Are you thinking about selling your house this summer? If so, make sure you read this blog post right away because you may want to reconsider! Here are 4 reasons why summer house selling isn’t ideal in MO…
If you’re thinking about selling your house, you might be wondering if summer is the best time to sell, or whether you should wait and sell it later. Here are 4 reasons why summer house selling isn’t ideal in MO (plus the one thing you should do instead)…
4 Reasons Why Summer House Selling Isn’t Ideal In MO
Reason #1. It’s Hot
It’s summer. So, of course, it’s hot outside. That means some people won’t want to go out. It also means that you can get pretty stormy weather that keeps a lot of buyers away.
Missouri experiences hot and humid summers. High temperatures and humidity levels can be uncomfortable for potential buyers touring homes. This discomfort may lead to rushed viewings or a lack of enthusiasm, affecting their overall impression of the property.
And the buyers who do come to your house will be very critical of just how cold (or not cold) your air conditioner is… even though it’s probably THEM that leaves the door open and lets out all the cold air.
Reason #2. It’s Dusty
It doesn’t matter whether you live in a dry area or a humid area, the summertime heat creates dust, which gets tracked into your house and covers everything. It’s a mess. And a hassle. And when the sun is streaming through the windows, you can actually see the dust floating through the air. Dust can accumulate both inside and outside the house, affecting its overall cleanliness and presentation. This can create a negative impression on potential buyers. Example, a dusty exterior may give the impression of neglect and could make it more difficult for buyers to envision the full potential of the property.
Reason #3. There Are Fewer Buyers
In the summer, most people are taking vacations and getting away from their busy lives. The kids are out of school and time off from work has been booked so people want to take their families to the cottage or to the Grand Canyon or to Disney World. Therefore, there are fewer people in the market to buy houses.
Reason #4. There Are More Sellers
Even though there are fewer buyers, many sellers love selling in the summer because they think it’s more convenient. Therefore, you’re not just competing for fewer buyers to look at your house, you’re competing against more sellers. Increased competition among sellers can exert downward pressure on prices. Sellers may find themselves in a situation where they need to price their homes more competitively to attract buyers, potentially leading to reduced profit margins. Therefore, it’s harder to sell your house and even harder to sell it at a price you want. Extended time on the market can lead to increased carrying costs and stress for sellers.
Summary
If you want to sell your house, but you’re thinking about selling it in the summer, you may want to rethink that plan. Here are 4 reason why summer house selling isn’t ideal in MO, but there are other reasons too.