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Best Team:250-302-2160
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Best Team:250-302-2160
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The question often comes up from home owners "Is this a good time to be selling my home?" As with every decision we make in life, there are always pros and cons and choosing when to sell your home is no different. While the "spring market" is a great time to sell or buy real estate, there are several reasons why choosing to sell your home in the Fall may be the best decision for you. Here are 5 options to consider:
 
Less Competition In the Market
Usually we find that there are fewer homes in the market in the Fall than the Spring. So when you figure there are fewer homes for sale, this in turn equals less choices in the market which should provide an increased demand for your home. You may see an increase in showings, followed by a greater possibility that an offer will be presented and you often get the best price for your home as a result.
 
Serious Buyers Are House Hunting
Homes are sold and bought every day of the year because serious buyers are always out there hunting.  The fall and winter months are also a great time for a potential buyer to see what a specific neighbourhood is like in regards to the different festive seasons to rain or snowfall in the area.    
  
Mortgage Rates Are Low
As you've probably heard a million times already this year, the mortgage rates are very low. Since mortgage rates are so low right now, buyers are able to afford bigger homes that they may not have been able to purchase before. 
 
Quicker Response with the Process
Because there are normally fewer real estate transactions in Fall then in the spring, you tend to get a quicker response from banks or mortgage brokers as there are fewer loans to process. Lawyers tend to have fewer closings so the panic to close isn't as stressful and home inspectors usually have fewer inspections booked so it is easier to schedule appointments with them as well.  

The Best Agents Are Always Ready to Sell

A professional real estate agent will know how to adapt to the current season and market their listings to reflect that as they are well aware of the market and what is selling.  As a Realtor, it is my job to offer suggestions and tips on how to sell your home during any season. As your Realtor, I would go through all the details regarding your home and how we can maximize its potential in the current market. If you are thinking about selling, give me a call to see what the Best Team can do for you with our extensive social marketing strategy. 

 

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