According to many sources, winter is the worst time to list your house in Chicago. There are many reasons that contribute to this. Keep reading to learn more about what you can do about it in our latest post!
For many people looking to sell a house in Chicago, summer may prove to be a much easier time. With the kids out of school, fewer holiday events, and more time to browse, many buyers will wait until the warmer months to list their house with a Chicago real estate agent. You may have heard that winter is the worst time of year to sell your house. When you look at the facts, you will likely find this to be true. While houses do sell during this time of year, it often takes longer and will provide you with less of a profit. Between all of the time commitments, bad weather, and shorter days, selling your house on the MLS can be tough. Houses will stay on the market for much longer, increasing your holding costs. Below are a few reasons why you shouldn’t list your house in Chicago and why you should consider a direct sale instead!
Fewer People Looking
On average, there are fewer people out there looking to find a house, buy it, and move in during the winter months. You won’t have as large of a pool of buyers and the ones you do find may sense that you are desperate to sell, resulting in much lower offers. Most home sellers will wait until the summer months when the kids are out of school, and there is less going on in order to get a shot at full retail value. Looking at houses and moving can be much easier during the summer, bringing more buyers to the table. If you need to sell a house fast during the winter months, working with our team can help to provide the solutions you need!
In many parts of the country, the cold weather keeps people indoors. They aren’t out and about, attending open houses, seeing your for sale signs, or thinking about giving up the comfort of their current property. If you live in a place with snow and ice, people are going to stay home. It is very rare you will find people who are deliberately trying to pick up and move during the holiday season! People hibernate, staying indoors and not thinking too much about buying a new house in Chicago.
Spending Money Elsewhere
The holidays can be an expensive time of year. Between the gifts, food, events, decor and other holiday expenses, people aren’t always thinking about saving up for a new home. In fact, it is this time of year that many people find themselves taking on debt and maxing out their credit cards. Money can be tight during the holiday season. More people find themselves dipping into their savings, instead of adding to it to invest in a new home. Working with a professional home buyer such as Chicago Home Buyers will allow you to receive an excellent offer for the property no matter what time of year it is!
Busy Time of Year
Between everything else going on, buying a home may not be the easiest task. Finding and buying a home can take a lot of work and most people aren’t up to the task this time of year. There are Christmas parties, family get-togethers, and a whole host of other events that keep people busy during the winter months. Finding and buying a house in Chicago isn’t likely going to be a high priority for prospective buyers. As such, hiring a real estate agent and trying to find the right buyer may not be the best option for homeowners who need to sell a house fast in Chicago.
Sell Your House Anyway!
While winter is a historically difficult time to list a house in Chicago, working with a trusted cash buyer such as Chicago Home Buyers will give you a great price and a fast sale, no matter what time of year it is. We will buy your house directly, even when it’s cold! Don’t let a slower market stop you from selling! Get a fair, all-cash for your house in only a few short days! We buy properties in any condition and we will handle all of the clean-up, repairs, and paperwork. If you find yourself having to sell a house fast in Chicago during the winter months, working with our team will likely be the best option for you! Get in touch with our team today to run the numbers for your property. You might be surprised at what a direct sale to our team can do for you!