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.
Bidding Wars can happen more often in the Spring
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.
Where Your Best Interests and Our Best Efforts Meet!
Devine & Associates Real Estate
(573) 392-9900
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