A new year brings new possibilities! Maybe you accepted a new job in a different area, so the time has come to sell your home. Maybe you have saved up enough money to finally purchase your dream home. Or maybe your family is expanding, so you need to find a house with more space.
Whatever the reason may be, selling your home can be both an exciting and stressful process. But we do have one important piece of advice for you to strongly consider – go ahead and do it now! If you know you will be listing your home in the near future anyways, it can be extremely beneficial to go ahead and start the process. Why?
If you put your home on the market while inventory is low, you have a better chance of catching the attention of prospective buyers, especially if you live in a desirable area. Waiting until the spring or summer months means that you will be facing more competition, which could result in it taking longer to get an offer or having to settle for a lower price.
Spring is a time for new beginnings, so this is when many individuals start looking for a new home. Plus, the weather is more enjoyable to go around and view potential options. However, for those who are looking to buy in the winter months, these people tend to have a greater sense of urgency. By going ahead and putting your home for sale, you can take advantage of their eagerness to buy.
With a new administration in charge of the country, many are worried about interest rates increasing this year. If homebuyers are trying to get the lowest interest rates possible, they are probably going to buy a home sooner rather than later. Having your home on the market early on this year can allow buyers to get a lower interest rate and you to sell your home quickly.
So, what are you waiting for? There’s no time like the present to sell your home this year.