3 Tips for a Successful Fall Home Sale
Here are a few key facts that you should know about selling your home in the fall season. Tune in for the details.
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There’s no such thing as a bad season to sell your home. While there are definitely some neighborhoods that seem to have a bit more activity in the spring or summertime, you can still sell in the fall. To successfully sell during the fall, you just need to look into your neighborhood’s market activity for the season.
First, consider your competition. How many other homes are on the market? Often in the fall, a lot of people make their last push to sell before the holiday season. That said, in the Denver metro area, we average about 3,000 to 3,800 homes sold each month. It may be less than the peak months where we sell around 5,500 homes a month, we also usually see a 28% decline in inventory levels in the fall. That means you may have less competition, and it also may mean that your neighborhood doesn’t experience much change in price values. The No. 1 thing to do is speak with your Realtor and get as much data as possible about your market area in advance.
Second, consider the season itself. Days are shorter, leaves have begun to fall, and several holidays are coming up. So what can you do to take advantage of that? One good way is to make sure you’ve got awesome lightbulbs in your house. In Denver, it starts to get dark around seven o’clock, and soon, it will start to get dark even earlier. If you’re going to have any nighttime showings, you’ll want to turn on all your lights and make sure they highlight all the great features of your home with bright, warm lighting.
The No. 1 thing to do is speak with your Realtor and get as much data as possible about your market area in advance.
Finally, be sure to stay on top of raking your fallen leaves. If potential buyers have to wade through a layer of wet, brown leaves to get to your home, it may convince them that other parts of your house aren’t well-maintained. You should also pull up any dead or dying flowers; use this as an opportunity to embrace the season with some light decorations. However, don’t turn your property into a haunted house! Some may appreciate the decorations, but others might not, and they can distract from the overall effect of your home. Remember, you’ll want to arrange your home in such a way that buyers can imagine themselves living there.
If you have any questions or comments about today’s video, don’t hesitate to reach out to me. I’d love to hear from you.