Is Winter a Bad Time to Sell Your Home?
You might think that a Chicago-area winter isn't a good time to sell your home. You might think that it makes more sense to wait until the warmer months of the spring to list your residence.
Selling your home in the winter can actually come with plenty of benefits, including less competition from other sellers and buyers who are more serious about making offers.
There was a time when most sellers sat out the winter season. The theory was that buyers didn't want to battle the frigid temperatures, snow drifts and icy sidewalks to tour homes. This thinking, though, has largely disappeared. That's because today, buyers make offers on homes all year long, no matter the season. And in many ways, selling a home in the winter gives you the chance to stand out and impress buyers who are more likely to make an offer.
There are far fewer homes on the market during the winter season. This means that your residence has a higher chance of standing out. It's easy for even well-priced homes in solid neighborhoods to get overshadowed in the spring and summer months, when so many other homes are crowding the market. But in winter, buyers have fewer choices. If you price your home right and stage it to showcase its positive attributes, the odds are good that you'll attract a solid offer.
Winter also brings out serious buyers. You know that buyers who brave freezing temperatures and snow to tour homes are serious about buying. The odds are that they are ready to buy now. Otherwise, they wouldn't bother touring homes during this time of year.
If you are ready to sell your home, don't wait. Call us today. We'll be happy to take a look at your residence and provide you with some tips for preparing it for market. Don't let a bit of cold weather stop you from putting your home on the market and finding the perfect buyer today.