If you’re thinking of waiting until May to sell your home, you may want to reconsider. Here’s why.
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You may have heard before that May is the best time to sell a home. While it’s true that the highest number of real estate transactions take place during this month, it doesn’t mean it’s the best time to put your home on the market.
If you want to net the most money for your home, the best time to list it and get it sold is now.
Just like any other commodity market, real estate follows the law of supply and demand. When there’s high demand, prices rise, but when there’s a high supply without much demand, prices fall.
There’s something invigorating about the spring season that makes people want to take action. The world seems fresh and new, the sun is shining and the flowers are blooming, and homebuyers are ready to make some decisions. This is exactly what you want as a seller—buyers looking to make a purchase.
“REAL ESTATE FOLLOWS THE LAW OF SUPPLY AND DEMAND.”
The demand is there, but what about the supply? The inventory of homes is rather low during the springtime because sellers are waiting for lawns to grow, for school to be out for summer, or for May to arrive. This high demand and low supply means sellers will be able to sell their homes for more money.
If you’re thinking of selling this year, I’d love to share with you my selling strategy, designed specifically to net you top dollar for your home. If you’d like to talk about your real estate plans, have any questions, or need further information, feel free to reach out to me. I look forward to hearing from you soon.
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