Selling Your House in the Winter
I talk to a lot of homeowner who are concerned about selling their house in the winter. The truth is that there are less homes sold in the winter, but that doesn’t mean homes don’t sell in the colder months!
There are a lot of good reasons why selling in the winter may make more sense. We discuss in this video. If you are thinking about selling your house in the winter in Northern Kentucky or Cincinnati, be sure to watch!
If you are thinking of selling your house in the winter, the truth is that there are a lot of good reasons to do so. Many people think they have to wait until the spring or summer months to sell their house, but this isn’t true! There are several good reasons to sell your house in the colder months.
Less Competition
One good reason is that there is less competition. Whenever you sell your house, you are competing against other similar homes that are listed in the marketplaces. Because a lot of people think that it is difficult to sell in the winter, as a homeowner, you benefit from their being less inventory on the market. Less inventory means that there is a higher demand. So, if your home is in good condition and there is not a lot of other supply on the market, then theoretically, you can list your home for a higher price.
More Serious Buyers
The next reason why it’s great to sell in the winter is that the buyers who are out looking are generally more serious and ready to purchase. You don’t have to deal with a lot of “lookey lous” like you do in the spring and summer months. Often in warmer weather, you get people are are just out there looking at homes and getting ideas. If the weather is nice, it’s a great way to pass the time. Unfortunately for you as a homeowner, these buyers may not be serious or even pre-approved. It’s a giant waste of your time.
Compare that to people who are out there in the winter time. Most likely, these people are pre-approved and are ready to buy. Most people don’t go out there looking at homes in the cold and darker months just for the fun of it. So, you know that when you are getting showings, you are generally working with buyers who are closer to pulling the trigger on an offer.
Can Get a Cash Offer
If you need to sell your home fast and would like a cash offer, this can happen at any time of the year. This is an advantage of working with cash home buying companies. You don’t need to fix up the house or keep it prepared for showings. You can sell to a “we buy houses” company any time of the year, including winter. This is super helpful if you are ready to be done with your home, or need to sell in a hurry.
In the video above, we had just finished speaking with a homeowner who needed to sell fast in Florence, KY.
As you can see, there are a lot of reasons why it’s a good idea to sell your house in the winter. So, don’t be duped by the myth that selling in the winter is a bad idea.
If you need to sell your NKY or Cincinnati house fast, give us call today!