January is widely regarded as a time for new beginnings. Time for big changes, like making the decision to sell or buy real estate. And it’s the best time of the year to sell a home. If you intend to let go of your current home in 2019, then January is the time for you.
Here are some reasons why January is the best time to sell a home:
As the first month following a string of holidays, January has the most dedicated and organized buyers. They’ve come prepared to start off the year right, and they’re not waiting for Spring to do it.
Many homeowners hoping to sell wait until the “Spring Selling Season” when everyone tries to sell their home at the same time. Before the internet and easy worldwide communication, it was a great plan for everyone to come to market at once. Now it just means sitting out while others sell.
Fewer Days on Market
Since there are fewer listings and more serious buyers in January, it creates the perfect storm for sellers, which means your home will likely spend fewer days on the current real estate market. The urgency of buyers in this period makes them more likely to commit to a sale than any other month of the year.
Tips for Selling Your Home in the Current Real Estate Market
Following are some tips you should follow if you want to sell your home fast in January:
Pay Attention to Curb Appeal
Curb appeal is no joke. Your home’s exterior is the first thing a potential buyer will see, so it is highly recommended that you make sure your plants are properly cared for and your lawn is manicured. Do a little landscaping, fix broken sidewalk pieces, green up the grass. Buyers are affected by how relaxing the deck, patio, or yard looks. If you decorated your home for the holidays, be sure to remove the lawn ornaments and/or outdoor lighting before you show your home.
This includes floor squeaks, door handles, broken faucets, etc. Also make sure nothing embarrassing or annoying is visible which can ruin the mood of your showing.
Have the Home Professionally Staged
Home stagers have the expertise to make your home look really inviting. They will make visitors want to linger in the home and also increase its apparent value. Laura Wucher Real Estate Team always provides complimentary home staging.
Being flexible on your home’s sale price is one of the key components of selling a home during the first months of the year. Since there are fewer active buyers in the early part of the year, demand tends to be lower. However, it is worth mentioning that home buyers at this time of the year tend to be serious about making a purchase. You will be far more likely to sell your home fast if you are flexible with the sales price.
There is no doubt that January is the best time of the year to sell a house. However, you shouldn’t worry about which specific days are best to sell a home. The key is to use smart strategies to make sure that your home sells fast. The above-mentioned tips will help you start off the new year with a win.