Selling At The End Of Summer...(m)
Seeing how it's the end of summer do you guys think I'll have a harder time selling my house? Is it possible that because I'm selling with owner financing on CFD I may still get it sold this year(hopefully before Dec). What have been some of your experiences with end of summer/fall sales?
quinn
No one has experiences to share on this one?
quinn
Different areas have different responses to seasonal timing.
I listed my 5 bd/3ba family home for sale in a County that has an excellent school system. I listed 9/2/04 probably at the top of this market due to it being a strong market, good location, etc, etc.
I am having little activity and no offers.
If it was Spring or Summer here, I would be getting both, even if I was priced a little high.
I'm hoping the buying season isn't completely over just yet. I truly hope I don't have to hold this house for long.
quinn
Sales typically slow down during the late months of the year, and pick up again in spring, with peaks in early summer. That is not to say there still aren't buyers out there.
Quinn,
Just be open to something creative; even if it's a rework of your advertisement(s).
How are you marketing the house? Maybe if you shared the ad your using, or however you're doing it, someone might have a suggestion to improve it.
My guess is that there are credit-impaired buyers out there year round. It's your job to find them. They're looking for you if you send the right message.
Think outside the box, be unconventional in your thinking, and you won't be limited by something as conventional as seasonality.
I think John Locke has an article somewhere around here that talks about this. He ended up doing something interesting with a Corvette to sell an upscale house in Dec. I'm not suggesting you offer a Corvette
[addsig]
Mboysen,
I plan to market this property every which way I can.
I'll be advertising in the main Sunday paper that circulates over the entire metro area, I also plan to advertise in the city where the house is located.
I also have contacted a couple mortgage brokers and asked them to keep my property in mind if they come across anyone who has been approved and is currently looking for a property, even if they have someone who couldn't get the greatest terms on a loan because their credit is a little off.
If that doesn't work, I'll put it on the mls and offer a commission to the buyers agent.
Hows that for a marketing strategy? Hopefully, I get some biters early out the gate.
quinn
I believe that this is only important if you suffer cold snowy winters. Because you can't enjoy a fluss lawn, large full trees, singing birds, buzzing bees or smell the sent of a bed of flowers. So I think you get the picture. Try to sell it creatively, remember creative thinkig goes both ways in REI... Good Luck..
Michigan tends to have cold snow winters
I don't miss the cold snowy winters. Just the leaves changing and white christmas. But I'll take an 80 degree new years barbeque any year!