Figuring out when to sell your home to squeeze the most value out of it is just as important as all the work you put into it to increase its value.
By selling at the times when more people are looking, you are going to get more interest on the home as well as people making offers.
This will give you the most leverage to get the price you want and not have to come down to meet your buyer in the middle.
Home sales and real estate is a seasonal market and with that being said you often want to sell during the peak season to get the best price.
Home sales usually peak from April to August, which are generally the best times to sell real estate due to the high demand.
These active months generally mean more bids and higher asking prices for homes especially late into the season as buyers try to lock down a decision.
This time frame is strong for moving families because it is between school years and tax refunds have recently been received.
This is also the time of year when marriages tend to peak and new home buyers are entering the market.
Though the fall and winter are not strong times to sell your house there is still a small market available.
In the fall many buyers seeking homes are in a time crunch.
They have either waited through the peak season looking for a better deal or they're trying to buy a house after selling theirs a few months earlier.
A home buyer looking in the cold winter season should be considered a serious buyer.
Although seasons are important, you also want to consider the psychological aspects of selling a home.
Knowing as much about your buyers as possible and what is motivating them to buy is key to approaching the negotiation with the right strategy.
Buyers with kids looking late in the summer often have less negotiation power due to the high need to finalize a deal quickly in time for school.
If it's location or particulars about your home, this should be considered when negotiating.
When factors come along that are more generic and less particular to your home, then this give you less negotiating power due to the ability for the home buyer to look elsewhere.
Lastly, your home should be properly prepared before being putting on the market to get the most value out of it and trying to receive your asking price.
If you plan to put some money into renovations consider whether to spend it on the interior or exterior.
Most people always focus on kitchens and baths, but a better rule of thumb is to focus on a weakness and turn it into a strength.
Curb appeal can be just as effective, especially if attracting buyers to your home is the biggest problem.
By selling at the times when more people are looking, you are going to get more interest on the home as well as people making offers.
This will give you the most leverage to get the price you want and not have to come down to meet your buyer in the middle.
Home sales and real estate is a seasonal market and with that being said you often want to sell during the peak season to get the best price.
Home sales usually peak from April to August, which are generally the best times to sell real estate due to the high demand.
These active months generally mean more bids and higher asking prices for homes especially late into the season as buyers try to lock down a decision.
This time frame is strong for moving families because it is between school years and tax refunds have recently been received.
This is also the time of year when marriages tend to peak and new home buyers are entering the market.
Though the fall and winter are not strong times to sell your house there is still a small market available.
In the fall many buyers seeking homes are in a time crunch.
They have either waited through the peak season looking for a better deal or they're trying to buy a house after selling theirs a few months earlier.
A home buyer looking in the cold winter season should be considered a serious buyer.
Although seasons are important, you also want to consider the psychological aspects of selling a home.
Knowing as much about your buyers as possible and what is motivating them to buy is key to approaching the negotiation with the right strategy.
Buyers with kids looking late in the summer often have less negotiation power due to the high need to finalize a deal quickly in time for school.
If it's location or particulars about your home, this should be considered when negotiating.
When factors come along that are more generic and less particular to your home, then this give you less negotiating power due to the ability for the home buyer to look elsewhere.
Lastly, your home should be properly prepared before being putting on the market to get the most value out of it and trying to receive your asking price.
If you plan to put some money into renovations consider whether to spend it on the interior or exterior.
Most people always focus on kitchens and baths, but a better rule of thumb is to focus on a weakness and turn it into a strength.
Curb appeal can be just as effective, especially if attracting buyers to your home is the biggest problem.
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