Why Spring Is The Best Time To Sell Your House

Spring. The days are longer, the sun is out, the smell of freshly cut grass is back in the air and the plants in the garden are blooming, and for many, this is the best time to sell your home. There are many realtors that see it this way, there are others who point to disadvantages of selling your home in springtime, the fact that competition could be at its highest, but we’ll get to that later.

Whether it is the weather that gets buyers out or the fact that certain areas of the country, like Florida start to see a shift in local geography with people buying more homes after a cold winter elsewhere in the country, we see that the much thought reasons for buying and selling in spring do make up for the busiest periods in the market place.

So why is spring a great time to sell your home? Here are some of the best reasons for getting your home on the market and getting the best value for your home property.

Better sale prices
Whether you decide to sell FSBO or through a realtor, the reality of selling your home in spring is simple, you can command a better sale price because, there are more houses on the market.

It’s a little counter-intuitive, greater supply should mean that the prices are driven down, but there is a reason why they are driven up; demand is seasonal and affected by things like the weather and the school year and the other contributing reason is simple when you think about it, that is when people have time to move in the holidays. Seasonal demand outstrips supply and that is why homes can sell at their better sale price.

Homes look better
When it comes to your home, the spring time can be one of the better times for potential viewers and visitors as your house will start to show all the unique selling points in the better weather and not be hidden by things like bad lighting or weather; of course if you need to get work done, this would also show up more in this period.

Longer days
The longer days in spring are great for multiple reasons, more than anything, if you were the active sort of person, the nighttime can be a great time to get some good quality exercise in. However, the longer days for a home seller also means that you can fit more home viewings into one day as there will be more daylight and a greater opportunity to show what your home looks like in the light rather than through artificial lighting.

Better valuations of your home
It’s simple, with more homes on the market in this period compared to other times of the year, you will have a greater opportunity to see what the local house market is valuing homes at and where you have opportunities to sell your home and what kind of additional value or premium you can place on your home compared to others in the area.

Is spring time one of the best times to sell your home? Yes, most definitely and hopefully these tips give you a little more indication as to why.

For more details on how to sell your home in spring or to have a quick chat with one of our advisors, why not pick up the phone or drop us an email and get in contact today.

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5 Mistakes To Avoid When Selling Your House

Mistakes, we all make them. Whether it is the dress or suit you are wearing, to what you picked out at a restaurant for your meal. Yes, we all know the feeling, but there are some mistakes which can have a more lasting consequences if you’re not careful. That’s right selling your home is where the casual mistake can cause multiple issues.


When you put your house on the market, you will think to yourself, “That’s it, it’s on the market and I’m ready to sell! Photos have been taken, we’re on the listed property sites, we’ve attracted our first potential buyers, it’s all going great.”


But then, you start to notice something. People aren’t biting. There have been no bids, your house hasn’t sold and there isn’t the whiff of something happening soon. This ladies and gentleman is the art of selling a home, and now you’re battling to get everything right to try and sell.


Mistakes, costly when you’re selling a home and even more costly if you’re trying to do it quick. So, what are the mistakes to avoid when it comes to selling your house and how can you avoid them? Here is our quick guide to help you avoid the usual pitfalls.


1) Stalker sellers
We understand that the temptation is there to be present throughout the home selling journey, I mean, who is going to know your house better than you, right? You understand the layout, where the sun traps are, and where you have invested money in making your house, the home it is today.


But, by disrupting the viewer constantly and invading their personal space, they aren’t appreciating the property, they’re being disrupted by you the seller. What if they want to ask questions about the local property market? What if they want to speak to their partner about areas of the home for improvements or how they could see themselves living there? These are all the kinds of things you want to give time and space to.


Solution
Leave the buyer’s alone. If you can, let the agent take them around the house and you go for a starbucks or walk whilst they’re viewing your property.



2) Overvaluing your house
Another common mistake for when people are selling their home is how much value they put into what they think their home is worth. Whilst there may be a lot of sentimental value in the home, you can only sell your house for the amount the market deems it worth to be. If you don’t have a good idea of what your home is worth, you shouldn’t be valuing the property, simple as that.


Solution
Leave it to the agents. A lot of realtors understand the market better than you. They have an appreciation of local and market factors, they know how to competitively price your house and set realistic targets to getting your home sold.


3) Dirty and smelly homes
This one is obvious, yet there are plenty of people that make this kind of mistake when showing their home to potential buyers. Having a dirty or smelly home is not going to help improve your chances of selling your property.


bedroom homely


From having dirty plates in the sink to a coffee table covered in, well, coffee cups, it doesn’t help give the potential buyers a good idea of what your home looks like or how they could live there.


