are no nonsense and will spend all their time working and will not be wasting it on holiday preparation. They will have the time to go and inspect the property even during the holiday season.
It goes in your favor to list your property at this time as there is not much competition. When the inventory is limited, the world is your oyster. This makes it competitive for the buyers who will be looking for more properties. When there is a dearth, your property is in a better position. The only problem is that the window between thanksgiving and Christmas is very small so you have to get the most done. If you have an exciting property in your hands, then you will be able to attract a buyer.
This is also a good time to lower the price of your property if it was not selling earlier. This will surely attract a motivated buyer especially as there is a shortage of inventory on the market. Talk it over with your agent before you make any moves and don’t price it too low.
If you are unable to do anything in December, you can always try January. The weather is still cold and you will still see a shortage of competition. So try and go for January as the number of buyers will grow and you will be able to get a good deal.
We hope you liked our guide “Boston Property Management: Why you should sell in Winter”.