While convention insists sellers wait until January to list their homes, sellers who list in November and December can find themselves in a sellers’ market.
Do people buy in November and December? Of course they do! But most sellers labor under the misconception that people don’t buy in these months, and that it’s better to wait until January and the beginning of the new quarter to list their homes on the market. What’s the advantage for sellers who list now instead of waiting until the new year? Less competition!
Right now, heading into winter in Myrtle Beach, there’s already an issue of low inventory. Realtors in the area have been talking about it for years now. If you take this already-present issue of low inventory, then move it into the fourth quarter where there’s traditionally even less inventory because of that traditional sellers’ reluctance to list until the new year, sellers listing in the next few months can find themselves in a great position to get the most for their home.
Sellers listing in the next few months can find themselves in a great position to get the most for their home.
Buyers in today’s market are confident. Trends show that people are willing to make long-term investments, and chief among them are investments in real estate. If you factor that confidence and eagerness to buy into that fourth quarter extra-low inventory, you enter into a supply-and-demand environment, in which you have many more opportunities to sell at a higher asking price than you’ll get in that crowded first quarter market.
If you’re thinking about selling, call me at (843) 654-1212. We can make a comprehensive analysis of your property and its value, and we can work together to make a decision on whether the fourth-quarter is the right time for you to sell.