When do you think is the best time to sell your home? Many people believe it’s in the spring.
Here are the Pros and Cons of listing your home in the Spring:
Pro
The weather is better, flowers are in bloom and trees have leaves.
Con
You will need to set aside time to mow the lawn in the spring months vs. the winter months.
Pro
There are more potential buyers. With more listings on the market in the spring, buyers increase as well.
Con
You will have more competition. New home listings always pick up in the spring and you may have some competition that could affect your selling price.
Pro
Homes typically sell for higher prices in the spring.
Con
Moving rates can be higher and moving companies are in high demand. Make your moving date mid-month and even during the week to miss the end-of-the-month rush and higher fees.
Pro
If you sell late in the spring the timing can work out perfectly if you have kids changing schools. You could likely move to your new home in the early summer when school isn’t in session and your kids can start at their new school at the start of the school year.
Con
If you sell early in the spring and need to move during the school year, it can disrupt your child's learning. Also, if your children will be going to a new school it’s more of an adjustment starting at the end of the school year.
Overall, the spring is a good time to list your property but as you see, it comes with a few cons that should be considered. At the end of the day, each situation is unique, and you may not always have a lot of control over when you sell your home. Whenever you decide to sell your home, It’s your realtor's job to work out a marketing strategy specific to your property no matter the time of year.
