As you know, timing is everything with most things in life, but like the stock market, correctly timing your real estate moves can be the difference between receiving thousands of extra dollars and losing out on just as much.
Put simply, it all comes down to knowing when to make certain moves… and when to avoid those moves altogether.
Banking an extra $12k in real estate is actually pretty simple… all you have to do is focus on a specific timing that’s coming very soon…
A two-week period may not seem like a long time in an entire year, but we’re quickly approaching a window with some significant consequences and opportunities in the world of real estate.
For property sellers, putting a home on the market in the first half of May normally means a final bump in the sale price of anywhere from $1,000 to $12,000.
Why is that?
It seems to be a bit of a sweet spot for sellers in the infinite battle of supply and demand. A lesser supply in general during early May means higher selling prices.
But of course, this time frame will differ slightly from area to area – the first half of May is a national average.
For example, this time frame would be early June for Houston while it would be Atlanta’s would be early April, according to data.
But this timing phenomenon doesn’t only have an impact on selling price alone…
There are 2 other consequences of this two-week period that are strikingly beneficial for sellers:
First, it gives a big bump to even the worst markets, which can experience more sales in this time frame.
And second, on average, homes sell 18 to 22 days faster when they’re listed during this sweet spot time frame.
So, if you’re thinking about listing your home for sale, you could be about to enter the very best time to do so.
A small amount of research about your local area could give you the knowledge you need to get the timing perfect and end up banking an extra $12k when it’s all said and done.
