Selling Your Home in the
Winter
In many parts of the country, selling a home during the winter months
can be a challenge. Dreary, cold weather and the end-of-the-year
holidays can keep buyers away and heighten fears of your home staying on
the market longer than expected. However, there are a few things you can
do to enhance “curb appeal.” And when that happens, buyers
will take notice.
For example, if your home has been on the market for more than six months,
its probably time to change the sales approach. There are several
factors that could be reviewed with your real estate agent to determine
improvements that can be made. Ask for a reassessment of the
sales price; it may be too high for the current market. Also,
ask the agent for a new or updated marketing plan and ask for a specific
explanation of each activity. Marketing your home goes beyond a few
ads in the newspaper and a listing on the Multiple Listing Service (MLS);
a good agent will do more to get your home sold.
If your current agent doesn’t respond to your satisfaction, you should
contact the real estate broker (the owner of the office) and ask for a
different sales agent – or, if you’re no longer under any contractual obligation
to the firm, it might be time to change real estate offices entirely.
When setting the asking price through a comparative marketing analysis,
compare similar homes sold in the winter months. Many owners set
their asking price too high because of comparisons with sales prices during
peak seasons. Always try to compare like properties sold at the same
time of year.
Once you’ve settled on an asking price, its time to spruce up the interior
and exterior of your home. Many real estate agents recommend opening
as many curtains as possible to add light and color to rooms. Also,
it’s suggested that you keep spring and summer pictures of your home out
on tables and in clear view. Photos of your front yard flowers
or the backyard shade tree in full summer bloom can help swing many buyers
in favor of a purchase.
Staying on top of winter maintenance and chores is another sure-fire
way of adding value to your home. A neatly shoveled driveway and
cleared walkway can add a nice touch. Make sure the furnace
is in good working condition and that the room temperature is kept at a
comfortable level. Also, check to see that the basement if dry and
sealed from any drafts.
Take yourself on a tour of your home. Start in the basement and
work you way through the house. More than likely you’ll see many
previously undiscovered cluttered spaces and needed repairs that can turn
off potential buyers.
Don’t overload your home with holiday decorations, either. The
buyer should have a chance to see you home in its everyday condition.
|