Choosing to sell a house is a big decision that a lot of time and effort is put into. Between the cleaning, packing, and finding a new place to move to, it can all become very overwhelming at times. One of the biggest challenges in selling a house is deciding the best time of the year to do it so you have the best chances of getting your asking price. Many studies have been done to show the best month to sell a house, and related tips for selling your house, based on locations, time frames, price range, and just about everything that affects the real estate market. Ultimately, the decision is up to you and when you most feel comfortable moving.
Many studies will tell you this is the number one time to sell or listing in that month will never get your home sold, but the truth is, there are so many things that have to be taken into consideration. Take location for instance: If you live in New York, you are probably not going to sell a house in January in the middle of winter, but in Arizona, the weather is pretty constant all year round. Weather might not be a huge deal in a Southwestern state. By the same token, one study might say July is the best month because you are not spending money on holiday travel or gifts so that extra money can be used for moving costs, but around January many people see new year bonuses and raises. There is no easy answer that can tell you the best month to sell a house as it is all relative to your own situation and your local market.
Regardless of when exactly you put your house on the market there are some things you can do to increase the traffic of potential buyers. One of the main ways to accomplish this is to hold an open house. Staging a house to sell for an open house can showcase the house’s best features and provide new buyers with an idea of how to turn an empty room in to a liveable space. But that is not enough. Very rarely does a sale happen at an open house, but it can help provide a platform for discussion. If you list your house at a good price, your real estate agent can inform potential buyers that if they like the way it looks on paper they could come to the open house. It could act as that final push to make the buyer put down an offer. Overall, choosing which month to sell a house is something the seller and realtor must decide together. With the numerous factors that go into selling a house, they must all be accounted for before determining when to put your home on the market. With a little know-how and forward thinking, your house can be sold in no time at all.
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