You probably hear from a lot of people 'wait till the spring to sell'. Those people generally are not in the real estate industry. While it may be true the summer brings about more buyers than any other time of the year, the fall may be one of the best times to actually sell. With school now back in session, here are some reasons why the fall is a great time to list your home (with me, of course).
So many people wait till the summer to list, and that could be due to school or work. That's not a bad thing, but it can work in your favor. Those who buy and sell in the summer are usually on a short time line for a job transfer, moving school districts, etc. With there being not as many sellers in the fall as there are in the summer, the buyers who missed out on homes in the summer months are longing for something to call their own. Less competition, coupled with ready, willing, and able buyers, makes for a great selling season.
Summer Comps Help Your Price
To help better explain this, we need to get into appraiser mode. Appraisers use 6 months worth of comps when figuring out market value. So we as realtors have to do the same thing. Listing your home on September 1 allows you to use comps going back as far as March 1. That lets you use the hot summer month comps to potentially get you a higher value on your home. A home listed on June 1, traditionally a hot summer day, goes back to December 1. That only leaves them with the spring months. This can greatly work in your favor.
Better Curb Appeal
The fall brings out some beautiful colors in the trees, and can add some wonderful curb appeal to your home. It's widely known if a buyer doesn't like the look of the home from the front, they won't look inside. This includes curb appeal, so what better time than when nature starts painting its own canvas.
Texas Temperatures Cool Off
Yes, this is Texas. Parts of are hot enough to cook eggs during some days. It's 283 degrees in June and July. But it's in the 70's and 80's during a good portion of the fall. Wouldn't you rather move when it's not so hot?
I also have a FREE HOME SELLERS Guide available on my website!