6 Reasons to Get Your Home on the Market This Spring
Spring is considered a prime home-selling season in most areas. In addition, spring is typically the time when homes that were previously taken off the market are re-listed. If you plan on selling your home at the Lake of the Ozarks this spring, contact Devine and Associates. We can tell you what to expect based on the current market and provide you information on comparable homes sales in your neighborhood. Here are 6 reasons spring is a good time to put your home on the market:
Bigger Sale Price in the Spring
Many sellers take their home off the market in the winter under the assumption that there are less buyers. Consequently, more buyers are likely to shop during the spring, when the weather warms up and the days are longer. Buyers looking for second homes at the Lake of the Ozarks will start coming back to the area to shop for vacation properties. The urgency to purchase a home before the summer will create higher demand. This can result in higher sale prices.
Better Appraisal Values in the Spring
When the appraiser gathers data on comparable homes sold in your neighborhood, current home sales should be available. Off-season sales from homes that sat on the market may have sold at lower prices or there may not be enough up-to-date data for an accurate appraisal.
Homes Show Better in the Spring
Homes show nicely when trees and flowers are in bloom. Daylight Savings also gives buyers more daylight to look at houses and view them during the daylight. The added curb appeal attracts more buyers. Mature bushes and shrubs provide more privacy that some buyers may want.
A bidding war can be a profitable outcome for the seller. There is a better chance you will end up with more money in your pocket, when two or more buyers bid against your home. You are also likely to end up with less requests for repairs and other demands. Additionally, cash buyers can close faster because they do not have to deal with financing contingencies.
Relocating is Easier in the Spring
Families with kids start to look and think about purchasing in the spring. It is easier to move and settle in during summer when school is out.
There may be more Qualified Buyers in the Spring
Some people may receive a tax return during the spring time. This means they have more cash to put toward a down payment. The more cash paid upfront, the easier it is for the buyer to qualify and close on a loan.
Let Devine & Associates List Your Home this Spring
Spring is an optimal time to sell your home. It is important to use a knowledgeable real estate agent at the Lake of the Ozarks to get the best possible price for your home. Devine & Associates ensures a smooth transaction with the least amount of hassle. Of course we know, the bottom line for you is to get it sold! Contact us at (573) 392-9900 for our free Sellers Guide.
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Devine & Associates Real Estate
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