When Is The Best Time to Sell a Home in Chicago Fast?

When we think of the best time to sell a house fast in Chicago, we most likely envision choosing a great real estate agent, setting the right price as determined by a CMA, putting the broker’s sign on the lawn and staging an open house. Boom! That’s it. House sold.

Ah, but it is a bit more complicated than that. Choosing the best time of year to sell a house depends on a number of local and national factors, including interest rates, political considerations and the competition. Of course, weather can play an important role in determining the best time of year to sell a house in Chicago fast.

Suffice to say that despite weather or national or local economic trends, the most important ingredients to sell a house are the agent’s hard work and her or his innovative marketing capabilities. Without a multi-dimensional 21st century marketing plan, the typical house in Chicago or anywhere else will not sell and will stay on the market for inordinately long periods. This is not the vision you imagined when you thought you chose the best time to sell in Chicago.

Every season has advantages and disadvantages. So the best time of year to sell a house in Chicago fast is decided by:

  • The ability of the real estate agent
  • Setting a price that is based on a responsible CMA
  • The agent’s specific marketing plan for your house
  • Supply and demand
  • The weather

When you decide the time has come and it is the best time to sell, all these ingredients should come together. In Chicago, there are prime periods, like spring and fall, to sell but in these prime seasons there is also more competition than during the summer or winter. And, remember we cannot overlook the school year. Most buyers prefer to close on their purchase so their children can be enrolled in the Chicago school system at the start of the year or at midterm. Let’s take a look at the advantages and disadvantages of each season.

How Market Conditions Affect Home Sales

Do market conditions, price trends, interest rates, and the economy, in general, have any bearing on when you should list? The answer is probably not. Even if you are under no pressure to sell, waiting for better market conditions is not likely to increase your profit potential. Real estate industry analysts tell us it is possible to sell your house in any kind of market, provided if it is effectively marketed.

Instead, let your decision be driven by your family's needs, whether or not you still have equity in your property, or even by the size of the negative monthly cash flow if you own an income property.

The best time to list your home for sale in immediately after you decide to sell. With time on your side, you should attract more interested buyers, receive more offers, and have more options in a slow market. How much attention you pay to real estate market seasons and market conditions is up to you. A well-marketed and well-priced house will sell no matter when it is listed.

The real estate market determines how long the house will stay on the market.

How Seasons Affect Real Estate Market – Best Time To Sell A Home

Homeowners are often confused about when the best time to sell a home is. Your house can be very valuable, but your timing can determine how long it takes for you to sell the house. If you have a need to sell fast for whatever reason, the timing is very important. The fact is that in some areas there are times that are better than others when it comes to closing deals. Find out how the market behaves, where you are located so you know the peak period you can put your house up for sale for faster selling. Property experts can help you make the right move at the right time to enjoy a pleasant experience selling your house.

Four seasons of the year

Selling In The Spring

Winter is gone and happy days are here again. The ice has melted, the river is flowing, flowers are blooming and people are comfortable outdoors after winter. Spring is definitely the best time to sell a house in Chicago fast as long as the agent and homeowner work together to market and stage the house to the fullest.

In spring, buyers tend to be more optimistic than in other seasons. The home’s curb appeal should soar in spring when homeowners clean up their yards and get their flower beds in shape. Curb appeal, creating more storage space and staging the home to get the highest return are important factors in the busy spring marketplace.

Spring can be the best time to sell my home in Chicago

But, even with these elements in place, the seller needs a good agent, the right price and an outstanding marketing plan to get full value for the home. Does your agent have a good Internet platform? That’s where today’s buyers go to shop so be sure you listen to precisely how the agent of choice will present your home on the Internet as well as other marketing innovations.

Selling In The Summer

If you have chosen summer as the best time to sell a house in Chicago, your home should look its best. But, there are a few obstacle the marketing plan must overcome:

  • School is out and buyers can be distracted by their children
  • Buyers may go away for vacation and put house hunting aside

Certainly if the best buyer for your home is a family, there is the chance that vacations and children underfoot could distract potential buyers. But, summer weather is great in Chicago and the city looks very appetizing and all this contributes to the potential that summer is the best time of year to sell a house in Chicago fast.

Buyers need to buy prior to the school year still shop for a home during the Summer.

Selling In The Fall

Fall in Chicago is picturesque and beautiful. The city has a good deal of energy as football season begins and hockey season starts. Spirits are high, making Fall the best time to sell a house in Chicago fast for those sellers who follow the steps above and get a good agent with a great marketing campaign.

Next to spring, fall is the busiest season for home buying and selling – Let’s sell my home!

From a competition point of view, the market is active but not overwhelmed so sellers enjoy a steady stream of potential buyers as well as the all-important corporate relos. In a large city like Chicago, where corporations move employees regularly, corporate relocations cannot be overlooked. Be sure your agent has a strategy to draw those relos to your home before they arrive in town. Relos search the Internet in advance. But, a good marketing strategy will attract these buyers to your home and make Fall the best time of year to sell a house in Chicago fast!

Selling In The Winter

Winter works. Houses sell in winter in Chicago every year. The competition is lower and the holiday season can be a distraction but if a buyer is looking in winter, they are a serious buyer. Decorate your house for the season and don’t let the house look crowded. That can be a challenge but if your goal is to sell a house in Chicago, this is a market were your staging can make the difference.

At Delphine Homes, we have a strong online portal and an even stronger marketing program. We can help you choose the best time of year to sell a house in Chicago fast. Let’s talk! Please contact us if you are considering selling a home in Chicago.

Call The Delphine Team today to discuss when is the best time to sell a home in Chicago.

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