You might be thinking that the spring is the ideal time to sell. It’s the busiest time in real estate with buyers looking to move before the fall. However, did you know that selling in the winter can give you the real upper hand? So why might this be? Keep reading!
1. Low Inventory & Less Competition
When the snow melts and the promise of summer is in the air, homes are listed left, right, and centre which means more competition for you. However, if you choose to sell in the winter, you’re getting in before the market becomes ultra-saturated. Low inventory means less competition- big bonus for you!
2. More Serious Buyers
Winter brings out the real go-getters- the buyers who are serious about purchasing. In the spring and summer, you’re more likely to see the influx of window shoppers, who eventually want to buy, and curious neighbours. Winter? Not so much. Let’s be real, not everyone wants to brave a Canadian snowstorm. You may find there’s less traffic at your open houses but 5 potentially serious buyers is better than 10 people who are just curious.
3. Save on Moving Costs
Naturally, the ebb and flow of the moving business reflects that of what’s happening in the real estate world. Moving businesses peak in the summer when the weather is more palatable. However, by selling early in winter and closing at the tail end could score you some serious savings and promotions on moving costs.
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