Most experienced housesellers know that some periods of the year are better for sale than others. Can you still sell your house in winter, or will the sale fall through?
Nobody smart sells a house during winter, isn’t that right? Not really! In fact, many great deals were made during the coldest months, despite what people say. This isn’t only true for those who live in southern states, as properties are being sold throughout the year. Sure, more sales are being completed during the summer, but that doesn’t mean you can’t sell your house in winter.
If you’re thinking about putting off the sale until spring, don’t wait. Believe it or not, there are many advantages to selling your house before it gets warmer. Read more to find out what are the pros and cons if you want to sell your house during winter in Milwaukee!
Why Should You Sell Your House in Winter?
Selling a property during winter has many good sides. Sure, there are also some downsides to it, but let’s try to look at the positives.
Everyone’s talking about the smaller number of buyers operating during the winter – and this is true. However, this typically means less sellers, and this results in less competition for you. Typically, during winter, you can expect more than 10% less homes on MLS, which means that the buyers that have remained are more likely to look at your property. Of course, you have to ensure your house is in a top notch condition, to attract the limited pool of buyers, but if you do the marketing well, chances are you’ll find the right buyer fast.
More Serious Buyers
If someone is going through the hassle of trying to find the right property during the holiday season, you can be sure they mean business. If you want to sell your house in winter, you should know that those few buyers that remained are more serious, and they won’t give up on the purchase just like that. Most winter buyers are in urgent need of finding a new home, since they have decided to spend cold winter days looking for a home.
The Internet Doesn’t Care about Seasons
If there’s one good thing that COVID-19 pandemic did, it’s transferring everything to a digital space. Now people can find the right property without ever leaving their living rooms. Even many financial transactions can be completed online! This instant access to the pool of properties makes sales and purchases easy, no matter the season. The internet made it very easy to sell your house in winter. Just make sure you have great photographs, or even a video tour prepared! If a buyer doesn’t have to get outside in the cold, they are more likely to make a purchase.
Who would want to think about such a serious transactions as selling a home during holidays? While this is true, many people were just waiting to have some time off and dedicate it to life changes – for example, looking for a new place to live. Holiday season doesn’t just mean more time to rest, but also more time to browse the internet – and as we’ve already mentioned, most houses for sale can be found online.
If you buy a house near the year-end, you can capture some tax benefits. In other words, home purchase can commonly be written off on taxes. This is why it isn’t such a bad idea to sell your house in winter in Milwaukee. Many buyers know of tax benefits they will have with such a purchase. Some of tax-deductible expenses during a house purchase are:
- Real estate taxes
- Mortgage interest
- PMI premiums
If you really want to sell your house in winter, make sure your buyer knows about these benefits. This can help them make a final decision.
Tips for Selling a House during Winter
The main thing that can help you sell a house during winter is to make potential buyers feel warm when they enter your property. Also, it’s easier to make someone feel like they’re at home during winter, as the property itself can look much more comfortable.
Don’t keep too many Christmas decorations. It’s okay to want to decorate, but don’t make the decoration overpower the room. This can make the house feel crowded, or like it’s ready for a festival, and not to be a family home. However, adding a cozy factor is always a bonus. Light the fire if you have a hearth, and place rugs before you take pictures. This can make everything feel warm and soft.
Outdoor lights are also a good idea. Even though open houses aren’t a good idea, you should still have nice photos of the outdoors. However, Christmas yard decorations are never a good choice, as they make your house seem less serious. Don’t take pictures while there’s snow outside! This can make you look like you have something to hide.
Can You Sell Your House in Winter Fast?
Typically, homes take longer to sell in winter. However, there is one way to make a fast winter sale – and to save some money, as well – and that is to sell to a direct buyer, such as Sparks Property Investors LLC. Direct buyers buy houses no matter the season, and winter isn’t a problem for us. Also, we’ll buy house as-is, so there’s no need to worry about Christmas decorations or cleaning the place. We’ll pay in cash, so you can get your money early enough to buy holiday presents or to go on that winter vacation. All in all, we can close the sale in up to 7 days! This allows you to sell your house during winter in the most comfortable and stress-free way possible.