(BPT) - While cold
weather causes many people to stay snug and cozy indoors, it provides a great
opportunity for home buyers to get out and find their dream home. Fall and
winter are typically considered the off season in the housing market, but
actually buyers can potentially find better deals and sellers may find the most
serious buyer. To take advantage of the benefits of off-season real estate,
consider these important areas of advice.
Use strategic
elements of the season.
The off season is a great time to buy because you'll have less competition with other buyers and a reduced chance of getting in a bidding war that drives up a home's price. When you're not fighting with other bidders, you can make a sound decision and have a better chance of getting the seller to pitch in on concessions, such as closing costs or funds for improvements like appliance upgrades.
The off season is a great time to buy because you'll have less competition with other buyers and a reduced chance of getting in a bidding war that drives up a home's price. When you're not fighting with other bidders, you can make a sound decision and have a better chance of getting the seller to pitch in on concessions, such as closing costs or funds for improvements like appliance upgrades.
Prepare yourself from the
start.
Today's unique real estate market can be confusing for even the most savvy folks. That's why it's important to work with a real estate agent who can answer all your questions. Not all real estate agents have the same training and experience, so find one who has the background necessary to navigate complex situations.
Today's unique real estate market can be confusing for even the most savvy folks. That's why it's important to work with a real estate agent who can answer all your questions. Not all real estate agents have the same training and experience, so find one who has the background necessary to navigate complex situations.
Look beyond the first
impression.
During the fall and winter seasons, it might be easy to overlook subtle home issues. A home that is currently vacant, whether it's a foreclosure or the homeowners already moved, may have internal issues due to freezing temperatures. If a house you're interested in is vacant, make sure that it has been properly maintained so that you can be confident there are no issues.
During the fall and winter seasons, it might be easy to overlook subtle home issues. A home that is currently vacant, whether it's a foreclosure or the homeowners already moved, may have internal issues due to freezing temperatures. If a house you're interested in is vacant, make sure that it has been properly maintained so that you can be confident there are no issues.
Strategic points for sellers.
For sellers, the off season doesn't have to be a detriment to making a sale. Remember, staging your home so it looks organized, stylish and modern is a smart move. Also, remember potential buyers may want to drive by your home before they schedule an official showing. With fewer daylight hours, it's important to keep lights on in the evening, so if they drive by, your home isn't completely dark.
For sellers, the off season doesn't have to be a detriment to making a sale. Remember, staging your home so it looks organized, stylish and modern is a smart move. Also, remember potential buyers may want to drive by your home before they schedule an official showing. With fewer daylight hours, it's important to keep lights on in the evening, so if they drive by, your home isn't completely dark.
"The off season means opportunity for both
home buyers and home sellers. By acting now you might be able to get an
incredible deal on your dream home or sell your property in record time."
- Courtesy of ARA
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