The Benefits of Listing Whitehorse Houses for Sale During the Winter
Selling your home during the winter is a great way to stay ahead of the competition. While many sellers would rather wait until spring, there remain numerous advantages to selling during the colder months. For example, reduced competition and buyers who are more strongly motivated. Many homeowners assume that by listing during the winter they will be doing themselves and their home a disservice. However, this is far from the case. To help you understand the benefits of selling your Whitehorse house for sale during the winter, we’ve compiled a list! Follow along below to learn more about why listing in the winter could be of benefit to you.
Reasons to Sell During the Winter
There are so many reasons to list your home for sale in the winter that many homeowners overlook. As we mentioned in the introduction of this post, one of the greatest benefits of selling in the winter is the lack of competition. When the cold weather strikes, many sellers are reluctant to put their homes on the market. This in turn leads to decreased numbers of active listings, and reduced competition for the sellers who do choose to list. For eager buyers, the smaller pool of available homes can help yours stand out, making it more desirable. Additionally, since appraisers have fewer comparable listings to go off of, sellers may be able to acquire a better appraisal.
Another benefit to selling during the winter months is that the percentage of serious active buyers is typically much higher than in warmer seasons. This is because the warmer weather attracts more casual lookers and those who are just starting their buying journey. Once winter arrives, those who aren’t seriously considering purchasing a house usually exit the market. This leaves a more focused group of buyers who are genuinely interested in making a purchase. To entice buyers further, some homeowners will offer a pre-done home inspection. This can sweeten the deal that much more and cause potential buyers to pull the trigger.
Homeowners also find that with selling during the winter months, they get more one on one time with their agents. This is because the market tends to be more quiet. In the spring and summer when listings are plentiful and everyone is interested in buying, it can be hard to garner your agent’s attention. However, it is much easier to ensure their focus on your listing in the wintertime.
Why Else Should You Consider Listing Whitehorse Houses for Sale in the Winter?
In many Canadian markets, the start of winter marks a shift toward more favourable selling conditions. With limited inventory on the market, the few homes listed often get substantially more buyer attention. This makes it much easier for sellers to get closer to their asking price, potentially increasing the chance of a better return on investment. Since inventory is generally low, most winter buyers don’t feel the need to engage in heated negotiations.
In order to make your home stand out even more, try and show off its winter hardiness, while still maintaining the cozy atmosphere. Winter is one of Canada’s most challenging seasons, so highlighting your home’s readiness for the cold is essential. This means making sure your heating is working, showing off your fireplace if you have one, and keeping snow off of walkways and other access points.
Finally, those selling in the winter months could encounter buyers who are relocating for a job. Many corporate employees tend to move during January and February. These buyers are usually highly motivated to find a home to live in since they only have a finite amount of time to do so. This means that when a relocator finds a home that meets their needs, they will be ready to sign off right away!
Contact us Today!
It is clear that the winter market presents several opportunities for homeowners to list their homes for sale. If you’re interested in selling your property in Whitehorse at this time, contact me today. I’d be happy to help answer any questions you have about selling your home. If you have any further inquiries about real estate in the area, please feel free to reach out to me! Be sure to check out my blog again next month for more exciting real estate content. I look forward to working with you in the near future!
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