5 Undeniable Reasons To Sell This Fall

As fall quickly approaches, many homeowners begin to wonder whether they should sell their home now or wait until spring.  Wondering what the answer to this question is?

I have five compelling reasons listing your home for sale this fall makes sense. Just because the summer has officially ended doesn’t mean that homes are not going to be sold for the remainder of the year.  

Real estate is being sold 365 days a year, period. The fall season can actually be a great time to be selling a home.  

#1 - DEMAND IS STRONG

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. 

These buyers are ready, willing, and able to purchase…and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

#2 - THERE IS LESS COMPETITION

Post-summer home buyers not only have the stress of the holiday season looming overhead, but their options are shrinking. Many sellers rush to close by September, so fortunately you’ll be competing in a much smaller market. That can be a powerful bargaining chip to help you close before the end of the year.

#3 - BUYERS ARE IN DECISION MAKING MODE

Yes, the spring housing market is sure to bring out buyers, but plenty of folks may hold off on making an offer. With more homes to choose from, they can afford to be picky, and that could extend their search by months. 

Come September, though, serious buyers will be feeling the pressure to make their move before the holiday season or bad weather hits. That’s where you come in.

#4 - DIFFERENT BUYER DEMOGRAPHICS 

While families are more likely to make their move in the spring, millennials and empty-nesters usually swoop in a bit later in the year. 

They’re not the only ones, either: to avoid higher “on season” real estate rates, employers who need to relocate their workers often wait for the fall, when the market tends to cool down. These out-of-towners will probably need to get through the process quickly, too, which could mean a relatively speedy closing.

#5 - There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that in the luxury or premium market.

According to CoreLogic, prices are projected to appreciate by 5.2% over the next year. If you’re moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage) if you wait.

You may feel like you’re behind the curve, but in many ways, now’s a great time to sell.

All it takes is a little bit of prep work, some smart planning and the right tools to get ahead.  

Contact us when you’re ready to get a free market analysis done on your home, no matter the season.