The Best Time to Sell My House?

People often ask "When is the best time to list my home for sale?" My

answer to that is "Whenever you are ready."

Too many people try to analyze and predict the best time to list their

house. The truth is, there really is no best time/worst time. Some

people think it is best to list in the spring when there is more

activity and there are more buyers out looking but that is also what

most other home sellers also think so there are lots of other houses

for those buyers to choose from. More competition for you house. Yes,

good houses sell faster in the spring but so will the nice house you

are trying to buy. You could get multiple offers on the home you are

selling then be competing with other buyers for the house you want to

purchase.


It is commonly thought that around Christmas is not a good time to

list. While it is true that sales activity drops off considerably in

December there are still buyers looking, just not as many. You would

get less potential buyers through your house, but any that did come

you can bet they are ready to buy. And there are less houses for

buyers to choose from. On a personal note, some years ago I was a

ready and willing buyer right around Christmas time and I remember

being annoyed that there was nothing for sale when I was ready to buy.

Some people want to make changes or improvements to their house such

as painting, landscaping, flooring etc before they list. Doing such

things are generally a good idea to make your house more salable but

once they are complete, get your house for sale! Whatever the time of

year it is.

Also, prices do not fluctuate that much based on seasonality. House

prices generally do not drop in the winter as many people think. You

are not going to make a bunch more money by waiting until the spring.

People should base their decision on personal matters such as, when

the new job starts, retirement, when the kids finish school or

financial problems etc. Or they see a house they fall in love with.

Those are real life reasons.

There are always ready sellers and buyers out there looking to make a

change in their housing, so really, don't make a decision to move

based on the real estate market, make it based on when YOU are ready

to move.

James Myers is a Realtor in Barrie, Ontario, Canada specializing in

helping home sellers and buyers achieve their real estate dreams.

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