If you think “Back-to-School” and the upcoming foliage season signals an end to the Vermont real estate market, then let’s dig into the “fall market” mentality. To understand where we are in the calendar let’s recap where we’ve been. Vermont has it’s own “timing” for real estate sales. You’ve heard that spring is the best time to sell. We call that the “spring market.” For us, that starts when the snow stops, usually by mid-April. If you plan to put your house on the market before mid-April you may end up with “snow photos” rather than “spring photos.” Then, we transition to the “summer market” which is a rollercoaster ride of buyers in and out of the market based on their summer obligations – traveling, boating, grilling, and chilling. Now, in September we are settled into a “fall market.”
Why would someone list their house in September or October? Here’s what we have learned after decades of tracking buyer and seller trends:
Curb Appeal – In September and October “curb appeal” has maximum impact. Mulch has been spread, driveways resealed, and annual flowers are blooming. Who doesn’t love walking up to a house with a few pumpkins on the steps?
Cooler Weather – The cooler mornings and evenings help sellers keep their houses comfortable for showings. Outdoor spaces are easier to view when you’re not frying in the mid-day sun or sweltering in the humidity.
Serious Buyers and Sellers Only – Sellers in the spring may try to “test” the market with high list prices with the intention to reduce as the season goes on if their house doesn’t sell. Fall market sellers know that they have a shorter amount of time and want to price their homes to attract the maximum number of buyers. Buyers in the fall market may have been looking since the spring. Once September hits they know this is their last chance to buy until next year.
If you’re thinking of buying or selling don’t wait until next year, we can help you get your home ready to list this fall. Contact us to get started.
How difficult is it to decide on an offer on your property? It all seems so simple. You put your house on the market with your trusted real estate professional. Buyer’s Agents show you property and then submit offers. Now what? Let’s look at three considerations when assessing an offer:
If you want to get the highest price for your house when it’s time to sell, then you need a professional to assess your property’s condition. Buyers scrutinize your house and property from top to bottom. One question that sellers often ask is, “Should I paint?” And, as you can imagine, the answer is specific to each situation. There is one painting job that you should book right away, however.
It’s turning into a cruel summer for many buyers and sellers. Sellers and buyers are increasingly afraid that their house sale or purchase may be their next mistake.
Are you afraid that you missed out on selling your house for the “highest price ever?” Well, fear not. We have been helping sellers get top dollar long before the meteoric rise in sale prices over the last few years. Our “Prep for Success” program provides a roadmap to maximizing your house’s value.
What do you love about your home? Our marketing program goes above and beyond your average real estate listing. We take the time to research your location, amenities and unique features to attract qualified buyers. We love what you love!
If you are selling your house you may hope that potential buyers are familiar with the idiom “Don’t judge a book by it’s cover.” Meaning, in real estate parlance, that you’re hoping the buyers will overlook the sagging gutters, cracked driveway, tired garage doors, and fall in love the interior of your house.
The Weaver Team 