Before putting a home in a market, you will ask yourself what would be the best time to sell your South Florida home. Most sellers do it when there is a high demand, during the spring or summer months. However, most property purchases in South Florida happen in the first half of the year, starting from January. You’ve probably heard spring season has the most sales, and you’re considering postponing to put your home on the market. Still, the success of a spring housing market is not because of the warmer weather. It’s because most of the deals are made in winter, and closing can last up to a couple of months. Thus, if you doubt whether you should put your home on the market at the beginning of the year, here are the advantages of selling your South Florida home in winter that could help you decide.
Selling your South Florida home in winter can bring you a higher value
Holidays bring the best in people. It is a common misconception that selling a home during holidays will take longer. Spending precious moments with our loved ones evokes the nesting feeling in many homeowners. It is the time when we hope and plan for our future. So, if ever was the time to search for a new house, it’s at the turn of the year. Conveniently for the sellers, there are not too many homes on the market from November to February. Therefore, you don’t need to lower your home price to match the competitive market. Estimate the approximate value of your property and wait for the eager buyer to give you the offer. If you work on presenting your home’s best features this winter, the number of potential buyers that will contact you will surprise you.
Your property will be “more visible”
Fewer listings during the cold season will give you the perfect opportunity to set a higher price for your property. Since there is less competition, your home will draw more attention. Thus, you will gain an advantage over multiple offers. However, even with the perfect opportunity for significant financial gain, you need to be realistic with the property estimate. Regardless of the need for a new home, home buyers would rather wait or temporarily rent a place than settle for an unrealistic price.
Winters in South Florida are warm
Depending on where you live, weather can play a significant role during a home sale. Snow and cold weather can slow down the markets. No one wants to bother with a house hunt and move in the dead of the winter. However, winters in South Florida are mild, dry, and warm, with the ideal temperatures. Many future homeowners prefer buying a home in warmer parts of the States because who would not want to live in an all-year-long summer climate. One of the advantages of selling your South Florida home in winter is its desirability all year round, which is great for sellers. Even though Florida’s humidity can cause issues for many homes, maintenance is easy since you don’t need to winterize your house for harsh winter conditions.
Most job transfers happen at the beginning of the year
Early in the year is usually a popular time for moving employees. According to experienced professionals from promoversmiami.com, many clients relocate in January and February because of job opportunities. These changes can catch anyone by surprise, resulting in urgency to look for a new house. Such homebuyers will offer more if they can solve the housing problem quickly.
Buyers have a higher purchase intention
Thinking about putting your house on the market in the winter probably means you need to sell the home fast. Luckily for you, winter buyers are the same. It is a busy time of the year, and time is of the essence for many. During summer, buyers don’t rush when browsing dozens of potential homes. But in winter markets, the search is almost entirely done through online ads and virtual tours. Only serious buyers will bother with showings in person. While some spring and summer home-hunters are put off when a property has been on the market for more than 50 days, winter buyers find these details irrelevant.
The moving process will be more convenient
There is nothing worse than moving during hot, humid Florida summers. Relocation requires a lot of work, indoors and outdoors evenly. Whether you’re tackling a curb appeal to add more value to your estate or cleaning the house after packing, you won’t have to sweat too much if doing it in Florida’s winter. In addition, since it’s off-season, booking a residential moving service will be much easier. Many companies have flexible schedules because most relocations happen in warmer months. If you already have a new home, you can turn to professionals and organize the move.
There are many advantages of selling your South Florida home in winter. However, every home selling process requires you to put a lot of effort into it. Just because it’s easier to sell a home in winter, it doesn’t mean it takes less work to get it ready for the listings. Your priorities should be the work on curb appeal, staging, etc. to attract many buyers. Therefore, when deciding on this move, hire the best real estate professionals in the business. Fortunately, with a slower housing market, you’ll be able to get the most reputable agents at affordable prices to help you navigate the whole process.