DON'T Wait Until Spring to Sell YOUR Home!

By
Real Estate Agent with REMAX Specialists Minnesota License#90858

As a REALTOR® in the north and east Minneapolis/St Paul area, I hear it all the time...Potential home sellers lamenting about how it is too late in the year to sell their Minnesota home. It’s late October now, so soon the snow will fly and no one will be buying. “We missed the market this year so we will have to wait until spring to sell our house now!”

My response is quite simple. “If you can list your home now, you REALLY should.”  Teri Eckholm REMAX Specialist SOLD Sign

 

And the reasons are equally simple:

  1. Low Inventory
  2. Continued Demand

 

The Minneapolis/St Paul metro area has become a year round market. Sure, more people do move in spring and summer but traditional sellers have an opportunity to shine if they list their homes when there are mostly distressed homes on the market. These very low interest rates and increasing news reports about how home prices are edging up, have gotten buyers off the proverbial fence and into the market. Home buyers are waiting for well maintained and well priced homes to hit the market. This is an opportunity few home sellers will take advantage of because they think people do not want to move in the winter. And some people don’t want the inconvenience of showings during the holidays.

But in my experience, the buyers looking in the fall and winter months are very serious about buying a home. Home buyers are tired of viewing bank-owned properties that need work and have no disclosures. They are frustrated with short sale homes that they will have to wait months for possession. Most buyers prefer to buy from a traditional seller….and buyers do worry that prices and interest rates could edge up in the spring. So home buyers are looking in October and will be looking in November, December and January too. But a well prepared home seller might not have to wait that long. In the past few weeks, homes that I have listed received offers within days of hitting the market. Pricing and preparation were key to getting the quick offers. These are not flukes either. I have seen many well priced listings fly off the MLS in October.

Quick Staging Tips for Selling Your Home this Fall:

  1. Rake leaves and clean gutters—Unfortunately, this may need to be done daily if you are getting lots of showings. But buyers cannot assess the condition of the lawn, sidewalk and roof if it is covered with leaves.
  2. Heat up cinnamon sticks—Put a few cinnamon sticks in a pan on the stove or in a microwave dish with water just before a showing so it smells like an autumn festival!
  3. Turn on the gas fireplace—If you've got it, flaunt it! A crackling fire adds ambiance and makes a house feel like home!
  4. Pumpkins and mums—Accent the entry with a pumpkin, colorful mum or other fall décor to give seasonal curb appeal.
Posted by

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Theresa "Teri" Eckholm, a call or visit my website for a FREE Relocation Packet or FREE Homebuyers Success Packet.   I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

 

Buying a Home? Check out my HOME BUYER'S BLOG!

Copyright 2014 Teri Eckholm http://www.terieckholm.com/

 

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  1. Ginger Harper 10/22/2012 01:14 PM
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Topic:
Real Estate Industry
Location:
Minnesota Anoka County
Groups:
Internet Empowered Consumer
Bloggers Choice Selections
Posts to Localism
Minnesota Real Estate
BananaTude
Tags:
sell mn home quick
fall homeselling tips
fall home staging
best time of year to sell a home
best minnesota realtor
acreage realtor

Comments 23 New Comment

Rainmaker
596,526
Teri Eckholm
Acreage & Lakeshore REALTOR Minneapolis St Paul
REMAX Specialists

Joan--Thanks Joan!

Praful--Let them know that my clients that listed now received offers in days! Price it right and get it ready, it has a good chance of selling!

Andrea--Cinnamon makes a house smell wonderful! And yes, tough to find a perfect home when there are none to look at over the winter.

Chuck--Thanks!

Karen--Low inventory seems to be a nationwide trend...Glad you liked the tips too!

October 22, 2012 11:51 AM
Rainmaker
596,526
Teri Eckholm
Acreage & Lakeshore REALTOR Minneapolis St Paul
REMAX Specialists

Jennifer--I hear this question every fall but this year the answer really rings true. If you can list and are ready to move, do it!

William--Thanks!! Yes, list now and have better odds of being a stand out!

Michelle--Wise advice! :)

Karen K--Exactly!

Michael--I agree and wanted to get the word out...list now, there is a good demand!

Karen C--Multiple offers here too...expecially on entry level homes. There is a strong demand and low inventory!

Brian--Yup! And buyers really do want something new to see. If they see what they like, most are ready to write up an offer too.

October 22, 2012 11:58 AM
Rainmaker
529,528
Ginger Harper
Your Southport~Oak Island Agent!
Coldwell Banker Sea Coast Advantage

This is so true if you are in a hot area of the country. Right now, our inventory is still high and the demand is still low. I think mainly because we are in a coastal community with 2nd homes and vacation home..  But the market is inching its way back.

October 22, 2012 01:15 PM
Rainmaker
572,160
Wayne and Jean Marie Zuhl
The Last Names You'll Ever Need in Real Estate
Hallmark Realtors

Hi Teri - good advice. Our inventory is dropping but the buyers are still anxious to grab up the great deals!

October 22, 2012 01:36 PM
Rainmaker
596,526
Teri Eckholm
Acreage & Lakeshore REALTOR Minneapolis St Paul
REMAX Specialists

Ginger--My market is the Minneapolis/St Paul area and our inventory of good well priced homes by traditional sellers is nearly gone. Expecially in lower price points. Not true about cabins in northern MN but they started to sell again with the lower interest rates. We are seeing many multiple offers on homes again too!

Wayne & Jean Marie--Exactly! Lots of anxious buyers wanting to take advantage of the lower interest rates if they can find a home!

October 22, 2012 02:22 PM
Rainmaker
596,526

Teri Eckholm

Acreage & Lakeshore REALTOR Minneapolis St Paul
Looking to buy or sell in the Twin Cities? Contact Me Today!
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Additional Information

Theresa "Teri" Eckholm/REMAX Specialists assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.


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