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Spring is a great time to sell your home! Here’s why.
Why is spring a great time to sell?
Being outside is more appealing.
When spring time comes around, it often feels like we are getting a new start. It also can help pull some of us out of the ol winter blues. The weather is getting warmer, the grass is getting greener, flowers are blooming, and people tend to get out and about more. Another plus is that your marketing photos will be more colorful and alive than those drab winter ones. If you are considering selling your home in the Spring, it can be quite exciting to think of selling your home, finding a new one, and possibly settling in by Fall.
The timing.
Spring is a great time to sell your home because of landscaping options, more daylight hours, tax returns, timing of school schedules, market activity, and inventory. Spring brings milder weather and more daylight, which, in turn, makes it more encouraging for people to go out and explore properties. Clear blue skies and everything starting to come alive, can make your property look more appealing…boosting that curb appeal. The timing with school is huge, especially in a college town. Families with children typically prefer to move while schools are out as that is one less thing to have to worry about and work around. New college students and incoming Faculty is also a big push in our market. Another reason Spring is a good time to sell your home is that many people receive their tax refunds, thus proving them with extra funds for a down payment or closing costs.
Not sure how to get started?
Please note that of all of the tips above, this one is very important and highly recommended; find yourself a skilled and knowledgeable agent. (We can help with that!) Having a Realtor® on your side helps with the following:
- Minimizes the stress involved with paperwork and legalities involved
- making sure your best interests are covered
- schedule showings
- negotiation (huge!)
- They know how to price your home correctly
- price it right the first time
- stay competitive
- They know their market
- Advises on staging, curb appeal, and decluttering
- Provide recommendations for maintenance workers and contractors
- will put your home on the Multiple Listing Service (MLS)
The real estate market tends to pick up in the spring with more listings and buyers entering the market. That increase in activity can create a sense of urgency, leading to faster sales and potentially better offers for the sellers. This is why spring is a great time to sell your home.
Reasons you should host an Open House
~Reasons you should host an Open House~
One might ask, are open houses even beneficial? The short and simple answer to this question is, yes! As the old saying goes, a picture is worth a thousand words…however, seeing your potential future home in person is unparallelled. To dive in a little deeper, there are several reasons why you should host an open house and the reasons they are beneficial.
- Exposure
- Open houses provide an opportunity for a large number of potential buyers to view the property at once.
- This exposure can increase the chances of finding a suitable buyer quickly.
- Feedback
- Open houses allow sellers to gather feedback from visitors about the property.
- This feedback can be valuable in understanding what aspects of the property are appealing and what might need improvement.
- Serious Buyers
- While some visitors may be casual browsers, open houses often attract serious buyers who are actively looking for a property.
- This can lead to more promising leads and potentially faster sales.
- Networking
- Open houses can be an opportunity for real estate agents to network with potential buyers and other agents.
- This networking can lead to future collaborations and referrals.
- Competitive Advantage
- Hosting an open house can give a property a competitive advantage in the market.
- It signals to potential buyers that the seller is motivated and proactive about selling the property.
- Convenience
- Open houses provide a convenient way for buyers to view multiple properties in a short amount of time.
- This can be especially beneficial for out-of-town buyers or those with busy schedules.
- Marketing Opportunity
- Open houses serve as a marketing opportunity for the property.
- They can be advertised through various channels, attracting attention from a wider audience and potentially driving up interest in the property.
A few tips for success when showcasing a property with an open house:
- Curb appeal
- Ensure a well-maintained exterior
- Declutter
- Remove personal items to allow buyers to visualize the space
- Deep Clean
- Pay attention to details for a sparking home, such as baseboards and fan blades
- Natural light
- Open curtains for a bright, inviting atmosphere
- Hospitatily
- Open refreshments and information to keep visitors engaged.
- People also love bite sized cookies and glossy flyers they can take with them to refer back.
Implementing these strategies have helped in previous transactions to attract potential buyers and facilitate a faster sale. Overall, while open houses may not always result in an immediate sale, they can be a valuable tool in the marketing and selling process of a property.
