Why Listing Your House in January Isn’t as Bad as You Think
You may have heard that trying to sell your house early in the year is a bad idea. The weather is poor, and buyers typically don’t like to move in the winter. If you list your home in January, it might sit on the market too long, and that looks bad to potential buyers as well.
While it’s wise to be attentive to concerns like these, they don’t make up the whole story, as any expert realtor will tell you. In reality, January can be a great time to sell your home, especially if you need to move. Let’s look at five reasons why selling your home early in the year can be a brilliant idea after all.
There is Low Inventory
One of the best reasons to sell this time of year is that most people don’t. Therefore, your house will be one of the only ones on the market. That means that there are probably more potential buyers than houses, which works in your favor. Especially if your home is in a desirable area, you might get multiple offers from motivated homebuyers (see below). Currently the Naples, Florida real estate market is experiencing record low inventory. If you are considering selling, this is an excellent time.
Many corporate moves happen early in the year. In fact, January is the most popular month for corporate transfers. Companies plan to restructure in the new year, but delay moves to allow their employees to spend the holidays with family.
Once January hits, though, it’s time to get moving–literally. Most transferees have limited time to find a new home, and if they have kids that need to enroll in school, they’re even more motivated.
Buyers are Highly Motivated
This brings us to our next point: buyers early in the year are highly motivated. Whether it’s a corporate move or another reason, they tend to be quite determined to buy. They also know that there are not as many listings available – especially in a market like we are currently experiencing. When they find something they like, they don’t wait around.
That can also give you the upper hand in negotiations, closing dates, and more. If you need flexibility, you might get it in January more than any other time of the year.
Less Curb Appeal Maintenance
Winter means less lawn maintenance whether you’re selling or not. The winters in Southwest Florida are our dry season, which means you won’t have to do so much work to maintain your exterior. This means that the landscaping that’s currently surrounding your home is likely enough for a buyer in January.
The Numbers Bear It Out
The numbers don’t lie; homes sell almost as well early in the year as they do in the spring. What is more, in the wake of the peak of the pandemic, everything has been thrown off, and the real estate market is booming everywhere, including Southwest Florida. Call the Link Team now to discuss your options.