Appraising in Delaware, the Blog...

When is the best time to sell a home and other important selling tips?
January 12th, 2021 11:46 AM

In the world today it is all about planning. We see it from the smallest parts of our lives to the biggest choices we have to make - such as selling our homes. From when to sell and when to let the listing go live it all affects the ability to make the best sale. 


Studies have shown that the best time to sell your home is in the spring and early summer. The specific dates will change from state to state but you typically see a faster turnaround time and more money being spent starting around April 1st all the way up to June 15th. You can see trends for 2019 here: https://www.zillow.com/research/early-may-best-time-to-list-23044/ . Not only are you going to have better weather during this timeframe and more daylight hours to spend to go out and tour homes for the buyers of these homes, your sellers will have plenty of time to do small but impactful updates to home during the winter hours when people like to stay home anyway. 


The day you list your home can also influence the number of people who will see your home. Listing your home on a Sunday vs a Tuesday could get you up to 20% more views which means you will have a higher chance of these people coming to take a look at your home. 


Two things to look for (aka keep your fingers crossed to see) is local job growth and low mortgage rates! These two things are a sellers dream. Job growth means people are going to be looking for homes closer to their jobs, which in turn means they are going to be willing to pay more for the right home with the right conditions to make things easier for them. Low mortgage rates are a no brainer and will get anyone looking for a home. 


It’s truly about research and knowing your market. Your realtors are there to help you with these thing, it’s their job but as we always like to say it's never a bad idea to do some of your own research so you can make your wants and needs known.



Posted by Patricia Persia on January 12th, 2021 11:46 AMPost a Comment

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