Last Updated on May 12, 2020 by Luke Feldbrugge
Figuring out the best time to sell your house can be one of the most challenging decisions a homeowner has to make. Well, right after deciding to sell their beautiful home in the first place.
Thankfully, there are a handful of studies available that tell you exactly when it’s the best time to sell your home. The studies look at factors for maximizing your profit and minimizing the length of time your house will be on the market.
If you own a home in Atlanta, you’re in luck! If you’ve been thinking of selling your home, now is the time to act because your prime selling season is just around the corner.
Did you know, more than 5.7 million people call the metropolitan area of Atlanta home, making it the ninth-largest metropolitan in the United States? Yeah, that’s a lot of people that are going to be looking to buy. Just in 2016, there were under 400 homes sold in the Greater Atlanta area. In 2018 one of those houses could be yours.
The Absolute Best Time of Year to Sell?
Experts agree that Spring is the best time to sell a house in Atlanta. Spring is a time of renewal, and people start looking for fresh starts. Buyers are motivated to find their new home, and you’ll see that more potential buyers will come to your open house in spring than during any other time of the year.
Researchers at Zillow revealed that homes listed in the first fifteen days of May sell, on average, approximately 18 days faster than homes listed at other times of the year. Also, homes sold in this period sell for about one percent higher than average as well. That is great news for anyone selling their home!
Atlanta real estate agents widely recognize President’s Day as the start of the selling season. In 2018, President’s Day falls on February 19th. Our advice would be to get through the winter months and start your preparations during the long weekend.
There is a large number of homes on the market during the Spring which translates to a large number of buyers looking. We recommend that you talk to your Homes for Heroes Real Estate Agent to pick the perfect date to reach all those buyers.
In addition to listing your home in May, the day of the week your listing is available can make a difference as well. Zillow found that listings that go live on Saturdays have more interest. That is due to the simple fact that the majority of people looking to buy homes have traditional work schedules and have more time to look at houses on the weekend.
The beautiful spring weather, with the flowers starting to bloom, serves to make your house look it’s best. The longer days of spring and early summer give you more time to prepare your property and those longer days also mean there’s more time for buyers to look at homes.
Picky Buyers? Don’t Worry!
Both buyers and sellers can afford to be picky during the high season. The sheer number of houses available on the market means that the perfect buyers can be right around the corner. It also means you could run into some pretty picky buyers. Don’t feel like you have to take the first offer, especially if it doesn’t accommodate your moving schedule.
Making the Most of Your Listing
One thing to keep in mind is that your competition, other sellers, have the same idea so they will also be listing their homes in the spring. Make sure you complete your spring cleaning, and your staging is on point to entice sellers to picture their new lives in your home.
There are many things you can do to stand out from all the others. Make sure you paint inside and power wash the outside, get your carpets cleaned, and maximize the lighting in your home. Location is always the number one thing people want in a home, and good lighting is right on location’s heels. Increase the wattage of your lamps, trim the bushes back to let in the daylight, and change the drapes to sheers instead of blackout drapes.
HGTV suggests half empty closets can make a difference to buyers as well. Storage space is high on buyer’s lists. Buyers will always poke around in the room, and a half empty, clean, and well-organized closet will give the impression of more available storage space. Removing personal pictures of your family is also a huge help. The potential buyer is able to then picture themselves in your home.
Also- do your best to keep your home as neutral as possible in order to appeal to all varieties of style and preference. White, beige, and grey are all very good wall colors and should be easy on the eyes for most home-buyers!
Spring weather can be unpredictable, so make sure you give buyers a place to wipe their feet or stay their umbrellas if it rains.
Open house tip: Place vases of freshly cut flowers that smell delicious, like lilacs, in different rooms. You can also fill your kitchen sink with ice and chill some bottles of water. Little touches like that will make people remember your listing.
One last big tip
Make sure you have a place for your pet to hang out while you’re showing your home. Not everyone is a cat or dog fan, and many are allergic as well. Having someone else watch your pet will negate any awkward questions about pet damage. Out of sight is out of mind when it comes to pets.
If you’re selling a house (or buying!) in Atlanta, comment below and let us know how it went, and any tips you have that we didn’t mention!