BRIDGEPORT, W. Va. (WDTV) -- Think winter is a terrible time to sell your house? Wrong! The combination of fewer sellers and eager buyers make it a great time to list.
Courtesy: Angie's List
“Many people think selling their home in the winter is not a great idea, but if you think about it, there’s less competition because there’s usually fewer homes on the market. Also, when there are buyers in the market in the winter, they’re more motivated because they’re not just window shopping,” said Angie Hicks, founder of Angie's List.
“Less competition ultimately is the number one reason for a seller to list in the winter, in the perceptually poorer months,” said Dan Tracy of Fulton Grace Realty.
A recent Redfin report showed that winter-listed homes are 9 percent more likely to sell, and that they sell a week faster than homes listed in other seasons. One thing that helps is a furnace tune-up so your home feels cozy as soon as prospective buyers are in the door.
“What I like to do is make sure the heat is set at a certain temperature. Maybe that’s 72 or 73 degrees – whatever’s comfortable for that home so when you walk in, it feels warm and inviting," said Tracy.
Listing your home now may require a little more effort, especially if weather takes a turn for the worse.
“If you’re showing your house in the winter, you need to be flexible for changing weather conditions, so if you have a showing coming up and snow has just come through, be sure you clear the sidewalks and driveway before you leave your house,” said Hicks.
“The last thing you want is for a prospective buyer to love the home and fall on their way out going down the back stairs," said Tracy.