Legends of the Fall: 4 Reasons Why Fall is a Great Time to Sell your Home

by Diane Luebbers 

It is a common misconception among people selling their home that fall is not a good time to list their home. Those people are what I like to call wrong. Fall can be the best time to sell your home for several reasons. 

Reason #1 Less competition

With fewer homes on the market than during the spring and summer months, your listing is more likely to stand out to potential buyers. If sellers who want to list this year hold off until spring, their properties, combined with the rest of the spring/summer inventory, could decrease the competition for a specific home. Do you really want to compete with all those other sellers in spring? Maybe not. 

Reason #2 More serious buyers/fatigued buyers

People who are looking to buy a home in the fall or winter months are usually more serious and better qualified. With the holidays looming, there is often a sense of urgency to get into a home and get settled as soon as possible. In addition, other buyers that have been looking for months and have missed out on a bidding war or two may have refined and honed what is essential in their choice of a home.

Reason #3 Faster closing

Since there are typically fewer real estate sales in the fall, the service providers who are needed to close the transaction may be more available. Home inspectors, mortgage brokers, appraisers, surveyors, and attorneys may have more appointments available leading to a quicker and smoother transaction, meaning less stress for everyone involved.

Reason #4 Possible Tax Benefits

Some costs linked to the sale of your home can be included in the cost basis of your home. Increasing your adjusted cost basis can decrease the capital gain associated with the home sale.

There are other great reasons to sell your home in the fall, one of which is the natural beauty of the fall season itself, drawing many out-of-town buyers to the area, with mild, crisp temperatures and brilliant fall colors providing a perfect time to showcase the beauty of your property and get your home sold for a great price. 

One last thing to think about: If you need to sell before you buy, selling your home in the fall means you will be ready in the spring to beat the rush of spring buyers. Selling in the fall means you will be among the first to find that perfect new nest come springtime, avoiding costly bidding wars. After all, the early bird gets the worm, right?

Diane Luebbers, The Luebbers Team, BluAxis Realty

Your Concierge Realtor Team! We tailor our services to fit your needs!

(828)-785-8551, www.RiverstoPeaksRealty.com, www.jimanddianeluebbers.com

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