August, a useless and dismal month? Not when you are selling a house!

By
Real Estate Agent with Long & Foster Real Estate, Inc MD 82788 DC SP97220

Is the month of August really useless and dismal?  Not for Real Estate sellers!

Why sell a house in the lazy hazt heat of August, when people are uninterested and out of town on vacation?

Heres why:

August is one of the biggest transfer months for relocating buyers.

Buyers want to secure a home now before school starts in the fall.

The inventory of houses for sale is very low - meaning your property has less competition for buyers.

When inventory goes down sale prices tend to go UP.    

There will be a seasonal uptick in inventory after Labor Day and therefore more competition.

There may not be a lot of buyers out looking, but the buyers that are out there are super-serious about buying now. these buyer are not the many many "tire kickers" looking at houses in the Spring. 

Even though you may have little traffic at your home, the buyers that do look at your home are much more motivated and because of low inventory have limited choices in homes right now!

If you are on vacation yourself, you won't be bothered or inconvienced by any showings of your house.  You can relax and leave it up to us.

There will be a seasonal uptick in inventory in the weeks after Labor Day and therefore more competition for your house. 

Let your home be one of the few good choices buyers have this August. 
 

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If you are planning a move to or from the Silver Spring or Takoma Park, Maryland area, put my 30 years of local experience and expertise to work for you.  Licensed in Maryland and the District of Columbia. 

Call or email me at: 

DebbieCookRE@outlook.com  

Cell      (301) 233-8309            Debbie Cook - Silver Spring Takoma Real Estate
The Silver Bee Silver Spring Real Estate Blog
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Rainer
146,884
Nancy Lamb
Home Smart LifeStyles - Fountain Hills, AZ
& Loving AZ Team-Fountain Hills AZ

Debbie. i agree with you as August has been one of my easier months, never fail, year after year. Plus, it is usually temperatures averaging about 112 degrees in metro Phoenix where only the die hard buyers want to go out looking. The bank owned homes have no power or electric turned on which makes it even more challenging. Yes, these buyers are quite serious to endure the true test. 

Aug 05, 2012 06:16 AM #1
Rainer
134,121
Laura Murray
Weichert - Silver Spring, MD
Search Montgomery Co., MD for homes www.MDRealEstateOnline.com

It is amazing how low the inventory is in metro DC.  Sadly, this problem is not limited to the DC area, but a nationwide problem.  I assume folks are waiting to see what the election brings?

Aug 05, 2012 06:54 AM #2
Rainmaker
3,238,750
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Debbie -- forget those dog days of August.   There really is opportunity in each month of the year.   How often do we hear about people delaying or removing a property during the holiday season?   If a home is well-priced, well-presented and ready-to-sell a home can sell and buyers are out there regardless of the season.  

Aug 05, 2012 07:32 AM #3
Rainmaker
1,273,342
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Hi Debbie - we're finding that August is booming here in NJ! 

Aug 05, 2012 10:12 AM #4
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Debbie Cook

Silver Spring and Takoma Park Maryland Real Estate
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