If you’ve been thinking of selling your home, and especially if you’re not in a hurry, you might be considering waiting until spring or even early summer. After all, the real estate market traditionally buzzes more strongly during those seasons.
But is that a good idea?
On the one hand, a traditional uptick in the market in the spring and summer months may mean you could get more for your home. In that case, waiting until spring makes sense. On the other hand, if there’s turbulence in the real estate market next year, your home could be more difficult to sell compared to right now.
It’s a tough decision.
Fortunately, there’s a way to make that decision easier. Start by getting the facts. Find out what the market is doing right now, how much your property would likely sell for in today’s market, and how long your home will likely take to sell.
The truth is you can’t time the market. But, you can get a fairly clear picture of what selling today would be like.
For example, if you knew the likely selling price range and expected time it would take to sell your property right now, you would have much greater certainty than trying to predict what will happen six months from now.
With that greater degree of certainty, you can make plans, including shopping confidently for your next dream home.
Yes, there are circumstances when it is better to wait before you list. The point is, make sure you get all the facts so you can make the best decision.