Real Estate Guide for 2015: Reasons Why 2015 is the Best Time to Sell
Properties regardless of the Season
Giving much consideration on
investing in real estate in 2015 could be a generous deed for many people who
are willing to do some research, be able to get a good purchase and have the
piece of property be properly managed. It requires a lot of strategies to
achieve great wealth in real estate. It could be by purchasing a property, have
it renovated and have it sold at a good price or could be by purchasing a
property at a very diligent price with an intention of holding for years and
have it sold when the value is high. But the most common approach people could
make a good use of it, is to buy properties that could produce income monthly
or annually by having the property rented such as single-family home, an
apartment unit, an office space, retail a building or farmland.
Since most of the people nowadays
see real estate as a good investment to venture, some even hire real estate
agents to guide them on the legalities of selling and buying real estate agent.
But people should keep in mind that real estate investment is often cyclical in
nature. It’s a buying and selling thing. Yet, the most critical point in real
estate is identifying the best time to sell properties in 2015 to have it
converted into real-time money and invest it in a new property of interest.
With recent press releases
hailing Spring as the best season to buy a property in other seasons, this
year, surely, many other competing real estate agent will rush to put the
properties in the market. Consumers will take the good advantage of high demand
and best value offered. However, selling properties should not be a one season
in-demand when this could be a year-round craze by analyzing the benefits of
selling properties in four seasons.
Why Sell Properties in winter?
• People are more likely to buy property for this season since the mortgage rates are at the lowest in over a year and a half.
• Home prices help homeowners build significantly more equity in their property.
• 38% of homes that are under a 30-day contract were listed and 14% of it was sold at a price higher than what is listed.
• The prices of properties month over month increase by 1%
• The competition between sellers is small since most sellers wait for warmer months to sell their properties
• Allows sellers a better chance of getting more than the asking price
• There are a lot of serious buyers in this season
• The best season to showcase the property’s stability to withstand any weather conditions
• The strong motivation on moving before Christmas to a new property encourage prospects to buy property
Why Sell Properties in spring?
• The demand for real estate properties is high allowing agents to get the best value for the property being sold once placed in the market.
• Most properties sold in this season are above their market value
• The Redfin study had noted 39% of listed properties to have undergone a contract within a month-time frame and 15% of those were sold at a higher value that the listed price.
• The prices of properties month over month increases by 3%
• The record of available properties for sale is increased allowing consumers to have better options
• Consumers want to have a fresh start and Spring is definitely the season for this
• Most of the buyers often pay the price in full from the tax refunds they had received from previous years in banks.
Why Sell Properties in summer?
• Among the 36% of property listings that are for sale, 12% were sold at their listed price.
• Most families tend to move on to their new property during summers since they don’t have to pull out their children from the class. They’ll be well-settled just before a new school year commences.
• It’s easier to move in summer months and have some additional building on a new property acquired.
• Makes summer vacation enjoyable for people who will be able to buy property in this season where they could spend the rest of the summer break.
• Makes additional home improvement more convenient particularly in painting a fresh color of choice for the newly acquired property
Why Sell Properties in fall?
• The 34% of home listing that is within a month contract were able to sell the property higher than the list price with 11%
• To avoid competition for chosen property, consumers tend to seal the deal before the holiday season
• People are extra motivated in this season to buy a property due to some pressing matters like job relocation.
• It’s best for consumers to walk around the property in a cool weather than on hot weather.
• People will be able to get the most of the property’s features since sellers tend to improve more the property to catch the attention of prospective buyers.
Looking at the aforementioned reasons and their variance on why the following seasons are the best time to sell the property this year, the selling point should not be depended solely on the season, but with the seller. Though the buyer demand follows a distinct seasonal pattern, as well as with the home price, sellers should be well-informed by both local buyer demand and latest sales prices in the community before they decide to have their properties enlisted in the market.
To further enhance the chances of the property from getting sold at a very favorable price, a real estate agent in the Charleston, SC area is ready to help interested sellers in grooming up their property, selling advices or any real estate issues that needs professional help. Though selling a property could be an overwhelming task to handle, but if these are properly prepared for selling purposes, and is placed under the right real estate agent to handle the matters, the chances of having the property sold is high.
If you or someone you know is looking to sell their current home in the Charleston, S.C. area please feel free to contact Brandon Ray today at 843-499-1928 for a free consultation or feel free to contact me online by clicking here.
*Brandon Ray, 2015
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