Solution
It’s a pretty simple one, clean up. If you don’t have the time, get an agency in to help you or leave them to it. You want a house that is presentable and something so easy to move around in that you can have potential buyers feeling excited about and not feeling like they’re covered in dirt when they leave your home.



4) Bad photos or worse, no photos at all
One of the biggest tips for selling your home has to be, make sure you have great photos of your property. The saying, “a picture is a thousand words” couldn’t be truer for the most expensive thing most people will purchase in their lifetime.


Great photos can really highlight the benefits of your home. From the amount of space to the amount of light, modern features and quirks that make your house the ideal spot, then you have to understand that a great photo can help sell your home, if not perk interest.


But bad photos, or no photos at all could do precisely the opposite. You won’t attract the right buyers, if any and you won’t be marketing your house to the best of its potential.


curb appeal buying


Solution
Hire a pro. It will cost $200 but it will be worth it. Make sure they use the right lenses, focus on the right lighting contrasts and let them get on with getting the best snaps of your home.


And finally


5) Ugly home improvements
We’ve written plenty of times how easy it is to add value with just a lick of paint, but sometimes, people can go a little too far and make the kinds of home improvements that can put of potential buyers. Big Mistake!



Whether it is a new porch, big garden water features or even simply decorating your house to be more, des res, then you could be putting off potential buyers, simple.


Solution
Ask your agent what they think is necessary to help with a house sale and stick to a small budget, that way you can’t overdo it.

 

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How To Sell Your House Short Notice

Owning a house has become a privilege. The statistics in home ownership, especially in large cities is showing this to be the norm over anything else. But when it comes to home ownership in suburban towns and villages, the case is a little different.

Yet there could be a time when having to sell your home fast or at short notice could be something you may never have contemplated. Life unfortunately, doesn’t always follow a script.

We’ve seen this plenty of times. It could be that your job has moved across the country, that you may be going through a separation or that you have lost a loved one. These aren’t the easiest circumstances, and the thought of having to manage a house and the associated bills can be overwhelming. That is why in some cases, like the ones listed, people look to sell their property fast and use the cash for a smaller property or go and rent for a period of time.

Whatever your circumstance however, selling your house at short notice needs to also work for you. If you’re looking to get the most value from your home, in the shortest timescale possible, then we have some advice in how to achieve this.

Here is our brief guide to making your house sale work for you.

How much will it cost?
A lot of consideration goes into selling the house, but not a lot goes into how much it will cost to sell. This can cause a few issues as the unexpected costs can start to pile up. From realtor fees to legal costs you can be anywhere around the 15% of your home value sale once sold.

These are precisely the kinds of things you need to get your mind around before selling your home. You may want to speak to your realtor (see next point) about fees, what is negotiable and what you can do with regards to lowering fees after a period of non sale. I.e. reduction of 3% to 1.5% if the house hasn’t sold after 4 weeks.

Figure out who you want to sell your home
Choosing your realtor is going to be the big decision here. You could sell your house fast for cash, which has advantages, especially if you need to leave within a 10 day window, or if you have a little more time to afford, then you want to shop around.

We, for example look to get your house sold within a 90 day window, that includes marketing the property, getting your legal documentation complete as well as providing the kind of service you would take with other realtors.

You want a team that knows how to turn properties around quickly. For example we have a database of international investors as well as local property experts always looking for another home to purchase. We can piece together the right deals and packages to ensure that you stand the best chance of selling your home, fast, for the right price.

Set the price right
A cash sale offering can be as low as 70% of your house market value. A traditional realtor will look to sell your house for the maximum possible value and take a longer period to do this. It makes sense that they would be more sensitive to a price fluctuation as anyone else.

The key to consider is, what is your home worth – how much would you accept for your home when it is sold. This is the key number that you want to play with. You do this by looking at the market place – is it a buyers or sellers market, understanding home value sales and then working from there.

Get your property ready
Does your home need a few essential repairs? A lick of paint? A spring clean? If it is any of the above, do this first, do it quickly.

However, don’t overspend. Be careful with the money you need to invest into the property and what are overly cosmetic things. Homes have been lived in, you don’t want to go and spend money where it isn’t needed and where you can get more value for your dollar in investing in marketing your property.

Market your property
Your realtor or FSBO agent should be marketing your property but you want to know how they’re doing it and what effort is being made to sell your property fast. Go with an agent that can multiple list your property sale, get people that can spend the time and effort ensuring that you will get the best possible value for your house by getting it in front of as many people as possible.

Also, a property staging is another great way to get people into your home, looking around the property and getting an idea if they could live there. A house staging places the buyer in your home with an intent to buy on the day, especially if your home is well presented.

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