4 Benefits of Selling and Buying Real Estate During the Winter

Homeowners tend to sell or buy a home during the warmer months, but there are advantages to buying and selling real estate during the winter. The cold weather should not prevent you from putting your house on the market or searching for a new home, as you may miss out on fantastic opportunities. 

Waiting for the warmer months to make a move can be a big mistake, and the following are just some of the benefits you will experience when selling or buying a house during the winter:

SELLING A HOUSE

1. Homebuyers Are More Motivated

Those interested in relocating are serious about the process, and whether they are facing a tight deadline or want to avoid the cold, they will be motivated to move fast and place offers quickly. 

2. Less Competition

The real estate market is less busy during the winter, which will work to your advantage when selling a home. When fewer houses are on the market, your property will gain more exposure, and homebuyers will also forgive minor discrepancies due to limited options. 

3. Energy Efficiency

Potential buyers will pay attention to the temperature of a house and will notice if they feel any drafts. If your home is energy efficient and properly sealed, you can showcase your home's energy efficiency, which is a huge selling point. 

4. Corporate Relocations and New Parents

January and February are considered prime months for corporate relocations, which means there is pressure to buy since they are dealing with a stricter timeframe. This kind of market will often result in quick and easy sales. Additionally, with the September baby boom, Winnipeg realtors often see lots of new parents looking to buy as well and listing your home during the winter means you will have two eager groups of buyers. 

BUYING A HOUSE

1. Quicker Service

There are many steps involved in buying a house, and the process can take longer during the spring and summer, which are peak seasons. You will face quicker service during the winter, and more flexibility as fewer buyers are in the market. 

2. Problems Are Easier To See

Homeowners can easily highlight their homes during the summer to distract from small and large repairs, but this will be harder to do during the winter, and problems will be more evident. 

3. Less Negotiating

Winnipeg Realtors will pay close attention to the cumulative days on the market on MLS listings because if a property has been on the market for a few months and the winter season is coming up, the seller may accept a lower offer. Additionally, bidding wars are less frequent as fewer people are looking to buy, which means your offer will have a better chance of being accepted. 

4. Flexibility With Movers

You will have much more flexibility when booking movers, as winter is considered a slower season. 

Expert Realtors in Winnipeg

No matter how tempting it may be to wait until spring or summer, you need to take advantage of real estate opportunities during the winter. 

The experts at Century21 Bachman will ensure you find the perfect home, and our team will guide you through buying or selling a home. We can access all of the houses for sale in Winnipeg and will present you with listings that match your needs and criteria. Our realtors have years of experience in the real estate industry and will show you homes for sale in the Fort Garry, Crescentwood, Riverview, St. James, St. Boniface and St. Vital areas. 

If you are looking for reputable Winnipeg realtors, contact us today at (204) 453-7653!