WHY SHOULD YOU SELL YOUR HOME IN JANUARY??

Many of us are misguided by the myth, that only the handful of most desperate sellers would list their home in January. The good reasons are - cold weather which means less traffic at open houses, while people are still getting themselves situated after the chaos of the holidays, and homes have much less curb appeal without blooming flowers and growing grass.  BUT, we fail to look at the more positive side, where there are also a number of factors that significantly outweigh the disadvantages of putting your home on the market at the first of the year.  

Firstly, there exists a vast majority of "typical" sellers would still prefer to list their home in the late Spring or Summer months, when the sun is shining and the school year is over. During these summer months, it is much obvious that there will be a large number of comparable homes on the market in your neighborhood or school district, which will ultimately give more options to buyers. Thus, putting your home on the market in January enables you to take advantage of a supply-and-demand balance that's skewed in the opposite direction for much of the year.  

Secondly, Nowadays buyers have access to virtual resources for viewing a home and gathering information about it, that in many cases they develop a strong opinion about a home even before they see it in person. Undoubtedly, there are real estate photographers who can perform small miracles with lighting, angles and editing software, but for the most part, buyers have access to a plethora of information, photos and virtual tours of homes, that only few walk into a showing expecting something completely different than what they see.  This is helpful to sellers listing in January for a couple of reasons.  

·         It makes open houses less important, which is great because buyers become much less motivated to spend the day walking through the city from open house to open house when it's rainy and cold.  

·         It helps sellers rectify the issue of minimal winter curb appeal, as sellers can use listing photos that are taken in summer months - giving the buyer an idea of the homes seasonal potential.  

Third, the holiday season is the best time when people reflect on their life and establish goals for the New Year.  Home ownership is a common and reasonable goal for many, and one that is made more attainable by financial opportunities that are around during the holidays - bonuses, inheritances, gifts from family members, etc.  People also examine their finances during this time, and are more likely to consider the tax implications of home ownership, and the financial disadvantages of renting.

Take the advantage of season!!! Contact AJ Lamba Team today at get your home listed in the market, before the barrage of listings hit the market in April.