5 Reasons Winter Is the Best Time To Sell Your Home
The veil of winter is upon the us and the buds of spring are still months away. While selling your home may be something you are considering towards the peak season in May, there are many benefits to putting your Greater Toronto home on the market before the ice melts. Here are some top reasons to rush that real estate listing out sooner to get the highest price for your home.
- Buyers are ready but peak season sellers aren’t in the field yet
The spring market is overcrowded, but there are fewer homes for sale in winter. After the holidays, motivated buyers are anxious to kick off their New Year with some house hunting, but homeowners are often not ready to sell. Like the clever early bird, sellers with their signs up before the competition get rewarded.
- New parents need to upgrade
StatsCan confirms that Canadians have more babies from July to September, so many parents will be just passed the intense newborn stage and ready to focus on finding more space for their growing tykes.
- Year-end corporate bonuses and relocations
As a seller, year-end performance rewards and holiday bonuses mean that more people have money to spend on a home. You could also encounter buyers who are relocating for a new job that begins in the first quarter—a popular time for companies to transfer staff. Corporate relocators are often uprooting their families and they need to settle their kids into a new school quickly. Buyers who are still shopping in late winter are highly motivated to close on a home as soon as possible.
- Your comfortable GTA home will show well in the winter
In the snowy months, the season allows you to show off your home’s cold-weather readiness. When buyers walk into your warm home from the harsh outdoors, they will experience a cozy feeling of arrival—bonus points if your home features a fireplace, hot tub, heated floors or similar comforts.
- Genuine buyers shop in winter
Realtors find that “window shoppers” can often keep them quite busy. These shoppers may be casually considering a move at some point, but they are not on a tight timeline. This tends to be a seasonal activity in late spring and early fall. Winter is for the serious. People who are looking for homes while there is still snow on the ground plan to close a deal within the coming weeks or even days.
If you’re looking to get the best price for your home, sell with Team Elfassy. With over 200 reviews (and counting), a 4.95/5 rating on Rank My Agent and a 1% Full Service MLS Listing Commission, we offer unparalleled expertise, exposure & results. So call us today and hustle to get your home ready soon. You may have a buyer signing well before the flock of peak season sellers swoop into the market.