Each year, the National Association of REALTORS® conducts research into the behaviors of home buyers and sellers. While there’s a TON of extremely valuable information in the report, at 128 pages, not everyone will take the time to read everything. Luckily for you, we have! And, we’ve pulled out 10 of our favorite facts.
The spring market is in full-swing, which means good things for buyers and sellers alike. But, if you’re planning to sell this season, there are some tips you can utilize to make the most of your home sale. Following a harsh winter, full of snow and a polar vortex, buyers are poised and ready to hit the market again.
May 12, 2014
Here in New England as the temperatures drop, so goes the traffic of buyers. Or at least that is the traditional belief of many real estate professionals. While it is true that buyer traffic does drop off in the cooler months, nobody has proved that transaction volume drops by similar numbers. In my opinion it is a perception issue. Qualified motivated buyers remain in the market year round. Time and individual circumstances dictate this from a buyer point of view. So the perception of less traffic makes one feel as if it is harder to sell in the offseason. At the end of the day, it is easier for the listing agent and the seller to sell in the offseason since there are fewer tire kickers, or nosey neighbors in the market. As a REALTOR, I would always prefer to deal with a handful of quality buyers than a plethora of buyers that are a mixed bag of indecision and motivation.
October 8, 2013