Fall is now officially here and you are probably thinking that you have lost the opportunity to get your home sold and will have to wait until next spring. Not in Charleston's market! Although our fall market does not bring the swarms of buyers we see after the winter holidays, the fall season brings out the most serious buyers. Why? Because as people continue to relocate to the Charleston area for Boeing, Volvo, MUSC, etc, many of these people will have employment contracts that start at the first of the year. So, they want to make sure they have a home secure for their families. And selling during a slower season does NOT equate to less money. That is a misconception that many home buyers have based on untrue data that floats around the internet. With the right agent, and your home being priced appropriately for its present market, you can get the optimal sales price even during the fall season. The top three benefits for listing your home in the fall are as follows:
1. Serious Buyers Although the spring market brings in a large crowd of buyers, that crowd contains a lot of buyers that are excited about the season and fall into the "trend" of house hunting. These people tend to end up not being really serious about purchasing a home and hold off until another time. If people are investing time to look during the fall season, they are more likely to be interested in actually buying your home instead of touring it.
2. Less Competition Selling in the fall is not something that many families can accomplish due to personal schedules. That is why a significant amount of homes get listed during the spring season which means a lot of competition. Selling in the fall means the potential house next door that has slightly more upgrades that may have been listed during the summer, does not make your home sit stagnant since everyone wanted your neighbor's home. It also does not devalue your home because of the house that could go up next door that could be under-priced for the neighborhood and draw all of the attention. With a slower season, you get dedicated attention attention to your property which increases the chance of a sale.
3. Easier to Find Your Dream Home Not only do you get to benefit from less competition but you will have a much more calm pace through the process which will make it less stressful and everyone will be all around more happier. If you already have not done so, set up an alert for your desired area and as new homes come on the market, you will get a daily email alert with all of the latest listing info.
HAPPY FALL Y'ALL!