Timing is everything. And that couldn't be more true when it comes to fall real estate. Property markets fluctuate according to a variety of reasons, but the time of the year is among the most regular and predictable factors impacting your chances of making a sale. Here we take a look at four compelling advantages of selling your home in the fall.
There's less competition
In most parts of the world, spring steals the show when it comes to the property market, usually due to people wanting to capitalize on the coming weather and increased curb appeal that it brings. With so many people selling, though, it can be difficult to make your own property stand out from the crowd. Autumn is typically a quieter season for the market, meaning you'll have less competition. That said, you can still work to give your fall real estate an edge over what competition is out there. Feel free to play on the season by using holiday decorations, for example.
You'll only deal with serious buyers
With most people back at work and therefore relatively time-poor by autumn, you can bet that those who are shopping at this time of year will be dedicated buyers. During the holidays, it's not unheard of for people to browse homes somewhat casually. This is obviously no good if you're looking to shift a property. In autumn, chances are that those who come to view your home are in the middle of a serious house search, which could perhaps make an offer all the more likely.
Your garden is at its most colorful
Anyone who knows anything about buying and selling will tell you that it's important to have your property looking its best when you go to market. There are a whole host of things you can do to ensure that this is the case – redecorating, thoroughly cleaning, staging – but not everything is entirely within your control. One fine example is to be found out in the garden.
The colors of the leaves on your trees will be turning gorgeous coppery-gold, and fiery reds throughout the autumn. This should make for a dramatic and spectacular backdrop for your fall real estate. Many late-flowering plants may also still be in bloom in the early autumn, adding a further dimension to the colors outside your home.
Sold in time for the Christmas holidays
The benefits of selling your home in the fall don't just relate to the ease of making a sale. There are also some considerable practical benefits to be seen in the fall real estate market. One such advantage is that there's plenty of time for the sales process to complete in time for the end-of-year celebrations. At Christmas and New Year, it's nice to be able to feel settled at home, so it's a real bonus to have any sales completed in good time. Going to market in autumn is a smart way to ensure you'll be ready.
Determining which time of year to list your property is just the beginning of preparing for a sale. Engel & Völkers property insights can help you with everything else, from smart staging decisions to the practicalities of making a sale.