Sell your property with confidence
Making a big decision is never easy, especially when you’re aware it
will affect your entire life. How should you know if it’s the right time
for you to sell your property, the place where you most likely spent
many years and is filled with memories? This is always a serious step
and it’s best to have someone you can trust guiding you throughout the
process. Our team of professionals is eager to support you during your
journey - from the beginning to closing the deal. Here’s a short guide
we’ve prepared to help you decide if you’re ready for the big step.
The annual real estate doldrums …
Most advice you’ll hear about selling will be different, but there’s
one time of year that most experts believe you should avoid when it
comes to listing a home: wintertime.
“Between the holiday season and, in some parts of the country, the
weather, there aren’t too many buyers incentivized to disrupt their
lives and move into a new home, which means they aren’t really thinking
about shopping for one, either -- at least in some markets.
And fewer buyers means less of a chance that your home will be one of the homes that sells.
… And the peak selling season
Just like many experts will warn you against winter, springtime is
commonly considered one of the best times of the year to sell a home.
“Buyers are interested in making a fresh start, yards look lush and
green, days are starting to get longer, and tax season gives some buyers
a leap ahead on any down payment savings.
So does that mean you should sell in the springtime? Maybe … but be
aware that other sellers are going to have the same idea. There will be
competition in the form of more homes available on the market.
Does the day of the week matter?
Actually, it might. According to a couple of different studies, homes
that were listed on Thursday or Friday have been found to sell in the
shortest length of time for slightly higher prices than any other homes.
It’s possible that the timing of the weekend is what’s honing
Thursday’s and Friday’s edge over the other days of the week. Buyers are
more likely to have time to schedule home tours or attend open houses
over the weekend, and there are likely to be more of those buyers
looking at each house (and therefore more chances of getting an offer,
or maybe even multiple offers).
Timing isn’t everything
Even if you think you’ve nailed the absolute best time to sell your
home and you’ve done all you can repair-wise to maximize your chances,
there’s one big mistake that could shoot all your efforts right in the
foot: Pricing your home incorrectly when you first list it.
Some sellers don’t think this is the huge deal that it really
(really!) is. Serious buyers sign up to property watch lists and get an
alert as soon as a home is listed on the MLS. Most of the buyers who
could buy your home are going to see its listing within the first 48
hours of that listing being “live.”
So you get one big chance to make your home’s big debut in front of
its buyers. And if you set the price too high (or too low, for that
matter), you’ve blown it.
Check with your local real estate agent
Even if you plan all of these things just right there are still other factors to consider
such as your local market. For example, the market in rural West Texas can be drastically
different than the market in the Dallas/Ft. Worth metroplex. Your local agent will
know the market in your area and be able to advise you accordingly.
If you're considering selling your home or land, give us a call to talk to one of our agents!
We would love to assist you with the selling process. 254-735-5020 or email: info@landcompanyoftexas.com.
Visit our Meet The Team page to learn more about our agents: https://www.landcompanyoftexas.com/meet-the-team/
