How To Choose The Best Time To Put Up Homes For Sale

By
Real Estate Sales Representative with Right At Home Realty Inc., Brokerage
Home For Sale Sign

Is your home for sale?

What a great question! You see a lot of Toronto homes for sale but you have to wonder sometimes if the sellers have actually thought about when the best time to sell is. The problem is, there doesn’t seem to be an easy answer to this question – a lot of opinions, yes, but answers? Hmm…

Look At Homes For Sale In Winter? Are You Kidding!

A lot people seem to think that the two worst seasons to sell are spring and winter. Why? Well, when it comes to homes for sale, you’ll agree that one the main selling points is appearance, right? In a cold Toronto winter, your house is simply not going to look as good as it does in summer. Okay, you say, but why spring? When everything’s blooming, the sun’s shining and so on, your home for sale is going to look pretty good, isn’t it? Maybe, but what about the slush, the wet and that general air of we’re-recovering-from-winter-don’t-want-to-think-about-buying-a-house feeling.

So Forget About Homes For Sale In Spring & Winter, Correct?

Not so fast! There’s another school of thought that says that spring, for example, is the best time of year to sell! The Toronto weather has now turned warm; people have just got their tax refunds and have money to spend. Also, closing a sale can take weeks, so if you start the sale in spring, by early summer the deal will be through. Now that makes sense, doesn’t it? But homes for sale in winter? The people who say that the house won’t look good or it’s too cold and no one will come to view it, are right, aren’t they? Not always. Consider that you’ve probably prepared your house for holiday entertaining, so chances are it’s looking pretty good. Also, people looking at homes for sale in winter will probably want a quick deal for tax purposes. Lastly, what about climate conditions? For example, in states like California and Texas, people will house-hunt all year round. And a warm winter could encourage more buyers to come out in colder climates.

My Home’s For Sale So What Do I Do?

To continue reading this article and veiw the video click How To Choose The Best Time To Put Up Homes For Sale


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Rainmaker
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Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great blog you are right individuals sell at all times during the year it is up to the seller to determine the best time to sell.

Oct 24, 2011 04:18 AM #1
Rainer
402,315
Dan Hopper
Keller Williams Realty Downtown LLC - Denver, CO
Denver Realtor / Author / Advocate/Short Sale

Good topic, Lee.  Since I am in Colorado, we do have our seasonal weather patterns and such.  Of course, NO ONE wants to view property during a snow storm.  Even the holidays can pose a difficult time for selling your home.  Here is what kind of trend I have experienced in the last 26 yrs.

All seasons are good to sell your home!  Why?  Buyers look all year round.  The most important thing is PRICE!!  We do see trends of less activity, like the month of May (school graduations), mid-August thru mid-Sept (School starts back), mid-Nov thru the end of the year (Holiday season).  This does not mean they are less desirable to market your property, but less buyers are viewing then, and less real estate brokers are working then, as well.

We see the most activity during mid-Jan thru April.  That is the winter and spring season.  One reason why we recommend sellers to place their home on the market not later than 1st of April, or they may miss out on lots of activity. PLUS, other home sellers believe they do not want to sell due to kids in school until end of May.  SO, MORE competiton HITS the market during the May and June months.  But we do see less activity then.

 

Oct 24, 2011 04:23 AM #2
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Rainer
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Lee Redwood

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