Why Summer Is the Perfect Time to Sell Your Home

Selling your home in summer might not seem obvious due to the real estate market's seasonal slowdown, but motivated buyers are still looking to close deals before fall. Timing is crucial in real estate, and summer offers unique advantages for sellers. Here’s why summer is a great time to sell your home.

1. Warmer Temperatures Motivate Buyers

Summer weather enhances showings with blooming flowers and clear skies, perfect for listing photos. Buyers are eager to settle in before fall, avoiding the winter slowdown. Markets like secondary homes, resort areas, and college towns see increased activity as vacationers and families relocating for the school year look to buy.

2. Summer Weather Improves Showings

First impressions are vital in real estate, and summer’s longer daylight hours and pleasant weather highlight your home’s best features, boosting curb appeal. According to the National Association of Realtors (NAR) 2023 Remodeling Impact Report: Outdoor Features, 97% of NAR members believe curb appeal is essential in attracting buyers. A study by the University of Texas at Arlington found that curb appeal can increase a home’s value by up to 7%. Ensure your home is cool and inviting during showings to attract potential buyers, even on hot days.

3. Less Competition Among Sellers

Summer typically has fewer listings compared to the peak spring season, offering less competition for sellers. In a low-inventory market, summer listings still attract qualified buyers. According to Redfin, there was just two months of supply available on average across the U.S. in May, indicating a low-inventory environment where summer sellers can stand out.

4. You Can Get a Head Start

Listing your home in summer provides an opportunity to get ahead before the busier fall season. Contact an agent early to prepare your home for the market, ensuring it’s ready to attract buyers. Early preparation also helps in transitioning to your next home smoothly.

Tips for Selling Your Home in Summer:

Prep Your Home: Maintain a well-kept lawn, trim trees and shrubs, and plant colorful flowers. Staging is crucial to help buyers envision themselves living in your home. Clean, declutter, and update decor to make the home move-in ready.

Price Smartly: Set a realistic price to attract serious buyers and avoid extended days on the market.

Ensure AC is Working: Keep your home comfortably cool during showings to encourage buyers to take their time and consider your home seriously.

Be Prepared: Monitor local market trends and emphasize your home’s strengths. Stay ready for negotiations, as motivated summer buyers might act quickly.

Selling your home in summer can be strategic and rewarding with the right preparation and timing. By leveraging summer’s unique advantages, you can attract motivated buyers and close deals efficiently.

No matter your property goals—be it an investment, sale, or purchase—reach out to Jason Buttorf. As a seasoned professional and local market expert, Jason will help you achieve your real estate dreams with ease and expertise!

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Source: realestate.usnews.com