Major Pros & Cons To Consider When Putting House For Sale In Winter

Winter is coming and you have decided to put your house on sale. Typically, we’ve heard that spring is the best time to sell your house. Pleasant weather, flowers blooming and birds chirping makes Spring season an ideal time to buy the house. But is it true?

Not really! There are a lot of reasons for listing your house in winter can prove to be a smart decision. Situation differs from person to person. But, a real estate agent can give you the best advice you need and set up smart strategies for you in order to sell your house in the colder months and give you the best deals.

If you have a house in San Antonio, and you wish to sell your house, then below listed are a realistic pros and cons before you take a decision.

Pros of selling your house in winter

Fewer Competition-

A true fact is that very few people choose to list their homes in the winter season. That can be in your favor as your home has a better chance to stand out against other properties. Active buyers will be having limited option and fewer homes to choose from and so your property can attract them. Why not be the only one to sell the house instead of three different home sellers in your neighborhood!

Motivated buyers-

A lot of extra efforts go in looking for houses in the colder months. Holidays will keep people busy and the rest will be enjoying Christmas parties and drunken nights. Packing and moving process in the winter time is no fun at all. This makes it likely for you to avoid wasting your time with buyers who are not serious and making any offer.

Spring season is when most houses are on sale and this is also the time when many looky-loos go out for window shopping for houses. But, nobody dares to do so especially when the weather is chilly. So you can be rest assured that only genuine buyers will be taking keen interest towards your property. Motivated buyers will come around mostly in the month of January as many companies do corporate relocations. Someone relocating to another city altogether will not have the luxury to do home hunting and will seal the deal with the house that is available to buy on priority.

Loan processing is quicker-

Housing inventory being slow in winters mean that lenders will be less busy. This means that when the buyers are ready with the contract, the entire loan processing will be done much faster and everyone will be eager to close the deal as soon as possible.

Holiday decorations will make your home more inviting-

Because it will be the Christmas season, snowfall, Christmas tree, fairy lights and fire place will improve the overall curb appeal of your house and make it look warm and inviting. This way, potential buyers can envision themselves in the new space. This way, you will not have to bear extra costs for staging up your home. A known fact- A well-staged home will sell faster as compared to a non-staged home.

Homes sell faster in winter-

Because of fewer competition during winters, limited options are available for potential buyers and so it becomes easier for them to choose their dream home. With the correct advice from your real estate agent, you can use proper marketing strategies and list your home on online websites and sell your home faster. A survey report states that, contrary to the popular belief, homes listed for sale in winter sold within 4-5 months of its listing. It also earned 1.1% more money than spring.

Cons of selling your house in winter

Weather woes may sometimes be not ideal for showings-

Because of the daylight savings time, you can lose 2-3 hours of sunshine for prime home viewing. Also, cold weather will mean less number of showings. But remember, quantity is not important than quality. Also, severe weather conditions will make it difficult for potential buyers to commute to your area for home viewing and they might consider being indoors rather than going out in the cold.

Home showings will require extra efforts-

You will not know the exact date and time as to when the buyers will come for viewing your property. Therefore, it will be important that you keep your house neat and tidy at all times. Keeping your home “view ready” is no joke. Colder days will mean that maximum time will be spent indoors and so you and your family members will have to keep things organized at all times. And not to forget! You will also have to keep the outdoors of the home clean too. And doing so in the cold weather is pretty challenging.

Winter buyers may have additional financial costs too-

It’s the holiday season and so many of them will have planned vacations and a lot of Christmas gifts to buy for friends and family. This might be a discouraging factor for them to buy a house in winter.

Conclusion

Like every decision in life, selling your home in winter has its own pros and cons. However, everyone has a different experience in doing so. With the help of an experienced real estate agent, you can take their advice and take your decision.

If you are interested in selling your home this Winter Season, Reyes Signature Properties is here to accomplish your goals. With years of experience in the real estate market and selling homes in San Antonio, Texas, you can be rest assured that you are working with a team that knows the ins and outs of the real estate market very well. If you are planning to buy or sell your house in Keller Williams, San Antonio or anywhere in Texas, head over to our website and check out the listed properties and be one step closer to your dream home. So what are you waiting for? Give us a call today!