Is It Smart To Sell Your House In The Summer?
The summer season is some of the best months to sell your house. In tropical countries, this refers to the dry season. The weather is great, and so is the market for homes. When you come to think of it, the summer season is a strategic time for many practical reasons. Kids are out of school, so parents have more time.
It’s also that period when moving before the school year starts is more common, so the market gets more attractive. People hate moving in the winter season because of the discomfort the cold brings. These are only a few of the reasons why you should consider selling your house this summer to individual buyers or companies like Element Home Buyers and others.
With that said, here are four convincing reasons why selling your house in the summer is a good idea:
1. There’s More Time For Showings
During the summer months, the sun stays up longer, and this buys you more time for showings than you would in autumn and winter. Especially if you still have a job to report to during the day, had you been selling in another season, your time in your office means you’re burning daylight as it’d be challenging to fit in some time for showings.
In the summer season, even after your work, the sun may still be bright. This offers convenience for potential buyers who also have to work. On the weekends, you can fit more showings simply because daylight gives you more time.
2. The Demand Is Higher
The demand for homes during the summer months may be higher as this has to do with the academic year most places follow. Classes end usually at the beginning of summer, then the term starts again as summer ends.
Families with children who are scheduled for a move in a certain year will most likely choose to move during the summer. By doing so, they don’t disrupt the children’s schedule. The move is easier when they don’t have to worry about adjusting in the middle of the school year.
This brings up the demand for homes during summer. If you’re planning to sell your home, it’s definitely to your advantage to make use of that high demand, so you won’t run the risk of your home being stale in the real estate market.
3. The Motivation Of Buyers Is Intensified
Buyers also seem to have that higher urge to find a home to purchase in the summer months. It’s just the perfect time to move to a new home from the buyer’s perspective.
For families with children, the reason is the same as the point above. The kids are on vacation, and parents are more motivated to search for a new home done before school starts. By doing so, the adjustment on the kids’ schedule will also be easier.
Then, there are the added time families may have during summer. Parents don’t have to worry about kids’ academic needs after their day jobs. The daylight stays longer, which gives busy working individuals more time after work.
Also, the warm weather makes it easier to move. Because the motivation of buyers is higher, it means your chances of closing a deal on your home also increases during the summer.
4. The Potential To Price Your Home Is Better
When you decide to sell your home, it’s natural to want to get the best deal out of it. After all, you’re letting go of a real estate property which, had you kept, would’ve appraised in value.
The good news is if you sell your home during the summer months, you get to enjoy a higher potential to price your home better. First, there are many homes up for sale, too. This gives you more means to compare prices, so you know how much your home can be sold for.
Second, the demand is high, so you can price your home higher. This is unlike the times when the demand for homes is low that you also have to settle for a low selling price just to attract a potential buyer to your home.
Without a doubt, there’s plenty to love about the summer season. The season makes it great for some outdoor fun and travel. The kids are on vacation. The weather is beautiful and warm.
Among the many activities homeowners might go through, one of the most common is selling their homes as they upsize, downsize, or move to a new location. If you’ve previously been on the fence about whether summer is a good time to sell, the reasons enumerated above can remove those doubts.