Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'm taking my home off the market till Spring. The agent said relist it April 15th. I say that's a little late and March 15 is better. Home is in the north east.
You haven't listened to anyone on here yet and I see your house isn't sold yet. So that agent that only works with 6 clients at a time and agreed on the price that 10% higher than all the other agents hasn't panned out? I say don't take it off at all. You have no chance of selling when it's off the market, though if you're still 10+% over priced you still have no chance of selling anyway and it's irrelevant.
Brandon is dead on. Leave it on the market. If you are trying to avoid moving in the winter just negotiate a later closing date. Please tell us you aren't taking it off the market because your agent goes to Florida for the Winter, it happens all the time up here. More than likely the less expensive homes will sell before yours does anyway.
I am torn. Part of me knows that there are generally very few buyers in the market between NOW and sometime in the late winter. That said, some of the most motivated sellers WILL remain on the market and sellers that can act may get a good deal.
If, you as a seller, are not going to entertain offers that are below your asking price it does not make much sense to keep the listing active.
My local MLS does keep stats on listings and sales by date. There are some definate trends that I know parallel the various school holidays and things like the Super Bowl -- more shoppers mean more buyers.
If you are priced to GRAB BUYER'S ATTENTION it makes sense to get back on the market EARLY.
If there is no indication that homes in your price range are attracting buyers it does not matter all that much how long yiu stay off the market...
Putting your house back on the market early year is traditional thinking in an untraditional market. You will be competing with a bunch of new listings on top of the existing inventory. There buyers out there now through the holidays are serious buyers, many are relocating, and will want to move in quickly. Inventory tends to go down at this time of year, I would look to take advantage of that.
I was a very serious buyer ready to buy at any time of the year. We aren't all motivated by the school year calendar.
My realtor and I couldn't get up a driveway or 2 because of ice and trekked through mountains of unshoveled snow. Point is....can't sell it if its not for sale (or overpriced).
Around my part of the woods, we see a small surge usually starting around Jan 4-30 due to buyers hitting the market after the holidays with our normal market picking up steam starting March 1.
That's under normal times and in the south where winter is gone by March 1. I'm not sure if anything is considered normal today.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Advice is free, consequences have costs...
