While spring and summer are traditionally considered prime real estate seasons, the advantages of selling a home in the fall are often underestimated. Here are five compelling reasons why autumn might be the best time to list your property and make a big change.
Reduced Market Competition
Unlike the bustling real estate seasons, the fall landscape typically experiences less competition. With fewer properties vying for attention, your house could stand out more prominently, attracting serious buyers actively looking to make a purchase. This reduced competition can lead to a quicker sales process and even multiple offers. Active buyers in the fall can also be more motivated – their sense of urgency could work to your advantage.
Accelerated Transactions
With this cyclical lull, you’ll find a unique advantage in expediting your closing process. Mortgage lenders, attorneys, home inspectors and appraisers with reduced workloads can focus on ensuring your transaction glides along seamlessly. These factors often mean a swift and efficient closure, alleviating stress and providing a harmonious experience for all parties involved.
Favorable Timing
Aside from striking a balance between summer’s energetic buzz and winter’s slower pace, this period also offers a sweet spot for buyers who want to settle into their new homes before the holiday festivities kick in. Potential buyers can be eager to start the new year in a new home. By listing your house in the fall, you align with the natural rhythm of many people’s schedules, increasing the likelihood of attracting committed buyers.
Optimized for Comfort
In the cooler months, you can lean into your home’s cozy and inviting aspects in a way that might not work as well in summer. In addition to all-season staging tips, fall is a great time to make a fireplace the focal point of a room and style your interior to emphasize warmth and coziness. And no matter when you decide to sell your home, a fresh coat of paint is always a good idea, but in the coming months, consider a rich chestnut glow on an accent wall or a neutral cream with warm undertones.
Enhanced Curb Appeal
After the heat of summer, cooler weather can also provide a vibrant backdrop for showcasing your home’s curb appeal. Along with thoughtful staging inside, optimize the exterior for maximum interest. Seasonal landscaping and tasteful decor in moderation, such as pumpkins or an autumn-inspired wreath, can further accentuate your home’s charm and help potential buyers envision themselves living there. It’s also beneficial to run through a fall maintenance checklist for any updates needed before your house hits the market.
Yes, it’s true – the fall season presents many home selling advantages! From seasonal curb appeal to motivated buyers, this time of year offers unique opportunities for a highly successful transaction as you prepare for your new adventure.
Sources: Original Posting on ColdwellBanker.com
– Devin Lucas
Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County coastal communities, serving individual and investors in residential real estate, including leasing and select local property management.
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Lucas Real Estate
REALTORS® and related Real Estate Law & Tax Considerations
Lucas Real Estate is a unique full-service residential real estate brokerage providing related residential real estate legal services and real estate tax considerations and planning, based in Newport Beach, California. | Devin Lucas is a licensed California Real Estate Attorney, Real Estate Broker and REALTOR® | Courtney Lucas is a California licensed CPA and REALTOR®
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