Tuesday, November 4, 2014

Is this a Good Time to List my House?

Just yesterday I was asked by a seller, "Is this a good time to list my house?"
The answer: YES.

Why? Well, all the competing properties that were listed over the Spring and Summer have either sold or have come off the market due to being over priced. There is very little competition right now. As long as you can tolerate a closing in the winter it is a great time to put your house on the market! In fact, in certain neighborhoods, you will be the only house for sale and we all know there are always buyers, who are ready, willing and able to buy.... Right?

Yes! There are always buyers.

In an ideal world, we would all move on a nice sunny day in May but that isn't how it works. Jobs change. Families grow. Couples marry and divorce. 30 year old college graduates finally get that job and move out of Mom's basement. People have to move year round. I have a friend in Louisville who sold her house and is desperately looking for a new house, right now, but there isn't much out there. You think there are sellers in Kentucky waiting until Spring who are missing out on this buyer? Most definitely.

I have a buyer whose family is living in Greece and they will be relocating back to the U.S. at the end of December due to a job transfer. Yes, we will be spending the holiday break that the kids get from school, looking at houses.

YES, yes, yes! It is a great time to list your house.

Don't wait until everyone else on your street also has a sign in their yard. One of their houses could look better than yours. If you are the only house available, you have a greater chance of selling. Also, more quickly which means less hassle with showings!